Comments on: reducing salaries in hard times http://www.bripblap.com/reducing-salaries-in-hard-times/ thoughtful personal finance, career and health advice Sun, 05 Feb 2012 07:46:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Salaries In Dubai http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-29987 Salaries In Dubai Thu, 28 Jan 2010 23:19:56 +0000 http://www.bripblap.com/?p=1152#comment-29987 Now that the economy has somewhat recovered from the devastating effects of the financial crisis, it's only fair to give back what they have taken. Otherwise, this will incur the wrath of the employees who have been affected by the salary reduction. Now that the economy has somewhat recovered from the devastating effects of the financial crisis, it's only fair to give back what they have taken. Otherwise, this will incur the wrath of the employees who have been affected by the salary reduction.

]]> By: Curmudgeon http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-29777 Curmudgeon Mon, 23 Mar 2009 07:04:12 +0000 http://www.bripblap.com/?p=1152#comment-29777 I'm not in such a postion, fortunately. I am busier than ever (even in a declining industry - publishing - I will retire before it dies completely), with little chance of a near-term layoff. And I have a large enough cushion to retire today if I had to (under reduced circumstances, granted, as I am still somewhat young). But I would flip burgers at McDonalds (I guess they really don't do that any more) if I had to feed myself and my family, and to Heck with the career implications. What I might earn tomorrow doesn't pay the bills today. I'm not in such a postion, fortunately. I am busier than ever (even in a declining industry – publishing – I will retire before it dies completely), with little chance of a near-term layoff. And I have a large enough cushion to retire today if I had to (under reduced circumstances, granted, as I am still somewhat young). But I would flip burgers at McDonalds (I guess they really don't do that any more) if I had to feed myself and my family, and to Heck with the career implications. What I might earn tomorrow doesn't pay the bills today.

]]> By: Weekend Linkage - March 22, 2009: Visit To The New York Botanical Garden http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27501 Weekend Linkage - March 22, 2009: Visit To The New York Botanical Garden Mon, 23 Mar 2009 02:49:00 +0000 http://www.bripblap.com/?p=1152#comment-27501 [...] Reducing Salaries in Hard Times @ Brip Blap [...] [...] Reducing Salaries in Hard Times @ Brip Blap [...]

»crosslinked«

]]> By: Shadox http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27500 Shadox Mon, 23 Mar 2009 00:12:12 +0000 http://www.bripblap.com/?p=1152#comment-27500 Jobs - like any other product known to man - are subject to the laws of supply and demand. If you are going to insist on charging the same amount for your services when demand has obviously slackened, you are going to be waiting a long time to make a sale, i.e find a job...<br><br>When things pick up again, and they will, supply and demand will work in your favor. The key is to ensure your skills, abilities and positioning are minimally effected by pay compromises. Jobs – like any other product known to man – are subject to the laws of supply and demand. If you are going to insist on charging the same amount for your services when demand has obviously slackened, you are going to be waiting a long time to make a sale, i.e find a job…

When things pick up again, and they will, supply and demand will work in your favor. The key is to ensure your skills, abilities and positioning are minimally effected by pay compromises.

]]> By: Curmudgeon http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27498 Curmudgeon Mon, 23 Mar 2009 00:04:12 +0000 http://www.bripblap.com/?p=1152#comment-27498 I'm not in such a postion, fortunately. I am busier than ever (even in a declining industry - publishing - I will retire before it dies completely), with little chance of a near-term layoff. And I have a large enough cushion to retire today if I had to (under reduced circumstances, granted, as I am still somewhat young). But I would flip burgers at McDonalds (I guess they really don't do that any more) if I had to feed myself and my family, and to Heck with the career implications. What I might earn tomorrow doesn't pay the bills today. I'm not in such a postion, fortunately. I am busier than ever (even in a declining industry – publishing – I will retire before it dies completely), with little chance of a near-term layoff. And I have a large enough cushion to retire today if I had to (under reduced circumstances, granted, as I am still somewhat young). But I would flip burgers at McDonalds (I guess they really don't do that any more) if I had to feed myself and my family, and to Heck with the career implications. What I might earn tomorrow doesn't pay the bills today.

]]> By: Business & Finance Blogs » Blog Archive » Friday Finance Findings for March 20th http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27481 Business & Finance Blogs » Blog Archive » Friday Finance Findings for March 20th Sat, 21 Mar 2009 15:55:29 +0000 http://www.bripblap.com/?p=1152#comment-27481 [...] Reducing Salaries in Hard Times - In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...] [...] Reducing Salaries in Hard Times – In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...]

]]> By: Friday Finance Findings for March 20th | Finance Money Financial News http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27480 Friday Finance Findings for March 20th | Finance Money Financial News Sat, 21 Mar 2009 13:59:41 +0000 http://www.bripblap.com/?p=1152#comment-27480 [...] Reducing Salaries in Hard Times - In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...] [...] Reducing Salaries in Hard Times – In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...]

]]> By: Star Money Articles and Carnivals for the Week of Mar 16 | BYZAS Blog http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27479 Star Money Articles and Carnivals for the Week of Mar 16 | BYZAS Blog Sat, 21 Mar 2009 10:49:38 +0000 http://www.bripblap.com/?p=1152#comment-27479 [...] BripBlap wonders about lower salaries in hard times. [...] [...] BripBlap wonders about lower salaries in hard times. [...]

]]> By: TStrump http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27475 TStrump Fri, 20 Mar 2009 16:05:11 +0000 http://www.bripblap.com/?p=1152#comment-27475 I am a contractor and recently went through this situation.<br />Quite often recruiters try to get you to accept a lower rate because their commission is so high.<br />I recently accepted a lower rate and then found out the previous person, who only last two week, actually charged slightly higher. I also found out the recruiter charged $12K in commissions!<br />Stick to your guns - good people are always in short supply. I am a contractor and recently went through this situation.
Quite often recruiters try to get you to accept a lower rate because their commission is so high.
I recently accepted a lower rate and then found out the previous person, who only last two week, actually charged slightly higher. I also found out the recruiter charged $12K in commissions!
Stick to your guns – good people are always in short supply.

]]> By: Friday Finance Findings for March 20th : Generation X Finance http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27473 Friday Finance Findings for March 20th : Generation X Finance Fri, 20 Mar 2009 12:46:17 +0000 http://www.bripblap.com/?p=1152#comment-27473 [...] Reducing Salaries in Hard Times - In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...] [...] Reducing Salaries in Hard Times – In these hard economic times, many companies are starting to cutback on pay. If you’re looking for work, are you willing to take a pay cut just to have a job at all? These are difficult questions, and Brip Blap goes over some of the things to think about. [...]

]]> By: Dana http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27465 Dana Thu, 19 Mar 2009 20:27:16 +0000 http://www.bripblap.com/?p=1152#comment-27465 It's a tough balance between long-term professional development, and pressing financial obligations. Pride might also factor in there somewhere too. Most people would never want to find themselves in such a situation. And when they do, there are usually few choices. It's a tough balance between long-term professional development, and pressing financial obligations. Pride might also factor in there somewhere too. Most people would never want to find themselves in such a situation. And when they do, there are usually few choices.

]]> By: A PInch of Cheer http://www.bripblap.com/reducing-salaries-in-hard-times/comment-page-1/#comment-27464 A PInch of Cheer Thu, 19 Mar 2009 15:49:14 +0000 http://www.bripblap.com/?p=1152#comment-27464 This is a tough question, and I think it what matter on the circumstances. This is a tough question, and I think it what matter on the circumstances.

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