Quick and Quintessential Career & Job Tips
Job-hunting tips from the July 21, 2003 issue of QuintZine.
An on-going sluggish economy continues to depress corporate salary budget increases in 2003, and the projections for 2004 aren’t much better, according to the Salary Budget Survey, released by WorldatWork, the association of compensation and benefits professionals. The annual survey includes data indicating that salary increases this year will be about a half a percent lower than what was projected last year, which is the same decreasing trend the survey revealed between 2001 and 2002, and marking the lowest level in the survey’s 30-year history. Respondents are WorldatWork members who are employed in the compensation and benefits departments of more than 3,100 diverse companies, representing 15.8 million U.S. employees. Read the full story.
The TNS study surveyed 20,000 workers across 33 countries. Two thousand full-time employees were surveyed in the U.S., ranging from corporate executives to front line and administrative employees in all industry groups. The U.S.-based employees worked for some of this country’s, and the world’s, largest organizations. The study classified employees into four groups:
- Ambassadors (Global 44 percent/U.S. 41 percent): The most committed — those who are fully committed to the company and to their work.
- Company Oriented (Global 8 percent/U.S. 8 percent): The next most committed group, which includes those who are fully committed to their company — more so than their work and career.
- Career Oriented (Global 14 percent/U.S. 20 percent): Includes those who are more interested in furthering their career and their needs over the needs of the company.
- Disengaged (Global 35 percent/U.S. 31 percent): The employee segment that no company wants, but has in abundance. They are neither committed to their company nor to their career.
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