<prompt> Human: Just got off the phone with the boss. She wants to offer me the open Project Manager spot on her team, which is the next step for me as a Project Coordinator of 2.5 years. New role, new responsibilities. Exciting, right? Well apparently, the stupid giant Fortune 500 company I work for only allows a maximum bump in salary for promotions of 10. Below numbers are rough estimates as I am hiding in the office bathroom on mobileRight now, I make 25.34 an hour or roughly 52k a year base. But I get OT automatically if I clock in over 40 hours a week. I regularly work 45 hours or so a week and take home anywhere between 1400 and 1600 a pay period after taxes and benefits. Last year before my bonus, with OT I made something like 59K. The maximum salary I will get with this promotion is 58k, and I will take a pay cut of roughly 1400year assuming I continue working 45 hours a week. Why I am not just immediately saying no is because this new position has a much high salary range, so my merit increases each year will be higher. And my bonus eligibility will go from 5 of my base annual salary to 10. So starting in 2018, I would immediately start generating more income with the higher bonus and raise. BUT. My division is currently set to go out of business effective August 1. We lost a huge contract so the Mother Company is shuttering us and re-absorbing staff into the Hive. Its possible I will be laid off in August if they cant find another position for me elsewhere in the company actively looking for another job now. If they move me somewhere else I would stay in my current job and pay scale. So I may never see that raise or bonus if I get laid off. My pros here are taking home the same paycheck each week makes it easier to budget, promotions look good on resumes, and I would probably stop working past my scheduled hours since I will no longer get paid for it. Cons are obviously the immediate pay cut and the possibility I will never see a large raise or bonus due to IMMINENT DOOM. So, do I take the promotion for potential future earnings despite the pay cut? Or do I stay where I am at, keep working OT and hope I can find a higher paying job when the time comes? What other factors should I consider when making this decision besides current and potential earnings?  <response>: So youre letting a 2 salary reduction stop you from pursuing a job with a much higher salary range, higher bonus possibility, better pay in the long-term, and a better job title?So heres the worst case scenario: you take the promotion and get canned August 1st. Youre essentially paying 700 to change your resume from project coordinator to project manager while looking for a new job.Im having a really hard time seeing any scenario in which it would make sense to decline the promotion. 