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Readers just had a fabulous threadjack with lots of thoughts on money and time — specifically, comparing everyone’s jobs in terms of hours and pay. It was a really rich discussion — and it’s a great topic: What are the best tips for how to find jobs with low hours and high pay? These are definitely the unicorn jobs that have you laughing all the way to the bank, but if you’ve worked very long hours, a tradeoff may sound perfect.
We’ve talked about salary vs. title (which is more important), as well as how to negotiate salary, but we haven’t really talked about this tradeoff between time and money since our last discussion of when a lower salary was worth it.
As the original poster noted,
I make $175k salary, ~$30k bonus and work ~70-75 hours a week in a consulting role. As I alluded to in the original post, I feel like this isn’t a tenable trade off right now and would either want higher pay or lower hours… but don’t have a good sense for what reality is among other professional jobs!
Answers were — as you’d expect — all over the board, with one prosecutor in a suburb of a large NE city reporting she made $52K for 45-50 hours a week. On the flip side, one T&E lawyer in New York City noted she made $325K base for “about 40 hours of work a week.” Some people noted benefits (such as vacation days); others did not.
Someone else noted (for the lawyers at least!) —
Yet another person noted
But there are a few people that have pursued the “passion” type jobs and work long hours for peanuts, as well as people who ended up taking the “in house” pay cut but not actually getting a lifestyle change like they wanted (whoops).
The entire thread is really fascinating, but let’s delve a bit further:
- For those of you working MANY hours a week, is the money a big “reason” for you doing so, or do you love your job?
- For those of you who have perhaps traded in an intense job for a job with fewer hours but good pay, how has the tradeoff gone for you?
- How many of you chose careers specifically because you were hoping for high pay but low hours?
- If you always knew you were in a job with untenably high hours, how did you know it was time to leave? (For example, by the time you hit a debt/savings goal, by a certain birthday, by the time you’d acquired specific skills?)
Stock photo via Stencil.