Pay cut US-London—overthinking it?
Hi. My husband has a job offer in London through his current company. It’s the same “level” so, lateral move but potential for more growth down the road—he’s mostly maxed out where he is.
My main concern is that we will be taking a 30% pay cut, simply based on the pay structure of the UK side of the company. Their pay structures are just more rigid.
We are a family of 5–we would send our kids to state schools. His base pay would be £175k with a 25% bonus and a £9k car allowance. We love to travel and would want to make that a regular part of our lives. This is doable in London, right? We don’t ever come close to spending his current salary (we just aren’t very extravagant), but it is very nice to not really have to think about money. We live in Colorado if that matters.