3 ms·
They may see themselves changing jobs for higher pay, but what happens if companies are holding tight on salaries? I've been in the market for almost a year no
by joezydeco 8y ago
They may see themselves changing jobs for higher pay, but what happens if companies are holding tight on salaries?
I've been in the market for almost a year now and have had offers, but nothing higher than what I'm currently making. So I stay put.
Where is this magic expectation that job offers instantly come with a salary bump? That may have been true before, but at full employment the indicators have all gone weird.
- sjg007 8y agoWell you have replacement rate wages which a company would use to fill positions they can't do without so the wage has to increase. Then you have expansion based wages where the company wants to grow and seize marketshare. Your best bet is to have some kind of leverage. So multiple offers.
- joezydeco 8y agoUnless you're a new grad multiple offers are a very rare thing. Some companies can get from interview to offer in a week or two, some take months. Everyone is a black box in the meantime. Getting 2 to line up at the same time is extremely hard, if not impossible unless you stretch one of them out way too long or simply lie about the situation.