If you’re graduating this spring and you’ve managed to score a job you’re probably thanking god (if you still believe there is one) and thinking you’re super lucky. But think again. Because according to the WSJ, those currently entering the labor market won’t only be suffering from low-salary syndrome this year, but for, uh, ten more to come. Yes, ten years—or more!

See, supposedly if you graduate when the economy, uh, sucks (like in 2009), you’ll end up making about 100K less over the next 20 years than your bud (soon to be mortal enemy) who will graduate in better times. Why? WSJ says that even if the economy bounces back in a few years, while you’ve been working your butt off in the tiny firm no one has heard of, your luckier friend has just been hired at Bank of America. And now, although he’s two years your junior, he has more experience, a better resume, and a bit, or a ton, more moolah than you do. So while he will move steadily up the ladder, you will have a much harder time finding better and brighter pastures, and your wages may suffer (what seems like) eternally.

But hey, money doesn’t matter, right? Read More »

Is the spring semester half over already? Sadly, it’s true. And while some of our peers will be looking forward to spending the summer at one pool party after another, many of us are currently scouring job listings for summer internships.

Internships are a great way to add experience to your resume, make industry connections, and discover what kind of career path you really want to follow. While school’s in session, it can be hard to fit an internship into your schedule; in the summer, however, you can devote more hours to the gig.

Unfortunately, just because you sign up to work a 40-hour work week from May to August, it doesn’t mean you’re going to get paid like a fulltime employee. Read More »

Girls, hang on to your purses, it looks like we’ve finally surpassed the men when it comes to salary—at least in a few big cities.

The New York Times recently reported that in New York City, full time working women aged 21 to 30 made 117 percent of men’s wages. They made even more than that in Dallas, at 120 percent.

Once the survey branched nationwide, however, full time female wages fell back down to 89 percent

Regardless, this new trend is still a good sign, especially to women of older generations who have been fighting the wage battle as long as females were invited into the workforce. Many companies seem to be getting the message that boobs and lipstick don’t equal less skill.

While it’s not entirely clear why women are making more cash in cities like New York and Boston, some experts speculate it could be because women are graduating from college at higher numbers than men, and many of those graduating girls are “gravitating toward major urban areas”. Read More »

Hey, y’know what’s totes awesome? The fact that in college women outperform men – with GPAs higher in every college major – and we will still get paid exponentially less than men. No matter the position, no matter the field.

How is this possible? How is it the year 2007 and women are still being financially discriminated against solely because we have vaginas? Oh, and forget about it if you have a minority vagina – African American women earn 77 cents to a man’s dollar and Latinas earn an unbelievable 55 cents to a man’s dollar.

According to a new study by the American Association of University Women Educational Foundation, only one year out of college (kinda hits home for us, huh?), women working full time will earn 20% less than their male counterparts. You could be an entry-level engineer or a five-year registered nurse, you will still make less than a man in the exact same position with the exact same level of experience. Read More »