Salary and Career News Round Up: Facebook Fights Back, March Madness Promotion Lessons and Greg Smith's Revenge

Every Friday we round up the salary trends, career stories and job news that you may have missed during the past week.

  • Facebook is speaking out against employers who ask that potential employees surrender their passwords. Thus far, the social media site has no plans to sue employers, saying instead that "we look forward to engaging with policy makers and other stakeholders, to help better safeguard the privacy of our users."
  • What lessons on leadership promotions can you take from March Madness? Plenty, according to Bradford Thomas of DDI.
  • New research shows that women with high salaries have an advantage over less-successful women when it comes to dating and marriage prospects. Marriage rates have risen for top female earners, while they've dropped for lower-earning women.
  • Remember Greg Smith, who quit his job at Goldman Sachs via a New York Times op-ed? He's just signed a $1.5 million book deal, which represents three times his annual salary at his former employer.
  • A group of economists crunched some serious numbers and discovered that the world's average wage is about $1,480 a month in Purchasing Power Parity dollars. PPP dollars account for the cost of living in various regions. For context, that figure is equivalent to the average salary in Poland and under half of the average salary stateside.

More From Payscale

Goldman Sachs Executive Writes Scathing New York Times Op-Ed to Announce Departure
2012 Salary Madness: Can Alumni Salaries Predict the NCAA Champ?
Rise of the Alpha Female: When Will Women Breadwinners Become the Majority?


(Photo credit: _J_D_R_/Flickr)


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