4 ms·
I don't totally agree with this. If you shift from big company to startup, you'll almost certainly have to take a pay cut, but usually you're doing this in exch
by acconrad 15y ago
I don't totally agree with this. If you shift from big company to startup, you'll almost certainly have to take a pay cut, but usually you're doing this in exchange for seniority and equity. I wouldn't agree with a blanket statement that you should never take a lower-salary job.
- kelnos 15y agoYeah, this is a tough one. I recently took a (7%) pay cut to join a new company, but my situation was a bit different. I had quit the previous company outright without anything new lined up, and I was being paid a bit above-market (their attempt to retain me despite the fact that I was unhappy). I'm sure I could have eventually found a company willing to match or beat my last salary, but I would have had to pass on several interesting opportunities to do so. So you can't just make the blanket statement that taking a pay cut is bad for any reason.
- artmageddon 15y agoVery good point; I hadn't thought of this angle because the parent hadn't mentioned anything about going to a startup. In my situation, this other company was anything but a startup, rather, it it was a well-established but still very niche company that I dealt with. No seniority, no equity, no raise.