Salary and Compensation: Information on all things pay

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Bonuses are monetary payments, monetary-equivalent rewards, and non-monetary perks, such as additional paid vacation days. In any case, you’ll need to know how much you’re taking home.

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5mo

Under the Fair Labor Standards Act, the federal minimum wage regulates what U.S.

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Associate and bachelor’s degrees are the two primary higher education options for students after high school. College degrees vary in requirements, outcomes and length, leading to different opportunities depending on what students decide.

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By Brandi Fowler In Brief: (1) Focus your conversation with your manager around a general salary negotiation with inflation weaved in as a talking point. (2) Be prepared to show why you deserve a raise and how you will continue to add value to the company.

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Being prepared to ask for a raise or promotion is a matter of internal and external preparation. Experts advise you to be ready to prove your worth when you decide to take that walk into a leader’s office with hopes of a boost.

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8mo

Pay transparency is dominating the career and job search headlines. Do you know what it even is? Given its expansive and nuanced nature, many of us fail to grasp what pay transparency means and looks like for the workplace.

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When you think of the job search, there is another component you should consider besides the interview and offer: The counteroffer. It’s a normal part of the process and one that is actually more expected by employers than you might think.

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11mo

Salary negotiations are an intimidating part of the hiring process. Fortunately, there are many techniques you can use to advocate for yourself and secure a fair salary and compensation package.

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2mo

A company may offer you a retention bonus to keep you, and the amount depends on your salary and that business. If you receive one, consider whether you want to stay with the company for the amount of time in the issued agreement, determine whether you want to explore other opportunities, and negoti

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9mo

Minimum wage on the surface seems like a simple concept: You clock in, clock out and get the lowest pay rate per your state law. But what about accounting for inflation? And what if you start to take an interest in your job and want a raise? Several companies, states and workers have taken note of t

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6mo

Restricted stock units could be one of the perks of your next job. So it is important to know what they are and how to act when you receive them.

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7mo

Salaries vary based on many factors. Depending on their role, education level, and geographic location, salaries may differ from that of co-workers or peers in their field.

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When you’re satisfied with your current job and company but would like a salary increase, you can ask for a promotion or a raise. But before meeting with your manager, there are some important aspects to bear in mind.

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7mo

Physicians face some of the most stressful situations imaginable, which does translate into higher salaries and better benefits. That pay varies from specialty to specialty, state to state, and metro area to metro area.

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Severance pay is compensation provided by an employer when an employee leaves the company. Not all employers offer severance packages.

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5mo

Cost-of-living adjustments (COLAs) reduce the effect of inflation on benefits like SSI and Social Security. The government determines COLAs each year, but they are not guaranteed.

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Don’t change your salary negotiation strategy during a recession. Do your research, and advocate for yourself, but empathize with the company’s economic situation.

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The average salaries of teachers in the U.S.

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The phrase “severance package” is daunting for many in the workplace and can spark concern about job security or longevity. However, negotiating a favorable severance package can be the springboard you need to land your next job and protect your wellbeing should you face unexpected termination.

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4mo

Pay transparency laws are taking effect across the country with the intention of closing pay gaps. They have also made the recruiting process smoother.

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8mo

Stipends are an important part of a compensation plan and used to cover basic living expenses and any work-related expenses during an internship. Organizations and companies often offer pre-determined stipends, which they use to attract top talent.

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The average U.S.

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People across the country are advocating for further pay transparency. Recent U.

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6mo

Most salary negotiations are successful, but some fail. Don’t lose hope if the company rejects your salary negotiation and you still have to take the job.

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8mo

Pension plans are a popular financial option that helps you provide for yourself and your family during your retirement years. No matter which retirement investment approach you plan to take, it is important to know which pension plan is right for you and what the differences mean for your financial