Been a lurker here for years, but just created this account for my first post.
I have a great paying job, ~$300k per year, but ultimately I am no longer happy in it. I am in an industry that means nothing to me or anyone I know. It is a dying industry, but wont be going away anytime soon. I have around 200 employees under me and report directly to the owner. They are extremely happy with my work and know I help hold everything together. Since joining the company we have tripled in size and have been extremely successful.
I know my job is secure and the owner loves me, in fact he always states that one day it will be my business (this would not be anytime soon or even in the next 20 years). So why leave right?
I honestly do not like the culture. The owner is extremely dramatic and everything is a "major issue" that must be addressed immediately. He does not act professional, yells a lot, makes people feel like crap, everyone is scared to go to his office, etc. The company pays management great, which is why they stay, but not the employees, thus high turnover. Which makes it extremely difficult for the managers and myself, but the owners are not willing to change. None of upper management would say they love their job. If fact, I would say all of them, including myself, are not even motivated anymore. I feel most people are just there for their paychecks and do what they can to get through the day without making errors. Half of them have asked me how I deal with the owner directly as I report directly to him. For the management team, I am their shield. Some have even stated if I left, they would be gone, or asked if I leave to take them with me.
Literally the only thing keeping me here is the money. The owner has even made comments that he knows he pays me extremely well and that if I was unhappy and found a job paying 75% of what I make, that I would take it. So I continue to get raises every year, and I honestly feel they do this just so they don't lose me. I have looked for other jobs, but anything that I would seem to qualify for would be $150k pay cut. I have a degree in business, but not from an ivy league school, and I do not have my MBA. Thus, it is extremely hard to get in the door for an interview.
I know this might come off as "oh, poor me" which is why it is hard to talk to anyone about it and I decided to come here. My whole life I have done everything I can to work my tail off, get promotions, put myself it the right rooms with the right people, and ultimately make more money. I have been driven by money my whole life and have used it as measure of my success.
My dilemma is, do I just suck it up, deal with the work life, and make the great money? Can you really walk away from a job that pays so well? Wouldn't that be crazy? There was a time where I thought I would do almost anything to make over $100k per year. Why would I ever walk away from a job paying $300k. I have a wife who is a stay at home mom and two kids under 5. I feel like I should just suck it up for them and provide them with a better life. I just wish I had a job where I felt motivated again, to make changes, to be better, and where I looked forward to going to work.
Figured personal finance would be a good sub to post this in as the value of money is highly considered here. However, if you feel I should post this somewhere else, please let me know. Thank you for any insight you might have.
Submitted July 04, 2017 at 02:44PM by fairinthemidnightair http://ift.tt/2sJxzsr