3/4/2010 6:52:08 AM
Don't worry. Minimum wage is likely to catch up quicker than the economy, so at least everyone will have that to look forward to.
3/4/2010 7:15:48 AM
both my wife and i are making more than we were before the recession - do people other than the gov't still use vb6?
3/4/2010 7:38:41 AM
Most jobs I've been looking at are claiming to pay 5-10k less than what I'm making currently
3/4/2010 7:49:05 AM
Supply is highTherefore the cost is driven downIs that so hard to understand?
3/4/2010 8:06:21 AM
amen bro. bought to take a $10/hr job. sigh. will look for a part time job also that will pay I would imagine $8-$10 too.Of course I cannot wait for another job. I don't have enough saved. Its my fault. Sheesh a mid 20s guy saying his situation is his fault, on t-dub??
3/4/2010 8:13:30 AM
I got a significant promotion recently.It came with a significant (net) pay cut.Supposedly, this will be addressed in the next quarter. However, I have this sinking feeling that I'm going to be screwed badly.
3/4/2010 8:23:17 AM
I recently got a promotion and a $15k raise.Some industries are recession proof.But my GF on the other hand was unemployed for almost a year. Finally got a job with double the responsibility of her last job with half the pay. So I feel your pain.[Edited on March 4, 2010 at 11:15 AM. Reason : a]
3/4/2010 11:14:19 AM
craigslist is full of undervalued payment offers. don't read too much into that. unless you're desperate, just ignore the low offers from recruiters too.
3/4/2010 11:22:50 AM
I got a 20% raise this year. I started off at 33k, now im at almost 40k. I think you have to take a bad job offer and hope for the best sometimes.
3/4/2010 11:28:58 AM
^^ yeah, the staffing industry is REALLY hurting right now. Mainly because companies are cutting back on spending, and it is way cheaper for them to hire someone themselves rather than go through a staffing agency. So any offer you get from a staffing agency or outside recruiter is almost guarnateed to be a lowball in the current state of our economy.
3/4/2010 11:31:29 AM
My company has had a salary freeze in place for over a year, despite our branch office exceeding its goals every quarter to date. Not even cost of living increase adjustments.Really sucks
3/4/2010 11:32:37 AM
GOOD newsI got the joband the $10/hr is only training pay. Phew. Realistically more like $16/hr which will be fine for a while.
3/4/2010 11:43:42 AM
We're commission, so its still kill what you eatBut I've done much better since the economy tankedWhich is ironic considering that people tend to be more conservative with their investments in times of trouble
3/4/2010 11:43:58 AM
I too have been fortunate enough to improve my income substantially in the recession.Whats funny, in relation to the OP, is that I'm now at 40+ an hour, and I am now going to have to learn some VB
3/4/2010 11:56:02 AM
worldwide our cost of living increases were frozen last year. Kind of got lucky that I got a title change/upgrade last year because, although I was hoping to get the bump from both, one was better than none. COL increases were reinstated this year effective next paycheck though
3/4/2010 12:04:41 PM
In the past year and a half I have gone from getting a 7% 'deferred pay' for almost a year, to going back up to my normal salary + the 7% back pay + an additional 5.5% raise.I guess good things happen when the start up you work for gets acquired by a much larger company.[Edited on March 4, 2010 at 12:09 PM. Reason : .]
3/4/2010 12:08:30 PM
I'm a teacher. The only raise i will get in the foreseeable future will be due to the completion of my masters.
3/4/2010 12:43:59 PM
I, too, received a substantial increase in salary, improved work environment, better benefits, and better job during the worst recession since the great depression. Sometimes individual effort pays off despite a general downswing.
3/4/2010 1:28:47 PM
^
3/4/2010 1:37:52 PM
oh forgot all about the benefits...definitely improved benefits as well.
3/4/2010 1:49:28 PM
I ended up with about an 8% bump in salary after being unemployed for 6 months.
3/4/2010 1:51:47 PM
i got a promotion and a 25% salary increase.
3/4/2010 2:04:01 PM
3/4/2010 3:03:46 PM
I wouldn't go that far, I do know some good people unemployed currently and I might still be if I didn't have good connections.
3/4/2010 3:09:30 PM
Just ask yourself, "Do you want fries with that?"
3/4/2010 3:48:56 PM
Well I got no raise this year for the first time since I have been here, but seeing as my salary doubled in the first 3 years I guess I cant complain too much. The fact that I have a job making a fair amount right now keeps me happy and feeling lucky.
3/4/2010 3:58:35 PM
my company had a 33% staff reduction and everyone left took a 5% paycut across the board last year. we've actually had a pretty strong 2010 (as compared to 2009, at least) but our sales are still down ~35% compared to "normal". in our first quarter meeting yesterday they basically said they aren't considering re-instating the 5% until they have confirmed evidence of sustained increased sales. so...paycut and no raises for at least another year i'm guessing.[Edited on March 4, 2010 at 6:19 PM. Reason : .]
3/4/2010 6:18:35 PM
^where do you work? I'm staying the hell out of there
3/4/2010 6:42:37 PM
I start my new job on Tuesday with a $4k/ year increase and better benefits. Sometimes it's better to listen to your own voice than anyone elses.
3/4/2010 6:53:36 PM
The funding dried up for the position I was in the first half of last year, and the job I took to replace it was a ~11% pay cut. (This was after taking a 1.5% pay cut along with all state employees in March). And that was the better of two offers.
3/4/2010 7:01:39 PM
yeah right now im considering taking far less than i used to earn just to get back to work
3/4/2010 11:40:06 PM
3/4/2010 11:43:36 PM
guess it depends on what relation you are to pharma Pharma / Biotech expansion slowed down to a grinding halt over the past two years. I work in Eng./Construction and that was our office's biggest money-maker for years and then it literally just went completely flat. Luckily we've had a lot of other stuff that has up-ticked during the recession (esp government work )[Edited on March 5, 2010 at 8:02 AM. Reason : ]
3/5/2010 7:45:13 AM
is pharma obama proof?
3/5/2010 9:27:22 AM
pharma is not in the black if that is what you are referring to
3/5/2010 9:58:13 AM
despite this recession that is basically crippling peoples' lives, I got a 1200% raise, a 50% COL adjustment and a 120% bonus to top it. I didn't feel gratified enough so I came to this thread to brag about it
3/5/2010 10:00:09 AM
^what's your address?
3/5/2010 10:17:48 AM
I got a nice promotion last fall that included a small raise in my salary. Best part was that I got put on our bonus system which made it a big raise in my take home pay. New job is more stressful, but I am just glad to be working and making a good living.
3/5/2010 10:40:16 AM
First World Problems.
3/5/2010 2:30:13 PM
I realize this thread is about salaries in the recession ....which I have no expertise in. Hear me out, maybe I can offer some insight.
3/5/2010 3:04:43 PM
God has spoken
3/5/2010 4:13:45 PM
3/5/2010 6:39:32 PM
3/5/2010 6:58:06 PM
^^ Yea I was talking in general as far as the type, but I am coming from the engineering/construction side. What I meant by the perspective is that, while you may be doing fine on the production and sales side, the expansion went from firing on all cylinders to barely there. Any type of pharma or biotech plant or client, you name it and we've built at least 1 probably. But it has been realllllllly slow the last 2 years in general. The economy didn't help and then a lot of the consolidation and X company buying Y company hurt too. Of the few that have come our way for bids, we have lost a lot at the bidding phase because we are generally just more expensive (but for good reason) and our competitors (who might not be as diversified) are just starving for work and bidding super low.[Edited on March 7, 2010 at 12:12 AM. Reason : ]
3/7/2010 12:11:23 AM
ugh don't remind me i have to graduate within a year and this is not fun to look forward to
3/7/2010 1:55:19 PM
3/7/2010 1:59:35 PM
Is a 50k position as an entry level mech. engineer a decent salary for Raleigh? I was just offered a position for that.Internet salary searches are....spotty.
3/7/2010 3:32:45 PM
yes, take it
3/7/2010 3:37:07 PM
weeeeeeeeeee
3/7/2010 3:44:47 PM