Guide To work In Real Estate

The majority of people don’t even look at learning how to put money into this business until later in life when they have a thriving career and a good deal of additional income at their disposal. You are able to begin investing while having the budget to raise the value of the investment property at a better return on investment. You might believe that the only point to put money into this business is to turn into a landlord or flip houses, or at least I did. With careful planning and a good investing strategy, it can create consistent income and give capital appreciation over the long run. If you’ve looked at it as a possible means to diversify your portfolio lately, you most likely have a range of reasons to avoid. it is quite a lucrative asset classes and ought to be a part of every well-diversified investment portfolio. Crowd funded real estate is quite similar to other campaigns in the meaning that individuals can contribute a few dollars to assist a person reach a financial aim.

If you wish to learn to put money into this business, you have to do plenty of research. Actually, you can believe that you are not too young to even consider investing in this business while in your college years. it isn’t just about getting and profiting from existing companies. this is simply one part of that. this is reportedly one of some greatest investments that a person can make. Wholesaling is a way to become involved in markets without obtaining a property.

There’s one sort of investing you won’t find much info about from the standard sources. Before you begin investing in this business, it is going to help to know the strategies that will decrease your risk and boost return. When you purchase it directly, limited capital invariably also limits the quantity of properties you are able to purchase in addition to location. It is possible to put money into it practically anywhere on the planet. it is just one of the oldest types of investing known to man. Whether you’re thinking of buying personal or commercial property, you will have to have a firm comprehensive knowledge of the mortgage process so it’s possible to find the most suitable deal for you.

You might need to hold onto the actual estate for a couple of years to be able to build up enough equity. If you would like to put money into real estate, bad credit may be a stumbling block, but it doesn’t need to derail the entire train. Because lots of people consider investing in it a huge risk, you might find purchasing a property somewhat scary, but you must have no worries. it is really a team sport. When approached correctly, it may be lucrative and trustworthy approach to create significant income.

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Disadvantage Too Much Work For You

Too much work involvement or workaholism is associated with employee’s excessive time spent on working. In other words, it suggests an awfully high drive to work even without enjoyment. Since workaholics tend to place their work before anything in their lives, they usually have a poor work-life balance and low life-satisfaction.

Employees with long hours spent on working don’t necessarily mean workaholics. They solely have a very high work ethic. A compulsive is solely someone who resolves their entire life around work even if don’t seem to be operating. They usually don’t relish activities outside work. They just work and work and work!

Being a compulsive worker is associated with addiction, such as all alternative varieties of addictions. Workaholism has a psychological impact to those who compelled to work that’s damaging to themselves.

Workaholism and job involvement, at times, seem to own overlapping characteristics, like controlled by personal characteristics, absorption of labor, and square measure outlined by personal desires.

Work engagement mediates the relationships between perceived structure support and job satisfaction and perceived stress. Perceived structure support has a conjointly immediate positive impact on job satisfaction and a negative impact on perceived stress and sleep issues. What is more, work engagement mediates the influence of perceived supervisor support on job satisfaction and perceived stress. Finally, compulsiveness was found to mediate the relationships between perceived coworker support, and job satisfaction, perceived stress, and sleep issues.

Managers ought to promote practices so as to foster work engagement and stop compulsiveness.Organizations ought to train their supervisors to be verificatory in their role of guiding, evaluating and training subordinates or encourage supervisors to own regular conferences with their subordinates.

Consecutive periods of operating straight, lack of breaks throughout the day, and consecutive days of operating result in remittent potency and productivity in employees. The abnormal work and sleep schedules affects the employees’ effectiveness and efficiency.

Some people get excited regarding operating overtime, seeing nothing however greenback signs. Whereas occasional overtime is a blessing if it equates to some surprising money, within the long-term there are major disadvantages which will have you ever thinking doubly regarding over-extending yourself.

Overtime will take a toll on your health and quality of life, whereas inflicting stress on your relationships can ultimately feat you burned out. It is a condition wherever you are feeling utterly exhausted and swamped. it’s typically caused by nerve-wracking work or being overworked, and leaves you feeling drained and sick and might cause sleep issues.

People will solely be in one place at a time, and if you’re working late, you’re missing one thing else — hopefully not your child’s birthday celebration or another equally necessary event. Whereas creating extra money might profit your family financially, your family is probably going to suffer in alternative ways. Aside from losing time with family and friends, you’ll be irritable toward them once you do have a break day.

Although, we are forced to work longer hours if we need to meet deadlines, we need to bear in mind that our efficiency and productivity are affected. So, to address this problem, we need manage our time wisely.

Workaholism is a soul-destroying addiction that changes people’s personality and the values they live by. It distorts the reality of each family member, threatens family security and often leads to family break-up. Tragically, workaholics eventually suffer the loss of personal and professional integrity.

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How To Get Great Impression On First Day Work

Landing a dream job is not so easy. You had struggled a lot to find the dream job. You had faced many rejections from the interviewers. Finally, you had cracked the interview at your dream organization. So, what are your plans for this precious day? We know that most of you are figuring out what to wear and how to impress boss and colleagues. Right? You are aware that first impression is crucial to stand out on first day at work. Now what next?

Are you ready for your new job? You are excited for this day. Perhaps, you will be stressful and somewhat nervous. It may be scary just like first day of school or college. But do you know that it is normal to feel tensed and excited.

We bring to you fifteen tips that will help you to prove your skills at work and make yourself productive on day one.

Keep Your Documents Ready

Your first day may spend in completing all the formalities – filling up forms, induction, submitting documents, etc. So, it would be better from the human resources department to ask all the necessary documents in advance that you have to submit. Once you get a list, just keep them together in the document folder to avoid any last minute hassles.

Learn About Your New Employer

Before attending an interview, you had researched a lot about your company. But your learning should not end here. You should try to gather as much as information about your company. Just read its brochures or check LinkedIn/Facebook company’s page etc.

Dress Appropriately

No doubt, a person is always judged by his/her outfit. So, a newcomer should select his or her attire carefully. You should try to understand what outfit would be appropriate for your industry. It would be great, if you know the dress code and HR policies. If your company has a dress code, you should follow it.

Be Punctual

On day one, you should reach office on time – neither too early nor too late. Leave your place early as you don’t know the route or traffic chaos. There are many people in all over the world who reach office late. The main reason is that they don’t realize the impact of punctuality. If you arrive your workplace timely, you can garner attention and respect from your seniors.

Carry A Pen and Paper

Seriously! It is essential! The chances are that you will get stationary like pen and notepad from your new employer. But you should prepare yourself with your own stationery. You can jot down all the important points quickly which are shared by other people. Don’t forget to review all the notes at the end of the day.

Think Positive

Being a new employee, it may possible that you have to face a lot of challenges during the first week of joining. But don’t be disappointed at this point. We all know that nothing is impossible in the world as ‘impossible’ world itself says ‘I am possible’. So, just keep trying and you will surely overcome this situation.

Listen carefully

During first weeks, you should be a good listener. The good listening skills will let you grasp the things quickly and avoid mistakes. It is the time when you can absorb as much as information you can. However, many questions will haunt in your mind. But you should choose them wisely and ask from others with full confidence.

Work Proactively

Many companies assign their new employees small projects so that they can easily handle. So, if you have finished your work timely and have some extra time, then you can ask from your boss some work. It will help you create a good image in the company.

Be Socialize

At your workplace, your colleagues will invite you lunch or coffee. So, you should join them. We will not suggest you to hamper your work. But you should try to make new friends and fit yourself in the new environment.

Stay Away from office politics

Mind your business! Yes, absolutely right! When you join a company, you just know your seniors and co-workers, but not much. The time changes when office gossip starts. Some people will share their personal feelings about the company and notice your impressions. Keep yourself neutral in this case. If there is something which bothers you, then it would be great to ask from your senior or human resource department. For example, if you want to know about your salary beak-up, then go directly to the concern person to understand your salary breakup, salary structure and its components.

Don’t Hesitate to Ask Questions

When you join a new organization, you will come to know about their projects. You will get a chance to learn new things from your seniors. If you have any query regarding your work, then don’t hesitate to ask. Nobody will expect from you stellar performance from day of joining. So, it is better to clarify all the doubts to complete the given task without committing any mistake.

Maintain Office Decorum

Being an employee, you ought to maintain office decorum – whether it is wearing ID cards, maintaining silence or taking breaks. There may be chances that you will not get all the facilities at your new workplace just like your old office. But there is something that makes you determined to switch.

Stay Yourself Organized

Just set up a system to track all the appointments, meetings, project deadlines, and assignments. You can use online calendar to set up reminders for all the deadlines. Either, you can make a to-do list at the beginning and end of the day.

Keep Personal Business Limited

According to a study, every person conducts personal business during official timings such as shopping online, making reservations, texting, checking WhatsApp messages or personal emails. So, you should conduct limit amount of time. Just focus on your work. If there is some urgent phone call, then just step away to attend. Learn 16 ways to maintain work-life balance!

Relax

Last but not least – be relaxed. Keep smiling J and have a great experience. Remember that everyone has first day in the workplace. So, they probably will understand the situation and help you to fit in the environment.

Hope above mentioned tips will help you create good image in new organization from day one! All the best!!

Tips To Get Job After College

After a crazy graduation celebration, throwing the graduation caps into the air, you and your friends were gathering, drinking and saying goodbye to rushing assignments, exams and the lovely diet with cereal and baked beans. Seems like your future is so bright and shiny after graduation. However, for the ones having a clear plan, it’s true, but for the rest of you, it’s might not that easy. First of all, you should seriously ask yourself three “simple” questions:

1. Who do you want to be?

2. What kinds of work do you want to do?

3. Which type of lifestyle do you want to have?

The words are easy to understand, but lots of people can ‘t tell the answers because the answers will bring out the choices, which will further impact your following life. In fact, there are various options to take after university and everyone has their own journeys, so all of you will be different. You can go to a postgraduate school, find a graduate job, start your own business or even travel around the world. Whichever you choose means that you should take the full advantages of any free time to make your plans and take real actions.

1. Get a graduate job

After graduation, Looking for a good job is the choice for the majority of new graduates. Your first port of call should be communicating with your relevant university department, for parts of them, they do offer recruitment service for their students and it will significantly lower the working barrier for you.

According to the words of Philippa Hardie, a careers consultant at the University of Chester, sometimes small and medium-size enterprises (SMEs) are the most suitable options for fresh graduates. Being a small fish in a big pound is not right for everyone and SMEs can offer your more training and challenges.

Moreover, finding a job may take a while. Be carefully don’t leave a blank gap on the CV, you can fill the time with some part-time jobs, volunteering, and internship.

2. Become you own boss

Don’t just stand inside the box, sometime you need to stand outside to see the world. If you can’t find a dream job and don’t want to settle for just a job, why not create one by starting your own company, it could be an extremely interesting process to turn your business idea into reality. Therefore, if you have the sufficient confidence and tenacity, self-employment should be a smart move. There are some main advantages for self-employment:

* Independent power to make decisions

* Control over what to do and who to work with

* Flexible time management

* Pay for any opportunities fit with you

However, nothing is perfect. You should understand that self-employment also means that you need to juggle a number of responsibilities such as marketing the business, staff management, uncertainty/problem management and financial things. Therefore, before starting your own business, you should be sure that if you would like to take these challenges.

3. Go for a Master’s degree

“if you really have a desire to study a particular aspect of your undergraduate course in more depth, then postgraduate study is the answer,” says Philippa.

Therefore, if you are certain that you have the right reasons, It’s still a good choice to back to school and study for a specific Master’s degree you are interested. Some courses like law and philosophy do need an in-depth study to qualify. However, don’t take it to just stall for time, it’s not worth and your important years could be wasted.

4. Take a gap year

Travelling around the world to take a gap could help you see more the world, meet different kinds of cultures and learn various languages. it’s not just playing, a rich life experience could make you as a much more attractive job candidate and also bring you with some fantastic inspiration during your career in a long run.

If you want, working while travelling is also a good option to develop your skills and could help you find out your favorite lifestyle during the process. Don’t expect a dream job will be standing there to let you catch, try as much as you can to discover it.

Tips To Taking Your Career After Got MBA

So, you graduated with your MBA and have no full-time job waiting for you?

Before we dive right in, let me just congratulate you on earning your MBA degree. I know that it took a large effort on your part, possibly a sacrifice on many levels, and was also stressful, fun, exhausting, and fulfilling. Well done!

Graduation itself was probably a mix of happiness, relief, and even a little sadness because you were saying goodbye to some good friends.

Maybe there was also something else. You knew that many of your classmates had full-time job offers waiting for them in a few weeks or months, while you had/have nothing lined up.

This article is for you.

I am reaching out to you because I was you six years ago. I graduated from Kenan-Flagler Business School (UNC) with an MBA in marketing and had no job waiting for me after graduation. I was a career switcher (Wall St. to Marketing) and despite many parallels between the two career paths, many recruiters and companies were not seeing the connection and instead were only seeing limited marketing experience on my résumé.

Any of this sound familiar?

Also, I know the income is needed. You have expenses, possibly including new student loans. I get it. I moved back home after graduation. I certainly don’t have advice for every specific situation but what I do know is that you cannot get down on yourself or let negative thoughts creep in and impact your next move.

You have a lot of value to add to an organization and now you need to regroup and find a way in. Keep in mind that this may take several months or longer, however if you remain persistent and focused, you will overcome this minor setback.

Allow me to offer some advice based on either my personal experience or what I learned in hindsight. I hope they are a help to you.

1. Don’t compare yourself to your classmates

You don’t know what you don’t know. Everyone is in a different situation. For example, some of your classmates got their dream offer, some possibly took an offer and now have a hint of regret, some maybe took the first or only offer presented to them, while others are returning to the companies that they worked at before business school because they have to.

You don’t know everyone’s story and it doesn’t matter. Your classmates are starting their new journeys and so are you.

Wish them well and focus on your next steps.

2. Take care of yourself

· Exercise at least several times a week

· Eat well

· Get enough sleep

· Get outside

· Laugh. Read funny books; watch comedies or stand-up comedy

Looking for a new job is stressful and is even more difficult if you’re sick. Stay healthy.

3. Get together with people

Reach out to friends, former co-workers, or classmates for coffee or lunch. It’s great just to catch up and have a good conversation. Whether they can help you directly is not the point. Meeting with them will very likely give you a boost and make you both feel good.

4. Attend networking events

Sites like meetup.com and alumni events are a great place to make a new contact or two. You never know where one meeting could lead.

5. Add variety to your day

Do not spend 8 hours a day just job searching. You’ll get burned out. Mix it up to stay motivated… and sane.

Take time each day to read the newspaper, different magazines, online articles, books on people or topics that you are interested in. You can get all of this information for free at your public library. It’s a great resource. Take advantage of it.

Additionally, while I know you just finished 2+ years of classes, there are also tons of online courses available if you want to learn or become more familiar with certain topics.

6. Think of where you want to go in the longer term

There’s a very good chance that you have an idea of where you want your career to go over the next 5 years or so. Keep that perspective handy and realize that your first job will be a stepping stone to the next opportunity all leading to whatever your larger goal is. Landing a job is not the end game. It’s a chapter in your larger book.

7. Set parameters for your job search… but be open too

You’ll regret taking just any job or the wrong job and you don’t want to be in that situation. Focus on where you want to work. Consider the commute, the hours you’re willing to work, what type of organization, what size organization, etc. If an opportunity comes up where you possibly need to make concessions, then you can make them at that time. Additionally, you may have an opportunity that looks interesting but isn’t necessarily what you are focusing on. At a minimum, be open to it and assess whether it will help you move toward your professional goals.

8. Do not endlessly apply to companies through their online portals

I made this mistake. Who knows how many hours I wasted filling out and submitting my résumé, cover letter, and other information only to never get a response.

Send your résumé and a letter directly to a company that you’re interested in via USPS (not email) whether they have a job posted or not. Use LinkedIn to research and send your information to whomever would be potentially looking to hire in the department that you’re interested in. Let THAT person then reach out to HR.

8a. You need one good fit, not 100

Don’t wait to hear back from companies; keep moving forward. I don’t know when many companies started thinking that it’s acceptable not to communicate back to candidates, especially after you take the time to interview with them, but it happens far too often and there is one good way to deal with it:

Acknowledge that it’s the company’s loss, not yours, and move on.

9. Keep practicing your interviewing skills

It’s possible that you’ll have gaps of time in between interviews. Make the effort to consistently rehearse answers to common interview questions to stay sharp. You can practice with friends or even by yourself out loud. If you’re working with a recruiter, ask him or her to ask you some quick questions so you can answer and get immediate feedback. This will also help take some of the pressure off of you when the next interview comes around… which it will.

10. Consider other approaches

This was the turning point for me.

After months of submitting applications to those online portals, I realized that one of the companies that I was interested in kept posting the same jobs over and over on their website. I decided to reach out to the UNC Career Management Center in February of 2012 to ask for an alum who worked at the company. I figured I might as well just get in touch with someone AT the company instead of hoping a computer liked my résumé.

I received the information, reached out right away, and explained my situation to the alum, who was sympathetic. While we were talking, I said to him that I would even consider an internship because in my mind I knew two things: 1) UNC had a strong connection with the company and their summer internship program and 2) I could not hear that I did not have ‘enough experience’ for a full-time job one more time. I figured the internship would be a no-brainer for them and a decent back up plan for me.

Long story short, they wound up offering me the summer internship in April of 2012 which I accepted.

That’s right. One YEAR after graduating, I was now going to work in the field that I studied for. I was one graduate among 11 current MBA students who were in between their first and second years. I didn’t care. This was a win for me.

I worked hard that summer, learned as much as I could, and left in August with a résumé that now helped recruiters and companies see the ‘connection’. Ridiculous, right? The idea that I was now substantially more marketable because of a 10-week internship was silly. But, that’s how many people view it which is why I knew the internship would pay off.

A few months later, a recruiter helped me land a job where I remained for 4 years and 2 months. I was fortunate to work at that company because I learned and contributed more there than I would have at a larger company. In the end, this made the whole year after graduating worth it. I ultimately got to where I wanted to be at this point in my career.

Why You Did Not Get The Job You Want

If you’ve applied to a job in the past few years, you may have noticed the requirements have become – let’s say – a little stricter. Along with the educational requirements, years of experience, solid work history and background check – many places are requiring an assessment test. You’ve seen them, the ones that seemingly asks the same question 50 different ways.

They make it convenient as most are taken online. I’ve taken my fair share of these tests and answered honestly. I didn’t realize what was being assessed until a potential employer told informed me, of how it worked.

Just a little background, I applied to this job as an IT recruiter. I met all the listed requirements, education, work history – background etc. I went online and took the assessment test as required. The test was about 80 questions – and like I said it seemed like it was asking me the same questions repeatedly.

A few days later a received a call from the company and we scheduled an interview. It was a small firm, and the guy who called was the owner. I went in for the interview. The interview went well, he told me his story about being in the corporate world, and how he hated it. So, he decided to start his own small business.

There were five other people who were working in the office as we spoke. None of the five seemed to pay attention to what we were saying, they were all diligently working at their small desks. I chatted with the owner for a while (trying to build rapport) based on our conversations, we were a lot alike in our approaches and thought processes – which is why I believed he revealed to me the truth.

I was asked to take another online test, after our brief conversation. This test was an “intelligence test” (at least that’s what he said). The test took about 30 minutes to complete. This test was basically like the online test that I had taken prior to the interview. When I finished, the owner received the results immediately.

It took him a few minutes to process the results (that’s my assumption) I watched as the other five employees typed on their computers and answered incoming calls. Finally, after about seven or eight minutes, we sat down again.

The owner had a stack of papers that he dropped down on the table in front of us.

The top paper had my name on it. He told me, flat-out in a moment of candor, “based on the results of your assessments, you’re too smart for this job.”

I didn’t know what that meant. He went on to explain, the assessments are designed to weed people out. He said companies are looking for a specific type of person. Someone who “isn’t too dumb, but also, someone who isn’t too smart”.

He said people who are “too dumb”, struggle with the basic concepts of the job. They make more mistakes, and in the long run won’t make a good employee. The people who are “too smart”, learn the job relatively quickly, get bored – and move on to a more challenging job. In the long run, they don’t make good employees.

I was told, the best employees, are the ones that aren’t “too dumb, but aren’t too smart” – and most importantly will happily stay in that place for years. The often asked question, “where do you see yourself in five years” is asked to weed out the overly ambitious.

This was news to me, and I thank the small business owner who told me this, I wouldn’t have known this without his candor. After all he told me, he still offered me the job – but I didn’t take it. He was looking for a long-term employee – and the truth was, that wasn’t going to be me.

He gave me the computerized results with my name on it. He said he doesn’t normally do that – but for whatever reason – he gave it to me. Over time, I read the nearly 40 pages of information formulated from my assessments. It had notations on where and how I most likely would fit in, positive attributes, negative attributes, etc. Things that you wouldn’t expect an assessment test to know. I must admit – most of it was right on the money.

There were two warnings that the computerized assessment gave about me to any potential employer. It said, beware of the employee in an office setting, I could get other people to think like I do, and the other; I wouldn’t be ideal for a sales job – the reasoning – I would be prone to tell potential customers too much of the truth.

As if that’s a bad thing.

In summation, if you recently lost, or are having trouble finding employment. Well, maybe you are too smart for a job.

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Why Organizational Culture Is Important

A huge a part of our lives is spent at work. Basically, it’s vital to possess an honest operating setting. The results of a positive organizational culture is way further-reaching than most of the people notice.

It is a usually far-famed proven fact that if one person is feeling down, they create everybody else down with them. Negativity is contagious, and it will have a prejudicial impact on the geographical point. Not solely will a negative setting cause workers to be sad with their jobs, however it makes them less productive. Plus, if they have different things on their minds, they are prone to creating mistakes.

Not solely will a poor work setting bog down productivity, however it will cause workers to contemplate resigning and moving on to a brand new job. Once again, this can cause current and former workers to unfold negative remarks regarding the business — that is especially damaging if you’re little to medium-sized business.

Aside from the impact on the business, a nasty operating atmosphere will have a major impact on individual workers. In reality, poor operating conditions will cause semi-permanent health issues as well as stress, depression and anxiety.

However, an honest work setting will have heaps of positive effects on not solely the welfare of the individual worker, however on the business’ bottom line. If individuals area unit pleased with wherever they work and also the setting they walk into on a daily basis, they need been well-tried to be additional productive and create less mistakes. even as negativity is contagious, thus is quality.

Whether you have got known serious causes for concern within the geographical point otherwise you merely got to create a couple of tweaks, changes will not happen long. However, there are millions of ways that to inject some quality into the geographical point, that over time can create a major distinction to the total vibration and output of your workplace.

Sometimes the sole thanks to get employment done is to tackle it on your own! does one go in work feeling lackadaisical and unmotivated? If you are doing, likelihood is that others do too. thus what are you able to do on a personal level to create a change?

Once you have got known what it’s regarding your job that’s feeling you down, you’ll work on fixing those things. No interaction together with your colleagues? Why not spark up some oral communication, recommend a mealtime activity or maybe once work drinks?

Organizing a happening outside of the workplace may be a great way to induce your colleagues into their temperature. Outside of the work setting individuals is themselves and infrequently act higher.

Also functioning on the concept of improvement is your work-life balance. it’s vital that each worker encompasses a healthy work-life balance. If you or your workers area unit operating overtime each evening or having to cancel personal plans to be at work, then likelihood is that it’s moving your overall happiness at work. you’ll grow to hate your work, which does not profit anyone.

It is natural for individuals to require to feel valued and vital in their geographical point. With technology and business dynamical at such a speedy pace of late, many of us are left behind. By keeping yourself and your workers as well-trained and up-to-date as possible, you’ll boost morale and confidence in your employees.

Organizational culture brings out the simplest from workers even in adverse circumstances. Negativity not solely kills creative thinking and the will to perform but allows a worker to develop a way of affectionateness with the organization.

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Why Taking Vacation Is Important

Summer has arrived and with it, our most popular vacation season. Nevertheless, a surprisingly large number of American workers, whether full-time employees who receive benefits, business owners, or other self-employed professionals, will not take time off to relax and get away this year, in summer or any other season.

There are many of us who apparently feel that stepping away from work responsibilities now and again signals a lack of discipline or commitment to our jobs. Many of us brag about the number of hours we work each day and more is always better. Could it be the legacy of the Puritan work ethic?

Furthermore, U.S. companies on the whole are stingy about granting paid time off, as compared to their counterparts in Australia, New Zealand, Europe and Latin America. Even in Great Britain, birthplace of the hard-working, pleasure-avoiding Puritans, employers large and small traditionally grant to their full-time employees three paid holidays at Christmas, while U.S. companies typically grant only one paid holiday.

Easter is the most important holiday on the Christian calendar, but in predominantly Christian America, there is no paid holiday for Easter. In contrast, paid holidays for Good Friday and Easter Monday are standard in Latin America, New Zealand, Australia and European Union member countries.

The Center For Economic and Policy Research reports that 25{c5b35dafdfbf8f37ea89a8e4b1ce4ba533309cdeccf6af5270a9dda6c7da91e9} of U.S. workers receive no paid time off of any kind—sick time, holiday, or vacation time. An increasing number of companies that employ primarily low-wage workers restrict the number of hours that their employees receive, to keep benefits out of reach for as many as possible.

U.S. workers are ourselves complicit in the anti-vacation time practice. According to the jobs and recruiting site Glassdoor, 75{c5b35dafdfbf8f37ea89a8e4b1ce4ba533309cdeccf6af5270a9dda6c7da91e9} of employees who are eligible to receive paid vacation time do not use all of their benefit days in a given year. Sadly, there may be a method to the madness.

The global forecasting organization Oxford Economics (part of Oxford University) found that 13{c5b35dafdfbf8f37ea89a8e4b1ce4ba533309cdeccf6af5270a9dda6c7da91e9} of managers are less likely to promote staff who use all of their vacation days and that employees who take fewer vacation days on average earn nearly 3{c5b35dafdfbf8f37ea89a8e4b1ce4ba533309cdeccf6af5270a9dda6c7da91e9} more pay than employees who use all vacation time granted.

Yet Reed Hastings, co-founder and CEO of Netflix, is considered the thought leader of a trend that advocates for offering unlimited vacation time to employees. He believes that leaders should trust their employees to make wise decisions about when and how much vacation time to take, and balance the companys’ needs and their personal needs.

Full Contact, a Denver, CO software company, now offers a $7500 bonus to employees if they actually leave town when on vacation. Conditions apply. Those employees must refrain from using tech gadgets such as mobile phones or computers and refrain also from sending emails and texts. Employees cannot work while on vacation.

Finally, Jim Moffatt, CEO of mega consulting firm Deloitte, extols the benefits of vacations, stating “By taking a break from day-to-day operations, not only was I spending more much-needed time with my family, but also I was able to focus on the bigger picture of where we (Deloitte) were and where our business was going.”

Are you convinced yet? It’s not easy for independent business owners and Solopreneurs to take time off, but make it a point to get out of town for a weekend trip or two this summer, if possible. Your clients will be better served when you are rested and ready to deliver the solutions that they need.

Thanks for reading,

Kim

Ways To Make Commitment At Work

Commitment is advanced and a multi-faceted construct, and might take totally different forms. Work commitment has been outlined because of the relative importance between work and one’s self. People will feel committed to a company, prime management, supervisors, or a specific work group.

Work commitment affects all organizations at some level and permits corporations to judge problems like turnover throughout times of varied economic stability. All of those attitudes act to form the abstract framework of every individual’s work commitment. the subsequent data analyzes these attitudes likewise as alternative structure ideas, research, and globe applications.

The success or failure of a corporation is closely associated with the hassle and motivation of its staff. The motivation of staff is commonly the merchandise of their commitment towards their job or career. Work commitment is an especially vital topic for organizations to know. the amount to that associate worker engages in his or her work (job involvement), commits to and believes within the organization’s goals and purpose (organizational commitment), needs to figure (work ethic), and commits to a selected career or profession will all have a sway on a corporation.

In today’s economy, wherever organizations are expected to try and do additional with less resources (i.e., individuals and money), it’s very vital for organizations to retain their extremely productive staff. Employees are engaged in their work and committed to their organizations provide corporations crucial competitive blessings – together with higher productivity and lower worker turnover.

Communication is one amongst the most effective ways that to stay staff engaged. it’s vital that staff are listened to, valued, and inspired to supply feedback. Successively employers should respect employee’s opinions and follow-up on commitments and responsibilities they need secure staff. By keeping channels of communication open, employers and staff will take pleasure in mutual trust and respect. additionally it’s imperative that communication be across all levels of the organization, from prime management down likewise as internally and outwardly.

In short, the importance of work commitment relies upon the organization itself. If the organization needs to become competitive and grow, as within the example on top of, it’ll place a good deal of importance on the amount to that staff are engaged in their jobs and the way committed the staff are to the organization.

On the other hand, if the organization is content with high turnover, low-producing staff, and high absence, they ought to not be troubled with work commitment. However, the leaders of that organization should understand that, at some purpose in its structure, the organization can doubtless ought to contend with a corporation that will place importance on work commitment, that may find yourself being prejudicial to the continued existence of the organization.

Work commitment is seen as a person’s adherence to work ethic, commitment to a career/profession, job involvement, and organizational commitment.

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How To Be Satisfied In Your Work

With social media today, especially through websites like LinkedIn, you get a glimpse of the various backgrounds and careers of many contacts that you made during your working life. With their backgrounds and timelines featured on these sites, you note that some have worked in a single place all their lives, while others have changed companies every 2 to 3 years. One has to ask in reviewing their background, why did they leave their previous position? What was about the job that seem like a good opportunity, that made you move on?

First let us look at three factors that determine satisfaction with your work situation, the company, your boss, and your personal goals.

With the company, the first thing that comes to mind is its name and reputation. Is it respected in the industry that it is in? Google and Apple are the big names in tech. Merck and Pfizer are the big names in pharmaceuticals. Mercedes and Volvo are respected names in Auto. Allstate and GEICO are the most prevalent names in insurance. So what makes for a good company beyond its name? Factors to be considered: clear mission statement, strong corporate governance and ethics, solid performer in the industry, good support system and strong working culture with respected peers. Pride in the company is important for you to be an effective employee for you are the face of the company. Good companies are transparent of what they are doing and how they are performing. Another characteristic is that they care enough of their employees by offering good benefits such as health and a matching 401K plan. If you work for a public company, how is it view by the market? Performance and public perception is reflected in its stock price.

Second is your manager. One of the biggest reasons why people leave their jobs is because of the person that they work for. In defense of managers to start off with, people who are put in these positions are never formally trained to manage people. It is a position that requires empathy and emotional intelligence, which last time I checked, is not tested for when one is being considered for promotion. Usually promotions are handed down because you are the most qualified of all the applicants that have demonstrated great ability to do your current job and projected to do the next level job successfully. In a lot of cases if you are favorably viewed by upper management, you would be a front-runner in getting the position regardless of whether you can be a good manager or not.

There are managers that are a natural in motivating and getting the most out of their direct reports while there are others that are not. Usually the “inferior” manager will be more concerned about how they are perceived by upper management and will work to build positive perception rather than maximize the performance of the group. This type of manager also will be the type to “throw people under the bus” to deflect any wrongdoing on their part.

The other major issue that inferior managers are guilty of is not holding bad performers accountable. In a group setting, it is not unreasonable to expect that everyone is carrying their weight and compensated accordingly. It is not unusual to have a disparity in performers that are not up to par. The biggest sin that can happen is when the manager does not take action in correcting this. If it is not, then unfairness comes into play and sometimes there is an imbalance in workload because the manager shifts the essential work to performers and lets the non-performer slide. This is doubly worse when the non-performer is not acted on and gets the same compensation as the performer. This is an ingredient for dissatisfaction.

The third and last factor is your personal situation. Many factors come into play in determining what keeps an employee happy. Employees must feel that they are equitably compensated for their job based on performance and experience. A motivated employee should feel that they are contributing to the goals of the group and the company. Opportunities must exist for upward movement and not let the individual feel stagnant in their position.

Other factors that may come into play are work location, drive to get more education, or shifting life goals.

With work location being closer to family is a strong motivator for moving or keeping you at your current position. It is not unusual that one would give up the opportunity to gain higher compensation if it means that they would have to relocate away from your family. Perhaps your priority is more in emphasizing family rather than advance your career.

It is not unusual for someone to leave their job to pursue more education. They may see a need for more education (whether getting a bachelors or pursing a Ph.D) as they see a need to position themselves better for the future. In one instance, after working as a developmental chemist in a lab for 3 years, the individual left the company to pursue a MD degree.

Some may decide that working for someone is not in the cards for themselves and decides to take a bold step and start their own business. They are motivated in building a business for themselves. This could be bred into them if they come from a family that had their own business. It could be frustration from having to work for bad bosses and decide that being on their own is better.

Lastly, some are always looking for better opportunity. It is the “proverbial pot at the end of the rainbow” chasers. They are the ones that are never fully satisfied no matter what the job brings. At some point, they would have to come to grips as to what they want out of their working life.

So the company that you are employed in, the boss that you work for, and your personal situation are all 3 factors that work symbiotically to determine your job satisfaction.

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