There is, it seems, a skills gap in this country.Even as the national unemployment rate lingers above 8 percent -- 12.5 million people -- tens of thousands of jobs are going unfilled as employers contend that they just can't find qualified candidates. Applicants need to get more education, more skills, more experience, according to hiring managers.But the problem may not lay with the job-seekers alone, according to Why Good People Can't Get Jobs, a recently released book by Peter Cappelli, a management professor at the Wharton School. Companies' own expectations and practices, Cappelli argues,... view article details
You've heard of those brain teaser questions that may well come between you and a job someday. No matter how much you may prepare yourself for a job interview, you may never be completely ready when that interviewer asks you why manhole covers are round. Even that question has been asked so often by now, it's considered one of the easy ones. Microsoft is partly to blame.Ever since the Seattle-based software giant made news a few years ago for asking applicants questions like 'How many golfballs does it take to fill a 747?', more and more companies have been adding their own mindbenders to the ... view article details
Job Interviews and Dating At first glance, dating and job interviews don't seem to have much in common. But as I was writing 'Date Like a Grownup: Anecdotes, Admissions of Guilt & Advice Between Friends,' I began noticing missteps common to both endeavors.Are you coming off as desperate? Bad-mouthing an ex? Turns out there's a lot job seekers can learn from going on first dates and online dating in general. So when you're headed to see the hiring manager, remember these hard-learned lessons from the front lines of dating.9. Don't Be Desperate The most common cause of poor dat... view article details
These Careers Are Worth the Price of College Admission Is College Still Worth the Money? Maybe. As the cost of education continues to skyrocket and job prospects remain less than robust in a tough economy, the answer to the question, "What are you majoring in?" seems more important than ever. There’s no getting around it. Education is expensive. A four-year degree at a public university costs, on average, $37,343, while an education at a private school will set you back $121,930. While statistics show that a college degree will undoubtedly open doors and increase your earning potential, you... view article details
How to Ensure Efficiency While Employees Work from Home Have a strong organization. In the midst of this global coronavirus pandemic, companies which are fortunate enough to remain open have shifted to a work from home model. While embracing this new, temporary normal, strong management is needed to organize staff and remain productive while in isolation. One method to achieve this is to set up standard daily meetings at a fixed time to check in on your team, define goals, and get a reading on how everyone is coping during this trying time. This allows for communica... view article details
The gap between the rich and the poor has been widening for the past 30 years. The World Inequality Report uncovered that since 1980, the top 0.1 percent of wealth owners, about 7 million people, accounted for as much of the world's growth as the bottom half of the adult population — roughly 3.8 billion people. Below is a list of the top 10 richest people in the world, including their net worth for the year 2018, as well as the previous year, according to Forbes. This list makes it glaringly obvious that the gap between the rich and poor is at its highest level in decades with no signs of nar... view article details
Most people think of games as fun entertainment. But searching for a job and getting hired is a game too, and it's one that many people have been playing for far too long in these tough economic times. And one of the big problems is many of the people playing don't know the rules.So says Skip Freeman, author of Headhunter Hiring Secrets: The Rules of the Hiring Game Have Changed...Forever, who is this week's Salary Talk guest. As a professional headhunter himself and president of an executive search firm, Freeman tells Aaron and Wendy the stunning truth: that many people don't know what they'r... view article details
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
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
Q. As my experience runs a little short of the job requirements, what should I submit as my salary requirements?A. At the minimum of the pay range, the least skill or proficiency is necessary to perform the functions of the job. The more proficient you get in your job, the closer you move to the median or middle of the range. If you are fully proficient and can perform a job with little or no training, you should target the middle of the range.If you have several years of experience performing a job and not only are fully proficient, but also can direct and lead the work of others, then you mi... view article details