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Job-seekers in finance will take less pay



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Gee, no kidding? As I mentioned recently, I witnessed the same from a friend in the business who took a job for much less than he was making because it paid. Despite what the Citi people inside the administration are telling Obama and crying about in the press, they will gladly take what is there. Someone needs to shut down the PR spin and call their bluff. If they don't like the pay they're more than welcome to leave and create their own company with their own money. Nobody is blocking that door so get going and let's back up the big talk. Today, preferably.

The survey by OneWire.com found 57 percent of people pursuing finance jobs would consider accepting a position that pays less than their most recent position, while 79 percent report a longer-than-anticipated job search.

About four in 10 said they are willing to settle for anything related to their field, double the number of people with minds set on a specific position or title, according to the online poll conducted last month and in early December.

Some job-seekers are souring on the finance profession as a result of the recession. Forty-one percent said they do not believe finance is as desirable a career path as they thought two years ago.


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