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Article:

8 Reasons You Should Take a Pay Cut

Some Situations Present a Compelling Case for Taking Less Money

6. You Seek Fulfillment

If your job is boring or you’re suffering from burnout, you won’t be happy no matter how big your paycheck.

Tom Low, former CFO of Restoration Hardware, Safeway, and Ask Jeeves, gave up gazillions to work for the non-profit East Meets West Foundation, an agency that serves disadvantaged people in Asia by offering improved healthcare, clean water, and sanitation. Granted, not everyone is lucky enough to have the option to do what we love. But if you find work that resonates with you that you can make work even at a reduced salary, you’ll give more credence to the adage "Money can’t buy happiness."

 

  • Dawn Dugan

    Dawn Dugan specializes in writing books, articles, white papers, reports and special communications for the human resources industry. She is the co-author of Effective Executive Compensation, which was published by AMACOM in 2008. Read more...