Things to About Employee Buyouts

Things to About Employee BuyoutsThings to About Employee BuyoutsBuyouts are a common method for reducing the number and cost of employees. In buyouts, the employer offers some or all employees the opportunity to receive a large severance package in return for leaving their employment. What Is Included in an Employee Buyout? Buyouts range from four weeks pay plus another paid week for every year worked to the $150,000 that some auto companies have paid their union workers to leave. They can also include benefits such as extended health care insurance and educational and job search assistance. Buyout offers are usually made to non-critical staff. Senior-ranking employees who are close to retirement or cost the company more money than a new-hire would are also common targets. Offering all employees of a company the buyout is more common during rough economic times and significant downsizing. Reviewing a Buyout Offer It is important to review a buyout offer carefully and weigh it against your personal career goals and lifestyle. Some considerations to take into account include Your job prospects and personal marketability. The older you are, the harder it is to get hired. Will the buyout cover your expenses until you find new employment?How close you are to retirement. Will early retirement affect your social security benefits?Is the offer a lump-sum payment or payable over time? If in smaller payments, how stable is the company and can you rely on them to fulfill the promise to pay?Your desire for a career change. Some employees use buyouts to pay for a new college degree or to open their own business. What happens to any personal leave you have accrued? What about any bonuses and other perks you receive? Each situation is different and everyone has unique circumstances that they must consider. It may be best to review a buyout offer with a financial professional as well. The Release From Liability Agreement In return for the severance package, employe es are required to sign a release from liability. This is an agreement between employee and employer that the company will not be sued or held responsible by the employee. The release from liability comes with many different names in different organizations. It may also be called Waiver of all ClaimsHold Harmless AgreementIndemnification Agreement The bottom line is that the employee agrees not to sue the company in return for the buyout funds. Buyouts vs. Layoffs Buyouts are not easy decisions for a company or its employees. They are often offered when there is a critical need to reduce operating expenses and in hopes of avoiding or reducing layoffs. Unfortunately, when too few employees accept the buyout offer, employers are often forced to lay off employees anyway. Sometimes, the employees laid off are people who chose not to accept buyouts. This contingency should be clear when the buyouts are offered so employees know that a layoff is possible. That, too, can factor into bu yout decisions.

5 Job Interview Worries Remote Job Seekers Dont Need to Have

5 Job Interview Worries Remote Job Seekers Dont Need to Have5 Job Interview Worries Remote Job Seekers Dont Need to HaveHave some job einstellungsgesprch worries? Job bewerbungsgesprching is never easy. The stress of being completely prepared, coupled with deciding what to bring with you (are 10 copies of your resume enough?) and what to wear can frustrate an already weary job seeker. Remote job seekers, however, might not have as much to worry about.Many of the stressors of a job interview can be (almost) avoided when youre looking for a remote job. Below are five things remote job seekers dont need to worry about- embarrassing personal body issues, anyone?Five job interview worries remote job seekers dont need to have1. TattoosSure, you love all of your tats, but a potential boss might not feel the same way. While you should always cover up your tattoos whether youre having an in-person or Skype interview, its certainly easier to avoid them being seen during a video interview. Afte r all, the camera will most likely capture your face and chest, and not your arms, wrists, hands, legs, or ankles, where many tattoos can be found. That said, if you have a tattoo in a place that cant be covered up by clothing, just make sure to dab on a little cover-up to, well, cover up.2. Getting s-lostNo matter how well you calculate your travel time, locate parking, and factor in potential traffic, nerves can get the best of you en route to a job interview- and cause you to be late. Thing is, no hiring manager is going to look kindly upon a late job candidate. But when you have a remote job interview, theres no chance of being late for your interview. Unless, that is, youre having tech issues. So be sure to check your Internet connectivity and make sure your Skype or other video conferencing program is working well3. Embarrassing Personal IssuesClammy hands. Bad breath. A gurgling tummy. The list of personal problems you could have the day of your job interview are never-ending . The good thing is that remote job seekers dont need to worry about many of these issues. So if youre nervous about your sick stomach during an interview, your cameras microphone probably wont catch it if its rumbling- or worse. And if youre doing a phone interview, you can simply mute the phone in case youre having a Sean Penn/El Chapo interview moment (travelers flatulence, anyone?).4. Not Having the Funds for the InterviewAsk any job seeker and theyll tell you that job hunting is not cheap. From interview suits to commuting costs to (sometimes) hiring professional services such as resume and cover letter writers, it can cost a pretty penny to find the perfect job. So its understandable if you are super low on the funds youll need to get to and from your interview. Not so when you have a remote job interview. It costs nothing to walk down the hallway to your home office- or any other room in your house thats quiet enough to hold a job interview.5. Missing the Interview (exception technical difficulties)Youve waited for weeks (or months) for this one job interview. And then, blizzard-like conditions paralyze the area where youre going for your job interview. Naturally, the hiring manager offers to reschedule, but you know that if you dont show up, other job candidates might- and might land the job. Whether its a 30-inch snowfall or a sick child at home, missing your job interview is something remote job seekers dont have to worry about. Bad weather conditions are no match for your stellar Internet connection, and you can always have a babysitter, friend, or family member stay with your child for the half hour while youre doing your remote interview.There are many job interview worries thatremote job seekers dont need to havewhen doing their job interviews, which is what makes remote work so awesomeFind more job interviewing tips hereReaders, do you have any job interview worries? What have you found you dont have to worry about during your remote job search? Let us know in the comments

Attract Millennials with your Employer Branding

Attract Millennials with your Employer BrandingAttract Millennials with your Employer BrandingAttract Millennials with your Employer Branding RossheimThe first step to attract the best and brightest Millennialsto your company is to tell a good story. After all, thats what their super-involved parents did for the first 2,000 nights of their kids lives.Rather than recalling a Harry Potter adventure, your book is titled, Why Our Company Offers You the Best. Opportunity. Ever. Heres how to readsChapter 1 Share your employer brand.Small businesses may not know they have an employment brand, but they do, says Cathy Taylor, a recruitment marketing consultant in Aurora, Ill.Taylor is right Whether the image of your company as an employer is defined by old-fashioned print help-wanted ads, a sophisticated all-media campaign or random raves and rants on Yelp and Glassdoor, Millennials will brand you by what they find, and quick.Keep in mind that many Millennialswould rather work in a small comp any than a big one, says Taylor. Even in your job descriptions, use phrases like, We offer a learning environment where you collaborate with a team, where you will be recognized for the work you do. Chapter 2 You have 3 seconds to platzset the hook for Millennials.If your company doesnt make a splash online, Millennials will find an employer that does.First impressions in the hiring process happen long before the first phone call or interview, says Ron Piccolo, a professor of management at the Rollins College Crummer Graduate School of Business.And if you were born before 1980, you likely dont know enough about what will make your companys value proposition a page-turner for Millennials.I recommend that employers identify their most engaged employees and ask them, Why do you come to work every day? says Taylor. The best brand ambassadorswill say they are fulfilled by the work. Trust that they will tell the truth and allow them to tell it.Do keep this in mind If the career pages of y our web site look and behave poorly on smartphones, Millennials will just say, Next. Make sure you have a mobile recruiting strategy in place that meets their expectations.Chapter 3 Millennials can amplify your employer brand.Enough with the cautionary tales. Lets talk about how Millennials as the masters of their own mindset can power up your recruitment of the new largest cohort of American workers.Empower Millennials to be your brand advocates,says Piccolo. Millennials will happily amplify the great things your business is doing through their own social media platforms. The content and method of sharing should be consistent with your messaging which might mean having a menu that gives employees choices of what they communicate and how.Your incumbent Millennial employees can also be valuable for performing reality checks on your recruitment pitch. One branding strategy that can be effective is describing not just the company but its broader social and environmental impact, says Piccolo. The point is to highlight the unique characteristics that define your company brand.Tune in to this Millennial podcast with Ron Piccolo and hear how todays Millennials think about their job search.Chapter 4 Remember where Millennials come from.The final chapter of this primer on employer branding for Millennials is a reminder of where they came from the millions of us who hail from previous generations of business owners. We Boomers and Xers have inherited in the workplace the children we only recently finished bringing up, says Taylor. Its just that theyve always had someone who welches encouraging them, so they expect that.Do your Millennial candidates seem needy? Give them a break, at least until you get them in the interview chair.What attracts young folks today is structure and plan and forethought by a company or recruiter, says Piccolo. The uncertainty of what will happen in their careers can be uncomfortable.Listen on iTunesGet new podcasts subscribe to the https/ /www.youtube.com/ Podcast Feed on iTunes

6 Things You Didn#8217;t Know About Reference Checking

6 Things You Didn8217t Know About Reference Checking 6 Things You Didnt Know About Reference Checking Whats there to know about checking references? A lot more than you might think. Here are six things you may not have known about this very common and very crucial practice1. Reference Checks and Background Checks Are Not the Same ThingDo you do both? If so, make sure youre getting useful insight from each and not just duplicating your work. For example, if you use reference checks to verify employment history, then youre not learning anything new. You could have gotten that information from the hintergrund check.Why do a background check?- To comply with the law (when required)- To verify employment history- To check criminal recordsWhy do a reference check?- To confirm job titles and dates of employment- To learn about a candidates strengths and weaknesses- To better understand the candidates previous job duties and experiencesBackground checks are fairly standard, but the effec tiveness of a reference check will depend on your process. If youre not able to differentiate your reference checks in a meaningful way, then its probably time to rethink your approach.2. More ThanHalf of All Resumes and Job Applications Contain Untruths*Can you tell fact from fiction? Probably not, but former coworkers and managers have firsthand knowledge of what a candidate is like to work with, what theyve achieved, and what theyre capable of.According to a survey of more than 1,000 senior managers, more than one in five candidates areremoved from consideration after their references are checked. Thanks to insight from candidates professional contacts, many employers are spared the expense of a bad hire.(*Society for Human Resource Management)3. Traditional Reference Checks Can Take Weeks to CompleteMeanwhile, your time-to-hire spins out of control. If your company requires a reference check as a condition of employment, then you and the candidate are at the mercy of the referen ces who are in no hurry to call you back.Fortunately, when you automate the process, you can see much better results, including- an 80 percent response rate- two-minute completion times- and full reports (3-5 references) within 24 hours.4. Employers Dont Know What Theyre Allowed to Say About Past EmployeesTherefore, they err on the side of caution. The truth is, in many states, employers are protected from civil liability when providing good-faith references and truthful negative information.But try telling that to a reference who wont plattl up the phone.The answer is anonymity, which is an option in automated reference checking. Providing anonymity is a huge advantage because it boosts response rates and allows references to be honest about a candidate without fear of repercussion.5. Reference Checking Doesnt Have to Be the Last Thing You DoMany companies use reference checking as a screen-in method, which meansithappens at the end of the hiring process with the purpose of moving a candidate forward as long as references dont give the employer reason to reconsider.But what would happen if you checked references earlier in the process? Doing so could help you narrow down a large pool of candidates or identify the best match among top contenders. With automated reference checking, youre free from the time constraints and can check references for as many candidates as you like whenever you like.6. References Are a Valuable (and Often Untapped) Source of TalentIn most cases, employers contact references for one specific reason to get feedback about a candidate. Its a single-serve conversation, and unless the employer is a renowned brand, the reference will know nothing about the company they just interacted with.Dont miss an opportunity to source great talent. As part of the reference checking process, consider asking references if theyd like to join your talent community. Its essentially a free referral program Plus- Candidates tend to choose their best profe ssional contacts as references.- References usually work in the same field or industry as the candidate.- 30 percent of references will opt in, exponentially growing your talent pipeline.Greg Moran is president and CEOof OutMatch.Master the art of closing deals and making placements. Take our Recruiter Certification Program today. Were SHRM certified. Learn at your own pace during this 12-week program. Access over 20 courses. Great for those who want to break into recruiting, or recruiters who want to further their career.

I Was Expecting To Get More Recruiters Calling

I Was Expecting To Get More Recruiters CallingI Was Expecting To Get More Recruiters CallingResume? Check. LinkedIn profile? Check. Everythings keyworded, and youre submitting your information for jobs for which youre perfectly well-suited. Seemed like it should be, if you build it, they will comeExcept all youre hearing is crickets. In this video, lets talk about why that is, and Im mapping out 3 specific things you can do today to get in contact with the recruiters you need.This is just a taste of what you can do to make sure to build the right relationships with the right recruiters. Learn more in our full online program, 5 Secret Job Search Hacks For The Age 50+ Job-Hunter. Im revealing the killer mistake that will make the recruiter automatically ignore you, and were talking about the exact strategy to break into the hidden job market, even if your network is virtually non-existent and you only know 1 or 2 recruiters right now.

Top Resume Summary Examples for Customer Service Choices

Top Resume Summary Examples for Customer Service Choices If youre on the lookout for a position in customer assistance, whether its at a call center or face-to-face, use our absolutely free customer service resume sample that will help you land an bewerbungsgesprch ASAP. To compose the objection section of a customer service resume, you want to figure out the key tasks to be done at work. A top quality sample customer service resume will incorporate numerous suitable key terms and phrases that could contain phrases like customer satisfaction, customer retention, processes or efficiency, based on the particular job. Providing specific examples may make it possible for a possible employer to relate the applicants work experience to possible small business needs inside their company, Stetson states. Lesson Summary Customer service goals are specific targets and guidelines a provider puts into place to guarantee each customer is pleased with the services the business provides. Cus tomers ought to be kept updated and informed about your services. Feedback from customers is essential to measuring customer service targets. What to Expect From Resume Summary Examples for Customer Service? There are a lot of soft skills you should cultivate if you intend on working in customer support. Since youre going to learn how to create a kickass customer service resume. When a customer arrives to you to resolve an issue, you have to have the issue solving skills essential to effectively handle the issue available, regardless of what it is. Committed to remain constantly mindful of customer should make sure a secure and secure shopping atmosphere. The target of a resume headline is to sum up your abilities and experience into a brief phrase that will stick out and show the possible employer exactly what youve got to offer you. If you cant consider anything whatsoever, it may be advisable to try out a career objective, that is the go-to intro for people joining the workforce. An excellent career summary is basically a glimpse of your skill tischset and the value its possible to bring to your possible employer. Finally, it focuses on your ability to offer value to the company. The Lost Secret of Resume Summary Examples for Customer Service Youre going to compose a resume summary which gets many more interviews. As stated above, a career summary isnt a career objective. A great career summary is a significant portion of the career summary for the reason that it adds depth and clarity to your resume. Ultimately, you must remember to proofread your career summary like the remainder of your resume. The resume summary section isnt something which youre able to sit down and begin writing. Unfortunately, not all summaries do what theyre supposed to do. Whilst you write your summary for your resume, attempt to consider what you want them to discuss with you, and what exactly you desire an opportunity to discuss. Dont forget to customize to t he position youre applying for. Due to the immense number of applicants in todays job market, the great majority of companies utilize ATS to scan resumes until they reach a hiring manager. You have to tailor your resume to the work offer. The examples are for different job positions to provide you with a clearer idea of the way to tailor it not only for the work position but in addition the business. 1 tip in earning a questionnaire better is to make it even more engaging to the clients. Resume samples are a beneficial means to direct your own writing. A sample will be able to help you decide what type of content you should include, together with how to format your resume.

The Importance of a Background Check #INFOGRAPHIC - Spark Hire

The Importance of a Background Check INFOGRAPHIC - Spark HireDoes your company, or just you, do background checks on all of the employees you hire? If not, do you ever think about whether or not you should? Well, according to the statistics presented in this infographic from Visual.ly and First Contact HR, doing a background check is way more important than you think.Take a look at the infographic below and youll see that 40 percent of resumes contain false or exaggerated information. Can you imagine? That is frighteningly close to almost half of all resumes coming in. Just the other day Spark Hire was discussing certain ways you can look at and interview candidates to see if they are lying. It may be difficult to think that a candidate is lying to you straight out, but obviously it happens- and quite often, too.Doing a background check on a candidate can not only help you with hiring the right person, but it could protect your company as well. The infographic states that employers l ose 72 percent of all negligent hiring lawsuits. Negligent hires are when the employer is held accountable for the actions of an employee on the fundament that they should have known the employees background before hiring them. When 75 percent of substance abuses are employed, its important to know who you are hiring and the risk you may be taking. Take a minute to look at the infographic below and see for yourself if background checks are necessary for you and your company.