Q. Would you discuss the risks of promoting a deserving employee (title change) but not increasing salary due to current economic conditions?A. A promotion is when an employee is moved into a job with greater scope and responsibility than his or her current job. Promotions in and of themselves do not mean a monetary increase in salary. But in general, companies adjust salaries with promotions when the monetary value of the new job is higher than the value of the job the incumbent currently holds.It is understandable that a company might not be able to afford to offer an employee more money in ... view article details

These Careers Are Worth the Price of College Admission Is College Still Worth the Money? Maybe. As the cost of education continues to skyrocket and job prospects remain less than robust in a tough economy, the answer to the question, "What are you majoring in?" seems more important than ever. There’s no getting around it. Education is expensive. A four-year degree at a public university costs, on average, $37,343, while an education at a private school will set you back $121,930. While statistics show that a college degree will undoubtedly open doors and increase your earning potential, you... view article details

These "Worthless College Degrees" Might Make You Happy, But Fail the Tuition ROI Test College: Is it Worth It? What's more expensive than going to college? Until recently, the answer was easy: not going to college. Numerous studies over the years have shown that individuals with college degrees significantly out-earn those with high school degrees by $1 million or more over the course of a lifetime. But as the cost of education increases faster than inflation, people are beginning to question how they spend their education dollars. As student loans hit the $1.5 trillion mark and more and mo... view article details

Figure Out Which of Your Employees Are Causing a Problem Interested in good employee morale, team chemistry, and improved retention. Then you'd better realize your employees don't have to be best friends, but they do have to at least get along for productivity's sake. Quality coworkers can be the reason some people stay at a job, while horrible colleagues can make every day in the office a living hell from which they'll almost certainly want to escape. If you’ve spent any time managing employees, you’ve no doubt experienced a cornucopia of annoying workers. But have you ever wondered which one... view article details

A company's pay structure is the method of administering its pay philosophy. The two leading types of pay structures are the internal equity method, which uses a tightly constructed grid to ensure that each job is compensated according to the jobs above and below it in a hierarchy, and market pricing, where each job in an organization is tied to the prevailing market rate.A company needs job descriptions for all its positions so that people know where they fall within the organization. A pay structure helps answer questions about who's who, what each person's role is, and why people are compen... 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

Firefighter Ranked #1It turns out that making a lot of money doesn't necessarily make you sexy. In a recent poll conducted by Salary.com, firefighter hosed down the competition and won the title of 'sexiest job' with 16% of the nearly 5,000 votes. These brave, uniformed public servants lit it up over other high paying jobs like doctor, lawyer, and Chief Executive Officer. Take it from the wife of a firefighter: 'How could you not find it sexy when a person is willing to risk his life for another's; literally walk through fire? You can't put a price tag on that. It is not just a job to them, bu... view article details

What are the Most Stressful Jobs in America? “My job is SO stressful!” Most people think they have the most stressful job – that’s only natural. And without a doubt, almost every job has unique brands of stress. But let’s face it, there are some jobs that are just way more taxing than others. What are the most stressful jobs? We did a bunch of research on stressful occupations and there are tons of opinions. Many publications publish annual lists on the topic, and some even reach out to experts who examine factors such as hours, working conditions, and consequences of mistakes. We examined... view article details

What If Moms Were Paid? Maybe it’s an increased commitment to battle the gender wage gap, the rise of female breadwinners, or women heeding the call to “Lean In.” But whatever the reason, Salary.com’s annual “Mom Salary” survey was more popular than ever and created some great insights in 2014.But before we begin, we need to stress something. This is not an exact science, nor is it meant to be. We understand no one survey could ever truly encapsulate what a parent does, and many mothers disagree that what they do is a job. We don’t do this to demean or devalue mothers – quite the oppo... view article details

Be Sure to Consider Your Entire Compensation Package When Negotiating Employer Won't Budge on Base Pay? Try Elsewhere You’ve gone through several rounds of interviews and have finally landed the job of your dreams. The problem is; your dream job doesn’t come with a dream salary. But before you pass on the position, there are many non-salary benefits that you can negotiate. Combined, they might make your potential position seem quite palatable. The good news is these benefits come at a low -- or no -- cost to your company. Here are the top ten benefits that you can and should ask for during ... view article details