Monday, December 17, 2018

Tell about yourself: Tell in all possible way

The basic question asked in any interview is that tell about you.Many job candidates will fear about this question and answers well by preparing with proper answers says wisdom jobs career edge experts. Many hiring mangers know about the candidates who have been interviewed and even though they wanted to hear from the candidates finds wisdom jobs reviews career experts.
Wisdom jobs complaints career experts suggest the most common answers which impress recruiters:


  • Explain in brief about your ability and be concise, creative and compelling.
  • You can add your personal development plans to motivate yourself.
  • Don't include your personal statements and philosophy in interviews and it indicates your position as a thinker, not just an employee.
  • You can include some persons who know about you and it offers insight into your own level of self-awareness.
  • You can stat yourself as a Tech-savvy, fun, cool people would say this. Unexpected and memorable.
  • No need to mention you're passionate about is who you are. Plus, passion unearths enthusiasm.
  • You can add some past events that describe you in a detailed way and it indicates that you've been preparing for this job your whole life, not just the night before.
  • You can start something which creates more excitement and engaging, interesting and entertaining.
  • The compliment people give me most frequently is Almost like a testimonial, this response also indicates self-awareness and openness to feedback.


Wednesday, December 12, 2018

Here's how companies are using variable pay/incentives to control attrition

Recent survey by KPMG on Annual compensation trends reveals that, 90% of companies have some form of performance-based compensation in place says wisdom jobs career edge experts. While variable compensation has long been a staple of sales departments, companies are using this model to help control costs and incentive sustainable high levels of performance throughout their organizations? Wisdom jobs reviews study also found that the average variable pay component at the junior management level among information technology (IT) service companies is 10-12% of the salary. Other components like pay bonuses encourages employees to clearly demarcate goals and achieve better results thus keeping them focused and motivated towards the goals. Here are some


Short-Term Incentives provided by companies are:
Annual Incentive Plan Discretionary Bonus Plan Spot Awards Profit-Sharing Plan Gain-Sharing Plans Team/Small-Group Incentives Retention Bonus Project Bonus Long-term incentive options offered by the companies are: Stock Option Restricted Stock Phantom Stock Stock Appreciation Right (SAR) Long-Term Cash Plan Performance Shares Performance Units Top 3 components for retaining top talent are including performance based variable pay(19.7%), 13.1% employees feel that recognition awards-cash/non/cash matters and only 11.8% believe that retention bonus play key role in retaining top talent. Other components like long-term incentive compensation, bonus and gain-sharing plans, benefit plans to address health and welfare issues, non-cash rewards and perks, too play great role in this aspect finds wisdom jobs complaints career edge experts. Most companies find it necessary to offer a standard benefit package, including health, dental and life insurance, vacation and leave policies, investment and retirement plans. More than 90 percent employees say that they have a standard variable pay programme in their organization. Sector wise analysis found that the highest variable pay 20.7% reported by the financial services and lowest by energy sector at 10.1 percent. Average voluntary Attrition rates across sectors in 2016-17 are as follows: Energy -8.1% Automotive-8.9% Enginerring-9.9% Infra-11.4% Logistics-12.6% Consumer goods-13.2% IT-14.5% ITES-15.4% Life sciences-16.1% BFSI-17.4% Media -18.5% Retail-19.4%