Disintermediate. Recontextualize. Envisioneer. You’ve got to give business executives one thing: They love their jargon. Clinging to their buzzwords like Leo DiCaprio to a life raft, there are managers out there who seem to enjoy a squirt of dopamine every time they use a verb like architect (yes, as a verb!) or interface. Throw in some adjectives like constructivist, interdisciplinary, metacognitive or inquiry-centered, and then tack them on to nouns like bandwidth, convergence and methodologies and you’re well on your way to a minor stroke as you try to process the message lurking behind all... view article details
Both Finance and Accounting Revolve Around the Management of Assets. Finance and Accounting are two separate disciples that often are lumped together (as we obviously have done). At a high level, Finance is the science of planning the distribution of a business’ assets. Accounting is the art of the recording and reporting financial transactions. People tend to group Finance and Accounting because both functions deal with the administration of a business’ assets. Those who work in the financial department of a business are concerned with planning the distribution of the business’ assets. This... view article details
Pay Yourself Right When Being Your Own Boss The dream of working independently is a reality for almost 10 million people in the United States, or roughly 10 percent of the workforce, according to the Bureau of Labor Statistics. The rewards of self-employment include independence from supervision, the ability to set your own hours, and the satisfaction of knowing you are writing your own ticket. And yes, if you want, you can often work in your bathrobe. Technology makes it easy to work wherever you go. With an up-front investment of a few thousand dollars in a computer, bandwidth (telephone,... view article details
A company's pay structure is the method of administering its pay philosophy. The two leading types of pay structures are the internal equity method, which uses a tightly constructed grid to ensure that each job is compensated according to the jobs above and below it in a hierarchy, and market pricing, where each job in an organization is tied to the prevailing market rate.A company needs job descriptions for all its positions so that people know where they fall within the organization. A pay structure helps answer questions about who's who, what each person's role is, and why people are compen... view article details
From CNN Money and the compensation experts at Salary.com6. Market research analyst Why it's great If you want to know what the next big thing is, this is your field. Before launching a product or service, companies turn to market research analysts who collect and evaluate data about consumer wants, needs and buying habits. You get to work on a huge variety of projects: In a single day you might run a taste test on a new vodka flavor, evaluate a re-branding campaign for a hot dog and analyze political polling data. What's cool Testing products before they hit the market. You talk to lots of pe... view article details
Compensation SurveysPaying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use market data to research the value of their jobs. But what is 'market data' anyway?To determine the prevailing rate for a job, companies can 'benchmark' jobs against compensation surveys that are detailed and specific to the companies' industries and regions. A good compensation survey uses standard, proven methods of data gathering and statistical analysis to determine how much com... view article details
Q: I am an accountant for a franchise owner and I am salaried. I understand that this means being exempt from the time clock, overtime, etc. There are times when I might work over the weekend or past the normal business day. My manager tells me there is no such thing as comp time and even that it is against the law to allow time off for extra time worked. This is the first I've heard of such nonsense.Are there laws on this subject for salaried employees? I've missed one day in the last six months, and I was docked a day's pay. How do you take away a day of earnings from someone who is salaried... view article details
Dear Annette, One of my colleagues stutters. How should I handle this with him in the office? What if we are making a presentation together or doing an important conference call? Hesitant Dear Hesitant, For all you know, your coworker may be staying late at the office, composing his own letter to Me, far more worried about your discomfort than about his level of fluency. If my People were that ... view article details
Q. How much per hour should a per diem CPA make in the Jackson, Mississippi, metropolitan area? I'm considered self-employed, and I have 16 years of public accounting experience. My area of specialty is income tax.A. Per diem is a Latin term that literally means 'per day.' A per-diem CPA is one whose rate of pay is based on a day of work, rather than on a full-time salary. The term per diem is also used sometimes to indicate a flat fee for daily reimbursable expenses, such as a per diem for full-time employees who travel.People who work on a per diem basis are often called contractors. Contrac... view article details
When Daft Punk released “Robot Rock” in 1997, surely they were portending the state of the job market 20 years later. In the modern war for talent, tech – and tech jobs – seem to be all the rage these days. If you’re looking for a job in the IT world, or are a current employee looking to make a change, it’s important to keep your eyes peeled for in-demand roles on the horizon. Based on a report by Robert Half, here are six entry-level IT jobs worth looking at in 2019. We've also included the average entry-level salaries for these kinds of roles, as well as their average total earning potential... view article details