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Unread 2016-10-27, 09:57 AM   #26
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I took a small (under 10%) cut in base pay to move back to KC, work less hours, be closer to family/gf/friends, and be back in an area I enjoy. Although, if my bonus is high enough I will make the same.

I'm only 28, but this past year I've grown to value my time away from work muchhhhhhhhhh more than the previous 2-3 years.
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Unread 2016-10-27, 10:14 AM   #27
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I took a small (under 10%) cut in base pay to move back to KC, work less hours, be closer to family/gf/friends, and be back in an area I enjoy. Although, if my bonus is high enough I will make the same.

I'm only 28, but this past year I've grown to value my time away from work muchhhhhhhhhh more than the previous 2-3 years.
Public accounting will do that to you.

Where did you end up at back here?
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Unread 2016-10-27, 10:17 AM   #28
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Public accounting will do that to you.

Where did you end up at back here?
CVR Energy
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Unread 2016-10-27, 02:22 PM   #29
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CVR Energy
Literally just applied there today.
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Unread 2016-10-27, 05:24 PM   #30
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I've been salary for the last 4 years. I had the option to stay salary come Dec 1st, but I have opted to go back to hourly. I've been working 47+ hours a week, missing things at home, to tired on the weekend to do anything. Right now spending time at home with child and wife mean more than anything to me. I'm looking forward to being 40 hours going forward, even though for the time being it puts on hold on any advancement within the company. I'm not really looking to move up right now. Gotta get the wife through her cpa stuff at umkc, and get this kid to school age. At that time I will look to move into another position and probably back to salary. For now, I need a more even work life balance.
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Unread 2016-10-27, 08:02 PM   #31
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I have been in a "what am I going to do next?" phase for a while now.

I think I figured it out and am starting to make some moves. If I can't stay where I'm a now, it will likely mean a salary reduction.

I can't wait.
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Unread 2016-10-27, 09:23 PM   #32
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I took a small (under 10%) cut in base pay to move back to KC, work less hours, be closer to family/gf/friends, and be back in an area I enjoy. Although, if my bonus is high enough I will make the same.

I'm only 28, but this past year I've grown to value my time away from work muchhhhhhhhhh more than the previous 2-3 years.
I'm almost 27 and am hitting the same point. I love my job for the most part, but I just had an interview with another company where I'd be Monday - Friday 8-5 40 hours a week hourly and making up to $10k more a year. And I'm still on the fence. Where as now I work weekends, long hours, crazy fucked up schedule etc.
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Unread 2016-10-27, 09:51 PM   #33
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I did a similar thing. took a $10-12k pay cut from my job in the aircraft and left it to be an insurance adjuster.

Now I make about the same, plus get a bonus, 5 weeks of vacation, a company car, and set my own schedule (with my boss in k.c.).
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Unread 2016-10-28, 08:21 AM   #34
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Literally just applied there today.
For which position?
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Unread 2016-10-28, 09:53 AM   #35
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It is all about balance and risk, and how much you can tolerate.
I can take a gig with a large corp making probably twice what I make today, but I know I would be unhappy and miserable.
The flexibility and autonomy is absolutely priceless.
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Unread 2016-10-28, 10:02 AM   #36
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What about changing industries completely? I've been in banking coming up on my 12th year. Basically spent my entire 20s with the bank. I've been thinking a lot lately if I want to continue my 30's in banking or not. I'm not sure what other industry I would want to get into. I know banking, policy and regulations like the back of my hand. Starting over with something completely new is pretty terrifying.
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Unread 2016-10-28, 10:29 AM   #37
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Well, just an update, my wife did switch jobs and while there are some downsides, she does get to be home a lot more, take more time off, etc. She took a pretty decent paycut (roughly $24k/yr less), but overall it has been a good switch. Going from a large corporation to a small business is something she has had to get used to, but overall it seems to be very supportive. She works four 9 hour days, no nights, no weekends, etc. She gets good, basic benefits, and time off nearly whenever she wants. It makes it a lot easier to plan.
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Unread 2016-10-28, 10:32 AM   #38
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For which position?
Risk Management Analyst. Honestly would take any position, really trying to get into accounting field somehow.
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Unread 2016-10-28, 10:36 AM   #39
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What about changing industries completely? I've been in banking coming up on my 12th year. Basically spent my entire 20s with the bank. I've been thinking a lot lately if I want to continue my 30's in banking or not. I'm not sure what other industry I would want to get into. I know banking, policy and regulations like the back of my hand. Starting over with something completely new is pretty terrifying.
This is the opposite for me. I have been in the helping people industry for a while and want to get into accounting. Trying everything i can.
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Unread 2016-10-28, 10:40 AM   #40
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This is the opposite for me. I have been in the helping people industry for a while and want to get into accounting. Trying everything i can.
Once the wife has her CPA and gets into the position she wants at the Kauffman foundation, we will be fine income wise. It will be much easier for me to switch industries at that point. So I probably have another 4 to 5 years of this before I can realistically make a move.
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Unread 2016-10-28, 10:44 AM   #41
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What about changing industries completely? I've been in banking coming up on my 12th year. Basically spent my entire 20s with the bank. I've been thinking a lot lately if I want to continue my 30's in banking or not. I'm not sure what other industry I would want to get into. I know banking, policy and regulations like the back of my hand. Starting over with something completely new is pretty terrifying.
There are two things I would say about it. If you are unsure what you want to do, look at companies that are known to treat their employees well. Not just pay, but overall. If you can be happy in and out of work, you care a lot less about what you do everyday for the paycheck.

Second, your shoe in somewhere may be the finance side of things. All companies in one way or another rely on finance. Without knowing your background, I would assume that you have at least a basic understanding of the industry - so jumping ship from banking to a larger company with its own credit/finance department may not be that difficult.
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Unread 2016-10-28, 11:15 AM   #42
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There are two things I would say about it. If you are unsure what you want to do, look at companies that are known to treat their employees well. Not just pay, but overall. If you can be happy in and out of work, you care a lot less about what you do everyday for the paycheck.

Second, your shoe in somewhere may be the finance side of things. All companies in one way or another rely on finance. Without knowing your background, I would assume that you have at least a basic understanding of the industry - so jumping ship from banking to a larger company with its own credit/finance department may not be that difficult.
I know the underwriting side of lending, I can do cash flow analysis, work loans start to finish. I have no degree at the moment. I just started as a teller and worked my way into management. I'm just done with the sales side of banking and want to get more into the back office work, operations management etc.

I've been checking out positions within our fraud and aml departments. I've found a few interesting postings, just trying to make up my mind.

I'm also waiting to see what the fall out from Wells fargo's f'up will be, if/when government decides to add more regulations around our sales practices or not.
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Unread 2016-10-28, 11:20 AM   #43
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I know the underwriting side of lending, I can do cash flow analysis, work loans start to finish. I have no degree at the moment. I just started as a teller and worked my way into management. I'm just done with the sales side of banking and want to get more into the back office work, operations management etc.

I've been checking out positions within our fraud and aml departments. I've found a few interesting postings, just trying to make up my mind.

I'm also waiting to see what the fall out from Wells fargo's f'up will be, if/when government decides to add more regulations around our sales practices or not.
Oh yeah, I am curious what will happen as well.
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Unread 2016-11-02, 12:52 PM   #44
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I've been wanting to cut back for a long time but it's not really possible. We own the company and more or less retain customers off the relationships they have with me. If I start delegating work out and they lose that contact with me when/if they have issues arise I feel like we'll lose a lot of value to our customers.

We continue to grow so I continue to get busier, it's just tough to split my work up and not be involved for our customers as my non-stop availability is a large part of what they have come to value in us.
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Unread 2016-11-02, 03:11 PM   #45
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I've been wanting to cut back for a long time but it's not really possible. We own the company and more or less retain customers off the relationships they have with me. If I start delegating work out and they lose that contact with me when/if they have issues arise I feel like we'll lose a lot of value to our customers.

We continue to grow so I continue to get busier, it's just tough to split my work up and not be involved for our customers as my non-stop availability is a large part of what they have come to value in us.
What is the company?
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Unread 2016-11-03, 08:36 AM   #46
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What is the company?
Core Sleep. We're a small company you wouldn't have heard of unless you work specifically with critical access hospitals around the midwest.
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Unread 2016-11-03, 09:19 AM   #47
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Think about the people you've known who were near the end of their life, whether natural causes or sickness. Have you ever heard them say I wish I would've made more money? It's almost always I wish I would've spent more time with family, or taken that trip I always wanted to, or learned to play the piano, etc.

Make enough money to live comfortably, and live life. It's your only one.
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Unread 2016-11-03, 10:44 AM   #48
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I've been wanting to cut back for a long time but it's not really possible. We own the company and more or less retain customers off the relationships they have with me. If I start delegating work out and they lose that contact with me when/if they have issues arise I feel like we'll lose a lot of value to our customers.

We continue to grow so I continue to get busier, it's just tough to split my work up and not be involved for our customers as my non-stop availability is a large part of what they have come to value in us.
Sounds a lot like Golden Handcuffs
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Unread 2016-11-03, 11:47 AM   #49
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Sounds a lot like Golden Handcuffs
It sort of is. It definitely has perks as well. I can work from anywhere which allows us to pretty much travel when/where we want. The problem is that even while on vacation I have to be available 24 hours a day. It's rare that I get random 2:00AM calls, but it happens and I have to be available for them.

Not getting to ever actually get away from work becomes a drag after a while for sure though.
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Unread 2016-11-03, 01:04 PM   #50
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It sort of is. It definitely has perks as well. I can work from anywhere which allows us to pretty much travel when/where we want. The problem is that even while on vacation I have to be available 24 hours a day. It's rare that I get random 2:00AM calls, but it happens and I have to be available for them.

Not getting to ever actually get away from work becomes a drag after a while for sure though.
So whats your long term exit plan in the horizon?
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