The Job Posting Process

The Job Posting ProcessHow do you write a resume for Pharma jobs? If you are a fresh graduate, you will want to know what you should include in your resume. But then, you may also find it difficult to decide how to craft the resume so that it will present you as an excellent candidate for any Pharma job or internship opportunity.As you make preparations to apply for a job, you need to consider certain things before you put the application in the mailbox. If you get the job, do not expect it to be easy. A dream job may not be easy to get, but once you are on your feet, the challenges will seem almost nonexistent. Of course, it's never easy to land a job, but you can work on the resume and apply the information that you have collected during your job search and get things rolling right away.You may think that if you are hired, there will be no further job hunting, but that would be a mistake. More than likely, you will be assigned to specific companies or roles that will give you a cha nce to explore more about the industry. You will also meet new people from different parts of the country, and this will help you feel part of the team and you will most likely learn a lot about the company.If you are fortunate enough to land a job with a drug development company, you will be taken out of the typical job routine and exposed to more challenges than you can ever imagine. The scope of the jobs that you will be assigned will vary depending on the amount of time that you have been assigned and the type of role that you will be assigned to. In most cases, the head of the company will assign you the job of one of the marketing representatives, which will mean that you will be responsible for showing the company's products to the general public. This is a good opportunity to expand your knowledge and you will also develop the skills needed to grow your career.If you are lucky enough to land a good Pharmaceutical job, you may find yourself given other responsibilities. These responsibilities can be anything from writing manuals to visiting doctors to training new employees. It's always a good idea to get ahead of the curve and get prepared for these opportunities.Some companies, however, will have an exclusive position for you, such as being the designated representative to the manufacturers. It's rare, but it does happen. Just like with any other job, there will be a deadline, and you will have to put the best face forward to show them that you are ready to take the reins.In the end, it may seem like it will take time for your career to progress, but it shouldn't. Time is valuable, and all of the effort that you put into preparing your resume is well worth it. After all, your resume can show the world exactly why you deserve a better career. And then, you won't have to wait for your job to come to you.

Careers Youve Got a Year-End Bonus, Heres How to Spend It

Careers You've Got a Year-End Bonus, Here's How to Spend It Good news for employees: More employers plan to give bonuses this year. Seventy-five percent of human resources and hiring managers said their company plans to give holiday bonuses this year, up from 67 percent in 2015, found a survey by staffing firm Accounting Principals. The amount companies plan to give is higher this year, too: $1,081 compared with an average $858 in 2015. Here are five ways you should â€" and shouldn’t â€" spend your bonus this year to ensure you get the most out of your money. Good Idea: Invest in Yourself Investing in yourself is a smart way to spend your year-end bonus. Use the cash to create money-making opportunities down the road and build your wealth. “Maybe there’s an online course you have been wanting to take or a professional group you have been wanting to join,” said Taylor Schulte, CEO of Define Financial in San Diego. “If money has held you back from jumping on these opportunities in the past, consider using a bonus to invest in something that could pay dividends forever. All it takes is learning one new skill or meeting one new person to create a compounding effect that far outweighs adding a few extra dollars to your retirement fund.” Check with a local university or community college to see if it offers any continuing education courses that will provide you with skills to help advance your career. Search for professional organizations you can join or conferences in your field â€" or a field you’re interested in â€" that you can attend. Or use the money to start your own company. Your bonus could help you pay the fee to form a limited liability company, or LLC, create a business plan and build out a marketing strategy for your business, said Brandon Hayes, a certified financial planner and vice president of oXYGen Financial in Atlanta. “Working for yourself can be very rewarding as you create wealth and opportunities for yourself and those around you,” he said. Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Bad Idea: Splurge on a New Wardrobe You might see your bonus as a way to upgrade your wardrobe with some designer threads or shoes. As the saying goes, the clothes make the man â€" or woman. So, this sort of splurge could be justified, right? “Unless you are buying a well-needed suit outfit for a job interview, I’m not an advocate for buying new shoes and clothing,” said Hayes. “Americans seem to think more is better, and this area is no different. Keep your wardrobe simple, and don’t give in to the urge to buy the latest sneaker or trendy pair of jeans.” If you want to look better, consider spending the money on a gym membership and personal trainer. Not only will you improve your appearance, but your health could benefit â€" and being healthy can save you money. Good Idea: Spend It on an Experience If you meet your savings goals, and you don’t have high-interest debt to pay off, consider using your bonus to pay for a fun excursion with your spouse, family or friends, recommends Chad Smith, a certified financial planner with Financial Symmetry in Raleigh, N.C. “Research from the book ‘Happy Money’ showed incredible happiness returns from spending on memorable experiences,” he said. You’ll create memories that you can talk about for years and create more lasting enjoyment than you’d get with a material purchase. Plus, using cash to pay for a vacation is a better option than racking up credit card debt to cover the cost of a getaway. It could take you months to pay off what you owe, and those monthly bills might make you regret your trip. Also Read: Breathtaking Sights Around the World You Must See Bad Idea: Use It as Normal Cash Jamie Pomeroy, a Minnesota financial advisor, said one of the worst things you can do with a bonus is, well, nothing. If you don’t have a plan, she said, you’ll “just consume it on meaningless things this holiday season.” Instead, adjust your budget to account for the extra cash. “Decide in advance what you want to do with the funds,” said Charles Scott, an Arizona financial planner, co-creator of FinancialChoicesMatter.com and founder of Pelleton Capital Management. “Of course, it helps to stick to the plan after the funds arrive.” The first thing you should do, Scott explained, is move the money from your checking account to a savings account. “Park it there, and then implement your plan,” he said. “This avoids the temptation of debit card usage mysteriously making the bonus disappear.” When deciding on a savings account, choose a high-interest one. (See all of MONEY’s Best Banks winners.) That way, the interest you earn can grow your savings faster. Good Idea: Save It in a Tax-Free Investment Account If you’re already saving enough in your 401k to get the full matching contribution offered by your employer â€" or if your employer doesn’t offer a workplace retirement account â€" use your bonus to fund a Roth IRA. “Starting or depositing more to a Roth IRA is generally a slam dunk if eligible because it builds tax-free savings plus all the following years of compounding growth,” said Smith. The ability to withdraw money tax-free in retirement is one of several reasons to have a Roth IRA. The maximum you can contribute to a Roth IRA in 2016 and 2017 is $5,500, or $6,500 if you’re 50 or older. You have until your federal tax return is due to make contributions for the previous year. However, your income must fall below certain levels to contribute to a Roth IRA. You can open an account at an investment firm. Related: 5 Reasons You Need a Roth IRA Bad Idea: Let It Sit in a Low-Interest Account Although Scott recommended getting your bonus out of your checking account and into savings, you don’t want to leave the cash sitting in a low-interest account if you already have three to six months of expenses saved up. “Bank account interest rates are so low, you’re better off exploring options that could have better long-term returns,” said Smith. In addition to opening a Roth IRA, use your bonus to open a brokerage account and invest in stocks, bonds or mutual funds that will likely offer you a better yield than a savings account. Plus, there’s a tax benefit to investing through a brokerage account. If you hold those investments for more than a year, they’ll be taxed at the long-term capital gains rate, which ranges from 0 to 20 percent but tops out at 15 percent for most taxpayers. Although you get an upfront tax benefit by contributing to a 401k or traditional IRA, the money you withdraw in retirement will be taxed at your regular income-tax rate, which can be as high as 39.6 percent for the wealthiest taxpayers. Good Idea: Invest in a Financial Planner A year-end bonus could provide the funds you need to pay for professional financial advice. “What better way to spend your bonus than to assure you and your family are taking the proper steps to reach your financial goals?” asked Hayes. “Involving a third party who can provide professional guidance during your working years can be a smart move.” A CFP can help you create a financial plan. If you need someone to do a one-time review of your finances to ensure you’re on the right track, look for a planner who charges by the hour â€" such as a member of the Garrett Planning Network. If you want someone to guide you for years, consider a planner who charges a fee based on a percentage of your assets rather than an hourly rate. Find planners through GuideVine.com or NAPFA.org, the website for the National Association of Personal Financial Advisors. Meet with a few financial planners to determine which one is right for you, and see if they have a clean record by searching the SEC’s website, which contains information about business operations. You also can check records through the Financial Industry Regulatory Authority’s BrokerCheck. Bad Idea: Buy a Car Your year-end bonus might seem like your ticket to buying a new car. Although it can help you make a down payment, ask yourself whether you can afford to pay monthly loan payments going forward. “Thinking you can afford a car payment just because you have more cash than normal is the wrong way to think,” said Hayes. “Make sure to start back with your monthly spending plan to assure your payment fits into your cash flow scenario.” Watch: The Best â€" And Worst â€" Time to Buy a New Car Good Idea: Donate Your Bonus One of the best things you can do with a bonus this year is give it away, said Pomeroy. You’ll help others in need and lower your tax bill in the process. That’s because you can claim a tax deduction on your donation. If you’re not sure which organization you want to give to, consider opening a donor-advised fund. You can invest money in one of these funds and receive an immediate tax benefit, said Pomeroy. Then, choose the organization that receives your donation at a later time. Bad Idea: Gamble It “Sometimes when people receive an unexpected lump sum of money, they have a burning desire to try and turn it into even more money,” said Schulte. “Since they didn’t plan on having it in the first place, it’s easier to justify throwing it on red at the local casino or investing all of it in a trendy growth stock.” If you do use your bonus to gamble and attempt to hit the jackpot, you must report your winnings on your tax return. In fact, if you don’t the casino could withhold taxes from your payment. So, you’ll be paying taxes on your bonus twice â€" when you receive it from your employer and if you win money using it to gamble. However, the bigger risk is losing all of the money. Don’t gamble away the bonus you worked hard to earn, said Schulte. “Treat that money just like every other paycheck, and make a smart decision to put yourself in a better financial position.” This article originally appeared on GoBankingRates.

5 Reasons Why Job Boards Arent As Effective Anymore - Work It Daily

5 Reasons Why Job Boards Arent As Effective Anymore - Work It Daily At one time, job boards were the way to go for job seekers. It’s where you could post your resume for employers and recruiters to view, and apply to job openings. But today, it’s a different story. Related: Reactive Vs. Proactive Job Search Strategies Job boards are simply not as effective anymore since there are social media outlets like LinkedIn, Facebook, and Twitter where you can pretty much network your way to the right contacts. The fact is, job boards have a 2-4% effectiveness rate whereas networking has over a 50% effectiveness rate. Think about if you were a hiring manager: Would you be more likely to take time to interview a candidate you don’t know except for what’s been given on a submitted cover letter and resume, or someone who’s been referred to you? A referral has much less risk, and that's why networking has a higher success rate than job boards when it comes to securing a position. Here are a few other things about the limitations of using job boards when you’re a job seeker: 1. Your resume is falling into a black hole. More than 85% of companies are now using Applicant Tracking Systems (ATS) to review and rank resumes according to skills, experience, and keywords. The simple fact is that companies use internal algorithms, so ensuring a strong ranking is extremely difficult. A recent HR manager told me that they get an average of 400 resumes for each position and only look at the top 10-20 â€" meaning 380 resumes are not even reviewed! 2. Hundreds of others have already applied to the job by the time it makes it to the job board. In many instances, before a job posting goes up on the job board, it’s already been shared around internally at the employer and by trusted sources. So you are buried under hundreds of others who applied before you when you go through a job board. 3. You’re wasting time because you’re not getting to the decision maker directly. Job postings through job boards generally indicate generic contact information. You have a much better chance when you get to the decision maker directly, and that’s something you can do through social media networking sites, not job boards. 4. Many job openings never make it to the job boards. Big job boards are overwhelming with job postings (both relevant and irrelevant) to you. This is a similar perspective for the employer when they get an overwhelming number of applicants to the job opening posted to a job board. It's also reason why some may prefer to work solely with recruiters to source the right talent. If you’re not networking with the right contacts, you’re missing out on opportunities that will never be found on job boards. 5. Hiring managers and recruiters are sourcing talent through LinkedIn. Ask any hiring manager or recruiter where they are going to find talent. Most will tell you they are looking on LinkedIn. Resumes that get posted to job boards are still viewed, but there’s a good chance the information is outdated, which is one reason why hiring managers and recruiters are relying more on LinkedIn where information is generally more current. The message is not that job boards are dead because there are plenty of niche job boards worth going to as a job seeker, but that your job search results will be more productive if you tie in direct networking through the right contacts. This post was originally published at an earlier date Related Posts How To Job Search While You’re Still Employed 11 Job Search Commandments For College Grads 6 Steps for a Successful Job Search About the author Don Goodman’s firm was rated as the #1 Resume Writing Service in 2013, 2014, and 2015. Don is a triple-certified, nationally recognized Expert Resume Writer, Career Management Coach and Job Search Strategist who has helped thousands of people secure their next job. Check out his Resume Writing Service. Get a Free Resume Evaluation or call him at 800.909.0109 for more information.   Disclosure: This post is sponsored by a CAREEREALISM-approved expert. You can learn more about expert posts here. Photo Credit: Shutterstock Have you joined our career growth club?Join Us Today!