Category / Employment


How to Ask for a Raise in a Tough Economy

When the economy seems to be stalled, and many businesses are struggling to simply keep their doors open, asking for a raise can feel greedy, unfair — or even feel like a bad career move.

The truth is, though, that most businesses are interested in keeping their best employees on board and happy, and if that means adding a little extra to their paychecks, then they will find a way; however many managers won’t offer a raise “just because” or before your annual review. That means you have to advocate for yourself, and ask for what you deserve. Before you rush into your boss’ office and demand more money, keep these tips in mind. 

Do Your Research

When there is more month than money on a regular basis, it’s easy to believe that you are underpaid. Do some research before you ask for a raise. What are people in similar positions in your industry earning? Do they have the same level of experience and education? Someone with a masters degree in human resource management, for example, is probably going to earn more than someone who only holds a bachelor’s degree.

At the same time, just because the average salary for your job is a few thousand dollars per year more than what you earn doesn’t mean that you’re automatically entitled to that amount. The size and financial condition of your employer, and where you live can make a big difference. Someone working in midtown Manhattan, for example, is probably going to earn more than someone doing a similar job in rural Maine. If you determine that your salary is lower than average, though, you have one piece of the puzzle for requesting a raise.

Make a Case

First of all, you need to have a solid track record of performance before you can ask for a raise. In general, you should be in your position for at least a year before you start requesting more money.

However, simply showing up isn’t enough to warrant a salary increase. Be prepared to present solid evidence that you deserve more money. Create a document that highlights your achievements and shows how you’ve met — and exceeded — your boss’s expectations. You need to remind your boss of the value that you bring to the organization, and what she stands to lose if you take your talents elsewhere.

Ask at the Right Time

If your company has recently announced a round of cost-cutting measures, it’s not the best time to go looking for more money. Before you schedule your appointment, assess your company’s financial position. If you aren’t sure of your company’s financial position, proceed with caution; if you make a reasonable request and have the evidence to back it up, your boss is likely to understand your request even if she can’t comply.

Prepare to Negotiate

There’s always a chance that your boss will decline to give you a raise, even if the company can afford it. Instead of scurrying back to your desk embarrassed, ask your boss for a plan that will help you earn an increase. For example, she may suggest that earning a management masters degree will improve your prospects.

And if you can’t get your boss to pay you more money, see if you can negotiate other benefits in place of a bigger paycheck. If your company can’t afford to pay you more, perhaps you can work from home a few days a week or take an extra week’s vacation this year. If you are valuable to the company, your employer is likely to make concessions to keep you on board.

During times of economic uncertainty, asking for a raise might feel unwise — some would argue that you should be grateful to have a job, no matter how much it pays; however, it is not unreasonable to expect to be paid what you’re worth, and sometimes you need to ask for that.

About the Author: Career expert Julie Bernson writes about work, money and career development for a number of publications. She holds a Master’s in Human Resources and teaches undergraduate classes at her local community college.

Image provided by Stefano Valle from Flickr’s Creative Commons


How to Land a Job in Finance Fresh Out of College

The financial industry is notoriously difficult to break into. Being a recent graduate with no real work experience makes it even more difficult. However, it is not impossible. Prepare yourself now so you can land a great job in finance shortly after graduation.

Start Preparing Yourself Now

Preparation is key to developing yourself into an attractive candidate. The following steps will prepare you to find your ideal job in finance once you have graduated.

  • Have a Vision for Your Career. Take time to figure out exactly what you want for yourself. Consider if the financial industry is right for you. If you decide it is, specify which role in this industry you would like. Do you want to be an equity trader, a financial analyst or an account manager? Creating a vision will help you take consistent steps towards realizing it. It will also help you decide which degrees to pursue. You may find that your bachelor’s degree will help you get started but that you will eventually need to earn a master of science in management onlineto advance.

  • Embrace the Right Major for You. Deciding on the right major will be one part of your vision, but its importance must be emphasized. You must be positive that your chosen degree will help you advance your professional goals. Kristi Hedges, a reporter for Forbes, suggests that you fully embrace your major once it’s been declared. Be passionate and enthusiastic about your degree. Hedges suggests that a passionate student will become a passionate candidate when interviewing for jobs — an incredibly attractive quality.

  • Never Stop Networking.According to Forbes, the most valuable skill a student can develop is the ability to network. Forbes suggests that you should request meetings with every relevant professional you meet. During these meetings, you should explain your career vision to them. Ask who they would suggest you meet with to accomplish your vision, and reach out to the people they provide. Follow up and let them know how the new contacts have helped you. This practice will help you establish a solid, professional network. Forbes also states that most people get jobs through connections.

Make the Most of Your Internships

Internships are the backbone of breaking into the finance industry. This means that having an internship will not differentiate you from other candidates. According to Investopedia, maximizing these internships is essential to finding a job in finance.

  • Intern Every Summer.If you just graduated high school and are about to start your bachelor’s degree, use the summer to intern. If you do this every summer during your undergraduate degree, you will have five internships once you graduate. You will receive professional advice while you intern, and you will be able to refocus your vision after each internship. You may discover that you will need to earn a masters of public administration online after you receive your bachelor’s degree, for instance.

  • Learn the Terminology. Some interns have a tendency to lack passion for their internships, largely because they are given low-level jobs. However, use these opportunities to learn the terminology of the financial industry. You will be in direct contact with professionals who will gladly teach you the terms you need to know.

  • Diversify Your Experience.Many interns are tempted to repeatedly intern at the same firm. However, this will limit your marketability after graduation. Investopedia suggests that interns seek internships at different types of firms. Intern at a stock-trading firm one summer and a wealth-management firm the next. You will discover which area of the financial industry is the best for you and have a variety of experience to discuss during a job interview.

Hard Work and Dedication Are Requirements

It will take years of effort and preparation to land a great financial job immediately after graduation. You will need to relentlessly network, intern every summer and be passionate about your chosen field in order to be considered an attractive candidate.

About the Author: George Russell is a contributing writer and financial analyst who recently returned to school for his master’s degree. He was fortunate enough to find his ideal job right after graduating with his bachelor’s degree.  

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Broadening your Recruitment Horizons

Everyone is looking for new opportunity. Confidence is returning into the psyche and that is being reflected in the investment that many companies are planning. If you are experienced in parts of the recruitment business you may think this is a chance to broaden your horizons and take advantage of the predicted growth in employment opportunities.

Perhaps you have worked in very specialised recruitment such as head hunting senior executives for a client, you may have found that although there is a significant reward for identifying a suitable person to fill an important vacancy in a company, it is something that is limiting your talents.


Broader approach

The whole recruitment business is a much broader sector. Some agencies specialise in particular sectors such as nursing, secretarial or accounting, others have broadened their approach because of the varying demands of their clients. If you feel you would like to diversify from merely head hunting and begin the process of starting a recruitment business you need to explore the whole sector; exploration at one level has become so much easier with the Internet responding to any researcher by providing more information.


You can gather information but you should actually also talk to specialists that provide advice and services relating to the recruitment business and see if there is scope for a business relationship. There are a number of ways that using recruitment business by Simplicity methods can help you with the detail you may not have dealt with before. It is an altogether different process running a company than acting as a consultant sourcing very senior staff by identifying and sounding out suitable candidates.

What you need to do is to build your brand and find clients. Many people are using social media to get their message across and that may be an alien concept to you. There are service companies that can help you on a number of fronts within recruitment.

The daily tasks

You need to get your internal systems in place and know that your cash flow planning allows you to meet your liabilities. However, your own time needs to be spent getting in front of people and developing the business. Why then not get help with some of the things that may be regarded as mundane but are nevertheless essential?

Any company has statutory responsibilities and a business that is involved in the labour sector certainly needs to have an efficient payroll system so that everyone is paid on time and HMRC is happy. There are only so many hours in the day and it is important that you use them productively. If the best way to do that is to get expertise to help, then that is the route to take. 

Image attributed to Ambro


10 Best Promising Careers in Finance Sector

A career in finance isn’t all about being a “money man”. However, there exists a very awry notion about finance professionals. An academic degree is where it all begins, followed by exploring accessible professional alternatives matching the stupendous demands of the new age business.

The sector is multifarious and multifaceted, enabling an assortment of opportunities to individuals with diverse skill sets and vision of making it big in life. Even couple of decades back careers like “Budget Administrator”, “Financial Advisor”, “Equity Specialists” existed only on books. However with the changing demand pattern of the financial geographies, the young wave of professionals have realized the potentials of the Finance sector and quite gleefully greeted this Wind of Change!

If you are an aspiring young professional seeking a promising career in the Finance sector you must be reading this article, as today we present the 10 Best Promising Careers in Finance Sector

1.     Financial Controller

Any company’s financial planning and debt financing objectives are best represented by a financial controller. Organizing the budget management prospects in an extensive manner is another crucial task handled in this context. Advanced accounting methods are chosen to implement latest industry practices to obtain maximum profits in a consistent manner. Realizing such a career is best possible by pursuing a suitable course at

2.     Tax Manager

Reporting and planning taxes on a regular basis is the major objective considered by a tax manager. The process of filing tax returns of the entire firm is undertaken without fail by such a dedicated professional. Implementing the local as well as international tax laws is best achieved by such professionals.

3.     Senior Accountant

Taking care of an organization’s liabilities in detail is creditably considered by a senior accountant effectively. The biggest responsibility shouldered by an accountant in the organization is that of examining latest financial trends on a regular basis. Realizing a glorious future in the financial sector is best possible at Bryantstratton with this career option.

4.     Financial Specialist

Investments have become completely logical with it requiring expert thinking entity behind regarding every financial decision taken. It is necessary to be a financial specialist in order to understand better about the share markets and their performances in a comprehensive manner.

5.     Valuation Analyst

Comprehensive business valuation needs to be performed on a regular basis to track the assets and liabilities of the concerned firm. The profession demands more with the concerned professional having maximum knowledge about various aspects such as accounting and taxing in an integrated manner.

6.     Investment Banker

Choosing the best performing firms on a regular basis with a strategic view is something that is best possible for those professionals in investment banking. Making huge profits is best possible in case the predictions go right for them. In contrast, severe losses are accrued if the decisions taken are not fruitful. Several of the students who pursued a course through Bryantstratton are now in responsible positions.

7.     Portfolio Manager

Dealing with the uncertainties of stock market in an extensive manner is the task cutover for a portfolio manager. Such a responsible professional is expected to manage multiple portfolios in a flexible manner with the sole aim of driving the concerned firm towards the path of profit in an assured way.

8.     Trading Analyst

Deciding about all those channels that are known to generate potential income on a strategic basis is the biggest objective of any trading analyst. Maximum understanding about the trading of stocks irrespective of the market condition has to be maintained so that no financial setbacks are experienced for sure. Generating maximum profits is best possible in this regard for you in an ultimate manner.

9.     Chief Financial Officer

Running a company towards a profitable path is what a Chief Financial Officer aims at. Multiple objectives have to be considered in this regard by any CFO in order to realize the best results in an effective manner. Maximum care has to be taken in this regard as the decision taken by a CFO is final.

10.   Financial Consultant

Starting a consultancy offering valuable tips and support to business owners who are willing forward to expand their firms to realize best growth irrespective of market conditions is very much beneficial. A glorious career to the level of an entrepreneur could be expected with this career choice.

Several other career options are available at Bryantstratton. for the exclusive needs of those planning to make it big in the finance domain. Developing skills and maintaining standards are some of the additional benefits that could be realized through the excellent services and features offered at the website in an exclusive manner. Seeking best career guidance too is easily possible with advanced options included for instant reference.