Q. I have been working for a company as a cooperative learning experience for eight months, even though I'm not a student but a recent graduate. (I needed the experience.) Now I am being offered a one-year contract, and have learned I am grossly underpaid. Can you give me some resources to justify not only my market value salary, but also what percentage health, 401(k), and vacation time adds to my base cash value? Since I will be a contractor, which adds risk, I feel this should be calculated into my total value as well as the out-of-pocket expenses I will pay without benefits. I feel I can n... view article details
Q. I am working as consultant for a company and have been asked to join as an employee. How does the fee I receive as a consultant relate to the salary I would get as an employee?A. The answer depends on two things: the way you're currently charging the company; and the role you're being asked to take on as a full-time employee.First, there is the matter of expenses. Consultants typically work off site and are on company premises principally for meetings. Such consultants may charge their customers fees that cover overhead in addition to the fees for the services being performed. Consultants' ... view article details
People say college is the best time of your life. For some, it's the thrill of being in a basketball arena or football stadium surrounded by tens of thousands of rabid comrades ready to scream their way through a rivalry game. And for a few others still, it's that meal plan that lets them gobble down 5 slices of pizza, 7 cookies, and 2 fruit cups, all with a swipe of their student ID. But everyone has one common memory: classes, where they could join their peers in learning from great professors. Perhaps you are considering returning to college as your own career progresses. People may think c... view article details
Mortgage Size The first and biggest hurdle to buying your own home is money. Few buyers, if any, try to buy a home without financing because it just doesn't make sense. In addition to the relatively low price of credit in America, why would anyone pass up substantial mortgage interest tax relief? Then there's the opportunity cost. Even the most financially secure among us won't want to tie up hefty capital in real estate when it could be spread across several investments in a diversified, well-planned portfolio.Typically, home buyers pursue a loan in amounts of 80 or 90 per cent of the purch... view article details
The Bureau of Labor Statistics reports that health care is expected to generate more new jobs than any other industry over the next several years. As Baby Boomers age there will be a need for more home health care services, residential care facilities and nurses to staff them. Medical group practices and integrated health systems are predicted to become larger and more complex, resulting in an increased need for office and administrative support workers. High job turnover, additional anticipated retirements in the industry and the slowing number of foreign healthcare workers being allowed to e... view article details
When you think of introverts, vocal power may not be the first thing that comes to mind. Yet, you have the potential to express yourself with your voice fully and authentically—regardless of whether your greatest source of energy is cocooning or mingling, and whether your voice is typically soft or loud.In this two-part interview (read part 2 here), I invited Barbara Rubin, a theater director as well as a dialect and vocal coach for stage and film, to tell how to get the most from your speaking voice. Rubin and I have collaborated over the years in different arenas, each of us wearing differen... view article details
The Beam family has preserved their reputation as dedicated and accomplished distillery owners, bourbon crafters, and businessmen for more than 200 years. Jim Beam’s quality bourbon has been in production since the 18th century and prevailed through prohibition. Seven generations later, the Beam company continues to evolve with the help of their determined employees. If you ask Marvin Stone, maintenance supervisor at the Booker Noe plant in Kentucky, he will tell you that Beam’s supportive environment is an essential piece to the companies success. “I have never worked anywhere before where th... view article details
Has America's Relationship with Work Shifted? America is a country that has long prided itself on sweat, determination and hard work. We love stories about people putting in the hours, working harder than everyone else, and pulling themselves up by their bootstraps to enjoy financial success. Historically that’s been true, but is it still the case?This country has changed dramatically over the years, but we wanted to find out if Americans still value work the way they used to. So we sent out our “Working Study” survey, and nearly 3,000 of you answered. Do we live to work as our grandp... view article details
No One Knows Blue Collar Jobs Better than Mike Rowe At one point or another, you've probably seen someone performing a "dirty" job and said to yourself "You couldn't pay me enough to do that." But Mike Rowe, host of TV's Dirty Jobs, gets paid to do exactly that. And, in an interview with Salary.com last week, said he thinks more people should follow suit. Rowe says America is in the midst of a skilled labor shortage, as hundreds of thousands of available blue collar jobs go unfilled because workers lack the necessary training. But even more upsetting, Rowe said, is the attitude of many Amer... view article details
It might not be fair, but the way you look plays a part in how much you’re paid. Looks Do Matter Discriminating against people based on their physical appearance is wrong -- both morally, and in many cases, legally speaking. The way you look usually has no bearing on how you’ll perform in your job, and in a perfect world everyone would be judged solely on his/her merits. But the harsh reality is this isn't a perfect world, and discrimination -- whether intentional or inadvertent -- still plays a role in the workplace. And while it should never be condoned, job seekers and employees need to be ... view article details