• Retail Jobs That Involve Travel: Airport Retail Store Manager

    Name: Shriram Sanjeevi
    Job Title: Airport Retail Store Manager
    Where: Bangalore, India
    Employer: BIAL: Bangalore International Airport Limited - the first private to public partnership model to build and operate a commercial floor plan of retail stores in an Indian airport.
    Years of Experience: 3
    Education: Executive Education from Indian Institute of Management, Bangalore, 2007; Level 1 Certificate Program in German Language, 2006; Post Graduate Diploma in Business Administration from Institute for Technology & Management, Chennai, India, 2001; Post Graduate Diploma in International Business from Pondicherry University, India, 2000; Bachelor of Commerce from RKM Vivekananda College, Chennai, India, 1999; Gill Adarsh Matriculation Higher Secondary School, Chennai, India, 1996.
    Annual Salary: Use PayScale’s research center to find Retail Store Manager Salaries.

    Managing retail stores in an airport requires one to think outside the box. With shopping being a secondary priority to most travelers, having a good airport management simulation, or strategy, is key in convincing consumers to spend money when they travel. In this Salary Story, Airport Retail Store Manager Shriram Sanjeevi talks about his experiences in designing the floor plans of retail businesses in the Bangalore airport, as well as how he convinces the consumers to shop as they pass through the airport.

  • Cutting Hours and Pay: Hourly vs. Salaried II

    Two month ago, I started to answer a few readers questions about cutting hours and pay for exempt and non-exempt workers. I promised a second post of the subject: this is it.

    Here are the questions I still need to answer:

    "[...] can a person be determined exempt for the reason of “Professional” when he/she only works 10 months out of the year, furloughed for 8 weeks to go on unemployment benefits, then return to work?"

    "[...Given the downturn in our business] our exempt and non-exempt employees would be willing to trim their hours from 40 hours to 32 hours per week (get paid for 32). Having said that, I wanted to verify if this would violate any FLSA benefits and/or rights for either classification (exempt or non-exempt)."

    "I am an exempt employee; can my company strongly request that I volunteer to take 2 days off without pay in order to help meet the annual budget?"

    These questions are basically the same; can salaried employees "ready, willing, and able to work" be paid less than their full salary? The simple answer would be no, but nothing is ever simple.

    Are you paid your full salary, or is your pay already on a furlough? Find out with a PayScale free salary report.

  • Pay Packages: Smaller Now than 8 Months Ago?

    This question came via the Seattle Tech Startups mailing list:

    How do you adjust for the recent changes in comp packages brought about by recession, layoffs, unemployment rates, etc? Or don't you?

    It would seem to me that data from 8+ months ago is probably quite different than data from the recent 2-4 months...

    The simple answer is that about half the data PayScale now uses were collected since October 1. We also look at any trends in the data over the last year, and target our reports to reflect our best estimate of what a job paid 90 days ago.

    If there were a big shift in pay for a job in the last six months, our current reports would show the typical pay as of January first. No other salary survey has or uses data this fresh.

    However, this answer is missing the point.

    Implicit in the question is that employers reduce costs in a recession by reducing the pay to workers. The real answer is more complex, and is the subject of this post.

    Are you being paid what you are worth today? Even in a recession, some jobs are in high demand. Find out with a free PayScale salary report.

  • More Millions, More Mishaps: Washington Struggles with AIG’s Executive Compensation Bonuses

    A remnant from the previous administration’s carelessness is now an enormous problem for the current one.

    When American International Group, Inc, AIG, accepted taxpayers’ bailout funds last year, no member of the Bush administration bothered to address how AIG planned to reward their employees in the coming year. Then, according to an AP article, “Analysis: White House, Dems Backpedaling on AIG,” no one in the Treasury Department under the Obama administration double-checked the AIG bonus structure or compensation plans when they gave AIG an additional $30 billion just a few weeks ago.

    Now, after AIG followed through on its contractual obligation to give out $165 million in executive bonuses to its high level employees, is it ethical to reverse AIG’s actions and get that money back to the taxpayers?

  • Careers in Law - Government Contracts Paralegal

    Name: Anonymous
    Job Title: Government Contracts Paralegal
    Where: Washington, DC
    Employer: United States Congress
    Years of Experience:
    Education:Certificate, Paralegal Studies, U of MD University College (UMUC); Bachelor of Arts Legal Studies, UMUC; Master's Certificate in Government Contracting, George Washington University/ESI
    Annual Salary:Use PayScale’s Research Center to find Paralegal Salaries, including the Median Paralegal Salary by Years of Experience.

    Careers in Law - Government Contracts Paralegal

  • Dream Jobs: Fun Opportunities After a Layoff

    Post by Katie Bardaro, Research Analyst, PayScale, Inc.

    With thousands of lay-offs, and a hiring freeze at many employers over the last few years, now is a good time to consider concentrating your job search efforts on a "dream job."

    Dream jobs require little or no formal training to get started, and are a way to pursue a hobby, enjoy more leisure time, and/or socialize with all types of people. The pay for these jobs is often lower, but you can be vastly rewarded with more fun, less stress, and shorter work weeks.

    In this blog, I will look at a variety of dream jobs and what they pay.

    Are you curious about the salary of your dream job? Find out using PayScale's Salary Calculator.

  • Five Ways to Keep a Job During a Recession
  • Need Some Income and Love Sports? Try Living Off the Starting Salary for a Sportscaster

    According to The Bureau of Labor statistics report titled “The Employment Situation: February 2009,” the national unemployment rate reached 8.1 percent in February of 2009, up from 7.6 percent the previous month. Not a cheery statistic. In fact, I was watching a news segment on this very subject when it dawned on me; all of these TV hosts are still employed. Is the television industry suffering financially like so many other industries?

  • Job Hunting During a Recession
  • The U.S. Recession and College Student
    If you're graduating from college this spring, you may be on edge. Not at the thought of the awaiting pomp, circumstance, degree-collecting or cap-tossing-but at the abysmal job market lurking beyond your ivy-covered walls. Indeed, daily reports of layoffs, financial ruin and political squabbling over the economy could be dashing your hopes of finding a job anytime soon.
  • Stress Management in the Workplace
    Most every day there's a torrent of bad news reminding us our economy is sick. But what about us-are workers getting sick from economic-stress-induced angst? Some of us might be.
  • Unemployment Up - and Pay Raises too?

    The February unemployment report from the Bureau of Labor Statistics (BLS) released Friday is bleak: a 8.1% unemployment rate.

    David Leonhardt, writing in the New York Times Economix blog, tried to put a positive spin on the news by pointing out that the data imply average wages are rising, and are up about 3.6% over one year earlier.

    How can this be? I suspect two things:

    • The BLS statistical measurement of average wages is likely accurate
    • The obvious conclusion, each worker got a raise averaging 3.6% in February, is very likely wrong

    The phenomena is an old one known to compensation professionals: in times of layoffs, the average pay at companies losing workers often goes up, as reported in traditional compensation surveys.

    In this post, I will look at why average wages go up with layoffs, and what this really means. Want to know if wages for your job and skills are up or down? Find out with a free PayScale salary report.

  • Generation Y: What Is a Lot of Money?

    By: Katie Bardaro, PayScale.com [Note: This blog post was updated in February of 2011 to reflect more current salary numbers]

    People in my generation (Generation Y) expect to earn high pay after college graduation, but is this realistic? According to an article by CNN.com, those in Generation Y want "better pay, a flexible work schedule and company-provided [technology]." In fact, an overwhelming majority of hiring managers and HR professionals describe these people as exhibiting "a sense of entitlement that older generations don't."

    What type of salary can those of us in Generation Y expect and what is considered a lot of money? Here at PayScale, we are obsessed with accurate salary data and can use our database of over 21 million profiles to answer this question.

    In this blog I will look at some interesting salary facts according to several different characteristics: school, major, gender, job titles, and location.

    Are you a recent college graduate and wondering whether you are earning top dollar? Use the PayScale Salary Survey to find out.