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1. ghaff+(OP)[view] [source] 2023-11-18 17:25:48
How many people do you think are in a position to comfortably, even happily, take a 70% pay cut?
replies(1): >>ndrisc+pm
2. ndrisc+pm[view] [source] 2023-11-18 19:21:36
>>ghaff+(OP)
In fields like software or quant finance, I imagine a lot? Investopedia says that 200 salary and 500+ total is "not uncommon" for a quant, and that even entry level is 120-150. At 120k, 1/3 pay puts you at the median personal income in the US, which I'd say is a pretty sweet deal. At 200, you're close to median household at 1/3.

People in this thread are saying you "only" get your base. If they really do get full base pay of 200k, that puts them in the 94th percentile to take a forced vacation.

replies(1): >>ghaff+yo
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3. ghaff+yo[view] [source] [discussion] 2023-11-18 19:33:34
>>ndrisc+pm
I don't really disagree in this specific case. Although there's also lifestyle creep--perhaps especially in the case of living in NYC.
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