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Permalink Reply by Heather Clarke on January 14, 2011 at 12:01pm

Hi Edward

 

I was taught that rule of thumb 16 years ago as a tool to manage candidates expectations though don't know its source.  I still advise aspirational applicants that salaries are normally reflective of skills and experience and that purely by moving role they can't expect more than a 10-15% rise in remuneration.  There are always exceptions to rules though!  I measure salaries with £ rather than $ so its interesting we both have the same folk law. 

 

Heather

 

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