Sunday, 6 December 2015

Why Use Employment Agencies

Finding a job is not easy as most job-seekers know. It takes time, effort and planning. Effective job searching is a skill that very few can easily master. One the other side of the coin, employers realize that finding suitable employees, can also be time consuming and relatively expensive.

Employment agencies are dedicated to filling the need of both parties. Employers can use the services offered by employment agencies to save some of the time and strain on resources to find the right employee, while the job seeker has access to all the information, services that may be offered without any cost by many of the employment agencies.

When a specific skills set is needed, many organizations will enter into a contract agreement with placement services firms, who may also be known also known as recruiters. The recruiters conduct the search to find people with the desired skills, and matches potential employees with the vacancy. Potential candidates are screened before they are recommended for interviews with the employer.
There are different arrangements that can be made with employment agencies. For companies seeking senior-level managers, they may choose agencies that specialize in finding executives, or an executive search firm, that can sometimes be derisively referred to as a head-hunter. Executive search firms are usually retained by larger corporations, in much the same way that lawyers are retained, and called upon to perform required tasks.

Agencies involved in job searches must now abide by a code of ethics that are governed by regional authorities. A set protocol and standard procedures must be applied when conducting searches for higher level employees. Search agencies that are retained are usually private companies that specialize in specific areas. They may normally provide services for much of the private sector.
The arrangements made that employers make with executive search firms can be convoluted, but it can offer one big benefit to the job seeker, and in most cases it costs nothing, although there may be circumstances where the job seeker may choose to pay for the services offered by the agency.

Employment agencies may charge the company for finding the employee, or they may enter into arrangements that return a percentage of salary as compensation. The rationale may be that the level of employment correlates to the difficulties to be overcome in the employee search ostensibly indicating, that higher level employees with the appropriate skills set may be harder to find.

If you are able to find suitable employment, without having to pay any agency fees, by all means you should do so, but in some cases, agencies may ask the job-seeker for compensation for assistance in finding a job. Choosing a suitable agency depends almost entirely on your personal preferences and circumstances. More efficient assistance may come from an agency that specializes in your field of work, but with the shrinking degrees of separation, it may be possible to establish connections that are totally unrelated.

If you are looking for temporary work, it may be to your benefit to register with agencies that handle full time workers, and vice-versa.

Looking for headhunters or want to become a top headhunters in Singapore, visit Recruitplus today. Click Here. A marketing strategy blog for smes by Scotts Digital.

Friday, 4 December 2015

The Many Different Kinds of Business Entities According to a Small Business Consultant

Businesses today can be classified as being one of a handful of different kinds of business entities.
 The general classifications are as follows: a sole proprietorship, a partnership (under which it can fall into one of three categories - general, limited, and limited liability partnership), a corporation, or a cooperative. These, however, are only the general types of business entities, as different countries also have their own different types of business entities. For instance, in Chile there are four types of business entities, in Indonesia there are ten, while in Luxembourg there are only two. For those looking to start their own business, classifying their company as an entity can be a harrowing task in itself, which is why a business plan consultant is vital.

Being that there are so many different types of business entities out there, a small business consultant is necessary whenever a business owner wants to set up a company. Here is a look at two main types of business entities.

Corporation
There are many businesses in the world today that can be classified as being a corporation. According to the Reference website, a corporation is "a legal entity that is created under the laws of a state designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from its owner." As per R. C. Clarke's book entitled "Corporate Law" and Henry Hansmann's book "The Anatomy of Corporate Law," a corporation has four distinct core characteristics:
- Legal personality
- Limited liability
- Transferable shares
- Centralized management under a broad structure

A significant characteristic of modern corporations is the limited liability enjoyed by its owners, shareholders, and employees. If the company should fail, either through a lack of small business consultant or another reason, they are not directly liable for the losses or debts the corporation incurs: investors only stand to lose their investment while employees will lose their jobs, the debt will not be carried over.

Limited liability company

A limited liability company is a relatively new addition to the types of business entities covered by a business plan consultant. According to LLC Reporter, the limited liability company got its start in Germany in 1892 when the government passed a law authorizing the creation of Gesellschaft mit beschrnkter Haftung (GmbH), a forerunner of modern-day limited liability companies.

A modern limited liability company is a very flexible type of business entity sharing the
characteristics of a corporation, a partnership, and a sole proprietorship. The characteristic it shares with a corporation is that it has limited liability, while the characteristic it shares with a partnership is that it can have "pass through income taxation." This is where an entity's income flows through to its investors and owners.

A limited liability company, due to its flexible nature, can choose to be taxed as a sole proprietorship, a partnership, an S corporation, or a C corporation.

Any business owner keen on starting up his or her own company would do well to talk to a business plan consultant first, as these professionals know the ins and outs of business entities, whatever type they may be.

Search for job consultancy in Singapore or executive search firm,visit this page. A marketing strategy project by Scotts DIGITAL

Tuesday, 1 December 2015

Why You Should - Not To Take A Job Offer!

Welcome to the 21st century, where the job interview process has stretched from an average of a couple weeks to a month, in the 20th century, to a few weeks to months, for some jobs now. A process that often includes several visits to facilities, meeting multiple managers, decision-makers and associates, and, nowadays, engaging in choices of vocational, behavioral, and other types, of pre-employment testing and measurements; not to mention credit and insurance and deep background investigations. Whewww... after such an effort, it seems only a fool would not accept a job offer.

But, between the meetings, interviews, testing and conversations and credential checking, lurks some primary business issues, which, if revealed, could be good reason to turn down a job offer from a firm who matches the criteria reported below; even if you tend towards accepting the job, at first glance.

For instance, employee turn-over. The U.S. Bureau of Labor Statistics reports that an average 20%+ annual employee turn-over rate is common for businesses here in this country. What if you discover in your job-interview process that the firm with which you are currently interviewing has a typical 50%-60%-70% rotation-out-the-door of new employees? Inquire in the interview as to why such a result is occurring. Unless the explanation makes sense, you may find yourself seeking another new job before the year is out.

Another common difficulty, when gauging the value of a job offer you have worked hard to receive, is the word-on-the-street, scuttlebutt, rumors, gossip about the company. Maybe their stock is about to take a dive. Maybe upper management is ready to be replaced. Maybe the company has rendered its finances to a shadow of its once healthy shine. Many issues may arise when you perform your due diligence to investigate any potential employer. Do not assume the company is viable simply because they have long held a respected public profile. This is true for large corporations as it is for local and regional employers. Do your research.

Often times, during the investigations mentioned just above, one may discover that the company making a job offer has a bad or questionable reputation regarding some (or many) aspects of their business. Could be they treat their employees well - on the surface - but you discover their healthcare coverage elicits unusually high premiums to be paid by employees, thusly reducing actual spendable income, as compared to the employment dollar offer tendered. Maybe the quality of their product or service is in question. Or they are known for heavy-handed marketing techniques. Ask around. Seek conversations with current employees beyond those with which you interview. Talk to recruiters about it; maybe even competing firms. Seek out inside comments on the behaviors of the business.

This next job offer issue is a more private issue, one each job candidate must face when an elevated income arrives along with their fresh, new job offer. Facts and long history confirm that too many job-seekers accept job offers primarily for the money. "Show me the money," is a popular phrase. But when that higher salary brings with it a job that doesn't move an employee ahead in their career, or when that job is essentially a case of under-employment, one without challenge, even boring, then the likelihood of the new employee finding themselves disenchanted, dissatisfied, just months later - the money takes on a tone of unimportance. Recruiter statistics confirm that nearly 50% of under-employed workers leave their jobs.

And when such a job, as described immediately above, includes long, arduous, unending hours of labor, weekends away from home, greatly limited vacation-time (even when those days are supposedly available for use, but never accessed due to unending labor requirement) or near-constant work-related reports, follow-up, phone calls, text-messages, emails, etc... That's when one's quality-of-life is in the trash-bin. Trading one's sense of accomplishment and job-satisfaction for constant employment related labor is usually a recipe for physical, mental and emotional exhaustion. Typically, after only months, or a year or two of such activity, the resume is dusted off and updated and the whole job search process begins again.

Take heed to the scenarios above, that they do not throw up road blocks to your long-term career goals and employment needs. A job offer should bring both the employer and the employee the things they each require to thrive. When it does not, or when other issues, such as those mentioned above, cloud the decision-making process of an informed job seeker - think twice before accepting a job offer.

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