Unemployed fish: are you lowering your day rate or salary because you’re desperate for work? On the flip side, have you noticed that salaries/rates for open roles are lower than usual? Do you ask for or take the low salary/rate because of the current situation? Do you think those hiring are taking advantage to underpay talent?

likehelpful
Posting as :
works at
You are currently posting as works at

I accepted a rate that’s 30% lower than my usual because unemployment insurance requires that you don’t turn away any offers of employment 😭

like

“Pandemic Pricing” is real. They know that there is barely any freelance so they can do it to us. I have taken it because it’s still a lot higher than unemployment insurance. But it’s less than what I got in my full time job. Also it doesn’t make it right.

like

Yes! I’m getting gouged. 30% or so

likehelpful

most of us still with jobs took a 10%-30% pay cut, so this sounds about right.

likehelpful

sorry, i didn’t mean to say “right” as in it should’ve happened. i meant the same percentage aligned with the cuts.

i’m sorry for all this. i’ll shut up now.

helpful

@CD I’ve seen you or someone else post a very similar response numerous times. And while I agree that freelancers shouldn’t adjust their rate too much, the fact is that staff positions have been “adjusted”. I have recently seen or interviewed for numerous jobs that are at par or even bigger in scope to my past positions, and each one is roughly 30% less $$. I’m looking at positions that literally pay what I made years ago. I know I’m not alone as I’ve spoken to friends in various disciplines and we are all seeing this. i’m not sure if the people who are employed who had to do a Covid salary cut will see their salaries return to where they were (even if they were billed as temporary) but the new hires will be dealing with this for awhile, I’m sure

likesmart

Saatchi notoriously overpaid. That’s why we all stayed despite working in Torrance on digital Toyota commercials. Money doesn’t equal happiness! Despite a significant pay cut you’ll probably find yourself more fulfilled. If you’re passionate about the project take it, it will probably lead to more $$ down the road.

likehelpful

Please stop reducing your rates with heavy discounting. Agencies are taking advantage of you. Getting back to your typical rates will nearly be impossible.

You have to pay self employments taxes, health insurance, put money away for IRAs on your own since companies are too cheap to give you benefits.

Have you asked your nanny, your doctor, your tax advisor, your grocery store, your hair stylist, your landlord, your student loan administrator, your gas station to discount their prices?

Please stop as hard as it may be. Heavy discounting hurts us all, especially career freelancers. Especially in today’s times, we need to stick together and end this race to the bottom rate race. It’s not sustainable and the only winners are the agency shareholders. Know the value that you bring and your worth.

like

Related Posts

I have an informational interview with a Managing Director on Friday about a manager role. I currently serve in a client services role and do not have traditional consulting experience (billable hours, etc.). Additionally, while I’ve worked with McKinsey, Accenture, McKesson, and other teams on major projects, I don’t have experience putting together the strategy, more of a support function. Feeling a tad intimidated! Any tips would be so very appreciated!

like

Would you take an undefined role at a company to help get their accounting department in line? They are specifically looking for someone who doesn’t know what they want to do and wants to learn. Cont.

like

Posted in a different bowl but no one from tax responded. How long did it take you and what level did you reach milestone base salaries ($100k, $150k, $200k)?

like

I've worked with Huron folks as an Administrative Fellow and the firm seemed pretty cool. Anyone here from Huron able to chat about a possible referral?

like

I have a trinity offer for 25% more total comp than ZS. @trinity folks- how do you like the company? Should I make the switch?

like

Anyone in A&M’s Healthcare Industry Group willing to chat? I have a few questions around work, culture, and compensation.

likehelpful

Anyone here know anything about reference point? Culture, pay, etc?

What are good, feasible exit opps from federal consulting at IBM? 2 years of exp

Hi
I am a senior graphic designer
Work experience - 8years
How much salary should I be getting?

like

Hello Fishes, I have a Job offer from Cisco and Verizon(VDSI).

Cisco CTC - 16.2LPA , Fixed - 15.1LPA - Cisco TAC role.

Verizon data services llc - CTC 18LPA , Fixed - 16.1LPA

YOE - 6.5 Years
CCTC - 7.2 LPA
Tech - Networking and Security

Conflicted between both as I believe Cisco has a better brand value and great company to work for. But the offer from Verizon is competitive.

Is it a good idea to renegotiate with Cisco based on current offer from Verizon. Please share your thoughts.

What's the average salary of an Engr II - Software Development with 2.5 YOE (lateral)? I know I'm being paid good but I just want to know if there are better packages being offered.

like

VC community - a recruiter (from an external agency) reached out to me in regards to a strategy position in the VC firm’s local office but I feel tremendously under-qualified as someone with less than a year of consulting experience. Do I have a chance to interview? How might I best demonstrate interest and competency?

like

Looking for a Marketing Specialist for a full-time direct hire opportunity with a large global electronics brand. Working with loyalty/rewards team.

-3-5 years of experience in digital marketing/advertising.
-Knowledge of CMS, CRM, AEM software.
-This is a hybrid role (2-3 days a week).
-Office is located in Paramus, NJ. DM me for details. Onward Search

like

What is the perception of a McKinsey solution role that is a CSP? Can I exit to tech? Would the role be better than the T2 role I have now?

like

I have 2 years of experience in Financial Services External Audit. However am currently looking for exit opportunities, any suggestions?

like

Currently in MBA program - top 40 school. Hoping to apply the mba intern position at google. What are my chances? Wanting to break into data analytics or PM roles. Accounting background with beginner SQl, tableau, python experience ( pls be critical)

like

Hi ,
Got 12.25 LPA offer from hashedin by Deloitte.
Fixed 10.5L, performance variable bonus 1.75L ,
How much in hand salary I would get any idea?

What is Triage Support Engineer in Salesforce.

What is the nature of work and expected Salary?

Please let me know its urgent

Need referral in kpmg for one of the open position. I will DM the details. Please let me know...

like

What exit opportunities are available for a financials implementation specialist with about a year and half of experience? I’ve decided that I no longer want to work in Oracle for a variety of reasons, but mostly the lack of good training options while still expecting me to get certifications are really driving me to find something else.

like

More Posts

Resigned from my job for blatant racism last week. Been a contingent worker for 6 months. The manager that recruited me unfortunately left after a couple weeks and went to another company. She however recommended me for the permanent opportunity to higher management. The acting manager came in, permanent role was posted, I applied, interviewed……manager told me they chose someone else external for the role. I could sense the manager had no intentions to hire me permanently

like

Kind souls who successfully exited to Google,

Would you be kind enough to refer me to a role at Google!
Came across a role that's a good fit. Would ideally like to target it through a referral and not by applying through the career site.

Would also love to maybe take you for a meal or alike to thank you for it :) Google

Worried about potential recession and layoffs...

like

Have you been laid-off, furloughed, or fired yet? And how were you told this? Do you know anyone, personally, who was laid off?

like

Do citi pune provide Diwali gifts?

like

Considering obtaining a CFE certification. Can anyone share their experience vs experience obtaining CPA? I’m already a CPA. I just want a comparison of study time requirement and difficulty of exam.

like

Ahhhh law school

Post Photo
likefunny

Did anyone else get a ridiculous rent increase this year?

like

This is for Amex folks.
How good is Program management role as compared to Product owner role? I have an opportunity to pick either of the two. Your thoughts?
a. In terms of growth in Amex ? (Currently I’m Band 30, asst manager )
b. In terms of exit opportunities down the line

like

Is optum calling employees back to office? Junior level in gurgaon

like

Hey fishes,

I got an offer from a company below is the compensation layout. Can you all tell me what will be the in-hand salary per month, will it be 49k?
I can see that EPF for employer is also deducted from my salary so this is not correct based on the EPF Act, is there some other thing which is not correct in the given Annexure?

Thank you!

Post Photo
like

Any luck for US CPA in Canada?

like

Hi folks, I noticed Mastercard is actively hiring for Analytics role. Really appreciate if someone can refer me for that role? Thanks!

like

What is a non offensive salary base to ask for when working in Point of Sale sales? What’s the trend like? I’m in Houston Texas

like

Mid-senior level transactional folks: how do you originate deals? The only deals I originate come from when one of my corporate clients randomly decides to sell a business. There has to be another way to land more deals, right?

like

Senior Manager, specialty tax practices in NYC: what was your base salary and bonus for the first year? Please also mention your firm.

like

How much do people make on average in VC after 2-3 years out of undergrad in MBB/IB?

like

Sometimes when I make a mistake at work I feel like I am not good enough for the job while other times I take it as “let’s do better next time.” Would love to find a balance between the two feelings.

like

Any ID attorneys get their CPCU? Trying to make myself more marketable as claims counsel or in-house for a carrier (not doing ID).

like

Additional Posts in Advertising

A little humor sprinkled in a resume. Yay? Nay?

like

Is it really that hard for managers to book their own conference rooms and send out invites? The time it takes to ask one to do it could it not have just been done by themselves?

likefunny

Any notable examples of agencies taking a chance on relatively young talent propelling them into exec-level or C-suite roles and it working out?

*Genuinely curious, so no need to call out those who have been unqualified, etc :)

like

Looking for cost-friendly computer speaker recommendations, preferably not bulky. My laptop and monitor audio is absolutely terrible!

like

I like everything about my agency except my partner. Do I leave if they don’t have the budget to get me a new one?

like

Dogs in offices are cool, but who's offering some comfy siesta benefits? 😴💤

likesmart

The Ask a Recruiter bowl is ghosting already.

likefunnyuplifting

Do agencies rent spaces out in places like WeWork to give teams some autonomy away from the office?

like

New State Farm commercial- who is covering "Don't forget about me"? I can't find it anywhere.

like

Has anyone received a job offer after being initially ghosted by recruiter? How long did you not hear from them? Feeling down after not hearing anything for 2 weeks after a round of seemingly promising interviews.

like

Most beautiful places to escape within three hours' driving of NYC? Forests, lakes, ocean, camping.

like

Which agencies are going through layoffs

like

Audi ad is MVP so far

like

Adoptable dogs on beer cans: copy or coincidence?

Motorworks Brewing in Florida did this years ago, and now Uncommon just did the exact same thing for Brewdog beer.

Straight up plagiarism imo. Literally search "adoptable dog on beer can" and the Motorworks stuff comes up, so not googling the idea beforehand is not an excuse.

like

Thoughts about Digitas Health?

like

I was just let go from a contract position 2 months early due to client reorgs (Covid). Was filed as a W2 but on a 6 month contract. Would I still qualify for unemployment? Pre Covid I wouldn’t but with the continued Pandemic Assistance plan, I think I might. Does anyone here have experience with this?

like

How long can you go without having anything to do before you get laid off?

like

Been asked to present my current client’s plan and PCA in second interview for a role. Am I being over cautious by not feeling comfortable with this?

like

I’m currently interviewing for an AS role which would be a bit of a pay cut, but I’ll get to learn a lot so I’m interested. Any tips on how to approach the negotiation convo if/when that comes, besides asking to at least meet me halfway re:salary? They already provide unlimited PTO and free health benefits(which is nice).

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal