I'm currently a contractor, and my company wants to hire me directly. But the salary they're offering is a massive pay cut - 53% less than what I make now! The new benefits don't make up the difference either. I expected about 15% more than their offer. I feel completely undervalued. What's your take? Would you accept a deal like this?

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It’s due to the pay structure as a contractor- probably going through a 3rd party.

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Thanks for sharing

This is a standard tactic used by most companies to low ball a salaried job offer.
I agree that your offer is really bad.

And thanks for sharing

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