Salary expectations present a difficult question for job seekers. Gone are the days that you could expect a 10%-20% increase just for changing jobs.
In today's job market that features an over supply of labor, job seekers (especially unemployed candidates) may have to face accepting a lower salary. Other job seekers who want to change careers may find that their current experience & skill level is discounted to lower salary expectations within a new industry or job function.
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On the other hand, job seekers with certain high demand skills may be able to expect salary increases - because there are still selected labor shortages in certain markets. Take nursing, for instance - in certain markets, there is such a shortage of nursing talent that a nurse who is willing to change locations might expect a sizable increase (or a comparable salary in an area with a much lower cost of living).
Either way, whatever your own personal circumstances may be, it's important to know (even for your own financial planning purposes) what your market value is.
( Continued ... Why Your Market Value May Have Declined: )
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