Survey Results: How Has Our Readership Been Affected by Recent Layoffs? With the unemployment rate continuing to rise dramatically in recent months (now up to double digits in some states) Salary.com asked its users how they have been affected by the recent changes in the job market. We had over 4,000 respondents of which a larger than expected number answered they had been laid off in the last 6 months. Read on to see some of the trends.The national unemployment rate for January was 8.1% This means that nationwide 8.1% of employable individuals have reported that they are out of wo... view article details
The American Recovery and Reinvestment Act of 2009 incorporates several different initiatives designed to jump start the economy. In a recent survey we attempted to gauge how confident our readership is in the effectiveness of these initiatives.Tax Relief ($288 Billion) The largest section of the bill, Tax Relief received a favorable response from our readership. Regardless of party affiliation a clear majority had faith that tax incentives and tax breaks will have a positive impact.Health Care Reform ($147.7 billion) Health Care Reform showed striking - if not ... view article details
Apple is Swimming in Cash Late last month, Apple announced it has a mind-boggling $110 billion in cash reserves. Over at The Atlantic, a blogger decided to make sense of this information by translating the abstract sum into a concrete visual.Apple's cash reserves, it turns out, could fill 50 Olympic-sized swimming pools with $1 bills. I decided to take this logic a step further and look at how much space other sums of money would occupy. How much space would the average American household need to store its annual income? How many briefcases full of bills are needed to pay for a colleg... view article details
You Can Do Both Whether you’re joining a staff of twenty or just two, it’s simply expected that you will act as a team player when you’re hired. And for the most part, you don’t mind working with others—as long as you are also able to be independent. The thing is, sometimes it’s hard to keep your independent working style when you’re forced to work in a group. Here are some ways to join the team—but still be true to yourself and get ahead at work.4. Respectfully Voice Your Opinions It can be easy to lose your train of thought -- as well as your voice -- when you are in a meet... view article details
Employees versus independent contractors. Sometimes it's difficult to know what camp you fall into as a worker. But when you consider health benefits, compensation and tax purposes, knowing the differences between the two is an absolute necessity. But what exactly are the differences between employee status and being an independent contractor? Our salary expert, Jack Chapman, has your answers.Question: When am I considered an employee and when am I an independent contractor?Answer: You’re an independent contractor when you have services you sell to a company. The biggest difference concerns wh... view article details
The Olympics as a Moneymaker We've watched American athletes win gold (and lose gold). We've watched world records fall. We've found ourselves assessing equestrians and rooting for archers, unexpectedly enthralled by largely obscure events enjoying their quadrennial moment in the spotlight. But there is another element, beyond athletic excellence and national pride, framing and shaping the Olympic Games: money. Preparing the Host City Hosting the Olympics is a pricey proposition. The British government originally pegged the cost of the London Olympics at about $14.5 billion, ... view article details
at Is Dad's Job Worth? Working Dad vs. Stay at Home Dad Salaries For 2006 Salary.com has revealed that dads would be taking home a pretty hefty paycheck if they were paid an annual salary for the many 'dad jobs' they do for their families. Salary.com consulted with Stay at Home and Working Dads, and used the survey results to rank the top 10 jobs that make up a dad's job description. The analysis showed that if paid, Working Dads would rake in a total of $71,160 in addition to their day job salary, while Stay at Home Dads would earn $125,340 annually. See below for the top 10 most common ... view article details
If you're a fast-tracker striving for career advancement like a heat-seeking missile then this is a podcast you can't afford to miss. On this week's episode of Salary Talk, Aaron flies solo in this interview with Donald Asher, author of 'Who Gets Promoted, Who Doesn't and Why' and 'Cracking the Hidden Job Market,' who deals exclusively with career professionals who aren't happy unless they're earning a promotion every 12-18 months. You'll find out why raises aren't about past performance, being indispensable isn't a good thing and discover why talent is a distant second to timing. Asher's insi... view article details
Women earn less than men. Estimates vary, but a recent report by the Institute for Women's Policy Research put women's earnings at about 82 percent of what their male counterparts make. Many theories have been proposed to explain this discrepancy: Women take time off to raise families and thus don't increase earnings as quickly as men. Women tend to choose jobs in lower-paying fields. Sexism leads employers to offer women less money. Women are less aggressive negotiators than men. Now, a new study from the National Bureau of Economic Research in Cambridge, Mass. suggests the last factor may be... view article details
The flu has arrived, delivering its gifts of body aches, fevers, and nausea earlier and more generously than usual. As of the first week in January, 47 states were reporting widespread incidence of flu, according to the Centers for Disease Control and Prevention. New York state and the city of Boston, which has recorded 10 times as many cases of flu this year as at this point last season, have both declared public health emergencies in the face of the epidemic. States in the southeast and Midwest have reported particularly high flu activity.For employees, a bout of the flu means making an impo... view article details