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Techday NZ
11-07-2025
- Business
- Techday NZ
Avalara appoints new CMO & CIO to drive global expansion
Avalara has announced the appointments of Adrianna Burrows as Executive Vice President, Chief Marketing Officer, and Shahan Parshad as Senior Vice President, Chief Information Officer. Executive appointments Burrows will lead Avalara's global marketing strategy in her new position as CMO, focusing on elevating brand presence, expanding market awareness, and driving demand for the company's tax compliance solutions. She joins Avalara's executive leadership team and will report directly to Ross Tennenbaum, President of Avalara. Burrows has over twenty years of experience in marketing leadership within the technology sector. Prior to Avalara, she was the head of global marketing at Shopify where she contributed to establishing the company's position in the eCommerce marketplace. Her previous roles include serving as CMO at PayScale, Cornerstone OnDemand, and Stack Overflow. At Microsoft, Burrows held the role of General Manager for Windows Global Marketing, leading the worldwide launch of Windows 10. In the role of CIO, Parshad will take responsibility for Avalara's worldwide IT operations, business systems, and data infrastructure. Reporting to Executive Vice President and Chief Technology Officer Danny Fields, Parshad will work alongside engineering and executive teams to strengthen Avalara's technical systems, emphasising operational security and innovation. Parshad has held senior roles specialising in scaling enterprise technology in rapidly growing organisations. Most recently, he served as CIO at Airtable, where he managed the modernisation of internal platforms in support of business and product growth. He also spent more than four years at Confluent, during which time he developed and led the Business Technology and Data division across the US, UK, and India, playing a role in the company's 10-fold growth and its public offering in 2021. Strategic leadership "Adrianna and Shahan's leadership will be key as Avalara advances our marketing and technology strategy to fuel growth and innovation," said Ross Tennenbaum, President of Avalara. "Their leadership will help shape Avalara's future, where AI-powered innovation and global growth define the next chapter of tax compliance." Avalara states that these executive appointments are in line with the company's strategy to accelerate global expansion and respond to increased demand for its artificial intelligence-based tax and compliance platform. The company provides tax compliance automation software for over 43,000 business and government clients in more than 75 countries. Its platform integrates with over 1,400 partner systems across eCommerce, enterprise resource planning, and billing tools, delivering support for tax calculation, document management, tax return filing, and tax content access. Follow us on: Share on:
Yahoo
02-06-2025
- Business
- Yahoo
What is the average MBA salary?
The average MBA graduate can expect to make six figures as their base salary, with the average salary coming out to around $120,000 annually. The average MBA salary varies by state, with Washington, New York, Massachusetts, Alaska and Vermont earning the highest wages. Your exact salary will depend on your location, your job role and experience. If you're considering or pursuing a Masters of Business Administration degree (MBA), the investment could be worth it. An MBA is one of the best-paid graduate degrees you can receive since it could lead to a six-figure salary. That said, how much an MBA graduate earns depends on several factors, such as where they live, where they graduated from, what kind of industry they work in, as well as experience and any specialized licenses gained. According to the Graduate Management Admission Council's 2024 Corporate Recruiters Survey Report, the average starting salary for U.S. MBA graduates is around $120,000, whereas PayScale estimates the average salary for an MBA graduate to be $100,000. An MBA salary depends on four things: Where you live Which school you attended Your exact job Experience MBA graduates take on a wide variety of roles from product developers to financial officers or chief operating roles. The higher you climb, the higher your salary will be. Below are some of the highest-paying jobs for MBA graduates by industry: Industry Median MBA salary Legal and professional services $225,000 Consulting $190,000 Financial services $175,000 Manufacturing $165,000 Technology $162,750 FinTech $157,500 Your exact MBA salary is set based on a variety of factors, and research has shown they can significantly affect how much you get paid. How many years you've spent in your role directly correlates with how much you get paid, but even new MBA graduates can make six figures. Generally speaking, the more professional experience you have, the higher your salary. The following table shows how an MBA grad holder's salary tends to increase over time: Years of experience Median MBA salary 4-6 years $122,000 10-14 years $166,000 15+ years $200,000 While the gender pay gap has improved over the last 57 years, it persists. Women continue to earn less than men for doing similar jobs. Right after earning an MBA, the average pay for women in their first post-MBA job was $131,449 compared to an average pay of $140,007 for men — an $8,558 gap, according to a 2024 Forté Foundation online survey. According to the Forté Foundation's research, the gap widens even further when the MBA survey participants were asked to reveal their current salaries. While the average current salary for males was $216,487, the average current salary for women was $179,987 — a $36,500 difference. Level of experience Men Women Pre-MBA $80,852 $86,338 First job post-MBA $140,007 $131,449 Average current salaries $216,487 $179,987 Location plays a big role in how much you can expect to earn. Cities with higher living costs tend to have higher average salaries, while states with lower living costs tend to have lower average salaries. The demand for MBA roles in a state can also impact the average salary. For example, regions with high demand for MBA-level jobs often have higher average wages. Below are the states with the top-five highest, mid-range and lowest average salaries: State Average MBA salary Washington $187,300 New York $180,923 Massachusetts $180,607 Alaska $178,097 Vermont $175,833 State Average MBA salary Illinois $160,250 Maine $160,113 Wyoming $158,959 Nebraska $157,674 Indiana $157,362 State Average MBA salary Louisiana $141,414 Georgia $139,638 Arkansas $136,747 West Virginia $126,026 Florida $123,582 Different MBA programs may foster more knowledge and skills that allow you to go after high-paying roles at the companies you apply for. Accredited programs will typically hold more weight than nonaccredited programs. If you go to a program that has a network of successful alumni, you have a better chance of earning a higher salary since they tend to hire or start new things with other alumni. Students who graduated in 2024 with MBAs from these schools had the highest average starting salaries: School Salary Stanford University $221,471 University of Pennsylvania (Wharton) $213,129 University of Chicago (Booth) $212,211 Harvard University $210,125 Massachusetts Institute of Technology (Sloan) $205,270 Dartmouth College (Tuck) $204,090 New York University (Stern) $203,176 Columbia University $202,234 Northwestern University (Kellogg) $202,225 Cornell University (Johnson) $200,405 Ultimately, the question of whether an MBA is worth it depends on your career aspirations and how much you may need to borrow to pay for your program. According to SoFi, the average MBA graduate takes on $81,218 in debt just to complete graduate school. Nellie Gaynor, an IvyWise MBA and graduate school admissions counselor, thinks an MBA from a top-tier school is definitely worth it: Studies back up Gaynor's observations. The Graduate Management Admission Council's 2024 Corporate Recruiter Survey Report shows that U.S. MBA graduates' starting salaries are roughly 1.75 times higher than those of bachelor's degree holders. Keep in mind: Some high-level business careers don't require an MBA. For example, you don't need an MBA to become a CEO. As a result, it's important to consider whether you can earn a higher salary without earning a degree. If you're unsure whether an MBA would help, speak with your current employer or individuals who work in your desired career field. Earning an MBA could lead to a significant increase in your salary, depending on where you live. Some states have average salaries close to $190,000, though you should take into consideration years of experience, what type of job you pursue and other factors that may impact your earning. Before you shell out thousands of dollars on an MBA program, weigh the pros and cons to see if it's the best career move for you. Which MBA gives the highest salary? Your potential MBA salary depends on which school you attend, where you live and the field you choose. According to average salary data, those who work in legal and professional services have the highest salaries. The state with the highest salary for MBA graduates is Washington. Stanford University boasts the highest salary for graduates. What is the average lifetime salary for an MBA graduate? In general, salaries increase the longer someone works in the field. People with four to six years of experience make a median salary of about $122,000, while people with 15 or more years of experience earn a median salary almost double that at $200,000. If you factor in the total years of experience, the median salary comes out to be about $133,000 per year. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
04-05-2025
- Business
- Forbes
How To Navigate Salary Negotiations In Tough Times
Two business women negotiating salaries in the office late at night. Many employees fall into a trap. They feel that they're great at what they do. But, they don't focus on 'playing the corporate game.' They wait around, hoping someone will notice them. The reality is that no one is going to look after you. In a tough job market, you must advocate for yourself. If you don't do or say anything, nothing will ever change. There will be a moment when you realize you're not going anywhere in your company. This is the time when you have to summon up your strength to start looking for another job elsewhere. When searching for a job, research industry standards for your type of position. Check out sites such as Glassdoor, PayScale, Indeed, and LinkedIn to gain a sense of salaries and overall compensation in your field. Some states instituted Pay Transparency Laws that require companies to share the salary range on their online job posts. This helps you out with negotiations. Compensation changes depending upon a number of factors, such as location, experience, hotness or coldness of the position at any particular time period. Be aware, with high inflation, costs going up, chaotic tariffs, and a stock market that's unpredictable, it will be an uphill battle to fight for a high salary. Here are some positive strategies to help people communicate their value, and advocate for their needs. In many U.S. states, laws prohibit employers from asking about salary history. If this occurs, you can say, 'I'm focused on the skills, experience and value that I'll bring to the table. Since you may not be able to ask about my salary history, you can share, I'm seeking out a range around $X-$Y based on market rates.' Similarly, don't undersell yourself out of fear of losing the offer. A 2024 PayScale study shows that around 70% of employers expect candidates to negotiate. Those who do, earn 5-10% more on average. Avoid raising salary questions too early in the hiring process. It comes across as you're only interested in the money, and not necessarily the job. But everyone knows it's mostly about the money. If you're pressed in the interview for offering your salary expectations, respond diplomatically. You can say, 'I'd prefer to discuss compensation once I've met everyone involved with the process, and we've explored the role's responsibilities and fit. However, at this time, I'm confident we can come to terms with a fair package.' This keeps the conversation flowing and showing interest, but also keeping your cards close to your chest. Prepare a concise elevator pitch, highlighting your skills, experience, and achievements that align with the role's demands. Practice this pitch to deliver it calmly and professionally. Avoid apologetic or self-deprecating statements. If you utilize the services of a recruiter, it can make life easier. Rather than handling the negotiations on your own, which can be awkward and uncomfortable, the recruiter will manage the details and figures with the hiring manager or HR person. Usually, recruiters have insights into the salary bands of the organization, may have placed people previously at the firm, and might know the hiring managers. This provides much relief, and the potential to get a higher pay package. On the flip side, when you negotiate on your own, it's easy to let emotions influence your decisions. Recruiters, however, are accustomed to negotiating and can approach it more objectively. When asked about salary, put forth a figure about 20% to 25% higher than you expect. Most likely the HR person won't immediately come up with an offer. They need to go through a bureaucratic hierarchy to get the appropriate approvals. This will take some time. If you don't hear back right away, it's okay. It could be that one or more people who need to sign off on the pay package are not around. Be prepared for a back-and-forth conversation about money. Many job hunters are shy about pushing for a high compensation package. Don't be afraid. If the hiring manager or human resource person didn't share the salary, pitch them on what you feel you deserve. Most likely the HR person won't immediately come up with an offer. They need to go through a bureaucratic hierarchy to get the appropriate approvals. Once an offer is made, and you're somewhat unhappy with the result, there are some other things you can ask for. Prioritize what matters most to you. It could be additional paid time off, remote work option or increased vacation days. You could also ask for benefits like health insurance, retirement contributions, stock options, and performaqnce bonuses. After thinking it over, you can make a counter offer. For instance, you can say, 'I appreciate that you are under strict budget constraints. Could we explore additional vacation days or a six-month review that can lead to a potential raise?' This shows flexibility while keeping the conversation productive. If you feel that the offer is underwhelming, politely reference your research. You can share, 'Based on industry data for similar roles in this area, I was expecting closer to $X. Is there room to align with that range?' Get everything in writing. Don't do anything until you get the contract returned with the appropriate signatories. The document should have details such as salary, benefits, vacation and paid time off, among other things. This prevents misunderstandings. If the employer reneges or adjusts terms later, you can respectfully address it with, 'I understood our agreement to include X. Can we clarify this in the contract?'
Forbes
03-04-2025
- Business
- Forbes
3 Steps To Negotiate A Higher Salary Before Accepting A Job Offer
Negotiate carefully before accepting a job offer. getty You've survived the interview process, impressed the hiring team, and finally landed a job offer. But before you eagerly accept, consider these statistics. According to Resume Genius's 2025 Salary Negotiation & Expectations Survey, 55% of professionals accept the initial job offer without negotiating. However, the same research shows that nearly 8 in 10 (78%) of those who did negotiate ended up with a higher salary. In reality, employers often propose a lower initial salary than they're willing to pay. By accepting it, you might miss out on thousands of dollars in potential earnings over time. For instance, if you negotiate a starting salary of $5,000 more than the initial job offer and receive an average annual raise of 5%, that initial negotiation will earn you an extra $27,500 over five years. The impact of changing jobs is even more compelling. Since future employers often base their job offers partly on your current salary, a successful salary negotiation can significantly boost your earnings throughout your entire career. With the right preparation and approach, you can secure a job offer that truly reflects your value. Here's a simple three-step process to help you confidently negotiate a higher salary. Before entering any negotiation, you need to know your market value. Use resources like Glassdoor, PayScale, and the Department of Labor to research salary ranges for your specific: This research provides the factual foundation for your negotiation. When you can confidently say, "Based on my research of similar positions in this market, the typical range is X to Y," you transform the conversation from a personal request to a data-driven discussion. Establish three key figures before your negotiation: Your ideal number: The salary you'd be excited to receive based on your research and qualifications. Your target number: A realistic figure slightly above what you expect to get, giving you room to negotiate down. Your walk-away number: The absolute minimum you're willing to accept, based on your financial needs and the position's value to your career. Ideally, ask for a higher salary that's slightly above your target so that if the offer comes in lower than expected, you may still end up close to your goal. Negotiating a higher salary is just one component of your compensation. Be prepared to discuss: Sometimes, when there's limited flexibility on base salary, you can gain significant value through these additional benefits. Most hiring managers build negotiation room into their initial offers. They won't be surprised or offended when you counter. In fact, they might be surprised if you don't. However, companies also have budget limitations and internal equity concerns. Understanding these constraints can help you focus your negotiation on areas where they have flexibility. Let the employer bring up compensation first. Discussing salary too early in the process can signal that money is your primary concern rather than the role itself. The ideal time to negotiate a higher salary is after you've received a formal job offer but before you've accepted it. When the job offer is presented, express genuine enthusiasm for the role and the company before discussing compensation. This approach sets a collaborative tone for the negotiation. For example: "I'm very excited about this opportunity and can see myself making significant contributions to the team. I appreciate the offer of $X, and I'd like to discuss the compensation package further." When countering, provide a specific number rather than a range, and justify your request with evidence. Whatever counteroffer you make should include logic that the employer feels is fair and reasonable. Here's an effective approach: "Based on my research of similar roles in this market and the specific experience I bring in [relevant skill], I was hoping for a salary closer to $X. My background in [specific achievement] will allow me to contribute immediately to your team's goals of [company objective]." If the employer resists your counteroffer, don't immediately concede. Instead, ask questions to understand their constraints and explore creative solutions. You might say: "I understand there may be budget considerations. Could we discuss a performance review after six months with the potential for an adjustment based on results? Or are there other elements of the compensation package we could ?" If the employer comes back with a counteroffer, don't immediately accept it. Take time to consider whether it meets your needs and whether there's room for further discussion. Express appreciation for their flexibility while continuing the conversation. Once you've reached an agreement, request the complete offer in writing, including all the elements of the compensation package you've discussed. Review this document carefully to ensure it reflects your understanding of the terms. Sometimes, your best leverage is your willingness to decline an offer that doesn't meet your needs. Career experts recognize that you often have more power when you're prepared to walk away. When you've established yourself as a strong candidate through the interview process and negotiations, respectfully declining an inadequate offer can actually enhance your professional reputation. Companies remember candidates who know their worth and stand by it, which can lead to better opportunities—either with that same employer in the future or elsewhere in your industry. Whether you accept or decline, express appreciation for the employer's time and consideration. If accepting, convey your excitement about joining the team. If declining, keep the door open for future opportunities by maintaining a positive, professional relationship. Negotiating your job offer isn't just about getting more money. It's about establishing your professional value from day one. The moment between receiving and accepting a job offer represents your greatest leverage in the employment relationship. Now that the opportunity is on the table, it's your move. Use these steps to ensure you make the most of it.
Yahoo
08-03-2025
- Business
- Yahoo
5 US Cities Where Home Values Have Gone Up the Most Month-Over-Month
February marked a turning point for the 2025 real estate market as it emerged from a period of stagnation. As spring approaches, a surge of prospective homebuyers is entering the market as new listings roll in. Read Next: Find Out: Zillow forecasts that in March, competitively priced and well-marketed homes will sell in about two weeks. While this isn't nearly as quick as the peak period during the COVID-19 pandemic, when interest rates reached historic lows, it's hardly sluggish. In certain cities, homes are expected to sell even faster. Some housing markets are picking up steam more quickly than others, leading to soaring home values. Zillow identified the five U.S. cities experiencing the biggest home price increases month-over-month from November 2024 to December 2024. Will these markets maintain their momentum and drive prices even higher in 2025? The data suggests they just might. Along with cost-of-living data (sourced from PayScale) compared to the national average, here are the five cities where home values have increased the most. Home value increase month-over-month: 0.5% Cost of living as compared to national average: 6% lower Cost of housing as compared to national average: 15% lower Cost of utilities as compared to national average: 4% lower Cost of groceries as compared to national average: On par Check Out: Home value increase month-over-month: 0.5% Cost of living as compared to national average: 10% higher Cost of housing as compared to national average: 28% higher Cost of utilities as compared to national average: 7% lower Cost of groceries as compared to national average: On par Home value increase month-over-month: 0.5% Cost of living as compared to national average: 9% lower Cost of housing as compared to national average: 21% lower Cost of utilities as compared to national average: 5% lower Cost of groceries as compared to national average: On par Home value increase month-over-month: 0.7% Cost of living as compared to national average: 5% lower Cost of housing as compared to national average: 19% lower Cost of utilities as compared to national average: 15% lower Cost of groceries as compared to national average: On par Home value increase month-over-month: 0.8% Cost of living as compared to national average: 78% higher Cost of housing as compared to national average: 222% higher Cost of utilities as compared to national average: 47% higher Cost of groceries as compared to national average: 15% higher More From GOBankingRatesHow Paychecks Would Look in Each State If Trump Dropped Federal Income Tax10 Genius Things Warren Buffett Says To Do With Your Money This article originally appeared on 5 US Cities Where Home Values Have Gone Up the Most Month-Over-Month Sign in to access your portfolio
