Employee Compensation Packages for Startups

Employee Compensation Packages for StartupsEmployee Compensation Packages for StartupsEmployee Compensation Packages for Startups ConlanHiring your first employees to help build your new business means its time to figure out what your startup compensation structure will look like. The question is, where do you begin to help your small business compete on compensation?Small businesses often struggle with designing a compensation strategy that is comprehensive and competitive enough to attract top talent, says Alice Chin, founder and CEO of Your Other Half, a human resources and operations firm that helps small businesses.Deciding where to spend finite resources can be difficult though, especially for business owners who have never designed startup compensation packages before, Chin says. Here are several tips to make it easy to determine startup employee compensation and keep your new employees happy.Consider your Compensation OptionsAs an entrepreneur, you already have some experien ce with being flexible, so apply that same approach with your startup compensation structure.Consider structures that promote additional work towards company objectives like bonuses and commissions, which can reduce fixed salary costs but still meet prospective employees needs, Chin says.In addition, since most small-business employers are not required to provide benefits, ask yourself whether you need to do so. This money might be better spent on cash compensation or company culture, Chin says.Finally, keep in mind the age and experience level of your prospective hires. Younger employees tend to value things like culture, perks and work-life balance, while more experienced workers care more about traditional benefits, like 401(k), Chin says.Be TransparentThere isnt always a culture of transparency around compensation, but Pierre-Renaud Tremblay, who has sold three startups and is now CFO and co-owner of Dupray, says a policy based onopen salaries can avoid significant headaches in the future.If the top employee earns X, then the lower employee should earn X minus Y, based on experience and other factors, Tremblay says. Transparent startup compensation packages can keep everyone on the same page and avoid misunderstandings or disappointment, he says.However, if you use transparent contracts, avoid guaranteeing long-term employment or substantial severance payments to anyone, because doing so can hamper innovation or change, says J. Bryan Wood, who practices employment law in Chicago on behalf of employees and small businesses.Hire For Fit and MissionTake a cue from the next generation of business owners is redefining small business management who often prioritize soft skills and building a vibrant company culture. Tremblay agrees with this approach. He says people generally arent prioritizing money when they take jobs at startups. People work at startups because they believe in the idea, the project and the people, he says. If you have those properly aligned, then the startup compensation package will be a smaller consideration. Instead, look for ways to spend on boosting a culture that will attract the kind of employees youre looking for, he says.Be Mindful about EquityFinally, think carefully before sharing equity, Wood says. While its often seen as an easy to way to round out a startups salary structure, its not always a good fit.Not every employee needs or wants to become an owner, and owners may not want every employee as a co-owner, Wood says.Instead, consider sharing profits through incentive compensation plans, which can be just as useful in attracting and retaining talent as a part of startup employee compensation.

Corporate Guarantee FAQ - United States

Corporate Guarantee FAQ - United StatesPersonal/Corporate Guarantee FAQ - United StatesWhat is a Guarantee?What is a guarantee?A Guarantee is a contract where someone agrees to be responsible for the debt or obligations of another person (the debtor) in the event that the debtor defaults on the debt. This guarantors obligation is limited to the debt that is the subject of the guarantee.What are the benefits of using a guarantee?Guarantees benefit both the Lender (Creditor) by allowing the Lender to provide a loan with assurances from the Guarantor that it will be paid back. The Debtor also benefits because he is able to obtain a loan where it might otherwise be difficult to secure a loan without the guarantee, especially if the Debtor has a poor credit rating or no collateral to offer the Lender.DefinitionsWhat is a limited guarantee?A limited guarantee is a guarantee that is limited to a specific dollar amount (e.g. $25,000).What is acceleration?If the Debtor fails to make the agree d upon payments when required, then he has defaulted on the loan, and the Lender can take action to recover the entire loan amount immediately from the Debtor and/or the Guarantor.What does acceptance of the guarantee is waived mean?This phrase means that the Guarantor is bound by the terms and obligations of the guarantee even if the Guarantor does not receive notice of the Lenders acceptance of the guarantee.MiscellaneousIf I am the Guarantor of a limited guarantee, what happens if the Debtor borrows more money than I have agreed to guarantee, but the Debtor cannot repay the loan?You are only liable for the debt up to the value of the limit imposed upon the guarantee. The Lender would only be able to go after the Debtor for any amounts over the limit.If the Guarantor is an executive with a corporation, does this make it a corporate guarantee?It would be a corporate guarantee if the executive is acting on behalf of a corporation (the guarantor) when he agrees to be responsible for the obligations and debts of the Debtor. If the executive is acting in his own capacity, then this would be a personal guarantee.As the Guarantor of a continuing guarantee, what debts am I liable for?You are liable for all obligations of the Debtor, including future debts owed by the Debtor to the Lender, even where the anfangsbuchstabe debt has been repaid.Attestation and Signing DetailsDoes the guarantee need to be witnessed by someone?Yes, someone that is not a party to the guarantee should witness and sign the document. Most jurisdictions require that a notary public witness the execution of the guarantee. However, some jurisdictions allow any person to witness the guarantee provided that person does not benefit from the guarantee or loan in any way.What is a notary public certificate?Some jurisdictions require that the guarantor acknowledge that he executed the guarantee and understood the terms of the guarantee. This acknowledgment is made in front of a notary public.

Be like Betty White How a likeable demeanor can translate into a lifelong career

Be like Betty White How a likeable demeanor can translate into a lifelong careerBe like Betty White How a likeable demeanor can translate into a lifelong careerThe gig economy has not only changed the way many of us work day-to-day, it has also turned the notion of any sort of long-term corporate career on its ear. These days, a six-month project might seem long-term to some, while it might have been deemed a training period in decades past.Yet some people are able to navigate workplace changes and constantly reinvent themselves to stay relevant in every job market.Consider the trailblazing Betty Marion White Ludden, AKA Betty White, who according to Guinness World Records, has the longest television career of any female entertainer. With about 75 years as a performer and producer under her belt, White welches also the first woman to produce a sitcom and named honorary Mayor of Hollywood way back in 1955. Whites iconic and Emmy Award-winning roles included Sue Ann Nivens on The Mary Tyler Moore Show (197377), Rose Nylund on The Golden Girls (198592) and Elka Ostrovsky on Hot in Cleveland (2010-15). Now 95, the Emmy-award winning White was also the oldest person ever to host Saturday Night Live (in 2010 when she was 88). She once said Retirement is not in my vocabulary. They arent going to get rid of me that way.So, what makes Betty White so beloved by people across all ages and life stages and what can we learn from her incredible career trajectory?Its okay to be likeableBeing nice in the workplace is sometimes seen as a sign of weakness, so people - especially women or younger workers might try to toughen up their personas or approach, to mixed results.Theres a huge difference between being nice and being a pushover, and Betty White exemplifies the perfect balance between remaining sweet while sharp as a tack.The key to remaining likeable without losing your edge, according toCarey Pinkowski, CEO of Chicago darbietung Management, is to respect the humanity o f everyone with whom you do business. From CEO to coordinator, we are all the same at our core.Pinowski says he builds being nice into his outlook despite managing some of the most competitive events in the nation.Ive managed to be a nice person while leading the Bank of America Chicago Marathon and navigating the cutthroat global sports world for more than 25 years.Pinkowski says hes learned to do this by witnessing the messy and beautiful resilience, perseverance and competitiveness delivered by 40,000 runners who take on 26.2 miles.Age is relativeWith so many career guides aimed at millennials, and those over 40 sometimes made to feel out of touch in the workplace, it can be easy to lose hope sometimes of having an extensive or robust career.According to my quick calculations, White started her role as Elka Ostrovsky on Hot in Cleveland when she was 88 years old- a full 23 years past the average retirement age in America. Meanwhile, at age 91, Queen Elizabeth is still the ruling monarch in the U.K. and at 84, Supreme Court Justice Ruth Bader Ginsburg remains a force to be reckoned with. Its nice to know that even in a youth-obsessed culture, you dont have to assume that your age is the only thing that defines your professional viability.Choose OptimismSome people use snark as their weapon of choice. Others, like White, seem to always convey a sense of optimism.Despite her incredible life and career trajectory, White seems to always convey a sense of optimism and excitement about what comes next.Cantt connect to your rose-colored glasses? Consider adopting the belief that no matter how awful things seem in the moment, theres only one direction for them to go up.Theres always room for a situation to improve. When I meet somebody and it doesnt go well, I come away from the situation feeling optimistic it can only get better, said Pinowski.I recently spoke with an 88-year-old woman who told me a bit of her fascinating history, which included being orphaned whe n still a toddler being imprisoned as a political prisoner when she was only 20 and becoming a widow and single mother to three young children before she was 40.The T-shirt she wore during our conversation was emblazoned with the glaubenszeugnis Dont live in the past. The best is still ahead of you.Its not a sprint, its a marathonIm sure youve heard that expression way too many times, but in the quest for the next raise or title upgrade, some people stop paying attention to the things that build character and set the foundation for a career - and fall victim to bouncing from one job to the next.The entire world has changed around her, yet White has managed to adapt to the times while staying true to the formulas that brought her the most success. Sure, she had some bombs along the way (The failed Golden-Girls spinoff show,Golden Palace,comes to mind), but those dont define her. Its her long-term success and consistency that stand out.Its not about youIn an interview with The Hollyw ood Reporter in 2010, White was asked the most important thing shes learned in her life.Her response? Professionalism.Its not about you, its about everyone. Dont take yourself too seriously. Come to the set prepared and dont act like you know more than anyone else or youre more important than anyone else in the production. Which is true for any work environment, no matter your title or pay-grade.Do what you loveIn that same interview, White gushed about her extensive philanthropic work.Well, you know, I have to keep acting so that I can afford to keep doing my charity work said White, whos been involved with the Los Angeles Zoo and the the Morris Animal Foundation for more than 4 decades. Im actually the luckiest old broad alive. Half my life is working in a profession I love and the other half is working with animals. I couldnt ask for more.

Sales Representative, Other Job Description Sample

Sales Representative, Other Job Description SampleSales Representative, Other Job Description SampleSales Representative, Other Job Description SampleThis sales representative, othersample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Feel free to revise this job description to meet your specific job duties and job requirements.Sales Representative Job ResponsibilitiesAll sales representatives not listed separately.Sales Representative Job DutiesUpdates job knowledge by participating in educational opportunities reading professional publications maintaining personal networks participating in professional organizations.Accomplishes organization goals by accepting ownership for accomplishing new and different requests exploring opportunities to add value to job accomplishments.Sales Representative Skills and QualificationsMotivation for Sales, Meeting Sales Goals, Negotiation, Selling to Customer Needs, Te rritory Management, Closing Skills, Prospecting Skills, Professionalism, Internal Communications, Listening, Communication ProcessesFind out all TargetPost Administrative staff listing.Employers Post a job in minutes to reach candidates everywhere. Job Seekers Search Sales Representative Other Jobs and apply on now. Learn more aboutthe recruiting processIs Employee Compensation on the Rise in your Job Market?How to Write a Job Description Resource PageMaintain a Legal Hiring Process

Characteristics of Best Resume Websites

Characteristics of Best Resume Websites What You Must Know About Best Resume Websites When you begin with a creative resume template, you merely have to fall in your details to swiftly complete the approach. Resume templates can be useful in building your own resumes. Resume templates are merely 1 method to guarantee structure behind Your resume. Resume templates are only a single method to guarantee construction behind Your resume. Some templates offer guidance of what sort of lingo to be utilized and the type of jargon that ought to be avoided. They provide advice of what type of lingo to be used and the form of jargon which should be avoided. Next you will need to be koranvers youre being supplied fully-customizable templates. Next you will need to make sure youre being supplied fully-customizable templates. Ok, I Think I Understand Best Resume Websites, Now Tell Me About Best Resume Websites Also, it enables you to save your CV to Dropbox that makes the entire process very convenient. Your CV is going to be saved safely on the website and generating it is completely free of charge. It isnt easy to create a professional CV and thats why you need to find aid from a CV Builder verbunden. Instant Online CV is a top CV builder that will aid you by making the ideal CV for you. The Basics of Best Resume Websites All the info required isnt time-consuming. In the event you acquire any expert skill currently, then do not neglect to update it to your CV. Be as professional as possible even in regards to crafting a web site for your CV. The CV template educates you the way to format your Curriculum Vitae and allows you to understand what type of information has to be included. What Best Resume Websites Is - and What it Is Not The social networking integration and collection of portfolio template can help you to showcase your nature and abilities online. There are a lot of professional resume template that can be found on the web from which youll be able to make out some idea about how to construct a professional curriculum vitae using best resume builder websites. ConnectCV is another exact efficient online resume building tool free of charge. Balius personal resume WordPress theme is made for the best show-off Easy prompts help you produce the ideal job-worthy resume effortlessly Resume writing isnt difficult and you dont need a Specialist Resume template or possibly a free resume maker to locate a productive template for resumes that youve created yourself. Creating a resume may also take longer because you should customize your own resume template. If youre overwhelmed by all the choices, you can also just use one of several terrific templates. Very little work is required, and you may begin receiving new job offers on a normal basis. When youre asking for work, youre typically requested to submit a resume and cover letter, or perhaps your LinkedIn profile. Depending what industry youre in, it is best to continue to keep your online resume as easy as possible. The template is an ideal fit for people to create a CV, resume or portfolio site, together with for smaller agencies. The Best Resume Websites Stories You are going to want to send a builder Invoice anytime you total work for a customer and you want to go paid. Its better to use the proper tool for the appropriate job. Its very likely to refer to a resume website to learn more regarding the skills necessary for a specific job. Its very likely to refer to a resume website to discover more concerning the skills necessary for a particular job. Life After Best Resume Websites Simply you have to sign up to begin creating your resume. Test out the CVitae template if you wish to use the popular parallax design and produce an impression on potential employers. Utilizing a free resume builder is just one of the quickest and simplest approaches to compose a resume today. It is simple to develop and simple measures to follow. The Up side to Best Resume Websites There are lots of ideas, tutorials and sample Resume available to become perfect idea for making your Resume. There are many methods to make your private site. When youre able to communicate all the important information in under a moment, you know that youre doing something right Despite how the totally free template is self explanatory and easy to use, there are a few basic tips that could enable you to think of a winning CV. Introducing Best Resume Websites Or simply link the companies that are prepared to work with to your website. Youre also unable to print your resume straight from the site or import an existing resume. 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Use your retail job to launch your career

Use your retail job to launch your career Use your retail job to launch your careerPosted June 12, 2012, by Aziza GreenIf youre a university student, theres a good chance youve worked in the retail or customer service industry to cover your living expenses and bills. Your student job may not be directly relevant to your qualifications and career aspirations, but thats no excuse to be apathetic about it. You can use this work experience to develop new skills, give your resume substance, and demonstrate to future employers that you have initiative and a healthy work ethic. When businesses employ new graduates, theyre not expecting them to have much, if any, industry experience. What theyre looking for are key qualities and traits, in plus-rechnen to excellent academic qualifications. Theyre also looking for that little bit extra that tells them that a graduate is a great catch who will blossom into an excellent employee. When you treat your student job as more than just a pay cheque , you can find opportunities to take on more responsibility and start developing a professional mindset. Approaching your part-time role in this way will help you to secure an excellent reference and stand out from the rest of the graduates applying for entry-level jobs. HR manager Jo Copeland recruits and trains sales and customer service staff for Gloss Accessories. She recommends that as a casual employee, you build confidence, integrity and life skills. Strengthen your emotional intelligence and you will develop quickly within a company. Here are the key skills that you can develop in retail, which will get recruiters attention.CommunicationJust about every career requires communication skills whether it be for abspracheing with customers, presenting to groups or communicating with co-workers. Recruiters want to know that you can communicate effectively with people both verbally and in writing, in a variety of situations. According to Copeland, Communication is the most im portant skill we look for in retail sales assistants. If you can demonstrate your effective communication skills in your part-time job by your ability to listen, understand requests and instructions, provide information and deal with difficult customers youll be highly adept and sought after by the time you have to apply for those graduate jobs.Ability to meet targetsAs a salesperson in a retail environment, your main responsibility is to meet sales targets by selling products to customers in the store. Meeting and surpassing your companys sales targets benefits the business and helps you to demonstrate that you can achieve results. You can improve your sales outcomes by providing great service, researching sales techniques, and asking for advice from top sales performers in the business. Build rapport with customers so they become regulars. If your organisation has employee of the month or top salesperson awards and incentives, strive to get the gong so you can include it in yo ur resume.InitiativeEmployers want a recruit who is proactive someone who can binnensee a problem and takes the initiative to find a solution. You can demonstrate this characteristic in your current workplace by helping with tasks that support your manager and the business, even if they are not necessarily in your job description. Take the opportunity to give a little extra in your role. If your manager looks really busy, ask him or her if you can help with any tasks that they have. This could include ordering stock, managing the roster system or communicating with other staff members. You may not get the most exciting tasks, but its this kind of helpful, can-do attitude that will win you friends and future jobs.Customer serviceCopeland notes that a lack of confidence is common for people who start out in retail. We are dealing with very young girls and guys, finding their place in life and society. The people who lack confidence are the ones who lack the ability to successfully give high quality customer service. Working with customers every day will help you to develop strong customer service skills, and confidence, that can take you far in your career. The ability to remain pleasant and friendly in a high-volume environment is indispensable in any work environment. Most customers are a pleasure to serve, but every retail worker has had their share of unpleasant and at times unreasonable customers. Though the experience can sometimes be uncomfortable, having the ability to remain calm and resolve customer grievances is invaluable. This demonstrates to your potential employer that you can interact with others appropriately and professionally, with tact and diplomacy.Leadership and self-managementEven if its just a part-time job, take on leadership responsibilities where you can. Having proven leadership skills may give you an edge in your graduate job applications. This may be as simple as asking for more management tasks or taking the opportunity to t rain for a leadership role, if you plan to be with the company for some time. Management or leadership roles will mean more responsibility, but the experience will demonstrate that youve got the goods to be a high achiever.Working in a teamMany people underestimate how important the right cultural fit is for employers looking for a new recruit. Full-time employees spend more time with their work colleagues than anyone else. Smart employers understand that their business needs the right mix of skills and personalities in order to function well and retain staff. Everyone loves a team player. Do your best to get along with your co-workers and stay away from work gossip and drama. You can also demonstrate your sociable and warm personality by organising social events, sports or activities for your team at your current job. These dont have to be structured or even regular events, but making the effort will show that you understand the importance of professional relationships and inclus iveness. Study while you work check out your full range of study options here. For more specific sales and retail skills, study business, communications or marketing. Certificate IV in Retail ManagementStudy modeansprechbarPayment optionsPayment planUpfront paymentEnquire Online Enquire OnlineRetail ResourcesHigh school student resumeHigh school student cover letterCareer Insider StoriesShelley Lask - Body Positive Health & FitnessInterested in becoming a?Team LeaderDepartment ManagerRetail Cosmetic AssistantCustomer Service ManagerRetail ManagerPopular Career Searchesretail courses of melbourneretail courses in perthadelaide retail courseonline fashion retailgovernment funded retail courseRetail CoursesCertificate III in Customer EngagementEnquire Online Enquire OnlineCertificate IV in Customer EngagementEnquire Online Enquire OnlineAziza GreenRelated ArticlesBrowse moreWORKFORCE TRENDSWoolworths creates jobsAfter a dire week for Australian employment, a glimmer of hope from re tail giant Woolworths who have announced the creation of an extra 7000 jobs this year.WORKFORCE TRENDSMore women wanted in car salesWomen with sales experience take note the car sales and services sector wants you.StressWellbeingMental Health In The WorkplaceAn overbearing boss, unpleasant working conditions, unrealistic targets, personal health issues, and more can all affect our mood and stress levels in the workplace. Looking after your mental health should be 1 on your list of professional priorities, heres our tips for improving your workplace wellbeing.