'Why would anyone want to put savings somewhere unsafe? But the fact remains that a large percentage of popular saving and investing vehicles provide no guarantee of earnings, nor even assurance that the original capital will be preserved.'     Saving your money in a safe place may seem like an obvious priority. Why would anyone want to put savings somewhere unsafe? But the fact remains that a large percentage of popular saving and investing vehicles provide no guarantee of earnings, nor even assurance that the original capital will be preserved. Those that do make such a guarantee are conside... view article details

The Olympics as a Moneymaker We've watched American athletes win gold (and lose gold). We've watched world records fall. We've found ourselves assessing equestrians and rooting for archers, unexpectedly enthralled by largely obscure events enjoying their quadrennial moment in the spotlight. But there is another element, beyond athletic excellence and national pride, framing and shaping the Olympic Games: money. Preparing the Host City Hosting the Olympics is a pricey proposition. The British government originally pegged the cost of the London Olympics at about $14.5 billion, ... view article details

A glance at the newspaper headlines in the past few months tells a disturbing story. Whether or not one uses the dreaded 'R' word, it's clear that more and more companies are reevaluating their workforce. Instead of worrying about your job security, be proactive and lay the groundwork in case you should need to find a job quickly. A little planning can go a long way if you are faced with an emergency job search.The following tips will help you prepare for an unexpected job search. At the same time, however, they are a great way to both update your network and assess your current situation.Netw... view article details

Not Using Company Medical Benefits? Negotiate Other Perks Instead When it comes to the topic of negotiation, most people's main focus is on salary. As David Lee Roth reportedly once said, "Money can't buy you happiness, but it can buy you a yacht big enough to pull up right alongside it." However, an increasingly important factor in an overall compensation package is health benefits. According to a 2007 study by the Kaiser Family Foundation, since 2001 premiums for family coverage have increased 78%, while wages have risen 19% and inflation has risen 17%. In 2010 the OECD ranked the US #1 in t... view article details

You are an entrepreneur and your company is you.  Your paycheck is the revenue generated from the services you provide your employer.  Like any successful business, you want to maximize your revenues and retain the customer – in this case, your employer.  This is achieved by providing high quality service and charging a fee that is competitive and worthy of the value provided.  Put simply, you want to get paid what you are worth. To accurately assess your fair market value, start with reliable employer-reported pay data like that found on Salary.com and follow these three steps: Match your... view article details

Tips for Negotiating Salary Even After You've Accepted the Job Offer When it comes to the intricate back-and-forth game of salary negotiation, there are many crucial points in the process where a misstep can trip you up and cost you thousands. It starts with the ominous "list your current salary" entry on an online form or job application, continues in the first interview with human resources, and could be brought up again by the hiring manager. One thing is for sure, once you've received an offer and agreed to accept the job at that level, there’s no going back. Or is there? A common scenario... view article details

The Big Game Is Just Like Your Career It’s no secret Americans love NFL football, especially considering more than 100 million people will tune in for Super Bowl Sunday. But even if you hate football or just watch the big game for the commercials and the nachos, there’s something you can learn from the quarterbacks involved. Things that can be directly applied to your career.4. You Need to Take Charge One of the defining characteristics of a quarterback is leadership skills. Against all odds, at the end of the game, great quarterbacks take charge of a situation and make thing... view article details

There are many hard and fast rules that a job-seeker can learn when preparing for a salary negotiation. For example, having the right mindset, the importance of doing research, and keeping compensation numbers open-ended, speaking in terms of salary ranges vs. naming a specific number.However, one of the more difficult aspects of negotiating a job offer is adapting your approach based on the personality of the person you are dealing with.There are three phases that you must master:Develop a negotiation mindset and learn the tips and techniquesPractice and role play with someone to simulate the... 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

How was your day at work today?Odds are, it was pretty routine. It doesn’t matter if you’re reading this on a Monday or Tuesday or Friday, chances are that you did mostly the same thing… answered a bunch of emails (that looked like the same emails you answered last week), went to some meetings, talked to your boss about that project, and maybe met with some clients. Routine.The problem with having a hamster-wheel routine, is that you look back in a few months or a few years and find that you’re stuck doing the same exact thing every single day.However, if you ask a mentor or an older professio... view article details