Q: I just had my performance review about a week ago, and I was rewarded with a pay increase of 4.75 percent, which seems minimal at best. According to my calculations, this increase does not even cover the cost of living. Is it a common practice for large companies to "reward" employees with such a negligible raise? If not, how could I learn what the median raise is for companies in my area? A: Most companies have a merit budget that dictates the amount of money they give employees when it comes time to deliver annual merit increases. The average merit increase in 2000 hovered around 4 perce... view article details

Flexible Workplaces Becoming the Norm When looking for a job, you're likely focused on what type of position you'd like to land and probably not paying attention to hiring trends or hiring manager surveys. In fact, you may not even know that a relatively recent Flexpaths-LinkedIn Virtual Think Tanks study suggested 'flexible' workplaces would become inevitable by 2015 because employers recognize their targeted employees expect some flexibility when it comes to their jobs. Many Workers Will Sacrifice Money for Flexibility Are you one of the 42 percent of working adults who wou... view article details

Most job seekers understand the value and importance of a well-organized resume but spend far less energy on crafting a strong cover letter. What they fail to realize is that resumes and cover letters go hand-in-hand. Employers are very busy and receive hundreds of resumes leaving little time for individual review. Submitting a thoughtful and well-written cover letter can help you outshine your competition and get you one step closer to an interview. Don’t let the energy you’ve spent on developing the perfect resume go to waste by failing to deliver an effective cover letter.Here we offer some... view article details

One of the most important goals of your performance review is to help you develop professionally. At the same time, the company will set goals for you to help it achieve its objectives. So at both an individual and corporate level, performance reviews are about future excellence as much as past accomplishment.If you help set your own goals, the chance of your meeting them will be higher. Think carefully about what you can realistically do to achieve your targets.Your action plan for professional development should provide answers to the following questions.What areas of your performance do you... view article details

Kendra wins Apprentice 3!!Another riveting season of 'The Apprentice' is over and has not disappointed with bigger boardrooms, louder candidates, and more innovative challenges. Reality TV buffs have long forgotten last season's winner and now turn their attention to the showdown between the Book Smarts and the Street Smarts. Along with the prestige of becoming president of one of The Donald's companies, this season's Apprentice will earn a hefty $250,000 yearly salary from Trump. But have you ever wondered what the apprentices are making at their day jobs? Perhaps it is more than what Trump i... view article details

Most job seekers understand the value and importance of a well-organized resume  but spend far less energy on crafting a strong cover letter. What they fail to realize is that resumes and cover letters go hand-in-hand.  Employers are very busy and receive hundreds of resumes leaving little time for individual review. Submitting a thoughtful and well-written cover letter can help you outshine your competition and get you one step closer to an interview. Don’t let the energy you’ve spent on developing the perfect resume go to waste by failing to deliver an effective cover letter.  Here we offer ... view article details

Q. I am the assistant to the president of a small consulting firm. Since I am at the top of my pay scale and receive excellent bonuses, what else can I negotiate that is not monetary, and how do I go about it?A. You pose a very interesting question, and you're in an admirable spot. What does one negotiate for when one is already paid well above market? Since you already know you won't be able to get any more money in base or incentive pay, you should decide what else you would really like. For instance, you might like to spend more time with your family, take a professional course, or attend a... view article details

We all have our guilty pleasures, and one that continually draws me in from my DVR is “House Hunters International” on HGTV. Each episode, viewers watch as the subject of the show gives up their life at home and travels thousands of miles to an international destination in order to buy or rent a new home or apartment. Those of us playing at home are sucked in through a game show angle, trying to predict which of the three choices will be the winner.This show makes me very angry for several reasons.They never seem to choose the “right” house.When the agent says it’s “a little over your budget.”... view article details

Performance reviews present an opportunity for employees to demonstrate their accomplishments and distinguish themselves and their value to the organization. It is important to maximize use of this critical tool, as it has significant impact on pay, professional development, and job security. Here are ten tips to make the annual performance review work best for you, while also making it easier on your boss to write you a terrific review: 10. Know Your Role During Performance Review If you are uncertain about any aspect of your job, seek clarification. A great place to start is a detailed list ... view article details

Performance reviews present an opportunity for employees to demonstrate their accomplishments and distinguish themselves and their value to the organization. It is important to maximize use of this critical tool, as it has significant impact on pay, professional development, and job security. Here are ten tips to make the annual performance review work best for you, while also making it easier on your boss to write you a terrific review: 10. Know Your Role During Performance Review If you are uncertain about any aspect of your job, seek clarification. A great place to start is a detailed list ... view article details