Compensation SurveysPaying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That's why companies use market data to research the value of their jobs. But what is 'market data' anyway?To determine the prevailing rate for a job, companies can 'benchmark' jobs against compensation surveys that are detailed and specific to the companies' industries and regions. A good compensation survey uses standard, proven methods of data gathering and statistical analysis to determine how much com... view article details

Millennials: Why Are They Still Borrowing Money from Their Parents? By Tory Waldron They’re lazy, they’re entitled, they still live at home – leeching off their parents. Who are they? Millennials, of course. Well, that’s the perception anyway: a generation of “Peter Pans,” destined to never grow up, or move out. Are all millennials idle do-nothings, expecting trophies for just showing up? Or, could this simply be a matter of bad press and a lack of bigger picture thinking? Let’s explore what makes this tribe of 20 and 30-somethings tick (and perhaps put some of these stereotypes to rest). ... view article details

Additional insights from the 2006 Stay at Home/Working Mom study include:Working moms get less sleep.Working Moms reported getting only 6.4 hours of sleep per night, versus 6.7 for the Stay at Home Moms.The study suggests that in a week, the extra 2 hours that the Working Moms devote to their two jobs results in 2 fewer hours of sleep.Working Moms and Stay at Home moms both spend roughly 4 hours per week nurturing the emotional needs of their kids in the “mom job” of psychologist. The big difference appears to be in the “mom job” of day care center teacher, with Stay at Home Moms reporting an ... view article details

In a study by the American Society for Training and Development, more than 750 U.S organizations provided data about their expenditures on training programs as a percentage of payroll and on a per-employee basis. Here's how they compare by industry on several key factors.Business sector Commitment to learningServices (hotels; professional, business, and personal services; educational, legal, social, and consumer services)High percentage spent on training and a significant increase in the use of new learning technologies, including computer-based training, the Internet, and teleconferencing.IT ... view article details

I'm an involved dad and a dad blogger. So are a lot of my friends. That means we constantly seek to promote active and involved fatherhood, talk openly about parenting issues in general, regularly change diapers, cook dinners, do laundry, and we NEVER babysit our kids -- because dads are parents, not babysitters. And when we're not doing that, we're battling against deeply ingrained gender stereotypes and false representations that regularly paint women as natural born caretakers and men as uninvolved morons.This Father's Day, we've got a bone to pick with people.If you're not aware, Salary.co... view article details

Not Using Company Medical Benefits? Negotiate Other Perks Instead When it comes to the topic of negotiation, most people's main focus is on salary. As David Lee Roth reportedly once said, "Money can't buy you happiness, but it can buy you a yacht big enough to pull up right alongside it." However, an increasingly important factor in an overall compensation package is health benefits. According to a 2007 study by the Kaiser Family Foundation, since 2001 premiums for family coverage have increased 78%, while wages have risen 19% and inflation has risen 17%. In 2010 the OECD ranked the US #1 in t... view article details

From CNN Money and the compensation experts at Salary.com MONEY Magazine and Salary.com have unveiled an exclusive list of the 50 Best Jobs in America. MONEY and Salary.com started by analyzing government and private data on industry growth and compensation levels. But in an improving employment market in which workers are looking for more than just a paycheck, MONEY and Salary.com dug deeper, surveying 26,000 workers about their job satisfaction and grading careers based on factors such as stress level, flexibility, creativity and ease of entry into and advancement within the field. These ca... view article details

Some gentlemen prefer blondes. Some ladies will only date men of a certain height.The laws of attraction differ from person to person, but Salary.com recently surveyed readers to find out if the size of a person's paycheck is a determining factor when men and women are looking for romantic partners.We surveyed nearly 2,000 people regarding the role money plays in romantic relationships, and discovered some revealing information about how men and women view money and attraction.Money Matters More to Women When asked if the number of zeros in your significant other's paycheck mattered, ... view article details

Global demand for certified employees across industries is growing. Many companies now require specific certifications regardless of the education level and experience of potential employees. It has become a primary vehicle for screening applicants as it provides employers with measurable evidence that the applicant has the required knowledge base for the position.Take an example of being treated by a medical doctor. Who would you choose? A board certified doctor or one who has a medical degree but is not board certified? What about an elementary teacher for your child? Would you prefer a teac... 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