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Sunday, February 27, 2011

Companies hiring this week

Companies hiring this week: "

It’s Tuesday! And in the great tradition of, well, all great blogs and VH1, we like lists. And you’ve come to expect our weekly list of companies hiring every Tuesday. We look for 10 companies who want workers right this moment and then we post them here.


So, wait no more. Below are 10 companies hiring this week.




1. Volt

Industry:Technology management consulting

Sample job titles: Supplier quality engineer, HVAC control technical specialist


2. Tires Plus

Industry: Retail

Sample job titles: Automotive technician, retail store manager


3. Black and Veatch

Industry: Engineering, consulting and construction

Sample job titles: Oracle business analyst, DOT industrial specialist


4. Zep, Inc.

Industry: Business development

Sample job titles: Food sanitation sales representative, enterprise sales representative


5. ADT Security Services Inc.

Industry: Security and sales

Sample job titles: Account executive, sales representative


6. Amazon

Industry:
Editing

Sample job titles: Editor, senior editor


7. Central Refrigerated

Industry:
Transportation

Sample job titles: Truck driver


8. Comcast

Industry:
Sales

Sample job titles: Project manager, direct sales winback representative


9. Disys

Industry:
Information technology

Sample job titles: Systems administrator, technical writer


10. OfficeTeam

Industry: Administrative

Sample job titles: Data entry clerk, relocation coordinator




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"

Tuesday, February 22, 2011

Writer/Blogger Interns Wanted / Ecologic Earth

Writer/Blogger Interns Wanted / Ecologic Earth: "Ecologic Earth/Nationwide

We're looking for talented "green"-oriented college students across the United States, Canada, the UK and Australia to become a part of our Ecologic Earth writer/blogger internship team!



If you've always wanted to contribute to a startup company in the “green" industry, this is an exciting time to join our growing team and build your own following!



Eco-conscious, forward-thinking students from across the world will be selected to write for the EcologicEarth.net blog and help create the #1 online resource for green-living and eco-friendly products. As part of our international team of professionals and interns, you will experience blogging and digital media in a start-up environment!



Requirements:



-A true “green†heart and an affinity for making the world a better place through ecological initiatives and actions



-Personality and the ability to create unique content by utilizing online and offline resources as well as the “green†mindset in writing



-Strong writing skills, plus willingness to write and blog around 1-2 posts per week



Successful applicant profiles include:



-Environmental Studies/Journalism/English/Creative Writing/Marketing/Public Relations majors/minors or recent college graduates seeking to gain experience in an online environment



-Experienced bloggers



-College students with an interest in online publishing/media



What You Get in Return:



-Membership in an exclusive internship team of a “rising star†company and blog



-Possible college credit (depending on your University's requirements) and great networking opportunities



-The ability to blog and share your thoughts and ideas on a high-traffic blog



-Exposure of your points-of-view and your name as an expert contributor in the “green†field



The internship is conducted over the site and through email, Skype and conference calls, and will likely require a minimum of 3-5 hours per week.



The internship is unpaid but each article that you publish will include a backlink to your own website or blog and you will also be able to use an author bio box to advertise yourself. We will also take an active role in enhancing your online presence through such our social media sites (Twitter, Facebook, etc). Our internet marketing experts can help you get your name out in the green-living community. We will also market you as an expert with the full force of our organization, as this is a mutual interest; the more press we can get for you, the better our blog will look.



If you're interested in joining our team please e-mail your resume, a short cover letter, and a 250-500word green/environmentally-oriented write-up to us.

Apply To Job"

Sunday, February 20, 2011

“Experienced intern” is no oxymoron

“Experienced intern” is no oxymoron: "

We’ve told you before about the relatively recent trend of experienced workers (and even celebrities) taking on internships to jump start their careers or take them in a new direction — and now, more employers are embracing the idea as well.


In addition to programs like Encore Fellowships — an effort prompted by the Serve America Act of 2009 that allows experienced workers to transition into nonprofit and social service careers — some private companies are instituting programs of their own to help experienced workers start fresh.


Take Boston-based recruiting firm ThinkFlex, LLC. The firm recently began a program to connect job seekers — in particular, those who have been unemployed for five years or longer — with internships to help get their careers back on track. The program — started by ThinkFlex founder Subhadra England, pairs these workers with companies specifically looking for experienced interns.


Earlier this week, TheWorkBuzz got a chance to chat with England about the ThinkFlex program and why she thinks it’s never too late to be an intern. Here’s what she had to say:


What prompted you to start this internship program and what do you hope the outcome will be?


Because I stayed home when our children were younger, I understand how difficult it can be to jump back into the workplace after taking time off. In my role at ThinkFlex, I’ve also met many professionals returning to the workplace after five years who face a tremendous amount of obstacles.


I’m hoping that this internship program gives professionals an opportunity to update their skills, expand their network and gain confidence, and that employers see these internships as an opportunity to develop a pipeline of potential employees, build their employer brand and affect social change in the workplace.


For those who are returning to the workforce after an extended period of time — what skills are important to brush up on?


Every industry is different, but most professionals should focus on transferable skills and new software tools, business practices and statutory compliances. Transferable skills are skills that we use everyday including communication, leadership, project management, and negotiation skills, and they can be applied across industries and functions.


In general, do you think it’s a good idea for those returning to the workforce to take on internship roles — regardless of age?


Absolutely. Whatever your age, an internship is a chance to grow professionally and personally. It’s a great opportunity to develop your skills and expand your network.


Have you seen a lot of applicant interest in the project thus far?


So far, both employers and candidates seem to be excited about this program. I also have to admit that I am very excited about the potential of this program because it may be my opportunity to make a difference with my work.


ThinkFlex is currently looking to place an intern in the Boston area with National Center on Time and Learning. The position is paid.


For updates on available internships — or if your company is interested in participating in the program — visit ThinkFlex.net.




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"

The Work Buzz's Latest News: Workers share their business travel blunders



Posted: 16 Feb 2011 07:59 AM PST
A friend of mine used to get mercilessly teased at work for an unfortunate business travel mishap she'd made. As a junior associate at a public relations firm, she'd sat next to the firm's managing partner on a flight to meet with a client. About an hour into the trip, she'd fallen asleep — right on the shoulder of the managing partner — and proceeded to snore for the duration of the flight. From then on, every time someone at the firm went on a business trip, they'd (jokingly) be reminded not to snore on the executives' shoulders.
As it turns out, my friend isn't the only one with an awkward business trip story. According to a new CareerBuilder survey on business travel, lots of people have had bizarre or embarrassing experiences while traveling for work. Below are some of the stranger incidents that respondents shared:
  • "A client mooned the plane."
  • "Fell asleep in the airplane restroom."
  •  "Woman next to me asked me for a drink from my water bottle."
  • "A drunken passenger next to me insisted my headphones were a bomb."
  • "After waking up, I accidentally walked into the hotel's hallway instead of the restroom in my underwear. Got locked out and could be viewed by the elevator which was all glass windows."
  •  "Our plane was stormed by the Columbian military who thought there was a drug lord on board."
  •  "A naked guy tried getting in my cab in Indonesia."
  •  "U.S. marshals arrested a passenger when the plane landed."
  • "A guy next to me had a carry-on bag filled with candy, which he kept offering me over and over and over again."
  •  "Manager punched a co-worker on the plane."
Luckily, though, most workers don't have to worry about making these embarrassing mistakes — 68 percent of those surveyed said they never travel for business.
Those who do, however, might want to brace themselves. Employers who responded to the survey said that, for the most part, they have no plans to cut back on business travel this year, with 77 percent saying that their business travel levels will stay the same, and 11 percent planning to increase the amount that employees travel for business.
While this may mean more chances for awkward travel situations, it also means more chances to create strong business relationships. Of employers who cut back on business travel in 2010, 37 percent said that the lack of face time with clients and colleagues in other cities negatively affected their business overall, citing less effective internal communication, fewer sales and less customer loyalty as common repercussions of travel cutbacks.
Although 42 percent of companies surveyed did say that they used tools like web and video conferencing in lieu of traveling to meetings, there doesn’t seem to be a substitute for in-person meetings, meaning business travel will still be a necessary part of the job description for many.
Have you had an embarrassing or strange experience while traveling for work? Tell us about it in the comments section.
Related posts:
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Thursday, February 17, 2011

Recommended Job Search Article: How to Get Past the Phone Screen, Every Time

How to Get Past the Phone Screen, Every Time
Posted By Holla On February 16, 2011 (5:14 pm) In HR, Interviewing
I’ve been getting a decent response rate to my applications, but I seem to be getting weeded out during the phone interviews. Could you provide some information about how to get past these gateway phone interviews and what the interviewers are really looking for?
With hundreds of applicants for each opening, the initial phone interview has become a crucial tool for professional recruiters. Expect a phone screen to be much shorter than an in-person meeting – 20 to 30 minutes at most – and to touch superficially on a large number of topics as rather than delving deeply into a few. Usually conducted by an HR or recruiting professional, it's nearly guaranteed you'll be asked these three key questions that are the pillars of every interview.
Tell me about your experience.
This topic has been covered elsewhere but it always bears repeating. Know backwards and forwards each job, accomplishment and bullet point you list on your resume. When asked something such as, "do you have experience with the Great Plains accounting software?" the correct answer is not simply "yes." Articulate about everything you're asked by the interviewer. A great deal of what eventually will determine your success or failure in the phone screen is attributable to your general manner of speaking, something that goes beyond avoiding "like" or "um" when considering a question. Truly "knowing one's experience" comes from the detail and context provided in your answers in addition to simply being well spoken.

Wednesday, February 16, 2011

The Work Buzz's Latest News: Companies hiring this week

The Work Buzz's Latest News: Companies hiring this week


Companies hiring this week

Posted: 15 Feb 2011 11:40 AM PST

Hopefully you had a good Valentine’s Day yesterday. Perhaps Cupid shot his arrow at an employer* and now she will fall in love with your résumé and want to hire you. Too good to be true? I don’t see why not.

Just in case that didn’t happen, we’ve compiled a list of 10 companies looking for workers this week. So check them out if you’re on the hunt for the perfect job.


1. Chipotle
Industry:Food service
Sample job titles: Restaurant team manager

2. Sovereign Bank
Industry: Finance
Sample job titles: Consumer product manager, auditor

3. VisionIT
Industry:IT
Sample job titles: Test consultant, IT analyst

4. Zep, Inc.
Industry: Business development
Sample job titles: Food sanitation sales representative, enterprise sales representative

5. RehabCare
Industry: Health services
Sample job titles: Certified occupational therapy assistant (COTA), physical therapist

6. Hyatt
Industry:
Hospitality
Sample job titles: Concierge, assistant food and beverage manager

7. Averitt Express Inc.
Industry:
Transportation
Sample job titles: CDL truck driver

8. Aarons Sales and Lease
Industry:
Sales
Sample job titles: Sales manager

9. McKesson
Industry:
Technology and consulting
Sample job titles: Medication safety consultant (pharmacy automation sales)

10. Kelly Law Registry
Industry: Legal
Sample job titles: Divorce attorney, patent prosecution associate

*We’re going with the Cupid imagery for a cute moment here, not promoting giving a bow and arrow to a baby. That’s just irresponsible.

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Tuesday, February 15, 2011

The Work Buzz's Latest News: It’s Valentine’s Day: Do you love what you do?

The Work Buzz's Latest News: It’s Valentine’s Day: Do you love what you do?


It’s Valentine’s Day: Do you love what you do?

Posted: 14 Feb 2011 09:03 AM PST

In honor of Valentine's Day, let's talk a little about love. That fulfilling, secure and familiar kind of love that you feel when you have a really great … job. 

That's right — though griping about work sometimes seems like a national pastime, (no relationship is ever perfect!) most employees agree that, when it comes to their jobs, they're actually head-over-heels.

A recent survey conducted by staffing firm Randstad found that more than half of American workers describe their feelings toward their job with the L-word, and most have found that their relationship with work is a two-way street — 62 percent of respondents reported feeling that their employers love them back.    

“It's somewhat surprising that such a large percentage of workers say they love their job today despite layoffs, cutbacks and bigger workloads," Eileen Habelow, Ph.D., senior vice president of organizational development for Randstad, said in a statement. "This could point to feelings of gratitude and appreciation for being employed when so many have been laid off. Also, many workers have been given new opportunities to perform at work and could be feeling a greater sense of achievement and value to their employers."

Yet the gratitude employees feel for having a job isn't the only thing that contributes to their warm and fuzzy feelings toward their work.

According to the survey, job affinity is most common for workers who:

  • Enjoy the kind of work they do (66 percent)
  • Like their co-workers (11 percent)
  • Like their employers (10 percent)
  • Are well-paid (9 percent)

Despite the fact that most workers said they were happy in their current employment situation, more than half of those surveyed felt their job was more "casual fling" than "let’s grow old together." Fifty-two percent said they didn't think their current job was going anywhere in terms of learning opportunities or promotions. Still, most workers will remain loyal to their employment relationships. Only 17 percent said they were currently looking for a new position with another company.

Unfortunately, not everyone surveyed felt the workplace love. Thirty-seven percent of workers said they hated their jobs, with 29 percent citing the type of work they did as they reason. Other factors that contributed to a low score on the love scale included workers' dissatisfaction with salary (25 percent) or their employers (23 percent).

Unlucky in (job) love? Check out:

5 tips for quitting with class

6 reasons you hate your job (and what you can do about it)

2 weeks at this job and I hate it — should I quit?

Love your job so much you want to marry it? Read these:

How to become the employee no one can afford to lose

Are you ready for a promotion?  

20 ways to impress the boss

Love your job? Tell us why, below.

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Saturday, February 12, 2011

Moola Days

Moola Days


Capitalize On My Past Blogging Mistakes And Turn Them Into Your Blogging Success!

Posted: 12 Feb 2011 04:30 PM PST

Have you wondered why blogs fail? I have been blogging for … Well, honestly I am just unable to put a number to it as I simply cannot remember how long it has been since I started blogging online. Ten or twelve years? More? I am really not sure. And I have been reading stuff on other people's blogs for quite a while too. Sometimes, blogs begin with great fanfare and flourish and then, a year or so later, sometimes even in a matter of a few weeks, they simply stop. I have seen plenty of success stories and failures to become an expert on this subject.

Most of us, including myself, struggle to achieve success in blogging. While some make it to the very top and become recognized bloggers, others simply lose it somewhere without understanding what went wrong and fall back to earth pretty hard. I have started quite a number of blogs myself, only to find myself losing interest in posting to them. Why? Why do some blogs keep going and others fail? I have seen the below-mentioned mistakes enough times to know they are the typical reasons why those bloggers and blogs fail.

No Plan For Regular Posting

This is probably the most important reason why blogs fail, including those of mine. They simply do not have a concrete plan to post regularly. Posts appear sporadically or not at all, for weeks at a time, or months. If you do not set aside a fixed posting schedule, then chances are that you will only post when you feel like doing so. I had a relationship advice blog site previously but because I did not commit to post to it regularly, nothing much was happening there and hence, I decided to sell that blog away to someone who has the time and passion to maintain it. As for my main blog, I post on a fixed schedule twice every week and occasionally, I do make surprise posts every other day. Posting regularly does not mean that you need to post every day; it just means that you need to adhere to a posting schedule such that your blog audience will know when to look out for your next awesome post!

No Feedback Mechanisms

Comments are what separate blogs from normal websites. However, most bloggers do not allow comments on their blogs because they feel that they will require much effort to filter off all the spammy comments. In addition, they also fear that the blog readers might write negative comments which can be detrimental to the blog's reputation. However, I personally feel that the comments section provide an avenue for the blog readers to express what they think, be it positive or negative comments. In fact, I get criticized all the time and it is not really a big deal to get upset over. This is the nature of the game. Put it in this way, a blog without comments is not a blog! Blog comments create a conversation. The conversation is already happening elsewhere so why not have it on your own blog and get your blog buzzing with life?

Lack Of Focus And Purpose

Blogs that do not pick up and run with a specific theme or interest tend to die a slow painful death. My photography blog withered after a year of existence probably because of this reason. I started this blog with a lot of enthusiasm initially and within the first few weeks, I have already made around 20 great posts. Subsequently, I struggled with myself on what to blog about. I started to write posts that began with "Well, I have not posted anything for quite a while … " or "Apologies guys for the long wait since the last post … ". The photography blog somewhat morphed into a personal blog three months later as I shared with everyone about my personal life instead … where I had breakfast, where I dated my friends during the weekends and how I got into a fight with my family etc.

This is certainly one of the more spectacular ways why such blogs qualify for "epic fails". A very common mistake amongst other blogs. If a blog is not touching much on its specific theme but rather a litany of rants, whines and complaints, then this blog will generally dwindle away very soon. Blogs that come off as whining … FAIL. I have not seen many of these blogs stay around for long either.

Giving Up Too Fast

Nobody says blogging is going to be easy peesy. However, you cannot get discouraged so easily and just give up. Keep the content going. I guess your concern is probably that "So what if I am writing consistently? No one is reading my blog posts anyway!" This is a mindset that you need to change if you want to be successful in blogging. Everyone starts with zero readers and zero subscribers. Can you imagine that at the end of the first month when my main blog went live, I had merely ten subscribers? Somehow, we imagine ourselves to be superstar bloggers – like Brian Clark of CopyBlogger or Darren Rowse of ProBlogger – overnight. We look at their blogs with much envy as they are getting tons of traffic with significant profitability. It can be quite discouraging when our early numbers look so pathetic in comparison. It is important to realize that we have to start from somewhere and that place is not attainable overnight. For now, let's just focus on writing good content for your blog audience and the rest will follow. Believe me, it took me years to build up my brand and name.

The Need For Quality Content And Unique Voice

The quality of your blog posts does play a major role in determining the success of your blog. Your blog audience will appreciate the quality of the content that you write and that will make them want to return to your blog for more content in future. On the other hand, merely reposting what TechCrunch or the like said isn't going to get you anywhere. Try to provide a unique spin on things and ensure that your voice is heard. Do not be scared to voice your opinion or disagree about something. With zillions of blogs out there, it is almost impossible to be the only one talking about a particular topic; it's not always what you say but how you say it.

Capitalize On My Past Blogging Mistakes And Turn Them Into Your Blogging Success! is a post from: Moola Days


The Work Buzz's Latest News: Have a great idea? How to tell your boss

The Work Buzz's Latest News: Have a great idea? How to tell your boss


Have a great idea? How to tell your boss

Posted: 11 Feb 2011 07:35 AM PST

Everyone is on social media these days: your friends, your favorite department store, your neighborhood coffee shop … even your grandma throws out a status update every now and again. But for whatever reason, your company missed the memo about Web 2.0 (probably because they didn't see it on Twitter) and continues to hum along in ignorant bliss, completely unaware of the marketing and engagement opportunities passing them by.

You've been dying to fill your boss in on this missed opportunity, but you just don't know how — or when — to bring it up. That's because telling your boss about an idea you have is a risk — there's a chance you may get shot down — and taking that risk can be nerve-wracking.

If you've got a great idea on the tip of your tongue, here's how to broach the subject with your boss:

Ask yourself "Is the idea good for business?"

"There is a difference between a great idea and an idea that will truly advance the cause of the business," says Dorothy Tannahill Moran, owner of Next Chapter New Life, a career change and development firm. "Make sure that you are clear on the true benefits or results you expect."

Think ahead

You don't want to present an idea only to have you boss poke a dozen holes in it within five minutes. To prevent this, prepare yourself with background information that will allow you to answer the questions that your boss will inevitably have during your conversation. "Have your idea developed enough that you can lay out some of the variables, results and implementation [and] be ready to field questions," Tannahill Moran says.

Chris Westfall, owner of business consulting firm Westfall and Associates, suggests you start by finding the answers to the three questions almost every boss will ask:

  • How much does the idea cost?
  • How much will the idea make?
  • What’s the long-term ripple effect of the idea?

In addition to the financial details, it's important to think through the effect that the idea will have on other areas of the company, like employee morale and company reputation.

Tie your idea to the company mission

"Always know — in detail — your company's goals, mission statements, value statements, major initiatives or items that are emphasized on your company website, in shareholder reports or in any other external documents," suggests Terry Henley, director of compensation services at Employers Resource Association, a firm that provides HR advice, training and news for small businesses. "Try to tie your proposal in to support one (or more) of these stated objectives."

Even better? "If possible, connect your idea, in some significant way, with a previous company effort that is broadly acknowledged as having been successful," he says.

Consider your boss

"Know the hot buttons for your boss, his/her boss, your division head or your CEO," Henley emphasizes. "If your idea intersects with one of their areas of known interest, that increases the likelihood of success for you, and, if the idea is likely to bring favor to your boss and their immediate superiors, it will enhance their own success. Do not hesitate to point out any manner in which this idea will benefit your boss, his organizational unit and his superiors."

One word of caution, though. "Avoid being overly manipulative or self-serving; those are career-enders," he says.    

Wait for the right time

"If the house is on fire, a new idea tossed into the mix may not go over well unless the idea helps the immediate crisis," Tannahill Moran says. "You want to present an idea when the ability to focus and plan exists."

Open with a “pain” statement

A pain statement is one that directly addresses a point of concern and is a great way to get your boss's attention, says Leigh Steere, co-founder of Managing People Better, LLC. "Managers want solutions to the problems that are keeping them awake at night," he says. "For example, [say something like] 'I’ve been thinking about the last three quarters’ operating losses and believe I have a solution for turning that around and getting us back on solid footing,' or 'I see we’re getting lots of appointments with new prospects, but we just aren’t closing the deals. I think I know why and what we need to do to improve our sales results."

Be confident

"Just like job interviewing or anything else, you must exude confidence in what you are saying. If you are tentative or unsure, then your great idea is going to come across as weak," Tannahill Moran says.

Have you ever told the boss about a great idea you had? How did it work out for you? Let us know in the comments section.

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Friday, February 11, 2011

The Work Buzz's Latest News: 40 Percent of Employees Taking Advantage of that Other Office Perk: Love

The Work Buzz's Latest News: 40 Percent of Employees Taking Advantage of that Other Office Perk: Love


40 Percent of Employees Taking Advantage of that Other Office Perk: Love

Posted: 10 Feb 2011 07:35 AM PST

If there's one thing American workers love, it's each other…at least if a new survey on office romance is any indication.

According to CareerBuilder's Annual Valentine's Day Survey, nearly 40 percent of workers say they have dated someone they worked with over the course of their careers, and another 18 percent really get around have done so at least twice. Of those who have dated a colleague, 30 percent went on to marry that person.

The survey of more than 3,900 workers nationwide also found that, of those who have dated in the workplace, 10 percent have done so within the last year.

When it comes to gender breakdowns, more women than men report dating someone who was a superior.  One in three women say they have dated someone who holds a higher position in their organization; one in five men report they have done the same. Of the 8 percent of workers who are currently crushing at the office, however, more men then women (11 percent of men versus 4 percent of women) say they currently work with someone they are interested in dating.

Office romances: Business as usual? The survey also showed that people are getting less apologetic about having interoffice romances, too. "Workplace relationships no longer carry the stigma they once did, as 65 percent of workers said they aren't keeping their romance a secret," said Rosemary Haefner, vice president of human resources at CareerBuilder.

The prevalence of office romances doesn't surprise Haefner, either, who says that, with economic conditions forcing workers to spend more time in the office, the line between working and socializing has become blurred, creating more opportunity for deeper relationships to develop.

Despite the more relaxed attitude toward workplace romance, however, workplace romance can still be tricky, um, business.  According to the survey, 6 percent of workers say they have actually left a job due to an office romance.

"It is the responsibility of the individuals to understand company policy and make sure they adhere to it," Haefner says, adding that workers also need to keep their relationships from negatively affecting their professional behavior and the quality of their work.

Happy hours, indeed
So what is it that turns people into more than just co-workers? Is it stolen looks the across the cubicle aisle? The brushing of hands when reaching for the community stapler? Coy flirtations in the copy room?

Actually, 12 percent of workers reported that their relationships started when they ran into each other outside of work. Looking for love in all the wrong workplaces? Try these other popular events where workers say romance blossomed:

  • Happy hour
  • Lunch
  • Working late at the office
  • Company holiday party
  • Business trip

Haefner offers the following tips for workers who may want to spark a workplace romance:

  • Know your company's policy on office dating: While some companies may have a formal policy, others may not have anything at all. Make sure both parties in the relationship are aware of potential rules or consequences.
  • Social media – office relationship friend or foe?: Before you start posting pictures and status updates about your newfound coupledom, it may be better to inform your co-workers or boss in person. That way, there is less chance for gossip or speculation.
  • Keep the relationship out of the office: Do your best to maintain professionalism and not let the dating issues affect your performance or others on the job.

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Thursday, February 10, 2011

Moola Days

Moola Days


Should you do a Roth IRA Conversion?

Posted: 10 Feb 2011 02:22 PM PST

You’ve probably heard of both Traditional IRA and Roth IRA, and most likely have heard that one or the other is simply better. This is not true. One type of IRA may benefit you but may not be so beneficial to another person. So this article isn’t telling you to convert to Roth IRA; it’s meant to be used as basic research to begin figuring out what works best for you.

The Pros

The primary benefit of switching from a Traditional IRA to a Roth IRA is the absence of income tax when you withdraw funds during retirement. But there will be tax if you withdraw funds before you reach the retirement age. However, you do pay taxes when you convert or contribute funds. This can be advantageous to you if you contribute funds to your Roth IRA in a low income year, since you will be in a lower tax bracket. It can also be advantageous if you know if the government is going to increase the tax rate in the following year. This way you can contribute earlier with lower tax, and not pay the higher tax later. Another benefit of the Roth IRA is that there are no forced distribution. You can keep your funds in the Roth IRA for as long as you like, where as in traditional IRA, you would have to retrieve your funds at age 70.

The Cons

Now, Roth IRA may sound better than traditional IRA right now, but there are disadvantages to the Roth IRA. The contributions you put into Roth IRA are not tax deductible. This means that you won’t have any tax savings from contributing, where as in traditional IRA, the funds you put are tax deductible. There are also eligibility rules to be able to contribute to Roth IRA. We will touch on that later. And there is also unpredictable changes in the future. For example, you may not live to the age of retirement, so you won’t get the tax benefit from a Roth IRA. Congress may also change the tax benefit. You have to account for unpredictable changes in your decision to convert to Roth IRA.

Possible Limitations

To be eligible for Roth IRA, you have to be under the income limits. The 2010 numbers for single filers are 105,000 to 120,000 dollars. For joint filers, the numbers are 167,000 to 177,000 dollars. Once you go over these limits, your ability to even put a partial contribution disappears. However, there is a known loophole to contribute to the Roth IRA. I will not go into detail in this article, but it basically involves contributing to a non tax-deductible IRA, then converting that contribution to a Roth IRA right afterwards.

So the question remains: should you convert to the Roth IRA? You have to decide for yourself. Many factors are involved in choosing the best retirement savings plan, but "best" is subjective and personal. A clear cut example of this: if you do not think you will live to the age of retirement, then you shouldn’t convert to Roth IRA. You would actually lose money because you would never gett a chance to use the withdrawal tax benefit, and you would’ve paid taxes to contribute the funds. I would highly suggest to evaluate your personal finance and life situation before being set on a type of IRA. I would also recommend to get a professional personal finance adviser with a lot of experience. These people do these types of research and recommendations for a living, so they can help you more than any internet article can. Do your research and plan ahead.

Should you do a Roth IRA Conversion? is a post from: Moola Days


Where are all the Jobs?: State of the Union 2011 Address: Where Will the Jobs Be in The Next 10 Years?

Where are all the Jobs?: State of the Union 2011 Address: Where Will the Jobs Be in The Next 10 Years?




As queer as a jobless recovery


Wednesday, February 9, 2011

Moola Days

Moola Days


Groupon Review: What is Groupon Exactly?

Posted: 09 Feb 2011 05:38 PM PST

If you are a bargain hunter, you have probably heard of the so called site, Groupon.com. While for others, many may have heard of Groupon from the famous buy out Google tried to push onto Groupon. Respectively, this caused a cascading effect which attributed to Google’s creation of Google Offers just a couple of weeks ago. Not that these stories correlate much with the functionality of the website itself, one thing is for certain with all the publicity that Groupon has been receiving, Groupon’s business model works. It works almost too well. Well, let’s not get off track and talk more on what exactly is Groupon and learn why local businesses and consumers simply love it.

What is Groupon?

Much like what their slogan says, “collective buying power” and by the way the website sounds, Groupon is essentially a coupon/discount site that offers exclusive deals. That is, only if a certain demand is reached through the power of collective buying. A classic example would be, Macy is offering a 25% discount on a particular item. That is only if 2,000 people promises to purchase that item. That is the concept Groupon adopts in their business model. The only discrepancy that makes Groupon unique from any other coupon site is that in order to participate in these opportunities, you need to enter your email. You can say that everything is done over email. In other words, you will be receiving notifications of exclusive opportunities if you decide to participate through your inbox. Essentially, Groupon is a deal-of-the-day type website, where it sends out one major deal out everyday for everyone to participate in. Groupon is most known for creating great business relationships with local businesses and at the same time, reward the masses with unbeatable prices from some of the most prominent brands all over the world. Groupon serves more than 150 markets in North America and 100 markets in Europe, Asia and South America and has amassed 35 million registered users.

How to get the most out of Groupon

As the consumer taking advantage of the exclusive deals Groupon has to offer, it is your responsibility to act fast for promotions you like because there are generally a cap to how many users can redeem the same particular deal. If you find a promotion that seems interesting and you know may be beneficial to you, I’d recommend acting fast. Otherwise, don’t let these bargains get way into your head that it causes you to become irrational. The key to using Groupon effectively and just about any other coupon site in general is determining what you need and what you don’t need. As simple as it seems, that is the main obstacle behind these coupon sites.

If you are able to control your emotions and still be a rational thinker, subscribing to Groupon may prove to be a smart move as a bargain hunter. Click here to begin receiving exclusive deals from the most prominent brands all over the world for free.

Groupon Review: What is Groupon Exactly? is a post from: Moola Days


Career Igniter

DeVry University "Career Igniter" Green Tech Sales from J. Kelly on Vimeo.

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