Career 02 (Apr 10 - Apr 12)

Career 02 (Apr 10 - Apr 12)

Postby winston » Fri Apr 02, 2010 9:47 am

If your dominant intent is to feel joy while you are doing the work, your triad of intentions—freedom, growth and joy—will come quickly and easily into alignment.

See your "career" as one of creating a joyful life experience. You are not a creator of things or a regurgitator of what someone else has created or a gatherer of stuff.

You are a creator, and the subject of your creation is your joyful life experience. That is your mission. That is your quest. That is why you are here.


--- Abraham

Excerpted from the book "Money and the Law of Attraction: Learning to Attract Health, Wealth and Happiness" #396


Source: abraham-hicks.com
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C'mon in when boredom strikes! 2 (Nov 09 - Apr 10)

Postby kennynah » Sun Apr 04, 2010 9:08 pm

for those of you with relocation experiences arising from a work posting, especially having worked in the local office for some years...

what would be some of the important questions for the HR Department?

eg..

a) Taxation issues
b) Accommodation
c) Expatriate remuneration terms
d) Home leave

what else?

Thanks in advance...
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Re: Career 2 (Apr 10 - Oct 10)

Postby winston » Sun Apr 04, 2010 10:13 pm

Hi K,

In addition to the list, you may need to look at:-

1) Portability of Retirement Plans; I ended up with Retirement Plans in 3 different countries

2) Moving Expenses; Staying in a hotel in the home country for one or two days while the movers pack. After the move, they will need to stay in a Service Apartment for about a month before the furniture arrives, as well as to have some time, to look for accomodation at the new location.

3) Schooling for Kids / Transportation Arrangement

4) Taxation - Advise and Annual Filing at new location; Tax filing in Home Country if necessary.

5) Tax Equalization to a lower tax regime area eg. HK & Spore

6) What's the treatment for Deferred Bonus Shares Plan ?

7) What's the treatment for Monthly Shares Purchase Plan ?

8) What's the treatment for Stock Options ?

9) What's the notice period for Involuntary Termination ? In addition, any notice period must coincide with the end of the school year of the kids. Example: If the school year of the kids ends in June, they should not fire the guy in Febuary and expect him to leave within 2 weeks. Happened to a friend of a friend and the kid's schooling were affected.

10) What's the notice for Voluntary Termination by employee.

11) Insurance Coverage / Health Insurance / SOS / Dental Plans etc.

12) If the expat wants to use his housing allowance to pay for a mortgage at the new location, what's the arrangement ?

13) Better to have a 3 or 5 year contract. That way, both parties can plan properly.
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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Sun Apr 04, 2010 11:03 pm

solid Winston !!! many thanks...very useful :!:
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Re: Career 2 (Apr 10 - Oct 10)

Postby millionairemind » Tue Apr 06, 2010 9:47 am

Apr 6, 2010
NTUC probes labour mystery
Men tend to retire in their 50s; getting them to continue working will boost workforce

By Sue-Ann Chia
THE labour movement aims to unravel the mystery of why a relatively large number of men tend to quit the workforce in their 50s, instead of staying on until the retirement age of 62.

Official manpower figures show that the labour force participation rate for men dips after age 50.

There is no data on the reasons behind this dip, a trend which the National Trades Union Congress (NTUC) intends to study in its bid to get more older men, as well as women, to work longer.

But NTUC deputy secretary-general Heng Chee How suggested on Monday that 'some men may want to take it slow after taking out their CPF at 55'.

Hence, the NTUC will start a programme in three months' time to encourage both men and women in their 50s to work beyond 62, said Mr Heng at a seminar on re-employment issues.

The 'Back to Work for Active Agers' programme will be rolled out once the NTUC determines the factors driving people out of the workforce; and works out which industries have the largest exodus of older workers.
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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Tue Apr 06, 2010 9:53 am

why wana make old people work until past 62?.... they should be doing things they enjoy beyond working for others... NTUC..better you just concentrate on selling cheaper rice and salt...
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Re: Career 2 (Apr 10 - Oct 10)

Postby BlackCat » Tue Apr 06, 2010 6:50 pm

Who TF will employ you when you are over 40... let alone over 50?
I wait until there is money lying in the corner, and all I have to do is go over there and pick it up.
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Re: Career 2 (Apr 10 - Oct 10)

Postby kennynah » Tue Apr 06, 2010 8:29 pm

you ask who?

macdonald's lor...clean table, sweep floor...

make them entrepreneurs...sell tissues at hawker centres...

guard buldings as security guards....

sell kopi over counter at koufu....

those above 60 years old will eventually become Senior Sweepers and those after 70 become Sweeper Mentors

very meaningful jobs to keep these old folks occupied.... such endeavour is the multimillion $$ ministars' yearly workplan..
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Re: Career 2 (Apr 10 - Oct 10)

Postby winston » Sat Apr 10, 2010 9:04 am

6 Job Search Mistakes You Can't Afford to Make
By Dr. Paul Powers, psychologist, author of "Winning Job Interviews" and "Love Your Job!"

In any economic climate, job hunting is nobody's idea of fun. And with the growing number of folks hitting the bricks these days, it seems the task is getting even harder. But that's not precisely true, because the actual job-hunting strategies and techniques remain the same in any climate. What is bothersome, however, is that the process is likely to take longer. This leads to increased stress: financial stress, physical stress, emotional stress and family stress.

Most people do not perform at their best in stressful situations. They get tired more quickly, they get frustrated and run out of patience, and they make mistakes. Here are six job-hunting mistakes frequently made during a recession.


Mistake No. 1: Feeling entitled

In the new economy, your stellar background, great track record, prestigious degree and glowing references guarantee you nothing. The new employment paradigm is, "What have you done for me lately?" You must be constantly developing your skills and talents, broadening your interests and driving your career development. If you don't, you may well be left behind.


Mistake No. 2: Focusing on yourself, not the employer

Spend your time finding out which of a potential employer's needs are unmet instead of touting your brilliance. Saying, "I need a job" is irrelevant and depressing; that's your problem and has nothing to do with why this organization is hiring. Uncovering an employer's problem areas demonstrates your bona-fide interest, and offering your solutions demonstrates your critical thinking, creativity and approach to problem solving. This is how to get hired.


Mistake No. 3: Taking rejection personally

Face it; there are a lot of jobs you are not going to land. Use rejection as an opportunity to assess and build your job-hunting skills. Evaluate what you could have done better in your research or interview or with your follow-up. If you aren't getting rejected regularly, then you either aren't working hard enough to get your foot in the door or you're applying for jobs beneath your capabilities. No employer makes a decision not to hire you; they make a decision to hire someone else who did a better job of selling himself or herself into the position.


Mistake No. 4: Focusing on your age

It is human nature to focus more on one's perceived weaknesses as opposed to one's strengths. This is especially true for people in the job hunt. Younger folks worry about not having enough experience; older folks worry about looking overqualified. If you don't want a potential employer to focus on your age, make sure you focus on what strengths you bring to the party: energy, track record, endurance, patience, technology skills, people skills, creativity and work ethic. Sell yourself based on what you have.


Mistake No. 5: Looking for a silver bullet

Some job hunters swear by recruiters; others by online job postings. The latest buzz is that social networking sites are making all other job-hunting techniques obsolete. There is no one best way to job hunt. If you want to increase the effectiveness of your job search, you must spend more time on it and use every technique in the book. This means answering print ads, responding to online job postings, contacting recruiters, cold-contacting potential employers, networking your brains out and using social networking sites to pursue all of these strategies. Sorry, there are no silver bullets or genies in a bottle.


Mistake No. 6: Absorbing too much news

Yes, there's a recession. Yes, a lot of folks are out of work. And, yes, finding a job is a hard job in and of itself. But, no, the sky is not falling. And yes, if you work hard and long enough at it, you will land a good job. The media's motto is, "If it bleeds, it leads." Bad news is their stock in trade. You will never see a story about company hiring back 10 workers or a person who landed a great job after a rigorous job hunt.

A regular diet of bad news will convince you that no one is hiring (untrue), that you should avoid employers that have had layoffs (bad strategy) or that maybe you should just move to China (bad idea unless you speak Mandarin). Get out, have some fun, work at keeping your energy and spirits up, and network with optimistic people.

Eventually this recession -- like all recessions -- will really be over and you'll be better prepared for (gulp) the next one.

http://msn.careerbuilder.com/Article/MS ... &gt1=23000
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Re: Career 2 (Apr 10 - Oct 10)

Postby millionairemind » Fri Apr 23, 2010 12:48 pm

Published April 23, 2010

No planning, but they want to retire early


By TEH SHI NING

HALF the working Singaporean population has yet to make financial plans for retirement even though three in five wish to retire by age 60, a new survey by global financial services firm Russell Investments has found.


'These findings are somewhat startling,' said Mahendran Nathan, Russell's chief executive for Asean, Hong Kong, Taiwan and India, who thinks they reflect a lack of awareness of the need for retirement planning and thought over what an increased retirement age might imply.

The desired retirement age of 60 reflected in the survey's results is shy of the current statutory retirement age of 62. Singapore's government has been preparing companies for the rollout of new re-employment legislation which will effectively raise the retirement age to 65 by 2012, and 67 eventually.

Russell, which offers retirement solutions among various investment products and services, commissioned Nielsen Company to conduct an online poll of 500 fully employed Singaporeans aged 35 to 55, for their views on financial security in retirement.

Mr Nathan's concerns stem also from the survey's finding that the average age at which Singaporeans tend to embark on retirement planning is 59.

Only 40 per cent plan to develop a comprehensive retirement plan, and fewer still (20 per cent) plan to consult a professional financial adviser. The majority of respondents said their financial preparations include setting aside fixed funds as savings for retirement (70 per cent) and purchasing additional medical insurance (80 per cent).

But Singaporeans are not unconcerned about their retirement finances. Close to 65 per cent fear that they might outlive their money, while 70 per cent think it 'very likely' that they would need to take up part-time employment after retiring. After CPF funds and insurance payouts, part-time employment takings were the third key source of retirement income Singaporeans intend to rely on, the survey showed.

Russell's report noted that Singaporeans 'still view retirement as an exercise in austerity'. More than half of those polled expect to change spending habits and cut back on expenditure post-retirement. They expect the bulk of their retirement income to go to living and health-related expenses, leaving only a small proportion to spend on traditional retirement lifestyle goals such as vacations and entertainment, the report said.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
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