Is Loyalty Hurting Your Salary?

Eat Your Career

Salary Discrepancies Between New Hires and Current Employees. According to Business Insider , the salary gap between new hires and current employees is 7% nationally and this is “inverted.” A lagging salary can impact your earning potential for many years to come.

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Today’s Professionals Value Wellbeing Over Salary

Allwork

While factors like pay will always play a significant role in employee preferences, more professionals are prioritizing their own wellbeing and quality of life over salary. Comfortable salaries . Employee preferences have evolved over and over again within a short span. .

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What is a Good Executive Assistant Salary in 2022?

C-Suite Assistants

If you are a CEO or C-Level Executive looking to hire a new Executive Assistant or replace an Executive Assistant who has recently left, it is critical to know the most up-to-date salary information in this increasingly competitive market for talent.

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Hitting the salary cap

Practically Perfect PA

Everyone was placed in a salary band depending on their experience and their skills. Except support staff who were placed in lower salary bands or slotted in somewhere that sort of fitted what they did. I was placed in a low (not rock bottom but not particularly high) salary band with other assistants and admin type people. My salary was good and I was happy with my lot. That was until 2 years into the job and I had reached the top of my salary band.

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81% Of Gen Z Think Sharing Their Salary Will Create Change

Allwork

Although salary transparency can help reduce the gender pay gap, older generations are more likely to feel like discussing pay is discouraged in their workplaces. . It becomes harder for organizations to pay workers unfairly when their salaries are open to public scrutiny. .

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Salary Negotiation 101

Job Advice Blog

The post Salary Negotiation 101 appeared first on JTL Services Inc. Millennial Corner Career Tips JTL Services Salary salary and negotiation tips Tara LeFevreYesterday, my managing partner/mom Tara LeFevre and I went on a trip about an hour and a half down the road to visit two of our clients. As you can see in the picture below, we had to put on this awesome getup in order to tour a 450,000 square foot manufacturing facility, and what […].

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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

Allwork

salaries haven’t kept up with inflation. This isn’t shocking; historically, salaries do not keep up with inflation. . more likely than women to have their salary matched to the CPI. . “ Has your salary or hourly wage kept up with inflation?”

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Twitter Pay Discrepancy Comes To Light With New Salary Dashboard Tool

Allwork

According to Twitter’s Salary Range Dashboard, there is a significant gap in pay for employees across various countries. While the salary dashboard was intended to uphold pay transparency across the company, employees who inquired about the discrepancy were met with resistance from managers.

2022 87

A Quick Guide to Executive Assistant Salaries

Worxbee

Frequently asked questions often revolve around executive assistant salaries. We looked at some data from Payscale and Indeed.com , which show average salaries for full-time executive assistants. Compare remote work and in-office work salaries - there’s often a difference.

Study: Self-Employed Have Higher Lifetime Earnings Than Salary Workers

Small Business Labs

Key quote: Manso finds that entrepreneurs experience only slightly higher lifetime earnings variance -- that is, risk -- than people who go the salaried route. Key quote from the academic study: self-employed workers experiment with new ideas when they leave the salaried workforce to become self-employed. It's long been accepted as fact in academic and government circles that the self-employed earn less than people with traditional jobs. 

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How to Negotiate a Salary

On The Job

But now you’re about to take on one of the most difficult tasks in this job search journey: Negotiating a salary. Also, the salary you negotiate now will be the one chance you have to set yourself up for better salary boosts at this company and your income at future employers. So how do you negotiate the right salary for a new job? Before your first interview, you should have done research on comparable salaries.

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How to Interpret MBA Salary Data

Small Business CEO

Looking at those numbers, it’s easy for one to expect that putting in the time and effort to get an advanced business degree is the first step on the path to a six-figure salary. … Human Resources MBA graduates MBA programs MBA salary data It should come as no surprise to anyone that earning a Master of Business Administration (MBA) degree opens the door to a new realm of opportunities.

What is Data Scientist’s Salary?

Small Business CEO

The high salaries are due to the fact that organizations have noted that data scientist vs. data analyst are great assets to the organizations as they are used to make smart decisions for the organization depending on the data they have collected and analyzed.

How Much Personal Loan Can You Get on 30,000 Salary?

Small Business CEO

If you are an individual with a monthly salary of about Rs 30,000, here is what you need to know about what determines your personal loan and how much personal loan you can receive. … The post How Much Personal Loan Can You Get on 30,000 Salary?

2020 52

Salary Negotiation for the Focused Professional

Office Dynamics

One of my favorite career experts, Alexia Vernon, shares some tips on negotiation for the salary you deserve on New Day Northwest. Stat: 20% of American career women will never negotiate for more money in their careers. I hope you enjoy the tips she shares – good for not only women but men too! Alexia is also a fellow Vegas Young Professional and past Annual Conference for Administrative Excellence speaker.

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Revealing Salaries Favored by Young Workers

On The Job

Should we be discussing salary with our kids? Tags: reveal salary income disparity The New York Times Suze Orman salaries share salary In a live radio interview last year about my book , the host asked me: "So, Anita, how much do you make writing your syndicated workplace column?" Thankfully, you couldn't see my reaction, because I have a feeling my face sort of resembled a landed halibut.

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Accelerating your Assistant career path and progression

Practically Perfect PA

It could be that you define success as having a fantastic salary, amazing job title, or office [.]. There are so many events, webinars, publications, blogs out there that talk about accelerating your Assistant career path and progression.

2020 167

Women versus Men in Job Interviews and Salary Negotiations

Job Advice Blog

For both genders, anxiety before the interview may be present, but studies show that women handle it better. Women adapt more proactively than men do. Women seek social support from colleagues and friends more than men do. And women are more prone to do mock interviews with those colleagues and friends more than men are. [.]. Interview Skills by Alex Freund career advice gender difference interview preparation men vs. women

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After 22 excellent years, I’ve reached the salary cap–so, now what?

Office Dynamics

by ALICE BUMGARNER, MODERATOR on MARCH 14, 2012 2:47PM. in ADMIN PRO FORUM. Question: “I have been with my firm as a legal secretary, purchaser, database manager, etc. for 22 years. I have always received excellent reviews and raises. However, at my last review, I was told I was getting to the cap for legal secretaries. I’m at a loss … I work anywhere from 40 to 45 hours a week (at my regular pay for 37.5 hours).

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Answering Reader Mail on Salary, Finding Great Talent

Musings of a High-Level Executive Assistant

The most popular question on this column is about salary and this is the answer I wrote: How much can the best executive assistants earn in a year? The salary of an EA depends on what city you work in, how big your company is, and a zillion other factors that come into play just like any other job. Hello New and Returning Readers, I have a column at jobstr.com under Hollywood Executive Assistant. The latest 2 questions I answered over there are below.

Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. Do a great job and learn to negotiate to a better salary or when you job hunt after you've gained a lot of experience. Take note on any outstanding kudos you got from your bosses and know your salary worth compared to the rest of the industry. “I was wondering if as a career EA, you can make enough to support a family.

Everyday Game Changers Podcast: Navigating the Different Challenges of the Workplace with Barion McQueen interviewing Bonnie Low-Kramen

Bonnie Low-Krayman

The Art of Negotiating Salary. Podcaster Barion McQueen interviews workplace expert Bonnie Low-Kramen about negotiating salaries in an April, 2022 conversation for the Everyday Game Changers Podcast.

4 Ways to Get a Bigger Paycheck

On The Job

Grimm says part of the problem with the continuing wage gap is that women often don't receive the same starting salaries as their male colleagues at the beginning of their careers because they aren't as likely to negotiate for more money. I tell them to get the job then talk about salary again in a year," he says. Many employers will believe you are threatening to leave if you don't get the salary you request even though that may be the furthest thought from your mind.

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A Recruiter Makes Predictions About the Job Market

On The Job

Some other advice and predictions from Romaine: • Salaries won't recover soon. Some companies cut salaries 10% or more when the recession hit, and with salary increases averaging less than 2%, Romaine says don't count on starting a new job with a big pay jump over your previous position unless you're in high demand like workers in IT. how can i get a raise pay salary recruiters career advice relocation job market Anita Bruzzese

2011 146

When a Demotion Makes Sense

On The Job

drop in salary demotion less pay career advice lose promotion Anita BruzzeseIf you’ve ever been unemployed, you know the joy that comes from finally getting that job offer. But that elation may be tempered by the fact that the job pays less than your previous one, or is certainly lower on the career status level than you desire. According to an Urban Institute research, job seekers have taken positions that pay 16 percent less than what they earned before the Great Recession.

2012 129

The Long Term Shift to Contract Labor by Small Businesses

Small Business Labs

Spending on salaries and wages grew from $73.7 the spending on traditional employee salaries and wages from 2010 to 2018. Data from the IRS shows that sole proprietor small businesses spent $69.2 billion on contract labor in 2018 (the most recent data available). 

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Is it ever OK to tell someone how much you make?

Laughing all the Way to Work

Someone asked me the other day what my salary was. Years ago we were taught never to reveal our salary. I was so excited about getting a steady salary that I wrote the amount in my calendar on each payday. When my boss noticed what I had written, he took me aside and told me that I should never write my salary down for others to see. I think it is to the employer's benefit that we don't discuss salary. revealing your salary How much do you make?

2008 100

On the Job by Anita Bruzzese: Should You Tell How Much Money You Make?

On The Job

People have very strong opinions about whether its OK to talk about salaries, so when this survey from Glassdoor.com crossed my desk, I knew I had to explore it further. Its an interesting topic I explored for my recent Gannett column: The workplace has been turned upside down in the last year because of the recession, and it appears it has even changed our attitudes regarding an often taboo subject: talking about our salaries. And yes - people do talk about salary.

2010 100

How Colorado’s Pay Transparency Law Is Enticing New Workers

Allwork

Last year, Colorado enacted the Equal Pay for Equal Work Act, a law that requires employers to share salary ranges on job postings. .

2022 83

Uh-Oh: You May Not Be Worth What You Thought

On The Job

According to a JobFox survey, some median annual salary ranges dropped $10,000, compared to a month ago. This helps set the groundwork for a salary bump before your annual review. If an employer isn't offering you the salary you desire, ask for training opportunities -- either in another department, or to attend an industry event where you'll not only learn something, but make valuable professional contacts.

2008 100

How We Need To Adjust To The Future Of Work – A personal interview with Bonnie Low-Kramen by Karen Mangia for Thrive Global

Bonnie Low-Krayman

Base salary is only one way to earn money. Higher Salaries & Other Monetary Incentives Caused by the Great Resignation ?—?In In addition to a fresh look at Job Descriptions and titles, leaders are raising salaries in order to retain high performers and attract new talent.

2022 52

8 Signs Your Company May Have Received Government Bailout Money

On The Job

When asked about salary transparency, the CFO laughs so hard he wets himself. Tags: bailout Tiger Woods salary transparency TARP cirque du soleil tom cruise katie holmes government bailout money There have been many requests for a piece of the bailout pie from lots of companies, including Hustler magazine and the guy from "Girls Gone Wild."

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Ep 65. Talking Real Money on Heads Together with Bonnie Low-Kramen 12/1 21

Bonnie Low-Krayman

Hourly vs Salary? TALKING ABOUT REAL MONEY End of the year is bonus time. Or is it? December is the perfect time to talk about money and comp, especially in light of your 2021 achievements.

2021 52

The Real Reasons People Are Quitting by Bonnie Low-Kramen

Bonnie Low-Krayman

It costs a company 6-9 months of an employee’s annual salary to replace them. When she was hired, her manager said she would be on track for promotions and salary increases but in three years, she was overlooked numerous times.

2021 87

I’ve Stared Into the Abyss…and Seen a Lot of My Friends

On The Job

And here's a press release from JobFox : "While the value of the dollar is shrinking, many job seekers - including in-demand technology specialists - must accept new positions at lower salaries than they did just a month ago." Tags: technology specialists recession proof jobs pay raise business outlook how can i AJR career Anita Bruzzese networking job outlook JobFox jobs salaries business If you’re not worried, you’re not paying attention. Bad times are here, folks.

2008 100

Don't Forget That Even in This Job Market, You Can Still Negotiate a Job Offer

On The Job

if you know from your research that the salary is not competitive. Tags: how to negotiate negotiate get more money negotiate with employer negotiate a salary career advice can i negotiate should i negotiate negotiate job offer Anita Bruzzese If you've ever been out of work, you know the feeling when the job offer finally comes. You want to scream, cry, kiss the feet of the hiring manager and dance in the streets.

The Workforce is on the Move…and so is Compensation

Bonnie Low-Krayman

employees will keep their current salaries if they relocate to a lower-cost zone. . Once remote roles are identified, it is critical to establish policy around the market data used to determine pay rates and salary structures for the organization. .

2021 82

How do you measure your career success?

Practically Perfect PA

It could be that you define success as having a fantastic salary, amazing job title, or office all to yourself. There are so many events, webinars, publications, blogs out there that talk about career success for Assistants. Career success comes in many shapes and forms and, let’s face it, is an entirely personal definition. It […].

2019 149

57% Of Companies Want To Enact Geographic Pay Policies – Here’s Why That’s A Problem

Allwork

A new survey finds that more companies are exploring discrepancies between remote and hybrid worker salaries. . Over half of respondents said they are beginning to enact a geographic pay policy, where salaries will depend on where an employee lives.

2022 83

This Inexpensive Degree Could Kickstart A Lucrative Career

Allwork

The median annual salary among the top paying applied associates degree career paths is roughly $70,000. . Degrees that cost around $20,000 can yield a starting salary of roughly $80,000.

2022 103

Will Inflation Impact Pay Raises?

Allwork

Salaries, however, tend not to keep up pace with inflation. Companies keep salaries fixed and only make changes with long-term considerations in mind – such as the inability to reduce wages during market failure. . What effect does the increase in salaries have on inflation then?

2022 87

The California Creative Economy

Small Business Labs

Key quote from the report: "In certain sectors, self-employment is more common than wage and salary employment. self-employed persons in Los Angeles County for every salaried worker. The communication arts also had a high number of self-employed workers relative to salaried employees: In 2015, there were 0.6 self-employed persons in Los Angeles County for every salaried employee."

2018 126

A True Partnership: Olympia Dukakis and Bonnie Low-Kramen

Bonnie Low-Krayman

This includes salary but also having the contents of a hotel mini-bar removed and some of the excess furniture too. Olympia Dukakis & Personal Asst. Bonnie Low-Kramen on the set of “Over the Hill” in Australia, 1991.

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