More than 1 in 3 IT candidates are now willing to accept a 10% salary cut

More than 1 in 3 IT candidates are now willing to accept a 10% salary cut according to a survey carried out by Langley James IT Recruitment.

The results also showed that a survey of all new candidates looking for employment in Jan 2009:

- only 5% had managed to find a new position in late February, leaving the other 95% still job hunting

- 30% of candidates had not yet managed to secure an interview, with the average number of interviews amounting to just one

- More than a third of candidates would be willing to accept up to 10% lower than their expected salary in the current climate, with some candidates even stating that they would take a salary cut of up to 40%.

- 22% of the responses however, found that candidates simply could not lower their salary expectations due to rising living costs.

The full article can be found at: