After you have been a "rental" person for a few years, you develope realtionships that seem to stick.
In a recent round of conversations with a number of fellow contract people I know, we have discovered some interesting things are going on.
Companies are using the current economic situation to lower salaries...even if the company doesn't need to.
I am not saying all comanies are doing this, but a number of them are being advised by contract houses that they can alter the rate of pay without penalty.
In one incident, a fellow engineer negotiated a salary with his company at $60k. It has been eight months and he is now down to just over $30k. In all, I talked to six people, five have had their pay reduced.
The kicker was from another person who I used to work with as an engineer who went into recruiting. He said his boss has suggested to a number companies to drop the rate.
I was shocked to hear of this and thought I might share this with the rest of you who might be switching jobs.
