JOURNAL ARTICLE

How to Make a Career Pivot -- Without Taking a Pay Cut.

  • Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: CLARK, DORIE 3 of 3

Abstract

The article focuses on strategies for making a career pivot without accepting a pay cut, addressing the financial challenges midcareer professionals often face when changing roles or industries. It outlines four key approaches: transferring internally or reinventing one's current job to retain salary and seniority; validating new career interests through research and firsthand experience; engaging in open conversations with close family or friends about potential income changes; and extending the transition timeline by developing new skills and networks part-time before fully switching careers. These strategies aim to help professionals navigate career changes while maintaining financial stability.

Additional Information

  • Source:Harvard Business Review Digital Articles. 2023/02, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2023
  • Accession Number:162488486

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