How to Answer the Dreaded ‘What’s Your Salary Range?’ Question in a Job Interview

“What’s your salary range?” It’s a question that can cause even the most seasoned interviewee to panic. Suddenly, you’re caught off guard, hemming and hawing and wondering how to respond professionally and not shortchange yourself the compensation you know you deserve. We checked in with three hiring managers to find out exactly how to approach this dreaded query and how to answer if (and when) it comes up. READ MORE

American productivity fell by the largest amount since 1960

US labor market productivity tanked in the third quarter. Paychecks grew and the number of hours worked jumped, but workers' output increased only at a moderate pace.

Revisions to the data that were initially published a month ago show that the productivity drop was even worse than feared, falling 5.2% on a seasonally adjusted basis. That's the steepest decline in the quarterly rate since the second quarter of 1960 when productivity fell 6.1%. READ MORE

Three Myths of the Great Resignation

The “Great Resignation” remains one of the buzziest economic stories of 2021. But the more people talk about it, the more I wonder whether most people know what they’re talking about. As so often happens with other nifty phrases and neologisms, use of the term and abuse of the term are in equal proportion. READ MORE

Survey on US workers says 39% looking to change jobs in year ahead

Nearly four out of 10 workers in the U.S. are looking to make a job switch in the coming year, according to a new survey from Fidelity Investments, signaling that the Great Resignation might be far from over.

Fidelity's annual Financial Resolutions Study released Thursday found that 39% of employed respondents across all age categories are planning to get a new gig in 2022. READ MORE

5 mistakes to avoid if you have to lay off employees remotely

How you let employees go matters for your company's reputation.

Consider Better.com's CEO, who just fired roughly 900 employees in a very brief Zoom call and quickly faced backlash.

No one will ever react positively to hearing they are terminated -- whether it's due to balance sheet problems or their own performance. So it's incumbent on the person delivering the bad news to be as thoughtful as possible in how they conduct themselves and how they treat the people being let go. READ MORE