When bills need to be paid, a job is a job. On the other hand, if you accept a pay cut, the fear that hiring managers will hold you to that lower salary the next time you apply for a job is real. But headhunter Nick Corcodilos has a better way to approach the salary conversation so that doesn’t have to be the case. Continue reading
The New York Times’ firing of executive editor Jill Abramson has unleashed an intense debate about salaries, especially for women, and when it’s appropriate to ask for more money. Headhunter Nick Corcodilos wants to help all workers, men and women, boost their compensation. But first, he needs to hear from you about what you need to know. Continue reading
With a scheduled pay increase on the horizon, members of the House of Representatives have proposed another freeze on congressional salaries. The automatic cost-of-living bump would have raised lawmakers’ salaries by 1.6 percent, totaling an additional $2,800 a year.
Tempted by a job offer but wish it paid a little more? First, decide if you’d take the job regardless. If so, there is something you can say to make the employer want to raise the offer. Nick Corcodilos explains. Continue reading
SeaTac, Wash., is aptly named after the airport located there. The Seattle-Tacoma International Airport is the city’s largest employer and could soon be boosting their minimum wage for employees to $15 per hour. Paul Solman reports on the debate surrounding the nation’s latest living wage initiative, SeaTac’s Proposition 1. Continue reading
Between food, housing and baby supplies, Shenita Simon struggles each week to support her family of seven. The 25-year-old from New York makes $8 per hour and is one of the fast food workers nationwide advocating for higher wages. Hari Sreenivasan brings us Shenita’s story of surviving on a near-minimum wage salary. Continue reading
The jobs report for April was released Friday as well as a new report that found top CEO pay is above where it was in 2007, before the recession. Jeffrey Brown discusses the widening income gap and increase in executive pay with AFL-CIO Office of Investment’s Vinetta Anand and The Council on Competitiveness’ Deborah Wince-Smith. Continue reading
As frustration continues over extravagant pay to executives of companies receiving billions of dollars in taxpayer aid, Paul Solman travels to AIG headquarters and Washington to explore options for getting some of the money back. Continue reading