Are you one of the many workers that have intensified their job search in the New Year? According to Salary.com's 2006/2007 Employee Job Satisfaction Survey, more than 60% of U.S. employees are likely or very likely to leave their jobs in the next three months. The most commonly cited reason for employees wanting to leave their job is inadequate compensation - but boredom, lack of recognition or opportunities for advancement also ranked highly. Those looking to stay in their current positions cited good coworkers, managers and working hours as key to their satisfaction.The results of the surve... view article details
Reason No. 1: Your Leadership Doesn’t Care Whenever people attend a cocktail party, invariably someone in the room will have an occupation that others will solicit for some (free) advice. Medical doctors are asked “Does this mole look cancerous to you?” Car mechanics are queried whether the “chunka-chunka” sound the engine makes means a new transmission is needed. And as an industrial/organizational psychologist, I get interrogated about “Why is my company such a lousy place to work? Why do I hate working there?” There can be any number of specific reasons why one’s work experience is l... 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
What is the PSR? The PSR is our Personal Salary Report. You probably know about and have used our free Salary Wizard, but the PSR is an enhanced compensation analysis that costs a little bit of money, but gives you much more of an edge when it comes to negotiating salary.So why should you buy the PSR when you can get free information in the Salary Wizard? Glad you asked, because here's our step-by-step guide to understanding the PSR.For Starters... The very first thing you'll do is enter your job title, state, and city. This is important because the region in which you live h... 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
'Salary.com uncovered the top (and bottom) US metros for building personal net worth, taking into account local salaries, cost of living, and unemployment relative to the national average.' Are you considering moving to a new town? Maybe your earnings just aren't up to par with the cost of living in your current city. Perhaps you're even having trouble finding a job. If so, it may be time to look at one of the cities at the top of Salary.com's Salary Value Index. The compensation experts at Salary.com uncovered the top (and bottom) US metros for building personal net worth, taking into accoun... view article details
There's a Right and Wrong Way to Quit a Job So you're quitting? Congratulations on getting a new gig or just getting out of your old job that wasn't working. But no matter why you're leaving, make sure you do it the right way.Your parents probably told you to be the bigger person, right? Well now it's time to put that to the test. And that test can be pretty difficult if you really hated your job. There's no question that, for some people, it feels really good to quit with a bang and stick it to everyone who wronged you in the past. But even though that'll give you instant gratificati... view article details
Welcome to Our Annual Father's Day Survey Much is made of Mother's Day because it has become a full-blown Hallmark holiday over the years. But once all the hype and hoopla is over, there's this vague feeling that you're leaving something out. That something is dads -- and Salary.com hasn't forgotten.Our annual Father's Day Survey is back this year as we celebrate dads and all the work they do for their families. Every year Salary.com surveys thousands of dads to find out how much time they spend on household and childcare duties. Then, using our extensive salary data containing inform... view article details
Real-Life Examples of Negotiation Done Right & Wrong What Works & What Doesn't? Ever wonder what works and what doesn't regarding salary negotiation and asking for a raise? We asked you, our readers, about your last negotiating experience and it was easy to see what worked, what didn't, and why. Here are some real-life examples of salary negotiations along with our advice about what they did right, wrong, and how they could've handled things better. Go Big or Go Home Date of last raise: 2012 Prior salary research: Yes Raise request: 35% Raise received: 22% User comments: "The main idea is... view article details
The foundation laid now often sets the tone for what the future will hold. This philosophy possesses very significant meaning in education. Selecting a place of higher learning definitely helps chart the course for future career opportunities and success. It may not be that any of the schools are necessarily wrong—it’s really about uncovering that one school that is right for you. A few things to consider:Ask the online-accredited colleges to send brochures and information packets about their programs. Seeing the quality and depth of information sent will help determine the type of education... view article details