Is it better to work for a big company or small?

– Resources. Large companies can offer their employees “more,” because they have more resources. For example, large companies generally offer higher salaries and bonuses. They can also kick in more for the employer share of insurance and may be more likely to contribute to other perks.

Is it worth taking a pay cut for a new job?

It may be worth a cut in pay “to gain a new set of skills and experiences that will broaden your skill set,” says Trellis Usher, founder of HR company T.R. Ellis Group. In these situations, it’s usually a longer-term play to take a cut in pay so you can make a significant jump in pay after 18 to 24 months.”

Is the money worth the stress?

Based on a survey of 1,000 LinkedIn members currently employed in the U.S., researchers found that people who earn between $51,000 and $75,000 generally feel the least stressed. Even millionaires will tell you that making more money does not necessarily lead to a happier life and certainly not a stress-free one.

Why do large companies pay higher salaries?

The intuition is that individuals who work for large firms focus on a limited number of tasks, become more efficient and productive, and earn higher wages (e.g., the productivity advantage translates into higher wages through rent sharing).

Should you give a broad range of salary?

If you’re asked to be the first to disclose a salary number, giving a broad range can save you from turning the employer off in the case the salary you asked for is too high. This is even more imperative if you’re not sure what the employer’s budget is for the position. Additionally, giving a range is seen as you being flexible and cooperative.

Is a high salary good or bad for job satisfaction?

A lot of people who have higher salaries can’t get enough of their jobs. Age is another element of the job satisfaction vs. high salary debate. Stereotypically speaking, if you’re younger then you’re more likely to tolerate working more hours for slightly less money (with the hope of career advancement on the cards and general job satisfaction).

What should I do when I ask for a higher salary?

This is similar to what they will be doing when you ask for a higher salary. Realize that insisting on X$ more may move you out of the range of salary they can spend, so you may have to be willing to accept the lower salary. Of course you willingness to do that is dependent on your actual job situation.

Why do employers ask for salary range when applying for jobs?

When there are large numbers of workers seeking employment, employers are often inundated with hundreds of applications for just a few jobs. One way that employers cut through the massive slush pile is by requiring applicants to disclose the salary range they’re seeking.