Tag Archive for 'financial crisis'

New survey reveals shift in employee sentiment as more companies cut pay and perks

Published on July 8, 2009 in Business Tips, Employee Monitoring and Misc. 0 Comments Tags: career, company, concession, cup pay, employee sentiment, financial crisis, financial situation, Glassdoor, loose job, perks, survey, work, workplace.

Glassdoor is a ?career and workplace community where anyone can find and anonymously share salary details about specific jobs for specific employers or company and interview reviews describing life on the inside of an employer?.

They are conducting regulate surveys regarding employers and employees matters. The latest study revealed that in the latest period there was a shift in employee sentiment due to the companies cut pay and perks. Indifferent if this is a consequence of the actual financial situation it?s a fact that regards all of us.

The survey revealed that more and more employees are willing to make concessions, such as working more hours, pay cuts and unpaid leave and all these for being able to keep their jobs. It was interesting to observe that especially the younger employees are most willing to make concessions than the older ones.

Some of the statistics says that:

“41% concerned company will lay off others in next 6 months; about 1 in 4 thinks “they” could be laid off

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Is crisis gone or we’re getting used with it?

Published on May 5, 2009 in Misc and Productivity. 0 Comments Tags: concern, economical crisis, financial crisis, Productivity.

Everyone talks about crisis, everyone wants to find out more about it and specially more about how to get over it, how to survive the current economic crisis. As a consequence, in the last month, April 2009, Google has been bombarded with millions of searches (approximately 4 millions) about financial and economical crisis and recession.

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Taking a look at the last 12 month searches related to these terms we can see Continue reading ‘Is crisis gone or we’re getting used with it?’

Managing stress during financial crisis

Published on March 24, 2009 in Business Tips, HowTo, Misc and Productivity. 2 Comments Tags: bill, diet, economy, financial crisis, financial stress, manage stress, phisical, psihical healthy, stress, stress poll, stress researches.

Lately, I?ve met more and more people concerned about their workplace situation and job position. Poll results from previous years showed that the people were living with extreme stress and the main source of stress was the work.

This is a well known fact, but what we don?t know is that the stress level has increased significant during this financial crisis. Accordingly to a non-scientific poll 70 % of the participants confirmed that ?Yes, I’m very stressed about it right now!? and only 10 % said that the financial crisis does not influence their life at all.

?Financial stress can cause your whole cardiovascular system to be off,? says Louise Hawkley, PhD, associate director of the Social Neuroscience Laboratory at the University of Chicago.

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Bureau of Labor statistics: productivity decreases while costs increase

Published on March 11, 2009 in Misc and Productivity. 0 Comments Tags: annual rate, Bureau of Labor, costs increase, cut jobs, decrease, financial crisis, productivity cut down, recession, statistics.

For the fourth quarter of 2008, the news is not so pleasant regarding productivity and costs in the economical sectors. It seems that the financial crisis involving cut jobs, made economy sensitive and vulnerable.

The statistics for this period made by the US Bureau of Labor indicates that productivity cut down at a 0.4 percent, while costs increased at 5.7 percent more than the prior predictions. The problems will continue to appear as long as companies will cut jobs in order to reduce costs. In this way, the labor markets will confront with more problems because consumer will limit its further spending magnifying the risk this recession may be even worst.

This productivity decreasing firstly surprised the economists who were expecting an increase with 1.5 percents and not a 0.4 percent decrease. As a consequence, a revision for the annual rate is required considering that the estimated dates indicate rises of 3.2 percents. A comparison chart for all sectors is available on the official site of Bureau of Labor, starting with 2004 until 2008 and the differences are significant. Unfortunately at this moment no one can certainly say how and when this recession will end.

Saving time or saving money?

Published on March 3, 2009 in Business Tips and Misc. 0 Comments Tags: financial crisis, free up time, ROI, save money, save time, time is money, time management.

This question came in my mind while I took part to a forum discussion regarding some business strategies. The idea was that some strategies involve more time, others involve less and the ROI might not always be archived. 42-18715239

Supposing that there is no way to have both of them, choosing only one is quite a difficult job.? Like a friend of mine said, it is just like the dilemma: what came first the egg or the hen? Everybody loves money because they can buy you time; having a bigger budget you could use it to save time and use the time to “create” other tasks and make more money.
The reason why we can?t have both is because these two have an inverse relationship. One decreases when the other increases. Things that save time cost money, while earning money takes time. Continue reading ‘Saving time or saving money?’

Is Twitter going to charge business users?

Published on February 11, 2009 in Misc. 0 Comments Tags: comercial accounts charged, financial crisis, market the brand, twitter, twitter charging companies.

It seems that this is going to happen. It?s not an unexpected decision considering that many companies are using Twitter in order to market their brands. Businesses have found it very useful and had many benefits from it, but now it?s seems that Twitter has find a way to take advantages. Or maybe the financial crisis has stroked even Twitter and looking for solutions they found that this is their best way of facing it.

“We are noticing more companies using Twitter and individuals following them,” Stone said. “We can identify ways to make this experience even more valuable and charge for commercial accounts.” (Source)

The subject regarding the costs was avoided the only mention was that individual users would not be charged. At this moment is quite interesting what companies will decide regarding this matter, how high will be the costs and how many of the commercial account will still be active. For example the computer giant Dell told that its “Twitter sale alerts” have added up to about $1 million in revenue, which is quite a deal. (Source)

Productivity issues and financial crisis

Published on January 12, 2009 in Misc. 0 Comments Tags: boost productivity, complete goals, financial crisis, how to face financial crises, increase productivity in financial crisis, reduce costs, small business and financial crisis.

Financial crisis is practical related to a diversity of situations in which some financial institutions or assets are unexpectedly losing an important amount from their value. Among time there were different financial crises but each time companies and people learned how to fight against it using different methods.

The financial crisis is definitely changing the world, all the way down to small businesses.? Companies? managers need to deep analyze their stats before taking any action. Their act will affect later the productivity, either in a good way or a bad way. After a good situation analyze where questions like ?Exactly how much do you own right now??, ?What are the consequences of not paying?? are regular, than you need a detailed investigation of options and only after following these steps they can take further actions.

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