A Trend That May Not Be a Trend: Sinking Salaries

Sep 7, 2023ERE.net
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This article argues that although employers may be claiming that salaries are sinking, the reality is that salaries remain relatively static across the board. While employers could be claiming salary decreases to simplify the resources and logistics required for talent acquisition, the article suggests that the job market has not pivoted to a lower salary trend for job candidates. Instead, the article theorizes that employers may be attempting to shield themselves from potential lawsuits that could arise from offering salaries substantially lower than original offers. The article goes on to encourage job seekers to question potentially suspicious salary offers and to understand market rates for their industry.