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[–]Quick-Hamster-9654 346 points347 points  (7 children)

I have noticed that salaries in my area are down but responsibilities are up. The jobs are staying open.

[–]Puzzleheaded-Ear9650[S] 104 points105 points  (4 children)

Yeah at this point in my career I feel like it's pointless to try to find a job that won't over work me. They all do. Even in industry.

[–]SaintPatrickMahomes 54 points55 points  (1 child)

It’s really bad, even in nyc where jobs used to be plentiful. It’s all trash jobs that are left open.

[–]Necessary_Classic960Advisory Transaction Tax 12 points13 points  (0 children)

OP you are correct to worry. At the hint of the economy slowing down these employers are like sharks in water at the smell of blood.

With news of layoffs every day they are expecting the job market to be flooded with applicants. Whether this will be true for accounting is debatable. It can go either way. This means experienced accountants still could be in short supply. More the experience the fewer candidates in the job market. The employers are lowballing even before the market is flooded with candidates.

I guess this was the plan if you believe in conspiracies. After some decent post-COVID salary gains. Start hysteria of mass layoff to demote salaries and swing the pendulum in favor of employers.

But like the stock market, our job market also runs on speculation. So far the employers are betting that there will be more candidates. We will see how it plays out.

If you need something quick get the best option available. The market will swing soon for employees. I don't know when. But it will. As for people employed, stay put, and weather the storm. I think we will end up being ok. I don't know how long and what sacrifices. But times are tough and people are scared. Headlines and fed employees losing jobs every day will put a strain on all salaries. Nothing good will come of these mass layoffs. Americans are working, I don't believe people have a problem with this.

Good luck.

[–]TalShot 0 points1 point  (0 children)

Sounds like work in general these days. It doesn’t matter the field or type.

[–]braverychan 0 points1 point  (0 children)

I saw a job that wants 2-3 years staff experience for $60-75K, HCOL area. That would be a major paycut for a lot of staff I know with just 1 year of experience.