Demystifying Salary Information 184
Arun Jacob points us to an article in the NYTimes about online tools that can help in salary negotiations. The article concentrates on two websites — Salary.com and Payscale.com — that use different approaches to provide information on standard compensation packages for particular positions and roles. The theory is that, armed with information that was once available only to corporate HR departments, you could have an easier time negotiating your pay using a fact-based rather than a feelings-based approach.
If it's not too late already... (Score:5, Funny)
127.0.0.1 www.salary.com
127.0.0.1 www.payscale.com
Re:If it's not too late already... (Score:5, Funny)
Or you work at Best Buy.
You can't demystify the wife. (Score:5, Funny)
Don't tell your wife, she'll quit her job!
HA! Nice try ! (Score:5, Funny)
You aint foolin nobody mister!
Re:Inflated Numbers (Score:1, Funny)
So I get to the end of the process, and it says....
Press here to increase your earning potential with a Microsoft cert!
Hmmmm....
Easy formula (Score:5, Funny)
Re:Ways to avoid having to mention a number, polit (Score:5, Funny)
HR: "?? WTF ??"
Mystical? Pah (Score:3, Funny)
I get paid a basic salary, plus London weighting, about 5-6% of that is deducted for pension, which they then match. I get paid 10% extra pre-pension for unpredictable hours, then 3/70 of my pre-pension weekly wage for every hour of overtime I work. Any hours between midnight as 4 attract about $15 an hour bonus, and between 4 and 6 attracts an extra $30 an hour. I then have Income tax deducted (post pension), the first $10K tax free, the next $4K at 10%, the next $70K at 22%, and the rest at 40%. On top of that I have 11% of another part of my monthly salary for national insurance (pre-pension) on every pound of my salary >$800/month, and 1% of my monthly salary over $5000 a month. However that reduces somewheat (I have no idea how much) because of my pension. I then finally have money deducted (pre-tax, post-pension) for my student loan (10% > $30K) perks like taxi journeys home > 40 miles when public transport isn't working (40 miles is free, but I used to live 55 miles away), membership of the work club. The occasional work-paid do has tax deducted (although not all). Fortunatly there's no tax on company mobiles any more, and as I work in Central London there's no need or desire for a company car, which save more tax.
Easy as pie. My next salary negotiation will involve me coming off one set of terms (with the hourly overtime) and onto a set of terms that will pay me a fixed rate for working an extra day, but no hourly extras, however my basic pay (and therefore company pension contribution) will increase accordingly.
My role has increased in responsibility over the last 6 months too (hence the renegotiation rather than the standard 2.5% yearly increase). I've taken over someone on a much higher basic salary, but with more experience, and on non-overtime conditions.
So working out my next required wage and conditions is a walk in the park.
Re:my two cents (Score:5, Funny)
A guys walks up to a pretty girl at a bar.
"Would you sleep with me for a million dollars?"
She looks him up and down, "Well, OK"
"Well, then, would you sleep with me for a dollar?"
"Hell no, what sort of girl do you think I am" she replies.
"I think we have already established that, now we are just working out price!"
Re:You can't demystify the wife. (Score:3, Funny)
Re:They'll just fire you (Score:2, Funny)
Re:Ways to avoid having to mention a number, polit (Score:3, Funny)
Re:You can't demystify the wife. (Score:1, Funny)
A husband comes home from work one day to find his wife busy packing her suitcase. Of course, the husband asks her why she is packing, and she somewhat angrily replies that she read a magazine article about Las Vegas escorts. "I don't know why I ever married you" she says. "After all of these years having to scrape by on your meager salary, and now I find out that an escort in Las Vegas gets paid $200.00 for a blowjob. I'm leaving you to start a new life as an escort". The husband stares at her in disbelief for a few moments, then gets his suitcase out of the closet and starts packing too. The wife stops packing her bag and yells at her husband "Didn't you hear me? I said I am leaving you". "I heard you" the husband replies. "Then why are you packing your suitcase?" she asks. The husband looks up and replies "I wanna see how you're going to manage to live on $200.00 a year".