Compensation SurveysPaying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use market data to research the value of their jobs. But what is 'market data' anyway?To determine the prevailing rate for a job, companies can 'benchmark' jobs against compensation surveys that are detailed and specific to the companies' industries and regions. A good compensation survey uses standard, proven methods of data gathering and statistical analysis to determine how much com... view article details

It's Tough to Succeed When You're Sending All the Wrong Messages Your Personal Brand is Critical for Success Donald Trump. Martha Stewart. Mark Zuckerberg. Sarah Palin. Chances are you can think of a few things to say about each of them based on the impressions you’ve gathered about their personal brands -- however unconsciously -- complete with triumphs, missteps, and various forms of public humiliation and scandal. And depending on what those critically managed (not always successfully) impressions are, and by how many they are held, the lives and affairs of the Trumps, Stewarts and Palin... view article details

5 things you need to know about employment background checks Nowadays, Human Resource departments are facing a series of risks caused by carelessness. This is simply because some candidates are not reliable enough to take a position within the hiring organization. With senior management often spread thin, promoting the company's interests can become less evident. This can run the risk of people leaving the company to form their own, similar company – providing them higher salary and personal gain. So employment background check is an important step before salary negotiation.... view article details

Horrendous Resumes Actually Submitted to Hiring Managers So Much for First Impressions... Resumes and cover letters are often the first things seen by hiring managers and the deciding factors that determine whether or not you get a job interview. Armed with that knowledge, most people spend copious amounts of time crafting them, honing them, and even paying professionals to write it for them. And then there are those who don’t. The following examples will likely be difficult to believe, but there really are some people out there who give zero thought to how they come across to potential em... view article details

It Starts with the CEO Chief executive officers (CEOs) get paid lots of money for being the top employees in the company. Why do they get paid so much? Like athletes and actors, CEOs provide a level of talent that is required to produce the desired product - in this case, a strongly performing company. The skills and responsibilities that come with the job of CEO are extreme and the number of people who can fill these roles is limited. That is why the market has determined that people with these skills are worth a lot of money to their companies. Only about 20 percent of a CEO's pay is base... view article details

Being Able to Name Your Own Salary Might Sound Good, But It's Harder to Do Than You Think Picture yourself in the final stages of your job interview. Everything so far has gone fantastic. You've passed the screening of HR in the first round, met your future manager and totally connected, and have spoken with several other team members. The job is a great match for both your skills and your personality. The executive across the desk from you is thrilled, saying you're their ideal candidate, and is ready to make you an offer. The only thing left to talk about is salary. The mere thought of the c... view article details

Chief executive officers (CEOs) get paid lots of money for being the top employees in the company. Why do they get paid so much? Like athletes and actors, CEOs provide a level of talent that is required to produce the desired product - in this case, a strongly performing company. The skills and responsibilities that come with the job of CEO are extreme and the number of people who can fill these roles is limited. That is why the market has determined that people with these skills are worth a lot of money to their companies. Only about 20 percent of a CEO's pay is base salary; the rest is made... view article details

There has never been a better time to plan progressing your career. In today’s war for talent, there are more job vacancies than there are unemployed individuals to fill them. As for the future Marty McFly, a report by Dell Technologies estimates that 85% of the jobs today’s learners will be doing in 2030 havn’t even been invented yet. So whether your resolution for the new year is to enter the workforce for the first time, move into a more senior role, or make a lateral move, you should start strategizing now. But with so many possibilities, how do you know which path to take? In addition ... view article details

Don't Make Virtual Meetings a Bore You have to hold a meeting, but everyone who should participate is somewhere else. What should you do?Hold the meeting virtually.More than 20 million virtual meetings are held every year. Some 85 percent of projects now include remote team members and that percentage keeps rising. If you plan it right, a virtual meeting will let you accomplish everything you could with an in-person meeting. Here's a guide for doing that.7. Set a Goal As with any other kind of meeting, be clear on what you want to accomplish. Do you want to convey information... view article details

If you take a job in a small, publicly held company, should you expect to earn less than at a large, public company? The surprising answer is no. Compensation survey data shows that a person working in a company with, say, $50 million in annual revenue should be making the same amount as a person doing the same job in a company with $500 million in revenues. 'The overall job market, not the size of the company, determines the value of the job,' said Erisa Ojimba, compensation consultant at Salary.com.Executives' pay may be the exception, she said, because of the mix of executives' pay in small... view article details