Anonymous wrote:Terrible idea. Never take less. He will have to fight to get back to where he was and merit will be 3% a year. He might never get there again depending on how deep the pay cut is. Also I’ve never seen anyone do it and Not be bitter about it. At the very least go lateral.
+100%
You have the most negotiating power BEFORE you accept a job. Companies are notorious for making substantial raises (other than cost of living) difficult for current employees, but will hire new people (for the same role) at higher salaries!!!
Negotiate for same salary (or higher salary) or keep looking.