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Money and Finance

Monster Salary Negotiation, Think it over

by Torres on Dec.07, 2009, under Life Tips, Money and Finance

interviewWhen you receive a face-to-face interview, make sure you had done enough homework for the job you apply. What range of your prospective job? Learn as many as possible about the company, the position or other kinds of information that could do you a favor when you get a offer from the prospective company.

Once your future employer makes you and offer you could bring up the compensation package. If you’re asked what are your requirments for the salary, tell that they are based on the position and the compensation package. Or ask the employer more about the responsiblities and the challnges will be met during working, then you could discuss the salary. (continue reading…)

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Tips on Phone interview

by Torres on Dec.02, 2009, under Life Tips, Money and Finance

With the progress of society,  more and more companies trend to make an interview through phone to cut down people to the face-to-face interview.

What make the company or recruiter turn to phone interview?
– cost is less.
–conveniet.Qestions could be standard.
–easy to control.

If you are a job hunter,  please pay more attention about how to handle a telephone interview which would help you to an interview in person.

Make sure you would prepare to interview,  such as compile you strengths and weaknesses,  also some typical question would be asked during the interview.

*Remember the item on your resume,  because recuiter would ask questions according to the resume they received. Keep in mind of you accomplishments which would discuss.  You’d better put the resume around the phone.

*Prepare a pen and paper around you can use during the interview.

*Stay in a quiet place to listen to the interview call.

*You’d better switch off you call-waiting during interview.  Some points need to pay attention during phone interview.

*Chew gum is not welcomed,neither smoke or eating.

*Keep smiling.  Smile would change your voice to let the interviewee feel you are happy to talk with him/her.Smile is useful for mostly of the time.

*Do not interrupt the interviewee. They don’t want someone who would interrupt them during the interview.

*Give the brief answer.

*Use the title(Mr./Ms)

You must keep in mind that the phone interview is try to cut down the unsatisfied person. Nobody could see you during the phone call.  So your goal during the phone interview is try your best to build up a face-to-face interview. Take note during the interview,  then after the interview you could get a feedback. Practice as more as possible before you would get a phone interview.And learn more about the companies which would call you.

Good luck!

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Citigroup plans to cut 53,000 jobs

by Torres on Nov.17, 2008, under Money and Finance, news

Citigroup, widely seen as the sickest Wall Street bank, will make some of the most severe cuts in the history of U.S. business – 53,000 jobs – as it tries to slash costs and get back to basics before it’s too late.

Those figures are posted on the company’s Web site as part of a town hall presentation that CEO Vikram Pandit is giving today to employees in New York.  According to AP, the Citigroup spokesman said the cuts would be across the board. It is not known how many of those job will be in Orange County.

The cuts, which will leave Citi about 20 percent smaller, are the latest step in a stunning remaking of the American banking landscape since the financial meltdown, an upheaval that has included the demise of storied investment houses and the conversion of others into commercial banks.

Citigroup CEO Vikram Pandit met with employees Monday and laid out the bank’s strategy in stark terms: “We are a bank. What does a bank do? A bank takes deposits and puts them to work by investing and making loans.”

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Sun Microsystems will cut about 6000 jobs

by Torres on Nov.14, 2008, under Computers and IT, Money and Finance, news

Sun Microsystems announced today that it will cut 5,000 to 6,000 jobs to align its costs to deal with the venerable economy. It will be one of the largest tech layoffs this year.

Sun said the layoffs announced today should allow the company to reduce annual costs by $700 million to $800 million, starting in its next full quarter. But it also said it will incur one-time costs of $500 million to $600 million as a result of the layoffs over the next 12 months.

The cuts at Sun had been predicted by some analysts, who were expecting the company to announce significant moves to shore up its business, especially after a Tennessee investment firm recently disclosed that it had bought 21 percent of Sun’s stock. Representatives of Southeastern Asset Management said last month that they planned to have discussions with Sun “and/or third parties” about improving the stock value.

Sun Microsystems is one of several computing companies suffering as companies and individuals spend less on computers. Companies have been forced to cut prices to compete for business as consumers’ purse strings tighten. Earlier this year, Dell announced it would sack 8,800 people.

And Dave Douglas will head a Cloud Computing & Developer Platform division, with cloud-based services including NetBeans and StarOffice.

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New Jobless Claims Jump to 25-year high

by Torres on Nov.13, 2008, under Money and Finance, news

The number of U.S. workers filing new claims for jobless benefits rose by an unexpectedly steep 32,000 last week to 516,000, the highest level since the weeks following the September 11, 2001 attacks, the Labour Department said.

U.S. imports fell by a record 5.6 percent in September and exports suffered their steepest drop since September 2001, narrowing the monthly trade deficit slightly more than expected, a U.S. Commerce Department report showed on Thursday.

Meanwhile, the U.S. trade deficit narrowed sharply in September as the wilting economy sent purchases of foreign oil, cars, and other goods made overseas tumbling.

In addition, the number of workers still on the benefit rolls after drawing an initial week of aid hit 3.9 million in the week to November 1, the highest since January 1983. (continue reading…)

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