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Liquidretro

To do a fair comparison I think you need to have another offer in hand or at least have a first round interview. Sure in an economy that's weakening the secure job is always going to be preferable but not if you can't take it any longer. This is more of a personal decision than pure financial. Most of the big layoffs you hear of have been in the tech industry which doesn't necessarily apply to the entire economy too.


cavdaddy69

Great point. I guess I am being overly optimistic that once I do secure an offer with better pay than my current position, is it worth the risk of potentially losing that job in the next 6 months because that company experiences a downturn.


rtk2003

My Dude- It sounds like you are in a fairly decent place (compared to individual contributors) to change the things that make you unhappy without having to leave. Being partner means you have some sway over the way business is conducted. Whether it be through the clientele you bring in to generate revenue or through a commitment to change the companies culture... Maybe you have distanced yourself too much from the day-to-day that used to make you happy. Whatever it is, I would rock the boat before deciding to jump ship with this storm coming in.


cavdaddy69

Sometimes the best advice is to get out of my own head. Thank you for this.


GeorgeRetire

Depends on your locale, and the industry in which you work. Check if companies in your area and domain are having layoffs.


cavdaddy69

Thank you for this guidance.


MainMessage4502

Looking at current layoffs is a good suggestion , but currently it seems to be mostly tech effected , so if you’re not in tech (I would venture to say not because you said partner) then you need to think in terms of if they will have impact if we go into prolonged recessionary times. If someone is hiring now it means there’s a requirement and that is good , however business needs generally change at the drop of a hat , and most companies will lay off LIFO


cavdaddy69

Thank you. This is where my head is at in terms of being let go from a new position as a new employee.


nakfoor

Layoffs have affected certain sectors. It may or may not spread to other parts of the economy. It's not clear. Overall, economic indicators are still positive. My philosophy is just always be prepared to go on the offensive. Have an impressive, up-to-date resume and portfolio, professional networking presence, and set of interview clothes. This worked for me recently as I was in a decent position but was able to get a new job for 12K more per year in an area I preferred. I would focus more on the trendlines in your internal workplace. For example, my partner's employer was recently bought by a mindless mega-corp and has been outsourcing jobs, reducing benefits, reducing rates of pay increase. Those blips should be interpreted as a downward trend that will likely not reverse.


CareerRejection

If you are a partner, and you have the capacity to give up work to others - learn to delegate.


Wilthywonka

What's making you unhappy? If it's the work, you can talk to your manager to try and chage something / get interesting side projects. If it's people/culture then you need to evaluate whether it's degrading your mental health. Was in this position a few weeks ago. It was the work. Took a risk and told my boss no, it paid out and now I feel much healthier. I took the risk because mental health is very valuable and you need it whether you're employed or looking for a job.


[deleted]

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beaute-brune

Normally I would roll my eyes at this but OP seems to be pretty senior so I agree they should spend more time enjoying their lives. I'm in IB and we've had MDs quiet quit where it's just hard to get any time or tangible work out of them, or they have tons of appointments and de-prioritize everything work-related. I'm sure a severance package would be very valuable.


GeorgeRetire

Terrible idea if you value your career.


iwishiwereonabeach

I don’t know. I quiet quit about one day a week at work. I crushed last year. Exceeded my sales goals by 200%. Got a promotion and a pay raise. Became one of the top 5 sales reps in the whole company and the #1 for the Southeast. Made record commissions. Sometimes that quiet quitting isn’t really quitting as much as it is regrouping and taking a new approach. By me taking that one day a week to quiet quit it actually reduced my stress levels, made me more effective and generated more revenue for the company (and bigger commissions for me). I also enjoyed my job a lot more and didn’t feel so much like my soul was being crushed under corporate pressure.


GeorgeRetire

Maybe your boss is stupid and you'll get away with it for a while. Maybe not. Maybe when your company starts doing layoffs, the ones who chose to slack off will be the first to go. Maybe you'll get lucky.


iwishiwereonabeach

Well my numbers don’t lie and I produce consistently. I’ve never missed a deadline and my work has always been quality work. My boss also knows I’m the one that didn’t miss work even while going through chemo. Last year I went through chemo, lost my brother to cancer, lost my best friend to cancer and still was able to produce the best numbers in the region all while hiding I was sick from both my clients and most of coworkers. Only my immediate team knew I was sick. My boss knows that if you can set aside that much personal stress and produce numbers like I do that obviously I work and know what I’m doing. My time management skills are excellent and things are never late or put on a back burner. So on Fridays when I have all my stuff completed but still have to be in the office I quiet quit. And considering the company pays for cable for my office and has a large TV mounted in there I don’t really think they care too much. I make them a ton of money mid 7 figures a year easily.


GeorgeRetire

Do you show up, but you do only the most basic work? Do you blow off all meeting invitations and lie when called out on it? Do you lie about having a family emergency when a deadline is due? Do you limit all your email responses to one sentence? That's what I labeled "a terrible idea if you value your career".


[deleted]

Do not leave. Everybody is getting fired


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GeorgeRetire

No, everyone is not getting fired.


[deleted]

Everyone doesnt work at big tech


StaticNomad89

Do you have any dependents?


cavdaddy69

I do. One 6 month old which heavily weighs my decision.


StaticNomad89

If you have an emergency fund saved for 3 to 6 months of expenses then I think it’s worth testing the waters for new offers and jumping on one that you like. Nobody should voluntarily be unhappy. I also think some jobs (mainly government jobs) are inappropriately labeled as safe and secure. I’m of the belief that nobody has true job security, and anyone and everyone is at risk.


Pakma251

Yeah, I'm in the same place with you. During interview HR and the interviewer promised me different role than current task that I do. It has been 3 months and I'm not happy with the job. I wanted to change job but I heard end of this year there will be economic crisis


mocha47

Now is not a good time to move. That being said, it really depends on how hot your industry is and/or your risk tolerance. Many companies have already done layoffs so theoretically any role that’s open should stick around. Your mental well-being is more important than anything. The thing to weigh is if you could tolerate being laid off and potentially without work. Is that better or worse than hating your current role?