MONEY Careers

Got an Awkward Workplace Problem? Get Help from a Career Expert

The office is fraught with uncomfortable situations. Does your colleague clip his nails at his desk? Should you let your office crush know you’re sweet on her? Does your boss ask you a little too much about your personal life? What do you do when your colleague takes credit for your work?

You face lots of sticky issues in the workplace, including ones that could affect your performance and pay. We’ve already tackled questions on friending your boss on Facebook, impressing your manager when you work far from HQ, applying for an in-house transfer, and getting a chatty co-worker to pipe down.

What’s your question? Write to us, and we’ll get experts to provide career advice. And maybe your nail-clipping co-worker will read the story and do the right thing.

MONEY Second Career

How to Shift From Full-time Work to a Part-Time Second Career

Choir Teacher
Nicole Hill—Getty Images

Here are proven strategies for finding both money and joy in your transition to retirement.

If you’re a boomer you may remember small “hippie” shops selling fringe jackets. Maybe you still have one of them stored in a closet. If so, your Age of Aquarius memento might have been created by Lincoln Wolfe, now 60.

In recent years, Wolfe has made the transition from full-time (high stress) manager in the craft leather business to part-time (low stress) consultant to the industry. His job duties now range from training young workers to planning factory layouts.

“I didn’t want to work full-time for anyone,” he says. “I enjoy what I am doing at a more relaxed pace. This is retirement.”

Downshifting In the Field You Love
Transitioning from a 40-hour-plus workweek to a part-time schedule in retirement that’s less of a grind, but still in the field you’ve grown to love, may be your idea of retirement, too.

Here’s how Wolfe and professional singer Fay Putnam told me they did it and what you can learn from their experiences.

Wolfe decided he was done with school at age 16 and headed for Florida where he started a business with a 24-year-old, making sand-cast castles on the beach and selling them to various outlets. A customer in New Jersey hired him about a year later, launching his career in the leather craft trade.

Wolfe worked his way up in the industry, sometimes running his own venture and other times for an employer. In the early 1990s, Coach (the high-quality leather goods designer and manufacturer) hired him to oversee the technical development of new products — moving leather goods from the designer shop into mass production.

Coach grew dramatically and the job became increasingly intense, especially when production moved offshore to India and China. But since Coach went public in 2000 and Wolfe’s shares had appreciated some 13 times by 2005, he then had enough money to retire on.

Growing a Consulting Business
When he began consulting from his home in Lambertville, N.J., Wolfe’s initial contracts were, as you might expect, from Coach. His business then expanded through referrals. These days, Wolfe works about a third of the time, usually on the road.

His “unretirement” timing was fortuitous with the revival of the American leather goods industry—mostly designer products catering to urban hipsters. In 2012, Wolfe began consulting with Shinola, the Detroit-based Made-In-America producer of handcrafted watches, leather goods and bikes.

When we talked in late July, Wolfe was in Dearborn, Mich. writing an industrial sewing curriculum for the Makers Coalition, a trade group formed to apprentice a younger workforce into artisan leather manufacturing. The program will be housed at Henry Ford Community College’s Michigan Technical Education Center.

Singing a New Song
Leather craft is an art. So is singing. Fay Putnam spent her career as a professional singer, putting long hours into her craft, mostly with choirs such as the Gregg Smith Singers and the San Francisco Symphony choir. Putnam also had a side business as a voice coach.

She moved around fairly frequently because her husband, Frank, was a U.S. Navy aviator. Now 68, Putnam has started a part-time business in Portland, Ore. as a voice and speech coach.

“I love doing it,” she says. I wouldn’t keep doing this if I didn’t love it.” Although, she concedes, she’d welcome a few more clients.

Putnam and her husband moved to a condo in downtown Portland from the San Francisco Bay Area two years ago. Their son and daughter-in-law live there; so does her husband’s brother. And their money now goes farther. Most of all, Putnam says, they were tired of the San Francisco metro area’s horrendous traffic jams.

Frank is now retired, but Fay wanted to stay engaged in her art and teach the voice and breath control techniques she learned over the years. Most of her business is helping entrepreneurs and employees polish their public-speaking presentations. She coaches some singers, too.

Takeaways From Wolfe and Putnam
Wolfe’s and Putnam’s stories highlight a number of critical aspects that others in their 50s and 60s should take into account as they mull their next chapters.

Both built their new ventures on their existing knowledge and skills, rather than shifting to unfamiliar fields. For most boomers, I don’t believe there is any reason to succumb to the lure of reinvention—the urge to embrace a radical makeover—especially if the goal is finding part-time work that offers a financial and psychic reward.

And yet, much of the late-in-life transition narrative we often hear extols the new, the different, the dramatic change.

You know the story. Someone has labored long in a cubicle, or spent hours as a road warrior, for corporate America. Now, in the last third of life, she finds her passion, somehow manages to open a winery, basks in its growing sales and gets invited to speak about reinventing yourself at global conferences.

Okay, I’m exaggerating slightly. But I wholeheartedly agree with the cautionary wisdom of Marc Freedman, founder of Encore.org, in a recent Harvard Business Review column.

He wrote: “After years studying social innovators in the second half of life — individuals who have done their greatest work after 50 — I’m convinced the most powerful pattern that emerges from their stories can be described as reintegration, not reinvention. These successful late-blooming entrepreneurs weave together accumulated knowledge with creativity, while balancing continuity with change, in crafting a new idea that’s almost always deeply rooted in earlier chapters and activities.”

What I applaud about Wolfe and Putnam is that they smartly exploited what they already knew. It’s an insight echoed in a 2010 paper by professor Barry Bluestone of Northeastern University and Mark Melnick of the Boston Redevelopment Authority. When investigating jobs that might be available for aging workers, the authors felt boomers should exploit their skills — albeit, sometimes in a different setting or even industry.

“In many cases, older workers could carry their existing skills and credentials into a new setting,” they wrote. “For example, a registered nurse might move from a major hospital to a community clinic; a computer systems analyst at a private software company might take a job in local government; a civil engineer at a private construction firm might work on a state government highway project.”

Training for the Transition
Of course, you still may have to pick up additional training or education to ease the transition.

Putnam spent her career on the creative side, so she realized she needed to know more about the practical aspects of running a small business. “Most of the time, in the training that artists get, business savvy isn’t included,” she laughs.

To wise up, Putnam took a month-long business basics class called “Better, Smarter, Richer” at Portland Community College. It was designed specifically for solopreneurs and creative entrepreneurs like herself.

The course taught Putnam how to build her website and market her services to local business groups. Best of all, she says, her classmates continue to get together, share information and cheerlead for one another.

Flexibility Is a Must
Like Wolfe and Putnam, many boomers want to continue earning an income during retirement, but put in fewer hours. Their desire for the “big job” and to climb the ladder of the “big career” lies in their past. Phyllis Moen, sociologist at the University of Minnesota, says what many boomers desire are: “not so big jobs.”

Wolfe and Putnam found it much easier to create their flexible work schedules by tapping into their backgrounds rather than attempting ambitious life overhauls. “Older workers value flexibility,” says Richard Johnson of the Urban Institute. “They don’t want to work 9 to 5, five days a week.”

Wolfe’s story reinforces the benefits of flexibility in a different way that will strike a chord with many in their 50s and 60s. He has dialed back on his consulting services recently after being diagnosed with cancer. His prostate cancer has been successfully treated, but Wolfe must now spend more time paying attention to his health, watching his diet, exercising, meditating and so on.

He still enjoys consulting, but his priorities have changed. Cancer has that effect. “I think that I would try to be more engaged than I am now if it wasn’t for the stress of travel,” he says.

Thing is, assuming their health holds up, both Wolfe and Putnam have achieved something all of us desire: Control over their destiny. They can curtail working if they want to. They can stay engaged, if the work remains interesting. It’s their choice.

Not bad for a next chapter.

Chris Farrell is senior economics contributor for American Public Media’s Marketplace and author of the forthcoming Unretirement: How Baby Boomers Are Changing the Way We Think About Work, Community, and The Good Life. He writes about Unretirement twice a month, focusing on the personal finance and entrepreneurial start-up implications and the lessons people learn as they search for meaning and income. Tell him about your experiences so he can address your questions in future columns. Send your queries to him at cfarrell@mpr.org. His twitter address is @cfarrellecon.

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MONEY Careers

Wish Every Work Day Felt Like a Vacation? For This Guy it Is.

David Harris
"We offer a great product," says David Harris. "It was a matter of getting it in front of the right people.” Benjamin Rasmussen, wardrobe and grooming by Ashley Kelly

After toiling in the tech industry for over three decades, David Harris decided to buy an adventure travel company. Here's how he did it.

For 30 years, David Harris bounced around Silicon Valley, using his sales and marketing savvy to overhaul tech companies. But in 2011 he received a sizable payout from the sale of Tumbleweed Communications, where he had been vice president—and he was ready for a change. Though his work was highly compensated, it was also high pressure. “I wanted to continue to chal­lenge myself,” he says. “But I needed to get out of high tech for my mental health.”

Around the same time Timberline Adventure Tours, a Lafayette, Colo., company offering hiking and biking trips across the U.S. and Canada, went up for sale. Harris and his wife, Kisa, had gone on many vacations with Timberline and had even become friendly with the owners.

For Harris, it was the perfect opportunity. He was looking to do something he felt passionate about, and Timberline filled that bill. Plus, he felt the business had potential beyond its current revenue: “I knew Timberline offered a great product. It was a matter of getting it out to the right people.” While details of the purchase were still being ironed out, Harris moved with Kisa (then an aerobics instructor) and his three daughters to Louisville, Colo., where they lived off investments until he settled into his new role.

Immediately after taking over in January 2012, Harris began boost­ing Timberline’s digital presence—revamping the website and developing strategies for social media and email marketing. He used skills he’d honed in Silicon Valley, only now “product overhaul” meant testing trails and putting together a “fun puzzle of trip itineraries.”

Today Timberline offers 84 tours to about 600 clients annually. Revenues hit $1.2 million in 2013, up from $850,000 in 2011. While Harris isn’t making the big bucks he used to, he’s enjoying going to a job that doesn’t feel like work. “At the end of a trip, when clients are beaming and thanking you for making their vacation,” Harris says, “it’s just such a pleasure.”

BY THE NUMBERS

$500,000: What the company cost

Harris, who bought the business with cash from the sale of Tumbleweed, drew on his sales experience to create a valuation. The owners still cared about the company, and Harris says that made it somewhat harder to negotiate them down to the price he wanted to pay.

84%: how much less Harris earns than he used to

While his family can live off the $100,000 he and Kisa bring in (she’s the VP), they’re still adjusting to the seasonality of the business, which requires intensive budgeting. Harris credits Kisa, who is “as organized as the day is long.”

240: Target number of new clients to add in 2014

Harris is proud of Timber­line’s customer loyalty— 84% of travelers in 2012 were returning—but he’d like to grow the customer base so that 40% of clients are new. He plans to introduce more trip itineraries, and he’s working on building corporate partnerships, hoping that this will help raise revenues to $2 million by 2015.

MONEY

How To Robot-Proof Your Job

I, ROBOT, 2004.
Can one of these robots do your job? 20th Century Fox—courtesy Everett Collection

Can a machine do your job? For more of us than you'd think, the answer is probably yes. But there are ways to stay ahead of the automation curve.

If you find it hard to imagine that a robot could some day take your job, you should probably try imagining harder. A new survey finds that one in five companies has replaced workers with automation — and not just in low-wage jobs.

While 21% of companies overall say that they now use technology instead of humans for some jobs, the number is even higher — 30% — at businesses with more than 500 workers, according to a nationwide survey out today by CareerBuilder and Economic Modeling Specialists International (EMSI). And that trend is only expected to accelerate: According to the report, one-third of employers predict that jobs at their firms that are currently performed by humans will come to be performed by machines in the next decade.

“This has been a threat for a long time and there are many industries that need a lot less people to do the same jobs more efficiently or for less cost,” says Janet Elkin, CEO of Supplemental Healthcare, a company that recruits staff for healthcare organizations.

Interestingly — some might say ironically — working in a cutting-edge industry doesn’t necessarily protect you from this dynamic. In fact, according to the study, workers at information technology firms are twice as likely to see their jobs replaced with automation. Employers in financial services and manufacturing rounded out the top three areas with the largest number of employers “deskilling” workers. Other industries or sectors that will see a big impact: Customer service, accounting, assembly, production, shipping, distribution, and sales.

Several forces are at play. In many cases, technology has and continues to eliminate the need for workers who facilitate transactions by enabling customers to perform those transactions themselves. Think travel agents, customer service reps, and even store clerks. You see it directly if you do self-check out at your grocery store or have eaten at a Panera Bread restaurant that has replaced cashiers with kiosks.

It’s not just affecting lower wage jobs, however. Powerful software is taking on professional and white-collar jobs in accounting, finance, and even paralegal work. “When I talk to my favorite geeks in Silicon Valley,” said Andrew McAfee, principal research scientist at MIT’s Center for Digital Business, in a May interview in New Scientist, “they look around and say, man, the work of a financial adviser, a junior analyst at an asset management firm, a pathologist, a hamburger flipper, I can automate that.”

Still, though technology taketh away, it can also giveth. Nearly 70% of companies that have replaced workers with automation say the new technology has also required the creation of new positions in their firms, according to the CareerBuilder survey. And 35% of companies that eliminated jobs with technology said they ended up creating more jobs in their firms than they had before automation.

“While automation may eliminate some jobs, it also creates other jobs that are higher paying,” says Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. “One of the greatest challenges the U.S. faces today is sufficiently preparing the workforce for the influx of knowledge-based jobs that will likely result from progress in robotics and other STEM-related fields.”

So how do you put yourself in line for one of those new jobs?

  • Don’t wait for your current job to become obsolete. If you see an opportunity to make your job more efficient with technology, be the person to oversee the change and train people in how the new system works. “Make sure you’re the one who understands how it all works,” says Elkin..
  • Upgrade your skill set. If you have a job that you think a robot can easily replace, consider going back to school or investing in online courses that can help you gain valued expertise. You may need to explore alternative occupations and industries that are growing and where you can transfer your skill set, says CareerBuilder’s Jennifer Grasz.
  • Pay attention to trends in your field. Is job growth in your business accelerating or decelerating? Is this related to an economic cycle or technology advancement? Research articles online on how your occupation is evolving and develop the skill sets needed to leverage new technologies.

The survey did offer one positive sign for workers who have been replaced: It found that 35% of companies that eliminated jobs with automation hired people back because the technology didn’t deliver as expected or customers wanted to interact with a live person.

“Technology is not perfect and things often go awry,”says Elkin. “When that happens, you need a human to fix them.”

MONEY Careers

How to Make Sure Your Next Raise is Bigger than 3%

Rulers in bar graph
Make sure you know how your boss measures success. Laura Flugga—Getty Images

Your year-end review isn't as far off as you might think. And if you want more money, you should think ahead toward that all-important meeting, says career coach Caroline Ceniza-Levine.

In my 20-plus years working in HR-related roles, I have never met anyone, management or staff, who looked forward to performance review season.

So, chances are, you aren’t thinking ahead to your annual year-end sit-down with the boss. It’s only July after all. There are months to go until your review, and you’ve got an overflowing list of priorities to complete before the year is over.

But you might want to put some review preparations on that to-do list—and pretty high up—if you want a promotion or a bigger-than-average raise for next year. You need time to find out what your goals should be, to create a portfolio of your accomplishments, to fill any performance gaps, and to plan for what you want from your manager. It takes time and effort to do all of these things, which is why the middle of the year is the best time to start getting yourself ready for that end-of-year review.

What to do now to make sure your review will pay off:

Confirm goals and metrics

Do you know what your company goals are, and are you working on the right things? With so many companies restructuring, it’s highly likely that strategic goals for the business have changed. If you’re not sure you’re in alignment, meet with your boss now—you don’t have to wait for an official review—to discuss what you should be working on. You also want to confirm how success will be measured. Even if you’re a salesperson, it might not just be sales dollars. The company might prioritize the number of new customers you’ve brought in, the extent to which you’ve expanded business with existing customers, how well you’ve sold a specific new offering or the profitability of each sale. Get a copy of the performance review form to give you a clearer idea of what will be measured and how.

Itemize accomplishments to date

Are you doing well on what you are working on? Calculate the results of your efforts where they can be quantified. Collect testimonials for intangible accomplishments like customer service or team collaboration. Gather supporting documents, such as recent presentations or summaries you have put together. With measurable results, referrals and recommendations, and samples of your work, you now have a portfolio to show what you specifically have contributed.

Fill in gaps

What do you need to focus on in the next 30, 60, and 90 days leading up to your year-end review? Compare your accomplishments to-date with company goals and metrics to see if you have been focusing on the things your boss and senior management value. If you have neglected something—a client, an initiative—then block out time on your calendar now to fill these gaps specifically. Of course, you want to maintain your performance in other areas, but don’t forget whole objectives and projects that may be key priorities. You want a review that shows you got all of your work done.

Plan your ask

What do you want your next steps to be? Is there a specific project or client you want? Do you want a promotion or above-average raise? Once you have made efforts to ensure that your review runs smoothly, you can start thinking about the other reason for this process—to plan for the future. Plan now what you will ask for, so you can drive the discussion towards that end goal: “…and all of this is why I deserve that 5% raise!”

Caroline Ceniza-Levine is co-founder of SixFigureStart®career coaching. She has worked with professionals from American Express, Condé Nast, Gilt, Goldman Sachs, Google, McKinsey, and other leading firms. She’s also a stand-up comic. This column will appear weekly.

Read more from Caroline Ceniza-Levine:

How to Network in Just 5 Minutes a Day

How Making a Friend in HR Can Help Your Career

10 Easy Ways to Make Yourself More Hireable

Your Career is Your Biggest Asset. 5 Ways to Protect It

TIME Careers & Workplace

3 Ways to Completely Destroy Your Reputation at Work

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Cultura RM/Jason Butcher—Getty Images/Collection Mix: Subjects RM

Here are three sure-fire methods to get a bad reputation at work


This post is in partnership with Inc., which offers useful advice, resources and insights to entrepreneurs and business owners. The article below was originally published at Inc.com.

In business, it’s easy to forgive an oversight. We all make mistakes, and few of us possess a perfect ability to complete every project on time and on budget.

You might hear some grumbling around the office about that presentation you made last month, the one where you had the sales forecast numbers mixed up with the expenditures, but most of your co-workers will forget all about it.

But what if you really screw up? In a few cases, you can create a reputation for yourself that fosters a negative vibe in the office–or even earns you a pink slip. It can be hard to recover from that. Here are the recipes for total disaster–a way to create a lasting reputation. Avoid them if you can.

1. Take credit for someone else’s work

Nothing gives you the mark of a scoundrel like taking credit for something you don’t deserve. People get fired over lesser evils. The best way to avoid earning a reputation as a credit-stealer is to carefully analyze the success. What role did you really play? Should you take credit for the pre-sales work only? Is it enough to let everyone in the office know you are happy with the overall outcome? Here’s the secret: Don’t even bother taking the credit in the first place. When you make a big sales win for the company or score that investment from a big shot across town, let the work speak for itself.

2. Cover up an error

I know someone who was fired for one infraction related to a cover-up. Call it the Lance Armstrong mistake. It was in a small business and the person made a pretty big mistake on a customer order, then tried to hide it by deleting some e-mails, lying to everyone in the office, and stuffing some paperwork in a drawer. What that person didn’t realize is that the truth always finds you. The more you’ve done to hide a mistake, the more you will be despised. The alternative? Fess up right away. The sooner you come clean about losing a signed contract or getting into a fight with a competitor, the more time everyone has to deal with the problem and take corrective action. Let the mistake stay hidden and you are setting off a time bomb. When people find out, your reputation will suffer.

3. Let your tasks slide routinely

Having a bad day is one thing. Maybe it’s an expense report you need to fill out or a summary of that last sales demo you were supposed to send in to the team. Fine. In a work setting, no one is really expecting you to be perfect and complete every task on time. The problem starts when you earn a reputation for not completing tasks because then you are making everyone in the office look bad. Slowing down one project is a problem for that specific project and your reputation will likely recover; not completing tasks on any project is going to make it seem like you can’t get anything done. The ultimate solution? If you screw up on a few tasks, work extra hard to compensate on the next project. You’ll be surprised how forgiving people can be if you start finishing up your work early.

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If This Guy Made $1M Wearing T-shirts and Selling his Name, What’s Holding You Back?

The Top 5 Reasons Small Businesses Fail

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MONEY Careers

Why Your Boss is Working Harder to Keep You Happy

Revolving Door
Your boss doesn't want you to head out the door. Exploit that. ONOKY - Photononstop—Alamy

With hiring and job turnover up, a new survey finds that companies are having trouble attracting and hanging on to talented workers. Use that to your advantage.

Boss brought in cupcakes for no particular reason? Sweet. Even sweeter? You might be seeing more morale boosters at work these days, whether in the form of baked goods or bonuses. A new survey finds that employers are having a tough time attracting and retaining top talent—and with a little smart negotiating, that could mean good things for your career.

According to the new Towers Watson Global Talent Management and Rewards Survey, hiring and turnover are on the rise in offices around the world, including in the U.S. And mobility has its downsides.

Of 1,637 companies surveyed worldwide, nearly two-thirds report difficulty attracting top performers (65%) and high-potential employees (64%), an increase from two years ago. More than half of employers surveyed say it is hard to hold on to high-potential employees (56%) and top performers (54%).

Pay to Stay

Of course, one approach to getting workers to stick around is to offer them more money. And employers know that. “The survey data would indicate that they understand compensation is an important retention driver,” says Laura Sejen, managing director at Towers Watson.

Just last week, a survey by a major business group found that employers are starting to expand payrolls and raise wages. After years of decline, sign-on bonus programs are at an all-time high, and retention bonuses are surging, according to an analysis of bonus programs and practices by WorldatWork released in June. Of the businesses WorldatWork surveyed, 74% used sign-on bonus programs this year and 51% used retention bonus programs this year.

What Money Can’t Buy

So how come bosses still can’t figure out how to hold on to their best workers? Another new Towers Watson survey suggests they’re a little out of touch when it comes to judging the importance of other factors, such as perceived job security and confidence in senior management. In a separate survey, the Towers Watson Global Workforce Study of 32,000 employees worldwide, the group found that employees rank job security and confidence in senior leadership among the most important reasons they stay with a company. But employers didn’t rank either factor as a key attraction or retention driver.

“Those are really important to employees,” says Sejen. “Employers don’t necessarily rank those as highly as they should.”

To get a better sense of what it takes to keep employees enthusiastic, some bosses are trying to listen more closely, says Rose Stanley, a Total Rewards practice leader for WorldatWork. “A lot of organizations will do satisfaction or engagement surveys,” says Stanley.

They’ll even conduct “stay interviews” (as opposed to exit interviews) to pick employees’ brains about how their rewards packages, schedule flexibility, and work environment could be improved to inspire them to stay.

“It’s a way to connect with employees and figure out what’s going on,” says Stanley.

How You Can Leverage the News

Even if your employer hasn’t reached out to you yet, come up with your own requests. If you’ve been craving a more flexible schedule or higher pay, now could be the right time to ask, says career consultant Maggie Mistal.

Mistal has noticed that many employees have lingering anxiety from the financial crisis and fail to realize their own worth to their employers. “Some folks I work with are in a mindset of ‘I’m just lucky to have a job,’ when in reality they’re the people bosses want to hold on to,” she says.

To improve your own situation, Mistal advises, first figure out what would improve your job and make you likelier to stick with your company. Once you have a good idea of your goals, let your boss know you’d like to talk.

“The magic term is: ‘I’d like to get your feedback on some ideas,’” says Mistal. “Managers are willing—and a lot of them are even excited—to have that conversation.”

Open your discussion with gratitude, emphasizing how much you enjoy working at your company or with your boss, advises career coach Roy L. Cohen. Then make your request clearly, with a positive angle. If you’d like to telecommute two days a week, for instance, highlight that a more flexible schedule could make you more productive.

“Focus on how you’re helping the company achieve even greater success,” says Cohen.

Instead of making an ultimatum, stay open to feedback from your boss, Mistal advises. If your boss isn’t sold on the idea of telecommuting, offer to check in periodically throughout the day, or to give your flexible schedule a two-week test run.

But don’t demand too much all at once. Even in an environment where your boss is working harder to hold on to great employees like you, you don’t want to come off as smug.

“Never be greedy,” says Cohen. “Greediness is always remembered. Even if you feel you’re worth it, make sure you can back up your request.”

TIME Careers & Workplace

Here’s What Even the Most Absolutely Evil Boss Can Teach You

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Meriel Jane Waissman—Getty Images

You can learn quite a bit from misguided, wrongheaded, or simply hellish bosses

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This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at Fortune.com.

Many of us can point to former bosses and corporate heads who inspired us to become more well-read, better at communication, or more engaged because of their shining examples. But what about those leaders who shaped our behavior and management style because of the negative example they have set?

“We learn from everyone we work with, whether they’re good or bad experiences. They can be examples of things not to do,” says Gay Gaddis, chief executive and founder of T3, an Austin-based digital agency. “All of us have had people who were obstacles, who were bad examples. Sharing that is just as important as going, ‘Rah, rah!’ “

So, what have Gaddis and other executives learned from misguided, wrongheaded, or simply evil bosses?

The cost of a closed mind

When Gaddis was a marketing executive, her chief executive was overbearing, assumed he was always right, and failed to listen to others. During an economic downturn, Gaddis developed an idea on how to change the company’s direction to recover from the slump. She wrote a business plan and, full of excitement, presented it to her boss and mentor.

“He said, ‘I don’t support your plan and I’m not going to be a part of it.’ I was so shot down by that,” she recalls, that she quit to pursue her idea. “I learned that is a very important quality: you’ve got to listen to the people around you.”

Gaddis never would’ve thought to go out on her own if the door hadn’t been slammed so firmly in her face by the CEO. Indeed, his refusal to listen was part of her motivation to hit the ground running.

For the rest of the story, please visit Fortune.com.

MONEY Careers

What I Wish I’d Known About My First Paycheck When I Was 22

Tug of War
When you get your first job offer, you can dig in and ask for more (nicely). Paul Kelly—Getty Images/Flickr Select

Earning every penny you're worth when you join the workforce can pay off for the rest of your life. So don't hesitate to negotiate.

For many people, negotiating pay is not a welcome task. In fact, almost half of U.S. workers simply accept the first offer. And when you’ve just graduated from college and are interviewing for your first real job, your focus is probably on landing the job, not demanding top dollar.

I’m here to say that more often than not it’s worth asking for a little bit more. I’ve been there, and if I could sit down with my 22-year-old self, there are a few things I’d tell her about that first salary negotiation.

Employers Expect You to Negotiate

The greatest fear I’ve heard people express is that a job offer might be rescinded if they try to negotiate the pay. As long as you’re respectful and reasonable, that’s very unlikely.

The prospective employer has already expressed interest in hiring you. As in any negotiation, they expect you to do just that—negotiate. It’s okay to simply ask if the salary is negotiable or to suggest a number that is slightly higher than what’s proposed. Most employers will have a salary range in mind when they make you an offer, not a hard-and-fast number. If they are first to float a figure, they usually won’t start at the top of that range.

The best thing you can do for yourself is come to that discussion prepared so that you know what an appropriate counter-offer would be. Do your salary research ahead of time. You want to know the potential pay range based on the job title, city, company size, and industry, as well as what you bring to the table—your education and any relevant experience. Negotiating blindly is not a great plan. Proposing a salary number that’s too high or too low for the position just indicates that you haven’t done your homework.

Your Salary Will Level Out Around 40

Typically, your biggest opportunity for pay increases is in the first 20 years or so of your career, so keep negotiating well. When PayScale delved into the data, we found that pay essentially goes nowhere after age 40, once you account for inflation. Your early career is when you have the most opportunity to rise up in the ranks.

Once you’ve reached a certain level in your chosen career, meteoric growth just isn’t as possible as it was when you were starting out. Additionally, even if you continue to see pay increases in your later career, if your raises are not keeping pace with inflation, you may not be able to stretch your paycheck any further year after year. In fact, it could be shrinking.

Not Speaking Up Now Means Working Longer

I know retirement seems a long way off, but the earlier you start considering it, the happier you’ll be later in life. According to the 2013 Wells Fargo Retirement Study, 34% of the middle class expect to work until they are at least 80 years old because they will not have saved enough for retirement.

You don’t want to be one of those people, do you? You want to be in the group that planned early so you can retire in your sixties and travel the world.

Even a small difference in starting salary could mean some serious money over the course of a career, according to a recent study by researchers at George Mason University and Temple University. The study concluded that “a 25-year-old who negotiated a starting salary of $55,000 will earn $634,000 more than a non-negotiator who accepted an initial offer of $50,000” (assuming a 5% average annual pay increase over a 40-year career.)

Just remember to invest that extra $5,000 in a 401(k) plan or other retirement fund, especially if your employer offers a 401(k) match. Your 80-year-old self will thank you.

Lydia Frank is editorial director at PayScale.com, a site that provides on-demand compensation data and software to employees and employers.

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