02 September 2010 #Employment
Research undertaken by Totaljobs.com has shown that individuals seeking work in the private sector are increassingly more willing to consider taking a lower salary to secure employment.
Totaljobs surveyed 1,600 public sector jobseekers and the research showed that two-thirds of those surveyed would be willing to take a pay cut to be appointed into a role. In April 2010 only one-fifth of those surveyed said they would consider it.
64% of public sector jobseekers stated they would be happy to take a pay cut, with 25% of respondents stating they would take a cut between 4-6% and 15% saying they would take a 10% cut or more.
John Salt, director of Totaljobs.com, explained: "Public sector jobseekers have a high level of transferable skills. However in today`s market, this isn`t enough. Jobseekers need to be flexible to secure that next position and it seems that they finally understand this. Those willing to move with the times will find they will reap the benefits in the long term."