With how bad the market is for employees, do you think it’s just as bad for employers or do they hold all the cards?

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

This is very much an employer's market. There are a lot of people looking for work, and there aren't that many openings. So the employers have the advantage. They can be selective and they can make lowball offers, knowing that someone who really needs a job will accept it.

like

That sucks! I was hoping there was some negatives their side too.

It's not bad for them at all. They DO hold all the cards. When unemployment is widespread and people are desperate, companies are able to hire cheap. That's why you see all the laughably low salaries on job listings.

like

Yeah I guess I am seeing that more and more, how do we change it)

This is a normal job market

funny

Looks like it!

I think it depends on who you ask. I'm sure employers would say that it's not exceptionally good or bad. But it does seem like they are the ones who hold all the cards right now.

That kinda sucks, makes this bowl all the more valuable though I guess.

They have their pick!

That sucks!

I think employers are holding all of the cards. I wonder how long this will last…feels like it has been a year now with no signs of it shifting

Hopefully it’s starts to shift soon but I’m not seeing any signs currently

Related Posts

I know this is going to differ greatly but wanted to get an informal survey here of what the hours are like in product management. If you are a PM, can you state your level (early, mid, late in career) and average hours per week worked?

like

Current SC with ~3YOE looking for a jump to tech. Just wrapped up interviews with AWS non-tech role slotted at L4. Current base is $115k. Can anyone provide insight into the band for L4 at AWS? I’ve provided the recruiter with my ideal range and am continually reminded to make sure I look at the “full compensation package”. Anticipate receiving offer within coming days. TIA.

like

For those that use NPS scores from their users, do you segment their users based on cohort, eg all users X months post sign up vs all users on a certain date?

like

How much percentage does verizon pay from variable pay usually and at what time of year do they pay it?

like

Folks - What would an Audit senior manager in US migrating to Canada can expect as compensation from a big 4?

like

Interested plz DM with job codes to apply

Post Photo

Hello Minds, Is there any update for the Mindtree Noida office, is it operational now??

like

Hi, just wondering how much maternity leave Janssen and Merk offer? GSK will be offering 18 weeks starting in 2023, wondering how other companies in the area compare. Also curious if there is a minimum amount of time you need to work before the benefits kick in?

like

I love what I do and I have an offer to stay in International Development and be a manager with 86k, focusing on my technical area + lots of travel. But I also have offers from Deloitte and EY to be a GPS consultant at ~100k. Is it worth it to move to D or EY? Have personal financial goals that i need to reach for my family and thats why i started considering EY and D.

like

I’m at 7.5 years of experience and got an offer letter saying 3 weeks of vacation. I’m currently at 5 weeks vacation - are companies typically flexible with this?

like

Hi, there was a spreadsheet with expectations of strategists/planners across various levels going around a while back. If anyone has a copy of it saved, can you comment with it? Thanks in advance!

like

Can someone from EY please refer me for job requisition id :183082

like

Hello,

Anyone with experience in Logistics & SCM, can guide me for future prospect of the field.

like

Currently my location is banglore. I raised location change request to chennai..I informed the same to my Manager..he said there will be less growth in chennai..is it true🙄

like

How can I break into transactional practice from a litigation background?

like

I accept follow requests left & right without following back and without shame. What does this say about me besides that I and, let’s say Beyoncé, are generally very similar?

likeuplifting

How much should i save from my salry for securing post retirement life and all general commitments before that. I'm 30 now. Assume no Inheritance. Current in hand 1.85 lpm

like

I think am not working for the company ... am working for my boss's resume 😂

likefunny

Anyone work at Instrument’s PDX office? Just applied for the Senior Strategist position. Have both UX and Brand experience. What’s it like to work there? Looking to move back to the PNW!

Additional Posts in Salary Negotiations

Hi everybody.
Right now I’m working as a junior product engineer in Amsterdam. From januari on I’ll be a medior product engineer. And now I’m in the middle of negotiating about my salary increase. The salary that I’m being offered feels low (41.5k).
Is there an other product engineer that could tell me if my gut feeling is right or not? Thanks in advance!

I have a friend moving to North Carolina in a few months. Does anyone know what the salary range is for a Commercial Banker job grade 10 at Fifth Third?

like

What jobs are currently paying 85k?

like

What's the best form of compensation to ask for and why?

My employers' CEO just announced that they just received $7 million from investors. He wants to use that money to offer incentives to employees that hussle and drive more revenue for the company. We're not sure what those incentives look like yet, but here are some post-announcement rumors from my co-workers:

Cash bonuses, raises, profit-sharing, company equity, 401k match, etc.

like

I got an offer from Cigna are they typically open to negotiations on hourly pay? 👀👀👀👀 I just need like $3 more/hr… that’s it.

like

Do you still have opportunity to negotiate salary when you’re going thru a recruiter and they tell you the range upfront?

like

If job posting pay was $36.66 hourly (no range) what would be an acceptable offer and counter offer?

like

Hey fishes, recently got an offer of 245k plus a bonus, but no specificity and at least 3% cost of living annual raise. My current job I make 150k plus a 20% bonus and an annual cost of living raise anywhere from 2-3.5%. Have been in my current position about a year. Things have been a bit bumpy (not a me issue) I have a new supervisor and was recently given 7 direct reports (I had zero before). The new position while comes with a significant raise is a move to California. Any thoughts?

like

Got offered 68k after 2 years as a contractor (62.5k) doing project management/business admin in a tech department at a Fortune 500 bank. I have an A.S degree and working on my bachelor’s/masters may 2024. I negotiated to 84k NYC. I have seen interns get offered 38 per hour (79k) for internship positions with a similar role.

Thoughts? Should I go higher? I do my job well that’s why they decided to keep me as a contractor after my internship.

like

I’m currently in the process of being converted from contractor to permanent. In my initial conversations I was under the impression that I was in a different pay grade and asked for a salary 25k higher than the max allotted for my position. I feel like it gave the impression that I don’t know what I’m doing. Any suggestion how I can recover from this?

like

Started a new job a year ago, high performer. My manager suggested a promotion to Product Manager since that‘s the work I’m doing, but that would be a 50% raise. Higher ups decided instead to make a “new role” (not PM), that has no analog in the company and is hard to price via Glassdoor, etc. I feel like this is to limit my promotion salary to something like 10% from where it currently is. Is there anything I can do? FWIW: I have a PhD from top 5 program and am working in that field. Thanks!

likehelpful

Does anyone know comp for an L4 Global Account Rep role (base, equity, bonus). I’m asked to give my expected earnings prior to going into my final round. Any advice would help!

like

Hi , wanted to get some feedback on following position offer in New Jersey area
Senior Manager for pricing startegy
I have 4 and half years of related experience,Masters degree
Base salary offer at 150k, 21% SPI and 10% LTI
How much room I have for negotiation, whats the fair market rate for this level?

like

For expert witnesses/lawyers

I’m a former forensic scientist that left the field several years ago. I recently received a subpoena from a case I worked and suggested to DA to have evidence re-worked by the lab or stipulation. If I am required to testify (as an expert witness), I would need to book a flight, hotel, etc. My question is this: can I ask for my requested hourly rate, travel, and hotel to be covered when speaking with DA or is that “not how this works” as the investigator put it?

like

Annual review coming up. Looking for suggestions for asks…

8 YOE, Current 125 base, TC ~140.

Median base for my title/geo ~170 (mean ~166, 0.75 ~226).

Certs: CIPM, M365 Security Admin/Architect, AWS SOA, AN, & Security.

Vet, Inactive TS.

Highlights of the year: flew out on 12hr notice to evac E Europe-based employees & families, plugged 3 exposures before they became breaches, built TVM/privacy program from scratch, onboarded new CNAPP.

(-) Still a student (GIB: BA/MS expected ‘24)

like

What is the industry standard of salary of a back end developer with 10 year of exp in Canada ?

like

Program Manager Healthcare Foundation $85,000. Worth it? Or too low?

like

BSME ~1yoe what’s an expected pay raise for an annual review was thinking of some percentages and wasn’t sure what’s too low or too high

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