Job Search Tip of the Week #3 (2019)
Caressa Moy | January 14, 2019 | 9:00 am
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Let’s Talk Money: Part II
Go in for a Performance Review, Come Out with More Money in Your Proverbial Pocket
Which is more daunting: negotiating a higher starting salary at a new job, or approaching your current employer about a pay raise?
If you think the latter, you’re not alone. Results from the Salary.com survey we referenced last week indicate people fear the pink slip more than a rescinded employment offer. A staggering 44% of people never ask for a raise during their performance review, as compared to 12% who always bring it up.
One of the main reasons why people hesitate to ask for a pay bump from their current employer is because they believe that they lack the skills to negotiate properly and effectively. So without further ado, if you’re looking to stay at your present place of employment but with more money in your proverbial pocket:
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Job Search Tip of the Week #2 (2019)
Caressa Moy | January 7, 2019 | 9:00 am
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Let’s Talk Money: Part I
Negotiate a Salary That Works for You
According to data from professional networking site LinkedIn, January is the best month to get a promotion or a raise (unsurprising, considering it’s also the best time to job hunt), followed closely by June and July.
Alarmingly however, the majority of workers leave money on the table. Of the 2,000 respondents to a survey conducted by salary research site Salary.com, 18% reported that they never negotiate their first salaries and 44% only occasionally so due to fearing repercussions or lacking the necessary negotiation skills. Failing to negotiate is costly; studies have shown that those who fail to negotiate at least a $5,000 increase in their first salary lose out on approximately $600,000+ over the course of a 40-year career.
So whether you’re looking to discuss your compensation package with a prospective employer or your current one, follow the following negotiation tips to start – and conquer – the salary conversation!
Q. How can I overcome my hesitation about negotiating my desired salary with a prospective employer?
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Job Search Tip of the Week #39 (2018)
Caressa Moy | September 24, 2018 | 9:00 am
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Don’t Let Lack of Experience Hold You Back
How Can You Gain Experience if You’re Constantly Being Turned Down For Not Having Any?
You know the job you want. You know you could be great — but you also know that you lack the real-world experience to prove it. Fortunately, you can plug those gaps in your résumé and improve your chances of landing that dream job.
Steps to success
If you’re a job seeker who is just entering the workforce or is new to the IT market, consider taking these steps to help offset or remedy your lack of experience:
Get an internship. An internship can give you the practical experience you need to become a stronger candidate. Consider internships at companies you want to work for, even if the position doesn’t involve your ideal work — although, make sure that the work offers opportunities to expand your skills. Research the company, its open positions, and the application process, or find a recruiter in the industry who can help you find the best opportunities.
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