income

Getting the pay you want — salary negotiations (6)

Andrew Guman, a training expert from Pittsburgh, Pennsylvania, knows how to negotiate a pay rise: "They made me an offer and I turned it down, saying that I was looking for something more."

Getting the pay you want — salary negotiations (5)

In a job interview, candidates often fear that if their demands are too high, they won’t get the job. On the other hand, if they request too little, they may be successful in getting the job, but then they’ll be stuck with a low salary.

Vorstellungsgespräch

Getting the pay you want — salary negotiations (4)

An essential skill when bargaining for more pay is knowing how to talk about specific amounts of money.

(ver)handeln, feilschen

Getting the pay you want — salary negotiations (3)

You need to choose the right person to talk to about a salary increase. In many companies, there may be more than one supervisor or manager at the head of the department.

Vorgesetzte(r)

Getting the pay you want — salary negotiations (2)

An essential phase of a salary negotiation is proving that you deserve a pay rise. This sounds stressful, but there are ways to make it easier.

Do your homework before negotiating your salary

Getting the pay you want — salary negotiations (1)

What happens when you decide that you’ve earned a rise, or when you have to negotiate the starting salary at a new job? It may sound stressful, but it doesn’t need to be.

Gehaltserhöhung

aushandeln

Oh, happy day!

FEELING FINE: Economics is often referred to as "the dismal science", but the growing field of "happiness economics" looks at what makes people happy. There's even a free iPhone app that asks people how happy they are.

trostlos

EFA (42): Gross and net

The terms "gross" and "net" are often used in economics to refer to key economic variables. But what exactly do these terms mean? This is the subject of the 42nd item in our Economics for Amateurs (EFA) series.

brutto

netto

Volkswirtschaftslehre

ökonomische Variablen

hier: Folge

EFA (8): GDP

One can hardly pick up a newspaper without reading about a fall in the gross domestic product (GDP) of some country or other. But what exactly is GDP? This is the subject of the eighth item in our Economics for Amateurs (EFA) series.

Bruttoinlandsprodukt (BIP)

Folge

Volkswirtschaft(slehre)

EFA (5): Price elasticity of demand

Imagine you have a product that is not selling as well as it did in the past (this shouldn't be hard at the moment). You think about changing the price. But should it go up or down? Your price elasticity can help you.

Preiselastizität

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