In the United States, 401(k) is a retirement savings plan provided by the employer. The plan provides employees with the option to defer a percentage of pay toward their retirement account, to be withdrawn at a later time. Retirement plans like these can be a major perk, especially if the company matches some of the employee's contributions. Here's how to get the most out of your 401(k).
Most prospective students have heard rumors about the effects on favoritism on college acceptance. Now, a new study that surveyed just over 400 admissions officers from the nation's top colleges appears to bolster those accusations, apparently showing that getting into a top-tier college has less to do with academics, and a whole lot more to do with who you know.
Everyone, at some point during his or her career, will experience the slightly guilty feeling of looking for work while still employed elsewhere. It's always preferable to search for a job while employed in order to maintain some level of financial and professional security — not to mention, it looks better to recruiters. Still, it's a difficult balancing act, especially when it gets to the interview stage.
Looking to apply for a new job? Before you send in your resume, you may want to reconsider what font you're using. As it turns out, your default choice of Times New Roman might send your resume right to the reject pile.
Anyone familiar with a 9-to-5 schedule is also likely familiar with the 3 p.m. slump. That daily midday breaking point when your "I'm going to get so much done today" stream of early morning motivation has long since subsided into sugar crash-fueled melancholy and a blurry computer screen. When this moment in the workday comes, which it always inevitably does, all you want is to power off your computer, lay your head on your desk, and go to sleep without repercussions. Well, what if you could not only take said cat nap, but were actively encouraged by your boss to do so?
An attractive compensation package may bring in good employees, but it definitely doesn't guarantee that they'll stay. We'll take a look at what encourages high-quality employees to stay put at their jobs, and what causes them to pack up and move on to greener pastures in their careers.
The good news is that the economy is recovering, employment opportunities are increasing, and many occupations are expected to grow by leaps and bounds over the next few years. The bad news? These "fastest growing jobs" barely pay above minimum wage – so if you're looking to use your degree, let alone pay your student loans, you'll need to look beyond these gigs.
We're supposed to pretend that we don't care what people think, especially at work – to do otherwise would be to admit that we're weak, that we lack the conviction and courage needed to get the job done. Reality, however, might be quite a bit different. In this week's roundup, we look at why other's people's opinions of you are still their business, and their business only – plus, tips on branding with a less-utilized social network, and what you absolutely shouldn't do if your employer shows you the door.
This is a tough time of year to be inside an office. The sun is shining, the flowers are in bloom, and you really want to be outside enjoying it. The days are longer, so hopefully that allows you some time to get outside after work, but that only goes so far to help you through the workday.
Women continue to chip away at the glass ceiling, slowly but surely, but gender bias can hold them back in lucrative fields like STEM. Some analyses of men's and women's resumes offer clues for women to help themselves break into that science-based dream job. Consider writing your resume "like a man."
For generations, transgender individuals facing workplace discrimination have had little legal recourse. While a small number of jurisdictions have passed local anti-discrimination laws, federal laws were rarely used to protect transgender people. However, that is changing.