I was laid off about a month ago from my job where I was earning $96k annually. Now, I'm trying to figure out what a realistic pay cut would be if I were to accept a new position. I understand that I likely won't find something at my previous salary, but I want to avoid being lowballed. I've seen various opinions from others who have taken pay cuts ranging from 20% to 30%, and while it’s disheartening, many emphasize that having a steady income is crucial, especially in this tough job market. Some suggest that if offers are around $70k to $75k, that might be the new normal. I'm weighing my options carefully, as I want to ensure that whatever job I take allows me to continue my search without overwhelming stress or long hours.
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