Q: I am putting in my resume for a manager's position that has just opened up in the store where I am a sales associate. I have been in retail for about five years and with this company for about six months. I have a degree in textiles, apparel and merchandising and a minor in business administration. The manager who is leaving speaks very highly of me. The median salary for my area is about $36,000. Should I ask for less because I have no management experience? Or should I ask for a range of $32,000 to $36,000 and see what they offer?A: If the median salary is $36,000, that means the candidat... view article details

Q: I took some time off this year, and I think it affected my performance review. I got only a 2 percent raise. Does this mean I am a problem employee?A: The dreaded performance evaluation happens every year. You hope against hope that the project you completed is recognized. You also hope the extra work you put in is also recognized. But to your dismay, you are told that in spite of your hard work, you are eligible for a 2 percent increase, which after taxes isn't much.Without knowing the details of your situation, I could paint a typical scenario.During your review, your manager informed you... view article details

Your performance standards establish the link between the company's objectives and your job description. Your manager will translate corporate objectives into acceptable performance standards for your position given the tasks in the job description. The job description identifies measurable tasks, and the performance standards establish the acceptable levels for each of those tasks.For example, if the job description for a loan officer at a bank says, 'Identifies and assists prospective clients in the loan application process,' the loan officer's performance standards for this task would relat... view article details

Q: I have been an estimator for a plumbing and mechanical company for two years. I am also a project manager. I have produced about $747,000 in sales this year and am managing about $1 million in construction projects. My salary is $32,800 per year. Should I be outraged?A: Maybe a little outraged.Let's assume that when you were hired, you were not expected to bring in sales. But perhaps your job has changed a great deal since then. I recommend that you ask your supervisor to review your current job responsibilities.Bringing in $747,000 is a significant amount of revenue. Typically, people resp... view article details

Seven Tips to a Better ReviewThe performance review induces a case of nerves in most employees, but if you prepare properly, you can make your next performance review your best.  To help, the experts at Salary.com have created a list of tips to ensure a better performance review.1. Track your contributionsKeep a journal at your desk that you can update daily or weekly with your key accomplishments, positive feedback you have received and comments about areas where you can improve.2. Compile your greatest achievementsEach month, review your journal entries and track your progress against your g... 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

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

Decisions, Decisions There are many times in life when a poor decision is going to cost you some money.There are the little decisions that bug you, like waiting too long to buy an airline ticket and the price jumps $60, buying a pair of jeans only to see them go on sale for 50% off the next week, or illegally parking your car for just a minute while you run an errand, only to find a $125 ticket on your windshield when you come outside.Then there are some big decisions. One look at Wikipedia’s list of most expensive divorce settlements – twenty-two of them more 50 million dollars! – wi... view article details

Did you know employers sometimes pay a premium for the right education and experience? Or that you might be able to earn more by doing the same job in a larger company? In fact, these could be some of your strongest negotiating points in your next performance review, job interview, or request for a promotion.Employers typically adjust their market data when determining how much to pay a specific employee to do the job. In other words, they price the 'space' - the position in the organization - before they price the 'face,' or the person doing that job. After they determine the value of the pos... view article details

You're sitting in a conference room or office, face-to-face with the person you most want to impress - your prospective boss - and he or she is asking you, 'What is your biggest weakness?' How do you answer a question like that?The good news is, it's a job interview, not a confessional. No one expects you to demonize yourself in hopes of appearing forthright. After all, you are selling yourself and you want the interviewer to buy, not pass.You could try stalling - think hard for a minute or two and answer something to the effect of, 'I can't really think of any aspect of my personality that ha... view article details