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Workers worse off on pay, employment  E-mail
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NEW YORK - This Labor Day finds workers in worse shape than they’ve been in years, according to a scorecard released Monday by Rutgers University.

In its first national labor scorecard, the Rutgers School of Management and Labor Relations said more than 10 percent of Americans are unemployed, discouraged from seeking work or underemployed. That is a nearly 25-percent increase from one year earlier.

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Money bring happiness  E-mail
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Money cannot bring you happiness, old saying states. However, a new research shows the opposite.

Scientists-economists studied a character of expenses and peculiarities of personal finances of 600 people “with large carrying value” all over the world, these people’s available assets exceed 100 000 pounds.

They were asked about their attitude to money and influence wealth had on their lives, and also about motivation to economies and expenses. The result is simple: the bigger bank account is, the wider is mile. There is a shade more women who agree with such statement, than men.

80% of women and 78% of men with cash assets exceeding 500 000 pounds admitted money made them happier in private life.

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Seven Foolish Mistakes People Make When They Come Into Money  E-mail
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By A.B. Jacobs
 
AL JACOBS has been a professional investor for nearly four decades. His business experience ranges from real estate, mortgage, and securities investment to appraisal, civil engineering, and the operation of a private trust company. In addition to managing his investments on a day-to-day basis, he is a featured financial columnist for both online and print publications. He is the author of Nobody’s Fool: A Skeptic’s Guide to Prosperity. You may subscribe to his financial Newsletter, “On the Money Trail,” at no cost or obligation, by visiting www.onthemoneytrail.com.

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Real estate pricing: million is not enough  E-mail
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American magazine Forbes summed up last year’s real estate market pricing: now even 1 million dollars won’t allow you rampaging too much.

The magazine states: prices for houses and apartments were increasing all over the world, most of all – in Scandinavia and Eastern Europe. So, Forbes magazine puzzled itself a question: “Which realty and where one can buy having a million?”

It turned out that you have nothing to do in London having only 1 million dollars. Prices increased 10% for a year in Britain, and 1 million is just a modest sum which is enough only for a one-room apartment in London. However, a buyer can count on living in the vicinity of subway: what a useful neighborhood for a millionaire! You will get no view, neither any particular conditions for this sum in London. Unhappy “millionaires” feel little better in Paris, Sidney and Dublin. They cannot count on a house for 1$ million, but they can choose a two-room apartment.

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Rewarding Employees Without a Reward Program  E-mail
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Have you noticed that the “Employee of the Month” parking places at many department stores are remaining empty? I can only assume that this particular reward program has been disbanded, but no one thought to remove the sign.

Many reward programs are started with great excitement, and then fizzle out. The goal of reward programs is to create a gift that the employee will want so badly that they will work harder to obtain it. A secondary, unspoken, goal is for the supervisor to have an easy program to institute so that they will not have to think too deeply about their employees. These programs normally do not work in the long run. One of the reasons is that there are only a finite number of employees at any company. Eventually, all will have been awarded the “Employee of the Month” title. Of course the other problem is that employees do not work harder for rewards. They work harder only if they want to work harder because they feel that they are making an appreciated contribution.

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Do not like your work? Make friends with it!  E-mail
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Day after day everything goes the same way, waking up in the morning you already feel tired, thought of going to work causes terror and panic. You manage oversleeping or being late for work, even if earlier you were famous for your punctuality. Your closest people now arouse irritation in you, when they ask about things at your work, you turn red and white, simple words “everything is ok” require incredible efforts, and most often you just want to explode. When a boss comes with new recommendations, you can hardly resist a temptation to scratch a table with your nails.

What is happening? Diagnosis is simple. You hate your work. But why you are still here? What keeps you here? There can be many reasons, let’s examine only several of them… Here’s a collection of self-mistakes and their exposure.

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