Archives for September 2013

Striking a Work-Life Balance – Your Key to Making Your Employees More Productive

All work and no play makes Jack a dull boy. There is truth to this adage that business owners should understand. Loading employees with piles of work will eventually affect their productivity. There are management studies that support this. Employees who are overworked are more prone to errors and performance setbacks. Employees who have the time for both work and pleasure, on the other hand, are more motivated and are in a better mental disposition to do whatever needs to be done. Employers do not really have to worry about the financial side of allowing employees to strike a work-life balance. The enhanced productivity that comes after what might seem like “idle” time gives a handsome payoff.

happy work-life balance

Paid vacations and rest days are often mandated by labor agencies. Apart from these, you also have to give your employees ample time for breaks during their work day. Maintaining reasonable work shifts is also recommended. Some employees might be tempted to go on endless overtimes in order to finish their projects, or perhaps even to earn more than their regular salaries. Some management experts believe that if you need your employees to work for more hours, there is something wrong with your processes or your manpower complement. You have to review both of these aspects of your business on a regular basis to check if they match your production demand and profitability goals. Your employees do not have to sacrifice work-life balance because of the operational issues of your business.

Work-life balance gives the employees the chance to relax and refocus their lives. The reality is that these people are working to live and achieve their own personal dreams and aspirations. What is the use of working hard to earn more money, if they cannot enjoy their lives outside of the work place? An employee who solely thinks about work all the time will likely get burned out and eventually turn in mediocre work. Giving ample time for employees to be with their families and friends will actually reinforce the reason why they are working so hard in the first place. When they are given time to enjoy their lives, they come back to work with a fresh perspective and renewed motivation to keep on working.

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MBA Degree Programs for Business Professionals

If you have been considering getting your Master of Business Administration, but don’t have the desire or time to sit in a classroom for hours, you may find that distance learning is the perfect solution. Online MBA degree programs have become a popular option for business professionals – more than a quarter of higher education students are now taking at least one course online. You can earn your degree by engaging in online education using a flexible, user-friendly environment.

MBA degree programs

Distance MBA degree programs are all-online programs that provide 100% of the course materials available online. When you enroll in an all-online program, you are never required to attend a campus-based classroom, which makes the courses very attractive to busy, working professionals. Earning your MBA online does not have to take long – some institutions like onlinemba.umd.edu, offer an MBA within as few as 21 months – and, you can earn it while remaining active in your current career.

There are many positive reasons to pursue getting a degree online. It is convenient, provides flexibility, and is more affordable. Plus, an online MBA degree program allows you to study anytime, anywhere. Because there is no need to commute or quit your job, costs can also be easier to handle. However, online learning is best suited for professionals with no need for face-to-face networking opportunities. Most employers welcome online MBA degrees as much as those gained in a campus-based program.

You may be concerned about how much getting an online MBA will set you back financially, and whether or not you will be accepted. The answer to this question varies, depending on the program you apply to. Some schools, such as The University of Maryland’s Robert H. Smith School of Business require a BA from an accredited institution with a GPA of at least 2.8, require official transcripts from all graduate and undergraduate institutions attended, at least two years of work experience, two letters of recommendation, and to submit two essays, among other application requirements. Most online MBA programs maintain the same rigorous acceptance standards as campus-based programs.

Online MBA degree program costs can also vary, depending on the online institution you enroll in. A higher tuition fee does not always equal a better education – some programs just charge more than others. Your employer may also provide tuition reimbursement to offset costs of pursuing your MBA online. The key is finding an online institution that offers an MBA degree program with accreditation, in order to be eligible for low-interest student loans, scholarships, and other forms of financial aid.

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A Look at Public Accounting Career

Public accounting has become a very popular degree plan for modern students, with accounting students increasing in numbers every single year. Due to the recovering state of the economy, the next generation has become increasingly aware of finances and the desire to learn about its management. Fortunately, universities all across the country are expanding their curriculum and reaching more people than ever before. Students who graduate with this degree often receive jobs in accounting firms, and some may even later expand into their own practice. These students are often leaders in helping businesses take control of their financial matters so that they can build a successful enterprise.

public accounting

The duties in a public accounting career are often diverse, and often include a representation of what an individual has learned in school or experienced in their practice. Public accountants may work with businesses for preparing tax documents for their employers or for the company as a whole. Accountants may also serve as advisories for budget meetings, and may devise a strict budget that adheres to the company’s goals vision. Business consulting is perhaps one of the most important aspects to keeping a company in check, both financially and otherwise. Consulting is also one of the main duties that is undertaken by public accountants.

The career of a public accountant is never boring, and is often geared toward people who are fairly keen with numbers. Plenty of arithmetic is accomplished, often at the drop of a hat, during budget meetings or consulting, so having a firm mathematical foundation is necessary for a successful career. Many accountants will take quite a few math courses in their degree program before taking their specific degree-focused courses. Even then, accounting courses are full of mathematical equations and hypothetical problems that need to be solved in order to become successful in the course.

Many accountants today can also be found online, such as CPA Honolulu at Yuda.com. Often, accountants will advertise their services through a variety of professional and sound means, with the Internet being a powerful and effective tool. Some accountants may reveal their fees on their website, as well as additional educational material to help draw forth more visitors. This awareness around their service is key toward creating more business within their practice. Networking with companies and individuals is also a powerful business generating tool for many public accountants, especially those working in their own practice.

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Advantages of Online Accounting Degrees

These days, many people begin their accounting careers by joining the workforce. Those who show an aptitude for numbers and an inclination to pay attention to detail can easily find work as bookkeepers, office clerks, administrative assistants, and other related occupations.

online accounting degrees

For these employees, getting an accounting degree is a natural progression in their careers. A bachelor’s or master’s degree in accounting can make a great difference for people who are already working as bank clerks, mortgage processors, payroll specialists, account representatives, etc. Those with accounting degrees benefit from an even greater range of career choices, and their compensation tends to be higher as well.

Advantages of Online Accounting Degrees

One of the greater advantages of modern accounting degree programs is that they can be pursued almost entirely online. This allows professionals who are already working in a related field to apply their acquired skills to their education and vice versa. Instead of taking time out of work and family obligations, online accounting degrees offer a certain degree of freedom that is often missing from traditional, on-campus education.

Some of the most prestigious universities in the United States have made the wise choice to adapt their accounting degree curriculum programs so that they can be taken online. This is a trend that takes into consideration the modern paradigm of college and university students who have already entered the U.S. workforce. Case in point: The University of Alabama at Birmingham, UAB, a school that was among the first to be accredited as an institution that separated accounting from business programs. This is one of the universities that has successfully streamlined its accounting curriculum to meet the needs of today’s busy professionals.

Bachelor’s degrees in accounting are ideal for working professionals who want to make the switch from clerical and administrative support tasks to a dedicated accountancy career. Online master’s degrees in accounting focus on applied research, technology and communications as they apply to the accountancy field.

Online accounting degrees go beyond understanding money and finance. Accountants tend to have a better understanding about how the world really works. They can gauge the likelihood of success of a company, and they can be valuable advisors in matters of compliance. All this professional acumen can be achieved online these days, which makes it perfect for workers who want to broaden their horizons and their career outlook.

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Things You Should Consider Saving Money For

If you’re getting ready to start saving for the future, there are a number of things you should consider saving money for. While many individuals choose to simply save in general savings accounts, the truth is that having a specific goal can help motivate you to save even more. Saving for something specific can take weeks, months, or even years, so it’s a good idea to plan ahead and to plan early in order to meet your financial goals for your future.

saving money

The first thing many people decide to save for is a house. This is one of the biggest, most expensive purchases a couple can make, so it’s natural to want to start saving as soon and as early as possible. Consider how much you’ll need for a down payment and make that your goal. Begin saving a specific amount of money each month in order to reach that goal as quickly and as reasonably as possible.

Another important goal many people realize and decide to reach for is a retirement savings. If you aren’t sure how to save for retirement, consider reaching out to Scott Reiman or another financial professional who can help you plan and attain your goals. Retirement planning isn’t easy. In fact, it’s one of the most complicated goals you have. Additionally, most people who plan to have a retirement savings account choose to invest in other areas aside from simply utilizing their savings account. For example, you may choose to invest in stocks or bonds.

Finally, many people choose to start a college savings plan for a child or grandchild in their life. A college savings plan is essential if you want to help finance someone’s educational future. Many college savings plans are actually tax-exempt, so remember to speak with your financial adviser about which savings plan is right for a college student. Additionally, remember to start saving for college as early as possible. Tuition prices rise yearly, which means that the earlier you start saving, the sooner you’ll be able to fund a child’s education. This is one of the most amazing gifts you can gift to a child as it’s something they can use forever.

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