Despite millennials’ record $1 trillion of debt, they may be better off than Gen X
Millennials have more saved for retirement and have less credit-card debt than Gen Xers did at the same point in their lives.
© iStock.com/karenfoleyphotography Australian Accounting Firm Offers Employees 12 Weeks of ‘Life Leave’ to Strike the Perfect Work-Life Balance
What would you do if you could take a three-month vacation each year? Would you book a flight to Hawaii, catch up on your favorite Netflix shows, or simply spend some quality time with your partner, kids, or dogs? The employees at one Australian accounting firm undoubtedly have a few ideas about how to spend the six to 12 weeks of “life leave” they will soon be granted.
As Travel + Leisure reports, Ernst & Young Oceania decided to introduce more flexible work hours in an attempt to attract and retain top talent. “We’re innovating so we don’t lose these people while they pursue passions outside of work,” company official Kate Hillman told The Independent. Hillman went on to cite volunteer experiences, training programs, and even a trekking trip to Nepal as different ways that employees might take advantage of the new policy, which goes into effect April 1.
Hit by an arrow, mobile phone dies saving Australian man
Hit by an arrow, mobile phone dies saving Australian man
Employees can either use their leave all at once or split it into two smaller vacations. The only catch is that the leave is self-funded—so it’s essentially an unpaid vacation. Still, if someone has the burning desire to backpack through Europe for a couple of months, or work on a project, it’s a safer option than quitting their job only to return unemployed and broke.
In addition to this policy, employees can choose to reduce their hours to a part-time schedule for up to three months each year. Parents may also choose to take advantage of a term-time arrangement, which lets them work regular hours when school is in session, then take time off during school holidays.
According to the firm’s research, flexibility at work boosts employee engagement by 11 percent. There are plenty of other reasons to take a vacation, too—not the least of which is evidence that time off may help you lead a longer, healthier, and happier life. Plus, you’ll come back refreshed and motivated, so your boss will be happy, too.
‘It makes no sense’: Toronto woman with no debt calls out credit score swing, credit report errors
Robin Harvey was surprised to see a drop in her credit score, despite paying off a large credit card balance in full. She was even more surprised to find the same old errors in her credit report.
[h/t Travel + Leisure]
15 signs your job may not be secure [Photo Services]
Are you no longer invited for important meetings? Have your colleagues been avoiding you? Research suggests these might be indications something is not quite right at the workplace and your job may not be secure.
Excluded from important discussions
According to Lynn Taylor, a workplace expert interviewed in this Time.com article, if your boss or coworkers do not invite you to important meetings, fail to include you in key mails and don't ask for your advice on work matters, it may be a sign that something is amiss at work.
Assigned less work
She also believes that if there is a significant decline in the number of projects assigned to you or you find your responsibilities are being offloaded to colleagues, these are signals that something is not quite right.
COMMENTARY: When should you hire an expert to do your taxes?
Now is the time to decide whether you should hire someone to fill out your forms or do them yourself, says accounting professor Francois Brouard.
Bad performance review
Michael Kerr, an international business speaker, told this Business Insider article, that while receiving negative feedback once is not an issue, such feedback in conjunction with other signs is cause for concern.
Difficulty in coping with the job
Both Taylor and Kerr concur that if there is a lot of stress at the workplace with an overbearing boss and organizational politics, it seems like you're being set up to fail.
Work relationship with boss has gone sour
Taylor explains that when your boss starts to constantly micro-monitor your work or it seems difficult to approach him/her via email, call or text without getting a cold shoulder, this could be a warning sign.
Apart from a verbal warning, if you have received a formal written warning from your boss more than once, it is a clear sign of trouble.
Everyone makes mistakes but some are alarming. Breaching your employer's trust or doing something that costs your company a lot of money or goodwill doesn't sit too well with management, as suggested in this Business Insider article.
Is Canada flirting with the dreaded ‘R-word’?
Is Bill Morneau whistling in the dark with his assertion that Canada is not in recession, nor is it heading into one?
No promotions and reduced perks
Robert Dilenschneider, author of a career self-help book, says, in this Time.com article, that if you get constantly passed over for promotions and your perks are being reduced, you might be in trouble.
Strange behavior or gossip from coworkers
Your colleagues start avoiding you and you are no longer invited to professional and/or social events.
Pay cut or leave of absence
Kerr says that a pay cut indicates your job isn't valuable to the organization and it's likely you'll either be demoted or asked to leave. The management could also ask you to take time off work.
A new management or merger creates an air of uncertainty and it's not uncommon for the company to lay off some of its employees, according to Amanda Abella, a career coach quoted in this Huffington Post article.
If management is watching how you spend time when you’re at work and keeping a closer than usual track of daily expenses, it isn’t a good sign, according to Dilenschneider.
Difficulty working with your team
It is important you fit into the company’s work culture and that you be good at working in teams. If you’re unable to do so, or unable to accommodate to a colleague’s style of working, it is sure to disappoint your boss.
Families of elderly are asked if they can take loved ones home
Family members of people staying at some of the province's not-for-profit nursing homes were asked whether they would be able to take their loved ones home or pay to hire private care. A strike has been avoided for at least two weeks, when a panel of three justices from New Brunswick's highest court will hear an appeal to essentially determine whether nursing home workers have the right to walk off the job. In the meantime though, nursing homes are preparing for the worst, putting families at the centre of the dispute.
A similar job has been advertised
According to Metro, your job may be in danger if you find a vacancy similar to your work profile advertised by your employer.
Access to data is restricted
Management tends to restrict access to certain accounts, intranet or data if it has plans to let someone go. If your passwords suddenly don’t work or you’re locked out of systems you had access to earlier, it’s a warning sign.
TV's longest-running dramas, ranked.
"Law and Order: SVU" was just renewed for a landmark 21st season — here are the other longest-running dramas on TV.