Salary Benchmarking Is a Vital Tool When Hiring Employees Salary benchmarking, also called compensation benchmarking, is the process by which internal job descriptions are matched to external jobs with similar responsibilities to identify the market rate for each position. When creating a new position complete with job responsibilities and a corresponding salary, it is important for those working in human resources to perform these market assessments and salary comparisons efficiently and accurately. Many factors such as geographic location, company size, and education level factor into th... view article details

Q. My boss has cut back my hours because of budgetary concerns, yet she has 'found' the money in her budget to get her two college-age daughters part-time work in our department (human resources), as well as odd jobs in other departments. She also hired friends of hers. I learned that one of her friends got a raise when the rest of us didn't, even though the friend had just started working here. I have always worked very hard, often working through lunch hour without asking for overtime. Lately I've started sending out my resume. Is there anything else I can do?A. Unfortunately, there is no la... view article details

Let Common Sense Dictate Your Sick Leave Policy Depending on the philosophy your company takes, the issue of sick leave can be pretty contentious. Do you keep your sick days separate from other time off? Do you hire someone specifically to track it? Or do you lump sick leave and vacation days into one big bucket labeled “paid time off?" Do you allow workers to bank sick time and get paid for it, or is it “use it or lose it?” And that’s not even considering short- and long-term disability for workers with chronic illness. Sounds complicated, doesn’t it? But the good news is there’s a solu... view article details

How to Set Career & Salary Goals You Can Achieve This Year New Year, New Goals Everyone knows the beginning of the year is the time for setting goals. Lose weight! Get in shape! Spend more time with friends and family! It’s also the time to set goals for your career. If you do, there’s a good chance you’ll become rich. Didn’t you hear about that study on goal setting? In his book What They Don’t Teach You At Harvard Business School, Mark McCormack tells of a study conducted with new graduates from the 1979 Harvard MBA program. In that year, the students were asked, "Have you set clear, writ... view article details

How Masks Can Protect You against the Coronavirus At this point in time, the novel Coronavirus epidemic has impacted the entire world. Despite the pandemic's seriousness, many new hires have started work during the outbreak, so maintaining your new employees' health should be your first priority. Governments around the world are taking precautions to prevent the disease from rapidly spreading through quarantines and temporary closings of businesses. One method of health maintenance that's proven to be cost-effective and easy-to-do during these trying times is wearing masks. ... 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

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

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

Network = Net Worth Author Porter Gale may have spelled it out most clearly: Your Network is Your Net Worth. If you could isolate only one single factor to determine career success, from landing your very first position to advancing up the corporate ladder and even helping when things aren’t going well, it’s having a solid network in place.Networking is about making connections and building enduring, mutually beneficial relationships. It’s a vitally important skill, yet one that still mystifies many people.Let’s take a look at 5 networking tips from industry experts.5. Change From a "... view article details

Don't Hate, Appreciate! The first Friday of March is Employee Appreciation Day. But do you feel appreciated?This 'holiday,' established in 1995, serves as a day to honor workers across the country. After all, National Bosses Day is celebrated in October, so it’s only fair the rank and file employees have their moment in the sun as well. That’s why it doesn’t matter whether you scrub toilets or if you’re a budding advertising executive on Madison Avenue – Employee Appreciation Day is about recognizing people for a job well done. Every job and every worker.The question is how should you... view article details