Exploring differences in labor market activity

Exploring differences in labor market activityExploring differences in labor market activityExploring differences in labor market activityOn Friday, January 8, the Bureau of Labor Statistics released an essay on which industries need workers. Using job openings, hires, and separations data from the Job Openings and Labor Turnover Survey, industries were categorized as having high or low job openings and high or low hires. The monthly labor review explored differences in labor market activity across industries.Key Take-AwaysHealth Care and Social Assistance, Finance and Insurance, and Information need mora workers than they can findArts, Entertainment, and Recreation, and Retail have very high turnoverProfessional and Business Services, and Accommodation and Food Services have very high turnover and need more workers than they can findConstruction can easily find the workers they need and have few job openingsGovernment has very low turnoverManufacturing does not have much labor marke t activityWant to know more? Check out the Which Industries Need Workers? from Intelligence.

3 Reasons Why Going Abroad Could Be Good For Your Career [Infographic]

3 Reasons Why Going Abroad Could Be Good For Your Career Infographic 3 Reasons Why Going Abroad Could Be Good For Your Career Infographic Want to take your career to the next level? You may want to consider heading overseas.If youve been thinking ofstarting a career abroad, then youre no doubt aware of the challenges ahead. Moving abroad for work is not the easiest thing to do butthe rewards for doing it are high. As well as being a brand-new experience and a significant life event, moving abroad for work could well benefit your career in the long term. Here are three reasons why 1. Itll Turn YouInto a Highly Sought-After CandidateAccording to aninfographicfrom payday loans company Wizzcash which is included at the end of this post 80 percent of employers value candidates with international experience very highly. Whats more, being able to speak multiplelanguages is a skill associated with top performers.Even just a few years of experience working in another country could send y our resumeright to the top of employers piles.2. Itll Significantly Expand Your Skill tischsetTheres no question Working abroad will widen your skill set considerably. Aside from learning a new language (somethingyou really should try to do), you can also become an expert traveller and develop a global mindset when you move abroad. These are crucial attributes for success in todays global economy. Furthermore, your experience working abroad is a sign to employers that you can thrive in diverse workplaces.3. It CouldLead to a Better SalaryIf money matters to you, moving abroad for work could land you a better paycheck,especially if you move to a country where the wages are high andthe cost of living is low. Moreover, some countries the United Arab Emirates, the Bahamas, and Monaco, to name a few dont collectincome taxes from employees.Justmake sure you do your research. Ensure you know what your take-home pay will be and the buying power it will give you in the new country before y ou decide to move.Interested in Starting a Career Abroad?If the perks of working overseas have piqued your interest, check out this infographic from Wizzcash, which contains nine tips on how to launch your international careerIrma Hunkeler works forBlueGlass.co.uk, a digital marketing agency.

10 Employee Referral Program Fast Facts

10 Employee Referral Program Fast Facts 10 Employee Referral Program Fast Facts Your employees know the culture in the office and what kind of work ethic it takes to perform above par at your company, and high-performing employees are likely to refer candidates that are of similar dispositions.Traditional recruiting can cost anywhere from$4,285 to well over $18,000 per hire, andthat can really add up if you have a heavy hiring season ahead of you. Theknowledge that recruiting with a referral program only costs about $1,000 per hire should be a breath of fresh air.Keep in mind, too, that referral programs donthave to rest entirely on your employees shoulders. Referral programs can involve anyone close to the organization, including retirees, stakeholders, and families of current employees. On a similar note, the program doesnt have to rest entirely on your shoulders either. Employee referral management systems offer organizations easy and streamlined waysto automate mundane operat ions, freeing you and your teammates to work on other matters.For those that have employee referral programs already in place, here are some facts you may not know. For HR pros who havent yet implemented employee referral programs, these10 statistics should prove as a warning sign that youre behind thetimes.1.Companies who use employee referral programs have averagezurckhalten rates of 46 percent,compared to the 33 percent retention rates oforganizations that only use career sites.2. New hires obtained through employee referralsfinish training and onboarding sooner than hires from other sources. This is not to mention that referred hires tend to start their jobs sooner than other hires candidates from career sites start after 55 days those found on job boards start after 39 days andemployee referrals start after 29 days.3. One-third of companies planning to implement employee referral programswill use third-party software systems to manage their programs.4. Sixty-nine percent of org anizations with employee referral programs offer employees who bring in culturally and functionally qualified candidates between $1,000 and $5,000 incash incentives.5. As an alternative to a cash incentives, 15 percent of companies offer time off or additional vacation days.6. Maintaining an employee referral program can become chaoticwithout easy automation. Thats why 75 percent of organizations use employee referral program systems that allow for automated or semi-automated processes.7.Referral candidates are 3-4 times mora likely to be hired than non-referral candidates.8. Not all referral hires come from employees41 percent of referrals come from the organizations external network.9.New hires sourced via referral programs produce 25 percent more profit for their companies than new hires sourced via other means.10.Referral programs can save organizations $3,000 or more per hire.Bonus Employee Referral Programs Can Attract Passive Candidates More EffectivelyEmployee referral progr ams have the potential to include the entire team in the recruitment process. Current employees know the organization, so they understand the job requirements and the culture, and they are more trustworthy than recruiters in the eyes of passive candidates.Because referred employees get firsthand information about the atmosphere of the company and the workload of the job, they are better prepared to join the company than non-referred employees, which makes them more likely to stay with the organization and more productive than the average recruit. The referred employees preview of the company creates a faster onboarding process, which means that new employees start working sooner than those recruited from job boards or career sites.Overall, an effective employee referral program saves organizations time, money, and energy throughout the hiring process. It also functions as an additional tool for team-building. Want a strong workforce and a more affordable recruiting budget? Implement an employee referral program.

Questions that Clarify Your Company Brand

Questions that Clarify Your Company BrandQuestions that Clarify Your Company BrandQuestions that Clarify Your Company BrandAdapted from the book Finding Keepers The Guide to Hiring and Holding the Worlds Best Employees by Steve Pogorzelski, Jesse Harriott, Ph.D., and Doug Hardy. Published January 2008 by McGraw-Hill. People recognize culture, and it can be a powerful attraction to highly talented candidates. Good employer branding incorporates culture because its one of the intangible benefits that make an impression on the poised candidate. Furthermore, branding only matters if it reaches your target audience so describe your employer brand for the poised worker. Since your job is to articulate the employer brand that already exists, in reality and in aspiration, start with your employees. Solicit candid input from your current workforce because, as weve seen, a large section of them are poised workers. Your current employees are the experts if you start anywhere other than their e xperience, you are writing fiction. Ask your employees these questions Values Questions What do we as an organization believe?How do we choose which projects get done?On what criteria is your performance judged?Are we fair?How do we treat customers?Which customers deserve the most attention?Culture QuestionsWhy are you here?What is unique about us?What is your relationship to the customer?Why would your customer do geschftliches miteinander with you?What outcomes do you want from your work?How do we achieve our goals?Describe the kind of person who succeeds here.What do we want people who work here to feel for this place?What, other than money, would tempt you to leave?Would you recommend this organization to a close friend?You should also develop a more detailed list of features and benefits of working at your organization. These are the details that HR professionals and recruiters love to discuss, because theyre more concrete than mission and cultureJob descriptionCompensation det ails (salary, bonuses, hourly rate, profit sharing)Benefits of all kindsmedical, 401(k) and pension plans, savingsBusiness lineyour products and servicesBusiness opportunitythe upside of working for you, the chance to advance a careerLifestylework-life balance or intense atmosphere a jobs travel requirements, etc.LocationPositioning in the industry (best products, employer of choice status)Community service and other outward expressions of cultureRecognition from the outsideYou dont advertise with this list because, frankly, these features and benefits play backup in the employer brand. A list is just bedrngnislage as compelling as a statement (or better, a narrative). The features and benefits of a job might help you close a deal with a talented individual, or tip the balance against a competitor, but they arent effective in getting attention. Details help, and its important to accentuate all the positive things that go on in a company. Lori Erickson remembers that when I took this job at there were benefits we offer that I didnt even know about.We have an adoption assistance program and nursing rooms for new mothers in every single facility across the United States. We have a work-life person whose sole job is to put programs in place that make it easier for employees to balance the challenges of having a life and a job.We had to learn to push that message into the recruiting story. Your first attempt to define an employer brand doesnt have to be perfect, but it does have to satisfy a few rulesIs it authentic? Does your statement reflect reality? Do employees recognize the values and the culture you describe?Is it unique? Would an employee know that this describes your organization and not a similar one?Is it compelling? Does it demand action? Does it describe the meaning of working at your organization?Is it relevant? Is your statement meaningful to the people youre trying to attract?Does it describe an experience? As far as candidates, potential candidates , and employees are concerned, your employer brand is an experience. Its not a slogan, and its not a logo, and its not a press release. Its the good or bad deal of investing another day of their one-and-only lives in your organization.The answers to each of these questions must be yes, because otherwise youll miss your audience. Rigorous questioning of the statement worked for Laura Stanley, who leads the Talent Acquisition and Employment Branding team at EarthLink in Atlanta. She started her work with a reality check When I joined, the first thing I did was to ask my team, Okay, why do people join, and that you articulate pretty clearly what theyre going to get when they come, and also what theyve got to give, too, and to make sure that were attracting the right people in the right jobs at the right time.

The Argument About Resume/cv Means

The Argument About Resume/cv Means Companies may request a cover letter or samples of your work (like articles you might have written). Many work in the public service or academia will take a thorough CV to be submitted as a member of a work application. If it comes to CVs, some employers are extremely specific about what they would like you to include and the way the info needs to be laid out. When looking for a work online, there are times when you will notice employers requesting a CV rather than a resume. Read your CV as though you were the organization youre applying to. You can also incorporate volunteer positions, especially if you are a new applicant or have had employment gaps. In a CV, by way of example, if youre asking for work in education, you may want to place your teaching experience near the top of your CV. For instance, even in North America, there are parteicular circumstances where a CV is required. When applying for certain positions in the usa, and jobs internationally, you could be asked to submit a curriculum vitae instead of a resume. Together with the UK Essay Help undergraduates cant be concerned about the time but delight in a complete life. Locating a graduate job can be exceedingly hard. PaperCoach can assist you with all your papers, so take a look at the moment The 5-Minute Rule for Resume/cv Means You should not presume that your mean is going to be one of your anfangsbuchstabe numbers. The absolute most important thing to consider is that the info you place up front should be the absolute most important for the CVs purpose. If you do publish your changes, you shouldnt be asked to notify anyone particularly, or in any specific way. To figure the mean, simply add each one of your numbers together. To locate the median, your numbers must be listed in numerical order from smallest to largest, and that means you might have to rewrite your list before youre able to discover the median. Its possible to just count in fr om both ends of the list till you meet in the center, if you want, particularly if your list is short. For example, the list doesnt include changes in asides, formatting, spelling, punctuation, or other regions of the page. Below, you will locate a list of resume examples that may aid you with your work search. Past the normal fare is an array of sections that may be included, based on what sort of employer youre applying to. In the procedure, the function of the central bank has gotten a lot more pivotal. Of you wish to write as part of your private brand statement. Since youll see in each individual example resume, you can leverage the expert overview to find a hiring managers interest. Finding the Best Resume/cv Means The k-means algorithm doesnt support multiple instance learning, where the training set is composed of labeled bags, every one of which is a set of unlabeled instances. 1 method is to sequentially check each file, starting from, till you have the proper dat a. Apart from beginning with your contact info, theres no normal format for a CV. Be reasonable once you quote the figure. Employing a resume builder is a time-effective means of producing professional-looking outcomes. Many times, the application instructions for a specific position will state whether or not a CV or resume is requested. It ought to be original and well-written. Ucas application form is it provides the capability to read. If youre asking for a coding job, mention that youve worked with Java script. The application is now at end-of-life and were working to discover a new solution. The same is true for PostgreSQL.

Professional Development A Must for Todays Worker

Professional Development A Must for Todays Worker Its no secret that our world is ever changing. Back in 1998 when it welches just coming on the scene, most people were asking Whats a Google? Today, 14 years later, Google is the number one search engine on the web. Dinosaur-like cellular phones and pagers have transformed into sleek, lightweight iPhones and PDAs. Hand-written letters have been swapped for emails and landlines are being traded in for Skype. Things like social media and augmented reality have changed the way we connect with others, even inside the workplace. Our society will always be evolving and, in order to be successful, we have to adapt and keep up with the evolution. Just like we canleid keep our old habits with new technology, we cannot stay the same in our professional careers. Industries change and its the workers job to follow that change. And what better way to keep up wi th the trends than to invest in professional development?Professional development programs are an extremely important component to any company. fruchtwein employers that offer such programs are more attractive and appealing to job seekers because it shows them the companies support the advancement of their employees. Similarly, participating in professional develop for an employee shows companies the individual is dedicated to his or her career growth. Specialized workshops, seminars, classes, and conferences for your profession are all great ways to take your career to the next level. How so?Opportunities for developing new skills. Professional development courses and trainings are all about education. You will get the chance to learn new information, tactics and methods specific to your position or field, thus developing a new skill set. These courses can also help sharpen the skills you already possess.Staying up-to-date with your industry. You should desire to be the best at wha t you do and a part of that comes from being in the know within your industry. Understanding the ins and outs of your field and keeping current on whats new, whats old and what is to come can give you the upper hand when it comes to succeeding in your field. How can your company properly supply the needs of customers if it doesnt know the current demand? Regular professional development can ensure you stay up-to-date with whats happening in your industry.Building your network. We all know the power of networking professional development simply opens another door for it. As you travel to conferences and attend trainings you will meet various people within your industry who may be essential to your future success.Strengthen your personal brand. Have you ever heard the saying you are your own brand? Today more than ever this holds true. Your actions, your credential and your expertise are what speak for you as a professional. Why not allow professional development programs to help with that? By participating in professional development, youre only strengthening your personal brand as employers see the effort you put in to advance yourself and skills in the field. This especially holds true for professional development done outside of work.Remain competitive in the industry. Business is a competition. You want to be the best offer the best service, provide the best products and find the best solutions. The same is true as an employee. Hundreds of people apply for one position. And even after you land the job, many more wait, ready and willing to take your place if you fail. To move up the ladder, you will have to remain competitive and professional development can help you do just that. That extra training session or course you took provided you with an extra skill or some knowledge another worker may not have.Benefit yourself and the company. Professional development is a two-way street. Youre growing as an employee and, in turn, helping the company to grow by th e new skills and expertise you bring to the table. Now who doesnt love a win-win situation?

The art of misery Why we are never truly satisfied

The art of misery Why we are never truly satisfiedThe art of misery Why we are never truly satisfiedOn December 29, 1954, in Detroit, Michigan, Simon Kuznets, a Nobel Prize winner in Economic Sciences, stood in front of a large crowd of intellectuals, and delivered a brave Presidential Address at the sixty-seventh Annual Meeting of the American Economic Association.Kuznets had bottled up his thoughts for numerous years. But, he couldnt hold back any longer. Hisradical ideas were bubbling and ready to burst out into the open air of the auditorium.After the Great Depression, and under mandate from President Franklin D. Roosevelt, Kuznets spent donkey years pouring through a stupendous amount of economic data in the U.S. and other developed countries.In doing so, Kuznets accomplished an astonishing feat- the compression of the entire economic activity of a country into a singular number.That number is what today we call GDP, or Gross Domestic Product.On this day however, Kuznets welches nt talking GDP. He was talking inequality. Specifically, the relationship between income inequality and economic growth.During his speech, Kuznets proposed a radical idea that would stun the audience and throw the world into a frenzy. He argued that the growing economy of a country passes through three phases of income inequality.In the first phase, economic growth creates more income inequality. In the second phase, as a country begins to urbanize, the effect of economic growth on income inequality is nominal. And after a tipping point, in the third and final phase, economic growth creates less income inequality.These three phases when traced form the shape of an inverted U-shaped curve.Kuznets speech was later formalized as the groundbreaking paper,Economic Growth and Income Inequality, widely regarded as one of the most influential papers in modern economics. 1But the Inverted-U curve has far-reaching consequences beyond the world of the economics.The phenomenon also sheds light on the age-old question Why are we never truly satisfied?Never too much, never too muchIn America I have seen the freest and best educated of men in circumstances the happiest to be found in the world yet it seemed to me that a cloud habitually hung on their brow, and they seemed serious and almost sad even in their pleasures. They clutch everything but hold nothing fast, and so lose grip as they hurry after some new delight.- French Diplomat, Alexis de Tocqueville (1930)In 1981, the late legendary RB singer, Luther Vandross, released a popsong that took the world by storm.Its called Never Too Much. Here are the lyrics of the memorable chorusOh my love, a thousand kisses from youIs never too much, I just dont wanna stopOh my love, a million days in your armsIs never too much, I just dont wanna stopNever too much, never too muchNever too much, never too much. 2Aside from the slick, smooth vocals of Vandross and the catchy beat of the song, theres an undertone beneath the lyrics, whi ch accurately represents our beliefs about satisfaction.And that belief is that theres never too much of a good thing.In other words, we believe that more is better- more money, love, happiness, success, relationships, choice and so on.But ismore always better?In a fascinating paper, psychologists Grant and Schwartz, explore a substantial range of compelling studies which show that virtually all human pursuits follow the shape of the Inverted-U curve. 3According to the psychologistsThere is no such thing as an unmitigated good. All positive traits, states, and experiences have costs that at high levels may begin to outweigh their benefits, creating the non-monotonicity of an inverted U.Heres an illustration of the Inverted-U curveOn the left hand side of the curve, doing or having more of a thing is beneficial- or leads to more satisfaction.But, as this increases, the benefits taper off towards the middle of the curve. This is what economists call diminishing marginal returns.After a tipping point, on the right hand side of the curve, doing or having more of a thing surprisingly leaves us worse off.Think about the classic example of money and happiness.Wed like to think that earning more money would make us happier, but an increasing body of research would suggest otherwise.Studies have discovered that money can buy happiness, but only up to an income level of approximately USD 95,000. 4In addition, the top 1% income earners experience less life satisfaction than those who earn much less. 5Plausible explanations for this are that wealth attracts many fickle relationships that replace close genuine friendships, and it may also lead to unhealthy habits of social comparisons and material pursuits.In a similar fashion, this Inverted-U curve phenomenon resurfaces in every area of our lives.More is better only up to a certain tipping point, after which were worse off than before- dissatisfied and miserable.Vandross was wrong.Theresnever never too much of a good thin g.A pertinent question then is, where is this tipping point? When does more become too much?The golden meanIn the Nicomachean Ethics, ancient Greek philosopher, Aristotle, suggests that there is a desirable middle ground between the extreme ends of any human pursuitBoth excessive and defective exercise destroys the strength, and similarly drink or food which is above or below a certain amount destroys the health, while that which is proportionate both produces and increases and preserves it.- Aristotle (trans. 1999, p. 22)This middle ground, also known as the golden mean, is best illustrated by the optimal point, bang in the middleof the Inverted-U curve- where what we have or do, is just enough for the maximum benefit or satisfaction.According to Aristotle, the key to a lifetime of satisfaction is to remain within the golden mean of everything we have or do.For example, if youve had your basic needs met and live a relatively comfortable lifestyle, and still feel dissatisfied, youre out of balance to the right of your golden mean.To rediscover your life satisfaction and realign with your golden mean, you could rid off excesses and downsize your lifestyle, by for example, giving away clothes and items to someone else living in scarcity.Its important to note that the golden mean isnt an exact science. Its an art. And it varies from context to context, and from person to person.Through self-experimentation and inner discourse, we can move towards the center of the Inverted U-curve and realign with our golden mean for maximum satisfaction.The takeawayI denied myself nothing my eyes desired I refused my heart no pleasure.When I surveyed all that my hands had done and what I had toiled to achieve, everything was meaningless, a chasing after the wind nothing was gained under the sun.- King Solomon (Ecclesiastes 210-11)We live in a world driven by a crazed pursuit of more.More money. More love. More relationships. More technology. More happiness. More self help. More goals.We have and do too much. But, the never too much culture has sold us a dream.More isnt always better, as weve never felt so stuck and entrapped in misery than before.Our only escape now is to flip the script- to have and do less, and give ourselves away to a lifetime of service and generosity to those in need.Mayo Oshin writes atMayoOshin.Com, where he shares the best practical ideas based on proven science and the habits of highly successful people for stress-free productivity and improved mental performance. To get unterstellung strategies to stop procrastinating, get more things by doing less and improve your focus,join his free weekly newsletter.A version of thisarticleoriginally appeared atmayooshin.comasThe Art of Misery Why We Are Never Truly Satisfied.FootnotesKuznets, Simon. 1955. Economic Growth and Income Inequality. American Economic Review 45(1) 1-28.Luther Vandross Never Too MuchLyrics.Grant, Adam Schwartz, Barry. (2011).Too Much of a Good Thing The Challenge a nd Opportunity of the Inverted U. Perspectives on Psychological Science. 6. 61-76. 10.1177/1745691610393523.Andrew T. Jebb, Louis Tay, Ed Diener, Shigehiro Oishi.Happiness, income satiation and turning points around the world. Nature Human Behaviour, 2018 2 (1) 33 DOI 10.1038/s41562-017-0277-0Oishi, S., Diener, E., Lucas, R.E. (2007).The optimum level of well-being Can people be too happy?Perspectives on Psychological Science,2, 346360.Aristotle. (trans. 1999). Nicomachean ethics (W.D. Ross, Trans.). Kitchener, Ontario, Canada Batoche Books.Interestingly virtues like courage, loyalty, kindness, humility and patience also follow the shape of the inverted U curve. For example, Aristotle explains that too little courage leads to cowardice, but too much courage leads to recklessness. The only exception to this could be wisdom.