Monday, April 20, 2020
Why Sales Nontraditional Personnel Are Not Getting Hired For Your Sales Job
Why Sales Nontraditional Personnel Are Not Getting Hired For Your Sales JobAs a member of the staff, you know how much better the sales of nontraditional company are in comparison to sales of traditional companies. A qualified and certified sales executive can make up to half a million dollars with the sales of a typical company. So, it is no wonder that one of the most critical positions in the organization is sales.In the sales department, there are many sales professionals who have mastered what makes up the culture of the sales department. These people are known as sales of traditional. These people who possess the skills and talents that are required to deliver goods and services to clients, who walk the same road that the sales department walks, but do not have the responsibilities that come with the company. Many companies treat these people as a second class of employee.This is one of the main reasons why so many people tend to be offended when they see someone with a traditi onal resume writing skills. It is only the Sales Nontraditional personnel who can be seen by those higher ups as an expert.One other reason for the disaffection towards sales of traditional personnel is that these individuals in many cases are found to be using fake credentials. This may be an illegal act or even fraud, which has no place in business. These people often put their own name on the credentials, which is then used to take advantage of the weak in position sales people in the organization.Qualified sales of traditional can be a good hire for any organization. It is like getting the best of both worlds. These sales professionals will make the client feel that the business is well run and highly efficient. It is for this reason that some companies prefer to promote from within.In many cases, it is said that because there are so many qualified sales executives in the company, that the company will save on paying out salaries to the sales people and the department as a whole . This way, the top ranked personnel can be given higher wages.These people work as dedicated professionals. In some cases, the success of the sales department is affected negatively due to these sales executives. Their strong intellect and strong personalities have worked wonders in bringing about changes in the mindset of these people.
Wednesday, April 15, 2020
This Is the Age When Most People Become Millionaires
This Is the Age When Most People Become Millionaires Some people spend their whole lives working toward a seven-figure savings. But itâs undoubtedly easier to reach millionaire status if you have a high-earning job that allows you to sock away more of your income. In fact, a Fidelity Investments report cited by the New York Times found that the typical â401(k) millionaireâ was an American with a six-figure income â" $287,700 for women and $354,600 for men. On average, women hit the milestone at age 58.5, while the average man became a millionaire at age 59.3. Thatâs several years before the full retirement age of 67, but depending on how much money you plan to spend annually in retirement, $1 million may just be the tip of the iceberg. Fidelity says there are 133,000 401(k) millionaires on its platform, which oversees retirement accounts for more than 15 million Americans. Notably, women now represent about 20% of Fidelityâs 401(k) millionaires, nearly double the share of women 12 years ago. But you donât have to be a high earner to become a 401(k) millionaire. In fact, Fidelity found that saving consistently and investing in the stock market were the keys for those who reached millionaire status while earning less than $150,000. For those mid-level earners, women had a savings rate of nearly 25% â" 18.1% of their salaries and 6.8% employer match. By contrast, men earning less than $150,000 who reached millionaire status saved 22.8% total. Still, men earned about $1,800 more than women annually, according to Fidelity. Perhaps most importantly, the stock market was the preferred choice of investment. Men and women who became 401(k) millionaires held the majority of their savings â" 76% and 77%, respectively â" in stocks. Ultimately, those who start investing in their 20s, no matter the amount, will be better off. Fidelity found it takes about thirty years of working and saving to reach the milestone. Younger investors can take advantage of compound interest and have more time for investments to bounce back from downturns in the market. The SP 500 has averaged an 11% annual return since 1966, but even a more conservative expected return of 5% can make a difference in your retirement savings. And while the $1 million mark is something of an accomplishment, you may need more than that to live comfortably in retirement, or even quit work early. A nest egg of $1 million provides annual retirement income of about $40,000, using a 4% withdrawal strategy. To find your magic number, or retirement savings goal, all it takes is a simple calculation: determine your desired annual retirement income and divide it by 4% (the maximum amount you will withdraw from your savings each year to pay for your living expenses in retirement). Once you know that number â" whether itâs $1 million or moreâ" you can leave work as soon as you reach it. This article originally appeared on BusinessInsider.com.
Friday, April 10, 2020
Am I My Resume Best Job Search Practices - Work It Daily
Am I My Resume Best Job Search Practices - Work It Daily In a search for examples for managers and leaders from the performing arts, I found the obvious ranging from the serious to the humorous. âLincoln on Leadershipâ and âLeadership Secrets of Attila the Hunâ illustrate the range. But as the search continued, I also discovered several examples with some direct messages for job seekers and hiring managers. This fit with the goal of the programs I offer for job seekers and hiring managers. I had developed a focused website, 212-Careers, with the intention to provide stronger, sometimes hard-hitting advice on resumes, interviewing skills, letters, and other career decisions. The goal is to be blunt, even controversial at times, with a willingness to tell someone in detail whatâs wrong with a resume, or why so many interviewers (and interview questions) are simply âbad.â I was not surprised to find numerous examples of everything Human Resources shouldnât do â" âThe Office.â I was pleased to discover some great examples of practices in the performing arts that support some of the best hiring/job seeking practices. The award-winning Broadway âJersey Boysâ is an excellent, current example. Because it includes the early days of âThe Four Seasons,â it shows how the group struggled to find the right âfourthâ member of the group. It even reflects the reality of todayâs job market with a line that states, âthereâs a million of âem out there.â The Best Job Search Practices In Entertainment But the reality is that the final decision, which leads to the groupâs phenomenal success, is that itâs not Bob Gaudioâs âexperienceâ that gets him included in the group, itâs his performance. Itâs his talent plus âfitâ with Frankie Valli, a combination of talent and fit that created a partnership thatâs still performing after 50 years. Itâs an outstanding example of hiring expert Lou Adlerâs formula that outstanding performance equals âtalent times energy.â Daniel Robert Sullivanâs book, Places, Please, outlines the story of his journey to become part of the âJersey Boysâ cast. It should be required for any serious person seeking a career. The story of Danâs goal setting, auditions, practice-practice-practice, rehearsals, and the role critical feedback plays at every stage of the process blows the idea of âI should just be able to submit my resume and someone will hire meâ completely offstage. As a job seeker, face the reality that it takes hundreds of hours of work (practice-practice-practice) to land a position. By the way, youâre only âas good as your last gig.â Many professionals in the performing arts know that their job may be for a short period of time. Start realizing that youâre interviewing (auditioning) for a job that focuses on what you can do right now for the organization. Years ago, I used the movie version of âChorus Lineâ as part of a final exam in an advanced human resource course on selection. I posed questions about how âChorus Lineâ not only portrayed the selection process, but also how those lessons could be applied to other organizations. For those not familiar with âChorus Line,â itâs fundamentally the story of day long auditions to select four male and four female dancers for the chorus of a new show. While the story covers several areas relevant to the hiring process, including how personal biases can affect decisions, the real lessons for any job seeker come from a similar message to the âJersey Boysâ story. Itâs all about performance. The candidates, no matter how much they say, âI really need this job,â must demonstrate that they can perform the required dance moves. They must take their âtalent,â combine with the energy of their attitude, learn dance routines quickly, and then demonstrate this performance at the highest level (clearly the top 5% as portrayed by the initial pool of candidates). Performance and âpracticeâ have been consistent messages Iâve discovered as part of this journey into job hunting advice. And early in the journey, thanks to another former cast member from âJersey Boys,â I was led to another excellent example. In a cabaret performance with some cast members, Michael Ingersoll (now with âUnder the Streetlampâ) performed âWhyâ from a lesser known musical, âTick, Tick, Boom.â The message of this story immediately caught me with key words: âWe sang 'Yellow bird' and 'letâs go fly a kite' Over and over and over, till we got it right.â This is for both the hiring manager and the job seeker. The unfortunate truth is that the majority of job interviews conducted on any given day are likely conducted by interviewers with no training on how to do it âright,â and who aren't even close to having enough practice. Itâs equally unfortunate and true for job seekers. If you want to get that career position, you should be practicing your âperformance-basedâ answers to questions âover and over and over,â till you get it right! 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