I took a demotion and a $7,000-a-month pay cut to help manage my burnout. I have no regrets — here's how I did it.
In 2018, I was the first hire at a real-estate-coaching company after leaving my job as head of public relations for an agency. By March 2020, I'd been promoted from a marketing coach to chief operating officer.
My anxiety seemed to grow each day. I wasn't motivated to do anything except the bare minimum, and I didn't feel the same sense of accomplishment in my work. The weight of this role triggered my chronic anxiety. I was crying about my job at least once a week. The stress carried over into every aspect of my life. I was irritable and distracted with family members and friends and turned down social invites because I had no energy. I knew I needed to make a change.While I disliked my job, I didn't want to walk away from the fantastic team I'd built. I also still believed in the company's mission and felt I had more to offer.
I live in Montreal, where the cost of living is relatively low compared with Toronto or Vancouver, British Columbia. My 1,500-square-foot loft costs me $1,650 a month with utilities and internet, compared with my 550-square-foot Toronto apartment that cost $2,600 a month. Even with a proposed $7,000-a-month cut, I could comfortably cover my living expenses.My proposed cut meant reducing how much income I saved each month by almost half.
I prepared an outline for the conversation in early February. In the meeting, I celebrated my wins, while taking personal accountability for my lack of growth. I also clearly articulated where I felt I could bring value elsewhere and how the demotion would benefit everyone.
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