CFA Exam Requirements - How to Become a Chartered Financial Analyst

CFA Exam Requirements - How to Become a Chartered Financial AnalystCFA Exam Requirements - How to Become a Chartered Financial AnalystCFA, which stands for Chartered Financial Analyst, is a credential granted by the CFA Institute. In addition to having a bachelors degree and four years of professional experience in a full-time job that involves making decisions about investments, one must pass a series of three exams. This voluntary certification, and studying the studienplan that leads to it, provides Wall Street professionals like financial analysts, with a solid foundation that allows them to excel at their jobs and demonstrate to employers that they have the knowledge base that makes them valuable employees. The exams- CFA Levels I, II, and III- are sequential. The candidate must pass one exam before sitting for the next. The CFA Institute offers all the tests annually in June. The CFA Level I Exam is also given each year in December. Each test is six hours long. They collectivel y assess candidates knowledge of ethics and professional standards, investment tools, asset classes, and portfolio management and wealthplanning. The first two exams consist of multiple choice questions and the final one of both essay and multiple choice questions. Each exam level is more complex than the one before it. How to Become a Chartered Financial Analyst The first step to becoming a Chartered Financial Analyst is enrolling in the CFA Program. There is an enrollment fee ($450 US in 2018). Although United States citizenship isnt required, you must be able to study the curriculum and take the exams in English. You must have an international travel passport. Test centers are located all over the world except in Cuba, North Korea, or the Crimea region of Ukraine. You may not sit for the CFA exams if you live in any of those countries. When enrolling in the CFA Program, you will have to complete a Professional Conduct Statement form on which you affirm you are in compliance with the CFAs Code of Ethics and Standards of Professional Conduct. It includes disclosing any investigations, litigation, complaints, or disciplinary proceedings related to professional conduct. After enrolling you must, over the course of at least four years, take all three exams. After passing all of them, in order, and fulfilling the professional experience requirement- four years of investment-related full-time work experience- the CFA Institute will grant you the Chartered Financial Analyst designation. About the CFA Exams and Requirements Each of the CFA Exams is based on a curriculum laid out by the CFA Institute. Expect to spend at least 300 hours preparing for each test. Level I Exam To register for the first of the three CFA exams, you will need to either have completed a bachelors degree or be in your final year of college, have four years of professional full-time work experience, or have a combination of college and professional experience totaling at least four ye ars. The Level I exam is made up of 240 multiple choice questions that are distributed equally over two sessions. Each session is three hours long. Level II Exam To sit for the Level II Exam, you must have passed the Level I Exam and completed your Bachelors Degree. The structure of this exam is different than it is for than the first one. While the questions are also multiple choice, you will be presented with 20 vignettes, each followed by six questions relating to it. Like the first exam, it is split into two equal sessions- one in the morning and the other in the afternoon. Level III Exam The last exam in the series is made up of eight to 12 essay questions during the morning session and 10 vignettes followed by six questions each during the afternoon session. Before sitting for this test, you must pass the Level II exam. What to Do Before, During, and After Your CFA Exam When you enroll in the CFA Program, it is an approximately a four-year commitment that is also quite cos tly. In addition to the $450 enrollment fee, there is a $950 registration fee for the Level I exam (2018). With this kind of an investment in both time and money, make sure everything goes well. Here is how to increase your chance of getting a good grade and avoid any problems on the day of your exam Register for the test and choose a test location which will be a major metropolitan city or area around the world.Prepare for the exam using the ebook, practice tests, and mock exams you received when registering. The CFA Institute also provides a list of approved test prep providers.About four weeks before your exam you will receive your exam flugticket indicating the specific test center.On the day of your exam, do not bring mobile phones and other electronic devices into the exam room store them in your car or the area in the test center set aside for personal belongings. You are also prohibited from bringing refreshments, backpacks and handbags, study materials, and weapons into the exam room.Bring your valid international travel passport and leave it on your desk along with your admission ticket, and approved calculator and writing instruments.Eyeglasses (out of cases), manual pencil sharpeners, ear plugs, erasers, and wristwatches (not smart watches) may be kept on your desk as well.Store tissues, medicine, cough drops, gum, hard candy, eyeglass cases, and wallets in your pocket or under the desk. Arrive at least one hour before the exam to check in. Doors close before each timed session.After the doors close, you wont be allowed to enter the exam room until the proctor has finished reading the test instructions. Arriving more than 30 minutes after the beginning of the exam or leaving prior to dismissal will result in your not being able to take or complete the test and the forfeiture of your fee.Expect to receive your results within 60 days of taking the Level I and II exams, and within 90 days of taking the Level III exam. Source The CFA Institute

5 Résumé Tricks That Can Backfire

5 Rsum Tricks That Can Backfire5 Rsum Tricks That Can BackfireWhen youreputting together a rsum, you might find yourself looking for ways todisguise a spotty job history, get around rsum-screening software or evenavoid showing your age. And if you go looking for help, you might be encouraged to employ some rsum tricks to bypass these challenges. The problem? Hiring managerscan see right through the most common rsum tricks, and using them willusually backfire on you.Here are five rsum tricks that you should pass up.1. Using a functional rsum instead of a chronological rsum to hideweaknesses in your work history. If youre trying to hide gaps between jobs, disguise severalshort-term stays or downplay the fact that youve been out of the workforce fora while, you might have been advised that you should use a functional rsum instead of a chronological one. Rather than a traditional rsum, which would be in reverse-chronological order, functional rsums simply list skills andabilities without tying them to specific jobs and dates.The problem with this format? Employers know that theyregenerally used to disguise limited or outdated work experience or job hopping,and so theyre generally taken as a red flag that the candidate is trying tocover something up. Moreover, employers hate this format since it makes it hardto understand what the candidates career progression has been, and how recent(or old) those listed accomplishments are. If your skills are strong, anemployer might contact you anyway and ask you to clarify the chronology of yourwork history but when they have plenty of other good candidates to choosefrom, it will make them more likely to simply pass you up.2. Shortening your rsum by shrinking the margins and font instead of cutting content. Sometimes a candidate who hasheard that his or her rsum shouldnt be more than one or two pages tries to hit that limitby using a tiny font and narrowing page margins to cram more text in. But itspretty obvious to people who read a lot of rsums when youve done this, andyoull come across as someone who cant or wont edit and who doesnt knowwhats most important. Worse, youll dilute your rsums impact,because small, crowded text with no white space is hard to read and even harderto scan, which means hiring managers eyes are likely to glaze over when theyturn to your rsum the exact opposite of the reaction you want.3. Leaving dates off your rsum to avoid age discrimination. Older candidates are sometimes advised toleave dates of employment off their rsums altogether, so that employersdont draw conclusions about their age and assume that theyre too old, tooexpensive or too set in their ways. The problem with this advice is that datesof employment are such a standard part of a rsum that leaving them off looksbizarre like leaving the house without your pants. Moreover, its not justconvention dates of employment are relevant. Employers want to know if your experiencemanaging the team that achieved such great re sults was recent or if it was 20years ago, as well as whether you did it for six months or three years.However, ifyoure concerned about age discrimination, one thing you can do is remove fromyour rsum jobs that are older than 15 to 20 years. Theyre unlikely tostrengthen your candidacy at this point anyway, and your more recentaccomplishments are probably more impressive.4. Littering your rsum with keywords to get by rsum-screeningsoftware. Many jobseekers have become convinced that the only way theirrsums will be seen byhuman eyes is to figureout some magical combination of keywords to make itpast rsum-screening software. In reality, many companies (especiallysmaller ones) dont use rsum-screening software, and those that do dont screen usingobscure keywords. Any halfway competent rsum screener is going to runexpansive and varied enough searches that your rsum should get seenif youre a qualified candidate. You dont need to stumble on some esotericcombination of words to get spotted.P lus,tailoring your rsum to what you think a computer program wants to see is a good wayto make it unappealing to human eyes and its a human who will ultimatelydecide whether to call you in for an interview.5. Using a fancy or unusual rsum design to stand out and catch the hiring managers eye. When you know youre competingagainst a sea of similarly qualified candidates, it can be tempting to think youneed to find creative ways to stand out, like using an unusual rsum design with graphics and colors. But often a fancy designbackfires by making it harder for employers to quickly find the informationtheyre looking for on your rsum. In fact, fancy rsum designs tend to minimize the amount of information you caninclude, sacrificing content for flash. Thats at odds with what hiringmanagers want from your rsum, which is quite simple a clean, uncluttered document thats easyto quickly scan and which puts information in the places they expect to findit. Designs that emphasize appearance over t hose characteristics will make yourjob search harder, not easier.

Waste Used Cooking Oil Energy Source

Waste Used Cooking Oil Energy Source Waste Used Cooking Oil Energy Source At one time, Richard Varano, the proprietor of Billys Chowder House in Wells, ME, contracted with a local welcheste disposal firm to haul away his used cooking oil, paying $65 a month for the service.These days, Varano puts the oil into a device called the Vegawatt, which burns the waste product and sends the heat back into the restaurant to produce hot water for use in the dishwashers and other kitchen facilities. Im saving the $65 in waste removal fees, and on top of that about $500 each month in energy costs, says Varano.And he is helping the environment. Thats because vegetable oil, a completely renewable biofuel, burns more cleanly than fossil fuel whileproducing no adverse impact on global warming and supporting worldwide initiatives to reduce carbon-based energy generation.Beginnings in TransportationThe use of vegetable oil as a fuel dates back to 1898, when the German inventor Rudolph Diesel developed a new type of internal combustion engine that used oil derived from peanuts. Vegetable oil would continue to be used in diesel engines in the early years following the turn of the century.Image courtesy of Vegawatt.A hundred years later, vegetable oil is attracting a renewed interest, with the focus shifting from transportation to stationary power generation. According to the University of Minnesota, theU.S. produces roughly 2.7 billion pounds of yellow and brown grease a year, the byproducts of restaurant kitchens and various industrial processes. For proponents of alternative energy, this grease is a precious commodity, an available fuel source that can run a diesel engine to produce heat and electrical generation.Developmental programs have been underway to optimize processed waste vegetable oil and test its efficiency and practicality in power generation. The Biofuels Power Corp. in Spring, TX, recently announced plans to come online with a 9-megawatt generator that runs on refi ned waste vegetable oils. The plan is for the generator to be connected to a gas turbine to provide grid power to homes and business in the Houston area.But it is elend large-scale municipal power generation that is creating a market for biodiesel. Plant-derived fuel sources, energy experts believe, can contribute only about 1-2% of the energy needs in the United States.Market NicheWhere vegetable oil is finding a market is in distributed generation applications, in which a power system is configured to provide supplemental heat or electricity to a single home or business. Restaurants, with their continuous supply of waste oil from food preparation, are an ideal market, according to James Peret, founder and chief executive officer of Owl Power Company, maker of the Vegawatt systems.Rudolph Diesel.Richard Varano purchased a 12-kW Vegawatt from Owl. Each year, the chowder house produces about 5,000 gallons of used vegetable oil from its kitchen deep fryers. Once the cooking life of th e oil is depleted, Varanos staff deposits the waste product into storage tanks, from where it is pumped into the Vegawatt. There, a diesel engine consumes the vegetable oil to produce hot water and electricity.Varano estimates that the system provides about 25% of the restaurants electricity and 80% of the hot water.Owl, located in Boylston, MA, has sold 21 systems since the company started in 2007. Larry Fogarty, the owner of Fogartys bakery and restaurant in South Berwick, ME, purchased a 5-kW system from Owl in July 2011 to provide electricity and hot water. A friend and engineer from the local area, who used vegetable oil in automobile engines, encouraged me to consider the generator, says Fogarty. The system has performed well and Im thinking about expanding its capabilities.At $32,000, the unit was a significant business expense however, Fogarty received a grant from the state of Maine. Peret estimates that a restaurant with an installed Vegawatt can realize a 25-50% reduction in energy costs each year, which can justify the up-front cost of the system and help a client recoup the investment.The increasing interest in using vegetable oil as fuel, coupled with worldwide initiatives to reduce carbon dioxide emissions, have spawned a global industry. Large and small companies from the U.S. to Spain and from Germany to China design and manufacture vegetable oil generators and peripheral equipment like diesel conversion kits and oil filtration systems. Organic Mechanic distributes an oil press along with a line of generators.Farmers can press oil from avocado, soybean, sunflower, or other types of plants and use it to fuel tractors and other farm equipment, says Christopher Kindig, founder of the six-year old Organic Mechanic.Paper at 2011 ASME CongressThe primary obstacle to a more widespread use of vegetable oil is availability. Three researchers at the University of Roma in Italy have carried out a comprehensive analysis of power generation using palm oil in a marine diesel, assessing a range of economic and technology factors. Their system performed acceptably in the areas of emissions and heat value. The problem was the lack of biofuel availability, which forced the researchers to import other types of fuel to operate the system, driving up costs.Our results show how the fuel cost can decisively affect the feasibility of the power plant, explained Roberto Capata, a member of the research team, who lectured at the 2011 ASME International Mechanical Engineering Congress and Exposition in Denver, CO. This highlights the special attention to be paid in searching for suppliers that are able to ensure affordable and stable oil purchase conditions over a long period.In the meantime, vegetable oil enjoys success in the retail power market, where restaurant owners, farmers, and other users are contributing to a clean environmentand saving money in the process.Im saving the $65 in waste removal fees, and on top of that about $500 each month in energy costs.Richard Varano, Billys Chowder House, Wells, ME

How Long HR Must Keep Employee Files

How Long HR Must Keep Employee FilesHow Long HR Must Keep Employee FilesOne of the big things about Human Resources is that we have tons of paperwork. Tons and tons and tons. Granted, a lot of it is electronic these days, but the principle remains. HR does record keeping. And, we need to keep those records, but for how long? Here are basic guidelines for HR record keeping. Remember, though, that state laws may vary from these guidelines. If state laws and Federal laws conflict, always keep the records based on whichever requirement is longer. It is better to keep something for too long than not long enough. Hiring Records You need to save all of those resumes, bewerbungsinterview notes, applications, and job postings, and even a record of your searches through your applicant tracking system for one year after the decision to make a job offer welches made. So, if you interview an applicant, and the whole process drags on for three months, its not until thefinal hiring decision is madethat the clock starts ticking. Why do you have to do this? If anyone ever questions your hiring decision, you will need to show that you werenot discriminating illegally in any way, shape, or form. Laws such as theAmericans with Disabilities Act,Title VII, and many othersrequire you to demonstrate youre in compliance. Maintaining these records helps you do this. Drug Test Records Ifyou require drug testing for pre-employment, its part of the hiring record, and you should keep a copy of the results for one year. If you do additional drug testing, whether due to an incident at work or as part of a random check, you also need to maintain these records for one year. However, if you are subject to Department of Transportation regulations, then the minimum time frame for drug test records is five years. Payroll/Timecards, Etc. The law requires you to maintain these records for three years, but recent lawsuits mean it would be smarter for you to keep them for longer. You want t o maintain a record of how much each employee was paid, and how many hours they worked for their entire tenure at your company. Keep your records for at least five years after the employee leaves, regardless of reason. For exempt employees, of course, you dont need to maintain time records, as their pay is the same regardless of the number of hours worked. However, if you ever misclassified an employee as exempt when she should have been non-exempt, these hours worked records can guide you for paying owed overtime. Make sure that you include how the companycalculatedpay. For instance, you need to track whether it was straight salary, salary plus commission, overtime, piecework, or straight hourly pay. You need to do this not only for pay and tax questions but many other decisions rely on the number of hours worked. For instance, eligibility for FMLA is dependent on the number of hours worked in a year. If you have a part-time exempt employee, you might want to consider requiring tim e recording to determine FMLA eligibility. You also need to be able to prove that you paid your workers for all of the hours they worked. Form I-9 Maintain the employee I-9 Form, stored separately from your personnel records, for three years after you hire the employee and for one year following employment termination, whichever is later. Health/Pension Benefits Information You need to keep the records of your plans for all of your benefits for a minimum of six years. The courts have held that if an employee sues you, saying that he or she deserves a higher pension, for instance, its the employers responsibility to prove that they dont owe more, not the employees responsibility to prove that they do. Keep all of those Summary Plan Descriptions. If you have former employees who are eligible for COBRA, extending their health benefits, you should also keep those records for six years just to be safe. The law doesnt specify retention, but since this could apply under the Employe e Retirement Income Security Act (ERISA), this law requires retention for six years. To be on the safe side, dont throw those records out. FMLA Records When an employee requests FMLA, you need to keep that paper trail, even if you deny the leave for three years. Make sure that you keep track of each employees leave - when it began and how much time is used. If the employee has intermittent FMLA, make sure you track every leave and document the number of hours used. Dates and the number of hours should be documented. Remember, intermittent leave can be used for a few hours in a day, or a few days in a week. Document it all and keep those records. Remember, this is not a comprehensive list and applies only to Federal statutes. You may be subject to additional record retention laws if, for instance, you are a Federal contractor or your state has different standards. When in doubt, dont throw it out. You can access additional resources about record keeping and mandatory reporting at the Society of Human Resource Management (SHRM). Disclaimer Please note that the information provided, while authoritative, is not guaranteed for accuracy and legality. The site is read by a worldwide audience, and employment laws and regulations vary from state to state and country to country. Please seek legal assistance, or assistance from State, Federal, or International governmental resources, to make certain your legal interpretation and decisions are correct for your location. This information is for guidance, ideas, and assistance.

9 jobs you can do entirely on your phone

9 jobs you can do entirely on your phone9 jobs you can do entirely on your phoneSmartphones have redefined what it means to work from home.As working remotely becomes more and more common, technology is allowing workers to break away from the traditionalwork-from-home setup- a home office with a computer on the desk and a phone and notepad close at hand.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreMany jobs these days dont require a dedicated workspace or even a computer. In fact, its entirely possible to make money with your internetfhiges mobiltelefon as your only resource.And when paired with a reliable vehicle, a willingness to log miles on foot, or an appreciable technical or linguistic skill, a smartphone job can present full-time employment.Here are 9 jobs you can do using your smartphone and little (or nothing) else.Tech supportIf you have expertise with various types of software or hardware, you can get a job as a technical support expert with just a phone (though a computer might help). Glassdoor estimates the average base pay forremote tech support workers at about $35,800, a living wage if you live in many smaller US cities or towns or in a rural location.Language tutorThere are several programs that you can use to connect to people trying to learn a foreign language, and in most cases, the only skill you need is a solid command of your own native tongue. A native English speaker with a smartphone can use a program likeNiceTalk to make about $10 an hour. Not a killing, but easy enough work that you can do from the sofa or bed.App testerYoure already sitting there using your phone all day, right? So why not use it to test new apps and consult with their developers, helping streamline the software and earning some cash? You canuse a platform like AppNanato become a smartphone app tester and earn schadstoff cards, free software, and more.Rideshare driverIf yo u have a reliable car and a reliable phone, you can make a living wage driving for Uber or Lyft.Annual income for a rideshare driver is far less than the $90,000 Uberonce claimedits median driver made - a yearlytake-home of just over $36,500is closer to the real average for such work. All you need is a car, a phone, and a relatively clean driving record.Task takerWith apps likeTaskRabbitorGigwalk, you can use your smartphone to find mini jobs in your area that pay as little as five bucks all the way up to $100 and beyond, and that can almost always be completed in just a few hours at most. From picking up groceries to building Ikea furniture to moving couches, enough little gigs strung together can approximate a full-time job.Social media influencerYou dont have to be a famous actor or a reality TV star or willing to take hundreds of semi-scandalous selfies in order to convince companies to pay for your services as an influencer.In fact,increasingly brands are turning away from meg a influencers with tens or hundreds of thousands of followers and reaching out to micro-influencers and nano-influencers who may have only a hundred or so followers, but who garner the complete trust of their social (media) circle.Adult phone operatorYes, strange as it might sound in the internet days, there are still lots of people dialing sex phone operators looking to get their kicks via live conversation. And if you can get over the cringe-worthiness of most of the calls youll field,you can make about $35 an hourwith experience and practice. Just keep in mind the hours mostly come later at night and probably wont be consistent.Market researchIf you dont find the prospect of cold-calling too odious, you can make at least your states nadir wageby conducting market research callsfor all sorts of different industries. From conducting surveys on everything from products to politics, you can make a bit of cash, hundreds of abrupt hang-ups notwithstanding.Survey takerTaking online surv eys isnt going to get you into the next tax bracket, but its easy work you can do in your off time from your regular job (or family duties) and all you need is a smartphone to do it. Sites likeInboxDollarsoffer paid survey opportunities as well as little payments for things like watching videos or playing games.This article first appeared on Business Insider.

Getting the Best Should You Put High School on Resume

Getting the Best Should You Put High School on Resume The Benefits of Should You Put High School on Resume In reality, some info might actually damage your chances, not help them. You must always make certain your resume is no more than 1 page and feature a wide variety of information. If youre asking for a work abroad, be sure you research whether this info is probably going to be important. For more details, visit www.CampusSteps.com. Now, keeping your resume easy and clean is a fantastic rule of thumb. Below are some things to keep in mind while writing this resume section. The absolute fruchtwein important point to take away from this is that selecting and understanding the proper skills for the position is the most crucial thing. As a very good guideline, should you need to submit a resume to receive your next job, you arent visionary. Should You Put High School on Resume - the Story After you master the distinctive sort of resume, you are going to have a better oppo rtunity of getting an admissions offer from the college or university of your pick. Next, you will find out how to earn a college resume prepared for the big leagues Other colleges request a secondary school resume because they would like to encourage a thriving student body with an assortment of interests, skills and hobbies. In case the college or university stipulates no guidance or assistance, below are some general ideas about what to include and what not to include. If you have several degrees apart from a bachelors list only the ones that are related to the position or industry youre targeting. Most career experts concur that it is fine to leave off education it youre overqualified but you shouldnt ever lie on a work application. Landing one of these jobs will be a lot easier in the event you have some machining encounter, or in the event you have discovered a diploma from a technical school. Top Choices of Should You Put High School on Resume What all you will need is getting the assistance from a specialist and EssaysChief is going to be the expert that you binnenseek out. Sporting the proper shoes at work is likewise a matter of security. Before you submit your resume to submit an application for work, take the opportunity to assess and refresh your resume so that its going to provide you with the ideal opportunity to have the interview. Describe the experience which you do have in a manner that shows youre the very best person for the job. The Unexpected Truth About Should You Put High School on Resume These articles will provide you with ideas about how to enhance your marketability so you can drop off old or irrelevant experiences from your resume. There are a lot of resume strategies to master which will help you land the job that you desire. There are styles of preparing your skills section that may still show you in the very best light. Wed be quite grateful if youll refer to this design to your buddies, your relatives to see our w ebsite. When you describe each one of these experiences, attempt to incorporate the time commitment, skills used and built in this experience, and any quantifiable effects or summaries. Some programs will limit you to a single page even though others would like you to comment on specific abilities like leadership and community services. Your resume gives a fast but strong first impression of the abilities and personal qualities you must offer you. Work diligently until the conclusion of every undertaking. The placement of your skills section is also a rather important issue to take into account. In case you have issues, see the troubleshooting guide for internet printables. Your skills section stipulates a window into how much capability you are able to bring to the business. These seven tips will allow you to determine how to finish the Education section of your resume. The Should You Put High School on Resume Chronicles Even in the event youve never needed a resume in e arlier times theres a great likelihood youll need one soon. Its helpful to check at student and part time resume examples to find some ideas about what a superior one contains. However, there are some things you ought to avoid to make certain your resume stands out. It is not fair and it isnt nice, but its the type of insider scoop your nicer friends may not let you in on. Life After Should You Put High School on Resume You might not be in a position to work all the skills youve got into your resume but keep a list of your top five skills linked to the job for which youre applying in mind once you interview. Its always a great idea to include skills about the jobs for which youre applying. As you proceed through the list of skills above, make a distinct list with the skills which you already possess. So far as the students are involved, writing a research paper is among the toughest and frustrating endeavor in their opinion.

Marketing career fact sheet

Marketing career fact sheet Marketing career fact sheetPosted July 16, 2014, by Julia WattersBachelor of Business (Marketing)Study modezugnglichPayment optionsHECS-HELPUpfront paymentCourse guide+ FREE eBrochureEnquire Online Nadim ElRahi - Marketing MangerAlessandra Marques - Marketing Manager, AAPolyInterested in becoming a?AccountantOffice AdministratorManagement ConsultantMarketing ManagerMarketing OfficerPopular Career Searchesgov funded marketing courses melbourneonline marketing online courseonline marketing courses australiasocial science degree career opportunitiesmarketing courses sydney australiaMarketing CoursesBachelor of Applied Business (Marketing)Enquire Online Enquire OnlineBachelor of Digital MediaEnquire Online Enquire OnlineBachelor of CommunicationEnquire Online Enquire OnlineMaster of CommunicationEnquire Online Enquire OnlineJulia WattersRelated ArticlesBrowse moreAdvertisingMarketingMarketing gone wrong epic failsPity the poor marketing hack, trying to tap int o the zeitgeist and produce a marketing campaign that will grab the public imagination and see a product take off.AdvertisingEmbracing technology key to success in advertising worldThe marketing and advertising industries were amongst the hardest hit during the recent economic downturn but opportunities and openings are still to be found.Marketing6 Reasons Why Marketing Could Be Your Dream CareerIf youve got a way with words, images, people and strategy, and are plugged into whats now, you could have what it takes to enjoy a successful and stimulating career in marketing.

What the Term Base Rent Means

What the Term Base Rent MeansWhat the Term Base Rent MeansIf youre renting your home, you probably dont have to worry about cousine rent provisions in your lease. This term relates mainly to businesses, and its most commonly associated with leases for retail stores in malls. Most of these commercial leasesare formulated around some level of base rent. What Does Base Rent Mean? The term base rent refers to the minimum amount of rent thats due under the terms of a lease. This type of lease will also require the tenant to pay additional rent based on one or more factors. This add-on is typically a percentage-of-sales or participation requirement. For example, Karens Kat Corner, a pet shop, might pay a base rent each month of $1,500. Her lease also has a percentage rent requirement that she must pay on top of her base rent. This is usually a small percentage of the sales she makes each month- usually somewhere in the neighborhood of 2 percent- over a certain threshold. Base rent is t ypically calculated according to the amount of square footage youre renting, and in some cases, its negotiable. It can depend on how high-risk your landlord feels your business is. Are your customers likely to cause damage to community use areas? You may have some negotiating tools at your disposal as well. If youre a dentist, how likely is it that your clients will be purchasing sweets at the ice cream stand just outside your door immediately after exiting your office? Additional rent add-ons can include a contribution toward taxes, insurance, and maintenance on the mall property. If this sounds unfair, consider what youre getting in exchange ample parking for your customers, a food court outside your door, and a security guard at the malls entrance. Consider how much these things would cost if you had to foot the bill yourself, Under a base-rent agreement, youre sharing these costs with other tenants who are also renting retail space in the mall. Calculating Your Rent Obligatio n Incorporating base rent into your business budget can be a tricky calculation. It helps to understand that your rent will never be less than the base rent amount, and you must make provisions in your budget for an extra rent percentage.If youre just opening your business, this means forecasting your most likely sales scenario. It can be tempting to estimate low, but be careful so that youre elend hit with a big rent payment if you do much better than anticipated. The Bottom Line Weigh your options carefully before entering into such an agreement. Leasing a stand-alone building with more advantageous rent for your business might give you the security of knowing youre liable for a set amount of rent each month, but youll lose the advantage of mall traffic. Consult with a professional who can accurately weigh the pros and cons of your business type before you decide. If youre selling earrings and baubles that require a lot of foot traffic, mall traffic might be worth it. If your e a dentist, probably not.

This is how working long hours affects your mental health

This is how working long hours affects your mental healthThis is how working long hours affects your mental healthGone are the days of the traditional 9-5.It may notlage exactly come as a surprise that work hours are shifting for some lucky employees, that means four-day work weeks and more flexible schedules. But for another slew of us, the opposite has taken root Were working longer hours, and sometimes on weekends, to get the job done.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreThat change begs the question What does a 24/7 business operation mean for our mental health? Studyfindings recently published in the Journal of Epidemiology and Community Health aim to answer that very question. The results arent exactly positive.Researchers in the United Kingdom used data from Understanding Society, the UK Household Longitudinal Study, to see how professionals reacted to havinglonger work weeks. They found that the problem welches at least partially gendered Women who worked 55 hours or more per week tended to have more depressive symptoms.More stressful for womenThe research reports authors hypothesized that this could be because of a number of reasons Women who are working long hours may feel pressure if their schedule goes against social or professional norms, they may be working in male-dominated fields, or they may feel the potential double-burden experienced by women when their long hours in paid work are added on to their time in domestic labor, they wrote.Men do not experience the same increase in depressive symptoms when they have a longer work week, but they do have more symptoms when they work weekends. The same is true for women who work most or all weekends, but not for those who only have to work some weekends.All in all, it seems its not great for our mental health to work the long hours some of us are taking on in a newly globalized business world. Perhaps its time to slow down a little after all, theres a reason why the five-day, 40-hour work week became the standard.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people

The Hidden Job Market in the Beauty Industry

The Hidden Job Market in the Beauty IndustryThe Hidden Job Market in the Beauty Industry When you walk into your favorite department store - lets say Bloomingdales - did you know that most of the employees on the sales floor arent actually employed by the store? The associates clad in all black attire or white lab coats are often actually freelancers hired directly by beauty brands themselves. Why? Well, in any industry, one of the hardest tasks is hiring the right candidate . Many employers would rather hire from within, or through their personal network, to avoid the onerous task of open application review. In retail, the task of vetting for great employees is very difficult, due to the sheer size of the industry and fluctuating staffing needs. It can be challenging to place the right person in the right store at the right time - but as we move into the gig economy , there lies a great opportunity to take advantage of the growth in freelance talent.With hundre ds of thousands of retail-based positions in the US alone, from beauty advisors and counter managers to brand account executives and education consultants , its no surprise that this market is complicated to navigate. Who are these people and where do we find them? The freelance retail talent market is largely hidden.As with any retail industry, beauty talent serves to provide an in-person experience, with hopes of inspiring the customer to purchase a product and build a relationship with the brand. Beauty, in particular, is all about teaching consumers about what products do, how to use them, and why your brand is the best. Freelance talent serves to educate, as well as play the role of a liaison between the brand and the customer. Some freelancers earn their income through both a traditional job and a side-hustle something generally geared towards a personal passion. Others freelance full-time, putting all of their efforts into becoming a professional in their passions. Most beauty professionals start out because of a passion for the creative . Starting with yourself as your first customer, as your love for beauty grows, you begin to share your passion with others. The key to future success lies in sharing artistry tips and connecting with each other - often selling relationships and experiences more than the products themselves. As your skills and relationships develop, so does your career.Its estimated that 34 percent of the American workforce is freelancing thats over 50 million people. So why are all of these people making the change from traditional employment? Freelancers have more power over their schedules, more control over their career growth, and a greater ability to balance personal interests - like traveling or starting a family. The four most popular reasons people freelance are freedom, flexibility, skill-building , and the pursuit of a passion.Companies hire freelancers for many reasons - for one, the talent helps in providi ng a better experience for customers. In an increasingly online world, its vital for brands to create in-store experiences that draw in consumers to make purchases 92 percent of global consumers trust earned media, like word-of-mouth recommendations, more than traditional advertisements. Through the use of social media, in-store talent can maintain relationships made on the floor, while also building their careers through exposure and bringing in new clients who find them online.And if you needed more reasons to believe in the true potential behind these opportunities, some of the biggest names in beauty started out on the sales floor. Before launching her empire and becoming a household name, Bobbi Brown worked for seven years as a freelance artist - achieving her big break when she styled Naomi Campbells face for her American Vogue cover debut. Brown remains a loyal supporter of freelance talent, citing the flexibility and wide variety of experiences held by freelancers as tw o of the major reasons she considers them exceptional employees.The bottom line? People become freelancers and people hire freelancers for the same reasons. So if youre seeking a job that offers freedom, flexibility, and the gunst der stunde to both learn new skills and exercise your passion, consider this hot field .Glenn Laumeister is an experienced technology leader who is currently the CEO of AllWork , a platform for brands and retailers to find, manage and pay retail talent.