Keep Salary Demands Where They Should Be
by Beth Colley - May, 2009
Just because the job market is a bit tight right now, it’s important to keep your salary demands where they should be once you start negotiating the offer. Employers who are hiring, need to hire good people. It’s important to remember, that employers know what they can pay, and they wouldn’t be talking to you if they didn’t know what you were worth. Don’t low ball yourself, just because you think that they company can’t pay...
Performance Reviews in a Down Economy
by Joe Turner - Jan, 2009
If you're expecting a performance review soon, understand that there's no place to hide nowadays. Over the years, the corporate performance review has been seen as the ticket to our annual raise or quarterly bonus. Perhaps so much that it's become almost automatic in our thinking. This will be a big mistake in the 2009 recession and continued economic downturn. This obsolete way of thinking will certainly net you less in...
Going Back to Work When Companies are Downsizing
by Marcia Robinson - Jan, 2009
Over the last few months job seekers have increasingly shared their concern that more layoffs have increased competition in the job market. With more qualified workers in the market for jobs, some career reentry professionals are concerned that the more qualified competition will make it harder for them to find work. It is a scary time for workers who are considering career reentry. My advice for career reentry professional...
Back to Basics
by Kimberly Schneiderman - Dec, 2008
In this time of corporate upheaval, economic downturn, and general uneasiness, many job seekers rush to get resumes out and to set up interviews. In this rush, simple details that can make a candidate stand out among their peers are often left by the wayside. Today, we’ll review these job search basics and define why adhering to these ideas will help you get the attention you want from recruiters! Make Connecting Easy Us...
Why You Should Keep Contributing to Your 401(k)
by Douglas Bolter - Dec, 2008
A down market is no time to pull your money out or cut contributions. With the way the market is behaving, you may be tempted to pull money out of your 401(k) right now or greatly reduce your contributions. If you’re considering such a move, please reconsider it. Don’t stop saving for retirement. Even if you think you’re wealthy enough to forego putting money in your 401(k), you may end up seriously shortchanging your re...
by Marshall Brown - Nov, 2008
Q: I am starting to interview for a new job and haven’t negotiated for a salary in a long time. Any suggestions are appreciated. A: Here are a few key tips which I recommend to my clients. Good luck in your negotiations and your new job! 1. Do your homework. Do research on the salary so you know what you expect for the position you are seeking. Use resources like ASAE’s Compensation and Benefits Report, other associati...
Myopia on Wall Street and Congress - And The CEO Compensation Pay Puzzle
by Eva Jenkins - Oct, 2008
Million-dollar compensation packages for financial CEO’s with poor performance records that will be paid due to loopholes in the Congressional bailout of Wall Street are a waste of money and human capital. CEO’s who are walking away from the Wall Street meltdown are being rewarded with million-dollar compensation packages while the American taxpayer shoulders the financial responsibility of protecting companies, workers, an...
by Beth Gilfeather - Sep, 2008
A discussion about salary is no minor detail! It not only has a direct effect on the level of offer made, it can literally make or break a person's candidacy with a company. There are some definite rules to salary negotiation that every candidate should know. So keep the following ten commandments in mind during the interview process and also follow my detailed advice in a prior post on what to say when posed with a salary que...
Is it Time to Consider Adapting Skill-Based Pay?
by Joe Giordano - Sep, 2008
Skill-based pay is an alternative to the traditional employee performance appraisal system that rewards employees with an increase in pay rate as they demonstrate the acquisition of knowledge, skills, and expertise. It allows companies to establish a direct link between employee compensation and work related skills. The basic concept of skill-based pay is the identification of predefined sets of skills, knowledge, tasks, an...
Show Me the Money!
by Barbara Safani - Aug, 2008
Do you want to negotiate a salary increase this year but are unsure of how you would justify it? Here are some strategies you can implement now to build a strong case for the raise you want in the future. Document your accomplishments regularly throughout the year Keep track of all the projects you manage. Upon completion of each assignment, write a note to yourself detailing your contribution and how your efforts helped t...
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