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Career and Work

IBM Cutting Major Employee 401(k) Benefit

by Luke Landes

When you’ve proceeded beyond the series of interviews and salary negotiations, there are few better feelings than signing the offer letter and accepting a new job — particularly if you’re moving to a new position away from one that was less than satisfying. You sign this letter and you have some expectations for how the […]

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Education Majors Earn Less Regardless of Career

by Luke Landes

As I’ve mentioned before, I studied education as an undergraduate. I knew that my career as a public school teacher would limit my potential earnings over my lifetime, though I eyed administration as a potential progression. I diverged into non-profit work, and if I learned anything from my time working at a non-profit, it’s that […]

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5 Tips for Dealing With the Job Shift Away From the Middle Class

by Luke Landes

The middle class fared the worst in terms of job losses throughout the recession. The National Employment Law Project has consolidated findings from its studies and found that while there has been some economic recovery in the employment sector following the recession, the recovery changed the nature of the job market. Jobs with a mid-tier […]

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Crowdfunding, From Start-Ups to Popular Musicians

by Luke Landes

Starting a new business that has up-front costs can be one of the most frustrating things about being an entrepreneur. I suppose there are many people out there who don’t mind going to friends and family, begging for money, promising great returns, and ignoring the risk inherent both in starting a business and in borrowing […]

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The Average Raise Next Year Will Be 2.9 Percent

by Luke Landes
Board room

According to the U.S. Compensation Planning Survey and research by the compensation consulting firm Mercer, companies plan to offer employees an average pay raise of 2.9 percent. While Mercer hasn’t announced this result in a press release as of today, CNN is reporting this information, calling this an increase from actual pay raises in 2011. […]

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Amazon Prime Loses Money But Is Considered a Success

by Luke Landes

I haven’t always been a fan of Amazon.com as a company. There was a time early on in the company’s ascent that its innovators pushed through a patent application for the process behind its one-click purchasing mechanism. It seemed to be such a basic feature for any e-commerce website, including websites in existence before Amazon.com, […]

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Tuition Reimbursement: A Benefit for Some Employees and Employers

by Luke Landes

Happy anniversary to Consumerism Commentary! Nine years ago today, I published the first article on this website, introducing myself and sharing the original purpose of Consumerism Commentary. The character of the site has changed drastically over this extended period of time, but I’m glad to say I’m still involved with its operation. Thanks for everyone’s […]

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Summer Internship: Career Opportunity or Cheap Labor?

by Luke Landes
World's Best Band Director mug

When I decided to add a minor as an undergraduate, music management (a cross between non-profit management and music business), the program required me to take an internship at a non-profit arts organization. I took advantage of my university’s career services to find an organization that would be appropriate for me, and I quickly found […]

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Use Your Emergency Fund When You Quit

by Luke Landes
Chess pieces

Last week, I offered eight questions you should consider before quitting your job, and one of those questions pertained to the preparedness of your emergency fund. A reader, Qixx, pointed out that the decision to quit your job is not an emergency, and shouldn’t warrant dipping into cash set aside for true emergencies. The loss […]

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The Importance, or Lack Thereof, of Making Money

by Luke Landes
Cash in hand

In my article earlier today about the recession era bail-out programs, I touched on the idea that sometimes, there are methods to judge a decision outside of its immediate profitability. The bail-outs may have provided a return on investment for taxpayers or they might not have. The idea that the programs could earn money was […]

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