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

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

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

Q. I was hired four years ago as a desktop technician for a Fortune 500 company. Since then I have skyrocketed up in the company, and I have been getting spot bonuses (of $1,200) and salary increases of about 9 percent a year.However, since I was hired as a desktop tech and was given a competitive salary for that field, I've since become a major software/Web developer for the company. For the past two years I have been doing client/server development, but for the salary of a highly paid desktop tech, which is much lower.My manager just walked into my office and told me I was now classified as ... view article details

Whether you're already an executive or just an aspiring big cheese, it's never too early to begin studying the sophisticated art of negotiating executive compensation. Only executives are eligible for many types of perks and benefits - if you disagree, try asking for your own jet. And executives often have access to data sources that are harder for other employees to use, or less relevant. But you may be surprised to learn that some of the methods for negotiating executive pay can work just as well for you as they do for the senior VP whose salary continues to rise while everyone else worries ... view article details

Whether you're already an executive or just an aspiring big cheese, it's never too early to begin studying the sophisticated art of negotiating executive compensation. Only executives are eligible for many types of perks and benefits - if you disagree, try asking for your own jet. And executives often have access to data sources that are harder for other employees to use, or less relevant. But you may be surprised to learn that some of the methods for negotiating executive pay can work just as well for you as they do for the senior VP whose salary continues to rise while everyone else worries ... view article details

Let’s face it. People get to a point in their careers when they want to see more dollar signs. If your chosen profession isn’t paying as handsomely as you’d like, it might be time to consider a career change. This kind of professional shift typically means going back to school, but the return on investment may be worth your time. Based on Salary.com data, we've provided 10 jobs that tend to pay out over $75,000. We’ve also included job descriptions for each one so you can start to evaluate whether a career change may be right for you. 1) Web Software Developer: $78,653 A Web Software Develop... view article details

The Top 9 Hottest Jobs during the Pandemic Affected by the outbreak of COVID-19, businesses of all shapes and sizes are finding it difficult to operate smoothly. Many employees find themselves out of work due to social distancing and others have transitioned to a work-from-home model and are relying on technology and the internet to collaborate with colleagues and get things done. Not surprising, internet-related hot jobs are in suddenly in great demand during coronavirus outbreak. If you are looking for a new job and have the skills and knowledge needed, the time is right f... view article details

Many employers will be conducting their annual “focal” reviews over the next few months, which in layman’s terms means the time in which you sit down with your boss and go over your achievements against goals. For most people, it is an uncomfortable conversation that produces as much anxiety as going to the dentist or asking for a raise.For the majority of companies, the annual review is the only formal conversation employees have with their boss about their performance and usually ends with an overview of an employee's new compensation package such as merit increase, bonus payout and stock gr... view article details