High Vacancy Rates Leading to Excess Office Space

By Andre Nixon

Job Vacancy Indonesia, Employee, Vacancy 

There is currently an excess of office space in Las Vegas leading to a high rate of vacancy. The rates are in the range of 17 to 19% which is very high. The financial meltdown in U.S had affected the real estate domain pretty badly, leading to shrinkage in demand of office space in Las Vegas. In the year 2008, the work space required touched a low figure of 637,800 square feet. People need to wait till the end of 2010 for the vacancy rates to get lower and approach the normal rate of 10%. New office products are already being visible online in the current year which is a healthy change from the past year. With so much work space lying vacant, the construction work of many executive office suites has naturally been kept on hold.

The vacancy rates have already started to decrease and new employment opportunities are being created gradually. With the currently pending constructions works again being started, one can expect many of the ongoing projects to be completed within the next 9 to 12 months. The market is thereby expected to stabilize along with recovery in all the major industrial and financial domains. With the prevailing uncertainty, offices owned by banks are involved in most of the sales being done now. Banks are also trying to seize this opportunity by concentrating on sale of office space in Las Vegas. They are enhancing their portfolios with competition from the private players being less. The private bodies / individuals are waiting for the situation to be better.

It is worth mentioning that in 2008 the commercial real-estate markets were facing a major credit crunch. But in the current financial year, the previously hesitant financial institutions are offering real-estate loans to those possessing adequate quantity of equity and having a good credit / business history. Currently the credit card companies are following a safety-first approach and keeping their money intact. The earlier they start relaxing this approach the faster can the business recovery in office rental and office space be achieved. The average rental charge of office space in Las Vegas is about $2.5 per square foot. Many projects have already been completed, like the 65,000 square-feet Hughes Airport Center, the 144,300 square-feet Eastgate Plaza II (Houston), etc.

Commercial offices are right now apprehensive of buying any office properties and are rather willing to get office space on lease. With every passing day, one can notice an improvement in the housing market situation. Executive office suites are mainly being provided in Henderson, Summerlin, Central Vegas, and near the airport. The highest vacancy rate was noticed in the northern part of Las Vegas with figures touching an abysmal 31.6%. Although any category and size of business can get office space in Las Vegas, commercial / business real estate is not much in demand in downtown Las Vegas. Shared office space, temporary work space, furnished units, serviced units are all provided in Las Vegas by the real estate agents / brokers. Monthly and short-term lease options are being preferred by businesses rather than long-term leases.

Activity for Better Communication: Team Building Activities

By Tom Harry

Job Vacancy Indonesia, Employee, Vacancy  

As more and more people spend at least half a day at work, team bonding and Team Building has become the need of the hour. More and more people are realizing the importance of Team Building. Most people spend more than 9 to 10 hours at work and they need to release their stress. Most projects and task involves a strong and bonded team that can perform well. Most teams end up with below par performances largely due to either lack of communication or co-ordination, this is where most big companies face problems. Proper Communication and co-ordination is the key to a well-managed company. Hence, more and more companies are investing in Team Building Activities like team parties, picnics and other such activities to keep the environment friendly and stress free.

Team Building Activities need to be fun, but at the same time, they need to impart wisdom to your team. Your team should get to learn and understand the importance of unity and integrity. Team Building Activity must have a clear objective. The objective can be anything from communication to co-ordination or even efficiency. With every team building activity, your employees/subordinates must progress as a stronger team that performs with much more efficiency. You must organize Activities that will help them overcome their weakness.

There are many Team Building Activities. However, you need only those activities that will make your team stronger. Here's how you start developing better communication between your employees/subordinates

Start with analyzing what are the pros and cons of your team. You do not require wasting your precious time on activities that will help improve their plus points.

The objective is to concentrate on the negative aspects. Most Teams face communication problems. The activity given below is easy and can be organized every week:-

The basic problem with communication is that most people are embarrassed to talk about their problems with others and at the same time it is very embarrassing for that one person to listen to his negative aspects.

Hence, the first step is to create an environment where nobody is scared to talk or communicate. You can have people write name or names of their team members with whom they are facing communication problems.

Now, collect the chits and play this game. Make all the other members talk about why two people in your team are facing a communication problem. As the other members talk, the two prospective members cannot utter a word and will simply sit and listen.

The other members of your team will also give a solution to how they can communicate better.

This game could be played every week with multiple team members and will help resolve many work related issues. You will also see an improvement in your team building and how everyone is making an effort to create a friendly and stress free environment. This activity will also help everyone learn about each other and know each other better.

Human Resource Management: Types of Training and Benefits in the Work Environment

By Hakan Samad

Job Vacancy Indonesia, Employee, Vacancy 

Basic training in HR management helps those who are beginning in their career to understand the responsibilities they will assume in their role. Those who work in HR must develop their knowledge in every aspect of human resource management, including compensation and benefits, orientation, training, development, employee relations and performance management.

Human resource management positions often require that HR professionals further develop their skills in specific areas such as labor relations and behavioral interviewing, as well as specialized training in employment law and diversity. Today, the human resource manager is not the person responsible simply for hiring workers and keeping their personnel file up-to-date as they were two decades ago; this is why it is essential that individuals gain the skills and knowledge necessary today for effective human resource management.

In today's workplace environment, it is not uncommon for a company to have an entire HR management team responsible for hiring the right individuals for specific jobs. This team may also designate the responsibilities of an employee and detail the tasks assigned to that employee. Without an effective human resource management team, a company is likely to have a hard time building an exceptional group of workers who are dedicated to the betterment of the company.

Effective human resource management may consist of several individuals responsible for different roles within the team such as manager, director and generalist. The primary responsibilities of human resource management in general lies in meeting the interests and needs of the company, while meeting the needs of the workers simultaneously. Organizations are constantly changing today; HR management must constantly evolve as well in order to adapt to changes and remain resilient, keeping the focus on the end result for the company as a whole.

In short, today's human resource management team is often considered a strategic partner; those who work in the HR manager capacity often contribute to developing business plans across the organization as well as accomplishing objectives. It's easy to see that the role of HR management runs the gamut from hiring and training individual employees to protecting the reputation of the company; those in HR management often find themselves managing or navigating disputes or disagreements between managers and employees in order to come to a solution.

Human resource management today encompasses all aspects of an organization's people, their activities and their needs, which often includes everything from recruiting and hiring to performance management, employee relations, building strong teams and leadership.

The Passive Job Seeker is Golden

By Phil Adamo

Job Vacancy Indonesia, Employee, Vacancy

Especially in today's economic environment, employers are becoming increasingly "choosy" with regard whom they hire... and rightfully so. With the unemployment rate reaching highs that we have not seen in decades, more and more job seekers have resorted to "fabricated enthusiasm" in hopes of impressing recruiters. These candidates are willing to settle for a job they are less than passionate about, while waiting for a career opportunity for which they are truly qualified to come around. This makes for a not-so-happy employee, and one with the potential to infect his or her coworkers. This becomes costly for the employer who has needlessly wasted time, energy, and money on an employee who is unlikely to remain long enough to justify the investment.

As a recruitment advertising executive with more than 25 years experience, let me share an important lesson that I learned though working with some of the most successful staffing professionals in the industry. It is simply this: The best candidates for any position are ones who are already employed in a similar or parallel position, and who are not unhappy with their situation. Just because they are not actively seeking a new job, however, does not mean they are not open to opportunity when it knocks. The question is, how do you reach the passive job seeker.

While career websites are a vital tool for recruiters, I have to believe that someone who takes the time to go on such a website is actively looking for a job. Does that make such people bad candidates? Of course not, but it does suggest that career websites are unlikely to provide more than a very limited number of the passive seekers described above.

Daily Newspapers, on the other hand, can be very successful tools for reaching the passive seeker - especially those who commute. And guess what? These people are commuting because they are going to work... because they are employed! Advertisements in national and regional dailies have performed very well at bringing these passive job seekers to our clients.

Using metropolitan New York City as an example, many of our clients advertise in such prominent dallies as the NY Times, Post, Daily News, and Newsday on a steady basis, especially those looking for top-notch salespeople and healthcare workers. Another excellent vehicle for reaching the passive seeker is the daily newspaper, amNewYork. Distributed at no cost at commuter venues throughout New York City and its suburbs, amNewYork enjoys a huge commuter circulation.

What about younger candidates who appear to be losing interest in the print media? Some magazines already have interactive editions compatible with such platforms as smartphones and the new iPad. These turn print advertisements into live videos that are certain to attract the younger demographics. And as augmented reality applications help transform the print media into entry portals for web-based interactivity, they are bound to recapture a substantial share of the younger audience. They will undoubtedly find ways to dazzle those of us in the older demos, retaining our interest as well.

So, if your entire recruitment strategy is based on career websites alone, you may be missing out on a pool of ideal candidates. Only by integrating your online efforts with the print, radio, and television are you likely to find the golden goose, and not just one of an army of unemployed people eager to double park for a while on your dollar!

Successful Job and Career Searches

By Anifa Williams

Job Vacancy Indonesia, Employee, Vacancy

Searching for a new job or career doesn't have to be painful or agonizing. Your success will depend a lot upon your approach. Are you familiar with current hiring trends? Do you know exactly what position you are targeting? Are you just desperately in need of a job, any job? How do you presently find positions? Are you equipped with a good cover letter and resume? Do you have good references? Are you able to explain any inconsistencies in your resume? How flexible are you with salary and benefits? How far can you travel geographically? These are only a few questions to ask yourself before starting your job search. You will need to understand that finding a job could easily turn into a full time job and it's important for you to have a system in place that works for you.

The main three sources to find a new job are online jobsites, networking through friends, family members, present and former colleagues and checking the yellow pages. I realize most people don't check the yellow pages for jobs unless they are looking for a temp agency or permanent placement career firm. There is more to the yellow pages online and offline than jobseekers realize.

Online Jobsites are the most common places to find jobs right now. They are available in several categories. You can search jobsites based on your location, industry, ethnicity and salary requirements. You can also limit your search to full time, part time, per diem, freelance, telecommuting and shift preferences. Most of these sites offer candidates the opportunity to post their resumes online to be viewed by potential employers with vacancies to fill.

Depending on your qualifications and what you are looking for, you can easily narrow your list of sites to monitor to three. It is best to have at least one local site that you can count on for positions close to home. The national job boards will attract more attention and more competition. With the current state of economy, many jobseekers will relocate for the right position. If you monitor a site that is only known in your area you will limit the chances of high competition compared to a national advertising.

Networking might not be the most common way to find a job, but it is one of the best ways. When a position becomes available the first people to know about it are the employees. Many times before a job is even posted it will be filled. I accepted a position this way many years ago. A co-worker was leaving the company we worked for and before she left, she placed a post it note in front of me and winked.

The process required very little effort on my part. I updated my resume, contacted her friend who was the president of the company, interviewed for the position and in a matter of days accepted an offer. My co-worker had already given me a stellar recommendation so my new boss didn't even check the references I provided. In a matter of weeks I started my new position with a great company, better benefits and a wonderful group of people. It was a good move in more than one way. Within months my former company had a massive layoff.

As I mentioned above the yellow pages aren't usually the first place anyone looks for a job. However, if you are creative, patient and targeting a specific industry, the yellow pages can be your best friend. I worked for a brokerage firm several years ago. An announcement was made that the department I worked in was on track to be closed. Like most of the other employees, I quickly started looking around for another position. After moving to another department was eliminated as an option, I then looked in certification so I could work in another capacity in the same industry.

After acquiring my certification I took two days off to spend time with the yellow pages. I knew my industry so I knew what companies to target in my job search. I also created a geographic range. When I was finished with my criteria, I got on the phone and called every company in the yellow pages that fit the description. I politely asked whoever answered the phone if their company was hiring for the position I wanted, requested email addresses, fax numbers and contact names. Before returning to work after two days, I had been on four interviews and accepted a new position.

Part Time Job Vacancies

By Balajee Kannan

Job Vacancy Indonesia, Employee, Vacancy

Taking up a part time job is a good enough idea for several people who want to work, gain relevant experience utilize their skills and yet at the same time meet their other personal obligations and responsibilities too. There are several students, home makers, stay at home moms, the elderly who are fit enough to work and have the requisite few hours to put into productive work.

Demand:

The market for part time job vacancy in India is booming as more and more companies realize the benefits of having a part time employee. They need not pay them all the benefits of the full time employee and are able to get the best work too.

Sectors:

There are several job vacancies available in India such as in the BPO and IT sectors, teaching, hotels and tourism, advertising and the financial sectors too. In fact, if you research right you will find that all possible sectors have fabulous vacancies that you can tap into. These job vacancies allow one to be able to study and yet earn substantial amounts of cash and experience too, the kind that will certainly hold you in good stead when you start looking for a full time job. This job is a good enough option to be able to manage work life balance and seems to be a wonderful option for many people. Also, with a this job one can take up another job too, study, or pursue an interest or hobby other than work. These jobs in India offers you the best of flexibility options and time for yourself.

 

Finding Job Vacancies in Finance

By Mark Andrew Woodcock

Job Vacancy Indonesia, Employee, Vacancy

If you are interested in a career in finance there are many different options available to you. Fields within the finance industry where you can find job vacancies include corporate finance, insurance, accounting, financial planning and real estate. Finance is one of the most lucrative industries to work in and there are many opportunities for dynamic and dedicated people. Here is a sample of the some of the main roles available within the field of finance.

Jobs in Corporate Finance

Corporate finance involves working for companies and helping them to create strategies for growth, protection of cash flow and selection of investment opportunities. Within corporate finance there are many job vacancies available for financial officers. A financial officer helps to increase profit margins for the company, designs financial policies, manages cash flow and works with investors and shareholders.

Jobs in Insurance

Insurance is a massive industry in the United Kingdom and throughout the world. The demand for insurance professionals is enormous and there are many different job vacancies available within this category. Roles include administrative support, sales, management and information technology.

Jobs in Real Estate

Job vacancies within the field of real estate focus on roles in areas such as construction, brokering, property development, insurance and leasing. Real estate finance roles are very similar to corporate finance roles, however, there is a higher degree of specialisation involved in this area.

Jobs in Financial Planning

With the current global instability in the financial markets, many businesses and individuals face tough challenges. Financial planning job vacancies are increasing because of an increased demand for financial advice and support. It is necessary to operate within a strict code of ethics, have a good credit rating and be licensed with the relevant authorities that govern financial planners. Most financial planners have accounting degrees, work as accountants and then move into offering specialised financial advice.