Deal breaker salary
A "deal breaker" salary is a specific amount of money that an individual considers to be the minimum they need to earn in order to accept a job offer. This amount is often based on factors such as their current salary, industry standards, and their personal financial goals.
Here are some common reasons why a salary might be a deal breaker:
- Lack of alignment with industry standards: If the offered salary is significantly lower than what others in the same role and industry are earning, it may be a deal breaker.
- Insufficient compensation for experience and qualifications: If the offered salary doesn't reflect the individual's level of experience, qualifications, and achievements, it may be a deal breaker.
- Unrealistic expectations: If the company is expecting the individual to work long hours or take on excessive responsibilities without a corresponding increase in salary, it may be a deal breaker.
- Financial constraints: If the individual has significant financial obligations, such as student loans, a mortgage, or family responsibilities, a salary that doesn't meet their needs may be a deal breaker.
- Lack of benefits: If the company doesn't offer competitive benefits, such as health insurance, retirement plans, or paid time off, it may be a deal breaker.
Here are some general guidelines on what might be considered a deal breaker salary:
- For entry-level positions: $40,000 - $60,000 per year
- For mid-level positions: $60,000 - $90,000 per year
- For senior-level positions: $90,000 - $120,000 per year
- For executive-level positions: $120,000 - $150,000 per year
Keep in mind that these are general guidelines and may vary depending on factors such as location, industry, and company size. Ultimately, a deal breaker salary is a personal decision that depends on an individual's unique circumstances and priorities.