Is anyone else seeing salaries plummet? I was contacted by a recruiter from a holding company agency for a director position where the lower end of the salary range is less than I’m making now as an AD 😑

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YUP. This has been rampant throughout the industry. People getting lowballed left and right. Biggest indicator we're in a recession, imo.

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Seriously. And housing costs even worse which even if consumer goods came down, I can’t see anyone’s rent decreasing.

I still firmly believe this is fallout from the Silicon Valley bank fiasco. No one realizes how many ‘rich elite’ folks had cash wrapped up in that. 😭😭

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Oh dang. Do you mind sharing what number they gave you

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Thanks for sharing. I have 12 years of experience but only half in ad agency strategy roles. I make $133k

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Also depends on the market and whether it’s remote. Publicis has a preference for folks who can come in 3x a week but I wonder how much the ability to hire across different markets is impacting our salaries. Tom Morton had a piece on LinkedIn about how marketing budgets were declining in favor of investing in the customer experience .. I think that’s also part of it. Maybe there will be a correction with subscription streaming platforms like Netflix having ads..

Pfizer? I’ve heard they’re lowballing people.

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Yes, I am getting ready to put a salary range question, as I too am confused.

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