Monday, April 20, 2020

Tips For Creating a Successful Admin Assistant Job Description Resume

Tips For Creating a Successful Admin Assistant Job Description ResumeWhen you decide to search for a job that you are qualified for, one of the things that you must do is prepare a resume for an admin assistant job description. This job description consists of an official company requirement sheet that you need to fulfill when applying for this job.You will find a document for an administration assistant job description on a company website. The requirements for this job description include being twenty-four years old, having a bachelor's degree in accounting or a related field, possessing legal permission to work and have a clean criminal record. You can fill in these details on the online form provided by the company so that the potential employer can get the best out of your application.This form will be divided into different sections and with the help of the formula that is used, you can figure out the basic structure of your resume. If you want to create a resume with informati on that will be relevant to the position that you are applying for, read the section that will correspond to the requirement you are required to fulfill.If you apply for a job description that is related to information management, it is important that you study the information management section that you are required to fill in. Other sections that you can include in your resume are the personal background section, skills and references section, work experience section, interview section and the skills test section.You should remember that the administrative assistant job description is divided into several parts like design, development, software, and overall performance. The requirement sheet that you have to fill in will also include these sections that will give you a better insight of what you will have to do on a daily basis. These sections may also include sections for the position description, salary rate, education, references, references and other details about the positio n.Some companies also provide information about the daily and at-home duties that you will have to carry out including the responsibilities in terms of day-to-day responsibilities. Each part of the job description should be listed on your resume. This will give you an idea of what you will have to do if you want to succeed in the organization that is hiring you.By completing this form in the most effective manner possible, you will be able to show your knowledge of the organization and skills that you possess. You can easily upload your resume to the web-based database of the organization so that the hiring staff can view it easily.

Tuesday, April 14, 2020

Employee Stock Options What You Need To Know

Employee Stock Options What You Need To Know What You Need To Know If Your Job Offers Employee Stock Options Employers sometimes offer employees employee stock options. Those options can often represent a large percentage of the employees compensation. Sometimes, they even represent the largest share of compensation. And weve all heard stories of people who became millionaires just on their stock options. Does that mean that employee stock options are always a good thing? In some situations, thats true. But in others, it can be more hype than substance. What are  employee stock options? Employee stock options, also known as ESOs, are stock options in the companys stock granted by an employer to certain employees. Typically they are granted to those in management or officer-level positions. Stock options  give the employee the right to buy a certain amount of stock at a specific price, during a specific period of time. Options typically have expiration dates as well, by which the options must have been exercised, otherwise they will become worthless. As an example, an employee may be granted an option to purchase 2,000 shares of the employers stock at $100 per share. This is referred to as the strikeor exercise-price. The employee will be unable to exercise the options until they are considered to be vested. This is similar to the vesting of  employer matching contributions to a 401(k) plan. The stocks are not owned by the employee until the vesting period requirement has been met. An employer can set up a multi-year vesting schedule. For example, the employee may be vested in 400 shares each year, over a space of five years. That means that the employee would be vested in the first 400 shares after one year of service, than 800 shares after two years, and so on, up to 2,000 shares. One of the purposes of a delayed vesting schedule is to keep the employee with the company for several years. Each year, the employee will be able to exercise the options. That means that she can purchasethen sellthe stocks included in the option. Naturally, the options will only have value if the market price of the companys stock is higher than the exercise price of the option. In our  example, the employee would not want to exercise the option until the market price of the stock exceeds $100 per share. This is another incentive for the employeeit will motivate her to perform at a higher level, in order to help boost the value of the companys stock. Lets say that the value of the companys stock is at $150 after one year. The employee can exercise the option to purchase 400 shares at $100, or $40,000. She can then immediately sell those stocks on the open market, for $60,000, leaving a $20,000 profit on the exchange. This is why stock options are often considered to be attractive method of compensation. The entire transaction can be completed seamlessly by the employee. The employee only needs to decide to exercise the option, and both purchase and sale are handled by the employer. In such a situation, the employer may simply issue a check for the difference between the market price of the stock and the exercise price directly to the employee. The employee doesn’t have to come up with money out of pocket to exercise the optionthe stock is already hers. The benefits of employee stock options There can be huge financial benefits that come from employee stock options. Higher-level employees can often convert their options into six-figure and seven-figure profits. In such cases, the profits from stock options can exceed their base salaries. In some companies, key employees can receive options over many years, and even throughout their careers. That holds the potential for the employee to become a millionaire just on stock options alone. In a strong, growing company that has a steadily advancing stock price, the payoff is almost unlimited. In such cases, it may be in the employees best interest to accept stock options in lieu of salary. The  pitfalls of employee stock options As attractive as employee stock options can be, and have proven to be for a large number of employees, there are some significant downsides. They are often offered by start-ups Employee stock options are often offered by startup companies because they cannot afford to pay market level salaries. If you accept such a package from a startup company, and the companys promise fails to live up to expectation, the stock options you receive may never exceed the exercise price. Should that happen, the options will be worthless. The companys stock could collapse Sometimes this happens because an entire industry sector falls out of favor. Other times it happens because the company itself falls out of favor. It could be that one of its main products is overcome by a competitor. But it could just as easily be the result of a major lawsuit, or a sweeping regulatory change. Once highflying company stocks sometimes do go downand stay downfor years at a time. There could be a multi-year bear market in stocks Even if a company is doing well, a multi-year bear market can depress its stock price. Should the market price of the stock become depressed after you are vested in the option, you will be unable to exercise the option. And if the market price of the stock doesnt recover before the options expire, they will become worthless. The employer can fail It happens in the business world, the company collapses after making a series of bad business decisions. In most cases, employees will simply lose their jobs. But if you accept employee stock options in place of salary, you will stand to lose a lot more. The reduced salary that you accepted will never be replaced. Termination prior to vesting Since a major reason for providing employee stock options is to keep the employee with the company, you can lose the options if you quit or are fired before you become vested. Should  you accept  stock options in exchange for a lower salary? Its likely that you’ve heard stories about people who became instant millionaires as a result of having employee stock options. And that certainly is true. But there are probably an equal number of cases where the options became worthless. If youre accepting a market level salary for your position, and are offered employee stock options, you should certainly accept them. After all, you have nothing to lose. But if you are accepting a lower salary for stock options, be sure that you have a strong understanding of your employers business, and especially where they are heading. A well-positioned company with bright future prospects can turn stock options into a gold mine. But if the company is at all shaky, the options could well become worthless. Do a good bit of homework, and get opinions from people who are in a position to know. The history of the company and its stock performance will hold a lot of clues. You will have to research your employer in much the same way that you would investigate a company that you were going to invest a large amount stock into. When stock options are the major reason to accept a job offer, the history and prospects for the company’s stock are as important as the job itself. Summary Employee stock options can be a nifty perk, but be wary if they make up too much of your compensation package. Do your research and see if the stock is worth the investment. If your employer is a startup, be careful and dont put all yours eggs in a basket that might unexpectedly go kablooey. Stock options in a startup might make you a millionaire; in the worst-case scenario they could end up costing you money. Read more: The Beginners Guide To Saving For Retirement Get Over Your Fear Of The Stock Market And Start Investing

Friday, April 10, 2020

3 Surefire Ways to Create an Unrealistic Resume -

3 Surefire Ways to Create an Unrealistic Resume - Lets start by saying no one wants to create a resume they know wont get them hired.  At least, lets hope no one shoots for this goal.  But sometimes, job seekers inevitably set themselves up for failure by creating unrealistic resumes.  Here are three ways to create the resume you dont actually want to submit: 1. Make Your Qualifications Unrealistic If you want to set yourself up for failure down the line, add qualifications to your resume that surpass your true capabilities.  Some people make the mistake of looking at the requirements found in a job posting, then duplicate them on their resume.  Without being able to back up those qualifications, the truth about your ability to fulfill the employers goals are bound to be revealed. 2. Include Unrealistic Details Regarding Your Background Another surefire way to make your resume unrealistic is by exaggerating your educational background or experience. If you attended a college for one semester, dont write your resume in a way that gives one to understand that you have obtained a degree.  And just because you were asked to manage a project that required you to also oversee a team of salespeople for two days doesnt mean you deserve the title Sales Manager. Employers will look for you to come with the expertise and wisdom you claim to have.  If you cant back up your statements, you could find yourself in a bad position down the line. 3. Say You Can Make a Commute You Cant Actually Make Sometimes we run across amazing jobs that just happen to be located 150 miles from home.  We want the job so badly that we go ahead and apply with no plans of relocating or making the commute.  Or sometimes we simply want to know that we could get hiredâ€"even if we dont plan to accept the position. If you know that you cant make a commute for a position and dont plan to move, dont say that you will on your resume.  Better yet, to avoid wasting everyones time, its probably a good idea not to apply at allâ€"unless youre sure the employer will allow you to telecommute. Being unrealistic is a normal human trait.  Unfortunately, it could make for a difficult job search if youre unrealistic while writing your resume.  Take time to think about what it is you know that you can contribute to positions for which you apply.  Taking this approach saves valuable job-seeking time and increases your chances of being hired. Jessica Hernandez, expert resume writer, is a nationally-recognized resume authority and former HR Manager who has achieved over a 99% success rate securing interviews with prestigious organizations through exclusive, personal branding strategies.  The President/CEO of Great Resumes Fast, she and her team partner with professional- and executive-level candidates.