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Senin, 23 Agustus 2010

What is a Geologist's Salary on an Oil Rig?

Are you thinking about taking up a Geology major in college? It is not a bad course, and prospects are pretty good overall. Employment opportunities look pretty solid for the next few decades, strongly supported by world economic fundamentals. After all, geologists are the people who find new deposits of oil, gas, metals and minerals - all of them raw materials in great demand from both developed countries (e.g. the USA and Europe) and developing countries (especially China and India). The major employers of geologists are the government sector, the mining industry and the oil/gas industry.

So, what is a geologist' salary on an oilrig? According to a 2008 survey by American Geologic Institute, it ranges from $80,000 to $100,000 for a fresh Geology graduate with a relevant Masters degree. Another survey by the University of Houston in 2007 indicated that experienced petroleum geologists (10 years and up) earn an average salary of $132,132 a year. Those are increases of 50% for new geologists on offshore oil platforms and 23% for experienced geologists prospecting for oil since 2003/2004. This is a salary range that can turn the CEOs of many small companies green with envy.

But it is now the summer of 2010 and we have just exited one major recession and hit a major bump in the road because of the Deepwater Horizon disaster. Surely there must be some impact for a geologists working offshore? Well, if you are graduating (or a veteran looking for a new employer) today, there will probably be some artificial downward pressure on your pay. But seriously, the demand for oil workers and people who can find oil is not dependent on the short-term status of the economy. The demand for skilled geologists and other rig workers has historically depended on the price of oil. Just look at the Roaring '80s, where the economy was booming but the price of oil was low. Oil companies and drilling contractors were laying off workers left and right. Look at our recent recession for an example of the opposite - the price of oil remained strong ($60 to $70 per barrel) despite the weak economy. Although they laid off workers on less productive land-based oil fields, they hired workers for newer and more lucrative offshore oil fields.

Fundamentally, there are three major reasons why a geologist will still continue to earn the big bucks for the next 10, 20 or even 30 years. The first is that it is difficult to train a good geologist. 20,000 students enrol in Geology each year, but only 2,800 graduate with the needed specialties to look for oil. Geology is a four-year course, and it is not easy to pass. Besides, a field geologist is not someone who lives above the clouds in an ivory tower. He is, frequently, someone who must travel long distances, face both man-made and natural danger, and work in difficult situations. In some ways, he is closer to Indiana Jones (except with a Geology degree instead of an Archaeology degree) than he is to Einstein.

A second major reason for the continued strong demand for Geology graduates is that many old, experienced oil geologists are now in their 40s, 50s or 60s. The previously cited University of Houston survey also discovered that 72% of oil workers are above 40. Most of them were last hired in the last oil boom in the 1970s, and are the survivors of the oil glut of the 1980s. Those who left the oil industry went to more stable government jobs (or to work for the mining companies) in the mass lay-offs. Any good oil company CEO knows that a good petroleum geologist who can find him a new oil field is worth as much as the Marketing director or Finance Director.

The third big reason is that oil is an important fuel and raw material for modern plastics, etc. Even if greener technologies (e.g. hydroelectricity, solar panels and wind turbines) overtake oil in importance, there is no replacement for the use of oil to create all the different kinds of plastic in use today. By the way, if you are so worried about green energy supplanting oil, consider these facts:

* Solar panels are made of plastic (synthesized from petroleum) and silicon;
* The bodies of wind turbines are largely made of plastic;
* The heavy vehicles and equipment used for building hydroelectric dams, mining aluminium (for wind turbine blades) and silicon (for solar panels) are usually diesel-powered;
* The trains, ships and trucks used to move the raw materials (e.g. aluminium and silicon) from the mines to the factory for processing all run on diesel.

Basically, good petroleum geologists are in great demand. Among their most important duties is helping to find new sources of oil. Their salaries will remain high for a good, long time to come.

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Minggu, 18 Juli 2010

Journalist Salary Range

These days journalism is not just limited to providing news to the masses. It is something more than that and includes a number of subcategories. Due to the recent increase in the use of the Internet, people do not completely rely on newspaper as they did earlier. Within a fraction of second, the latest news is available on the web. Thus these days a journalist has to face many challenges. He/she should be updated with latest events and affairs.

Journalist Job Description
A journalist should be great at research skills, cross-checking the information, ability to generate information and good content, ask witty questions and should have good understanding ability of the situation. There are different types of journalism, which include sports, news, celebrity, business, fashion, etc. Journalists belonging to each of these fields generate information related to their respective area.

A journalist can work in any type of mass media of his/her choice. Newspapers, magazines are some examples of print media while television, web and radio are broadcast media. Students aspiring to become journalists should find out their field of interest and attain a journalism degree accordingly. Let us move on to some brief discussion on journalist salary range.

Journalist Salary Range
What is the average salary of a journalist? A beginner at journalism can earn a good salary if he/she has completed the education from a reputed institute or university. The average annual salary of such novice journalists can be around $30,000 depending on the area, employer and type of media. A list of the factors that govern the salary range for a journalist are given below.
  • Education
  • Type of Media
  • Work Experience
  • Location
  • Talent
  • Employer
All the above listed factors play an important role in determining the salary of a journalist. Thus, the salary of a journalist varies too much. A journalist can be paid less or more depending on the quality of the content generated by him/her. The salary also depends on the company profile he/she is working in. Usually the salary offered to the journalists working in magazines and newspapers is more or less the same. While that of broadcast journalism can be a bit higher. Salary range for such journalists is usually $40,000 to $100,000 as per a survey made in year 2007.

If one has obtained a bachelor's arts and science degree from a good institute he/she may be offered a starting salary range $22,000 and $50,000. While those earning bachelor's degree specially related to journalism can earn more. Students who have obtained masters degree in journalism can earn an additional $10,000 to $20,000 annually. Journalists working in broadcast media like Internet and television earn almost $10,000 more than other journalists. The location also matters a lot to the salary of a journalist. Larger cities have good career opportunities and also pay well. Last but not the least, the experience gained by a journalist also decides the salary range. A good work experience can offer good salary. According to a survey the average salary of a journalist in the current year depending on the years of experience is given below.

Work Experience (Years) Journalist Salary Range (in Dollars)
0-1 27,022-33,573
1-4 29,017-40,872
5-9 31,187-49,435
10-19 33,553-61,042
20 or more 29,890-77,000

So, it is clear from the above discussion that the salary range of journalist depends on a number of factors. The above given figures related to the journalist salary range are approximate and can change depending on the qualification and work experience.
By Mayuri Kulkarni
 
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Kamis, 15 Juli 2010

Salary Negotiation: Don't Be Emotional

One of the most difficult situations for an employee, is when he/she wants to ask for a salary raise. However, if you are well prepared and use the right approach then you can negotiate an amount of money that both you and your boss can be happy with. There's nothing wrong when asking for a raise, if you do it professionally.

And here are some suggestions:

First do some thinking. What are those negotiating techniques you could implement when asking for a salary raise? When is the best time to ask for a raise? What is the best way to ask for a raise? It all depends.

Stay focused. Prepare your mind for success. This is quite vital. If you don't expect your boss to listen to you then how do you expect to get a salary raise?

When negotiating your salary it's important to be flexible and have alternative plans. For example your boss may not offer you more money but different benefits like stock options, tuition reimbursement etc. Will you be happy then?

The majority of employers ask for a raise without even knowing their market. This is a big mistake. Do some salary and job research and see what other employees in your field earn. This will strengthen your position when negotiating your salary with your boss.

See what you worth in the market. You must think like a freelancer. Search for other job opportunities, talk to other companies, get offers, see what your value is in your area of expertise. You may need to make career moves. The bureau of labor statistics is a great resource. check it out.

Don't use your emotions to outsmart your boss. You will not win. Your boss is probably experienced enough to not fall for these techniques. Just don't bring emotions when negotiating your salary. Be professional and always give your boss enough time to think what he/she can do for you.

Take your future in your hands. Stop being manipulated by your employer. Get the salary raise you deserve using powerful psychological and other secret techniques. Make your plan, prepare yourself, start negotiating your salary and beat your boss! Good luck.

By Maria Markella

 
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Negotiating Salary Tips

For someone who is employed one of the hardest things to do is trying to negotiate their salary. Many people are afraid to confront their boss about a possible pay raise and have no idea as to how to approach the issue. And, once they do get a chance to talk about their pay they do not know how to effectively make a case for a salary hike.

Understanding how to properly and effectively negotiate your salary is an important aspect of your job. Sometimes you can not just wait for the next pay raise, and you need to confront the issue. This article should help you with some tips on negotiating your salary.

A very common mistake that many people make when trying to speak with their boss about their salary is that they are unrealistic with their requests. You can not try and increase your salary by some ridiculous amount because you feel you deserve it. You have to be reasonable with your requests. Understand where you are with in the company and try to work from a reasonable stand point when asking for a pay increase.

If you are going to ask for a raise then you need to have something to prove what you are worth. For people who are just being hired you should bring in proof of your salary from a previous job. This shows your future boss what you were being paid and that you are not just making numbers up.

If you are asking for a raise then bring in some form of performance goals that you have met or things that you have done to go above and beyond your daily workload. Do not expect to go to your boss and ask for a raise just because you want one or feel like you deserve it. You need to have reasonable proof that shows you are worthy of the next level.

You are going to need to need to be flexible. Expecting a direct raise in your base salary may not be realistic, but if you look at other ways to increase your overall compensation then you may get more out of your negotiations. Instead of just concentrating on a higher salary, maybe think about getting some form of bonus or an increase in your health insurance plans. This may make it easier on the company, in a cost effective way, to help both you and the company out.

Going to your boss and simply asking for a raise is going to be tough to do. One way to possibly grab his or her attention is to come up with some form of performance goals for yourself. This way the company will see a benefit from your hard work and you can be rewarded.

These are all great ways to approach your boss next time you look for a raise. The most important part is being prepared and being realistic.

This article was provided by the authors at LiveLoveCoffee.com an online coffee shop with articles discussing interesting morning chats and reviews on Single Cup Coffee Maker.

By Stephen Cohen


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Legal Secretary Salary

I've been working as a legal secretary for over 20 years and as far as my work is concerned, I believe it's one of the best secretarial positions one can hope for. The legal secretary salary is decent and there is always demand for the legal secretaries. I advanced to become a paralegal after being a legal secretary for two years. My salary has since then, increased by 20%, although I never took a paralegal course. Two years of work experience as a legal secretary helped me immensely and I was promoted to this job by my senior lawyer.

Lawyers and professionals in law field have plethora of responsibilities and duties to handle. A day in the life of a successful lawyer is filled with hectic schedules and meetings. Since an individual can't handle every possible detail and multitask every possible work, he/she needs skilled people who can manage various important facets related to his/her work.

Every lawyer has to, at some stage of his career, hire legal secretaries that can assist them for works pertaining to their field. In the recent years, when the law field has gained recognition to be one of the most reputed and successful careers in the US, the need of law secretaries have also risen.

Being a legal secretary, though may not demand knowledge like law graduates still, legal secretaries are supposed to have good knowledge about government and legal procedures. How much is the legal secretary salary range? This article details its readers about the parameters that have impact in determining law secretary salary.

Legal Secretary Average Salary

There is a general misconception that paralegal salary range is exactly similar to that of legal secretary salary range. The fact is that, although paralegals or lawyer assistants share some of the same duties, they may not earn equal and their educational qualifications may differ drastically.

While legal secretaries need not have extensive degrees in law subjects, paralegals have bachelor's or associates degree in paralegal studies. In the initial years, the legal secretary salary, like for various other salary ranges for jobs, is less and they can make around US $30,000 annually. Dominantly, the salary of a legal secretary depends on following factors:

* Work Experience
* Educational Qualifications
* Type of Employer
* Size of Employer
* Geographic Location

With excellent administrative skills, legal secretaries can command very good salaries and can work with top law firms. Lawyers of big firms generally want people who can manage their accounts and also prepare legal documents pertaining to their finances.

Generally, the smaller a firm is, lesser would be the legal secretary salary. Salaries in the initial years is expected to be very less. After some years of work experience, one can work with larger firms were there are various career opportunities. Bigger firms provide health benefit insurance covers, 401(k) match and annual bonuses.

The legal secretaries having work experience of more than a year and less than four years can earn any where between US $30,000 to US $45,000. The legal secretaries having work experience between five to nine years earn a salary of about US $38,000 to US $54,000. With 20 or more years of work experience, the legal secretaries can earn anywhere between US $36,000 to US $60,000.

You may read more on:

* Legal Secretary Job Description
* Paralegal Job Description

The legal secretary salary range as we can see, averages near about US $50,000 and with increase in the work experience, one can increase his earning potential. Completing certificate programs in legal secretary works, can help an individual to increase the scope of better employment opportunities and consequently, higher legal secretary salary ranges.

By Kundan Pandey

 
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Senin, 05 Juli 2010

How to Handle Salary Requirements When Applying for a Job

Posted by Kristina Cowan

Job interviewing is like art: it requires skill, dexterity, and the right tools and environment. Make one wrong move and the result can be disastrous. This is especially true when it comes to discussing salary requirements. As a job-seeker, approaching a conversation with a prospective employer about salary requirements can be tricky.

How soon can you expect an employer to ask you about your salary requirements? Should you ever include salary requirements in a cover letter? How can you pick a salary that doesn't aim too high or too low?

To find sage answers to these and other basic questions about salary requirements, I tapped several career experts for their wisdom.
The Ins and Outs of Salary Requirements

Question: When interviewing for a new job, what are some basic principles job-seekers should keep in mind about their salary requirements?
Answers: "Salary requirements should be based on the market value for a particular skill set or job … not on the job seeker’s needs or desires," says Barbara Safani, president of New York-based Career Solvers, a career-management firm. You should be flexible, too, knowing much can transpire during the time when a job is first posted and when it's filled, she explains. "If a position seems perfect for you, but the salary is lower than you had hoped for, go through the interview process and sell your value to the hiring manager throughout. Once a hiring manager decides that you are the right candidate, they will be more willing to negotiate salary."

Dr. Rachelle J. Canter, author of “Make the Right Career Move: 28 Critical Insights and Strategies to Land Your Dream Job,” urges job-seekers to focus not just on salary requirements, but on opportunity. To that end, she advises asking yourself some key questions, such as:

* Will this job provide you with crucial experiences, skills, and accomplishments that you need to attain your dream job eventually?
* Will it fill in critical gaps in your industry or job experience?
* Will it give you visibility with an audience you previously were unknown to?

Question: Should job-seekers mention salary requirements in cover letters?
Answer: "No no no-–salary is a way to screen you out (too high or too low), and you want a chance to look over a prospective employer before being eliminated," Canter explains.

Question: Should job-seekers give an exact salary figure, or a salary range?
Answers: If you have to, give a range for your salary requirements, Canter says, but try to stay focused on whether the job is the right fit."Once an employer falls in love with you, your negotiating power increases exponentially," she says.

Safani also recommends a range instead of a specific number, because it gives you wiggle room once you get to the salary negotiation stage.

Question: How soon during the interviewing process can a job-seeker expect the salary requirement conversation to come up?
Answer: It could arise as soon as the first interview, so you need to know your competitive market value before you start interviewing, Safani says. You can try deferring the conversation by saying you'd like to learn more about the job, so you can gauge whether it's a good match before rolling out your salary requirements. If an employer presses you for a "ballpark figure," ask for the salary range of the job, Safani says; if they won't divulge it, say based on your research, you've found that pay for such positions is "between X and Y," and ask if that's consistent with their range.

Question: How do you determine what your salary requirements should be, so you’re not aiming too high or low?
Answer: "Job seekers should benchmark their market value by talking with recruiters and colleagues, researching salary ranges for comparable positions on the job boards, reviewing salary information available through professional associations, and of course reviewing information on PayScale," according to Safani.

Questions: What if a prospective employer asks to verify your current salary with your current employer? What if this jeopardizes your current position?
Answer: "Until there is an offer on the table, this question should not come up. Once an offer is made, this is considered fair game as part of the due diligence process for some employers," Safani says. "Job seekers can politely explain that if an offer is extended, they would be willing to have their salary information verified."




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Jumat, 02 Juli 2010

How To Negotiate A Starting Salary For A New Job

When you are negotiating a starting salary for a new job, knowing the appropriate starting salary and successful negotiating techniques is invaluable . We've teamed up with acclaimed salary negotiation expert and author, Jack Chapman, to bring you practical advice on negotiating a starting salary for a new job.

Five simple starting salary rules:

Rule #1) Postpone talking about starting salary until there's an offer on the table
Rule #2) Let the other person name a figure first
Rule #3) Repeat their starting salary offer and be quiet
Rule #4) Share your researched starting salary range and establish your individual value
Rule #5) Clinch the deal and deal some more

Starting Salary Rule #1 - When to Discuss Starting Salary

There's not much point in discussing starting salary unless you're sure you're going to get an offer, make sense? But more than that, it's not to your advantage to talk about your starting salary. When an employer asks "what are your salary requirements?" or "what are you currently earning?" they are gathering information on your likely expectations. There are maybe two or three right answers to this question and more than 20 wrong ones. Too high and you're screened out, too low and you'll lose money in the initial offer, or you'll be eliminated as under-qualified based on your low salary requirements.
The proper time to discuss your starting salary is after the job position has been defined and you are sure the employer understands what you are bringing to the table.

Until then, a good postponing phrase would be, "All I'll require is a competitive salary. I will likely be using PayScale and other resources to help determine that -- as I presume you will, too. So I'm confident the starting salary will take care of itself, if I'm the right person for the job."

Starting Salary Rule #2 - Who Goes First

When they're ready to make an offer, here's a second piece of timing advice: don't haul out your research too soon! When it comes to discussing your starting salary, let the employer go first. That way you have a firm starting point that you can be assured of, when it is your turn. Generally, you'll want to bump the starting salary up 5-10% or more. But, in the worst case scenario, if they go first, you certainly won't get less than their initial offer. Additionally, there is always the chance that they will exceed the starting salary figure you were planning to mention.

NOW do you show your salary research? NO.... Not yet.

Starting Salary Rule #3 – Repeat The Offer And Be Quiet

Once they go first, you respond by repeating their starting salary offer and remaining silent. If they have given you a low-ball offer, and they know it, now is the time for them to increase their offer. Okay, I’ve heard the offer, I’ve greeted it with silence, now do I get to use my salary report?

Maybe...

Starting Salary Rule #4 - Share Your Researched Range and Establish Your Individual Value

If you are reading this article, you have probably done some research about what your salary should be. If you haven't or want more accurate and reliable salary information, complete our brief salary survey to determine what the average salary and salary range is for your new position.

Now that you have the salary information necessary for negotiating, I want you to learn the value of having PayScale salary report in hand. The best way to leverage a PayScale salary report for a successful negotiation is to set your own expectations about how you will use your report. Know what information your report contains, and especially know what the data represents - what is behind the numbers - before taking it to the boss or a potential employer.

When you compared your research with your offer, you were either under market, over market, or right in the range. If your salary research indicates that the offer is below the range for your specific job and responsibilities, now is the time to share your research with the employer and discuss how the employer arrived at his/her estimates. Often you will find some points of disagreement on which to negotiate an increase.

Keep in mind that the employer will likely view compensation data differently than the employee. Two common points the employer may wish to discuss are the sources used to obtain the data in the report, and whether the data in the report matches your job profile, the company profile, and job location.

Finally, when a company wants to buy your time and effort, remember it's a human being who makes the decision. It isn't a cut and dried assessment; it's a rational-emotive process that takes into account many factors that aren't always fair or logical. Your awareness of these factors can greatly improve your chances for improving your salary.

Starting Salary Rule #5 - Clinch the Deal and Deal Some More

Finally, you receive a salary that you can live with and is fair. Do you sign it then? Well, yes and no. Yes, you now have a firm base to agree to, that you know you will be happy with. But, don't stop! It is now time to put your attention on the other factors of the salary-equation gold mine.



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Rabu, 30 Juni 2010

Negotiate Your Salary

Don’t be afraid to negotiate your salary. Once you get an offer, you know you’re the top candidate. So have some confidence. People who have the most successful careers are those who are not afraid of negotiating. Get comfortable asking for more with this four-step process.

1) Don’t disclose your pay requirements during the interview process.
The first person to provide numbers establishes the range. If you give a number first the interviewer will either tell you you’re in the same ballpark or you’re too high. If you ask for less than the interviewer is considering, you’ll probably get it—and never find out that you could have earned more. When asked about your desired salary, your first line of defense is to say you’d like to talk about salary once you have an offer. If an interviewer persists, say you’d like to know the range the position pays. Whatever number the interviewer gives, you can say, “That will be a fine starting point.” (Then you will ask for more later.) If the interviewer continues to ask, it’s okay to say that you’re not going to give a number right now.

2) Get the whole offer in writing before you ask for more.
Get the full offer in writing specifying the exact pay elements—including any performance bonuses—so you know what you have to work with during your bargaining. Once you have a written offer, ask for a night to think about it and come back with a counteroffer. You may hate confrontation or feel that you’re a poor negotiator, but you have nothing to lose and you’re likely to get more money. Remember, almost no one loses a written offer because they asked for more money.

3) Go home and strategize.
To know what to ask for in negotiations, you must know the pay range for your position. Check out salary surveys online and in trade journals. Do not quote any numbers from surveys conducted more than two years ago. Talk with friends in similar jobs or recruiters who regularly fill this type of position in your geographic region. Show the hiring manager your research and remind her why you are worth the top of the range. If you are fortunate enough to find out that your offer is already in the high end of your salary range, then propose taking on more responsibilities so you can ask for slightly more pay.

4) Know yourself.
Each person is compensated in different ways—and not always monetarily. For instance, if you love what you do, you may not mind earning less than your neighbor who has the same degree. Likewise if you have a shorter commute. Friends can advise you, but you will be the one working at the job, and you must decide if you want it, regardless of the size of your paycheck. Decide what’s important to you and what trade-offs you’re willing to make pay-wise, but be honest with yourself. Don’t give up being paid more because you hate negotiating.