Rich or Poor, Offer Letters Are Still Necessary If you’ve worked at any level in the corporate world, you’ve probably received an offer letter of employment. As a teenager, your first job offer – babysitting, mowing lawns, washing dishes, waiting tables – was probably pretty informal. Ah, but that first official offer letter.Sure, things might have gone great on your interview. You’re 99% sure they’re going to give you the job. Hopefully you negotiated a nice salary increase. You can’t wait to tell your parents and friends. And HR even verbally said you got the position. But it wasn’t... view article details

Comedian John Ramsey has a humorous bit where he complains, “I’m tired of being treated as a second class citizen because I believe in unicorns. I don’t understand why unicorns are so magical, it’s just a horse with a horn. A seahorse exists and that’s 50% fish, 50% horse! I’m just talking about something that is 99% horse, 1% cooler horse.”In the working world (often at startups), there is some debate about whether unicorn employees exist and how much time you should spend looking for them when hiring. A unicorn employee has been described as an “A Player,” a natural leader that is highly ski... view article details

Q:  My title is Senior Web Editor at a growing Internet company in New Jersey. With a nearly exact match in responsibilities as indicated for this position in your Salary Wizard, my total compensation falls short of the median by $25,000. I have presented this information to my bosses who assured me they cannot match the Salary Wizard figures and told me I can go elsewhere if I need more money. But my question is, where are these places that are paying $75,000 for my skills? Nobody who I have spoken to in the industry is being paid that well. Are these the companies that are now out of busines... view article details

How to Counter A Job Offer To Get A Higher Pay In the world of salary negotiation, there’s an important word that comes up quite often: Leverage. By definition, it means using a situation or advantage to obtain a desired result, in our case, negotiating a higher salary. When you’re looking to gain leverage, it often comes as a result of having other options. Someone who already has a steady income in a job has more options than someone who has been out of work for 6 months with bills piling up If you have in-demand skills, such as a mobile software development, you’re going to have mor... view article details

Q.I was recently interviewed for a position of senior network analyst in Chicago. My current position is network administrator (MCSE W2K). The position I was offered was network analyst, reporting to a senior network analyst. They offered $69,000. Initially I had said I wanted $70,000, but I countered their offer with $73,000. The hiring manager rejected my counter. Basically they told me, 'Thanks, but no thanks' and took the original offer off the table. Did I make a mistake, and if so, what should I have done to correct it?A. Let me make sure I understand this correctly. You interviewed for ... view article details

Improving Businesses All of us practice project management in our lives, whether we know it or not. We are all involved in planning and organizing our everyday tasks, career, and work responsibilities. In the business world, project management is a high level skill, and a demanding career choice. Project managers are key employees in every industry and all types of companies, all over the world. Project Management itself is rapidly becoming one of the most important processes within a company. The number of PMs has risen considerably as companies have begun to realize the valuable benefits the... view article details

Types of Bonuses There are several types of bonuses. Some plans simply give employees a certain share of the company profits, or perhaps a bonus to the entire company. Other programs give incentives to individuals or teams to perform at or above certain thresholds. And a variety of cash and noncash awards are possible for certain types of achievements in some companies. You can even earn bonuses for being hired or getting your friend a job at your company. The following article details 10 types of bonuses that are typically seen in the workplace. What is Profit Sharing? One very basic type of ... view article details

With sites like Salary.com employees have access to the equivalent of a Kelley Blue Book for jobs. The availability of online compensation information has leveled the playing field between employer and employee when it comes to negotiation and job offers. Employers who are confident in their pay practices should welcome these new data sources, as they provide external validation that their compensation is competitive with the market.Before there was online salary data for everyone, disappointments and disconnects like these were common.* The irrelevant request. Employee: I need 10 percent more... view article details

Reason No. 1: Your Leadership Doesn’t Care Whenever people attend a cocktail party, invariably someone in the room will have an occupation that others will solicit for some (free) advice. Medical doctors are asked “Does this mole look cancerous to you?” Car mechanics are queried whether the “chunka-chunka” sound the engine makes means a new transmission is needed. And as an industrial/organizational psychologist, I get interrogated about “Why is my company such a lousy place to work? Why do I hate working there?” There can be any number of specific reasons why one’s work experience is l... view article details

Kendra wins Apprentice 3!!Another riveting season of 'The Apprentice' is over and has not disappointed with bigger boardrooms, louder candidates, and more innovative challenges. Reality TV buffs have long forgotten last season's winner and now turn their attention to the showdown between the Book Smarts and the Street Smarts. Along with the prestige of becoming president of one of The Donald's companies, this season's Apprentice will earn a hefty $250,000 yearly salary from Trump. But have you ever wondered what the apprentices are making at their day jobs? Perhaps it is more than what Trump i... view article details