Things to remember when searching for job

Recent economic crisis has left many people unemployed. Being out of work for an extended period is a terrible experience to have, especially when you are the sole earner in your family. At these times, the only thing that lingers in your mind when searching for a job is that “you are jobless”. Such stressful situation can hurt your chances of getting a job because you are not able to do your best in job interviews, mainly because your mind stays overwhelmed with the worries and concerns. Therefore, the first thing you should do is to get a little loosen up, to let your mind work more freely and clearly.

Next step is to find a vacancy in your respective field. This part is not difficult, thanks to the Internet where you can find a number of portals to assist you in job search. You can upload your curriculum vitae at each of these websites and all it takes is a search with relevant keywords and a click on “apply now” button and your CV will be forwarded to the employer. If you’ve got the right qualification or experience, you can be sure of an interview call in most cases.

Some candidates get to the interviews with a negative frame of mind, thinking that there’s no way they can be selected. The truth is that most of the short listed candidates have fairly equivalent credentials; it is only after the interview that employers make their minds to select/reject a candidate, which means, you should approach every interview with positive mind and confidence. Don’t try too hard to impress the interviewee because you might end up talking too much, and whenever there is excessive talk, there’s every chance that you’ll come up with some thoughtless remarks or answers, resulting in a rejection.

Always follow up by sending a thank you letter (or email) to the employer after the interview. Tell them that it was a pleasant experience and you’re thoroughly impressed with their approach (yes, a little flatter can go a long way). Besides, follow up letter is a great way to put forward some of your plus points that you forgot to mention during the interview. In the end, whenever you receive a job offer, take some time to weigh up the salary and benefits against the duties you’ll have to perform. However, be practical instead of being greedy, especially in such circumstances when new jobs opening are already scarce to the point of non-existence.

Source:
Computer Wholesale Suppliers

Do you need a Sales Compensation Plan?

Sales Compensation Plan, or in simple words “sales commission plan” is a must to attract and motivate a sales force that delivers. In the absence of a sound Sales Compensation Plan (or in case of poor planning), you’ll keep loosing your sales reps (and eventually your sales) on regular basis. Apart from the motivating factor, it also helps in effective HR management, assisting you in carrying out duties like promotions, downsizing and recruitment. It won’t be an exaggeration if we state that the sales-force works as the engine of a business, by the same token sales commissions can be deemed as the fuel that runs this engine. Good commission means good fuel and good fuel means a more strong and effective engine.

Remember, products are more or less the same; and most of the times it’s the sales representative who can make a difference.

How to devise a practical Sales Compensation Plan:

As it is the case with most management decisions, you’re ought to be fully aware of goals and available resources for your business. As a general rule, sales compensation plan is the combination of basic salaries and sales incentives. Basic salaries are fixed wages that the sales people are going to get every month, irrespective of the number of sales they make. Whereas incentives are sales based commissions and you can add further bonuses on reaching some monthly or quarterly targets. While doing the planning, you must be able to come up with the answers to the questions like what percentage of total sales could you disburse as commissions? Or what’ll be the better option, giving out commission on each sale or when they reach some specific target?

A well planned incentive strategy will go a long way towards making your business a success; on the contrary an insincere plan may cause the collapse in no time. There’s no single structure for a good compensation plan, it differs with the type of business, product, industry, and the job market. Sometimes you must offer good basic salary; sometimes just good incentive package will do the trick. However, many businesses just rely on offering a hefty commission and no base salary; such compensation plan can be counter productive as no sales person will take the job seriously, moreover you won’t be able to execute any kind of control over your workforce, let alone holding anybody accountable. Therefore, you must take everything into consideration before finalizing a compensation plan.

Source:
Wholesale Suppliers
UK Wholesale

Job Satisfaction - How satisfied are your employees?

How satisfied are your employees with their jobs and the company? You should be asking this question to yourself, quite often. For the reason, that a worker who is not satisfied with his job would not only be looking for a new job, he/she will also be uninterested in performing at their full potential. What’s more? They’ll transfer this negativity into their fellow workers and you will be left with a workforce where majority of the workers is discontent with their jobs. You can well imagine the consequences.

On the other hand, an employee who is satisfied with his/her job will continuously strive to work hard so that he/she can retain the job. Job satisfaction is a product of many elements, some of the important ones are remuneration package, workforce environment, management style and the nature of the duties assigned.

Management Style:
The relationship between the manager and subordinates is a very critical one, if the managers or supervisors are disrespectful or unconcerned about their subordinate’s emotions; the job satisfaction level is always going to be low, no matter what the other instrumental factors are. Nobody likes discriminatory treatment, insulting remarks or overly authoritative behavior. Employees should feel at ease in the workplace, therefore the supervision should not unnecessarily violate the comfort level.

Workforce Environment and health issues:
Bad working conditions includes (but of course are not limited to) bad lighting, insufficient ventilation, hot temperatures or any other kind of health hazards. If the workers’ health is at risk, they can be anything but satisfied. These concerns should be solved on first priority basis without waiting for someone coming up with complains. In addition to the physical safety, working environment should also be able to provide mental peace. Issues like overly aggressive supervisors, bullish co-workers or impractical work targets can ruin the peace of mind.

A good salary package can nullify various minor issues:
Probably the most influential factor in job satisfaction is the remuneration one gets for his job, a reasonable pay will compensate for many hitches, for example work overload, overtime or even a stressful job. Job satisfaction is directly related to remuneration packages and dissatisfaction mostly come up when a worker feels that he is not being appropriately compensated for the work he is doing for the company.

Apart from these factors, there are some other weighty elements as well, for example job security, overall economic conditions, growth opportunities or work/life balance. If you are experiencing high turnover rate, workers taking excessive leaves or low productivity, then you must look into these factors.

Source:
Wholesale
Wholesale Products

How to deal with employee's high turnover rate

Turnover rate is the ratio of employees leaving the company (or some specific industry) in a given period. A company or industry has high turnover rate when the workers of that company tend to ditch their jobs more often than the employees of other companies (in the same industry). Some industries and jobs have high turnover rates because of the nature of work, however if your company has a high turnover rate than your competitor and you are not able to sustain your employees with you, there maybe something wrong with your policies. In case you don’t pay attention, not only you will be loosing your good employees to your competitors, your business will also suffer from high costs of attracting, recruiting and training the new staff.

Atmosphere and working conditions:

At certain workplaces, you will feel the tense atmosphere as soon as you put your feet in, reason can be strict management or unrealistic targets. Being a manager, it is necessary to maintain some discipline but some managers overdo it by importing rules straight from the books of military. For many individuals (especially fresh graduates) it becomes really hard to adjust in this kind of atmosphere.

Working conditions are linked with health related issues. Light, ventilation, air conditioning, heating systems and safety measures are some of the basic requisites. Sometimes, improving your high turnover can be as simple as loosening up some rules or dealing with some unhealthy environment issues.

Salary & Growth Opportunities:

Excessive work, no incentives and low salaries, these are all grounds for a high turnover rate. Employees are here to earn, and their morale is directly related to their income. If you are expecting them to give their 100 %, you should be giving back in form of good enough salaries. Your salary packages should be competitive if not the best in market. A good salary package will make up for many other factors, but if the salaries are low from the market standards, nothing can hold the employees for long. Similarly, motivating employees by providing growth opportunities is also necessary.

Choosing the right candidate and the nature of the work:

If your recruitment and hiring process is flawed, you are destined to have a high turnover. Many small businesses, in a hurry to fill out vacant positions, hire some unskilled individuals, thinking that he/she will learn the traits with the passage of time. Such hiring is nothing but wastage of time, both for employee and employer. The interviewee should have complete knowledge of the skills required for some particular job, and the successful candidate must be having most of them, if not all.

Sometimes the reason for high turnover is the nature of work, for example the jobs that require night shifts or excessive late sittings. These types of jobs are not suitable for everyone; hence turnover rates are often high in such jobs. These are just some of reasons, apart from looking into these areas; you can communicate with your employees to get the idea if they are having any reservations.
Source:
Wholesale