Personal Budget Planning Builds Household Wealth  To some people, 'budget' is a dirty word. In reality a budget is just a schedule of income and expenses, a way of documenting how much money comes in and how it should sensibly be spent. There's everything to gain from sticking to a budget, but adhering to a budget is difficult for many people because it usually means denying cravings and luxuries beyond reach.Well, after all, that's the point of a budget.What percentage of your income goes to housing every month? What goes to entertainment? Knowing those spending ratios is a valuable tool to ... view article details

The rise of technology has led to growing concern over surveillance in the workplace. Monitoring employee productivity is not a new trend, but tech has given new breath to Orwellian skepticism about who is watching and listening – and to what extent. In many cases, surveillance policies are addressed in the onboarding process, but it’s important to be aware of the basic legalities and modern trends involved. Workplace Privacy: Legal Basics In the U.S., The Federal Privacy Act and Electronic Communication Privacy Act each address privacy rights at large, but there are no federal laws which expl... view article details

Interview Basics  Despite the etiquette, formality, and inevitable fear factor, job interviews can actually be enjoyable as well as extremely informative. In an interview, where you and the prospective employer begin a mutual relationship based on observation and communication, you have just as much power as the interviewer. So forget the high stakes and have fun.The focus for both sides should be on the immediate benefits you can add to and get from the company. Use examples; emphasize thought processes rather than results; and turn negatives into positives.Research, research, researchBe read... view article details

Creative Approaches to Layoffs  It's the classic layoff problem. Relief from bottom-line pressure on the one hand; and low morale, bad publicity, and the loss of talented employees on the other. In the face of an economic downturn they believe to be temporary, companies need to be resourceful in looking for alternatives to the traditional layoff. In the past, some large employers forced to layoff workers have pulled together some very creative approaches to this dubious issue. Consulting powerhouse Accenture announced a voluntary sabbatical program known as 'Flexleave.' Offered to about 1,400 ... view article details

Working in a nonprofit organization brings both material and nonmaterial rewards. Although some nonprofit organizations do not pay (or are unable to pay) market wages, the benefits of working in a nonprofit often outweigh the drawbacks for many employees.In the United States, nonprofit or charitable organizations such as foundations, churches, arts organizations, universities, and even some hospitals, are exempt from federal income taxes. Although the range of their services is rather broad, these groups have in common a mission to provide a benefit to a constituency that is more important tha... view article details

Typically, employees have performance reviews once or possibly twice a year. You might have a performance review after your first three months in a new job, to make sure it's a good fit. If it has been more than two years since your last performance review and your last raise, you are probably overdue.Some companies schedule everyone's performance review at the same time, for example the end of the calendar year. Others conduct performance reviews at employees' anniversary dates. In either case, make sure your review happens. If your company seems to be dragging its feet, take the initiative t... view article details

Q: I am the IT manager at the local newspaper. I had no experience and settled for a lower wage than the position should have paid. I now have been here two years and am wondering whether I should ask for the salary your site and others say I am worth. I have a two-year degree in information management, and an A+ certification, and I'm working on my net+. I am the network administrator and implement and troubleshoot all their software systems. It's much more work than they first described. To get me to the average in our area they would need to give me a $20,000 increase.A: Even after two year... view article details

Everybody with a credit card knows it's smart to pay what you owe at the end of every month - right? According to CardWeb.com, an international credit card tracker, credit card debt is approximately $9000 per household for those carrying at least one credit card. Internet shopping increases the temptation to overspend, since cash or checks are rarely an option if you're online to shop.Holiday spending is a notoreous time when consumers rack up their credit card bills. According the Cardweb.com, Americans racked up just over $115 billion in retail spending on their credit and debit cards during... view article details

Q: I used your Salary Wizard and other sites to come up with a market value for myself. I found that I'm worth between $42,000 and $45,000 (I'm making $35,000 in base salary). When I approached my employer for a raise, he seemed extremely surprised and thought my numbers were too aggressive, and that my current salary is about right. He is going to do some research of his own and talk to me in a few days. How do I nicely get the point across that they're paying me too little? Am I wrong in my findings? What am I missing here? I'm very confused.Also, considering this, when my boss offers me a l... view article details

Q. My annual performance evaluation was conducted in February. My position was newly created, and no salary survey was conducted. I moved into this position from an unrelated one within the same company. I've surpassed all of the job duties in my job description, and have often been recognized for my excellence. I received a 10 percent bonus at my evaluation, which I expected. The median raise throughout the company was 7 percent.Since then, I've taken on more responsibilities, worked extra hours at home (without charging overtime) and discovered that a male counterpart (performing at half of ... view article details