Two of the country's premier academic institutions -- the Massachusetts Institute of Technology and Harvard University -- have joined forces to launch an online education initiative that might just 'reinvent education,' according to Anant Agarwal, president of the new program.Dubbed edX, the program is based on MITx, a similar initiative launched by the science and technology school earlier this year. EdX will act as a sort of umbrella organization, allowing participating institutions to offer free, online courses from their curricula. Harvard and MIT are the initial partners in the program, b... view article details

Most of us have heard of the strategic petroleum reserve. This national stockpile generally contains about 700 million barrels of oil, some of which can be sold off if the commercial supply is disrupted. The strategic reserve helps ward off extreme price spikes and acute shortages. But the United States isn't the only country hoarding valuable resources and petroleum isn't the only substance being squirreled away for a rainy day. Let's just say that if China and Canada got together, they could serve one seriously epic breakfast.So let's take a brief tour of some of the world's most intriguing ... view article details

Q:  I am working on my associate degree with a double major in purchasing/business management. I have been a co-op student with the same company in the procurement department for a year and a half, and have just finished my co-op requirement. I really enjoy working in this field. I have a background in accounts payable, personnel, and office administration.The company doesn't have a position available for another buyer, only the co-op position. I keep hoping they will create one just for me, but that is unlikely. My purchasing manager is allowing me to stay as long as he is allowed to keep me.... view article details

Q: I am the IT manager at the local newspaper. I had no experience and settled for a lower wage than the position should have paid. I now have been here two years and am wondering whether I should ask for the salary your site and others say I am worth. I have a two-year degree in information management, and an A+ certification, and I'm working on my net+. I am the network administrator and implement and troubleshoot all their software systems. It's much more work than they first described. To get me to the average in our area they would need to give me a $20,000 increase.A: Even after two year... view article details

Q. I just earned a bachelor's degree in human resources management and I have three years of experience. Based on Salary.com's results, if I am a qualified applicant I should be getting a median income in the mid-40s per year. During interviews, when asked, 'What is your salary requirement?' I don't know what to say. Based on my experience as a recruiter, I hated when I asked the same question and didn't get a concrete response. I was taught to start low and work my way up with the salary until the other person 'gives in.' What's the best way to answer this question?A. I'm not a believer in wa... view article details

Do you have a copy of your job description at your desk? Have you ever seen your job description? Does it accurately reflect what is expected of you?Job descriptions play a vital role in your compensation, because employers decide what to pay people based on the value of specific skills. Add up the list of responsibilities in your job description, and you should get the totality of your expected contribution in both qualitative and quantitative terms. Without a written job description, you and your employer cannot accurately measure your worth on the job.A job decription should state the overa... view article details

Q. I work for a food and beverage management company that has had a few closures over that past year in my region due to cutbacks by our clients. To stay employed with my company, I agreed to consult in a different region (with a much higher salary scale for the same position) until new business opens back up in my home region. This agreement was on a month-to-month basis. Three months have gone by now and there is a possibility of new business back home. This new business will not open for six months though, so they have asked me to stay here until then. How do I negotiate for a salary increa... view article details

Bonus programs reflect a company's definition of success, how that definition is measured, and the extent to which that measure is met. Bonuses are similar from company to company. The reason is that most companies subscribe to a pay-for-performance philosophy whereby bonuses are tied to two important measures: how well you are doing with respect to your manager's expectations; and how well your company is doing with respect to its expectations. Individual and group performance goals are hard to set, because they should be neither too ambitious nor too easy to achieve. It is best for employe... view article details

Flexible Workplaces Becoming the Norm When looking for a job, you're likely focused on what type of position you'd like to land and probably not paying attention to hiring trends or hiring manager surveys. In fact, you may not even know that a relatively recent Flexpaths-LinkedIn Virtual Think Tanks study suggested 'flexible' workplaces would become inevitable by 2015 because employers recognize their targeted employees expect some flexibility when it comes to their jobs. Many Workers Will Sacrifice Money for Flexibility Are you one of the 42 percent of working adults who wou... view article details

The Bureau of Labor Statistics reports that health care is expected to generate more new jobs than any other industry over the next several years. As Baby Boomers age there will be a need for more home health care services, residential care facilities and nurses to staff them. Medical group practices and integrated health systems are predicted to become larger and more complex, resulting in an increased need for office and administrative support workers. High job turnover, additional anticipated retirements in the industry and the slowing number of foreign healthcare workers being allowed to e... view article details