The pay is too low—or too high
If you take a job knowing the pay is less than market rate, “it can be very detrimental to your long-term earning potential,” says Julie Hochheiser Ilkovich, the career expert on SiriusXM’s “Wake Up! With Taylor” and managing partner of Masthead Media Company. “Earning less now could make it harder for you to catch up to what your peers are making as you advance in your career.”
Raises and bonuses are often given as percentages of base pay, and future jobs may inquire about past wages, so settling is a decision that can affect your earnings for years.
An unusually high salary, meanwhile, can also be a sign of trouble. “Beware of employers offering you obscene amounts of money,” Assaf says. “Overpaying for a position may be an indication of high turnover, which is a sign that something fishy is going on.”
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