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College graduates who took jobs in engineering or computer sciences last year saw salary gains over 2010 and were ranked the highest paying fields for first-year hires, according to the National Association of Colleges and Employers, based in Allentown, PA.
What are you worth to an employer? Quick, come up with a number. OK. Now, let’s come up with a realistic number. Negotiating salary is, for most of us, as difficult as getting past phone screens and interviews to the job offer. It can be tough to think of yourself in dollar terms. If you’re not prepared to negotiate, you’re sure to be unhappy with almost any offer.
Considering a new career? Before you jump into a new industry or profession, read this. From personal chefs to commercial pilots, corrections officers and celebrity realtors, here’s what they actually made last year.
There are ten steps that can be followed to simplify and organize the planning approach for a negotiations process. Following these ten steps will increase your efficiency and effectiveness in negotiations.
Employees are sending a clear message this holiday season: they expect a bonus and they want it to be cold, hard cash. And forget the holiday party, even with an open bar.
A new survey by Harris Interactive®[i] finds that the majority of employees say they would prefer a cash bonus this year (72 percent), followed by a salary raise (62 percent) and additional paid time off (32 percent).
Upright truly is right, it turns out. A study to be published in the forthcoming Psychological Science is demonstrating that those who lean to the left are more likely to underestimate numerical figures. And because the research only held up when respondents were assessing an unknown number, it was accepted to be applicable for gauging expected and desired salaries, according to a report by the Association for Psychological Science.
Given the ongoing Occupy Wall Street rallies that have taken place around the world from New York City to San Francisco to Rome, we were curious to see what salaries look like for those in the banking industry – especially when top executives at several of nation’s largest banks reach incomes well into the millions.
It may seem counterintuitive even to consider asking for more money when times are tough, but today’s circumstances may actually be favorable for stating your case for a raise. In fact, the 2011 Culpepper Salary Increase Budget Update Survey revealed that salary budgets, including increases, are higher in 2011 than they were in 2010. The survey also revealed that the number of companies instituting salary freezes has declined, and salary cuts have become virtually non-existent.
Second to receiving or giving performance feedback, negotiating salary is the most uncomfortable thing to do in the world of work. My advice is very simple: try to think and react proactively like a seasoned marketing and sales professional.
Chances are that at some point during your hiring process, you’ll be asked about numbers. Salary numbers, that is. Most hiring managers want to know if the salary they can offer is in the same ballpark as the salary you expect; if not, you’re both wasting your time. But what if you’re new to the field, or new to the job market altogether? Figuring out how to answer the salary question realistically, without leaving a lot of money on the table, can be tricky.
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