tag:blogger.com,1999:blog-5558939360732260529.post8966820493568516080..comments2023-09-29T06:09:21.089-04:00Comments on Ask a Manager: will taking a pay cut now harm my earning potential later?Ask a Managerhttp://www.blogger.com/profile/05281942480230532899noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5558939360732260529.post-62563095916476625562009-10-23T10:53:59.762-04:002009-10-23T10:53:59.762-04:00Not sure why Zig got offended by Anonymous comment...Not sure why Zig got offended by Anonymous comment, which I think totally makes sense. I am also unemployed, and like Anonymous said, it's better to earn something (as long as it's not less than my unemployment check), then waiting for a job that pays as much as my last salary. And once the market picks up, you will have an option to find something better, that pays more.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5558939360732260529.post-75936134504323271792009-10-22T17:50:47.860-04:002009-10-22T17:50:47.860-04:00"A person's paycheck is based on what he ..."A person's paycheck is based on what he can negotiate, not what his expenses are."<br /><br />...That is somewhat an oversimplification, don't you think?<br /><br />You should definitely form what you'd like to make around your expenses. That doesn't mean you should rack up a ton of credit card debit and try to find a job that will help you pay it off, but if you have student loans (I assume most of us do), a house or rent, and all of those other bills that go along with it, why WOULDN'T you factor those in to your desired salary?<br /><br />Anonymous, I assume you have a job right now as you seem quite smug and taking digs at someone NOT having one. In case you haven't been in the job market interviewing lately, you would be surprised how little negotiation is going on. <br /><br />OP's question is one I'm sure a lot of unemployed or underemployed workers are asking themselves. Have a little compassion, sheesh.Zignoreply@blogger.comtag:blogger.com,1999:blog-5558939360732260529.post-5038005238766960092009-10-22T15:18:36.105-04:002009-10-22T15:18:36.105-04:00I will assume that the question came from someone ...I will assume that the question came from someone without a job. In which case, he needs to be thinking about how this job compares to what he is currently making -- a big fat zilch.<br /><br />A person's paycheck is based on what he can negotiate, not what his expenses are. And as times get better, there will be more competition for good employees -- driving up the pay.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5558939360732260529.post-56887291547547357062009-10-22T12:05:24.222-04:002009-10-22T12:05:24.222-04:00It may or may not have an impact, but being aware ...It may or may not have an impact, but being aware of the issue will help prevent future problems.<br /><br />I was naive when I moved from a 20-employee company to a 50,000-employee company and didn't realize until later that big company's offer was literally something like "small-company's salary plus 3%", which was at the bottom of their budgeted range, and that the number is what my title was based on (Analyst III, Sr. Analyst IV, etc.).<br /><br />Fortunately I have a good job now (medium company this time), because even though I learned my lesson from that experience, I don't think I'd have much leverage in this type of economy/job market. Still, it may be better to have something on the resume instead of nothing...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5558939360732260529.post-49555211008639752422009-10-21T21:00:18.016-04:002009-10-21T21:00:18.016-04:00I agree with AAM and will only add that I think it...I agree with AAM and will only add that I think it depends largely on the level of bureaucracy in the company. <br /><br />If you're dealing with a large defense contractor or something, it may be very difficult to get them to overlook taking a lower salary. Other companies won't care at all.Old Fashionedhttps://www.blogger.com/profile/16664335178850311211noreply@blogger.comtag:blogger.com,1999:blog-5558939360732260529.post-36829689492553313572009-10-21T20:19:04.877-04:002009-10-21T20:19:04.877-04:00While I agree with you, AAM - an acquaintance of m...While I agree with you, AAM - an acquaintance of mine in Employee Relations recently revealed that their company does indeed base candidate offers on their previous employment (salary history). <br /><br />It may be even worse depending on your industry, so having a clear idea of shifting market value over time and your own expectations/boundaries is the best defense.UTxNJhttps://www.blogger.com/profile/10183157853931279194noreply@blogger.com