I got a really cool opportunity at a unicorn as senior manager for OS. But the salary is half what I make right now. I can live with half the salary, but I’m scared it would be a strong step back...

Posting as :
works at
You are currently posting as works at

Hard no on salary cut; it takes years to get it back up no matter what they tell you. Source: took a 30% cut to join B4 from industry and have yet to get pay back up to prior levels - and it's been years of high performance ratings.

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Sounds like you already know the answer

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A unicorn can afford to pay high salaries do not take it don’t do the company a favor

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Usually I want at least 2/4 to make a move
Salary
Growth
WLB
Responsibility
sounds like this new company would offer only 1/4

likesmart

Is the salary half of what you make now or your full compensation package? If the full package, not sure I would do it. But if the whole package is close to current and you have the opportunity to make a lump sum when the unicorn goes public, then the move appears more appealing.

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^^ this. Did they give you stock to make up the difference?

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... the company doesn’t pay high salaries in general. The position is increased impact and responsibility. But I’m not sure about progression or exit opportunities from there.

Pick the job that will allow you to develop more rare and valuable skills. Focus on your career capital.

No on the salary cut.

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