this post was submitted on 17 Aug 2023
32 points (100.0% liked)

Personal Finance

3861 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago
MODERATORS
 

Trying to get to know the community a bit more.

If you want to share figures (you don't have to) you might probably want to use a throwaway account, better safe than sorry.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (2 children)

Why do you quit when you're overpaid?

How come you're overpaid in the first place?

Edit: ~~nou're~~ -> you're

[–] [email protected] 14 points 1 year ago

I have a job in an American tech company. I'm paid Silicon Valley entry level wages which easily puts me in the top 10% earners in my country.

I've been at this job for 5 years. I'm not learning or doing anything new, I lost my favourite teammates in layoffs, I don't respect my company and I'm tired of having 8pm meetings with the US west coast.

I've bought my apartment now, so my living costs are about to go way down, and I'm being offered a giant severance package if I leave now, no severance if I quit at any other time. Now's the time!

[–] Squeak 8 points 1 year ago

It’s possible to be overpaid and unhappy where you are. When you’re spending 40hours/week doing something, it doesn’t matter what you’re paid if you hate it. Happiness is more important than money, as long the lower level of money is still enough for you.