Since markets turned shaky, a new round of jawflapping about the unseemliness of executive compensation practices has gathered steam. One business magazine that shall remain nameless even called it “The Great CEO Pay Heist.” Of particular fanfare was Apple’s bestowal on Steve Jobs of a stock-option package valued at $548 million. Something clearly has come
Despite the hiring slowdown in the information-technology field, thousands of IT professionals and wannabes are banking on certifications to boost their careers. Computer professionals use certifications as yardsticks of their skills in hopes of better jobs and higher pay. Employees in other fields may be lured by the thought that computer certifications might help them
Merrill Lynch Wealth Management is the wealth management division of Bank of America. The firm is headquartered in New York City, and occupies the entire 34 stories of the Four World Financial Center building in Manhattan. Merrill Lynch employs over 15,000 financial advisors and manages $2.2 trillion in client assets. The firm has its origins in Merrill
Are you happy with your chosen profession? Only about half of all U.S. adults are satisfied with their jobs, according to several recent surveys, so there’s a good chance you’d like to try another career. There’s an equally good chance that you don’t know how to change career direction without major pain and disruption. But
Jane started her career as a promising architect with a large international architectural firm. After winning a prestigious award to design a cultural center in Japan, she was quickly promoted to associate. Now she’s been with the firm for 12 years and is under pressure to become a partner.
Most people start their careers on a certain path — and rarely veer far from it. And then there are those who decide that the only way to happiness is to take a sharp turn. The impetus may come from the workplace or from home, from a premeditated decision or a bolt from the blue.
WASHINGTON — Private-sector employers accelerated their hiring last month, adding 217,000 net new jobs in the best performance since June, payroll firm Automatic Data Processing Inc. said Wednesday. The job growth topped an upwardly revised 196,000 in October and was another positive economic signal, adding to the likelihood that the Federal Reserve will hike a
Salespeople are a company’s ambassadors to the world. They actively promote the company and its products and services. They are the front line between the company and its customers, and are typically the driving force of revenues – top-line company growth. These employees have a direct impact on how the marketplace perceives their employer and
Question: Three weeks before my scheduled date of resignation, I got sick. After spending a Friday in the hospital and the rest of the weekend at home, I told my supervisor I expected to be in by the following Friday at the latest. She then told me I would be laid off because I had
Save Time During the Hiring Process by Spotting Red Flags Early Find the Right Candidate Today’s job market is very tight with many more job hunters than available jobs. For businesses, the good news is it’s a buyer’s market. But at the same time, it can be overwhelming to sift through the mountain of resumes
Tips for Improving Your Office Environment Quickly & Efficiently Don’t Let Morale Get Too Low Workplaces go through a myriad of changes including adjusting procedures, hiring, firing and promoting employees, obtaining new clients and adding or removing products and services. The nature of your company’s environment can influence employee morale in the workplace. Low employee
Get the Most Out of Your Employees Without Breaking the Bank Money Isn’t Everything Many employers lose good employees, thinking a pay raise or bonus will keep them going. Of course, money is always a solid motivator, as is a strong compensation plan, but a bigger paycheck is not always the better answer. Gas, groceries
A Little Debate & Disagreement Among Team Members Can Actually Lead to Better Results Conflict Isn’t Always Bad While conflict is often viewed as something to be avoided at all costs, that is not necessarily the case. It’s a fact that conflict is, at some times, inevitable in every relationship. Fortunately, however, conflict is not
7. Build Relationships Work to build relationships not only between yourself and your employees, but also amongst employees. Strong relationships will provide trust, an important foundation for any team. 6. Set Goals Give your employees goals to work toward as a group. Shared goals will encourage a team mentality, and require teamwork to achieve. The
Employers Must Know Their Workers to Understand How to Get the Best Out of Them Employee motivation is vital to the success of any business. Without it, even the most skilled and capable workers can become unproductive, at which point the entire organization suffers. As an employer, you’ll need to manage your employees’ morale —
Tips to Retain Key Employees & Productivity During Periods of Interim Executive Leadership Companies hire interim executives to fill a void. In most cases, a company needs to complete a special project and has no one on staff with the expertise to oversee the work. Interim executives are often top level executives with