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Reply to "Anyone else seeing very low salary offers?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just got an interview for a job in program management for a federal contractor that [b]required[/b]: - 15+ years of experience in fed systems integration - MBA - PMP certification - Active secret clearance - SME knowledge in data centers All hard and fast requirements. This would be simultaneously managing 10+ data center equipment installations in the IC world. Okay, so far so good. The salary they had budgeted? $115k. Is anyone else seeing offered salaries ground down to 90s levels? Maybe due to the flood of ex-feds in the marketplace?[/quote] This is a very expensive place to live. High home prices, high rent, etc. New cars cost $50k. Child care can be $1,700+ a month. Kids activities cost a fortune. Food, electricity, mobile phone, student loans. $115k for a mid career professional doesn't cut it. Not by a long shot. [/quote] That’s how deflation starts. Many of the providers of the people who made $200,000 will have to cut their prices or shut down. And we haven’t yet even felt much of the impact of the world hating us. Once that kicks in, many more jobs with $200,000 salaries will go away. [/quote]
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