Many folks tough it out at bad jobs because they need the money to survive and have no other option. Sometimes, the prospect of a highsalarycan also keep a person in a toxic workplace for many years longer than they should be there.
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The man shared that he and his wife are middle-class folks with a son who live a comfortable life but have “always wanted more” for themselves
Image credits:Alexander Mils / Unsplash (not the actual photo)
When his wife decided to put in her two weeks’ notice at her toxic job, they offered her 1000 shares of the company and said that she’d have to stay for five years before she could sell them
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The man estimated the company’s shares would make them a little over a million dollars after five years, so he wanted her to continue working there even though she didn’t want to
The couple have been living a fairly comfortablelifeand managing their expenses with both their salaries. Despite the fact that they have a roof over their heads and can take care of their son, they’ve always aspired to have more. That’s why when his wife decided to quit her job, the OP tried to convince her not to so that they could cash in the company shares five years later.
A lot of folks tend to stay in bad companies even though it affects their mental well-being. Asurveyof more than 5,000 employees found that 83% feel emotionally drained because of their jobs, and 71% find that their workplace has a strong effect on their mental health. The woman also probably felt stressed due to her company’s culture and really wanted to quit as soon as possible.
Her husband expected her to tough it out so that they could be millionaires five years later. It’s definitely not easy to choose between money or peace of mind; that’s whyBored Pandareached out toPeter Duris, the CEO and co-founder ofKickresume, for his opinion.
He told us that “when your job is negatively impacting your mental health, it’s usually better to leave (if possible). I wouldn’t advise spending years in a toxic environment, even if it means missing out on significant income like company shares. In this instance, it sounds like it wouldn’t threaten the couple’s financial stability; they would just miss out on the extra income.”
“It’s quite normal to grit your teeth and get through a difficult few months at a job, but 5 years is an awfully long time that could otherwise be spentlearning, growing, and possibly earning even more money,” Peter explained.
Image credits:Vitaly Gariev / Unsplash (not the actual photo)
Another important thing to consider about the OP’s estimation is that he truly believed his wife’s company shares would be worth over a million after five years. He even mentioned that she could keep gaining shares the more time she stuck it out with the workplace. It’s not that he didn’t care about herwellbeing,but he truly felt like doing this would set them up for life.
Peter explained more about the idea behind workers being offered shares. He said that “companies can offer employees shares through Employee Stock Ownership Plans (ESOPs). These were introduced as a way to provide for employees’ retirement.”
“However, there are some limitations. Employees may not be able to access the shares if they leave the company too early. They may also be taxed more on profits. [On the other hand], offeringemployees sharesallows them to benefit from the company’s success. It can be motivating and make them feel more connected to their work.”
Luckily, advice from netizens helped the man realize that his wife’s well-being was more important than a big payout years later. Although they might not become millionaires so soon, at least they’ll havepeaceof mind.
Many folks were confused about the man’s estimations and felt that instead of pushing his wife to stay at the toxic job, he should be the one to earn more money
Image credits:Jeremy Perkins / Unsplash (not the actual photo)
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