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Not overpaid. Even if you are paid below the market, but you are highly skilled in a job where you deliver a lot of value for the employer and you make a lot mo
by AdrianB1 2y ago
Not overpaid. Even if you are paid below the market, but you are highly skilled in a job where you deliver a lot of value for the employer and you make a lot more than the average worker, you can take a pay cut. For example, average pay in US is around $50k/year. If you are very good in tech or an MD and you make $250k, are you overpaid? Probably not. If you take a $50k cut, with the remaining $200k you are still fine in many places. There is no reason to reach the conclusion you are overpaid.
- listenallyall 2y agoThe fact that you have to take a pay cut, rather than find another employer at the current level, is evidence that the original salary was well above-market
- christhecaribou 2y agoNo, it isn’t? There is more to life than salary.
- AdrianB1 2y agoI am not able to understand the logic of your conclusion.