Compensation in the New Economy: Pay Philosophies and Pay Structures-- Salary.com Takes the Mystery Out of It All; Compensation Expert from Salary.com Available to Comment.Business/Technology Editors WELLESLEY Wellesley, town (1990 pop. 26,615), Norfolk co., E Mass., a residential suburb SW of Boston; settled 1660, inc. 1881. Its many educational institutions include several private preparatory schools, Babson College, and Wellesley College. , Mass.--(BUSINESS WIRE)--Aug. 11, 2000 The quantity, the structure, and the nature of pay is changing dramatically. The booming economy, tight job market and exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. of the high-tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. industry have put job seekers job seeker also job·seek·er n. One who seeks employment. in an enviable en·vi·a·ble adj. So desirable as to arouse envy: "the enviable English quality of being able to be mute without unrest" Henry James. position. With salaries for grads at an all-time high and job-hopping an everyday occurrence, job-seekers are hungry for up-to-date compensation data, including insights into new economy pay philosophies and pay structures to enable them to land the best possible compensation package. Salary.com is ideally positioned to satisfy this need by providing accurate compensation information at no charge. Erisa Ojimba, compensation consultant with Salary.com, can provide valuable insight on the following topics: -- What is a pay philosophy? Do all companies have one? -- How does a typical company's pay structure work? -- Pay structures and hierarchies, grids and grades: How do they work? -- Minimum, median and maximum - How do you know you are being paid fairly? -- How important is the job description in determining what you are worth? -- Armed with all of the above, how you do you use this information to negotiate the best overall compensation package? To arrange a media interview with Erisa Ojimba, or for more information on Salary.com, please contact Carol Casey at 781-684-0770. About Salary.com Salary.com is the leader for compensation information online for individuals, business managers and human resource professionals. Salary.com provides accurate, authoritative compensation data and content online, at no charge. Based in Wellesley, Mass., Salary.com offers the most in-depth coverage of salary information for a comprehensive set of industries and thousands of job titles. The Salary Wizard Instructional help in an application or system development environment that guides the user through a series of multiple choice questions to accomplish a task. For the most part, wizards are more effective than the help menus found in most applications, which often border on the atrocious. (TM), Salary.com's flagship compensation tool, lets users research what a job should pay in three quick steps. In addition to compensation data, Salary.com also provides editorial content on compensation advice, negotiation tactics and news specific to the compensation marketplace. Content from Salary.com is available at www.salary.com as well as through syndication See syndication format. on other Web sites, including Yahoo! Careers, Hoover's Online, postnet.com, Venture Vortex, College Recruiter, BigJobBoard.com, WetFeet.com, Jobs.com, Vault vault, ceiling over a room, formed in any one of a variety of curved shapes. Nature of Vaults A vault is generally composed of separate units of material, such as bricks, tiles, or blocks of stone, so shaped or cut that when assembled they form a .com and CareerCreations.com. For more information, contact Salary.com at 781-237-2441, extension 247, or send e-mail to press@salary.com. |
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