Millennials and Gen Z spend more money because of social media

Millennials and richtung Z spend more money because of social mediaMillennials and Gen Z spend more money because of social mediaAmericans spending was fueled by what they see their friends doing, especially on social media, the 2019Charles Schwab Modern Wealth Survey revealed.Fifty-seven percent paid close attention to how their friends spent their money.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreMillennials and Gen Z were especially influenced by seeing how their friends spent their cash on social.While 34% of people were likely to spend money on an experience because of something they saw on social, 44% of Gen Z was, as was 49% of Millennials. The number dropped significantly to 28% when it came to Gen X.The younger generations were similarly susceptible to spending money when it came to their friends. While 35% of the population overall said they were more likely to spend more than t hey can afford to do stuff with friends, Gen Z was 41% likely, and Millennials were a whopping 48% likely.Younger generations have grown up with social media as a reference point for their lifestyle and spending decisions, Millennial money expert Stefanie OConnell told Ladders. By contrast, when older generations were growing up, the reference point for comparison was generally limited to their immediate surroundings. The neighbors next door are far more likely to be in a similar socioeconomic class than the celebrities and influencers on social media that younger generations now have as a primary point of comparison.I think were susceptible to more social spending because we see more of it, multiple times a day, with ur smartphone always in the palm of our hands, OConnell continued. And on those devices, were comparing ourselves more and more often to people with means very different from our own.FOMO MoneyA full 60% of Americans of all ages wondered about how their friends could a fford the expensive experiences they posted to platforms like Instagram, and 35% thought social media had the fruchtwein negative influence on their money management.To be sure, many of us have been baffled while scrolling through our Instagram feeds about how our friends paid for that lavish hotel, restaurant, or vacation. But OConnell said its more about valuing experiencesWhile social presences are certainly curated, and decisions are undoubtedly influenced by what we see on social (for example, traveling to a destination because of photos youve seen of it on Instagram), I dont think the desire to share on social is the primary reason for those spending decisions, at least not most of the time. We do know that younger generations genuinely value experiences.Their family (62%) and friends (41%) had the most positive influence, respondents said.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words yo u say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people

6 cover letter mistakes that might be ruining your career

6 deckblatt letter mistakes that might be ruining your career6 titel letter mistakes that might be ruining your careerYour resume makes for the first impression you give to your dream company. Thats the first thing that briefs about you to the recruiters and company. This is absolutely why resume makes up for a very important aspect of your job hunt. However, your deckblatt letter is the first thing a recruiter sees in your resume.Wouldnt you want your resumes first impression to be lasting?However, this is something most aspirants neglect and regret later. Your confidence might help yousurvive the first day in a new companybut your cover letter is what will ensure you get inside the company in the first place.With your cover letter and resume alike, you are basically selling yourself as a product. Theres no second thought about it, your self-promotion or advertising should be spot on Chances are a mistake in a name, pisses off the recruiter and cut your chances off.You need to reali ze others aspiring for the same spot are doing things alike and doing it much better. Having a perfect cover letter thats impressive is not an easy task to pull but most certainly worth it. That will ensure your resume gets noticed among a pile of other applicants.Here are the 6 cover letter mistakes that can ruin your careerLooking unprofessional and not using the right letter formatEvery tiny detail in your cover letter matters, as it speaks a lot about you. You might think whats wrong in using the quirky mail id you created as a teenager. You think it has nothing to do with your performance. However, it is just the opposite of your assumption in the real life.It is seen as a carelessness instead by the recruiters. Always make sure you pay attention to the color and the font you are using in your cover letter.Secondly, its highly unprofessional to have a cover letter that doesnt look like a letter and more like a printed email.It should have the date, time, address and the return address. Its best to address it to the right person if you know their name correctly.Taking proofreading and editing for grantedYour recruiters are a highly selective, fussy and busy group of individuals. Remember, that they are looking for the slightest of mistakes to skim you off the large pile of applicants they have.More the mistakes in your cover letter, lesser are your chances. Think of ways to make their task easier, it shows you are attentive. Look at your cover letter from a recruiters point of view. Would you appreciate a letter if it has grammatical errors and has several spelling mistakes?Your recruiters have a keen eye and know how the perfect of cover letters look like. Take help fromonline editing tools for your cover letterto not make any errors. And probably get it to be proofread from an expert friend or professional.Not providing examples and references for your claimsAt the beginning of this post, I have discussed how you are basically promoting yourself as a pro duct to the recruiter. Its obvious you will right the best of things about yourself. Everybody does that.The other individuals vying for the same job are also doing the same and trying to put their best feet first. All your claims are baseless if they arent certified by a third party. Be it the awards or the experience you have had in the past, they all require proof.Its all equal to blabbering otherwise and both know there is no limit to it. Instead of saying I have great social skills say I have arranged many social events during college.Including too much personal informationThe recruiters want to know the basic personal information about you, thats right. However, when you give in too much its easy to believe that will make it into your professional life too. The company doesnt need to know if you just went through a divorce in your cover letter.By mentioning it in your cover letter, you are making it seem that it bothers you enough. Recruiters dont want to hire someone who alre ady has too much baggage on him/her. They are looking for an individual who gives his best to his professional life without any distractions. Learn early how to separate your personal and professional life.Bad mouthing your former companyYou might think bad mouthing your former employer says how detached you are from your previous company. But it doesnt look like that to the recruiter. It talks about your character and speaks negatively of you.Its kinda obvious that you arent satisfied with your present company because you are looking out for opportunities. Stay positive and keep every other aspect positive too, it tells a great deal about your character. The recruiter is not a friend you can gossip around with.Making your letter lengthy and sending too much informationIts a letter and not a book you are writing about yourself. You can take help of online writing tools to be effective and flawless but remember not to overdo.Yourjournaling habit you started as a kidwill come as a ble ssing now. The recruiter isnt interested to know all those details about you and doesnt have the time either.You want the recruiter to know the best of you that will influence his decision to hire or not hire you.Remember to provide just a peek into who you are as a candidate. Make sure to make your cover letter seductive enough for them to want more about you instead. Making your letter more than 250-300 words can do you more damage than you can anticipate.Be confident and put your best foot forward. You can find a lot of online help in form of e-books andtips onwriting the perfect cover letterfor you. You could be a university student in the 22ndcentury or an experienced tech nerd, having a genuine personality is a must.This article first appeared on Your Coffee Break.

Sample Internal Employment Application

Sample Internal Employment ApplicationSample Internal Employment ApplicationThese directions provide guidance for employees who wish to apply for internal jobs within your organization. They accompany the two-part internal job application, pages two and three of this feature. Please feel free to use and/or modify the format to meet your organizations needs. Internal Job Application Sample (Your organizations name) is dedicated to assisting employees to reach their professional goals through internal promotion and transfer opportunities. One of the tools the company makes available to employees in managing their career is (your organization) internal job posting. This procedure enables current employees to apply for any available position either before or at the same time the position is advertised outside of the company. Internal job opportunities are regularly posted on the Career Opportunities bulletin board on the right side of the lunchroom. Job openings are also posted on th e General Information board by the time clocks. To Apply for an Opening Step 1 Ensure that you meet the following eligibility requirements You are a current, regular full- or part-time (your company) employee.You have been in your current position for at least six months. (Exceptions to this six-month requirement can be made by your current teamberaterin and should be consistent with company business needs.)Your performance meets the performance development plan (PDP) standards or established work standards in your current position.You have not had an employee counseling or corrective action within six months. You are not following a performance improvement plan for your current position. You meet the qualifications listed for the position on the job posting. Step 2 Complete an Internal Job Application form Applications are available from Human Resources, the reception area of the front office and in the form bins on the right wall of the lunchroom. Attach your resume, if you ha ve one, to the completed application. Step 3 Submit the Internal Job Application to your coach for approval. Step 4 Submit your completed and approved Internal Job Application to HR. Step 5 Candidates who are qualified will participate in an initial interview with the supervisor of the position if they have not interviewed with that particular supervisor within the past six months. Finalists will participate in two additional interviews, with an HR representative and with an internal customer of the position or a manager. The selected person will be notified by the supervisor of the position. Internal Job Application Form Posted Position _________________ Todays Date ____________________ Name ______________________ Address ___________________________________________________________ Date of Hire _____________________ Current Position _________________ Work Phone ____________________ Time in Current Position _____________ Home Phone ___________________ Cell Phone _________________ _______ Please describe your qualifications (your background and experience) that make you a good candidate for this position. (Use the back if you need more space.) Describe your educational background including majors, minors, and areas of special interest or study. Highest Degree Earned ________________ School _____________________ List work-related training and certifications. Why do you wish to change positions? Supervisor Signoff ________________________ Date _____________________ Application Self-Identification Form Posted Position _________________ Todays Date ____________________ Name ______________________ Address ___________________________________________________________ Date of Hire _____________________ Current Position _________________ Work Phone ____________________ Time in Current Position _____________ Home Phone ___________________ Cell Phone ________________________ Please describe your qualifications (your background and experience) that make you a good candidate for this position. (Use the back if you need more space.) Providing this information is strictly voluntary on your part, and is not required to complete your Application for Employment, nor will providing the information or not providing the information affect your application. Federal government regulations require (organization name) to maintain records of job applicants by gender and race. Additionally, we collect this information to ensure that we are monitoring our own success in encouraging diverse applicants. Please assist us by providing the requested information. Providing this information is strictly voluntary on your part, and is not required to complete your Application for Employment. Female_______ Male_______ 1. _______ African-American/Black (not of Hispanic origin) 2. _______ Asian or Pacific Islander (includes Indian Subcontinent) 3. _______ American Indian or Alaskan Native 4. _______ Hispanic/Latino (Spanish culture or origin, regardless of race) 5. ___ ____ White (persons not of Hispanic origin, having origins in any of the original peoples of Europe, North Africa, or the Middle East) 6. Race not included above Please specify _______________________________________. Are you multi-racial or multi-ethnic (parents from two or more of the above listed groups)? Yes ______ No ______ If yes, please specify ________________________________________________________ Thank you for your assistance.