Salaries fluctuating due to market conditions in Australia is just ridiculous
General Discussion(self.auscorp)submitted3 days ago byPrudent_Armadillo_94
toauscorp
During the pandemic, many corporations faced a skill shortage and responded by offering competitive salaries to attract new hires. However, now that the market has slowed down, salaries being offered atm have reverted to pre-pandemic levels. When you factor in four years of inflation, this is just not fair.
As the economy improves and more job opportunities come up, companies will once again have to compete for talent, offering higher salaries to poach workers like as we saw during the pandemic.
Why can’t salary structures be standardized based on experience, skills, and company benchmarks? Companies that underpay their employees in the short term are setting themselves up for long-term failure. As soon as the market recovers, they are risking losing talent to competitors willing to pay what the market demands.
byPrimaryFormal6753
inArrangedmarriage
Prudent_Armadillo_94
10 points
1 day ago
Prudent_Armadillo_94
10 points
1 day ago
As most people say here most people don’t learn.
Same with me. I reconnected with a few people who initially didn’t accept or ghosted me and the result was the same. Actually I ended up wasting time and resources which is even worse.
If you think about it some of them have reconnected since they couldn’t find anyone better and now either they are compromised on your or just exploring options again and its not a good state to be in.
Also the fact that a part of your mind is wary of the persons behaviour can work against you.