Why Compensation Is More Than Just Salary

Why Compensation Is More Than Just SalaryWhy Compensation Is More Than Just Salary When considering a new position, or re-evaluating your current contract, its always in your best interest to negotiate for a higher salary . However, when considering your total compensation (meaning everything the company is giving you in exchange for the work you provide), there are so many other factors that play into your bottom line that go beyond just salary. Here are 6 areas that contribute to your total take-home compensation that should not be overlooked when negotiating your next contract A huge factor to consider when evaluating your salary is the healthcare package provided . If the organization you are considering does not offer any health care benefits, consider all of your existing medical conditions, and how much those would cost you out of pocket without a health care plan. If your company does have a benefits plan, look into the fine details of what they are offer ing. How much are the deductibles and premiums in each area? Keep these numbers in mind when calculating your total compensation, especially if you know of existing medical conditions or upcoming procedures. Some organizations might offer profit sharing , bonuses, or stock options. These are different ways that you, as an employee, can profit from the success of the organization, and earn additional salary. If your organization is doing well, and you are offered shares, you could see a huge return on investment in the long run. While you cant live off your bonus, find out prior to accepting what the bonus structure would look like, and how often it is typically paid out. When negotiating your salary, it is important to consider whether these added benefits might be a worthwhile incentive for you to consider as part of the overall package.Many organizations across Canada and the U.S. will offer RRSP/ 401k matching . These company perks are not only a great way to incentivize savin gs and retirement, but also earn free money The average 401k match across organizations, according to Investopedia, is 50 cents on the dollar of up to 6% of your salary. If you know that you can save enough to earn that match, consider that free money as a part of your total compensation. Taking advantage of these plans is like accepting a 3%-6% raise each year. The ausprgung there are three things that matter, location, location, location definitely holds true when discussing salary. If your new position is offering you a higher salary, but will require you to commute and buy a car, youll need to re-calculate your salary and consider that cost. Lets say your lease is $300 a month, parking $100 a month, insurance $100 a month, and gas $200 a month, all together that will run you $700 a month, or $8400 a year If youre considering a new position that has a lower base salary, but would allow you to work closer to home and ditch your car, consider adding that cost savings to your salary .People spend an average of $2,746 a year on packed and purchased lunches . When evaluating a new organization, look into whether or not they provide free lunch, snacks, or even coffee, as this can all add up. A Starbucks a day will cost you $1,221, so dont overlook this small perk . If these perks are provided, consider adding that $2,746 average for lunch and $1, 221 average for coffee onto your salary, as it would be money saved each year. Discounts and reimbursements on things like cell phone plans and gym memberships are other hidden factors that impact your bottom line. If you work for a company that you frequent as a consumer, corporate discounts could be another factor in your decision. Of course, there are other non-monetary perks that come with any job . Things like work-life balance, freedom to work remotely, and opportunities for learning & development are intrinsic motivators that are hard to compete with. There are so many factors to consider when evaluating yo ur total compensation. These are just a few typical areas where you, as an employee, can earn more beyond just your salary. When negotiating, consider the areas of your life that are fruchtwein important to you, and really focus on companies who stand behind that with what they have to offer Stacy Pollack is a Learning Specialist with an MA in Educational Technology. She is passionate about building leadership programs that engage and contribute to the success of her organization. She loves to share her perspective on workplace development, career building, and networking for success. Connect with her on LinkedIn , Twitter , or at www.stacypollack.com

How to Recruit for In-Demand IT Skills

How to Recruit for In-Demand IT SkillsHow to Recruit for In-Demand IT SkillsHow to Recruit for In-Demand IT Skills ConlanAccording to Computerworlds 2015 Forecast survey of IT executives, almost a quarter of all companies expect to hire more IT employees this year. Is yours one of them?If so, youll need a plan to recruit the best of these coveted employees, including candidates with these three in-demand IT skillsDevOps. The term refers to software developers who can also manage operations including the server infrastructure that keeps company websites and applications online and running reliably, says Shayleen Stuto, talent coordinator at TechnologyAdvice.Having a strong DevOps team not only gives a company a solid core of experienced software engineers. It also reduces IT staffing costs and tightly integrates a companys products with the infrastructure that hosts them.Web applications. Since 2011, web application skills have continued to be in high demand, says Moses Sison of Switc h.co. Skills include Java, HTML and CSS.Python/Django prowess. Some of the most in-demand and hardest to fill software engineer job skills include Python web application development experience or Django web application framework experience, says Vanessa Pean, Director of Talent at ScrollMotion.IT Recruiting on Job BoardsOnline job boards are always a good distributions-mix to begin your IT recruiting. Sison says about 60 percent of his companys candidates come from job ads.Its essential to market the awesome opportunities your company has to offer IT talent, says Sison.This starts with a well-written job descriptions. When you sit down to write a job ad, be specific about the skills youre looking for. Include a list of the attributes necessary to succeed in the role and those that are desirable in a candidate. And dont forget to highlight what makes your organization special.More Ways to Find In-Demand IT SkillsCourtney Muller, senior associate of talent at Novus, recommends spendin g time on a repository hosting service such as Github or other sites where developers share code and collaborate to find people with the skills you need. Holding discussion groups can be helpful as well.Hosting and participating in meet-up groups that support Scala and other technologies has been particularly helpful for our team to learn cool stuff from really interesting people and develop long-term relationships, she says.Tools such as TalentBin by provide a comprehensive profile of technical professionals, including their contact information.Recruiting IT Talent for Small CompaniesTech skills are important, but smaller companies may want to consider candidates with a broader background, says Kiyoko Fujimura, executive vice president of BuzzBuzzHome.As a startup with a lean engineering team of 12, its important to us that every member is able to understand the end-to-end implementation of a project, not just the technical requirements, she says.Fujimura is constantly on the looko ut for business-minded IT workers, people who she says are looking to answer the question Is the product Im building actually solving the problem its supposed to?In your quest to find IT talent, also keep in mind employee referrals. One of our best sources of candidates is our internal referral program where we offer employees $1,000 if they refer the successful candidate, Fujimura says.Our team will also attend events, sometimes even wearing t-shirts that say Were hiring. That usually makes us stand out from the crowd.How to Assess IT CandidatesKnowing how to assess a candidates IT skills will be a good match for your company can be challenging, particularly if you lack a technical background. One option is to bring in a tech employee who is on your staff to do a technical screening of candidate resumes. This person can also assist with conducting the more technical portion of the in-person interview.During the technical interview, its not uncommon to ask the candidate to solve an IT problem using a whiteboard to explain their coding solution. Companies such as Prove It and Brainbench can help you assess a candidates technical know-how.Finally, dont forget to offer a level of compensation that is in line with the competitive recruiting landscape. This is especially important for small businesses that must compete on compensation in 2015.

Customize this Cabinet Maker Resume

Customize this Cabinet Maker ResumeCustomize this Cabinet Maker ResumeA resume that shows your woodworking and manufacturing experience is important when youre trying to get a new cabinetmaking job. Recruiters examine these documents looking for a summary of your skills when deciding which applicants to call for interviews.Some important things to include are experience reading blueprints, types of tools youve used, and quality control certifications youve earned. Leadership skills, communication skills, and examples of volunteer work can also make your resume more appealing to a recruiter.Show hiring managers why youre a great applicant and begin the hunt for your next job by adding your information to the cabinetmaker resume below. Create this Resume Wilford Swanson4051 Cantebury DriveMineola, NY 11501(111)-389-3948w.swansontmail.comObjectiveCreative and talented Cabinet Maker looking for a better opportunity to work in a fast growing cabinet making industry whereby skills in cabi net making can be utilized in meeting its sales goals and objectives. Summary of QualificationsAbility to perform all cabinet making functionsKnowledgeable in blueprint readingHigh-level of experience and expertise in woodworksWell-organized and attentive to details Ability to use all cabinet making machinery and equipment Professional ExperienceAircraft Cabinet Maker, January 2007- PresentGoreplan Inc., San Antonio, TX ResponsibilitiesConstructed and assembled aircraft cabinets and interior components. Devised and developed ergonomic designs of aircraft cabinets to fit suitably in aircrafts. Operated machines and equipment to produce cabinets as required. Ensured assigned functions are conducted in accordance with the established policies and procedures. Prepared documents as necessary and that related documentation is accurate and complete. Commercial Cabinet Maker, May 2004- December 2006Commercial Milwork Shop, Perth Amboy, NJ ResponsibilitiesAccepted orders and design requests from various individuals. Made a variety of cabinet designs for commercial and household use. Used cabinet making machines to ensure accuracy of design and its quality. Prepared necessary reports and documents as directed. Performed inventory of all cabinets produced. EducationBachelors Degree in Fine Arts, 2004Yale UniversityAssociate Degree in Handicrafts, 2002Yale University Customize ResumeMore Sample ResumesCCTV Technician Resume Cabin Crew Resume Cabinet Maker Resume Cable Installer Resume Cafeteria Worker Resume Cake Decorator Resume