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Chief
I'd ride it out as long as you can. Why turn your life upside down over what MIGHT happen?
I would enjoy your role for now, but get prepared for that next opportunity.
So rather than actively applying, I would:
- Get your CV and LinkedIn fully up to date
- Build some thought leadership on LinkedIn
- Revitalise your network by reaching out to old colleagues and make new connections. It's easier to ask for a chat if there's no expectation
If the restructure does come, then you're not starting from scratch, likely find something good quickly and can make the most of (I assume) a great pay out
No. This is a perfect opportunity to expand your skills. There are so many great certifications, education opportunities, and hobbies. I am not sure your age but at 50 I went back for my Doctorate. Best decision ever. If I am laid off I can always teach college online until I find a permanent job. Also age is respected at the university level. So it will ease my transition into retirement. My day job is Consulting but I love research. Someday I hope to publish. Royalties on publishing is also another great source of secondary income.
I'd keep a 6-12 month emergency fund on hand and casually search for a new position. That's great money for MCOL, so I'd just stack cash for as long as it lasts.
Pro
A1 is on target. Be ready, but why jump if you're happy. There is nothing to guarantee you will love the next gig or it will be more secure.
If you aren't in an up and out spot and getting critically close to the fork, who cares? Not everyone wants, needs, or can get to the top. You are making a great living that affords you a good lifestyle. I don't see the ouch a job change will relieve. I wouldn't.
If you think you will be laid off, then you should also know that it could be months before you get your next job. So I assume you are chill because you can afford long term unemployment.
If you have a solid financial cushion and you feel comfortable with possibility of indefinite unemployment, I don’t see why you should “get back on the escalator “. The job market is not great and it won’t get great.
Then you have no reason to escalate - two reasons drive people into serious job hunt , they hate their job or they are anxious about getting laid off in this market. You don’t have either
Try to move into industry. There is lots of opportunity to move up there compared to big 4 where you will eventually be pushed out if you can’t make PPMD.
Also always good to keep feelers out bc you never know when you’ll need plan b. but milk it while it lasts.
Im in the same boat but struggle with different aspects. As wonderful as it sounds on the outside, it’s extremely psychologically taxing. I need some sort of framing that makes me feel fulfilled by this season of life that feels so empty. Sure it’s mentally stimulating but I’m not actually helping people in meaningful ways. This is not what i want to do for the rest of my life and that’s OK but it’s getting me XYZ right now and that’s beautiful. This perspective shift gets me through the day much more enjoyably.
On the other hand, I have options BC and D planned out and not worried about finding another job. Interesting we both have the same situation but different perspectives/experiences with it.
Pro
My point was you don't have to wait until you have the money to retire or shift careers to make a difference and get the gratification that comes with that.
It felt a tad condescending to imply some are happy to spend their lives in a soul sucking job, but you are above that. You have a higher purpose. You just are putting off making a difference. I was pointing out you don't have to.