Monday, May 18, 2020
Who is the Most Ideal Employer for Finance Professionals
Who is the Most Ideal Employer for Finance Professionals The battle for talent in the finance space is fierce, from Goldman Sachs to Amazon, top finance professionals have a wealth of brilliant and diverse employers to choose from. But who is the most ideal employer among them all? The 2018 eFinancialCareers Ideal Employer Report surveyed over 6,000 financial professionals globally, who were asked to name their top three companies to work for. More than 2,800 companies were named at least once. Respondents ranked 20 attributes for companies on a scale, with those scoring a six or seven deemedâimportant. Financial professionals then rated their three ideal employers based on how strong they believed companies were in the important attributes. Gold for Goldman Sachs Goldman Sachs returns to the top the of the eFinancialCareers Ideal Employers Report, due to extremely high scoring on sections such as competitive salaries, competitive bonuses, and industry leadership. One of their fiercest competitors, JP Morgan, came in a close second with high scoring in competitive bonuses and competitive salaries as well. What is evident from this piece of research is that a mixture of reward and leadership is hugely attractive for finance talent, with over 200,0000 applicants gunning for analyst positions at Goldman Sachs in 2016, and only 2% landing a position showing the lure of working at what can be widely considered the top-rated finance company in the world. Tech is slowly taking over For a third time running, the tech behemoth Google, finished third in the report due to high scoring primarily on innovation, working hours and office environment. Beating the like of HSBC and Morgan Stanley, it shows that even in the financial space, a companys culture and employer brand is just as important as bonuses and salaries! This focus on culture is exemplified in the scoring of other tech giants such as Apple, Amazon, Facebook, and Microsoft, whom all placed in top the 30 of the rankings respectively. The importance of a dynamic environment and the ability to create your own path as individual reigned supreme throughout them all. Working in finance is not all about your finances Sure three of the top five companies were rated highest by competitive salary, but what we are starting to see is the true benefit of having a strong employer brand. The report shows the rise in popularity of elements such as environment, culture and more creeping into the mix of employer attractiveness. More and more finance professionals are eying moves to tech sectors. Speaking to John Benson, Founder of eFinancialCareers, he said: This report shows that the sector needs to change their approach when promoting their employer brand and culture whilst advertising open positions. In order to attract and retain the best talent, the game plan canât just be around money. There needs to be an added focus on organizational culture and the work itself. The tech industry has been ahead on this for a while now and seeing the likes of Google and Amazon challenging the financial giants to attract smart financial professionals shows that financial institutions need to adapt to attract or retain the best talent. Lets not get it twisted. Money is and will always be an important factor when it comes to choosing your career path. But it doesnt always have the only deciding factor What we are seeing is that people, no matter what sector they are in, want to come into a place of work that cultivates a culture they are proud to be a part of and a place where they can build their careers and work on challenging projects. On top of being paid a salary that is fair and motivates them to come to work ready to be as productive as they can be.
Friday, May 15, 2020
Choosing The Perfect CV Builder For Your Career
Choosing The Perfect CV Builder For Your Career If you want to create a professional CV but donât feel confident in going it alone, a CV builder could be the ideal solution for you. An online CV building tool will allow you to enter your skills and experience within a rigid structure that reduces the chances of mistakes being made.Photo Credit- cvease.comHowever, there are lots of CV builders on the market, so you need to ensure that you choose one that meets your needs. If you want a CV that will win interviews in your industry, then you need to consider the following factors.1. User friendlinessThe tool you choose should work efficiently, be easy to navigate and allow you to complete your CV in a short amount of time. Using a CV builder that you donât find instinctive to use will result in wasted time and potentially a CV that youâre not happy with.evalSpend some time playing around with the user interface of a builder before you commit to using it â" avoid the situation of getting half way through your CV and then decidi ng you canât finish it.2. Template styleThe structure and format of your finished CV are essential factors in attracting and impressing employers, so you need to scrutinise the template carefully. A good template should be simple and logically laid out with clearly divided sections.Avoid picking a template with too many quirky features like photos and loud colour schemes â" these can overcrowd the design and distract recruiters from the content. The builder you select should allow you to preview you finished CV as you build it and give you some sort of control over design features like fonts, colours and borders.3. PriceMany CV builders are free but some can cost you several dollars per month. It may be tempting to opt for a free one but often the paid builders provide extra features such as premium CV templates and personal websites. Weigh up the pros and cons of each builder and decide if you need to invest any cash into the creation of your CV.4. CV download formatsThe final f ormat of the document you download your CV can have big effects on your job search, so make sure you understand your options. An editable format like Word will allow you to make changes to your CV after it has been downloaded and allow recruiters to do the same.If a builder only allows you to download an non-editable format such as PDF, then you will be restricted from making any edits outside of the tool itself.Once youâve selected a CV builder, itâs still your responsibility to fill it with compelling well-written content. Research the requirements of your target employers and ensure that you are including the most sought after skills and knowledge throughout your CV.evalOnce youâve created your CV, you should check it for any grammar or spelling mistakes prior to using it in the job market, or even get a friend to proofread it for you.
Monday, May 11, 2020
Why a Side Hustle
Why a Side Hustle [Article republished from âMondays with Mike â" 3/5/18â email newsletter == Subscribe to get weekly newsletter in your inbox plus FREE REPORT] As youre driving home from another day in the salt mines (no, it probably isnt that badbut at times it seems that way), you think about getting out. No matter what industry youre in or job you have within it, at some time youve probably thought, I gotta get out of here. When it gets bad enough, or when reality slaps you upside the head, that is when I find people reassess things. And this is when the side hustle starts to come into the picture as a thought, as a possible path to freedom. And whether that freedom is extra cash to make life easier, or being able to chuck the day job and work for yourself, it is the entry point that gives hope and breathes life into that new future. So today I wanted to share a little about the whys of taking on a side hustle, so you can know if it is right for you. So what are some of the reasons? Pay off Debts This is a biggie. The Dave Ramsey Show on the radio is caller after caller sharing their struggle of getting out of debt. Sometimes it is the credit card balance that got out of hand from extended unemployment, or an illness that racked up hospital bills, or just bad spending habits. Or it is student loan debt. You know, that $80,000 of student loans you racked up while you were trying to find yourself or pursue your degree. Where the government gave you the ability to spend whatever you want and go wherever you qualified for and pursue whatever degree interested youregardless of the financial viability of that career. And now you find yourself doing something entirely different than your degree (if you even ended up getting the degree at all) and still saddled with the debt. Or it is the car loan. And every month they ask for their piece of the pie before you get yours. Yeah, you have the nice shiny new vehicle for the first year. Then you find a few years down the road it is worth half as much and you have no money for the next one. So the cycle continues. Or it is the nice house. Its the American Dream of home ownership, right? But what happens when that house also comes with a steep price tag that takes a third or half your paycheck? Then youre a slave to your house. So lets say youve got this debt on your back. It creates real stress. You may not realize it but it is there. And if you have a job loss or other financial crisis hit, you could find yourself one paycheck away from having the whole house of cards collapse. This is where a side hustle that generates $1,000 to $2,000 a month could be what helps you banish that debt for good and regain your freedom. You could wipe out the credit card debt in six months to a year working Dave Ramseys Baby Steps. For student loan debt it could take a couple years and might require lifestyle changes as well. But the side hustle will generate the momentum and the excitement as you see yourself cutting those balances and creating a Debt Snowball. Home Purchase So maybe youve got your debt handled now but you need cash or extra income to help you buy your first or next home. Ive been there where the home you want to buy is just out of reach for your income or the amount of down payment youve saved up. And you feel that if you keep saving and waiting, home prices (with or without inflation) will keep your dream home just out of reach. So how do you close that gap? Well getting side income, whether working a second job, or freelance work, or a side hustle (where you have a mini-side business that costs almost nothing to start), separately, or along with significant cuts in your monthly spending, will start you down the road to getting that home. When you add income without adding significant expenses, you radically change your money situation. And you find those things you thought were out of reach (including home ownership or living in your dream home) quickly become possible. Vacation Fund Maybe collecting expensive toys or living in the nice house isnt your thing. But traveling to exotic destination or just getting away from the day to day dreariness of work life is something that makes life worth living. But you spend your entire paycheck each month from your day job. You just dont have any wiggle room to pay for that vacation. So what do you do? Some people take on a second job in the evening, especially over the holidays when the retail industry is hiring temporary help that time of year. But why not do it all year long and build the cash for amazing vacation experiences youll cherish for a lifetime? Whether that is swimming with the dolphins, or seeing the Great Wall of China, or going on a safari in Africa, or seeing the great architecture of the great cities in Europe. The world is out there for you to explore. And building several thousand dollars a month in a side hustle or part time job can often create the opportunity for you to take that awesome vacation every six months. Or you could save up for an over-the-top, once-in-a-lifetime vacation experience by saving up for a year or two. Or if you like to do freelance work, you could even work that into work and travel for several years by building up a side hustle freelance business. Building Your Retirement Nest Egg As you enter your 40s it begins, in your 50s it is starting to become real, in your 60s it has arrived. That retirement thing is looming. And if youre like most people you havent saved enough and are looking at the real prospects of having to work in retirement. And those prospects arent pretty as age discrimination becomes real and health issues could derail your ability to work. According to the research, the average retirement savings for families aged 50 to 55 is $124,831. For families aged 56 to 61, its $163,577. Those figures are far less than the $1 million that many experts recommend as a target for retirement savings. While Social Security can supplement existing retirement savings, the average monthly retirement benefit of $1,329 may not be enough to fill the gap. Heres where the side hustle can help you in a couple ways. First is you create income that builds your nest egg so you can hit your target retirement savings goal so you dont have to have a job in retirement if you dont want to. Secondly you can start a side hustle that you could continue into retirement. That is a great option for something that can create a passive income. Then, coupled with savings and social security (assuming it isnt bankrupt) you could have enough income to muddle through. Or even live well depending on the success of your side hustle. And if you start now. Whether youre in your 40s or 50s, you could have this business rolling right along by the time you hit your 60s and retirement. Create a Cool Lifestyle So maybe you just want to live better. Have the toys the boat, the RV, a plane. Or have the country club membership. Or provide for your kids education whether that is private school, or moving to a better school district for public school, or building their college fund. That is one of the great things about having money. It opens doors and creates opportunities that otherwise would not be available. Or you can have cool experiences. It could be reasonably priced things even like taking the kids indoor skydiving or doing indoor cart racing. Or going skydiving or hang gliding or ziplining. Life is too short to not have fun. So build that Fun Fund and go take life by the horns. Hopefully you got a few ideas from this article. If you did, I hope you were inspired to consider taking on a side hustle. Is now the right time to start? Well if you listen to side hustle podcasts at all the guest they have on often say the one thing theyd tell someone who is considering a side hustle that they wish they were told when they were starting out was this. The best time to start your side hustle was 20 years ago. The second best time is NOW. Things will rarely get better than they are now and by starting youll begin your journey. And your side hustle will likely evolve as your career has evolved. But until you start you wont really find out what your best side hustle will be or where it will lead you. So start today! Thinking a side hustle might be worth checking out? Shoot me an email and we can discuss your situation specifically.
Friday, May 8, 2020
10 Secrets of Successful Job Seekers
10 Secrets of Successful Job Seekers Iâve met a lot of job seekers over the years. The successful ones â" the ones who land jobs faster â" approach their job search similarly. Here are the 10 job search secrets that set the best job seekers apart from average candidates. These secrets made all the difference: Treat their job search as a full-time job You may feel entitled to take some time off if youâve been laid off, but donât delay the inevitable. Once you decide to start searching for a job, maintain momentum until you secure a written job offer. It is easy to become the familyâs errand runner or caretaker, or feel the urge to start a DIY project during working hours. Job seekers who devoted 30+ hours a week, 8amâ"5pm to job search-related activities fell into a productive routine. Even if you are working, setting aside time every week to dedicate to your job search will ensure you stay on track. Arenât afraid to ask for help One of the hardest things for most people to do is ask for help. The reality is, almost everyone you know wants to help you if they can. Donât be afraid or ashamed to ask. The more specific your request, the easier it will be for your friends to help in the right way. At a picnic, one job seeker discovered his neighbor worked for a company he was interested in working for. He asked his neighbor some questions and then asked for a referral to someone in the accounting department. It didnât result in a job offer, but it did get him an interview for an unposted job. If you arenât sure what you want to do next, this is exactly the type of help you can ask for. Carefully select people who know you well, and ask if they can help you brainstorm possible career options. Know their strengths and weaknesses When you can specifically pinpoint what you are good at doing and can communicate that message, it serves you well. Your network can offer more help, and during interviews youâll exude more confidence. Immediately assess your strengths and weaknesses. Be realistic about what you are qualified to do. Now begin to craft your answer to âwhat do you do?â Know what they want to do When asked what you want to do, never say you are keeping your options open or youâll do anything. Zero in on the specific types of roles that interest you and why you think youâd be a good fit. Once you begin communicating this, your contacts will be better able to keep an eye out for similar jobs. And donât worry, well-meaning contacts will still let you know about other jobs that they hear about. Kept in touch with past colleagues and network It might feel awkward or even embarrassing to reach out to people you used to work with, but donât let your emotions limit your actions. I canât tell you the number of times job seekers have told me that they got a lead on a job from someone they used to work with. Identified target companies Companies wonât always share jobs on the major job boards. In order to find some jobs, you will want to identify companies that hire the types of positions you are looking for. Savvy job seekers have actually conducted informational meetings with company insiders and have learned about upcoming jobs not posted anywhere yet. This can only happen if you are strategically networking with people who work for companies you reach out to. Had a backup plan Even the best laid plans can flop. Sometimes the search just takes longer than you can afford (financially or mentally). Employers can rescind offers or personal finances can change. There may come a time when you need to implement âplan B.â Plan B may be a job where you can immediately begin earning money, relocating, or taking a less-than-desirable job for the short term. Having a backup plan offers peace of mind in case the unexpected occurs and lets you focus on your job search without panicking. Embraced social media Everyday I hear stories about how assertive job seekers reach out to people on social media to get on their radar and ultimately land a job. And in survey after survey, employers admit that social media is becoming one of their top resources for sourcing talent. Social media isnât a magic wand or a quick fix, so donât expect miracles. Instead, learn how to use it to interact with people, acquire industry news, and build an online reputation that serves as an employer magnet. This will make it easier for employers to find you and your capabilities. Prepared for interviews Experienced job seekers learned how important it was to thoroughly research the company, employees theyâd be interviewing with, and rehearsed answering interview questions out loud. They have learned through trial and error what it takes to really nail an interview. Sought accountability Successful job seekers either held themselves accountable or identified a friend who could dole out the tough love. Most of the action items required during a job search are unfamiliar or unpleasant to job seekers. It takes discipline to follow through on the undesirable, yet, essential action items required during job search. They persistently follow up after applying for a job, reach out to people theyâve been referred to, and even thank contacts for their introductions. Sending âthank-yous,â learning about job search trends, and systematically looping back with previous contacts are just some of the daily activities job seekers will block off on their calendars. Finding a partner to hold you accountable if you need that push is also an option. Who doesnât need a coach to keep them motivated? BONUS: Had the right mental outlook Job seekers who stayed motivated found outlets to balance out the rejection and uncertainty they faced. Some volunteered at community organizations, others meditated, some even signed up for classes at the YMCA. These activities rounded out the week, and gave them something to think about besides their job search. Your self-esteem and attitude are always visible, so take care of yourself! Iâm compensated by University of Phoenix for this blog and as always, all thoughts and opinions are my own.
Monday, April 27, 2020
Tough (Question) Tuesday What would you most like to pretend to be - When I Grow Up
Tough (Question) Tuesday What would you most like to pretend to be - When I Grow Up Just Imagine can be purchased from thedreamygiraffe. For those who are new in class, I adore me some Kelli Rae Roberts. Her book, her blog, her artwork..shes creative and inspiring and just seems to have her crap together, ya know? Kelli Rae wrote a wonderful post last month that asked, What would you most like to pretend to be? Now its your turn. Think of those key words, those adjectives, that most excite you, that you most strive for. Better yet, act like you dont strive for them. Act like you are them. And then join me in the comments section by sharing those words. You can read all of the Tough (Question) Tuesday installments here.
Friday, April 17, 2020
Ideas, Formulas and Shortcuts for Writing a Professional Summary on Resume Teacher
Ideas, Formulas and Shortcuts for Writing a Professional Summary on Resume Teacher Writing a superb career summary doesn't need to be an intimidating experience. If do not have any experience whatsoever, read the way to make a recent graduate resume. You will also find a good example of a resume written especially for an early childhood education job. For your objective statement to work, it has to demonstrate that as a teacher you've got the skills, knowledge, or experience to fit in the mission, vision, or aims of the school. The Debate Over Writing a Professional Summary on Resume Teacher Needless to say, you're likely to include things like the fundamental certifications which every teacher must get, but you might have advanced certificates too. This information will be able to help you design a resume that may find any hiring managers attention. Concentrate on critical abilities and make sure your resume revolves around the content area and a particular grade level. I f so, your resume can nevertheless be quantified, and provide the hiring manager a concrete idea of the reach of your abilities and abilities. Writing a resume summary statement might be new to you if it's been a while as you have updated your resume. A resume summary is occasionally called an executive summary, particularly for upper-level positions. 1 A resume summary is a brief, snappy introduction paragraph that gives you a summary of your very best work. You could also see curriculum vitae summary examples Find the most essential keyword indicated in the work listing. Key Pieces of Writing a Professional Summary on Resume Teacher The end result is a much more impactful teacher resume. The range of skills that could be helpful for a teacher is vast. Ensure your resume is very clear and informative and targeted to the particular teacher job prospect. The Supreme Approach to Writing a Professional Summary on Resume Teacher To do this, you can incorporate an expert pro file or qualifications summary at the start of your resume that enables you to advertise yourself through a narrative. The summary section has to be formatted correctly at the peak of the resume, just below your name and contact info. It is one of the most important components of your resume because it acts as a kind of quick elevator pitch wherein you get to sell your best assets. You might also like resume summary examples In order to present all of your relevant information that is just decent for the six second standard, place your professional summary at the start of your resume.
Sunday, April 12, 2020
Annette Richmond
Annette Richmond Annette Richmond | Certified Advanced Resume Writer Annette Richmond, MA, CARW (Certified Advanced Resume Writer), has the skills of a resume writer, the perspective of a former recruiter, and the knowledge of a professional who has spent over a decade in the career field. Since launching career-intelligence.com in 2000, Annette has been empowering people to make smoother job transitions and smarter career choices. She has helped job seekers who want to take their career to the next level whether that means enhancing their social media presence, working with them on self-assessment, or preparing them for a game-changing job interview. Her recruiting experience gives her an edge when it comes to crafting a resume that gets results. Over the years, Annette has written articles for career-intelligence and other sites including TalentCulture, 85Broads, LinkedIn and Forbes Woman. Her career-management advice has been featured in many media outlets including Business Insider, Vault.com, Monster.com and The Wall Street Journal. Annette regularly contributes to a number of weekly career-related chats on Twitter. Annette holds a Bachelor of Arts from Sacred Heart University and a Master of Arts in Applied Psychology from Fairfield University. Her professional affiliations include: The National Resume Writerâs Association, Career Directors International and The Professional Association of Resume Writers. READ POSTS ? Twitter: @careerintell LinkedIn: /in/annetterichmond/ Personal Website/Blog: careerintelligenceresumewriting.com More Experts Have you joined our career growth club?Join Us Today!
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