Archive for the 'Compensation' Category

February 9th 2010
Double, Triple and Quadruple Your Compensation!

From Off The Treadmill. Posted under Compensation

Are you dissatisfied with your current job because you are not earning what you deserve? Create a Job Search Cycle of Success that will help you double, triple and even quadruple your compensation! Using Total Career Success University’s proven job search techniques and resources, you can:
  • Get the interview you want with a world-class resume;
  • Make your references work for you so you beat out the competition;
  • Network your way into the hidden job market and find better jobs faster;
  • Research more effectively so you get more job leads;
  • Plan, prepare, and strengthen your interviewing skills so you turn your job interviews into offer-winning performances; Continue Reading »

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January 28th 2010
The Confidential $100,000 Job Search? Watch Your Step

From John M. OConnor. Posted under Career Management & Compensation & Networking & Unsyndicated

When you have decided to make a career move at the executive or $100,000 plus job level issues impacting your search may be different than other jobseekers especially if you are still currently in an executive position. You must know the special issues that surround this kind of search.

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December 14th 2009
Should You Ask for a Raise?

From Career Coach Nancy Collamer. Posted under Career Management & Compensation

The end of the year is a traditional time for many companies to dole out raises and bonuses. If you're expecting to negotiate for a salary increase this year, you'll find this Harvard Business School blog post (along with reader's comments) quite thought-provoking. Here is a link to the blog, Can Nice Girls Negotiate? and corresponding audio piece. Feel free to share your thoughts on this subject here on this blog.

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December 9th 2009
How Can He Start New Year with the Salary He Deserves?

From The Career Doctor Blog. Posted under Compensation & Salary

Robert writes: As the new year approaches, I want to start earning what I feel I deserve. How can I get the salary increase and/or promotion that I feel that I deserve from my employer? Continue Reading »

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November 20th 2009
Think threatening to leave to get a raise is a good idea? Think again.

From dawnbugni. Posted under Career Management & Compensation

Today’s Careerealism T.A.P. question #382 prompted this post. You can go read the entire question here, but the gist of it is, “I’m underpaid. Should I threaten to leave to see if I can get more money?” Since I can only answer in 140 characters on Twitter, I decided to expand all the things wrong with this tactic here. This question netted a visceral response from me because of my recruiting background and I don’t like the threat game. Either do it or don’t, but don’t threaten actions to get your way. The list of 10 reasons not to accept counter offers (below) harkens back to my recruiting days. Nothing is worse for a recruiter than a candidate using the recruiter and the hiring company as pawns in a game to get more money from his current employer. Whether a recruiter is in the equation or not, threatening to leave to is NOT a good strategy to extort a higher salary. (Yes. I said extort.) Continue Reading »

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November 19th 2009
How to Ask for a Raise

From The Career Doctor Blog. Posted under Compensation & Salary

Shelly writes: I would really appreciate if you could please send me some examples about how to ask for a raise. I’ve been at my job for a year now and I am stuck on a few things. I pretty much have all of my ducks in a row and I know I deserve the raise but I really want to make it presentable and professional. Basically I’m looking for a jump start, maybe I should start with a cover letter introducing my specific proposal? What do you think? Anything would help. Continue Reading »

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November 18th 2009
Negotiating a six-figure salary? Don’t forget the perks.

From Sharon Graham. Posted under Compensation & Salary

Six-figure compensation is wide-ranging and due diligence is key to a strong salary negotiation. When your next employer asks, “What is your salary expectation?” Don’t be a deer in the headlights. Not only must you be able to express an appropriate salary range for the level of position you are holding, your total compensation should be reflective of your expertise, achievements, and years of experience. Continue Reading »

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October 27th 2009
How Many Requests to Include When Countering a Job Offer?

From The Career Doctor Blog. Posted under Compensation & Unsyndicated

Tammy writes: Your article on negotiating an offer package was extremely useful!! If you have time, I just had a few additional questions about a negotiation I am currently pursuing. I was offered a position that was only $1,000 more than my current salary, and typically I would try for a much greater improvement. However, since I have inside contacts, I know that the offer is about as high as they can go. They have already come up once, since I rejected an initial base offer that was below my current base salary, but I want to ask for a change in the bonus structure as well as a change in the job title. I simply want “senior” added to my title to more accurately reflect my experience in the industry. Should I pad the request letter with other requests as well? Since these are really the only two things that are important to me, I’m afraid they will get passed over in favor of other requests that are easier to meet.
The Career Doctor responds: Every organization negotiates differently and every negotiating situation is different. But you have a great advantage because you know people in the organization, so get their feedback about the corporate culture and this hiring manager’s views on negotiation. While you may think you have not done any negotiating, the employer may feel that when you rejected the initial offer, you basically made your point about the compensation. And generally speaking, job-seekers are allowed one shot at making a counter-proposal. Do not drag negotiations too long because there is often a secondary candidate waiting in the wings. So, talk to your contacts. My sense is that since the employer reacted so positively to your rejection of the initial offer, that you are highly desired — and that you have some flexibility to request a few modifications to the final offer. The key with a counter offer is to first show your willingness to commit to the employer if it agrees with your demands and then to document why your demands are reasonable and in line with the industry. Since the employer has already come up in salary, I would not ask for anything more in the counter offer than what you seek. And remember always to reinforce your unique and positive contributions you will make to the employer. For more hints, tools, and advice, go to this section of Quintessential Careers: Salary Negotiation and Job Offer Tools and Resources.

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October 6th 2009
The Skinny on Employee Compensation: It’s Getting Skinnier and What Does That Mean for Job Seekers?

From BSafani. Posted under Career Management & Compensation

beltOver the past few weeks I’ve been culling information from various compensation surveys, HR Magazine, and presentations by Mercer Consulting and ORC Worldwide to investigate compensation benchmarks for 2009 and trends for 2010.  Here’s what I have learned and what I believe to be the implications for job seekers. 2009/2010: Compensation Data: What’s Up? Continue Reading »

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September 4th 2009
Interview with Yvonne McNulty: Trailing Spouse & Expat Researcher Extraordinaire!

From Career By Choice. Posted under Career Management & Compensation & Research & Syndicated

I've been posting a bit regarding reports and research by international human resources management expert, Yvonne McNulty as of late. Through communications and reading all of her work, I'm convinced that there are probably very few souls on this earth that know more about the expat experience from a human resources management point of view than Yvonne. The discrepancies that Yvonne is regularly pointing out between perceptions of expats and their employers of the expatriate experience allow both expats and employers to make more informed choices about how they can leverage the expatriate assignment and really hear and speak to one another. All of us who work with the expatriate community owe a big THANK YOU to Yvonne for the incredible and important work that she has done and continues to do. I first became aware of Yvonne after I started working with spouses of expats and discovered her published survey, "Trailing Spouse Survey: Findings of a 4 year study of accompanying spouse issues on international assignments". It provided excellent insight into the challenges of what accompanying partners face whlle abroad and definitely influenced the development of my coaching programs. Following that publication, Yvonne has spoken all across the globe on managing expatriates and the dual career issue. She has published over 35 papers on these topics and continues to keep us informed of what is going on on the front lines of expatriate assignments from the expat's, their partner's and their employer's perspective. For those who manage expatriate assignments, Yvonne's work is a must read. In a previous blog post, "Words from an Expat Researcher: Expat Loyalty Shifting from the Company to the Individual" I shared some information regarding one of Yvonne's recent publications, "Measuring Return on Investment in Global Firms" in which she shares about the ROI of the expatriate assignment from the perspective of the expat employee. In this post I am going to share with you the compliment to this publication that Yvonne sent to me, "Do global firm’s measure expatriate return on investment? An empirical investigation of measures, barriers, and variables influencing global staffing practices", which is essentially looking at the expatriate assignment from the expat's employers perspective. And interesting read I recommend highly. There is no doubt that Yvonne will keep us up to date with the discussion around expat ROI as her research continues. But besides sharing her work, I also wanted to...

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