Fewer Young People Are Buying Homes I rent a charming apartment in a seaside town in Massachusetts for a reasonable price. 'Charming,' of course, is long-cherished real estate code for 'small,' and 'reasonable,' in this market, is not a modest sum. If I bought, I could probably get more space for my money (not to mention equity), but I lack the sterling credit and sizeable down payment that are essential to getting a mortgage these days. And so I find myself the apartment-dwelling epitome of an inauspicious trend: the marked decline in homeownership among young adults. Nationally, the... view article details

Recycled. Upcycled. Eco-friendly. Sustainable. Organic. Everywhere you look signs, labels, and headlines make it clear that the country is going green. But how – if at all – does that translate into jobs?An estimated 3.4 million of U.S. jobs qualified as 'green' in 2011, according to a recent report from the federal Bureau of Labor Statistics, up nearly 5 percent over 2010. In the private sector, environmentally friendly jobs grew at an even faster rater: more than 7 percent, from 2.3 million to 2.5 million. Employment across all industries and categories, meanwhile, grew by just slightly more... view article details

With the start of the New Year, employers will be finalizing their salary budgets for 2009. Many survey vendors collected, compiled and analyzed data regarding merit increases for 2009 and reported that merit budgets for 2009 were on track to remain consistent with previous years' averaging at around the 3.5% mark. As more economic turmoil surfaced toward year end, some organizations took a new look at merit budget plans for 2009 as we discussed in the article Pay Increases in 2009 May Disappoint Workers in our December 30th newsletter. Most employers are being cautious, pre... view article details

The Severance PackageIf your company goes out of business, don't be surprised if there is no severance pay. Going out of business and running out of cash are practically synonymous. Once in a while a failing business closes down with some money left in the bank - but those funds are usually returned to the investors who provided them.Severance pay, after all, is as much a signal to the employees who remain behind as it is a gesture of goodwill to those being let go. If the company disappears, it doesn't need to preserve goodwill with its former staff. Yet established companies that intend to r... view article details

Q. I work in a hospital in Florida as a computer operator. Before this I was a computer operator at another company for almost 20 years. I am paid a salary of $19,406, well below the Computer Operator I salary quoted in the Salary Wizard, $25,310. I really like the company, the job, and the people I work with.The hospital management does not seem to care about what they pay their staff. They are giving only 3 percent raises, and I don't think they'd try to stop you from leaving if you asked for more. I am a good worker, I work most of the overtime they ask of me, and I am not out sick very muc... view article details

Sustainable energy and green technologies have been placed at the forefront of America Recovery and Reinvestment Act, and the business world has taken notice.  To better facilitate modern professionals' connection with these emerging eco-friendly industries, MBA programs around the world have begun adopting curricula with a sharper focus on going green. The Aspen Institute Center for Business Education is reporting that the number of colleges requiring MBA students to take courses in ecological business and society issues has more than doubled in the past eight years, from 34 percent in 2001 ... view article details

These days when job security is not necessarily a given, many workers are taking advantage of mentoring, a valuable -- and free -- training tool. And no wonder: According to Randi Bussin, a career coach in Belmont, Mass., 'it's a no-brainer for lifetime career development.'Wherever you are in your career, a mentor can be an invaluable guide. Here are some tips for finding one and making the relationship work.1. Take the initiative It's usually easiest to find a mentor in a formal corporate program, but not all companies offer one. The same workplace stresses that make peop... view article details

Job descriptionParalegals are responsible for handling a variety of tasks and providing support for the lawyers they work for. Under the direction of an attorney, they work to resolve routine legal issues. They help lawyers to research laws, judicial decisions, articles, treaties, and other legal documents that can be applied to cases. They may also be responsible for preparing written reports to assist lawyers in handling cases. Paralegals hold an organizational role in coordinating the activities of the law office and its employees, and also in the filing of financial records and case docume... view article details

Job descriptionProject management is the process of planning, organizing, staffing, and guiding the process of creating a solution or system. Project managers are responsible for providing a plan and the means on which to base management decisions throughout the life of a project. There are many scheduling software tools available to help project managers perform their job, including PERT, Microsoft Project, Scitor Project Scheduler, and many others. While such applications are usually designed for certain industries or projects, they all use Critical Path Methodology, or CPM. CPM plays a larg... view article details

Not sure how much to contribute to your retirement plan every month? That's easy: Put in as much as you possibly can without leaving yourself stuck. Investment limitsEvery year the IRS puts a limit on how much pretax income you can contribute to your retirement plan. For the year 2005 the maximum is $14,000. This is quite a nice equalizer that prevents bigwig executives from feathering their nests much more than the mail clerk. If you want to contribute more, you can, but it'll have to come from income you've already paid tax on. Though once in there, the extra money can earn tax deferred unti... view article details