I once listened in to a conversation over the radio where the presenter and co-presenter discussed lightly about job satisfaction. Although as an assumption, the co-presenter casually stated that a staggering 99.9% of people were dissatisfied with their jobs. The statement may have been a perception given its lack of researched evidence, but it did get me wondering. How important is the feeling that people have towards their jobs?Well in human resource planning, employee job satisfaction is a big deal. It is big enough to influence the work output of employees as well as a force to reckon with when it comes to influencing company productivity.Lots of research has been done to get to the bottom of job dissatisfaction, and here are some of the underlying factors:1. Relationship with supervisors – this is vital to the development and retention of an employee as supervisors are responsible for mentoring new employees and ensuring they adapt well with the work environment. A happy employee will eventually bring in his ‘A’ game and if relationships run sour at the initial stages, he or she will likely not build the satisfaction that will give the momentum to stay on.
2. Recognition for job performance – Employers who do not give credit where it is due will be at risk of losing reliable and high quality employees. By giving recognition, employers spark motivation among their employees which translates to satisfaction of the service they deliver every day.
3. Lack of a professional development policy – Professional development has a motivation element to it in that employees appreciate their employer’s commitment to their development. A level of satisfaction is also felt among employees as professional training tends to rid of redundancies and changes attitudes towards work.
4. The lack of an organization’s commitment to good working conditions – Employers should make an audacious plan to ensure poor working conditions do not lead to below average performance. It is not a secret that deplorable working conditions result in physical inconveniences and disrupts both physical and mental well- being. This plainly affects attitudes and in a big way influences job dissatisfaction.
5. Lack of good compensation – This is undoubtedly the number one cause of job dissatisfaction. Whether passionate, highly skilled or at a novice level, employers work for money. Hence if an employer gets an opportunity with higher remuneration, they will definitely quit. Therefore, employers need to offer salary increments, bonuses, and even financial incentives if they expect to retain their highly skilled workforce.Driving the agenda towards attaining job satisfaction should fall in place as priority if the factors are genuine. Both employers and stakeholders have a duty to provide a good work environment as required. Alternatively, they could as well ignore and face their own peril.
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How to Master Digital Photography
Introduction to digital photographyMake no mistake, digital photography is here, it’s big, and it’s the way things will be from now on. People use digital photography in their work every day:- police officers, real estate agents, insurance agents, fire fighters, scientists and doctors, just to name a few.Digital photography has come a long way in a few years. Digital photography, as opposed to film photography, uses electronic devices to record and capture the image as binary data. Digital photography has also been adopted by many amateur snapshot photographers, who take advantage of the convenience of the form when sending images by email, placing them on the World Wide Web, or displaying them in digital picture frames.Digital photography was used in astronomy long before its use by the general public and had almost completely displaced photographic plates by the early 1980s. Digital photography enables you to experiment with the camera settings, different styles of images can be tried out, learn t from and techniques improved all without the expense of film processing.Some other devices, such as mobile phones, now include digital photography features. With the acceptable image quality and the other advantages of digital photography (particularly the time pressures of vital importance to daily newspapers) the majority of professional news photographers have begun capturing their images with digital cameras.Other commercial photographers, and many amateurs, have enthusiastically embraced digital photography because they believe that its flexibility and lower long-term costs outweigh its initial price disadvantages. Almost all of the cost of digital photography is capital cost, meaning that the cost is for the equipment needed to store and copy the images, and once purchased requires virtually no further expense outlay.The biggest advantage of digital photography over traditional film include: Instant review of pictures, with no wait for the film to be developed: if there’s a problem with a picture, the photographer can immediately correct the problem and take another picture.For more info Click Here
Is It Best to Invest for the Long-Term, Intermediate Term, or for a Short Term?
There can be little doubt that investors have been pondering this question since the general public began active participation in stock investing. To add to the dilemma, Wall Street and Wall Street affiliated firms spend massive amounts of money pushing the newest and hottest investment-of-the-week. I think that it is important to realize that Wall Street’s goals and investors goals are not necessarily congruent.Of course, there has never been a shortage of scandals that have bedeviled Wall Street, and investors have generally ended up on the short end of the deal. Whether it was the recent financial meltdown that was a direct result of improper mortgage risk assessment by Wall Street bankers whose primary goal was to repackage the mortgages and sell them at a profit, as the recent credit evolved, or the never ending push to bring new, innovative, and profitable investments to the investing public, regardless of the welfare of the public. You must understand that Wall Street is dedicated to making money for its shareholders, and is definitely not worthy of investors blind trust.Against that backdrop, we must attempt to answer the question posed in the title of this article. What is the best investment strategy for every individual has to be considered on a case-by-case base. As a general rule of thumb, traditional thinking dictates that the farther you, as an investor, are from the time you will require the use of the money, the longer your investment horizon should range.But recent years have brought some change to that mode of thinking.Let me first issue a disclaimer, of sorts: I have been a long time institutional investor for most of my professional career. I was a swing trader in those days, and my trades ranged from one trading session to several weeks. In the last eight years I have narrowed the scope of my investing to primarily intraday trading, using scalping methodology. My average investment horizon is now about 15 minutes. Wow! That is a real change in investment thinking; but I am in all cash every night and I sleep like a baby.Where it 20 years ago, I would strongly recommend that younger investors take a long term approach to their investment strategy. I don’t feel that way anymore, for several reasons:- The ultra-fast dissemination of news through social media and traditional media has literally brought the world into our living rooms. By the same token, the markets receive data and react to that data nearly instantaneously. There can be no doubt that the rapid transmission of information across the globe has added a volatility component into the market that did not exist in prior decades.- Computer based trading programs, also called black box trading, and has had a profound effect on the price action of all highly liquid investments. High Frequency Trading (HFT) operators claim that, under current technology, they can execute 3,000 trades per minute. Further, the NYSE currently estimates that in the area of 50% of all trading fall under the category of HFT. This change of trend in trading has definitely affected the personality and performance of investment practices of the last 6-8 years.- Mutual funds, which are strictly longer term investment vehicles (excluding the ETF variety of mutual fund); have consistently underperformed their corresponding index returns with unprecedented uniformity. Last year, nearly 85% of all open end mutual funds failed to match their index benchmarks.Is long term investing dead?No, not necessarily. But the days of buying the current hot stock and then forgetting about it are long gone. Price volatility has driven the market to lavish highs and unprecedented lows, which has caused long term investing to be viewed as a far less attractive investment choice than in prior times.That is also my viewpoint.I manage my portfolio with a 2-year investment horizon. Given the current state of affairs in the world (two wars, the housing crisis, Japans nuclear issues, the euro crisis, the US economy), I am confident looking ahead only a couple of years, and the once vaunted USA economy cannot be counted on, at the present time, to churn out double digit returns. I feel this approach is well considered and realistic, given the current geo-political problems we are currently experiencing.So I have discouraged longer term investing, suggesting smaller investors concentrate on the intermediate term. I have taken the time to mention that I am interested in intraday (or, day trading) and most of my current investment (or trading) income comes from intraday trading. I prefer short term trading and about half of my portfolio in straight stock investing. I have outlined the reasons for this above. While short term investing takes a bit more time and effort than intermediate or long term investing, the rewards may be well worth the effort.In summary, we have taken some time to look at the pros and cons of long-term investing, intermediate investing, and short term investing. I have stated that in my current economic outlook, I am shunning long term investing in favor of investing with a shorter-term outlook.