You've just been notified of your last day of employment. Your supervisor hands you a severance agreement and release and your mind is flooded with questions. How can this happen? Can they do that? Unfortunately, if you are an employee at will your employer can terminate you at any time, without notice and with or without severance. After the shock, here are a few things you should consider when reviewing a severance agreement and managing the transition from one company to your next opportunity. 1. Last Paycheck vs. Severance Package For most, the first questions that come to mind are "what's... view article details
Types of Bonuses There are several types of bonuses. Some plans simply give employees a certain share of the company profits, or perhaps a bonus to the entire company. Other programs give incentives to individuals or teams to perform at or above certain thresholds. And a variety of cash and noncash awards are possible for certain types of achievements in some companies. You can even earn bonuses for being hired or getting your friend a job at your company. The following article details 10 types of bonuses that are typically seen in the workplace. What is Profit Sharing? One very basic type of ... view article details
Find Out Why You Get Along with Certain People at Work Have you ever wondered why it is that you seem to get along with some people and not with others? Or why it is that you can’t seem to get through to another? The answer lies in your personality style, a predictable set of behaviors that defines how others see you as you go about doing what you do. Your style -- a preference for behaving one way rather than another -- governs the way you lead others, participate in teamwork communicate, make decisions, and manage change; it even governs the way you learn. Personality style influences the ... view article details
Do Your Prep Work The cover letter has worked. The resume has piqued interest. You get the call you’ve been hoping for and the company wants you to come in for an interview.This is where the rubber meets the road.Getting ready for the interview isn’t all about getting primped and pressed, although that’s important. You want to make a good first impression, but it’s that research you do ahead of time that will keep the questions flowing, build a rapport, and ultimately give you the best chance to land the job.7. Do Your Homework The company you’re about to interview with is go... view article details
FAQ: The 8 Hottest Salary Negotiation Questions Salary negotiation can be a complicated, confusing, confidence-rattling experience. There are lots of questions to be answered, and in nearly every situation, part of the answer is “it depends” -- on number of years in the workplace, what the salary level is, what the job and industry are, and how much leverage you have.Given that background, let’s look at eight quick-hit questions that might be on your mind.8. "How much is too much?" Q: When asking for a higher salary, how much higher is generally reasonable? $10,000? $15,000? ... view article details
Show Your Value to Keep Your Job Layoffs. Downsizing. Reorganization. These common workplace buzzwords are a sign of the times. Today, more than ever, holding on to your job can feel like survival of the fittest, with seriously high stakes if you lose.One of the best ways to keep your job is to show your organization that it simply wouldn’t be the same without you. In a world where some people will do anything to keep their jobs or earn that coveted promotion, this article will explore eight ways to communicate your value to your employer, without compromising your own values.8. KISS ... view article details
So, would you recognize a generous time off policy if you saw one? If you had to establish a time off policy for your company, what questions would you ask?The following is a checklist of questions that a good policy for paid time off should answer. It can be used as a starting point for a negotiation, or for a business seeking to establish or revise a policy for paid time off.The Society for Human Resource Management, http://www.shrm.org, offers its members a model policy for paid time off that is comprehensive and a good framework for companies that do not have one.A well-crafted policy for ... view article details
You Bought the Compensation Analysis, Make Sure You Understand It It is important to understand the terminology used to express the statistics presented in compensation analyses. The terminology used expresses both the nature of an employee's pay and where the levels of pay fit within the continuum of the employee's peer group. Making the most of your answers can involve any of the following: Interpreting Your Answers Base(Base pay) The fixed portion of compensation paid for an employee's fulfillment of a job's essential functions. Base pay does not include differentials, premiu... view article details
By Jane Lee Monday March 7, 2011 'Both fortune and love befriend the bold.'Ovid's words ring as true as they did 2,000 years ago. So do Shakespeare's: 'Oft expectation fails, and most oft there where most it promises.'And there, as they say, lies the rub. It's easy to take a risk when you have nothing to lose, but when the dream depends on betting your bank account, your fame, or even your very life, even the proudest thrill seekers can succumb to caution's warm embrace. Ronald Heifetz, leadership expert and professor at Harvard University's John F. Kennedy School of Government, likes to say ... view article details
Solutions to Disclosing Your Past Salary During a Job Interview If revealing your current salary is the most common mistake job seekers make when negotiating salary, then the dreaded "Salary History" box on job applications is public enemy #1. Here at Salary.com, I don’t think we can give you enough case studies showing you examples of different ways you might handle this situation. Here’s one that came up with a recent client. "Cheryl" is 25 years old, working in her second job at a major corporation, and got an interview for a really great job. As with many cases, with her interview pending ... view article details