I recently learned that a company I interviewed with for a Finance Manager role hired a candidate who requested 44% below the posted salary range. If this trend continues, it feels like compensation will be awarded not based on qualifications or value, but on who is willing to accept the least.

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Until we can stand up for what we are worth, I believe this trend will continue. It is hard to judge others though when they must have been desperate for that much reduction in salary.

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Wow, how were you able to find that out? I keep saying this is a company's job market. They know they can make a lowball offer and somebody will take it. So many of us are just desperate to find a job right now.

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Covid really did mental damage to folks both socially and in regards to the job market. In my 20 years of working, that’s the only period of time where practically all labor was valuable beyond recent comps.

Oh, you’re not wrong. That’s exactly what’s going to happen. Jobs are going to go to the lowest bidder. As someone who has to compete for clients, this has been happened to me for years. But it’s only going to get worse as the economy gets worse and AI takes over.

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100% agreed. It’s a scary trend

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