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Career and Work

Want to Be an Investment Banker? Read This.

by Luke Landes

Alcoholism. Depression. Heart disease due to stress. Delusions of failure. If you’re on the path to become an investment banker on Wall Street, this is what you have to look forward to. Yes, you’ll make tons of money and your materialistic friends will silently envy you while despising you, but what use is money if ... Continue reading this article…

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Wall Street Salaries are Through the Roof!

by Luke Landes

There are no fancy introductions here. Getting right down to it, the average salary for Wall Street is $289,664, while the average for all of New York City is “only” $56,634. The Reuters report includes more money figures, but the only piece I find particularly interesting is the average bonus per person: $125,000. My bonus ... Continue reading this article…

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Winner of Giveaway Announced!

by Luke Landes

The selection of winners for giveaways on Consumerism Commentary is a supersecret process being kept confidential by the CIA. Therefore, I can only provide the results. The winner of last week’s giveaway is Jon K. The topic was the relationship between social drinking and career advancement, and here is part of Jon K’s comment: My ... Continue reading this article…

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Enhance Your Career By Consuming Alcohol (With a Giveaway!)

by Luke Landes

I linked to this article, but I wanted to focus on it when I had a chance. That chance is now. An article from Inc.com, a resource for entrepreneurs, says that drinking alcohol can help your career. Sounds too good to be true? Here’s how. Regular drinkers make 10 percent to 14 percent more money than those ... Continue reading this article…

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The IT Job Market Must Be Picking Up

by Luke Landes

All of a sudden, in the past few weeks, I’ve been getting calls and emails from recruiters. Several a day have been trying to get in contact with me based on resumes I’ve left on Monster.com and CareerBuilder between one and a few years ago. These particular resumes were directed towards web programming (PHP, MySQL, ... Continue reading this article…

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Worst Ways to Get Fired

by Luke Landes

Having a great day and want to start feeling a little depressed? Read the submissions to Jeanne Sahadi’s request. Here are some awful ways to find out you’ve been fired.

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Your “Real” Raise

by Luke Landes

If you’ve been wondering why your average raises over the last few years haven’t helped you get ahead, it’s because, as the New York Times reports, real wages (after factoring in inflation) have actually declined 2 percent since 2003. Apparently, the last time this has been the situation was during Wolrd War II. The drop has ... Continue reading this article…

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Five Tips for Starting a Career or New Position

by Luke Landes

Jeanne Sahadi has a few tips for getting ahead in the first few years of your career. It’s also appropriate for starting a new position anywhere, new career or not. Here are the take-aways. Ask for help, then take charge. Ask for questions when necessary, but not much more. Show initiative and independence in solving ... Continue reading this article…

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Busy Day at Flexo’s Place of Work-ship

by Luke Landes

I apologize for not having much to write today. I’m sure there is much to write about, but today and the next few days I expect to be swamped with work in the office, where I realized that thanks to no overtime being offered, despite an 8 percent higher salary this year, I’m making less money ... Continue reading this article…

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Six Steps to Being Your Own Boss, Part 5

by Luke Landes

I’ve been developing a series about becoming your own boss, and this is part 5 in that series. The information is based on an article from MSN, but I’m pulling in information from other locations as well. Step 5: Raise Money Now that you have a solid business plan that outlines how much capital you ... Continue reading this article…

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Six Steps to Being Your Own Boss, Part 4

by Luke Landes

I’ve been developing a series about becoming your own boss, and this is part 4 in that series. The information is based on an article from MSN, but I’m pulling in information from other locations as well. Step 4: Build a Bulletproof Business Plan A young entrepreneur should want People Who Matter to take his ... Continue reading this article…

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Six Steps to Being Your Own Boss, Part 3

by Luke Landes

I’ve been developing a series about becoming your own boss, and this is part 3 in that series. The information is based on an article from MSN, but I’m pulling in information from other locations as well. Step 3: Fight Inexperience With Advice Step one was to gain experience. It will still be difficult for ... Continue reading this article…

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Six Steps to Being Your Own Boss, Part 2

by Luke Landes

Yesterday, I wrote about the first step to being your own boss, gaining experience. Working for oneself is a dream many people in this country have, and here is the second step for reaching that goal, according to MSN. Step 2: Build A Winning Team The article says that you should find people whose skills ... Continue reading this article…

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Six Steps to Being Your Own Boss, Part 1

by Luke Landes

Many people dream about not having to answer to someone else’s rules, not having to rely on someone else for income, and not getting the hated response to any question, “You should just be happy to have a job.” The dreamer who wishes for an existence free from these shackles wants to be his or ... Continue reading this article…

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How To Succeed: Be A Jerk

by Luke Landes

Jeffery Pfeffer, a Stanford professor (say that out loud), often invited his friend Keith Ferrazzi to speak to his MBA students. Here’s a little about the frequent guest, who is now an independent consultant: Ferrazzi earned his MBA at Harvard in 1992 and quickly became a star at Deloitte Consulting. Starwood Hotels hired him as ... Continue reading this article…

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The Worth Of The Job Of Mom: Faulty Study?

by Luke Landes

Earlier this month, Personal Finance Advice and others reported on a study by Salary.com saying that a stay-at-home mom’s job is equivalent to an amalgamation of many vocations that would together provide an annual salary of $134,121. Carl Bialik, the “Numbers Guy” at the Wall Street Journal calls foul. The Wall Street Journal likely emailed ... Continue reading this article…

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Tips for Dealing With Recruiters

by Luke Landes

They always seem to call at the wrong time, first of all. But recruiters and headhunters have worked well for many people. Fortune Magazine explains how to help them help you. First, the problem: After 12 years as a finance manager… I’d like to explore opportunities elsewhere. Yet the only calls I get from recruiters ... Continue reading this article…

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First Week On The Job

by Luke Landes

I started a new job this week. The location is much more convenient, the pay is better, the responsibilities are relatively similar, and the people are friendlier. In addition, it’s bound to be better for my career at the company in the short term and for my life in the long term. Things are progressing ... Continue reading this article…

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Today Was My Last Day

by Luke Landes

My desk has been cleared and my responsibilities have been delegated upward to my supervisor, as today is my last day in my current position. Tomorrow morning, I’ll board a JetBlue flight from JFK International Airport and head to California with my girlfriend. When I return next Sunday, I’ll be preparing for Monday’s work in ... Continue reading this article…

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Be A Financial Advisor

by Luke Landes

Money Magazine has ranked hundreds of careers and have decided that the job of Financial Advisor ranks third. That’s not too shabby. Here are the stats provided by the magazine. The average salary is $122,500, which is a little less than three times what my base salary would have been this year had I not ... Continue reading this article…

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