Do you feel you’re paid what you’re worth? If not, preparing to ask for a raise can be a daunting process. But, with a few simple steps, it doesn’t have to be.
SalaryExpert Blog - Salary news and advice from compensation experts
The merits of merit pay for teachers should be discussed by experts on merit pay and pay for performance. Politicians, parents and other interested parties all have a lot to say about the topic, but the opinions of compensation professionals is often overlooked.
New Orleans after the Oil Spill and Katrina: Salary Levels for the Fishing and Construction Industries.
It is timely to look at the April 2011 salary levels of representative jobs in two industries most affected in New Orleans by the Oil Spill and Hurricane Katrina: Commercial Fishing and Building Construction (including residential and commercial construction).
What salary levels can be expected for key jobs in the health care industry? Since the health care industry is going through transformation due to legislative reform, as well as increased merger and acquisition (M&A) activity, certain jobs will increase in demand and their salary levels will be impacted as a result.
Wall Street firms cash bonuses (includes cash incentives) have swiftly declined since 2006 as reported by NYC Comptroller, Tom DiNapoli, over past few years through press releases:
While unions have a significant impact on wages as well as overall compensation and benefit levels, the size of the impact is influenced by occupation, industry, employer size, and geographic region. The 2010 annual report on Union Members prepared by the Bureau of Labor Statistics (BLS) shows current union membership rate at about 12% (14.7 million members), but there is a huge difference in the degree of organization by type of employer. Public sector workers are over 36% organized, while only about 7% of private sector workers are represented by unions (note that there are five times as many employees in the private sector).
Annual compensation increases sometimes have been justified by calling them Cost of Living (COL) adjustments, but this rationale is even less relevant to setting appropriate wage levels than in the past. Employees often expect salary increases at least equal to the “cost of living” increase as measured by the federal government’s Consumer Price Index (CPI).
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