Benefits can significantly increase the value of the compensation package. The costs for providing benefits such as health insurance, retirement , training, vacation and personal days, and other perks could be a significant percentage of each employee's salary. Beyond Compensation Compensation is more than just base pay. It is a total package that should address your overall well-being - financial, physical, emotional, even spiritual. As companies compete for talent in tight labor markets, many are rolling out better benefits to attract and retain the best workers. Companies often strive... view article details
'You need to devise a savings strategy that maxmizes your return. What's the best place for your savings? Knowing about the various options can help you build greater wealth for the future.' Money Markets and CDs Personal savings is the base of your financial pyramid. It is the foundation of your family's well-being and it's your starting point to building wealth. Starting a sound savings program isn't difficult, but it takes some thinking, planning, and commitment. Your first savings priority should be to build the money you'll want on hand for immediate and short-term needs. This money c... view article details
Tips for Living within Your Means'It's not like I'm disorganized,' said Michelle E., a 28-year-old paralegal from Aurora, Colorado. 'My friends even joke about my CD collection being alphabetized. Yet my savings account is always empty and I never manage to pay down my credit cards,' she said.Cathy W. is 36, single, and facing a similar dilemma. 'I'm a freelancer in computer graphics based out of San Francisco. I think I make decent money, but there's never any left over. I don't see how I could ever afford my own home - certainly not in this town. I have no investments, never mind retirement ... view article details
Q: I have been an hourly consultant my entire career, and have been recently approached to take a permanent position with one of my part-time clients. We have successfully negotiated and agreed upon vacation, healthcare, training reimbursement, and similar benefits (including ISO stock), but we are still significantly far apart on salary.I am am asking for considerably more than the company is willing to pay, even though my salary expectations are more than commensurate with the industry and my skill set for this nearly executive position.The company says their reasoning is that they are cash-... view article details
The purpose of insurance is to protect people against financial disaster when they are unable to earn a living because of sickness or injury, or to give their dependents some type of income after they die. Whether to purchase insurance is an important financial decision about protecting one's earnings and lifestyle.Many companies pay the entire insurance premium, or pay up to a certain amount of coverage. Some employers require waiting periods, where for example an employee may receive limited benefits for the first year of employment and additional benefits on each anniversary of the start da... view article details
6 Important Notes for Writing a Thank You Email After an Interview As we all know, there are 3 general stages in a job-seeking process, including preparing for applying to the job, performing in person and over the phone interviews, and following up after an interview. In the first stage, we need to analyze the job requirements, collect relevant information on a website, like Salary.com, make an educated decision based on the information you gathered, and decide to apply the job. If you are lucky enough get an interview with recruiters, you need to be professional and flex y... view article details
How to Ensure Efficiency While Employees Work from Home Have a strong organization. In the midst of this global coronavirus pandemic, companies which are fortunate enough to remain open have shifted to a work from home model. While embracing this new, temporary normal, strong management is needed to organize staff and remain productive while in isolation. One method to achieve this is to set up standard daily meetings at a fixed time to check in on your team, define goals, and get a reading on how everyone is coping during this trying time. This allows for communica... view article details
Don't Make Virtual Meetings a Bore You have to hold a meeting, but everyone who should participate is somewhere else. What should you do?Hold the meeting virtually.More than 20 million virtual meetings are held every year. Some 85 percent of projects now include remote team members and that percentage keeps rising. If you plan it right, a virtual meeting will let you accomplish everything you could with an in-person meeting. Here's a guide for doing that.7. Set a Goal As with any other kind of meeting, be clear on what you want to accomplish. Do you want to convey information... view article details
Your performance standards establish the link between the company's objectives and your job description. Your manager will translate corporate objectives into acceptable performance standards for your position given the tasks in the job description. The job description identifies measurable tasks, and the performance standards establish the acceptable levels for each of those tasks.For example, if the job description for a loan officer at a bank says, 'Identifies and assists prospective clients in the loan application process,' the loan officer's performance standards for this task would relat... view article details
Q.I was recently interviewed for a position of senior network analyst in Chicago. My current position is network administrator (MCSE W2K). The position I was offered was network analyst, reporting to a senior network analyst. They offered $69,000. Initially I had said I wanted $70,000, but I countered their offer with $73,000. The hiring manager rejected my counter. Basically they told me, 'Thanks, but no thanks' and took the original offer off the table. Did I make a mistake, and if so, what should I have done to correct it?A. Let me make sure I understand this correctly. You interviewed for ... view article details