You Bought the Compensation Analysis, Make Sure You Understand It It is important to understand the terminology used to express the statistics presented in compensation analyses. The terminology used expresses both the nature of an employee's pay and where the levels of pay fit within the continuum of the employee's peer group. Making the most of your answers can involve any of the following: Interpreting Your Answers Base(Base pay) The fixed portion of compensation paid for an employee's fulfillment of a job's essential functions. Base pay does not include differentials, premiu... view article details

Why an Employee's Salary May Be Higher Than Reported by Our Compensation Reports You're an employer who has market-priced your open positions and employees. Perhaps you used our Salary Wizard Professional tool (SWP) to do so and found that you have an overpaid employee on your hands. Before you take any drastic action, there are a few important things to remember when it comes to employee compensation. There are a number of reasons why an employee's current compensation may be higher than the market data in the Salary Wizard. Please remember that being higher than the market numbers shown does... view article details

Q:  I am working on my associate degree with a double major in purchasing/business management. I have been a co-op student with the same company in the procurement department for a year and a half, and have just finished my co-op requirement. I really enjoy working in this field. I have a background in accounts payable, personnel, and office administration.The company doesn't have a position available for another buyer, only the co-op position. I keep hoping they will create one just for me, but that is unlikely. My purchasing manager is allowing me to stay as long as he is allowed to keep me.... view article details

Do you have a copy of your job description at your desk? Have you ever seen your job description? Does it accurately reflect what is expected of you?Job descriptions play a vital role in your compensation, because employers decide what to pay people based on the value of specific skills. Add up the list of responsibilities in your job description, and you should get the totality of your expected contribution in both qualitative and quantitative terms. Without a written job description, you and your employer cannot accurately measure your worth on the job.A job decription should state the overa... 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

Recommended Part-time Jobs during Coronavirus Outbreak Even in good health, coronavirus has undoubtedly impacted your life in some way, shape, or form...and possibly through unemployment. Have no fear, as long as you have the ability and skills, you can earn extra income even through these trying times. Here are the most popular part-time jobs to look into during coronavirus outbreak. Choose a part-time job which suits you best and start earning money during the coronavirus outbreak. Job1: Supermarket fresh delivery staff Job description Supermarke... view article details

Design Matters Whether you consciously think about it or not, design has an influence on the decisions you make every day -- the phone you use, couch you purchase, shoes you wear, and websites you visit. Why is it then, that the concept of design still seems to be in the dark ages when it comes to job-hunting? Many people think that great design is too expensive, but my feeling is that design is an investment.If you've got the knack for it, it's worth it to take classes and become skilled with the latest software. If it's not your thing, find a designer you enjoy working with who unde... view article details

Q: Hello, you don't know me, but I saw your profile on Salary.com. You look so happy in your picture and I would love to see myself so accomplished in the near future! Do you have any advice for a hard working creative woman like me? I've been designing and managing at the same stable, but unfulfilling job for the past 8 years. I need a kick in the a** to make a move to senior management ELSEWHERE, but I have little time with a toddler underfoot? Please help!Heather: What a compliment! Thank you. But make no mistake, that photo was cropped to exclude unfinished laundry, a carry-in dinner and t... view article details

How Older Workers Can Better Overcome Obstacles to Getting Hired Older Workers Have a Tougher Time Getting a Job While the U.S. job market continues to make slow but steady gains, finding a job in the current economy is still challenging. All job seekers today face significantly more obstacles than they did a decade ago, but those over the age of 50 have a few extra hurdles to clear. According to a recent survey done by ExecuNet, a member organization for senior-level executives, a Vice President over the age of 50 takes 20% longer to get hired than a 41- to 45-year-old at the same level. W... 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