Cash compensation comes in two forms: base salary and variable pay. As the term implies, cash is any type of compensation paid in the form of a bank check or direct deposit into your bank account. But what does cash compensation for doing your job really mean? Base Salary Base salary is a cash payment from the employer in exchange for your performance of your job. For most role, base salary makes-up the largest proportion, about 85% on average, of an employee’s total cash compensation. Base salary represents a fixed cost to the company, and the total cost of all employee’s base salaries are of... view article details

Cash compensation comes in two forms: base salary and variable pay. As the term implies, cash is any type of compensation paid in the form of a bank check or direct deposit into your bank account. But what does cash compensation for doing your job really mean? Base Salary Base salary is a cash payment from the employer in exchange for your performance of your job. For most role, base salary makes-up the largest proportion, about 85% on average, of an employee’s total cash compensation. Base salary represents a fixed cost to the company, and the total cost of all employee’s base salaries are of... view article details

Q. I had five years of experience as financial accountant in private industry in the United States before moving to Hong Kong last year. My annual earnings as a manager were US$43,000. The staff accountant job I hold in Hong Kong equates to US$28,000. Besides the job title, the salary difference is also because of the different living standard, tax rates, and salary trends between the United States and Hong Kong. After taking these considerations into account, I estimate my salary in Hong Kong to be equal to US$40K.Now I am returning to the United States and my low salary looks awkward on my r... view article details

Q. I have accepted a job at a salary that is far less than I was making earlier as a contractor for the same company. I talked to the human resources department, and they are not ready to increase the salary yet. I was thinking of talking to the manager on the first day of work regarding the salary. What do you advise?A. It is never a good practice to accept a position, then ask for an increase in your salary the first week on the job. The best time to negotiate a competitive salary is before you accept your job, when both you and the employer are trying to establish a relationship. You accept... view article details

10 jobs for people with little to no experience If you are just graduating from university or changing career tracks, you may have difficulty in finding a job. Most companies prefer hiring experienced staff instead of beginners. Don’t worry. It is possible to find a job even without any experience. Here are 10 options to help you to get a start. You may find that many of them are quite interesting and beneficial for your career prospects. Administrative/Office Jobs 1. Sales Representative If you are confident in your social and communication skills... view article details

Most people think of games as fun entertainment. But searching for a job and getting hired is a game too, and it's one that many people have been playing for far too long in these tough economic times. And one of the big problems is many of the people playing don't know the rules.So says Skip Freeman, author of Headhunter Hiring Secrets: The Rules of the Hiring Game Have Changed...Forever, who is this week's Salary Talk guest. As a professional headhunter himself and president of an executive search firm, Freeman tells Aaron and Wendy the stunning truth: that many people don't know what they'r... view article details

Q. How do I go about requesting a 'fair' base salary when the company knows I'm happy with my overall compensation?I receive a salary of $36,000 in my position as a branch sales manager. My total compensation in 2000 exceeded $62,000, thanks to the bonus plan, and I'm quite satisfied with this amount.The problem is my base salary. My position pays between $35,000 and $55,000. Although I have only been the branch manager for one year, I believe my talent and results should be reflected in an above-average salary. I expect a salary increase this April, but 3 to 5 percent won't get me to $45,000 ... view article details

Good news for this year’s crop of college graduates! Job Outlook 2008, an annual survey of college recruiters, reports that employers plan to hire 16 percent more new college graduates than they did last year. Reasons for this expanded recruitment effort include an increased demand for many employers’ products and services and a high number of current employees who are retiring or near retirement age. According to the Association of Colleges and Employers (NACE) Salary Survey says that the overall average starting salary offer to new college graduates, despite a less-than-robust eco... view article details

Let’s face it. People get to a point in their careers when they want to see more dollar signs. If your chosen profession isn’t paying as handsomely as you’d like, it might be time to consider a career change. This kind of professional shift typically means going back to school, but the return on investment may be worth your time. Based on Salary.com data, we've provided 10 jobs that tend to pay out over $75,000. We’ve also included job descriptions for each one so you can start to evaluate whether a career change may be right for you. 1) Web Software Developer: $78,653 A Web Software Develop... view article details

Job description Engineers research and develop solutions to technical needs in society. They design products, materials, machinery, factories, systems, structures, and much more. Their main work lies in ensuring efficiency, and working to constantly improve the quality of all aspects of life. They also analyze the impact their projects have had on the environment and society. Most engineers specialize in a certain area, there are more than 25 specialties recognized by professional engineering societies and each area has many divisions. Engineers will also sometimes choose to specialize in a s... view article details