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Friday, March 18, 2011

The Work Buzz's Latest News: So you want to be the boss?



The Work Buzz's Latest News: So you want to be the boss?


Posted: 17 Mar 2011 08:44 AM PDT
Or, perhaps a better question is: Who doesn't want to be the boss? In addition to higher pay, managers typically experience more power, prestige and freedom than their junior-level counterparts.
Chances are, if you got offered a promotion to a management position, you'd enthusiastically accept. But along with the glory of being the boss comes a lot of responsibility … responsibility that not everyone is ready for when they take on a leadership role.
According to a new CareerBuilder survey, one-in-four managers reported that they weren't actually ready to become a leader when they started supervising others – a figure that’s not entirely surprising.
"Any supervisory job is dramatically different from a non-supervisory role," says Dennis Kravetz, author of "Measuring Human Capital: Converting Workplace Behavior into Dollars." "For example, non-supervisory engineers need to have a variety of technical engineering competencies, accountants need technical accounting skills, etc.  Employees are trained for this at the college level and their performance at a non-supervisory level is based on how technically competent they are in their field."
In a management role, however, Kravetz says the necessary skills for success are entirely different. "Supervisors primarily need people competencies (developing others, handling conflict, scheduling work, etc.). Engineers and accountants had zero college courses in areas like this and no on-the-job training either. The net result is that these people are often lost in the job of new supervisor," he says.
Indeed, it seems that the areas most managers struggle with are primarily those that are people-centric. According to the survey, managers reported having the most trouble with the following:
  • Dealing with issues between co-workers on my team – 25 percent
  • Motivating team members – 22 percent
  • Performance reviews – 15 percent
  • Finding the resources needed to support the team – 15 percent
  • Creating career paths for my team – 12 percent
A successful transition into a supervisory position can be made, though, even if you don't have any leadership experience. Here's how to prepare yourself for leadership, and what not to do once you get there.
According to Kravetz, doing the following will increase your potential for management success:
  • Take available classes targeted for new supervisors. If these are not offered by your employer, find them through professional management associations, college continuing education classes and other vendors.
  • Identify effective supervisors where you work. Model yourself after them. Ask them if they could mentor you on how to be a good supervisor.
  • Seek out team leadership and project leadership roles even when you are not assigned to this role. Learn from the experience.
  • Seek out your current supervisor for an informal assessment of your strengths and weaknesses as a potential supervisor and work on your weaknesses.
  • Read practical, how-to books on being a supervisor. (Kravetz wrote two such books "The Directory for Building Competencies" and "The Competence Builder" that help people build competencies in any area.)
On the other hand, once you're ready for a management role, make sure to steer clear of any of the below behaviors, which, according to the CareerBuilder survey, are the top concerns workers have with their bosses:
  • Playing favorites – 23 percent
  • Not following through on promises – 21 percent
  • Not listening to concerns – 21 percent
  • Failing to provide regular feedback – 20 percent
  • Not keeping employees motivated – 17 percent
  • Not facilitating employee development – 17 percent
  • Only providing negative feedback – 14 percent
Are you a manager? How did you learn to be successful? What important lessons have you learned about leadership? Tell us in the comments section, below.
Want to know more about leadership roles? Check out:

The Work Buzz's Latest News: Employers fear St. Patrick’s day will kill workplace productivity



The Work Buzz's Latest News: Employers fear St. Patrick’s day will kill workplace productivity


Posted: 16 Mar 2011 01:13 PM PDT
We've told you about the most unusual excuses workers have had for calling in sick and coming in late to work, but it looks like we’ve stumbled upon a new one. Post-holiday hangovers.
According to a recent survey from Irish human resources consultancy Peninsula Ireland, nearly a third of employers there expect that some of their staff will call in sick this Friday, due to hangovers caused by enthusiastic drinking during St. Patrick's Day celebrations. Almost all of the 626 employers surveyed (94 percent) fear that productivity will decline on March 18th.
“St Patrick’s Day is a huge celebration for the people of Ireland, but for many bosses the following day is one of lost productivity, something they could do without in the current economic climate," Alan Price, managing director of Peninsula Ireland, said in a statement. "With the following day being a Friday, many employees will be looking to pull a sickie in order to have a long weekend to get rid of their heavy hangovers.”
Price went on to say that employees who do so should be disciplined in the same way they would be any other day. (As much as we love the term "sickie," we must agree with Price on this one.)
Workers in the patron saint’s native land aren't the only ones who will be tempted into over-consumption though. New York City is celebrating the 250th anniversary of its St. Patrick's Day parade, Boston has more than 100 Irish pubs in its vicinity, and it's been reported that bars in Phoenix and elsewhere will be opening as early as 6AM on March 17th, presenting plenty of opportunity for bad decisions on this side of the pond as well.
While we won't be a total buzz kill and suggest you skip the green beer altogether, if you do plan to partake in St. Patty's parties, we do recommend moderation and keeping the following in the back of your mind: According to CareerBuilder's latest survey on calling in sick to work, 70 percent of employers require a doctor's note from "sick" employees, 29 percent check up on employees who call out of work and 16 percent said that they've fired an employee for calling in sick without a proven or valid excuse.
For more on calling in sick, check out:
“A chicken attacked my mom” and other reasons you called in sick
Nuttiest excuses for being late to work

Wednesday, March 16, 2011

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



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


Posted: 15 Mar 2011 10:13 AM PDT
If you’re superstitious, you’re probably bewaring the Ides of March today. As a result, you’re likely trapped inside your home today, not answering calls from your pals who just want to take out you for a nice dinner.
So, while you have time to spare, why not spend the day job hunting? We’ve made it simple for you. Here are 10 companies hiring this week:

1.Morgan Stanley
Industry:Information technology
Sample job titles: .Net (C# / SQL Server) senior distributed developer, senior database developer
2.American Senior Communities
Industry: Nursing
Sample job titles: Assistant director of nursing, certified nursing assistant
3.Dr. Pepper Snapple Group
Industry:Sales
Sample job titles: Merchandiser, account manager
4. EarthLink Business
Industry:
Telecommunications
Sample job titles: Technical support analyst, warehouse technician
5.Iron Mountain
Industry: Transportation
Sample job titles: Courier, transportation coordinator
6.Pharmerica
Industry: Pharmaceutical
Sample job titles: Pharmacy technician, consultant pharmacist
7. Adidas
Industry: Retail
Sample job titles: eCommerce product analyst, sales associate
8.Netflix
Industry: Manufacturing
Sample job titles: Operations supervisor, machine operator
9. Guaranty Bank
Industry:Banking
Sample job titles: Branch manager, personal banker
10. Hyatt
Industry:
Marketing
Sample job titles: Corporate manager of digital media, manager of international digital media and strategy

Tuesday, March 15, 2011

The Work Buzz's Latest News: How to find a mentor and increase your odds of career success



The Work Buzz's Latest News: How to find a mentor and increase your odds of career success


Posted: 14 Mar 2011 12:36 PM PDT
There's a simple secret to the success of some of history's most accomplished people. They've had incredible mentors.
Bill Gates has one in Warren Buffet. Oprah Winfrey has one in Maya Angelou.  Yves Saint Laurent had one in Christian Dior. Aristotle had one in Plato, who had one in Socrates — and the list goes on.
Yet mentorship, while consistently cited by leaders as one of the most beneficial "get ahead" tools for the working world, also seems to be one of the most under-utilized, both by individuals and the companies they work for. According to a recent survey by consulting firm Accenture, fewer than one-third of those polled (32 percent of women and 31 percent of men) reported having a formal or informal mentor, and only one-in-five respondents said that their company had a formal mentoring program in place.
Additionally, when asked what tactics they'd previously used to move their careers forward, only 19 percent of workers said they'd used mentoring as an advancement strategy. In comparison, 59 percent had sought additional training or education, 55 percent had taken on additional responsibility at work, 37 percent had asked for a raise or promotion, and 30 percent had used networking to get ahead.
The relatively small number of workers with mentors is especially surprising considering the list of benefits to be gained from these relationships. According to the survey results, the following were the most common perks cited by those in a mentorship:
  • Mentor provided guidance and advice — 81 percent
  • Mentor helped plan career moves — 45 percent
  • Mentor acted as a sounding board — 43 percent
  • Mentor publicly supported/endorsed mentee for a promotion — 32 percent
Think you could use a business mentor, but not sure how to find one? Here are a few things to keep in mind as you set out on your search:
1. "Mentors" and "role models" are different:  It's great to have people that you can look up to in your career, but these role models are different than formal mentors. "Professionally, there is room for formal mentoring relationships and role models," says Dave Sanford, an executive vice president at staffing firm Winter, Wyman. "[But] I think mentoring is more of an active process — there is open communication, you can share personal information and not feel judged or fearful of jeopardizing your career. With a role model, it's more that a person is leading by example. They demonstrate ways to do things and ways to behave. A role model might not even know they are being viewed as such; it's more of passive process."
2. Don't choose your boss: Your boss can serve as an excellent role model in your career, but be wary of entering into a "formal" mentoring relationship with your direct supervisor. "It may feel like your boss is too close professionally to serve as a supportive mentor," Sanford says. "For example, if your boss had to press you for performance improvement; sometimes it can get muddy and that may create reluctance. While a mentor needs to understand who you are and what you do professionally, chances are, they are a few steps removed from your day-to-day work, enabling their feedback and advice to be clean and unbiased. Mentors can come at things from a unique and very helpful vantage point."
Additionally, you should be able to be candid with your mentor about your desired career path and your goals. Doing so with your boss could create a direct conflict of interest when you're ready to move on from your current position.
3.  Look for someone in your field: A great mentor will be able to provide you with advice and guidance when it comes to your career. A really great mentor will also be able to introduce you to other valuable connections in your industry. Choosing someone who is not just a great leader, but a great leader in your industry will provide these extra networking benefits. 
4. Test the waters: Have someone in mind but not sure if they're interested in being a mentor? Test the waters by telling the person that you value his or her opinion, and ask if they’d mind giving you advice about a career predicament you’re having. If the person is eager to help, he or she will likely be open to the idea of becoming a mentor.
5. Don't be afraid to ask: "With the demands of the workplace, you will likely need to ask someone to serve as a mentor as they may not have the time or inclination to suggest it themselves," Sanford says.
While the fear of rejection might make your nervous, chances are, your risk will be worth it.  "Professionals are usually very open to mentoring — it's a great compliment as it shows that you respect the person and value his or her opinion and way of doing things. More than likely, they will accept and feel pleased to have been asked," he says.
If they do happen to decline, don't take it personally. "The reasons are most likely due to not having the time to properly devote to the mentoring role," Sanford says. Keep searching until you find someone who does.

Sunday, March 13, 2011

Moola Days



Moola Days


Posted: 11 Mar 2011 10:03 PM PST
Getting your kids to save money can seem like a challenging proposition. Let’s face it: kids are being brought up in a very materialistic, “keeping up with the Joneses” type of society. They see all kinds of cool toys and gadgets on TV, and they think they have to have them too. The unfortunate fact is that most kids are not being taught how to save that all. For this reason, it’s going to be completely up to the parents to teach their kids how to save for the future and why it’s so important. Here are 10 quick tips for teaching your kids how to save money.
1. Show them the bills: It’s very important for parents to be realistic with their kids. This means sitting down with them when they’re at a reasonable age and showing them how bills work. If you have to write it down on a dry erase board and explain to them income and outgoing bills.
2. Splitting up their cash: When a child receives money for their birthday or by way of allowance, get them into the habit of taking a certain portion of that to save. Explain to them that the money is off limits and will be put into a savings account or piggy bank.
3. Set up an account: When a child hits the age of about six or seven, it’s important for the parents to take them down to the bank and have them set up a savings account. This is something that they can be proud of. Make a game so that they’re very excited about filling out their deposit slips to put money into the bank on a regular basis.
4. Get a digital savings bank: They’re all kinds of digital savings bank’s available that will count the child’s money and keep track of how much they are saving. Different than your traditional piggy bank, this will be something that a child can regularly look at and see how much money they are accumulating.
5. Help them set goals: If a child wants to purchase something on the expensive side, help them set a goal of how much money they need to earn in order to buy the item. Maybe they can cut out a picture or even draw one that they can hang on the wall to remind them of what they’re working towards.
6. Matching: Some parents opt to match their child’s savings as a way of keeping them motivated. Similar to how an employer will match a 401(k) contribution, offer to match a child’s savings dollars for dollar. This is a great way to work with a teenager who wants to buy a car!
7. Modeling: By far, the best way to show your child how important saving money is would be to model it in your own behavior. If a child grows up in a home where money is never discussed or the idea of savings is never brought up, they will have no idea how to handle their own financial affairs.
8. Talk about how to spend money: When your child wants to spend their money on something, have an open and honest talk with them about whether or not the item is really worth the money. For instance, if a child gets $50 from their grandparents for Christmas and wants to immediately spend it, work with them on deciding whether or not the item they want to purchase is worth the investment.
9. Talk about the future: As a child gets older, it might be worth it to sit down with them and show them how money grows using compound interest. Kids are often amazed to see how much money grows over time if you just leave it alone!
9 Quick Tips for Teaching Your Kids to Save Money is a post from: Moola Days


Moola Days



Moola Days


Posted: 13 Mar 2011 12:08 PM PDT
Your credit score is more than an arbitrary number. It is used to work out your eligibility for finance, which means it will have a direct impact on the quality of your life in that you may or may not be able to get finance for a home or take out a credit card. So if you have a low credit score and would like to raise it, here are five surefire ways to help you get started.
1.) Track Your Credit Score
Out of sight out of mind is not a mantra that applies to improving your credit score. While some may choose to remain blissfully ignorant when it comes to their credit score they are not doing themselves any favors. For those who are worried that their credit score may not be the best simply ignoring the problem will not make it go away. You should be fully aware of your current credit score so you aren't caught by surprise. There are many online services that allow you to view and track your credit score, often for free. Keeping up with your credit score is the first step to managing your credit score as it keeps you informed of any problems that may come up and sets you on a path to fixing those problems.
2.) Use Your Credit Care Sparingly
Racking up large amounts of debt on your credit card can severely cripple your credit score. The less you charge to your card, the better. A good rule of thumb is to keep your monthly expenses at or below 30% of your card's credit limit. Many credit care companies allow you to set a monthly limit and will send you e-mail alerts when you are approaching that limit. Keeping your monthly balance well below your credit limit will help improve you credit score. Maxing out your credit card will severely impact your credit score in a very negative way so make sure you stay as far from your credit limit as you possibly can. Otherwise you're just asking for trouble with your credit score.
3.) Pay More Than Just the Minimum
While it may be tempting to charge to your credit card more than you know you can pay and then simply pay the monthly minimum payment that is one of the easiest ways to rack up a debt that you are incapable of paying on in a timely manner. The best way to avoid a mountain of future debt is to pay off your entire credit card bill every month. Of course, to do this you'll need to make sure that you're spending only as much as you can afford to pay but in these trying times you should be trying as best as you can to live within your means. Paying off your monthly bill in full is a great way to build credit and improve your score if you've had problems with it in the past.
4.) Stick With One Card
An ongoing balance with multiple cards will not reflect well on your credit score. A good way to keep your credit score at a desirable level is to keep as few cards as possible active. Also, your credit score will improve the longer you keep a card active so long as you're paying off the balance in full each month. Instead of moving on to another card that you feel might work better for you stick with the one you have. The longer you use a card the more good credit you're building. Also, it will help you stay within your budget as it's very easy to get behind on your payments when you have your finances spread across multiple accounts. Keeping just one card active and sticking with it for an extended period of time will help you build trust with that company and improve your credit score.
5.) Keep an Eye On Your Credit Limit
Being mindful of your credit limit can keep your credit score from being artificially low. If you notice that your credit score seems lower than you feel it should be call your lender and verify your limit. Many times if your issuer doesn't report your credit limit to credit bureaus the bureaus will simply use your highest balance as a proxy for your credit limit, making it appear as though you are regularly maxing out your cards. Making sure that your credit limit is being accurately reported to credit bureaus is another way to improve your credit score.
5 Easy Ways to Improve Your Credit Score is a post from: Moola Days


Saturday, March 12, 2011

The Work Buzz's Latest News: Where are the jobs? We’ve got the answer



The Work Buzz's Latest News: Where are the jobs? We’ve got the answer


Posted: 11 Mar 2011 09:04 AM PST
If you're a job seeker, then you probably follow employment news pretty closely. You probably already know that the economy added 192,000 jobs in February, and you've likely read the surveys  that suggest hiring will pick up this year. What you might not know, though, is where the heck all these job openings are.
We know that you're wondering this because, here at TheWorkBuzz we get asked, "Where are the jobs?" almost every day.
In the past, we've answered this question by analyzing data from sources like the BLS, CareerBuilder job postings and third-party surveys. And, as phenomenal as we'd like to think our manual analysis has always been, a high-tech tool will now help us more easily and accurately tell you where the jobs are.  
CareerBuilder’s new Supply and Demand Portal will pull data from national employment resources such as CareerBuilder.com, Wanted Analytics and Economic Modeling Specialists, Inc., accessing more than 45 million jobs, 40 million résumés and 140 million worker profiles. Then, based on the number of available jobs and available candidates, the portal identifies occupations and corresponding markets with the greatest supply and under-supply of candidates. (We're good, but we're not that good.)
The following is sample data from the Supply and Demand Portal, from industries where there is a growing gap in the number of workers needed to fill job openings.
1. Nurse practitioner — .23 active job seekers for every position
Baby boomers begin to turn 65 this year, which will have twofold implications on the health care industry. First, it means that a large part of the population will begin to retire at a faster rate, leaving jobs to fill in health care. At the same time, the country's aging population will have a greater need for health care services.
2. Database administrator — .26 active job seekers for every position
Most companies long ago traded their file cabinets and paper trails for database systems, but the digital information just keeps piling up.  Demand is high for workers who can not only manage this flood of data, but who can extract necessary information from it.
3. IT security — .59 active job seekers for every position
In the last year alone, companies like Google, AT&T and Gawker Media have fallen victim to hackers. Employers aren't taking any chances with their network security.
4. E-mail marketer — .69 active job seekers for every position
Right now, your e-mail inbox is probably clogged with newsletters, coupons and promotions from every company you've ever shopped with. Because you're inundated with dozens of these e-mail messages each day, there's high demand for e-mail marketers who can create eye-catching, engaging messages that make recipients actually want to click "open" instead of "delete."  
5. Financial adviser — 1.2 active job seekers for every position
Post-recession, Americans have a new appreciation for the value of a dollar, and people are concerned with building their emergency funds and getting retirement accounts back on track. As baby boomers start to retire, the need for financial advisers will become that much more urgent.
6. Environmental engineer – 1.25 active job seekers for every position
You've heard of blue collar job and white collar jobs, but "green collar" jobs are currently one of the country's hottest employment areas. In addition to a national trend toward the environmentally and eco-friendly, a variety of government initiatives introduced last year — like the $2.3 billion clean energy program and the $2 billion in loans given to emerging solar power companies — have contributed to substantial job growth in the green jobs sector.
7. Sales engineer — 1.72 active job seekers for every position
Salespeople directly contribute to a company's bottom line, so is it any wonder that these roles are some of the first that rebounding companies are looking to fill? Sales engineers take the role one step further, managing more complex deals and partnerships, and providing customer service along the way.
8. Social media manager – 1.78 active job seekers for every position
According to a report by research firm eMarketer.com, 80 percent of U.S. businesses with more than 100 employees plan to make social media a part of their marketing campaigns this year. Social media managers monitor user engagement, create content and analyze metrics for platforms like corporate blogs, and Facebook and Twitter accounts.
9. Compliance analyst 2.52 active job seekers for every position
Post-recession, companies are being held under greater scrutiny and must meet with more stringent local, federal and state regulations. Organizations — in particular health care and financial firms – need people who can understand relevant laws and help in establishing policies and training programs for employees.
10. Writer (technical and other) – 3.31 active job seekers for every position
As technology gets more complex, someone has to explain its nuances to users. Technical writers clarify new products, upgrades and features in user manuals, brochures and online help centers.
Thoughts on this new tool? Let us know in the comments section, below.

Career Igniter

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

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