4 ms·
I remember reading an article some time back that students graduating in a recession year start with a lower salary than usual (expected), but that effect persi
by mavelikara 17y ago
I remember reading an article some time back that students graduating in a recession year start with a lower salary than usual (expected), but that effect persists well into their careers (unexpected). I wonder if taking a 50% pay cut now will impair his earning potential for the rest of his career.
- BigZaphod 17y agoIt's possible. Although the people who started and worked at Apple and Microsoft during the recession-era of the 70s have generally managed to do all right... :P
- percept 17y agoCould it be because salary history is used to determine starting pay (in later jobs)? Another possibility is that lower salaries indicate lower starting positions.