Recent reports regarding GM CEO Mary Barra's salary suggested she was earning half what her male predecessor, Dan Akerson earned. And while the latest reports note that GM has clarified that when Barra's total compensation of base pay, short-term, and long-term compensation is disclosed later this y...
How to Negotiate a $109M Severance Package
There's been a lot of press about Yahoo COO Henrique de Castro getting fired by CEO Marissa Mayer after just one year in the job. Much of the press revolves around his $109M severance package because people are dumbfounded by how anyone could receive so much money for failing. But let's examine th...
Average Pay Increase for 2014 Projected at 2.9 Percent
According to a recent compensation study by Mercer, the average projected merit increase for 2014 will be 2.9 percent, which is slightly higher than last year. As organizations look for enhanced ways to pay for performance, they are segmenting their workforce by high-performing as well as high-po...
Executive Compensation: Are You Being Paid Competitively?
The Association of Executive Search Consultants and Blue Steps recently conducted a compensation survey of 778 of their executive members worldwide, including 53 percent from the Americas, 35 percent from EMEA and 12 percent from Asia Pacific. Some of the interesting findings include: 26.5 perce...
Average Starting Salary for New College Grads Increases 5.3 Percent
Is your son or daughter currently in college or close to graduating? Good news. Salaries for recent grads are on the rise. The average starting salary for new college graduates earning bachelor’s degrees has increased 5.3 percent over last year, according to NACE’s April 2013 Salary Survey....
How the Top Tech Companies Compare for Salary, Benefits, Job Satisfaction and More
Payscale recently released a survey of the top tech companies comparing leaders including Apple, Facebook, Amazon, Google and others on salary, perks, job satisfaction and much more. Here are a few interesting findings: Most vacation time: Facebook (3.6 weeks) Highest median starting salary: Nvid...
Salary Negotiation: Are There Differences Between Men and Women?
The mechanics of the negotiation are the same for men and women, but the strategies often vary between the two sexes. Personality, style, and gender are all contributing factors that influence the outcome of the conversation. Here are four differences I have observed between male and female negotiat...
Career Advice, Rants and Funny Stories About Work: 2011 Recap
As 2011 draws to a close, I'm reflecting on some of my favorite blog posts of the year. Looking forward to sharing more job search advice, rants, and funny stories about the world of work in 2012. Happy New Year! Job Search Advice Common Interview Questions and What They Mean Resume Writing Tips ...
Six Tips For Uncovering Salary Information About a Job
Trying to gather some competitive data on salaries for a particular job function? Here are six strategies you can use to gather important salary information. Knowing your market value before you start interviewing will help you craft a sound negotiation strategy later on if you are selected for the ...
Are Salary Ranges Total B.S.?
Marketing Headhunter Harry Joiner seems to think so. And he has several great questions he recommends asking a recruiter when assessing the earning potential for a position including: What did the last guy make? Does the company feel like the last guy was underpaid or overpaid? Why did the previ...