Every day should be a holiday. Yet, at work, only certain days are. At the end of the year, many employees look forward to extra wages, or paid time off, around the holidays. Let’s discuss how employers calculate holiday pay accurately so they can compensate you fairly. Every Day Should Be a Holiday In the United States, employees are not required to be paid during holidays. However, according to the Bureau of Labor Statistics (BLS), employers as a whole provide compensation to their employees for an average of 8 holidays per year: New Year’s Day Easter Memorial Day Independence Day Labor Day... view article details

Those with a Master of Business Administration (MBA) degree tend to enjoy a higher pay scale than those who hold “just” a bachelor’s degree. But the pay increase within a specific role may not be as much as you think. And the cost may not be worth the gain. Find out if MBA degree holders truly do earn more, or whether there may be other factors at play. Contributing Factors Toward Greater Earnings from an MBA While college should be all about self-discovery, following your passion, and learning, it is so much more. This is especially true when pursuing graduate degrees that students hope will ... view article details

Chief executive officers (CEOs) get paid lots of money for being the top employees in the company. Why do they get paid so much? Like athletes and actors, CEOs provide a level of talent that is required to produce the desired product - in this case, a strongly performing company. The skills and responsibilities that come with the job of CEO are extreme and the number of people who can fill these roles is limited. That is why the market has determined that people with these skills are worth a lot of money to their companies. Only about 20 percent of a CEO's pay is base salary; the rest is made... view article details

If you take a job in a small, publicly held company, should you expect to earn less than at a large, public company? The surprising answer is no. Compensation survey data shows that a person working in a company with, say, $50 million in annual revenue should be making the same amount as a person doing the same job in a company with $500 million in revenues. 'The overall job market, not the size of the company, determines the value of the job,' said Erisa Ojimba, compensation consultant at Salary.com.Executives' pay may be the exception, she said, because of the mix of executives' pay in small... view article details

Just like an interview, a job offer can tell you a great deal about a potential employer. An offer can reveal how serious the employer is about the offer, how valuable you are to the company, and most importantly, whether you should make the move. Jobs are customarily offered over the telephone or in person. The employer should offer more than just, 'Congratulations, you've got the job.' He or she should explain the offer in detail and answer your questions.It is appropriate to respond to a job offer within two to four days. Rarely would an employer expect you to accept a position on the spot.... view article details

Before negotiating an executive salary with a current or new employer, take some time to reflect on where your pay falls given the market data, the opportunities you face, and your current compensation.How little is too little?If you are making too little, assess yourself and your performance as honestly as possible. If you discover that your data is accurate, but you're underpaid - and that there are good reasons why you are underpaid - determine how to remedy it and create a plan with your current employer, or figure out what to do differently in your next post.Perhaps it's that someone else... view article details

 Closing TimeClosing is the last step in buying a home. Unless you are paying cash for the house, you cannot buy without backing from a lender, which comes in the form of a commitment letter. The lender will require that you have a homeowner's insurance policy on the property, so you will need to arrange this before the closing.At closing you will be asked how you want to hold the title, which basically refers to ownership. If you alone will own the house, it's sole ownership; joint tenancy applies when two or more people are purchasing, but each holds the right to dispose of his or her share.... view article details

Q: Hello Jack,I just completed an exploratory (group) interview and mini-individual interview with an HR Manager at a prestigious non-profit organization that services Developmentally Disabled individuals nationwide. I have 12 years in the field of Disabilities, starting out as a case manager and working myself up to two supervisory positions within the last five years with a year gap in between as I was pursuing my Masters in Social Work. I'll be  getting my MSW by 2013. I cant help thinking that I made a huge mistake in writing a salary range of $48k-$50k on my application. When I sat with h... view article details

Did you know that you may be able to negotiate some of your benefits? Even though companies put fixed policies on most benefits, some benefits are negotiable - and sometimes, all you have to do is ask. Signing bonus. If a company wants you badly enough or can't meet your salary demands, it might sweeten the deal by offering you a signing bonus, a one-time payment that doesn't increase the base salary on which everything else is calculated. A signing bonus is a good-faith demons... view article details

They call them the salt of the Earth; the people who spend their lives learning a specific labor, directly benefitting the public with effective service. There are all kinds of skilled laborers, many of whom choose to work at The Jim Beam Company – makers of the best-selling bourbon in the world. Meet Kevin Boone, Process Control Sr. Maintenance Supervisor at the Jim Beam distillery in Clermont, Kentucky. He works in one of the three principal Beam factories in the state, just twenty minutes outside Louisville. The history of the Beam brand dates back to 1795, when the first generation of the ... view article details