We all know that our economy of the past few years, despite its improvements, hardly continues to offer a land of opportunity as it once did as far as salaries go. The disappointment from being paid less than you deserve is even greater when you also have a college degree (which would normally increase your pay). Some majors and specializations prove much more disappointing than others in terms of the financial compensation in post-graduation employment. To give you a heads-up, we’ve assembled this top of the lowest paying majors which lead to some of the lowest paying jobs in America requiring a degree. Keep in mind, these are not the worst college majors in our country. We don’t want you to get the impression that these majors are necessarily bad just because our society devalues them and deems them less than useful. Rather, these majors typically lead to the lowest compensation rates. Many of these jobs are actually quite vital to our society as a whole. Personal rewards may have to supersede financial gains. [Read more…]
In this month’s link round-up, we will bring into perspective a more nuanced issue rarely talked about in professional articles assessing the job market: networking tips for introverts. It is a well-known fact by now that enhancing your map of professional connections (and even asking your friends for some useful introductions) can advance your career goals considerably, which is precisely the cause for all the networking-focused articles out there. But what few advisors acknowledge freely is how hard it is for otherwise extremely competent and well-prepared professionals to successfully network if they fall on the wrong side of the personality test, namely if they’re introverts.
Introversion does not equate to social inferiority in any way and each personality trait has its own set of advantages and disadvantages. However, in the realm of first impressions and especially in the somewhat colder business environments, extroverts are at a clear advantage when compared to introverts who may appear weaker, less confident, or even downright hostile (without it being the case by far). To help out with this issue, especially considering that there are a lot more introverts among us than people would think, we’ve put together a resource round-up of articles addressing this issue in their broader topic of networking tips. This way, you will have a better start on how to find the right career and how to expand your network horizon even if your people skills are a bit strained.
An Introvert’s Guide to Networking – The opening link on our list should definitely be this comprehensive guide from Harvard Business Review. Written in 2012, it still strikes close to home for anyone dealing with this discomforting tension between how they’d like to react in business situations and how they manage to come off as. The magazine has revisited the topic in this 2014 story with even more specific networking tips for introverts, so make sure you read it as well.
How Introverts Can Network without Changing Their Personalities – This recent story written by Lisa Evans focuses on making the struggle less of a struggle: the idea isn’t to go out of your way to emulate the explosive style of people who are more comfortable with spontaneous social interactions. Instead, you should focus on giving your unique qualities a chance to shine at the job. You may even be surprised at how you can manage your social relations in your professional sphere in a way that extroverts wouldn’t be able to.
WikiHow: How to Network If You’re an Introvert – This evergreen resource can prove to be a valuable guide and starting point to both extroverts and introverts alike when preparing for professional networking. The process is described in easy and clear steps, so that you know what to expect and what to tackle, so feel free to consider this short read your networking Bible if you’re not dealing with any introversion issues.
Networking for Introverts by Emily Schuman – A more personal take on the matter, written by a charming blogger recounting for us the discomfort of always comparing yourself with your more extroverted peers and how to get over the issue and find your inner networking strengths.
Forbes: An Introvert’s Guide to Small Talk – This recently published and completely relatable Forbes guide on networking for introverts focuses on what they call ‘8 painless tips’ and after reading it you will realize it resembles the best coaching talk you ever had. The anxiety that comes with networking as an introvert (and also the anxiety that comes with working as part of a team on a daily basis) will really be diminished after you go through these few tips, and you can start looking forward to your professional network more.
Image Source: Jobsite.co.uk.
In our increasingly competitive job market, we all keep our eyes out for the highest paying jobs 2015 can bring. If you have wondered which ones are the best-paid professions in the current employment marketplace, our Higher Salary experts bring you the latest overview of the situation. This is what you need to know regarding the matter. We divided the discussion by educational tiers, since each level of completed studies comes with its own top-ranking set of jobs. [Read more…]
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Since the global economic crisis that originated by some unfortunate Wall Street speculations back in 2008, everyone’s salaries suffered. Even if there were any salaries that weren’t necessarily reduced, they felt as if they were simply because of the hit that the economy took made it more expensive for everyone to maintain their old habits. Still, things didn’t look bleak ever since with no possibility of recovery. According to the date provided by the Social Security Administration, the national average salary for 2013 was $44,888.16, which translates in a 1.28 percent increase compared with the national average salary for 2014. [Read more…]
The NP (Nurse Practitioner) job description is a complex one, and it can make anyone holding such a job feel proud. A nurse practitioner is usually called by its longer name, Advanced Registered Nurse Practitioner (ARNP) and works directly under the supervision of a doctor, possibly having LPNs (Licensed Practical Nurses) under their direct supervision as well. Some states even allow these advances nurses to work independently, beyond the supervision of a physician. An advanced registered nurse practitioner is a highly trained employee, who holds a master’s degree in nursing and can also have a specialty field upon passing an exam for specializing in that field. Examples of such fields of specialty can be pediatric, psychiatric, neonatal care, women’s health care, acute care and so on. A nurse practitioner should be able to perform an initial health assessment, to diagnose health disorders, to prescribe medication to treat the problems identified and to supervise the patient’s care over a lifespan. This kind of health practitioner earns more than a less specialized one, but there are still several factors that can help them earn an even higher Nurse Practitioner salary such as experience, specialty or geographical location. Here is a look at how these factors impact the salary of this nurse.
Nurse Practitioner Salary
According to the National Bureau for Labor Statistics, the median salary of an advanced registered nurse practitioner is $82,940. That means that 50% of all employees in this field earn a bit less and 50% of them earn a bit more than this median value. The lowest salary an ARNP can make in this country is $63,707 and the maximum one is situated at a value of $103,074 (according to the Bureau). This data refers only to the base salary, without the commonly used bonuses which make the figure of actual earnings closer to the $65K – $110K range. These nurses in the top earning 10 percentile earn a yearly salary of $126,250 (bonuses included), with an hourly wage of $60.69.
As far as specialty fields go, the median neonatal nurse practitioner salary is $85,032, the median family nurse practitioner salary is $82,053, the median acute care nurse practitioner salary is $89,263, the median psychiatric nurse practitioner salary is $92,396 and the median pediatric nurse practitioner salary is $97,000.
In order to become a nurse practitioner yourself, you need to first obtain a bachelor’s degree in nursing from any accredited program in your area. Most community colleges offer this bachelor program, which usually lasts 4 years and requires both classroom and clinic hours. After graduating from this bachelor degree, you need to obtain a master’s degree in nursing, with a specialization in the field of your choice (which takes a further 2 years of study). This is the requirement in order to become a nurse practitioner. If you wish to reach an even higher nurse practitioner salary, you should consider also completing a doctorate program (for a further 4 years of study). An ARNP with a doctoral degree can put the nurse practitioner vs. physician assistant salary comparison to some serious strain.
Best Paying Industries for an ARNP
As with every other job field, not all of these nurses work in hospitals. According to the Bureau of Labor Statistics, the best paying employers for an ARNP are general medical and surgical hospitals (with a median salary of $98,860 per year), outpatient care centers (with a median salary of $96,250 per year) and offices of physicians (with a median salary of $94,320 per year). The jobs in offices of physicians are also the most numerous, but the overall employment in this profession is on the rise, so there isn’t much to worry about.
Top Paying States and Cities
As for geography, some areas offer higher salaries for these nurses than others. According to the Bureau, the top-paying states for this profession are: California (with an annual mean wage of $110,590), Massachusetts (with an annual mean wage of $105,010), Texas (with an annual mean wage of $101,490), New York (with an annual mean wage of $100,420) and Florida (with an annual mean wage of $91,070). One of the best cities to work in as a nurse practitioner is considered to be New York, while one of the worst is considered to be Atlanta, as far as the pay scales are concerned.
The LPN job description is complex: though this profession usually involves providing nursing services in a nursing home or hospital setting, there are several other industries that also employ LPNs. By and large, a licensed practical nurse will work directly under the supervision of a registered nurse or doctor. They will administer treatment, run basic lab tests, collect test samples, instruct family members on how to care for patients, and assist patients in moving, bathing, eating, or other daily activities. That being said, there are several factors when trying to determine how to get a higher salary as a licensed practical nurse. The main ones are: level of education, professional experience, the type of health care facility that the LPN works for, and the specific geographical area where the facility is located. In the following, we analyze all these factors and their impact on the LPN salary.
How much do LPNs make?
To answer the question as to how much do LPNs make, we turned to the Bureau of Labor Statistics. According to May 2013 data from the Bureau of Labor Statistics, the median hourly wage for registered practical nurses stands at $20.15. That figure brings the median annual salary to $41,920. The bottom ten percent of earners earn less than $31,300. The top ten per cent earned upward of $58,020.
Educational requirements for a higher LPN salary
All LPNs need to graduate from a practical nursing program, which usually lasts for one year and is offered by a vocational school, community college, hospital, or high school. It’s essential that this program be state-approved so always check your state board of nursing to identify the approved programs. After graduation, these nurses must obtain their certification by passing the National Council Licensure Examination. In some states, nurse attain a higher LPN salary by garnering specialized licenses in fields such as gerontology or IV therapy which increases their earning power. However, not all states allow this kind of professional organization licensing.
Best paying industries for LPNs
Most LPNs are employed by nursing homes ($43,960 median yearly wage), general hospitals ($42,000 median yearly wage), and doctors’ offices ($39,260). While it might be easier for LPNs to find employment in such environments, these are not the top paying industries for them. The highest median yearly wages for LPNs are offered in: insurance companies such as agencies or brokerages ($51,370 median yearly wage), junior colleges ($49,600 median yearly wage), insurance providers ($49,280), scientific research and development services ($47,210), and real estate lessors ($46,430).
Top paying states and cities for LPNs
Once again, the states with the highest level of employment and job concentration for these nurses are not the same ones as the top paying states for LPN salary. Texas, California, and New York have the highest employment levels, while the highest job concentration levels can be found in Louisiana, Arkansas, and West Virginia, respectively. However, the top three paying states for these nurses are: Connecticut ($54,690), Alaska ($54,010), and Nevada ($53,490), closely followed by Massachusetts and New Jersey, where mean yearly wages also exceed $53k. Finally, the best paying cities and metropolitan areas for LPNs, with annual mean salaries ranging between $55k and $62k, are San Francisco CA, Oakland-Fremont CA, Santa Barbara CA, San Jose CA, Sacramento CA, Peabody MA, Napa CA, Hartford CT, Bridgeport CT, and Reno NV.
Last year, a research group based out of Philadelphia studied the effects of paid sick leave on company productivity and cost efficiency. Their conclusion was resolute and definite: paid sick leave is a must for almost all companies. This research study has been made all the more poignant with the President’s recent state of the Union address earlier this week. No evidence exists to prove that paid sick leave decreases productivity scores for either individual employees or enterprises. In fact, mounting evidence increasingly shows that the opposite is true. However, two misguided state senators from the very same state, Pennsylvania, continue to argue against this clear, scientific evidence. Senators John Eichelberger, R for Blair/Huntington/Fulton/Franklin/Cumberland counties and Lisa Boscola, D for Lehigh/Northampton counties have announced their plans to introduce a state paid sick leave law that would explicitly prohibit local authorities to pass ordinances on the matter. Our new post will examine sick leave as a whole and how these PA State Senators Announce Bill to Stop Paid Sick Leave.
The Pennsylvania Case Against Paid Sick Leave
At the time that we wrote this article, per the recommendations from the aforementioned researchers, Philadelphia planned to implement mandatory paid sick leave. However, the bill announced by the two Senators would maintain and complicate the status quo. Currently, paid sick leave in Pennsylvania and all of its municipalities lies in the hands of employers. They can choose to award it or not on the grounds of suspicion of sick leave abuse.
Remuneration for sick leave recently became an issue of growing concern in the United States as of late. Numerous workers’ rights advocacy groups maintained the argument that the adoption of a pro-paid sick leave law is necessary for the rights of employees across the country. They argue that not passing these laws could cause serious public health risks for the population at large. Understandably, few workers would willingly choose to lose their wage for a day and show up for work instead. Working while sick puts all of their colleagues at risk. The research study found that a lack of paid sick leave caused many employers to lose productivity in the long run. Current laws in this country allow for discrepancies between cities. Some employees fear that a business may relocate to a city where paid sick leave is not mandatory, thus causing the original city to lose a percentage of tax base and witness an economic downturn. Once again, the research study found that this view was more of a myth. Plenty of liberal cities which force employers to pay for sick leave (such as San Francisco) continue to retain companies and attract increasing business.
We could easy to extrapolate the above situation to the national level. If one state makes sick leave compulsory and another one doesn’t, as is the case with Pennsylvania, will the economy of the state with the humanitarian legislation lose a percentage of tax revenue. The announced bill from Eichelberger and Boscola would prevent legislation which forces employers to pay for sick leave (excluding the items already covered by the Pennsylvania labor law). Under this law, any city that tries to pass laws enforcing paid leave would be effectively struck down by this state law. Ten U.S. states have already passed laws against paid sick leave. Most of these state only offer a minimum protection to their workers. Of course, Pennsylvania readers who oppose the two senators’ legislative initiative can always express their dissent with the upcoming bill by voting both Eichelberger and Boscola out of office next election. State elections in Pennsylvania are always direct elections. And, if you feel that these two haven’t represented your best interests, you would be well within your rights to take their jobs away from them.
Does Paid Sick Leave Really Hurt Employers?
Not much evidence exists to support the claim that paying for sick leave hampers productivity or causes unwarranted expenses. In fact, mounting evidence points to the opposite: paying workers for their time off to recover is important for both the employee and the employer. A Bell Policy Center report shows that, in the long run, employers stand to save quite a bit of money by remunerating workers for the time they spend at home recuperating from an illness. Employers may save money in the short term by not paying for sick leave. But, when that employee shows up to work and spreads the influenza to the rest of your staff, productivity inevitably decreases. The same poll shows that over 70 percent of San Francisco-based employers saw no negative effects (or negligible negative effects) stemming from the application of the local law to enforce paid sick leave. Conversely, employees in this area gained an invaluable tool to protect them from abuse at the hands of their employers.
The sole argument made against companies paying for sick leave is that some workers may feign illness in order to stay at home and collect a paycheck. Not only has this turned out to be a marginal phenomenon, but paying for sick leave has been shown to maintain normal productivity levels throughout the course of a year.
As the new year further unwinds, we’ve decided to cover the most surprising and newest ways to earn money in 2015. All of these methods can be carried out directly from the comfort of one’s own home which is the best part of it. The question of how to legitimately make money from home has been at the top of many job-seekers’ minds ever since the advent of the Web 2.0 revolution. However, many have given up on the idea due to a torrent of scams, unorthodox jobs, pyramid schemes (get rich quick), and other spammy pitfalls. Fear not. We’ve decided to help you out by covering the 5 Legit Work from Home Jobs to Help you Earn Money in the New Year.
It looks like it’s easier than ever to make money from home. You might be a loner. You might be tired of the daily commute, or you might simply want to entertain a lifestyle that allows you to spend most of your waking hours safe and snug at home. Whatever the case may be, here’s our January link round-up of work-at-home ideas.
5 Legit Work From Home Jobs to Help you Earn Money in the New Year
Best Jobs for Introverts – Justine Hofherr examines three different professions that are great for loners (plus three more that qualify for honorable mentions). The picks that make the list are not new by any stretch of the imagination. But, the article illustrates the success stories in all the fields mentioned. For those interested in supplementing their income with a work-at-home career, graphic design offers many excellent opportunities in 2015. (Boston.com)
Work from Home? New Pilsen Co-working Space Seeks Collaborators – If you live in the Chicago area, you might be interested in (or at least inspired by) the story of a bold young architect. This architect struck out on her own with a dashing co-working space. Stephanie Lulay writes about Chyanne Husar, an architect who started her own business in 2010. She is currently raising funds for her collective workspace. (DNA Info)
Tired of Driving to Work: 20 work-from-home jobs – Erika Rawes lists highly surprising fields that currently hire work-at-home professionals. Rawes culled her list from a poll conducted by the dedicated online portal Flexjobs. Some of the least likely results include Chief Public Affairs Officer, Fish Biologist and Senior Branding/Naming Expert. (Cheat Sheet | USA Today)
The 50 Most Surprising Work-from-Home Jobs of 2014 – Laura Shin quotes the same FlexJobs survey and adds that some of the companies hiring in 2014. These companies include major names such as Apple, American Express, and the Chicago Cubs! Perhaps you worry that these work-from-home listings aren’t legitimate? This article will definitely help change your mind. (Forbes.com)
Bonus: How to Score a Promotion Even When You Work from Home – All right, so you’ve landed that cushy work-at-home job. What do you need to do to excel at it? Get dressed, show up (sometimes), don’t work past office hours and (most importantly) work for the right company, says Laura Vanderkam. Even though this piece focuses more on what to do after you get the job, it still lists some unexpected career opportunities in the area as provided by telecom companies and other unlikely employers. (Fast Company)
At the end of September 2014, Liz Ryan, a consecrated Forbes contributor, wrote an article on what to do when being asked about your past salary during a job interview. Her article advises readers to maintain privacy regarding their salary and how this practice can increase your hiring leverage. In her article, she argues that such a question is actually an ‘illegal’ interview inquiry between a potential employer and employee. She also argues that not disclosing such information can actually work to the advantage of the job seeker if handled correctly. We endorse this sentiment whole heartedly. If you’re at a job interview and the recruiter or headhunter asks you about your current job salary, politely decline to answer. As Ms. Ryan indicates, you should instead note your salary target instead. If you do answer this question, not only are you caving to the hiring manager’s illegal question. But, you could ‘shoot yourself in the foot’ by making the potential employer offer you just a bit more than you currently earn. This may occur despite the fact that your qualifications and new job position would make you entitled to earn much more. The job market is too strong for anyone out there to be selling him or herself short through such self destructive behavior. [Read more…]
Our economy experienced some extremely difficult times these last few years. People seeking employment in competitive job markets must do everything they can to keep their options open. At the moment, many career opportunities exist in both the public and private sector; however, the private sector appears to be losing popularity in the job market more recently. We can attribute this loss to the non-wage incentives offered by public sector employers to executive level employees. But, do public or private executives earn a higher salary?
Before we examine the differences between private and public executive level earnings, let’s define the two industries. Public sector employees usually serve as part of the government or a government agency. Private sector jobs are generally associated with the business world (example: business owners, organizations, independent corporations, etc.)
At the moment, federal and provincial governments continue to struggle with deficits. These agencies seek solutions to halt excessive spending. More and more employees show interest in learning how wages (and non-wage benefits) compare between employment in the private sector and the public sector. Who has the higher salary between these two?While some may view a job’s payscale as the sole factor indicative of a job’s worth, we believe that many other benefits should be considered (such as medical insurance, days off, incentives etc.)
Both public and private executive level employees face their own challenges when it comes to compensation and work benefits. Public sector employees’ salaries cannot compare to those of Chief Executive officers in the corporate world. PayScale discovered some interesting facts about the difference in public and private earnings for CEOs and their employees. This chart portrays the differences in salary. It also draws attention to the unpredictable nature of these salaries.
“Average pay levels vary between the public and private sectors because of the different jobs and characteristics of the people within each sector” – Source: Ons.gov.uk
Each sector of employment presents its own unique set of challenges. This means that executive compensation greatly varies according to size, age, and profit of the business. The public sector may suit your friend’s professional interests. That doesn’t mean that it will also benefit you. Furthermore, many executive salaries are not made available to the public. This lack of transparency creates challenges to accuracy.
Public versus Private Sector
According to a study conducted by Epi.org, CEO payment in both the private and public sectors continues to rise while employee salaries remain the same. James F. Reda also conducted a study on Private vs. Public Total Compensation. According to his findings, privately-held companies usually approach compensation differently than public companies. In other words, compensation philosophies differ vastly.
Public companies focus more on financial rewards, while public sectors provide employees with more benefits (like better medical access, education, equity, long-term retirement incentives, or insurance). Another thing to consider is the major difference between the roles of a CEO in a private company to that of one from the public sector. The following report (from Jfreda) shows a private CEO’s pay as a percentage of a public CEO’s compensation plan:
From the perspective of total compensation, this factor is not an equivalent measure. Different private companies offer their own benefits packages which include more than just financial bonuses. The industry with the highest salary is not the most important factor for drawing employment from the job market.
“On average, chief executives likely earn more, and first-line supervisors probably earn less than mid-level managers.” – Source: Ons.gov.uk
Pursuing an Executive Level Job
The road to becoming a CEO is similar for both private and public sector. A certain blueprint exists that all employees must follow in order to obtain this title. First of all, you must distinguish yourself from the rest of the employees with the help of strong leadership skills, unique personality traits, and unusual talents. Secondly, you must obtain the proper level of education for the position. While no laws exist stipulating that CEOs must possess college education, very few CEOs in the US don’t possess a bachelor’s degree. Experience is vital as well. Of course, this experience must be pertinent to the company’s field and the position.
The Fas.org report clearly shows that private sector employment is decreasing due to the effects of the 2007 recession. Also, the public sector now consists of larger organizations whose employees earn slightly more compensation than employees of smaller organizations. A report from 2013 demonstrates that public sector workers earn an average of 13% more than private sector employees and CEOs once you factor in the additional benefits. However, on average, private sector CEOs earn more compensation than their public sector counterparts. Employees and potential executives are being attracted to these industries due to the stability and compensation philosophy of public sector jobs.