Q. I am working as consultant for a company and have been asked to join as an employee. How does the fee I receive as a consultant relate to the salary I would get as an employee?A. The answer depends on two things: the way you're currently charging the company; and the role you're being asked to take on as a full-time employee.First, there is the matter of expenses. Consultants typically work off site and are on company premises principally for meetings. Such consultants may charge their customers fees that cover overhead in addition to the fees for the services being performed. Consultants' ... 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
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
When you think of introverts, vocal power may not be the first thing that comes to mind. Yet, you have the potential to express yourself with your voice fully and authentically—regardless of whether your greatest source of energy is cocooning or mingling, and whether your voice is typically soft or loud.In this two-part interview (read part 2 here), I invited Barbara Rubin, a theater director as well as a dialect and vocal coach for stage and film, to tell how to get the most from your speaking voice. Rubin and I have collaborated over the years in different arenas, each of us wearing differen... view article details
The Beam family has preserved their reputation as dedicated and accomplished distillery owners, bourbon crafters, and businessmen for more than 200 years. Jim Beam’s quality bourbon has been in production since the 18th century and prevailed through prohibition. Seven generations later, the Beam company continues to evolve with the help of their determined employees. If you ask Marvin Stone, maintenance supervisor at the Booker Noe plant in Kentucky, he will tell you that Beam’s supportive environment is an essential piece to the companies success. “I have never worked anywhere before where th... view article details
Has America's Relationship with Work Shifted? America is a country that has long prided itself on sweat, determination and hard work. We love stories about people putting in the hours, working harder than everyone else, and pulling themselves up by their bootstraps to enjoy financial success. Historically that’s been true, but is it still the case?This country has changed dramatically over the years, but we wanted to find out if Americans still value work the way they used to. So we sent out our “Working Study” survey, and nearly 3,000 of you answered. Do we live to work as our grandp... view article details
Summer Presents Unique Opportunities for You to Advance Your Career Summer is No Time to Slack Off at Work And suddenly, Summer. Coats go into storage, you’re buying sunscreen by the gallon, and your mind instantly shifts from spreadsheets and status meetings to suntans and sandy beaches. However, while kids might be screaming "school's out for summer" and racing for the playground, things don't quite work that way as an adult in the business world. But don't worry, the tips below won't be as painful as summer school. So here are 5 ways you can use summer to your advantage professionally. ... view article details
What to Do When You're There to Work, Not Make Friends It's All About Boundaries It might be tempting to hang out at the water cooler half the morning and indulge in the latest gossip, the fun anticipation of the office lottery pool, or friendly sports bets. But these easy friendships with coworkers can begin to spill over into your personal life, and that's when things get dicey. Setting boundaries is a good idea, but where do you begin? Can you set boundaries without hurting someone's feelings? Can you keep your work relationships healthy even while you decline invitations that infringe o... view article details
Whether you are unemployed or simply looking to make a move, in a world where jobs are more competitive than ever, finding a job is a full-time job.You can up the odds of landing a good gig by creating an organized, systematic plan to generate job leads. This article explores 12 active ways to ensure the leads keep rolling in.1. Use your network Only about 25 to 30 percent of jobs are advertised in the newspaper. The rest are 'hidden.' The best way to access these hidden jobs is through friends, colleagues, acquaintances, and contacts in your industry.Identify and reach out in an orga... view article details
Have you ever felt ambushed during a business meeting? Or have you either clammed up or lashed out at a boss when unexpected criticisms come your way during a performance review? If so, chances are you were in a 'Crucial Conversation.' And you blew it.Kerry Patterson, a New York Times bestselling writer and co-author of 'Crucial Conversations: Tools for Talking When Stakes are High,' says crucial conversations happen on a near daily basis both at work and at home. The trick, as Patterson tells Aaron and Wendy on this week's episode of Salary Talk, is to recognize them when they happen and act ... view article details