Q. My performance review is coming soon, and I would like to learn more about the do's and don'ts of performance reviews. Any advice would be greatly appreciated.A. The review process is normally broken down into two parts. The first is spent discussing your overall performance during a defined 'performance period.' The second part of the process is how much you will receive based on your performance.I always advise managers that employees should never be surprised by their review. The purpose of a performance review is just that: to review an employee's performance. In other words, your manag... view article details
Q. I've accidentally come into possession of a confidential printout of my fellow employees' pay rates. After reviewing it, I've come to the opinion I am being well underpaid. In the near future I am up for review, which always is nothing more than a formality for a decision already made. What are the possible legal ramifications of possessing this information? How, if at all, may I ethically use this information to my advantage?A. Above all, be very careful.Since you found the information, I would not use it when discussing your salary with your manager nor your HR department. Unless your cow... view article details
Dear Annette,My boss talks to other employees about employees. Is this an accepted practice? He claims to be quite educated in new management styles. However, I do not feel as though I should know that he is thinking about firing his secretary, also known as my coworker. Sincerely, Rather Not KnowDear Rather Not Know,Perhaps like me you recall the era when information was the currency of fabulousness. How much energy and time used to go into hiding and discovering secrets? How many Saturday and Sunday mornings has my dog Dickie spent sniffing around the back doors of my little Beverly Hills ne... 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
One of the most important steps in the cycle of excellence is the employee self-appraisal. Your manager may ask you to conduct a self-appraisal approximately one or two weeks before your performance review. It is worth taking the time to complete this exercise thoughtfully, because it will enable you to compare your impression of how well you did with your company's impression. The form may be identical to the one your manager uses, so it will give you a good indication of what will be talked about in your performance review and later filed with the human resources department. You will also n... view article details
Q. How do I go about requesting a 'fair' base salary when the company knows I'm happy with my overall compensation?I receive a salary of $36,000 in my position as a branch sales manager. My total compensation in 2000 exceeded $62,000, thanks to the bonus plan, and I'm quite satisfied with this amount.The problem is my base salary. My position pays between $35,000 and $55,000. Although I have only been the branch manager for one year, I believe my talent and results should be reflected in an above-average salary. I expect a salary increase this April, but 3 to 5 percent won't get me to $45,000 ... 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 have been working for a company as a cooperative learning experience for eight months, even though I'm not a student but a recent graduate. (I needed the experience.) Now I am being offered a one-year contract, and have learned I am grossly underpaid. Can you give me some resources to justify not only my market value salary, but also what percentage health, 401(k), and vacation time adds to my base cash value? Since I will be a contractor, which adds risk, I feel this should be calculated into my total value as well as the out-of-pocket expenses I will pay without benefits. I feel I can n... view article details
At some point in the job application process, you might find yourself in a tight spot. What do you do when asked for a salary history? You may be gunning for a job with greater responsibilities than in your last one, or making a transition to an industry that pays better than the one you're in now. You may even be willing to take a paycut if you believe you've truly found your dream job. Either way, submitting salary history could compromise your position of advantage when it comes time to negotiate your pay. The relevant measure of worth is the fair market value of the open position, not what... view article details
Picture this: You meet someone on Bumble. This person seems like a great match for you. You go on a bunch of dates and start to assume things are getting serious. And then it happens… What happens exactly? Well, nothing. You hear nothing. You see nothing. “Bae” is off the radar like a rogue ship in the night. You, my friend, have just been ghosted. A more recent trend is “zombieing.” The gem who ghosted you suddenly resurfaces months later – as if back from the dead. If the person has the audacity, the communication can open with a super casual line as if the ghosting never even occurred. “Hey... view article details