Most Americans Say Work and Life Balance Is More Important Than a Higher Salary. How to Manage If You Need to Take a Pay Cut

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Most Americans Say Work and Life Balance Is More Important Than a Higher Salary. How to Manage If You Need to Take a Pay Cut
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The pandemic has upended millions of American lives, and for many has made them reconsider priorities around work.

Another survey of workers from Paro, which provides accounting and finance solutions for businesses, focused on those who think for a living – such as programmers, pharmacists and lawyers. The survey found the group also prioritized their work-life balance over making more money.

If you're considering taking a job where you will make less money, there are a few things you need to consider before you make any moves, she said. Plus, you may realize you don't want to leave your job, but instead would like more flexibility or a change in your role. If this is the case, now is a great time to ask for a different schedule, to take on different responsibilities or introduce other flexibility into your job, Samojednik said.

If you will need to trim your budget, Brown suggests living as though you've already taken the pay cut for a few months to see how it works out. It will give you a test-run of what life will be like with a smaller salary and help you decide if a pay cut is truly what you want.

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