Failure to Adapt to the New Working World Will Leave You in the Unemployment Line by 2020 Times Are Changing While the year 2020 may feel futuristic, in reality it's just around the corner. Will your career be prepared to fly into orbit, or will it stall on the ground? We’re predicting 10 global trends we believe will shape the future workforce. In addition, we'll share tips and hints that help you plan for and respond to these trends. Read on to make sure you'll be considered relevant and not a relic. 10. Global Talent Seeking As countries continue to invest in emerging economies -- spec... view article details

Office Holiday Parties Can be Minefields With its booze, year-long pent-up emotions towards co-workers, the specter of organizational politics, various inter-office rivalries and the 'secret' cubicle farm romance everyone knows about, the annual company holiday party has all the explosive potential of an open fire in a dynamite factory.That hasn’t slowed the party train yet. New data from Challenger, Gray & Christmas, a global outplacement consulting organization, indicates more companies are holding holiday celebrations this year. Despite economic uncertainty, 72.4% are planning to p... view article details

Q. I keep hearing and seeing salary surveys that say I should be making about $10,000 to $20,000 more than I am currently making, but I find it very hard to compare when you take in all the factors of cost of living, profit sharing, medical benefits, and working environment. Is the grass greener elsewhere?A. Companies normally focus on the total rewards package they deliver to employees rather than on base pay alone. Total rewards include compensation, benefits, and work/life balance programs such as flex time and telecommuting.The average merit budget for most companies hovers around 4 percen... view article details

Just like an interview, a job offer can tell you a great deal about a potential employer. An offer can reveal how serious the employer is about the offer, how valuable you are to the company, and most importantly, whether you should make the move. Jobs are customarily offered over the telephone or in person. The employer should offer more than just, 'Congratulations, you've got the job.' He or she should explain the offer in detail and answer your questions. It is appropriate to respond to a job offer within two to four days, so in the meantime, check out Salary.com’s Job Assessor tool, which ... view article details

Productivity bonuses have their roots in the days when manufacturers rewarded hourly workers for speeding up their work pace. For instance, a worker who finished rolling 100 packages of shrink-wrap would earn a productivity bonus because an increase in personal efficacy meant a greater rate of output - and more profit - for the company.No longer confined to hourly workers, productivity bonuses are now being used throughout the payscale as rewards for performance and efficiency.In a survey of 783 employees across diverse companies, 20 percent of executives said they are seeing productivity rewa... view article details

Most of us loathe the very idea of doing our U.S. personal income taxes, not because we expect to get fleeced each April 15 (or 16) but simply because we don't know an adjusted gross income from a standard deduction. For the many tax code illiterates among us, Salary.com has combed through the Internal Revenue Service website, taking inspiration from Sarah Young Fisher and Susan Shelly's book The Complete Idiot's Guide to Personal Finance, to come up with a checklist that may help simplify your tax-filing experience. Taxable and nontaxable income To get things started with the very basics, bel... view article details

Cash compensation comes in two forms: base salary and variable pay. As the term implies, cash is any type of compensation paid in the form of a bank check or direct deposit into your bank account. But what does cash compensation for doing your job really mean? Base Salary Base salary is a cash payment from the employer in exchange for your performance of your job. For most role, base salary makes-up the largest proportion, about 85% on average, of an employee’s total cash compensation. Base salary represents a fixed cost to the company, and the total cost of all employee’s base salaries are of... view article details

Cash compensation comes in two forms: base salary and variable pay. As the term implies, cash is any type of compensation paid in the form of a bank check or direct deposit into your bank account. But what does cash compensation for doing your job really mean? Base Salary Base salary is a cash payment from the employer in exchange for your performance of your job. For most role, base salary makes-up the largest proportion, about 85% on average, of an employee’s total cash compensation. Base salary represents a fixed cost to the company, and the total cost of all employee’s base salaries are of... view article details

Current statistics show that, overall, women make 85 cents for every dollar a man makes. But what about in sports? When it comes to compensation, the sports world offers a lot of fascinating trends – huge, multi-year contracts, endorsement deals, and constant media attention amplifying athletes’ brands. Unfortunately, we associate these things almost exclusively with men. Even just 50 years ago, women playing sports recreationally was not widely accepted in American culture. Three Statements Often Used to Explain the Sports Pay Gap We see frequent explanations of why the gender pay gap in spor... view article details

A few years ago, the Internal Revenue Service challenged the tax deductions a college professor took for losses he reported in his business as a book author.'They came in and said, 'OK, prove to us it's a business,'' recalled Joseph Newpol, a certified public accountant and tax attorney who advised the professor on how to deal with the IRS's scrutiny.'We showed them the history of his book writing activity and demonstrated that he didn't have income for several years,' recalled Newpol, who is also a professor in the tax and personal financial planning department at Bentley College in Waltham, ... view article details