Stuck in a well paying job

My professional background includes several internships, a short stint in private equity, and then a move to a well-known international institution. The organization is highly reputable and offers a very decent salary along with attractive perks—such as being tax-free, excellent insurance, and various allowances. In the country where I’m currently based, my compensation is comparable to that of an Associate 1 in finance.

However, despite the financial and reputational advantages, I find myself increasingly frustrated. I’m still relatively young and highly motivated—I genuinely enjoy working. But in my current role, I often only have about 10–15 hours of meaningful work per week. The rest of the time is filled with pointless meetings or sitting idly in my home office.

The work pace is extremely slow, and there’s little to no support from senior management or colleagues when it comes to pushing forward worthwhile initiatives. I consider myself a creative person who seeks meaning and fulfillment in what I do. Unfortunately, this environment feels more like a stagnant bureaucracy—or even a corrupt military dictatorship—where recognition is handed out for superficial accomplishments.

I’ve already started two side projects to channel my energy, but neither has gained much traction yet. Career progression is nearly impossible due to very low turnover, and most days feel stagnant. The only upside is that I can usually finish work early and enjoy my personal time in the evenings. But emotionally, it’s difficult. I sometimes fall into a slump and feel quite down.

What makes this harder is that alternatives would require working twice as much for roughly the same pay—albeit in a more dynamic, fulfilling environment. I consistently receive strong feedback on my work, which is encouraging, but it doesn’t lead to anything more—no promotions, no new challenges.

Having worked in private equity, I’m used to a much faster pace and higher standards of efficiency. What takes my colleagues a week often takes me a day, but that efficiency is neither valued nor rewarded. I’ve even asked for more work, but the available tasks are often so meaningless that I’ve stopped pursuing them altogether.

14 Comments
 

Based on the most helpful WSO content, your situation resonates with many professionals who find themselves in well-paying but unfulfilling roles. Here are some actionable steps and considerations to help you navigate this:

1. Clarify Your Priorities

  • Reflect on what matters most to you: Is it financial stability, meaningful work, career progression, or a balance of these? As highlighted in WSO threads, it's rare to achieve all three simultaneously—interesting work, great pay, and work-life balance often require trade-offs.

2. Leverage Your Free Time

  • Use the extra time you have to build skills or explore opportunities that align with your long-term goals. For example:
    • Pursue certifications or courses relevant to your desired field.
    • Network with professionals in industries or roles you aspire to join.
    • Dedicate focused effort to your side projects to increase their traction.

3. Explore Internal Opportunities

  • If career progression is stagnant in your current role, consider whether there are lateral moves within the organization that could provide more engaging work or exposure to different teams.

4. Evaluate External Options

  • While alternatives may require more hours for similar pay, they could offer the dynamic and fulfilling environment you crave. Consider:
    • Roles in early-stage VC, startups, or growth platforms, as these often provide faster-paced and more meaningful work.
    • Positions in corporate development or strategy, which align with your interest in impactful initiatives.

5. Find Meaning Outside Work

  • As some WSO users suggest, fulfillment doesn’t always have to come from your job. Focus on hobbies, relationships, or personal goals that bring you joy and purpose. This can help mitigate the emotional toll of a stagnant work environment.

6. Plan Your Exit Strategically

  • If you decide to leave, ensure you have a clear plan:
    • Polish your CV and highlight your efficiency, creativity, and ability to deliver results.
    • Research roles that align with your skills and aspirations.
    • Build a financial cushion to ease the transition, especially if the new role involves a pay cut.

7. Patience and Perspective

  • Remember, as one WSO thread emphasizes, career paths are marathons, not sprints. Use this time to position yourself for a role that aligns with your long-term vision, even if it means enduring some short-term dissatisfaction.

Ultimately, the decision to stay or leave hinges on your willingness to trade financial comfort for professional fulfillment. If you’re confident that a more dynamic role will bring you greater satisfaction, it may be worth pursuing despite the challenges.

Sources: Feel like I'm going to be stuck in this job, what do I do?, Who is happy & satisfied with their current role?, Recruiting successfully does not mean happiness, The Path to Least Resistance: Why IB May Not Be What You Really Want, No bonus/payrise despite good year

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Sounds like you're at a development finance bank. I would use the time to network in your industry to create some optionality if you want to move back to a more traditional buyside seat. Focus on your side projects if you think there is real potential. 

 

The question is also whether I should switch job, I build quite a network and a switch back should be possible. And I believe I should do it, as working more with interesting topics is the lesser evil to my current situation. It just sounds stupid to leave a very well paying job with good benefits and a tremendous WLB. It is just that I enjoy working but it is either 70+ hours or 25+ hours at my current job.

 

Take my advice with a huge grain of salt, but I would put even more effort in into my side projects if I were you (assuming that you have a genuine passion for these projects) since you do you’re work extremely fast and high quality. You’re a talented guy with tremendous skill, so don’t give up your projects if they don’t gain traction in the short term. Hell, maybe one of your projects turns into a business, who knows. Whichever way you go, I hope the best for you

 

1st World Problems 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Don’t we all have them? Jokes besides, my exact questions is about being fulfilled to some extent, and not properly working is really putting a hit on me. However, working three times as much for the same salary just seem stupid, so, it is actually a though decision

 

If you're able to work remotely, you should spend all your free time building side businesses or learning new skills (trading stocks, crypto, social media, AI, etc). Otherwise, spend all your time crafting your resume and practicing interview questions to get a new job. 

 

PhantomGhost

If you're able to work remotely, you should spend all your free time building side businesses or learning new skills (trading stocks, crypto, social media, AI, etc). Otherwise, spend all your time crafting your resume and practicing interview questions to get a new job. 

lol why can't he just work the job he was assigned to? Do more things for his current company...

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Because he sounds like the type of person who is too smart for his environment, even if he got a promotion he seems like he'd still easily excel and get bored

 
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