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Looking for Better Job Opportunities: What Should You Consider?

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There are millions of professional individuals around the world that are always actively working hard to provide necessities for their families. A good percentage of the professional market has a stable working job to earn a steady income to provide for their needs and wants.

However, the past year has caused many disruptions to the job market. The recent COVID-19 pandemic has caused a myriad of changes to the way that we live. This has affected how we handle finances, how we socialize with others, and most importantly, how we work every day.

While many businesses can transition to digital platforms, some companies don’t have the luxury of migrating to other platforms. In many cases, these are traditional business models where employees need to be present to perform tasks. Given the nature of the pandemic, working in crowded areas can pose health risks for many employees.

This has led to the plummet of demand for many essential businesses during the beginning of the pandemic. That said, organizations are forced to cut down their workforce to maintain business continuity.

But for many recently furloughed employees, having a stable job is a crucial aspect in paying for necessities. The good news here is that there are many opportunities for many workers, even during tumultuous times.

So what are some ways of earning more for you and your family? What can you do that can help steadily increase your financial power? Here are some important things that you need to consider.

Looking for Work Overseas

First and foremost, one of the most crucial ways of getting a better opportunity for earning is by looking for better opportunities outside your country. Even before the pandemic, many prospective employees are already looking for work in other countries. This is especially true for many workers that are working low-paying jobs in 3rd world countries.

However, working overseas has become tricky for many individuals in the past few years. The COVID-19 crisis has caused many safety concerns. Restrictions have made it harder for many would-be overseas workers to travel to other countries for work. But many aspiring overseas workers also need to take into account precautions when applying for visas or passports.

Fortunately, the recent rollout of COVID-19 vaccines has caused many countries to reopen international flights and travel. Do you want to get your necessary documents and passports for employment or travel? Well, you won’t have to look far since DFA passport delivery services are a great way of procuring your documents without placing yourself in harm’s way.

Remote Work Is Taking Off

Probably one of the most major changes since the pandemic’s beginning comes in the form of remote work. Although some businesses rely on workers coming to the workplace, many industries also won’t necessarily need their workers to come to the workplace. Since last year, many companies have been transitioning to remote work since this can streamline business processes while also keeping everyone safe.

But what makes remote work so popular? Most would say that it can help give people a much-needed work-life balance. Recent statistics have shown that half of the workforce that is currently doing remote work would rather stay in a work-from-home setup than have to travel and operate at work every day.

Setting Up Your Own Business

Last but not least, one of the best ways of increasing your chances of getting opportunities while also earning a large sum of funds is by setting up your own business. What makes many entrepreneurs successful? Setting up your passive income is an excellent way of having more than one stream of income.

But before you set up your own business, you need to do some research on the ebb and flow of the market. The recent public health crisis has made many industries unpredictable than usual. But even though the market might seem tumultuous, you still see some pattern in the chaos.

When you’re looking for better opportunities for your life and career, you need to start thinking outside the box. Although it might seem like the opportunities in your area are limited, there are always ways to find a worthwhile option. It’s essential to keep in mind that the market is constantly changing. What might be in high demand now might not necessarily be in demand a few weeks from now.

It’s also vital to remember that looking for work and finding a lifestyle that suits you takes some time and resources. There might be times when you might not find the desired career or position you’re looking for. But whatever the situation may be, being patient is key to getting to your long-term goals.

Joining the Medical Field: High Demand Healthcare Jobs Hiring Now

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It is no secret that since the pandemic, healthcare occupations have been in demand like never before. COVID-19  coupled with an aging population is causing the healthcare industry to skyrocket. If you are looking for a rewarding career path that is both lucrative and flexible, you may want to consider taking a job in healthcare.

The past two years, and the rapidly spreading COVID-19 pandemic, have caused significant damage to many different occupations and job markets. However, according to the Bureau of Labor Statistics, healthcare industries are projected to grow much faster than the average occupation. Healthcare jobs are expected to rise at least 16% from 2016 to 2026. If you are serious about finding consistent work with high potential for growth consider the following healthcare occupations.

Physician Assistants

Just like doctors, physician assistants are medical professionals that treat and diagnose illnesses in patients. Responsibilities include prescribing medications, managing treatments, and therapies, and acting as a primary healthcare provider. Since COVID-19 caused hospitals to fill up in record-setting numbers, patients have been advised to seek medical treatment outside of hospitals. This has increased the demand for private practices, minute clinics, and physician assistants.

Physical Therapist Assistants

If you are looking for a career path that is constantly growing and always in demand, you may want to consider a job as a physical therapist assistant. As a physical therapist assistant, your primary role is to help improve the physical capabilities of your patients. As one of the most rewarding occupations in healthcare, you will be able to witness your patients grow from the start of an injury or illness to the end of a full recovery. While assisting the physical therapist, you will help your patients perform specific tasks to improve their mobility, strength, and other physical attributes.

Respiratory Therapist

Respiratory therapists are in high demand, especially with the damage COVID-19 can do to the respiratory system. As a respiratory therapist, you would be responsible for working with patients who have difficulty breathing. Some causes of respiratory issues stem from asthma, emphysema, cystic fibrosis, and various sleep disorders. Respiratory therapists also have the freedom to work in many different professional settings. You could find work in emergency rooms at a hospital, private medical offices, asthma clinics, and more.

Medical Secretary

With the growing need for medical practices, medical secretaries are becoming more and more in demand. While not entirely correlated with patient care, medical secretaries are the backbones of the doctor’s office. Tasks include everything from greeting patients to managing records, collecting insurance information, and processing payments. Medical secretaries also schedule patient visits, oversee the medical supply inventory, and arrange hospital visits.

Healthcare Manager

Healthcare managers play an essential role in the day to functions of any healthcare industry. Responsibilities include overseeing various departments such as physical therapy, doctors, offices, hospitals, nursing departments, and more. Healthcare managers, also known as medical managers, coordinate and direct healthcare providers’ everyday business operations and tasks.  You would do everything from hiring new employees to managing billing operations and creating work schedules.

Registered Nurse

While one of the most popular careers in healthcare, nursing is also the most flexible. There are limitless amounts of nursing career paths to take, resulting in high-demand jobs in every department. Registered nurses can find work at hospitals, private clinics, nursing homes, schools, and more.

Responsibilities include observing and analyzing patients, treating patients, recording medical data, operating medical equipment, and communicating with doctors, patients, and families. Nurses can also work anywhere in the country and even travel from state to state working in different hospitals.

Job Security and Higher-Than-Average Pay

As the healthcare industry continues to grow, more and more career paths arise every day. You can now find consistent work in every aspect of healthcare, from technology, administrative work, services, and more. If you’re looking for a new career path, now would be a great time to discover what the healthcare industry can provide for you.

9 Tax-Saving Opportunities For Businesses To Make The Most Of

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Individuals and businesses have to prepare during the annual tax filing period, whether with the help of a tax expert or by themselves. However, many may not be fully aware of how they can avail of tax-reduction solutions such as tax credits and deductions.

Before the year ends, it pays to review your business expenses and financial statement for proper tax planning. Read this article to find out about the tax-reduction opportunities that your business may be missing out on.

a lawyer calculating tax for the year

How Businesses Can Save Tax On Tax Payments

Tax laws in most countries can be complicated. Hence, it’s best to hire tax experts like the ones from HKMP’s business accounting services or similar specialists near you. Generally speaking, there are two ways that your business can save on taxes: through tax deductions and tax credits. These two concepts work differently and impact your tax costs in distinct ways.

Business tax credits reduce the tax you owe by the dollar. For instance, if your business is eligible for USD$1,000 and your final tax liability amount is USD$4,000, your tax burden will only be USD$3,000.

On the other hand, business tax deductions reduce a taxpayer’s taxable income. They’re directly dependent on the tax bracket in which the business belongs. For example, if an entity’s tax burden is at USD$10,000 and the company belongs in the 20% bracket, the deduction is only worth USD$2,000.

Business Tax Credits And Deductions Your Business May Qualify For 

For centuries, tax collection is often used to fuel government expenses that provide better services to taxpayers. However, governments of different levels offer tax credits and deductions to stimulate more economic activities. In the US, businesses can avail of tax savings through the following:

savings on tax at business

1. Tax Deductions on Business Expenses

Most business expenses may qualify you for specific tax deductions. For instance, advertising and promotion costs are 100% deductible. In addition, some food and beverage expenses may lower your tax liabilities under this category by half, except for office event meal expenses, which are wholly deductible.

Other business expenses that may qualify for business tax deductions include:

  • Insurance and permit costs
  • Use of vehicles for business purposes
  • Hiring contractual employees and consultants
  • Depreciation costs for business assets
  • Employee training
  • Education expenses

Home-based business owners may also claim these deductions as long as personal and company expenses are clearly defined and accounted for. 

2. Research and Development Tax Credit

Research and development take a considerable chunk of a business’s capital expenses, including countless staffing hours. To encourage companies to make their products more globally competitive, the government offers tax credits for companies that improve products, processes, and software.

The Internal Revenue Service (IRS) lists all qualified business expenses and requirements in the Internal Revenue Code Section 41. Businesses may have to present financial records and documents to avail of this tax incentive.

3. Work Opportunity Tax Credit (WOTC)

Another federal tax credit program, the Work Opportunity Tax Credit (WOTC) is available to businesses that employ individuals from target groups such as veterans, former felons, and cash-strapped individuals. There’s no limit to the number of employees a company can hire, and any type of job arrangement, whether full-time, part-time, or on-call is eligible.

The business has to apply for and receive certification before being qualified to claim. Both the employee and employer may qualify for business and personal tax credits under WOTC.

4. Fuel Tax Credit

This program allows particular businesses to save on their tax liabilities if they’re engaged in eco-friendly practices in transporting goods and services. Examples include using electric vehicles and alternative fuel for farming, commercial fishing, and other business purposes. Some businesses that may operate pieces of industrial machinery may qualify for this tax-reducing program. The Department of Energy (DoE) spearheads the Fuel Tax Credit program.

5. Investment Tax Credits

Big-ticket investments for new business property such as vehicles, buildings, pieces of industrial equipment, or major office renovations may qualify your business for a tax credit. This government tax benefit allows companies to get a rebate from these high costs.

Tax rebates are also applicable in some solar panel installations for buildings, also called Solar Tax Credit. Investments in economically-challenged communities may also qualify companies to avail of the New Markets Tax Credit. This program allows entities to claim five percent of the total investment amount for the first three years, increasing to six percent from the fourth to seventh year.

6. Health Insurance Tax Credits

There are two ways that businesses can save on a health insurance tax credit. Also known as a premium tax credit, companies may claim discounts every month through reduced insurance premiums or a federal income tax refund. This tax credit is only available if businesses purchase a federal or state-backed insurance plan. By getting a Health Savings Account, a highly deductible health plan, employers and employees can reduce tax costs and medical fees.

7. Childcare Facilities And Services Expenses Tax Credit

Businesses that pay for their staff’s childcare expenses are eligible for this tax-saving program that offers a 25% refund on child care expenses, alongside a 10% reimbursement for childcare resource and referral costs, granting that the state accredits these facilities. Availing of this tax incentive can reduce your business liabilities by up to USD$150,000 annually.

8. Disabled Access Tax Credit

The Americans with Disabilities Act (ADA) requires businesses with at least 15 workers to make their premises more accommodating to differently-abled employees. Doing this will undoubtedly entail costs, but your company can apply for tax relief. This program allows small organizations with total earnings not exceeding USD$1,000,000 to apply for a 50% rebate for their ADA-related expenditures with an annual cap of USD$5,000.

9. Carryforward Tax Deductions

Sometimes, businesses may have deductions, losses, and credits that they can’t fully claim during the current year. This happens when your business tax claim exceeds the amount set by the IRS and the state. In these cases, companies may file these refunds over the next year. Such tax provision is otherwise known as a carryforward.

With the help of your accountant, take note of these tax-deductible claims so you can claim them the following year. You’ll also need a tax expert to qualify which tax credits and deductions are allowed under the carryforward provision in your state.

Final Thoughts

Tax filing can be a highly stressful activity, particularly for small business owners. Without knowing these tax-saving opportunities, a business that qualifies for tax credits and deductions may end up paying more than it’s supposed to. With the help of an accountant or a tax specialist to do the heavy lifting, you’ll be able to breeze through the filing process and enjoy lower tax liabilities.

Career Opportunities with Masters of Business Administration Degree

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Do you wonder how the world around you is evolving? How has humankind managed to transit itself from living in caves to a global village? The traits of adaptability, management, rapid growth, thinking out of the box, business mindset, and administration have the most outstanding shares in this evolution. You may find unmatchable illustrations of these traits around the globe and witness wonders coming into existence due to them.

The fruitful manifestation of these traits began during the 18th century in Britain. Humankind started to move from an agricultural and handicraft-based economy to one dominated by machines. During this transition, capitalism began to bloom its flowers in the form of capitalist firms. The first product of these capitalist firms was a Factory. Since then, human history witnessed industrial revolutions, and the acceptance of these attributes kept on increasing. Finance, communication, risk management, organizational behaviors, and many management subsidiaries persisted in high demand.

In 1908, Harvard university scientifically approached management and began a new educational program named master’s in business administration (MBA). This feat helped in standardizing the training for business administrators and managers of distinct fields. Master’s in business administration is a well-defined training that equips people with operational and economic understandings. Managerial processes, administration, leadership roles, mindset enhancement, and unconventional thinking are the key focuses of this program. Once an individual gets acquainted with all these abilities, he gets to be highly eligible for a starring career.

Opportunities in the Education sector

Business studies have gained ample weightage in the education sector and get promoted worldwide. Therefore, the demand for an MBA program has never been higher. Since the pandemic, numerous incentives are getting provided to professionals for enrolling in MBA. Versions like Online MBA, Executive MBA, and evening programs are abundantly available.

The only challenge you may face is clearing examinations like GMAT, SAT, and GRE, etc. But wait! you can sigh relief because many institutions have waived the requirement of these prior exams. Imagine a candidate’s motivation if he hears an institution saying AACSB online MBA no GMAT accredited programs. What else would be there to stop him from doing an MBA! 

Such strong demand creates a plethora of educational employment choices. For example, you can work as an educational policy manager, a technology manager, a faculty recruiter, a curriculum manager, an educational consultant, or even a mentor in the field of education. It’s always a golden opportunity to serve an educational institution due to its diverse nature. Pursuing a career in the education sector ensures you a comfortable working environment, high salary, and broad spectrum of scope.

Opportunities in the Corporate sector

Have you heard of not laying all your eggs in one basket? MBA is a practical solution for it. It has such a rich diversity in opportunities that you would never get short of career options. MBA holders are often found in leading positions almost everywhere in the Global market. In addition, the diverse nature of an MBA encourages students to have specializations in multiple fields, especially related to finance, accounts and administration.

You can attain skills in numerous sub-categories of business administration. Certifications and training courses are always there to offer their services. This quality of MBA proves it to be one of the most suitable educational choices. You can acquire accounting, finance, marketing, risk management, human resource management, project management, and operations management skills.

There is nothing to worry about if you don’t find the prior mentioned field suitable for you. You can fit yourself in many other options like accounting, corporate strategy, decision sciences, entrepreneurship, information systems, international business, management sciences, organizational behavior, etc.

Be your boss

Are you not comfortable working for stubborn bosses? Opportunities in the education & corporate sector do not satisfy you? Don’t worry because you can always step into the market as an entrepreneur. Many students study MBA for the sake of entrepreneurship. Your MBA degree offers you full support if you want to grow your career as an entrepreneur with or without investment.

Faculty employed for MBA programs are mainly well-experienced as an entrepreneur. They have a lot to offer in the shape of their real-life experiences and the challenges that you may face while starting your own business. Not only faculty, but you can find your colleagues are working in related fields. As your professional network grows, you get more people to take guidance from about the problems.

The graduate management admission council (GMAC) interviewed over 6000 alumni of MBA programs. It concluded that 86% of alumni who were entrepreneurs founded their own companies and the rest of the established business consulting or service industries.

Career security

You can always hope for job security and a positive mar ket response for MBAs. The corporate market is well-driven by people who have backgrounds in Business administration. As an MBA, your demand would not depend on the market sector. Regardless of which sector it belongs to, every industry needs an adequate administrative framework.

A survey by Statista confers that 92% of employers declared that they plan to hire MBA graduates in the year 2020. Even after the Covid-19 pandemic, where the whole world faced the dilemma of unemployment, this demand decreased to 83% only. What else do you need to observe the market demand of MBA graduates?

You will not only enjoy job security in your career but a handsome salary as well. QS jobs and salary report declares the average salary of MBA holders in the United States to be around 102,100 USD per year. Such a secure career and handsome salaries certainly make MBA an excellent opportunity for individuals.

Final thoughts

Master’s in Business administration has shown tremendous growth as an educational course in the past few years. Yet its demand is expected to increase only. However, it does offer you not only a hamper full of opportunities but also polishes your personality. As an MBA student, your growth as an individual is equally prevalent with your growth as a professional.

An MBA degree is not just a piece of paper. Instead, it is an anecdote of a professional experience and networking. The addition of new skills and valuable information offers career leverage in the long term. In addition, these skills and personality enhancement contribute to your success throughout your lifetime.

10 Reasons Why You Fail in Getting a Dream Job

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It’s time to talk about the “F” word. (No, not that “F” word.) Failure. Everyone wants to avoid failure but a few try to figure out why they fail over and over again. No matter who you are, what you do, the laws of failure are rarely prejudiced.

It goes without saying, we all experience setbacks. This truly makes sense in terms of your career. But it shouldn’t come at the expense of sacrificing your dream.

There are many factors which direct your job prospects and one needs to be aware of them. The time when you’re unemployed it’s not only hard on your wallet, but it’s also hard on your self-esteem.

Top 10 reasons why you may not get hired

You’ve spent dozens of weeks in the hope of HR emails and interviews, it’s unsurprising to get discouraged. You may fall into an inertia bubble or start to demonize your circumstances. The sad part is; it’s not the cure. But, the good part is; you can work on these to increase probability.

1. You’re Not Being Proactive 

The sooner you understand that the perfect job doesn’t fall into your lap especially when you’re binge-watching Netflix (not intentionally demonizing). However, successful job seekers take responsibility for their life and proactively pursue jobs and keep on auditing their hunt until they make it.

Whereas other people keep blaming external factors that it wasn’t their fault, that they couldn’t have done anything to help it, you see how it generally rolls. By the way, it’s known as having-an-excuse-for-everything disorder.

What makes the difference? 

Realize that in order to change it, you have to own it first. The belief that you have the power and ability to change your life remarkably surge your odds to achieve your dream job. That being said, Proactivity makes the difference.  Many people wait for something to happen or someone to care for them.

One of the traits of proactive people is that they are ones who are the solutions to problems, not problems themselves. They seize the opportunity to do whatever is required to get the job done. You chose do you want to act or be acted upon. In simple words, what matters most is how we respond to what we experience in life.

2. Talent is Overrated

What it takes to be great? Well, If we look at the top performers from Winston Churchill to Warren Buffett and Oprah Winfrey are not determined by their inborn talents but from hard work and consistency honed over decades.  Most of us tend to think if someone’s good at something it’s because their greatness was given to them. When it is just plain hard work.

Be it career or relationship, if you want to achieve success it’s essential to perform at the edge of your current level of ability. Relatively, a dream job can’t be fabricated out of thin air, hustle and grind are always part of the equation. The unfamiliar experience of success borns out of practice, deliberate practice to be exact. 

That means when you put in work and practice while meticulously assessing your mistakes and wiping them out, you are destined to succeed. 

3. Your Non-Verbal Cues Betrayed You 

Body language speaks a volume about your personality. A famous research mentioned that;  “human communication is only 7 percent verbal and 93 percent non-verbal The non-verbal component was made up of body language (55 percent) and tone of voice (38 percent)”. 

The inability to communicate effectively determines your success rate in a career. 

The average interviewer will talk to a lot of candidates, that’s obvious, right? It gets crucial for you to set yourself apart and stand out from the crowd to win the job. 

Thus, behaviors like fidgeting or verbal tics “Ums” and “Ahs” can be a deal-breaker. Suppose you landed yourself a one-on-one interview. Congratulations! With so many candidates applying to get their name out you have made it by crossing all the obligatory filters. Now, all you have to do is crack the interview. In order to successfully land the job make sure that your non-verbal cues don’t betray you. Ensure a firm handshake, strong eye contact, good posture and leave with a gentle smile. Confidence is the key, my friend, even if you have to fake it.  

4. You Quit too Early

“You are not defeated when you lost You are defeated when you quit”

Paulo Coelho. 

Life can be tough, it can break you down, make you suffer but if you just manage to show up, you made all the difference. By doing so, you already surpassed the people who gave up. Rationally, the odds of your success have dramatically increased.

People who have risen to the top of their fields and are making a large contribution to their organization have worked for many years to climb up to this level. They have put in countless hours to refine their craft, learned more skills and bridged their gaps. Crave for better results, a better career, and a better life; that’s only possible when you don’t fall in the trap of instant gratification.  Remember the consistency advice that’s been hammered in our heads since childhood? It’s actually Real.

5. You are Unprepared

Little things can make a big difference when you only have 30 minutes to leave an impression. Appearance counts, make sure to have the outfit that makes you feel powerful and appropriate for the company you will be applying for.

 Managers pay close attention to details like hairstyle, body odor, and clothes. Lack of Polish conveys the message of your unseriousness. However, buying a new set of clothes is a wise bet. Even if you get rejected, you have a good outfit to put on for future opportunities.

Being prepared not only accounts for appearance but mindset as well. The mindset that “Either I win or lose I will learn something out of this experience” helps you cope with the uncertainty of the situation.

6. Failure Is The Part of Process 

Failure completes the equation. If you fear failure, you fear success.  Success often sits on the other side of the struggle, after every storm, there’s a rainbow. It brings us to the fact that Screwups are inevitable.

As humans, when our hard work doesn’t bring fruits, demotivation gets in our way. For a fact, your struggles are not getting wasted but keep storing up, layering up on the top of each other until it reaches a certain threshold. There’s a specific amount of effort you require to overcome that threshold and unlock the reward.

Follow the simple rule of thumb; that the most anticipated rewards are delayed.  Albeit, failure is far better than the regret of not trying. The ability to play the long-game can make the odds of your success quite evident. 

7. Reverse Engineer Your Failure 

Reverse engineering can be an incredibly useful way to look back on your history of failures and reflect what caused it so.  This way, you can walk into that moment and figure out what precisely happened and squeeze as many learnings out of that experience.

 Putting your rejection into context enables you to systematically plan your future steps by looking through the lens of data. It equips you with the essential idea of Dos and  Don’ts. Experience only turns into insights when we reflect on it. Otherwise, you’ll see tens of retired guys with little or no success. If you haven’t learned something out of your previous loss, you’re anticipating a new one.

8. You Lack the Skill to Sell Yourself 

You’re always selling yourself, be it’s your products, thoughts or ideas it’s something you naturally do. When you’re interviewing for a job, your job is to sell the hiring manager on why you are the right candidate for the position. Firstly, you’ve to know what value you can bring, what are your strengths and weaknesses? What makes you different? With this awareness, you get a better sense of who you are and what you can do.

It’s important to clearly articulate your skills or abilities and back it up with results from your past work. It puts you on the map of success. 

There’s a fine line between being corny and confident, so make sure to maintain it. Avoid touching both extremes. 

9. You Don’t Have the Right Network

Networking is the bedrock of your professional success. 

A strong network keeps you updated about the current trends and job openings within the organization. These days social media makes it easier than ever to connect with new people and expand your professional network.

A majority of employers tend to hire someone they already know and search among their current list of connections. If you aren’t already in their sphere of connections; make sure to chip in.

The best ways to grow your network includes attending conferences, local meetups, and industry events. Let me remind of the amazing quote: 

“It’s not what you know, it’s who you know.”

10. You Haven’t Researched the Job

Probably, the most common reason why you fail in getting your dream job. If you haven’t done your homework, you’ll never get the chance to impress the employer. Research not only equips you with the crucial information that’s essential to land a lasting impression but also helps you compose questions about the job itself.

Thus, grasp as much information as possible about the company you aim to work with. Well, good research prepares you to answer the tricky questions such as why should we hire you or Tell me a little about yourself Etc. 

Hope this article helped you get a clear idea of why people fail in getting a dream job.  If you found it valuable, do consider sharing it in your network. 

5 Important Aspects Your Resume Should Cover

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Including essential resume, sections are crucial to offering prospective employers an in-depth summary of your education, experience, and qualifications. The commonly recommended parts to cover in your resume include a resume profile, contact information, education, skills, and experience. Your resume may stick out against your competitors if you also cover optional sections describing your accomplishments and hobbies.

Every part of the resume plays a vital role and may impact your chances of being considered for an interview. Remember that leaving out crucial aspects in your resume might prevent prospective employers from discovering why you would be the right person for the job. So, if you are searching for job opportunities, here are the top resume aspects you should cover.

Contact Information

This section contains your first and last names, email addresses, physical addresses, and phone numbers. Always ensure it’s at the top of your resume. Its objective is to help the hiring manager or recruiting agency quickly know you and how to contact you. If possible, use a bolder and larger font for the contact information section to catch potential employers’ eyes.

Resume Summary

resume

Based on your goals and preference, you might consider including your resume summary, profile, and objectives after the contact information part. Usually, this section helps if you want to define your immediate employment objectives. You can think of a resume summary as an elevator pitch that details your relevant skills, experience, and other essential qualifications.

Professional Experience

Your resume must have the experience section that sum-ups your specific work and experience that applies to the position you are applying for. In this section, include the companies you have worked for, the particular duties you did in that position, and the title you held at every company.

Also, you can include major awards and achievements in previous positions you have held. However, you should only include what you have done in the last 10 to 15 years if you have held several positions. As a recent graduate, you can consist of summer jobs and internships. Also, utilize free resume templates so that you can come up with a professional-looking resume.

Skills

In this part, you should cover specific skills that apply to the job you are applying for. Irrespective of your experience, always remember to include this section in your curriculum vitae. Include a mix of soft and hard skills and marketable abilities to show your prospective employers that you are a well-rounded and dynamic candidate.

Hard skills often comprise the technical skills acquired through education, training, and hands-on experience. On the other hand, soft skills usually contain people skills and personality traits.

Education

This section is also crucial for your resume, as it outlines your academic achievements, educational background, and any awards you have received. The information you add to this section depends on your experience and the degrees you have acquired. For instance, if you have just graduated from the university, this section should be comprehensive and have all the relevant information that applies to the job you need.

Optional Resume Aspects

Now that you know the essential parts of your resume, it’s worth knowing the optional components to include to stand out against worthy candidates. These additional parts to add to your resume have awards/ achievements, language skills, community service, hobbies, and interests.

The Final Say

A resume informs the hiring company about your skills, experiences, and work history. Thus, use it to highlight details that show you are qualified for the position, are a good employee, and have the necessary skills to progress in the company.

7 Things to Know Before Investing in Real Estate

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Real estate; has since eons been identified as a highly reliable asset and a lucrative source. Investing in real estate allows diversification of assets, instantaneous dual income, saves income tax, and offers a great inflation hedge thereby providing leverage. Considering these and numerous other benefits that come with investing in real estate; around 63% of the population is already investing in real estate according to the Census Bureau.

If you are here; you might be entering the real estate investor segment as well or might already belong to one. You might be a novice or an experienced investor but there are a few things you need to know before you begin investing in real estate.

Here we have shortlisted 7 eminent things you need to know. Read on!

1. Educate Yourself and conduct thorough research

Entering the real estate market without some homework is definitely not recommended. When you research rigorously and educate yourself, you will be able to identify trends, return on investment, and so on. Knowledge is what will pave the way for successful investing. When equipped with the knowledge, you can refine your investment strategies and focus on booming areas only.

2. Set Investment Goals beforehand

When you set goals, you strive and work harder to achieve them. Setting up goals can organize the investing procedure for you by determining priority tasks. The goals will help you come up with guidelines that you can follow when investing. Goal setting facilitates the formulation of plans like the number of properties to acquire, parameters for the rate of return, type or location of the property, and so on. Though all this might sound generic and something that can just be remembered; documentation is always a good idea.

When setting up goals, you can calculate expenses and profits expected as well. This will help you to plan better as you’ll have a clearer idea of how lucrative a property truly will be.

3. Secure down Payment

The realty market today is highly competitive. There is high demand and low supply of properties which puts sellers in a superior position. Today an interested buyer doesn’t really suffice. You need to possess characteristics that make you stand out as a buyer.  One of the ways to do this is to secure a significant amount of down payment. A minimum 20% down payment is expected from genuine buyers and you can always chip in for more. The down payment amount will also vary depending on the location, availability, and demand for the property.

4. Choose the Location wisely

Do not be hasty when investing in property. You might not move into the invested house but remember you’re putting in quite a lot of money into investing. Therefore; choose the location wisely. Consider aspects like amenities, job opportunities nearby projected appreciation of property in that location, crime rate, transit facility, rental demand, and so on. Conduct extensive research and also get a real estate agent or real estate agency as your ally as you hunt for a property. Since the realtors are well-versed in the process of home buying; once you put forth your requirements, they can help you find the best alternative that fits your needs.

5. Consider diversifying across Markets

What would you do in a scenario where you have extensively invested at one single location and the market declines due to some reason like an increased unemployment rate, increased taxes, or reduced capital spending on the infrastructural projects?

To avoid such financial risks, diversify across markets. Get invested in promising properties at different geographical locations. Every housing market moves independently so it’s a good idea to spread your assets across different economic centers. If one falls, others will still remain lucrative.

6. Clear off your Debts and keep a good Credit Score

Like most of the population, when investing you might consider getting a loan; approval of which can be quite tricky. The easiest way to secure a loan is to have an exceptional credit score! Steer clear of all your balances and dues, maintain records of your finances and rest assured your loan availing process will go smoothly.

7. Don’t let your emotions take the Driver’s seat

When buying a house, most people are driven by their emotions. They get very choosy and follow their heart rather than thinking practically about how the investment can be the most fruitful. They go for houses that are aesthetic rather than houses that are remunerative. This is all well and good if your plan is to reside at the property. However, if you are buying a house for the sake of profit-making, it is wiser to let your emotions subside and think logically. Put in your best effort to negotiate, take the help of your real estate agent and seal the deal as low as you can; this will ensure you generate greater profits.

Investing in real estate is quite a complicated ordeal. There are numerous parameters that need to be taken into account. Further, there are chances of committing grave errors. But with the right real estate broker by your side, you have it all under control!

Happy investing!

Online Tools You’ll Need When Working Abroad

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There are many reasons why people might decide to work abroad. Maybe they want to experience a new culture or learn a new language. Or perhaps they want to save money and see the world simultaneously. Whatever the reason, working abroad might be the option they want.

However, it doesn’t mean there won’t be difficulties. Fortunately, online tools can help make working abroad a little easier. Whether communicating with your loved ones or handling your finances, you can accomplish a lot with your mobile phone and the internet. Here are a few tools you will need when thriving in a new environment.

Communication Tools

If you’re working abroad, you’ll need a way to keep in touch with your family and friends back home. There are a few different ways to do this, but the most popular option is to use a VoIP (Voice over IP) service like Skype or WhatsApp. You can make video and voice calls with these services and send texts and images. They are also relatively inexpensive, so you won’t have to worry about breaking the bank when staying in touch with your loved ones.

Working abroad can be an enriching experience, but it can also be quite isolating. It’s essential to stay in touch with your loved ones back home to ensure you’re not feeling too alone. VoIP services like Skype and WhatsApp are a great way to do this, as they allow you to call and text for free. So make sure to use these services regularly to keep in touch with your friends and family.

Social media has made communication from all over the world more accessible. It has allowed people to connect with others in a way that wasn’t possible before. It is especially true when it comes to working abroad. With social media, people can easily stay in touch with their loved ones no matter where they are. You can do this through video calls, text messages, and images.

Social media has also made it easier for people to find work abroad. Many websites and social media platforms allow people to post job opportunities and find potential employees. It has made finding a job abroad much easier than it used to be.

So overall, social media has had a significant impact on communication and working abroad. It has made it easier for people to connect and find work in a new country.

Mobile Banking

Another essential tool you’ll need when working abroad is a mobile banking app. It will allow you to transfer money between your home bank account and your foreign bank account without fees. It’s also a convenient way to keep track of your spending while you’re away.

There are many different mobile banking apps available, so make sure to research the best one. Once you’ve found the right app, set up a secure PIN code to protect your accounts.

When working abroad, it’s important to send money back to your hometown to support your family. It can be a challenge, as transferring money internationally often comes with high fees. However, online remittance services can help make this process easier and more affordable.

These services allow you to transfer money to your loved ones in your hometown quickly and easily. They also offer low fees, making it more affordable than traditional money transfer methods. So if you’re looking for a way to send money home, be sure to check out the online remittance services available.

Language Translation Apps

If you’re working in a country where English is not the primary language, you’ll need a way to communicate with your colleagues and customers. Many different language translation apps are available that can help you with this.

Some of the most popular options include Google Translate, Microsoft Translator, and Yandex Translate. These apps allow you to translate text, voice, and images into various languages. They also have features like conversation mode, making it easy to have a conversation in another language.

So if you’re looking for a way to communicate in another language, check out the various translation apps available.

VPN

When working abroad, it’s essential to keep your data safe and secure. A virtual private network (VPN) can help by encrypting your data and hiding your IP address. It makes it difficult for hackers to steal your personal information or track your online activity.

There are many different VPNs available, so make sure to research the best one for you. Once you’ve found the right VPN, set up a secure connection to protect your data.

A VPN is an essential tool for anyone working abroad. It helps to keep your data safe and secure by encrypting it and hiding your IP address. So if you’re looking for a way to protect your online privacy, be sure to check out a VPN.

These are just a few of the essential online tools you’ll need when working abroad. To find the best option for your needs, research each one. And don’t forget to stay in touch with your loved ones back home.

Disadvantages of Multinational Corporations

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What are Multinational Corporations? Multinational corporations are those companies that set up their plants in different countries giving better job opportunities to the public. They typically have their headquarters in one country and are registered in numerous others. MNCs can manufacture, market, and sell their products in the host country. Everyone loves to be a part of multinational corporations considering the working environment and benefits offered. But, did you know that they also carry some disadvantages?

Yes, like everything has its pros and cons, multinational corporations also have disadvantages. Some of the disadvantages of multinational corporations are

people working together at an office

Damage to the Environment

While multinationals come off as more informed and environmentally conscious, they contribute a lot to environmental waste. Waste control in developing countries is not well regulated, and the governments are not mindful of the consequences considering the benefits of multinational corporations. The companies manufacture products in bulk with low-quality material sometimes, increasing water and air pollution. Many MNCs reduce costs by ignoring the need to reduce pollution caused by them.

Affect Other Businesses

MNC usually produce their products on a large scale with a more efficient plant involved and skilled labor. Despite giving the best results, the cost of their products comes out to be less than local companies trying to compete with them in their capacity. By spending more money improving their production and marketing strategies, MNCs win the competition and gain a monopoly. It hurts the business of domestic industries, and some companies also die due to a lack of resources.

Exploitation of Government

Some MNCs are big names and bring a lot of money to a country when setting a plant there. Besides engaging people to work for them at low wages often, they also tend to make changes in the country that the government may agree on for short-term benefit. However, in the long run, these policies or changes do not benefit the people.

Economic Exploitation

Many multinational companies are good at exploiting people and the host countries to their benefit. From internal and external sources of recruiting employees and labor at low costs to exploiting that country’s natural resources, they do it all. Despite paying low wages and producing products at low costs, their branding allows them to sell their products at high prices. When these companies push others out of business and create a monopoly, consumers have to pay a high price to buy their star products.

Uncertainty

Most multinationals stay in a country for their monetary benefits only and do not care about the welfare of the people of that country. “Hire and fire” culture is quite common in multinational corporations, and many people lose their jobs for one reason or the other. One of the most common causes of job loss is the shifting or shutting down operations in a particular country. It usually happens when that region faces economic uncertainty. Working in a multinational is amazing, but you never know when they will stop operating in your country.

Unsuitable Technology

Most multinational corporations move to developing countries, and some expand their business in developed countries. A technology designed for working in the home country of the MNC might not be suitable for the host country. It could either be outdated, too advanced, or difficult for people to understand. This also contributes to the import of employees from countries who know about that technology and can work well on it.

Labor Import

Apart from the common perspective of MNCs employing local people and providing better job opportunities, multinationals also import skilled labor and personnel from other places. MNCs typically want to reach high efficiency quickly and make their name in the market, yet this is difficult if the operational area lacks skilled professionals. To cut down on time and training costs, they often import staff from other parts of the world. So, eventually, the jobs meant for the locals are taken by others, and only low-level jobs are available.

Export Profits

MNCs mostly work in multiple countries yet provide minimal benefit to the host country. They use raw materials, natural resources, and low-level labor from the host country but do not give back enough. The profits for the host country are nothing compared to what the MNCs make. The money made by the MNCs is exported to their home countries in the form of royalties, interest payments, profit dividends, and service charges. Thus they do not help improve the host’s economic condition much.

Sociocultural Issues

When multinational companies set up their business in other countries, they bring their cultural and social values. With passing time, the people working with MNCs begin adopting their culture, leading to cultural issues in the region. Other local people feel a distance from them because of the social and cultural changes they adapt to through the MNC.

Less Jobs For Home Country

Multinationals shift from their home country to other countries, offer jobs to the locals, and sometimes import labor from other areas. While it increases work opportunities for others, setting up MNCs in various countries results in fewer jobs in the home country. The people who could have been employed and improved their lives if the company expanded the business in the host country lack the chance.

The Bottom Line

Multinational corporations are registered and operate in many countries. Apart from the headquarters in the home country, they set up their plants in multiple countries to produce and sell their product. While MNCs have benefits, MNCs also have some disadvantages like fewer jobs for the job-seekers in the home country, unsuitable technology, and uncertainty of job.

Multinational corporations use resources from the host country yet take away the profits to the home country. Locals of developing countries experience sociocultural changes when working in MNCs. Multinationals also possess the power to pressure the government into altering policies and making changes that do not benefit the locals in the long run.

Why buying health insurance is Important in Hyderabad?

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Health disorders can occur anytime in the lifetime of a person which leads to several problems. Moreover, they will lead to high medical expenses and not everyone can afford them easily. Hyderabad in India is one of the major cities that offer job opportunities for several people in different sectors. On the other hand, the city is facing high pollution levels over recent years resulting in life-threatening symptoms.

That’s why one should consider purchasing health insurance in Hyderabad because it will help a lot get protection from high medical costs and other things. Moreover, it allows policyholders to gain more benefits enabling them to manage medical expenses with ease.

Reasons to opt for health insurance plans in Hyderabad

1. Offers financial stability

Getting insured is equally important today to ensure financial stability. Buying health insurance plans in Hyderabad lets people overcome troubles when it comes to emergency medical treatments. They provide coverage for critical illnesses and accidental care to ensure peace of mind. Furthermore, the plans give ways to utilize the savings for other purposes. Apart from that, they enable policyholders to get high-quality treatments in listed hospitals with ease.

2. Shift in lifestyle

Lifestyle is changing today in Hyderabad resulting in health problems due to sedentary lifestyle and changes in food habits. A majority of people face obesity, hypertension, diabetes, heart diseases, and other problems which affect their quality of life. Hence, it is necessary to undergo medical tests to diagnose the health disorders in advance. This will help take care of medical expenses properly to lead a problem-less life.

3. To deal with medical inflation

Medical technologies are advancing today to satisfy the needs of patients. As a result, the costs of medical expenses are increasing resulting in a financial burden. Having health insurance in Hyderabad gives ways to deal with problems caused by medical inflation with ease. It makes feasible methods to safeguard individuals and a family from rising medical costs to minimize unwanted issues.

4. To counter inadequate insurance coverage

Some health insurance policies offered by an employer provide only basic coverage for policyholders that can result in various problems. However, the options for increasing the coverage are high that will help gain more benefits. Having a high sum assured amount enables a policyholder to take care of every medical need financially. An employee can also convert the employer’s policy into an individual policy as soon as possible.

5. Availability of wider options

Health insurance companies in Hyderabad offer a variety of options for individuals and families. They even allow customers to select them based on their choices and budget that help accomplish goals to a large extent.

6. Accumulation of higher bonus

Many insurance companies reward policyholders with a bonus on the sum assured amount when don’t make any claims. Accumulation of a higher bonus will help a policyholder to reap more benefits when he/she suffers from various conditions in his/her later stage.

7. Helps in achieving financial goals

Financial planning is necessary for everyone to accomplish their goals in life. Buying health insurance plans in Hyderabad enables policyholders to minimize the risk of financial burden significantly. They even show ways to focus more on their objectives with more attention thereby helping to lower complications.

8. Offers a lot than hospitalization coverage

New health insurance plans in Hyderabad offer daycare expenses, protection against OPD, and diagnostic expenses apart from hospitalization coverage. Besides that, they also offer accidental care coverage for severe injuries and treatments to reduce the burden.

9. Cashless treatment

Many health insurance plans in Hyderabad offers cashless treatment option during difficult times. They will pay the amounts directly to a hospital and there is no need for policyholders to pay for the expenses from their pockets. However, it is applicable only for the listed hospitals and one should check them before purchasing a plan.

How to buy the best health insurance plans in Hyderabad?

Those willing to choose the best health insurance plans in Hyderabad should consider finding the right company after making complete research. Also, it gives ways to select a policy that satisfies the requirements and budget of a person. Several insurance companies provide health insurance policies and Care Insurance is one of the best among them because it caters to the needs of policy buyers.

The company shows ways to buy a plan at affordable prices thereby helping to lower medical costs. Besides that, it contributes more to compare the plans online to select a plan depending on the needs. It also helps to get the tax deduction benefit allowing a policyholder to deduct amounts while filing an annual tax return. New policy buyers can even contact the customer care team of the company to know more about the plans in detail. This will help a lot to ensure more financial freedom in life when it comes to medical expenses.