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Would you settle for a salary lower than your last drawn or current salary?

The HR of a potential employer asked me if I can come down on my salary expectations.
My last drawn salary is a little over 5000 pounds or approx 7000 USD a month and she wanted me to settle for 20% lower than that.

Would you do that?
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SW-User
In the current climate yes the alternative is you can go on the dole for £70 a week for 6 months then nothing or find another job which i doubt you wont get anywhere near £5000 a month
SW-User
@SW-User hahaha! not a cool suggestion, but thanks for giving it anyway.
SW-User
@SW-User It's not a suggestion it's fact
SW-User
@SW-User Then allow me to enlighten you with some wisdom. I am still offered an opportunity to join my previous organization, Jaguar Land Rover which I sure you must know is owned by an Indian company. The salary offered is exactly as it was and i.e. a little more than $7,000. It quite also depends on the credentials of the candidate. I am a graduate in Mass communication with MBA from one of the IVY league business schools. Evidently, I have not added the car perk because it comes to us beyond the ctc.
SW-User
@SW-User Am i supposed to be impressed ? What part of being in a pandemic dont you understand ? do you seriously think people have money to buy new land rovers ? World wide recession is looming idc what qualifications you have or what money you earn in this current climate no one will be earning that sort of money
SW-User
@SW-User You are not supposed to be impressed because you are not in that position. You are supposed to use basic common sense. What part of English don't you understand? Do you seriously think JLR will give an offer if they don't have the money to pay? Do you even know that the market is slowly opening up and hence there are so many recruiters calling with job opportunities? I would have agreed with you had this been a situation in 2019 or 2020.