Survey: Most finance-job seekers would consider a pay cut

12/16/2009 | Reuters

Because 79% of job seekers in the finance sector said their search has taken longer than expected, 57% said they would be willing to consider taking a position with lower compensation than their most recent post. The Securities Industry and Financial Markets Association said the industry has lost more than 10% of its employees since the peak in June 2008. Most job seekers surveyed said they expect to find a position within the next six months.

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