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Would you take a 40% cut from your last salary for an industry role if you were out of job for >6 months ? (Same location)

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Yes if it was a role I really wanted. A bird in hand is worth two in the bush. Be smart.

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I am out of Job since 6 months

No. Market is scorching hot.

Understand your position. It is a tough one. Industry often pays less than consulting unless it is a leveling up role. I do not think you will stay in that job long and only intend to use it as a bridge. The market is opening up a bit but we are still having a lot of people out of job from Covid downsize last year. Depending on your experience, it may make sense to be in a job and continue looking for a better role. It is harder to land the longer you are out. Try to regociate a better deal.

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