One of the worst pieces of advice I’ve heard told to job seekers, is to wait until the offer to discuss compensation. The rationale behind this being that if an employer is interested in you, they will be more open to negotiating. This is advice that has been widely accepted and continues to be promoted […]
Compensation is a big word with many parts to it. There’s your base salary, bonuses, vacation time, retirement, health and wellness benefits, perks like free parking, cell phone discounts and more. Typically, most cling to the base salary and for good reason. This is your paycheck. This is what you’ll be bringing home to pay […]
#1 – You Need to Get Your Boss to Agree to the Idea of a Raise First I never suggest anyone go in and just ask for a raise. Why? It blind-sides the manager. You are a business-of-one who is selling it’s services to a customer (your employer). Announcing you want a raise is […]
In their new book, Happy Money: The Science of Smarter Spending (Simon & Schuster), Elizabeth Dunn and Michael Norton (professors at the University of British Columbia and Harvard Business School, respectively), offer five key principles to help us get more happiness out of the money we spend — principles which also help companies create happier […]
Providing salary requirements is a troubling part of the interview process for many job seekers. They don’t want to: A) Price themselves out of the job. B) Come in too low and leave money on the table. The solution? Offer a range. First, Have a ‘Walk-Away’ Rate (click here)