Title: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: deanwebb on February 25, 2020, 12:03:31 AM
Post by: deanwebb on February 25, 2020, 12:03:31 AM
Should I accept a job offer with a salary cut?
Source: Should I accept a job offer with a salary cut? (http://feedproxy.google.com/~r/AskTheHeadhunter/~3/R8I9uSzTrck/job-offer-salary-cut)
In the February 25, 2020 Ask The Headhunter Newsletter a reader asks whether it’s possible to recover after accepting a job offer with a salary cut. Question I've been unemployed for six weeks. Was earning around $120K. Have been offered a position at $85K and, quite frankly, I need the money. Even more important, I recognize that my self-esteem is too bound up in my career: I need to work for more than just the money. Am seriously considering accepting this lower offer, because I believe these folks cannot afford to pay more. Will my chances of negotiating another position
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Source: Should I accept a job offer with a salary cut? (http://feedproxy.google.com/~r/AskTheHeadhunter/~3/R8I9uSzTrck/job-offer-salary-cut)
Title: Re: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: deanwebb on February 25, 2020, 03:28:34 PM
Post by: deanwebb on February 25, 2020, 03:28:34 PM
^ good discussion starter. If you're desperate, yes, and then immediately start looking for your next, better-paying decision.
This person was out for 6 weeks, and that's really not enough time to get set up with a new job... but you could take this one as a stopgap and dump them without prior notice when going to the new job if you're in a state that's at-will employment. The 2 weeks is a courtesy thing, and do you have to be courteous to a firm that lowballs your value?
This person was out for 6 weeks, and that's really not enough time to get set up with a new job... but you could take this one as a stopgap and dump them without prior notice when going to the new job if you're in a state that's at-will employment. The 2 weeks is a courtesy thing, and do you have to be courteous to a firm that lowballs your value?
Title: Re: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: Nerm on February 25, 2020, 07:59:10 PM
Post by: Nerm on February 25, 2020, 07:59:10 PM
Not sure how I feel about this one. $120k/year down to $85k/year is more than just a pay cut. That is a major lifestyle altering pay cut. A $5k or even $10k pay cut i could see as a stopgap, but a cut of 40% or more is massive.
Title: Re: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: Otanx on February 26, 2020, 09:27:27 AM
Post by: Otanx on February 26, 2020, 09:27:27 AM
Right now he has a 100% pay cut. The saying about being easier to find a job when you already have one is true too. When I left the military it took forever to land a full time job. As soon as I did other companies started reaching out.
-Otanx
-Otanx
Title: Re: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: dlots on February 26, 2020, 10:14:39 AM
Post by: dlots on February 26, 2020, 10:14:39 AM
yeah, right now I don't think I could find a job that pays within $40K of what I make currently in 6 weeks as my skills aren't in huge demand (yet).
Title: Re: ASK THE HEADHUNTER Should I accept a job offer with a salary cut?
Post by: deanwebb on February 26, 2020, 12:54:44 PM
Post by: deanwebb on February 26, 2020, 12:54:44 PM
Agree strongly that it's easier to get a job when you have a job and that a 40% cut is better than a 100% cut. Take the job, but be ready to bolt at a moment, quick sharp!