JUMP TO CONTENT

Salary: Let’s talk about it.

Posting date: 21/12/2022
Author: Jamie Kempski

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.

List #1

Related jobs at ICON

Study Start Up Associate II

Salary

Location

Seoul

Department

Study Start Up

Location

Seoul

Remote Working

Office Based

Business Area

ICON Strategic Solutions

Job Categories

Study Start Up

Job Type

Permanent

Description

Study Start Up Associate- South Korea You will play a vital client facing line management role, embedded in our clients business. You will be responsible for the management of day to day clinial trial

Reference

2025-121314

Expiry date

01/01/0001

Sonia Oh

Author

Sonia Oh
Sonia Oh

Author

Sonia Oh
Read more Shortlist Save this role
Senior Auditor, Quality Assurance - Q&C Client Site Audit

Salary

Location

South Africa, Johannesburg

Department

Full Service - Quality Assurance

Location

Sofia

Warsaw

Johannesburg

Remote Working

Office or Home

Business Area

ICON Full Service & Corporate Support

Job Categories

Quality Assurance

Job Type

Permanent

Description

The Senior Auditor for the Q&C team will be responsible for overseeing ICONs client site audit process, including line management of the external site audit team. Role and responsibilities will includ

Reference

JR133594

Expiry date

01/01/0001

Maya Katsarska Read more Shortlist Save this role
Site Activation Lead

Salary

Location

Bulgaria, Sofia

Location

Sofia

Prague

Warsaw

Lisbon

Barcelona

Remote Working

Office or Home

Business Area

ICON Full Service & Corporate Support

Job Categories

Site Activation

Job Type

Permanent

Description

We are currently seeking a Site Activation Lead to join our diverse and dynamic team. As a Site Activation Lead at ICON, you will advance clinical trial start-up activities by understanding client obj

Reference

JR133229

Expiry date

01/01/0001

Magda Kozuszek Read more Shortlist Save this role
Senior Site Specialist - German speaker

Salary

Location

Bulgaria, Sofia

Location

Sofia

Remote Working

Office or Home

Business Area

ICON Full Service & Corporate Support

Job Categories

Study Start Up

Job Type

Permanent

Description

We are currently seeking a Senior Site Specialist to join our diverse and dynamic team. As a Senior Site Specialist at ICON, you will be working within a large-scale, fast-paced environment, supportin

Reference

JR129610

Expiry date

01/01/0001

Magda Kozuszek Read more Shortlist Save this role
View all
List #1

Related stories

female pharmacist selecting medicine
Careers in Pharmacovigilance: Opportunities in Patient Safety and Drug Development

Teaser label

Industry

Content type

Blogs

Publish date

08/25/2025

Summary

Careers in Pharmacovigilance Pharmacovigilance, also known as drug safety, is one of the most important pillars of modern medicine. It ensures that once a medicine is developed, tested, and appro

Teaser label

Learn the skills that open doors to a career in drug safety and development.

Read more
Headshot of female
Leadership in Mexico: Karen Hahn’s Journey at ICON

Teaser label

Our People

Content type

Blogs

Publish date

08/14/2025

Summary

A Leader’s Journey: Karen Hahn on Growth, Culture and the Future of ICON Mexico Karen Hahn’s career at ICON has unfolded over more than 15 years, shaped not by a rigid plan, but by openness to ch

Teaser label

Over 15 years, Karen Hahn has grown alongside ICON Mexico - from a team of 40 in 2010 to over 2,000 today.

Read more
Headshot of female
Building a Career at ICON: Susie's journey from HR Analyst to Senior VP

Teaser label

Inside ICON

Content type

Blogs

Publish date

08/07/2025

Summary

Building a Career at ICON: A Conversation with Susie McEvoy, Senior VP of HR At ICON, career journeys are rarely linear – and Susie McEvoy’s story is a powerful example of that. From joining as a

Teaser label

Discover how Susie built a successful career at ICON, progressing from HR Analyst to Senior Vice President.

Read more
View all
List #1

Recently viewed jobs

View Jobs

Browse popular job categories below or search all jobs above