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Lessons From Past Recessions

Success

What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Am I anticipating any major life events with significant expenses attached (like a new baby or retirement)? How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)?

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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

Success

This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Let’s be real, those expensive groceries aren’t going to buy themselves. Rally your network of supporters We can all brag about how great we are, but it won’t go nearly as far as others doing it on our behalf.

Promotion 290
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44 Ways to Kick-Start Your New Year

Success

Find a mentor. I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Refresh your network. Reach my financial goals.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

Success

This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. Cut expenses to the bone. In the salaried world we get at least a couple weeks’ paid vacation and feel justified disconnecting from work. Congratulations! Take a vacation.

Salary 363
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4 Ways Businesses Can Approach the New Generation Gap

Office Dynamics

Here are four ways to get started: Promote Cross-generational Mentoring. Modern mentoring opens the doors for younger generations to step in as advisers. Create a mentoring program for employees to lean on their managers and learn about everything from technology to networking.

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Writing Meaningful Performance Goals

All Things Admin

They may have a direct impact on your salary and bonuses. It will help guide all of the decisions you make related to investing money in training and networking, which skills you want to improve or develop, and ultimately, where you want your career to take you. Goal setting is a process, and it’s not something to be taken lightly.

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Will This Tough Job Market Change Generation Y?

On The Job

With their technology skills and great social networking abilities, GenY ( born roughly between 1980-2003) previously have found employers willing to meet their expectations. Today, more than 50 percent of candidates say they will take the salary offered. But then the recession hit and unemployment soared to more than 10 percent.

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