Salary for New Hires is on the Decline: What You Need To Know

24/08/2023 23 min
Salary for New Hires is on the Decline: What You Need To Know

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Episode Synopsis

It's no secret that the current economic climate has impacted job seekers, with many industries facing a downturn. Unfortunately, this means that salary offers are going down as well. Companies may be reducing their overall budgets and scaling back incentives such as competitive salaries and sign-on bonuses. This doesn't always mean a lower salary; it could mean that instead of a sign-on bonus, the company may be offering an increased vacation package. While these offers are still beneficial to jobseekers, it's important to understand the full scope of your offer before making a decision. Join us as we discuss this topic and the important aspects to consider!