The Career Contessa website recently launched The Salary Project, a database to compare salaries within your industry and receive a personalized salary review service. Lauren McGoodwin, Founder and CEO of Career Contessa joins Your Cheddar to discuss why she feels salary transparency would create an equal work environment.
McGoodwin believes salary transparency can create more of an open dialogue when it comes to closing the gender pay gap. Also, seeing what managers or superiors make could encourage employees to work harder to move up the food chain.
Plus, how can you negotiate a salary you believe your skills deserve? McGoodwin says to make sure you know the difference between your self-worth and your net-worth. You can't make it personal when you don't get a raise. Your employer is paying you based on the skills you have, not the person you are.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.