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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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  3. Is the Workplace Really the ‘New Neighborhood’? College dorms aren't just about having a place to sleep...

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


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: 08 Feb 2011 09:59 AM PST

Last week when we posted our list of companies hiring, we were all bracing for a blizzard. Now, in the aftermath of the big game on Sunday, we’re stuck with pantries full of canned soup, jugs of water, and economy-sized jars of mayonnaise that we didn’t get to use during the storm. While you’re figuring out how to make a delicious stew from those items, feel free to check out this list of companies hiring this week. They’re ready to bring on new employees right now, and you could be one of them!


1. Sprint
Industry:Retail
Sample job titles: Retail store manager, lead retail consultant

2. Morgan Stanley
Industry: Finance
Sample job titles: Annuity planning associate, private banker

3. Dell Inc.
Industry:IT
Sample job titles: Project manager, application development senior specialist

4. Maintenance Engineering
Industry: Business development
Sample job titles: Outside sales representative

5. RehabCare
Industry: Health services
Sample job titles: Physical therapist, occupational therapist

6. Cook Children’s Health Care System
Industry:
Caretaking
Sample job titles: Social worker, vice president of development

7. Blue Rhino
Industry:
Transportation
Sample job titles: Delivery truck driver, bilingual customer care specialist

8. Waste Management Inc
Industry:
Sales
Sample job titles: Territory sales manager, plant maintenance manager (recycling)

9. ConsultNet
Industry:
Technology and consulting
Sample job titles: ASP.net developer, systems engineer

10. Update Legal
Industry: Legal
Sample job titles: Admitted attorney fluent in Hebrew, legal recruiter

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