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How To Answer The Dreaded 'Salary Question' Personal Branding Blog. Updated July 14, 2016 at 9:24 PM. By Skip Freeman . It's a question that you can expect to be asked sooner rather than later ...
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A realistic job preview can include concepts of the job that inform the future employee about things like goals, objectives and salary as well as being informative on the information and expectations of what that future employee is unlikely to know. Examples of this could include, but are not limited to, what is done during this job and why. [6]
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
In effect, the salary would be re-evaluated up, or down, periodically (usually annually) based on the performance of the individual or team. The reward is the salary: with an expectation to be high on the pay band for high performance and low on the band for low performance.
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Public Service Motivation (PSM) is an attribute of government and non-governmental organization employment that explains why individuals have a desire to serve the public and link their personal actions with the overall public interest.