Downsizing your career?

Can you not find something around the same payscale/different industry or are you tied in?

If I moved from my current industry I would take a huge drop in wages but then I can't see myself e ver getting bored with my current job.

KaHn
 
Can you not find something around the same payscale/different industry or are you tied in?

If I moved from my current industry I would take a huge drop in wages but then I can't see myself e ver getting bored with my current job.

KaHn

Only because you'd be completely unemployable due to lack of training, knowledge, expertise and experience in other fields (pun intended) which is not, I think, what the OP is considering.
 
[FnG]magnolia;23103614 said:
Only because you'd be completely unemployable due to lack of training, knowledge, expertise and experience in other fields (pun intended) which is not, I think, what the OP is considering.

Eh? My current field commands a substancially inflated salary compared to others.

Speaking to friends in a similiar role (seniority) in the Aerospace industry I earn approx 3times more. Which is what I was getting at, being a engineer in one industry is not exactally the same as another but I'm pretty confident that structural engineering a bridge is very similiar to doing the same thing offshore, just different codes to conform to.

But nevermind Mag, not like you to wade in is it?

KaHn

/edit :- What I was getting at with Huddy, is that I know he is high up within the IT industry but I'm pretty sure he has a very specialised skill set, which isn't easy to jump around, I may be wrong but different industry sectors offer whole different challenges.
 
Did it ten years ago - best thing I could have done, but not due to being bored at work, but being too stressed, never being home, living out a suitcase etc. ...everything a Consultant should enjoy (but this one didn't)
 
It's not just limited to engineering. My girlfriend is caught in a job she hates because the pay is nearly double that that she'd get anywhere else.
 
I imagine it gets awfully dull :S

IF the pay was good enough though, I'm not sure what I'd do. Would be quite hard to take the pay decrease. Would depend how I was doing financially (mortgage etc...)

kd
 
[FnG]magnolia;23103614 said:
Only because you'd be completely unemployable due to lack of training, knowledge, expertise and experience in other fields (pun intended) which is not, I think, what the OP is considering.

I wouldn't get a job in the same field because things have moved on to the extend I'm unemployable. I've been in the field and sector for over 25 years... Simple solutions and rapid development have liquefied the market and watered down the expertise which was once such a speciality.
 
A bit noddy to ask, but I'm sure you've flagged it to your direct reports? Seems odd a company paying you well to sit and do very little! I get lynched if I'm under 85%-90% capacity! For which reason I end up at 130% doing ridiculous hours! :(
 
I wouldn't get a job in the same field because things have moved on to the extend I'm unemployable. I've been in the field and sector for over 25 years... Simple solutions and rapid development have liquefied the market and watered down the expertise which was once such a speciality.

Then would you not be better off re-training in your personal time? Keeping your current lifestyle/wage until an something better comes along?

KaHn
 
I have recently taken a pay cut to be happy rather than have money. My wife to be was very supportive and said she wou ld rather I was happier then the extra income, remember we don't live to work, we only work to live, if you disagree you're very very sad
 
Maybe an odd or misleading title, but quite simple, would you give up a job for much less pay (say around half) if the job you were doing had no work? Consider also pension and possibly a redundancy package.

I’ve been in a job now where we’ve not had any project work for years and the only ones we have had is to centralise software back to head office in Germany. So the work gets less and less. Basically, it sounds like an ideal job, getting paid for just sitting around but it gets to you eventually. It’s quite soul destroying.

On the other side, given the job market and my age, I think I could be a lot worse off. I watched a program last week where this chap, who was once management, found himself supporting his family using the food bank because the benefit system failed him. I’m not sure I’d let that happen to be honest. I’d find something to do self employed from the offset.

Is the grass always greener and is money really worth more than your sanity?


I am in a similar position.

I'm exceeding the budget expectations set out at the begining of the year, and the pay is decent, but its boring the life out of me and I spend a lot of time going over old ground.
So I'm looking to move on, trouble is, the pay is very good for the job, and nothing comes close in the area, so I'm going to have to take a lower paid mon to fri job and do some driving on a saturday, which would leave me better off financially overall as the Saturday job I've been in to see about is £180 for a shift which isnt to be sniffed at.

Thats if I want to move on of course, but saying that, I've got a £4k bonus due in April and I'm so bored with the job I'm willing to forgo it just to do something interesting.
 
I have recently taken a pay cut to be happy rather than have money. My wife to be was very supportive and said she wou ld rather I was happier then the extra income, remember we don't live to work, we only work to live, if you disagree you're very very sad

Live to work is what people do when they love what they do. Work to live is for those who hate it.

I know which is more sad. ;)
 
I have the same problem huddy, slowly my soul is being gnawed at, i have three kids and a wife,

my lucky part is that my wife earns a lot too, and could easily support us, while i change careers, and after 2 years of soul destroying boredom, i have made plans to leave.

i go to night school, to get my 17th edition electrical qualification in january, I have set up a company on the side for now, that will deal in AV instal and Home automation, once i have the 17th editon i go live (forgive the pun)

Im 44, and im gonna start from scratch, and i am sooo excited about it, and much happier for it.

good luck with your decision.
 
I'd stay at your current job & use your free time & good wage to either build your own business or get trained up for something else you fancy.
 
I have recently taken a pay cut to be happy rather than have money. My wife to be was very supportive and said she wou ld rather I was happier then the extra income, remember we don't live to work, we only work to live, if you disagree you're very very sad

Whole heartedly agree, but with that said in the western world we require further financial aid (comparebly to mostly elsewhere) to 'live' in the sense we're talking about, it's a catch 22 and it sucks.
 
A bit noddy to ask, but I'm sure you've flagged it to your direct reports? Seems odd a company paying you well to sit and do very little! I get lynched if I'm under 85%-90% capacity! For which reason I end up at 130% doing ridiculous hours! :(


Well in theory yes, but the legacy systems are only being maintained not developed which means I'm here for when they go wrong, which not often.

Then would you not be better off re-training in your personal time? Keeping your current lifestyle/wage until an something better comes along?

KaHn

Yes, I've been thinking of an OU course but this would mean a complete career change.. which lead me to this questioning :)
 
Jump.

If you wait until you are pushed then you well find it harder to find the next role. At least by jumping first you can take your time and pick a good next role.

Our use the time to build up a business of some kind. I earn good money in my job but my mortgage etc is horrendous. My preferred option would be to downsize my while life and work for myself.
 
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Sounds to me you have the time to do a Masters if your at work not doing anything you could use the time to study a Masters, or something that is public related like a social welfare degree or Graduate Diploma. Use the time to benefit you in the long term and take advantage that your being paid. Thats what I would do really, find a way that it benefits you in the long run.
 
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