
Salary: Let’s talk about it.
Salary expectations used to be something discussed after an interview process but now it’s something most recruiters typically ask within the first conversation. This is to ascertain if the remuneration offered for the role aligns with your expectations and to be respectful of your time.
How is salary determined?
Salary is typically determined by the value of the role, not the cost of living. Most companies will use a range determined for each role according to market value and your salary will fall in that range depending on your experience level. So why does this matter? Well, we have been in a muddy market since the global pandemic hit and things have been operating a little differently. You might have heard phrases like “The Great Resignation” and now, industry experts are saying we are moving into “The Great Rehire.”
What is the standard increase in salary when moving jobs?
An article I read by Lever sums up the Great Rehire as “ the mass hiring of talent that will take place in 2022 and beyond.” The result of this has been a significant increase in companies having to pay premium wages to combat the shortage of experienced workers. According to The Conference Board, ”nearly a third (29%) of workers who left their jobs during the pandemic are making over 30% more in their new roles.” Generally, a standard increase for job moves normally averages between 10-15%, so you can see how some companies are digging deep into their pockets to try and fix their staffing problems.
Is it worth moving jobs just for more money?
The problem with this approach is that it’s not sustainable, and we’re starting to see that now. I have personally seen an influx of candidates that made a move during the pandemic and despite their larger paychecks, are now finding their stability is threatened. Layoffs, wage freezes, and acquisitions; these are some of the triggers for reopening these job hunts. The employment market, much like the housing market, will correct itself and these inflated salaries should start coming back to standard market value.
What to consider when moving jobs
As we embark into 2023, many of you reading this will join a large number of passive job seekers and cast that net to see if there’s anything better out there. Before you do, a few things to consider:
1. Money isn’t all that matters.
We are in an unpredictable market so don’t exclude yourself from good opportunities by inflating your salary requirements when a recruiter asks, “what are your salary expectations?”.
2. Job stability counts.
Having a consistent paycheck that pays the bills, especially under uncertain economic conditions, instead of living in a state of anxiety that each paycheck may be your last.
3. Work/Life Balance.
Flexible working options & paid time off are also super important. If you make more money, but end up working twice as much, are you really making more money?
If your interest does get peaked by a recruiter, do your research and make sure to consider everything about the job, not just the financial aspect.
If you are considering moving jobs…
We’re hiring, and it’s never been a better time to join a world-leading Clinical Research Organisation. Browse available jobs at ICON today, or join our talent community so you never miss an opportunity.
Sign up for post alerts
ICON & You
The potential of together.
Careers that improve the lives of patients, our clients and each other. Are you ready to make a difference?
View jobsRelated jobs at ICON
Salary
Location
Montreal
Department
Clinical Monitoring
Location
Montreal
Remote Working
Home-Based
Business Area
ICON Strategic Solutions
Job Categories
Clinical Monitoring
Job Type
Permanent
Description
ICON plc is a world-leading healthcare intelligence and clinical research organization. We’re proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us
Reference
2025-120415
Expiry date
01/01/0001
Author
Monica HawkinsAuthor
Monica HawkinsSalary
Location
Poland, Warsaw
Location
Sofia
Prague
Dublin
Riga
Warsaw
Lisbon
Belgrade
Bratislava
Remote Working
Home or Office
Business Area
ICON Full Service & Corporate Support
Job Categories
Study Start Up
Job Type
Permanent
Description
Accountable for driving and accelerating the activation of global investigative sites in line with, or ahead of, the study's contractual timelines, within budgeted resources, with quality output, and
Reference
JR132104
Expiry date
01/01/0001
Author
Magda KozuszekAuthor
Magda KozuszekSalary
Location
Bulgaria, Sofia
Location
Sofia
Johannesburg
Remote Working
Home or Office
Business Area
ICON Full Service & Corporate Support
Job Categories
Clinical Data Management
Job Type
Permanent
Description
ICON plc is a world-leading healthcare intelligence and clinical research organization. We’re proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us
Reference
JR131326
Expiry date
01/01/0001
Author
Rikky PethersAuthor
Rikky PethersSalary
Location
Bulgaria, Sofia
Location
Sofia
Warsaw
Remote Working
Office Based
Business Area
ICON Full Service & Corporate Support
Job Categories
Clinical Trial Support
Job Type
Permanent
Description
We are currently seeking a Clinical Trial Administrator to join our diverse and dynamic team. As a Clinical Trial Administrator at ICON, you will play a pivotal role in assisting with the design and a
Reference
JR129638
Expiry date
01/01/0001
Related stories
.png)
Teaser label
IndustryContent type
BlogsPublish date
06/06/2025
Summary
Building Connections that Drive Progress In an industry where collaboration is critical to advancing science and improving patient outcomes, networking is more than a professional courtesy - it’s
.png)
Teaser label
IndustryContent type
BlogsPublish date
05/29/2025
Summary
Blood Cancer Day Blood Cancer Day is a powerful reminder of the millions of individuals and families whose lives are affected by hematological malignancies every year. These diseases are complex,
.png)
Teaser label
IndustryContent type
BlogsPublish date
05/22/2025
Summary
World Schizophrenia Awareness Day 2025 Every year on 24 May, World Schizophrenia Awareness Day offers a vital opportunity to raise awareness, dismantle stigma, and celebrate the strength of individ
Recently viewed jobs
Impactful work. Meaningful careers. Quality rewards.
At ICON, our employees are our greatest strength. That’s why we are committed to empowering you to live your best life, both inside and outside of work. Whether your ambition is lead a global team, become a deep scientific or technical expert, work in-house with our customers or gain experience in a variety of different ICON functions, we will support you in realising your full potential. See all locations Learn more about Our Culture at ICON