• Working Moms Are Still Getting the Short End of the Stick
    Let's face the facts: being a working mother is exhausting and, oftentimes, completely defeating. Many women put their own career and life aspirations on hold to raise children, but very few of these ladies actually speak openly about the endless struggles they face on a daily basis. Here are the facts that you should know about the realities of working mothers and what you can do to help.
  • The Women on Top: The Country’s Highest-Paid Female CEOs
    According to the Bureau of Labor Statistics, 248,760 Americans held the job title "Chief Executive" in 2013. As leaders who are (at least theoretically) responsible for making some of the most crucial decisions involving a company and its workforce, Chief Executives have at times singular amounts of authority, privilege, and responsibility. They are compensated accordingly, usually with salaries clocking in at a minimum of six figures. In the U.S., for example, CEOs earn an annual median salary of $153,353, according to PayScale's Salary Survey, which includes 6,674 CEOs.
  • The 10 Most (and 10 Least) Profitable Undergraduate College Degrees
    Of course, you could make your millions after earning your bachelor's degree in English or art history, but if high earning potential is your post-graduation goal, you'll want to target your educational plans accordingly. (Hint: think STEM.)
  • These 3 Types of Jobs Won't Make You Rich, But They Might Make You Happy

    Money is only one of the many reasons we work. Some people find incredible satisfaction in their careers, even when the pay is average is or low. The following are some of the most meaningful jobs that will not make you a millionaire, but might prove that money doesn't buy happiness.

  • Geek Out, Ladies: The Tech World Needs You
    Why does the tech industry need more leading ladies, and why do so many young women shy away from pursuing potential STEM careers early on in their education?
  • Get a Raise By Asking Your Boss for a Job Analysis
    Want to score a nice raise this year? Ask your boss for a job analysis! A job analysis evaluates your current role based on four main factors that include: job tasks, work environment, compensation trends and individual performance. The better you can leverage your job analysis to prove you are a top performer, the better chance you have at earning a higher salary.
  • Great Recession Is Great Downer for Generation Z

    You could say members of Gen Z are pragmatic. They grew up after 9/11. They’ve seen reports of school violence and the fallout of the Great Recession. They’re more aware of troubling times, and as a result, they’ll be wary with their money, according to this Forbes article. So why so gloomy?

  • Equal Pay Day Is Misleading

    For those of you who are interested in gender pay gaps, you likely know today (April 17th) is Equal Pay Day. This date "symbolizes how far into 2012 women must work to earn what men earned in 2011," according to the National Committee on Pay Equity.

    However, this statement is misleading and construes the facts about gender pay differentials. Yes, it is true that the average pay of female workers is less than the average pay of male workers. In fact, according to the Bureau of Labor Statistics (BLS), median full-time female workers' pay is only 81 percent of median full time male workers' pay.

    The issue with these generic statements is they do not control for differences between the two genders that can account for much of this pay gap. Together with the New York Times Economix blog, PayScale took a deep dive into gender pay differentials to see what differences do exist once you control for outside factors. Continue reading after the break to see what we found.

  • Top Jobs for Veterans

    Top Jobs for Veterans

    Back in 2011, Obama promised the complete withdrawal of troops from Iraq and a significant reduction of troops in Afghanistan by year's end, both of which would cause a significant influx into the U.S. labor market for 2012. Where are these veterans going to go? What type of jobs are they suited for? And, what industries are even hiring in today's hurting economy?

    We decided to address these questions by looking at what current veterans are doing in hopes of providing advice to those coming home from the Middle East. Continue reading after the break to see what we found.

    Are you a veteran and curious about jobs that are available to you with your given set of skills and experience? Visit our PayScale Research Center to discover what people like you are doing.

  • College is Not Always a Good Investment

    Today, we released our annual study with Bloomberg BusinessWeek on the return on investment (ROI) in education for 691 bachelor's degree granting schools.

    As college costs continue to rise, the justification for paying these costs becomes ever more important. What better justification is there but a measure of their future payoff? In other words, is attending college a good investment in terms of the pay increase it offers over a high school degree?

    The PayScale ROI study helps to answer this question, but the answer is not a simple yes or no. Whether attending college is a good investment or not depends upon many factors, such as the cost incurred, graduation rates at the school, major choice, and the typical pay of the school's graduates.

    In this post I will briefly discuss the methodology of the study, how it changed from last year, and some key insights from the data.

    Whether you went to college or not, are you earning what you are worth? Find out with a free PayScale salary report.

  • PayScale Index: What is an Index Anyway?

    We at PayScale recently released the Q4 2010 results for the PayScale Index. See a previous blog post describing the Index and another one that compares the PayScale Index to other common measures of labor market health.

    However, a common question posed by our readers in response to our release was, "What is an Index?" Or in other words, "What do the numerical values actually measure?"

    In simple terms, an index tracks changes in a variable from some baseline time period. In terms of the PayScale Index, the variable we are tracking is the total cash compensation for full-time private industry employees in the U.S and the baseline year is 2006.

    In this post I will further discuss what an index measures, how it is calculated and compare the PayScale Index to another commonly used index, the Consumer Price Index (CPI).

    Understanding how we measure changes in compensation over time is interesting, but so is understanding your place in the current labor market. Find out where you are with a free PayScale salary report.

  • Is Global Warming Good for US Jobs?

    There is little disagreement about whether global warming happening, only some, like Gov. Sarah Palin, question whether it is caused by people. Beyond that fight, there is another debate: what could be the effect of these environmental factors on jobs?

    While "green collar jobs" were overshadowed during the general election by the financial meltdown, they remain a top component of President-elect Obama's energy plan, with predictions of 5,000,000 new jobs. Could the green sector be that important to our future economy?

    According to a report on CNN.com, the effect of environmental factors on jobs could be an employment boom, or bust. The Apollo Institute, an organization that wants a government renewable energy project, predicts three million new green jobs over the next ten years. However, the Energy and Resources Group at the University of California Berkeley expects closer to one million new jobs by 2020.

    Could your salary weather the effect of environmental factors on jobs?  Find out with PayScale's full salary survey.

  • Career Change at Middle Age

    Posted by Dr. Al Lee

    "Career change at middle age." Just the words seem daunting, but in our ever-changing job market and the current economic downturn, more and more people are switching careers, some by choice, and others out of economic necessity.

    One common route to a career change is further education. According to the U.S. Census Bureau, back in 2006 employees with a graduate or professional degree earned an average salary of $80K, while those with bachelor's degrees earned an average of $55K; that's a big difference in pay. If you're interested in heading back to school, check out online degree programs in the PayScale Education Center.

    How would a new degree affect your salary?  Find out with the PayScale Salary Calculator.

  • Telecommuting From Home Success Stories

    Csmonitor.com devoted an entire article to telecommuting from home success stories. In the age of Blackberry, Skype, e-mail and instant messaging, it is becoming more common for businesses to allow employees to telecommute from home, or even the local coffee shop. I touched on this in my previous post about legitimate work at home jobs. 

    Exactly how many people are working in their PJs? WorldatWork, a national organization of HR professionals, says that around 28 million Americans are working from home at least one day per month, and that number could reach 100 million by 2010. Which jobs were included in these telecommuting from home success stories?  Keep reading!

    How does your salary compare to telecommuting from home success stories?  Find out with the PayScale Salary Calculator. You can also use the PayScale Cost of Living Calculator to see how much you would need to make to maintain your current standard of living in a different city. 

  • Jobs with Good Vacation Plans

    For some folks, time off from work can be just as important as salary. Fortunately, there are careers that allow you to take more time off than the average Joe who might get 2 weeks.  In fact, some careers offer two to three months off. According to an article on Yahoo, jobs with good vacation plans are out there, you just need to know where to look.

    However, increased free time often comes with increased risk. If your idea of a fun vacation is being paid, and having a job to come back to, some of these options may not be for you.

    How does your salary compare to jobs with good vacation plans? Find out with PayScale's full salary survey.

  • Setting Pastor Salaries and Pastor Compensation

    The stereotype of the televangelist with six cars and seven houses has pretty much faded away. When it comes to setting pastor salaries these days, BaptistStandard.com reports that the national average pastor compensation is $77,096.

    This average comes from The Compensation Handbook for Church Staff an "industry" survey of compensation. This average is significantly higher than the PayScale median salary of $56,000 for Senior Pastors.

    As we will see, the difference is both in the definition of compensation and the scope of responsibility. It never is just about the job title :-)

    How does your salary compare to the average pastor compensation?  Find out with our salary calculator.

  • Veteran Jobs: Iraq Veteran Job Opportunities?

    If all went according to plan, military reservists who go to war would have their stateside jobs waiting for them when they returned.  However, in the real world, 23 percent of veteran jobs are gone when reservists return, per a report by CNN.com. And many servicemen say the U.S. government is not helping those who are denied their old jobs when they return from Iraq. In short, Iraq veteran job opportunities have become the new casualties of war.

    This info is part of a Defense Department survey of military reservists in 2005-2006. In the report, 44 percent were dissatisfied with how the Labor Department handled complaints of discrimination in veteran jobs, 29 percent had problems getting info from government agencies and 77 percent didn't try to get government help because they didn't think it would make a difference. Is this "supporting the troops?" What can be done differently?

    How does your salary compare to veteran jobs?  Find out with the PayScale Salary Calculator.

  • Part Time Jobs for Mom: Your Guide To Career Planning

    Working mothers have never had it easy, unless they're wealthy actresses with a slew full of nannies. Women are expected to meet corporate America's demands and be the main caregiver their children's lives. Not only that, some may be caring for elderly parents. That may be why more women are giving a thumbs down to 40 hours a week and looking for "part time jobs for mom," according to a recent survey by the Pew Research Center, as reported on CSMonitor.com.

    The survey said that when working moms were asked about their "ideal" work situation, a slim 21% cited 40 hour a week jobs, this was down from 32% in 1997. In contrast, 60% of 2007's respondents said "part-time jobs for mom" were "ideal," up from 48% ten years earlier.  Interestingly, 19% of working moms in this year's survey preferred not to work outside the home at all. Of course, working part time may not be a financial option for moms. What is the solution?

    What would your salary look like if you worked part time?  Find out with the PayScale Salary Calculator.

  • Increased Income for College Graduates: Class of 2007

    In a column earlier this year, I examined some of the average college grad income predictions made by the National Association of Colleges and Employers (NACE). So how has the class of 2007 actually done in the “real world?” Well, NACE recently issued its most recent and final 2007 Salary Survey which shows an increased Income for college graduates in many fields.

    Not surprisingly, there was increased income for college graduates in accounting. Number crunching continues to pay well; the average accounting job for college graduates gained 3%, with an average starting salary of $46,292. Business administration and management grads saw a 5.1% bump; their average salary, right out of the gate, was $43,256.

    How does your salary compare to accounting careers for college graduates?  Find out with our salary survey.

  • Jobs in Demand Nationwide, Only Certificates Required

    In earlier columns, I examined top paying jobs for people with no college degrees; and here we go again =o). I'm not trying to put universities out of business, but this seems to be a hot topic these days. So hot that Yahoo! Hot Jobs recently compiled an interesting list of jobs in demand nationwide that only require online certificate programs.

    Surprisingly a college degree is not required to be a paralegal, but you do need stamina. You're doing a lot of researching for attorneys. A friend of mine completed the UCLA paralegal certificate program and, today, is working for the U.S. Department of Justice and dating her teacher. According to the PayScale research center, the median salary for a paralegal ranges from $49,731 to $29,839 (boy/girlfriend not included).

    How does your salary compare to jobs in demand nationwide? Find out with our salary survey.