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Should I quit my toxic job as a new mom with a toxic manager amidst an education sector recession?

Inderpaul

Inderpaul Singh  |23 Answers  |Ask -

Leadership Coach - Answered on Feb 20, 2025

Major Inderpaul Singh (retired) served in the Indian Army for eight years.
In the year 2008, he moved to the corporate sector and worked with Century Plyboards for 14 years, specialising in people management and organisation improvement interventions.
He is currently employed as a partner with Amishrit Terrene Pvt Ltd, an IT solutions start-up located in Mohali, Punjab.
A certified life coach, he also helps students and individuals handle challenges in their personal and professional lives.
He holds a commerce degree from DAV College, Amritsar, and a post-graduate diploma in business administration from Symbiosis, Pune. ... more
Asked by Anonymous - Dec 11, 2024Hindi
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Career

Hi, I am 33 and a new mom. I have been earning 1.9 lakhs in hand per month till now. But I have an extremely toxic manager and there has been a recession in the education sector. Can I take a break and look for some other field? Will my decision affect me severely? I am currently doing PMI and hopefully will sit for the exam by Jan end. Do I have any prospect? Should I continue working in the toxic culture?

Ans: Hello
You have mentioned 'extremely toxic' hence it becomes imperative for you to move out at the earliest.
Ideally it is good to have something in hand but if it is taking longer than taking a break for focused effort towards alternative options is not a bad idea.
But do that with proper planning in terms of direction you wish to take, finances etc. & you will for sure find something meaningful.
Continue to deal with real bad work environment is certainly not advisable.
All the Best!
Major Inderpaul
HR Expert, Career & Relationship Coach
Career

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Milind

Milind Vadjikar  |1048 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 15, 2024

Asked by Anonymous - Oct 15, 2024Hindi
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Money
Hi Milind I am 52 years old single woman, from small town and who has worked hard ro reach to level in corporate with good salary. I have a corpus of about 5 crores and small flat in tier 2 town. I dont enjoy yhis new job wirh reputed brand and at a senior level as i dont find ut engaging or doing justice to role. My parents are old and i worry for rhem ans want to spent rkmw with them. With this corpus can i take a call to leave job and get decent income of atleast 2-2.5 lac a month. I have been quite action oriented, but now my mind and body feel exhasuted and also fear rhat without a job i will become lazy. Also living with parents will be a joy, at the same time resteictive to eating or socializing. I am quite concious ,if i leave this well paying ,senior role job with a big renonwed corporate which many of my friends aspired for and whole lot of people congratulated me ,they will think i was not able to justify my role,hence left . I dont want that impression at last stage of career as whole life i have been seen as hard working ,passionate professional. Such rhoughts are taking toll on my mental health. Please advise what should be done
Ans: Hello;

With the corpus that you have (5 Cr) you may buy an immediate annuity from a life insurance company and can expect to receive monthly payout of 2.5 L (pre tax)from the very next month. 6% annuity rate considered, if you shop around and negotiate you may get a better rate.

You can opt for increasing annuity to account for inflation and return of purchase price to your nominee, after you.

Ensure good health insurance policy to cover yourself and your parents.

Think about some vocation which you would like to pursue passionately after retirement.

You are seeking retirement from regular 9 to 5 job not from pursuit of your passion/goals.

It could be in the role of an consultant, counselor or educator.

You should take the decision which you feel is appropriate for you irrespective of what people comment because they will comment in any case.

Learn to ignore such people.

Happy Retirement!!

..Read more

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