Would you take a pay cut from $205K base to $180K base to go fully remote + can live wherever (from 2 days in office in NYC).

likesmart
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Yes if you can literally live wherever

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Absolutely. Can drastically reduce cost of living by moving out of NYC to make that 180k go much further on a day to day basis.

likesmart

MD2 - are you saying it's important because the person is expensive and could be looked at as opportunity to be cut?

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I wouldn’t, but NYC is also the only place in the US I consider habitable.

funnylikesmart

always sour grapes people who can’t make it in New York

smart

No I would take a pay raise and live wherever I want

likefunnysmarthelpful

Do you want to leave NYC? If you’re staying in the city anyway, I don’t see the point unless the other role has other draws

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If you want to move, this could be a good opportunity to do so (assuming you’re ok with a full time remote environment). 180k in Chicago will definitely go further than 205k in NYC

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Yes—I’d want the freedom more than the 25k.

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25k less all the taxes Mondami will take!

likefunny

I did that in 2020. Totally 100% worth it.

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Never take a pay cut

likefunny

Why not? There are things in life that matter more than money for many people

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Is this an offer for a fully-remote job at $180K? :)

As some others have indicated, the details are important - are they micromanaging the remote workers, and more flexible with in-person workers? Do I need to account for every minute I'm "on the clock"?

If I just need to "get my work done", I'd rather make 10% less and work from home. But I don't want the work environment to become more stressful because my boss doesn't know how to handle remote workers well.

Let's take it a step further. I'd work remote, flexible-schedule 4 hours a day (with full-time benefits) for $90k. I'd work 8p-12p most days, occasionally 1p-5p, and get a lot done. Studies show a most people will get more done in 4 hours than full-time workers get done on 8 hours because they have less stress. Then I'd spend the rest of my day helping people and organizations in my community.

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Yes. That is an attractive and exciting opportunity!!

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It’s worth it if you are going to move away from the tri-state area.

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YES! Health versus wealth

likesmart

I accepted a down level position for a $50,000 cut. Its remote and program responsibility but no direct reports. And I have time to pick up clients on the side which I wasn’t allowed to do in big4.

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As someone who lived in Chicago but worked for NY company I’d like to warn you about tax implications - please research this before deciding. If your home office is NY you will still pay NY taxes.

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What do you regularly do in New York that you couldn’t in other US cities? No need for a car, can walk everywhere, Central Park, Bryant Park, sit by the water enjoying the skyline, food, Lincoln Center…

Definitely

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totally would

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Plenty of Lower Cost of living locations where that money would go way further.

Where i live we bought our 1800 sqft house (less than 20 years old) with a 2 car garage and a 1 car detached garage on about a half an acre for just under 160K. Now less than 10 years in it appraises around 230.

We are 1 - 4 hours from multiple major US cities.

We get access to the big city stuff when we want it but at the small city costs.

Sure I miss visiting with people in the office but zero commute time and the flexibility that remote work brings is wonderful.

I can and have worked in the car why we were in route to vacation as well.

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I’ve told my wife many times that it would cost my next employer at least $30k more to make me go in every day.

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Yes, honestly I would think about all the money I would be saving from traveling to work 2 days a week and what I'm buying while I'm at work (coffee, energy drinks, lunches, etc) and how I can use that time to build out better habits for myself.

I'm currently in my working out era LOL

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Hell yes, especially cause of your comment about starting a family. Can you do it on NYC? of course. but if you want to do it with space and a yard within cost, NYC will be harder to do so.

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