How to Negotiate Salary in a Recession

Negotiating salary always seems like the most stressful part of the job interview process. You want to make sure you are happy with what you are being paid while simultaneously not pricing yourself out of a great opportunity. Nevertheless, paying your bills and living a comfortable lifestyle are important factors when you think about the hard

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How the Charisma Factor Affects Executive Pay

Can mere economics explain the meteoric rise of CEO pay since the 1980s? If we liberate our minds from that warped construct known as “perfectly competitive markets,” then the answer is yes. As we’ll soon see, economics can even explain the effect of such disparate influences as government intervention and charisma. Taking nothing for granted,

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Should CEOs Still Get Big Bonuses After a Bust?

Give back that bonus! That angry cry has been heard for years from governance consultants and shareholders seething at the way some chief executives grow rich as investors suffer. Usually, such shouting is futile. Bosses defend their pay or simply ignore criticism. Either way, they keep the cash, perhaps agreeing to take leaner pay packages

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7 Things to Look For When Giving Out Raises

A Checklist of Attributes to Consider Before Handing Out Pay Bumps Know What to Look For So your employees want a raise? That’s understandable and expected. But do they DESERVE a raise? Too many employees only think about things from their own perspectives. But if you want to determine which ones are truly deserving of

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9 Tips for Establishing Pay Structures

Pay Structures 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

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9 Surprisingly Low-Paying Jobs

Careers That Pay a Whole Lot Less Than You Think That’s All They Make?! All through my childhood, I thought classroom teachers must make a million dollars a year. After all, look at how much they work both inside and out of the classroom. And consider the work they do — shaping young minds. These

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