Everyone Thinks About Changing Careers Most people have thought about changing jobs. But what if you’re someone who has been doing a job for what seems like forever? Someone with a truly unique set of skills? Someone like -- Santa Claus.Even those of us with great jobs occasionally wonder if the grass is greener. So it stands to reason the big guy in red -- who has been doing the same gig for quite a while now -- might be a little bored with dashing, dancing and prancing across the globe every Christmas Eve. But even if he could find someone else to make the toys, drive the sleigh and... view article details
A pay philosophy is a company's commitment to how it values employees. A consistent pay philosophy gives the company and the employee a frame of reference when discussing salary in a negotiation.The goal of a pay philosophy is to attract, retain, and motivate employees. For companies in the private sector, this usually requires a competitive pay philosophy. For companies in the public sector, this means a well-rounded philosophy, with a focus on benefits and work life.Companies attract, motivate, and retain through total compensationThe purpose of a good compensation philosophy is to attract, ... view article details
A company's pay structure is the method of administering its pay philosophy. The two leading types of pay structures are the internal equity method, which uses a tightly constructed grid to ensure that each job is compensated according to the jobs above and below it in a hierarchy, and market pricing, where each job in an organization is tied to the prevailing market rate.A company needs job descriptions for all its positions so that people know where they fall within the organization. A pay structure helps answer questions about who's who, what each person's role is, and why people are compen... view article details
Find Out Which Cushy Jobs Pad Your Wallet & Which Are Tough and Underpaid "They Get Paid How Much?!?" How many times have you come home from a rough day at work and thought to yourself, "I don’t get paid enough to do this stuff!" On the other hand, how many times have you had a really great day at work and thought, "I get paid for this? Seriously?" Okay, maybe not as often as you'd like. But the fact is, there are some relatively cushy jobs that rake in the big bucks, while some difficult, dangerous jobs still seem to draw relatively low salaries. In this article, I’ll discuss eight overpa... view article details