I was in a similar situation a couple of years ago. I was in a management situation and over the course of a couple of years, I was on the verge of complete breakdown suffering from a level of anxiety that I had never experienced before. I was lucky to have a very understanding boss who had promoted me over the years because of my talents and abilities. I was valuable enough that they wanted to keep me and they helped me step down and transition into a new role without employee supervision involved. I took a similar pay cut, but it was the best thing I ever did. I had to be careful about my spending, but my life satisfaction is better and my anxiety has slowly come down to a level that I was able to better cope. I hope this change serves you well also.
Bald-Accountant wrote:
So I finally got my new salary.
I knew that the top of the new range would be $10K less. I told my wife that and she was OK with it. My manager had sad something like it could be a reduction of $8K -$14K, and somehow my wife heard $6K to $10K.
It came in at $11K reduction and my wife is disappointed and talking about how hard it will be.
I know it is just worry about the finances, but I feel bad hearing the disappointment, concern and frustration in her voice.
We should be able to make ends meet on my salary, plus she is working part time, but it just seems like we never have enough money.
I feel selfish taking this pay cut, but she encouraged me to for my health.
Please tell me I did the right thing taking less stress over $11K more pay.