Nobody likes to earn less money—ever. But the experience of taking a pay cut can prove a career asset in the long run.
Nobody likes to earn less money—ever. But the experience of taking a pay cut can prove a career asset in the long run.
Sometimes it’s an economic cycle that forces your hand. Other times it’s an opportunity where the career upsides outweigh the compensation package. Or maybe you’ve just had to move. No matter your reason, accepting a lower salary than the one you’ve earned previously isn’t any fun. But there are actually some upsides to making less, and they can change your perspective on your career and even yourself in ways you might not expect.
