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February 2005

On the Job Will you get a raise in 2005?
CareerPort Benefits Negotiate a better salary
The power of the Michigan network
Featured Article Borders Group on changing careers
Recent Postings Companies who want Michigan grads
This Month’s Poll Do you deserve a raise this year?

On the Job

Pay adjustments averaging 3.6 percent are likely in 2005, which is only slightly higher than 2004’s 3.5 percent, according to Fortune magazine columnist Anne Fisher. The good news is that because that is an average, high-performing workers and high-potential people will probably get better treatment. Better yet, since corporate profits are up, bonuses may be higher this year, as well. But if you’re not happy with your current position, now is the time to look for another job—many companies post positions early in the year.

CareerPort Benefits

If you think you might be one of those high-performance workers who deserves a bigger raise, visit the Alumni CareerPort Salaries/Negotiation Resource Center for tips on how to get the salary you deserve. We offer a compendium of resources that will help you navigate the best way to approach salary negotiations. Be sure to check with CareerPort partner Salary.com, the leader in compensation information for individuals, business managers and human resource professionals.

Countless career experts cite networking as one of the top tools for advancing one’s career. Why not take advantage of your U-M connection to network? This spring, the Alumni Association will host Michigan Alumni Networking Nights in eight major cities, bringing the powerful Michigan network to alumni where they live. Each event features a prominent speaker ranging from Google cofounder Larry Page, ’95, to Monster founder Jeff Taylor. Attendees will also have the opportunity to meet other Michigan alumni working in a wide range of industries. These events are a great way to hear an engaging speaker, expand your network and get a taste of Michigan. We’ll be in Boston, Chicago, Detroit, Grand Rapids, Michigan, Los Angeles, New York, San Francisco and Washington, DC. Register today!

Featured Article

This month, we continue our “Lessons in Leadership” series with Borders Group professionals. We talked with Anne Kubek, vice president of Borders stores, about changing careers. Anne started out as an English major at U-M and has held positions in several areas. She shares her insight and experiences in our featured article.

Recent Postings

The Alumni CareerPort has almost 200 jobs listed right now. Below are some recently posted positions. If these aren’t right for you, search the job board and you may just find your next job.

Senior Analyst of Strategic Planning at Nike
This and other positions can be found in the Other category.

Vice President of Sales at Carlyle Group
This and other positions can be found in the Sales category.

Algorithm Developer at Cytokinetics Inc.
This and other positions can be found in the Computers, Software category.

This Month’s Poll

Do you deserve a raise this year? Tell us your thoughts in our new poll on the Alumni CareerPort.

Alumni Store

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