Discouraging predictions of lower salary hikes coupled with a tough job market have increased the already growing number of people returning to school. Numbers have been steadily growing because of increased educational requirements in the job market and the fact that on average a higher level of education translates into a higher annual salary. Salary.com's calculations for 2003 placed bachelor's degree holders at an average salary of $43,000, and master's degree holders at $53,000 (see earnings chart below). Therefore many professionals assume it is logical to go back to school, just as many... view article details

Competition is Fierce As you progress throughout your career, may you have the good fortune of consistently being the unanimous, nobody-else-comes-close, top candidate for every job that you apply for. Perhaps it’s because your talent and expertise is undeniable. Maybe friends or old co-workers continually reach out to you to join them in their latest venture. Some of you might wisely take the path of least resistance by seeking out jobs through referrals so that you don’t have to compete with the masses.For everyone else, you're probably facing a very competitive job market. Let’s fa... view article details

You Might Want to Avoid These Jobs Years ago, Bobby McFerrin told us all to “don’t worry, be happy.” Clearly he wasn’t working in one of the careers on this list.The work website Careerbliss has come out with a survey detailing which careers feature workers who are the unhappiest. After analyzing more than 25,000 independent company reviews, these 10 jobs are the ones which feature the largest amounts of employee discontent. In order to compile these rankings, CareerBliss data evaluates the key factors that affect work happiness including: bosses, support and incentives, growth opport... 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

With the Labor Department reporting that the number of people receiving unemployment benefits is the highest it has been in seven years, is there such a thing as a “recession-proof” job? Probably not, but there are some careers that may survive the current economic crisis better than others. The key is to focus on work that continues even when most people do not have extra discretionary money to spend. So what are some in-demand jobs in a slow economy?Accountant Now more than ever, companies are paying attention to the bottom line. They need good “bean counters”, whether they are fres... view article details

There is plenty of advice out there about writing a good resume. From grammarians parading the benefits of a bullet proof resume -- at least from a spelling and grammar perspective -- to hiring managers threatening to toss out your resume for failing to 'suit their tastes,' almost everyone has an opinion. Nothing is necessarily wrong. Resume writing is inherently subjective.But despite the diverse viewpoints, there are some clear differentiators that go into the making of a great resume. I am not talking about writing just a good resume. Today’s job market demands greatness. For better or wors... view article details

The course of a meeting is determined before the group gathers, when the organizer sends invitations that include time, place, and agenda. To some extent, the format of a meeting determines the substance. Meeting organizers who take these responsibilities seriously will have an easier time leading a successful meeting.Time, Place, and AgendaOne of the most important aspects of a well-managed meeting is a carefully conceived agenda. Preparing an agenda isn't just a protocol, it's an occasion to think about the purpose of the meeting and the desired outcomes. Giving structure to the conversation... view article details

Q: My facility just was closed. Approximately 80 hourly employees were eliminated, as well as 90 percent of the salaried workforce. I am one of the lucky 10 percent who are being offered postions at a different location. I currently live in a state that has a low cost of living and will most likely be asked to move to a state that has a much higher cost of living. Would it be out of place to ask for that increase in my salary?A: The first thing I would do is speak to my Human Resources Representative and find out what the company's compensation philosophy is. A company's compensation philosoph... view article details

Mortgage Size   The first and biggest hurdle to buying your own home is money. Few buyers, if any, try to buy a home without financing because it just doesn't make sense. In addition to the relatively low price of credit in America, why would anyone pass up substantial mortgage interest tax relief? Then there's the opportunity cost. Even the most financially secure among us won't want to tie up hefty capital in real estate when it could be spread across several investments in a diversified, well-planned portfolio.Typically, home buyers pursue a loan in amounts of 80 or 90 per cent of the purch... view article details

In the early evening on a recent Thursday, Kiran Arora, a consultant at the compensation firm Watson & Wyatt Worldwide, was getting ready to leave for the weekend. No, it wasn't a holiday or a long weekend. Her work week runs Mondays through Thursdays. Arora traded in that one extra day each week to spend time with her family and her children.In a 2000 poll of more than 3,500 company executives by recruiting firm Management Recruiters International, Inc., 61 percent of the participants believed the 9-to-5 workday will disappear in the next 10 years.According to a 1998 study by the Employment P... view article details