If you need logical reasons why, read about this study on how we all should make more change decisions:
https://www.inc.com/jessica-stillman/study-of-20000-coin-tos...
If you need logical reasons why, read about this study on how we all should make more change decisions:
https://www.inc.com/jessica-stillman/study-of-20000-coin-tos...
The truth is that most people make their decisions emotionally, then explain and achieve them rationally. That's okay. Do what you want to do, not what you think you can justify.
I've accepted a lower salary a few times to move on from an org to a better work life balance. Usually it involves moving away from NYC companies. Salary shouldn't be the singular reason for not accepting a position if it's competitive.
I'd be hesitant on giving this advice because it's the exception - not the norm.
I've done the same - taken less pay for a chance at a better work environment. But I was going from like $1m+/yr (IPO gains) to $400k/yr. It was a huge cut but it wasn't going from market rate to below market rate which is what your advice is kinda leading with. It was going from a very "above market rate" (tbh - it was probably still below market rate because I had done startups before that hadn't worked out... This was one that was kinda working out) to something closer to market rate.
I plan to change jobs and find one with better hours, better environment, etc... I plan to make about $500k/yr at the next job.
But it's another layer of tactical thinking - what are you getting in exchange for that money? So for the OP, I'd encourage them to figure out if they're making market rate or not before they make that judgment.
I'm in the NYC area, and the delta between companies in NYC vs. elsewhere nearby (i.e. NJ) is huge both in terms of options and pay.
I have a few friends in NJ that explicitly refuse to work in NYC/Manhattan because of the horrible commute/transit situation. The downside is that they seem to have very limited options in terms of companies they can work for in NJ.
There's something about simple studies about long term/life altering decisions that appeals to me. I get the same feeling from reading this and reading 80,000 hours [0].
Our intuition often misguides us when problems are complex. Whether or not this is the type of problem that you should follow your intuition on depends on how multi-faceted the criteria are for a successful work relationship. The more multi-faceted the criteria, the more we should use our rational brain to decide.