Tag Archive | "standard of living raise"

Attention! Be Prepared for a Pay Cut

Attention! Be Prepared for a Pay Cut

Posted on 28 January 2010. Tags: , ,

You can probably do a lot of personality-development, self assessment, and skills enhancement to save your job or get a promotion. However, that wouldn’t help a bit if the economy isn’t on your side. Average Employee Overpaid May be the experts talk about correction in economy or depreciation in the unemployment rate. But what happens when you take a closer look at the bottom of the hierarchy. You or the experts will realize that a correction is needed there. Excluding the bonus and perks, an average American employee is paid much higher than the people with same roles, responsibilities, and designation, than the rest of the world. If the country wants to regain its momentum (logically, it definitely will), a cut down on employee compensation, perquisites, and benefits is inevitable. For [...]

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