The labor market has been turned upside down by the coronavirus pandemic. That’s how concessions started to appear. And on both sides.
There are changes on the labor market that few expected before the world faced a coronavirus pandemic. Candidates are starting to make some compromises and are even willing to accept lower positions and lower salaries, just not to stay on the road.
It should be noted, however, that it differs from one field to another.
There are also businesses that are looking to grow. And then it offers an even better salary package to find the people who do their job best, that is, the specialists in the market.
Why lower wages are accepted
A study by the eJobs recruitment platform shows that jobseekers are faced with concessions that, until recently, they would not have even considered. The study conducted among candidates who have tried to get hired since March and so far shows that the main compromise made by those who changed jobs was to accept a lower salary offer than they would normally accept.
34% of respondents say they are committed to a position below their level of experience and training, while almost a quarter said they were unwilling to compromise, even if it means it will take longer until will be engaged.
Of these, most are in the 18-24 and 45+ age groups. Many of the respondents state that they did not even receive a response from the companies to which they applied or even went to the interview. The fact that they have not found enough jobs suitable for their profile or in the city where they live, the too small number of part-time or remote jobs are other obstacles that candidates have encountered this year.
Good news from the pandemic
The good part, though, is that the pandemic has forced many to think about opening their own businesses. 21% mention that, although they lost their old job, they managed to find a job that they like more, 12% say that they took vocational retraining courses and now have more employment options, 8% took the courage to open their own business and just as many decided to go abroad.
However, more than half of the respondents say that the last half of the year has not brought any positive change in their lives, writes Agerpres.
The study was conducted between October 14-26, on a sample of 900 respondents.