I'm in talks for a new role in software sales for >200k ote (vs current ~140k). Predicted market bottom: Q2/Q3 right when probation makes you an easy target to be shtcanned.

Still gonna do it if they make me a good offer, but there is some risk to it.

I accepted an offer at a new company this month for a pay increase of over 40%. Depends on the industry but I feel pretty secure even in this economy

What if they realize that they have been growing too fast and need to let people go like lots of big tech companies are currently doing?

I have been through this a few times. The new guy is usually the first to go when things go south.

The only “good” thing is that pretty much EVERYONE is expecting a recession later this year so if they are hiring right now they should already have that factored in. And if you are mostly commission based then they aren’t as concerned anyways. But yeah there is that risk of being the “new guy” when cuts come.

We are already in a recession and have been for about 1 year. This will only get worse for the next year or two then thinned should improve.

One of hold onto job

How much money you got saved? If you were to be without a job for the next year, would you lose everything or float on just fine? If your skills are valuable, you'll find employment somewhere.

I would switch, yeah. There’s no guarantee your current employer doesn’t lay you off anyway.

If anything, I would just pad your financial nest egg with a few extra months of expenses, just in case chit goes south.

At the new job I would just try to prove your worth as soon as possible.

Yeah, I'm looking to do that now.

Sure. I can flip burgers anywhere.

Will get feedback tomorrow if I'll get the job or not. What's a good size stock package to demand?

For that much money I'd take the risk. But my living expenses are extremely low as well. IE I can pay all of my bills and live comfortably on as little as $1200-1500 per month now. If I were to get terminated (I'm only 35 now) I could probably go a few years without needing to worry about finances.


If I made 200K per year I'd likely be investing at least 100K per year into the markets. So it would be worth the risk to me.


200K per year sounds like a lot but depending on living expenses/cost of living in your area the risk may be different for you.

You can live on $1,200 a month? You must be single/sharing expenses with a gf, have no kids, and living in a modest apartment in Wyoming or something.

I live in Louisiana. Not even the cheaper part of Louisiana I just designed my life to have low expenses. Live alone. Never had a room mate. No kids. Built an energy efficient 3 bed 2 bath home 8 years ago. Refinanced it at 2.8% interest and had a ton of equity so my mortgage is locked in at $585 a month for the next 29 years. Water is $30 a month. Power $65 a month. Gas about $40 a month. Garbage disposal $60 a month. Internet $50 a month. So total household expense is $830 a month.

My truck, motorcycle & boat are payed for. Debt free aside from home. I have a work vehicle also so most of the time I'm on free gas. Ride my motorcycle most of the time when I'm off. So maybe $10 a week worth of gas for transpo. Buy groceries in bulk/shop sales at local grocery stores and cook most of my own meals. Pretty much only buy clothes/stuff on sale (GF watches sales so its easy).


Pay all my insurances and property tax at beginning of the year in a lump sum. My insurances are all cheap because pay lump sum/long time customer/never made any claims. Property tax is cheap because my house is in an unincorporated area. Etc.



Don't get me wrong. I live a good life and spend far more then that per month. I buy what I want whenever I want it. I invest large quantities of money. I travel about 4x per year. Etc. But if I were to lose my job or need to cut back I could source about 85% of my food from hunting/fishing/growing a small garden and picking local fruit. If I were to take on a room mate or have my girlfriend move in to split house-hold bills my expenses would fall even further.




TBH if I were to lose my job I'd likely just pick up some cash side hustles and work 1-3 days per week for myself. I'm only 35 but ready to retire and live life on my own terms. Another 8-13 years and I'm checking out of the work force forever.