Monthly Archives: December 2013

Important To Know About Recruitment Software

Should you be thinking about improving your company’s recruitment process and generating it a lot more efficient then comply with the illustration set by a few of the world’s largest organizations and utilize the most recent technology in human resource Recruitment Software. High-tech techniques can assist you recognize appropriate candidates and therefore are available in a selection of languages. They’re able to also be incorporated with other recruitment solutions; this kind of as Worker Assessments, Onboarding and Overall performance Management to genuinely get total benefit of personal efficiency and organizational good results from the quite beginning.

Modern day recruitment methods enable you to effortlessly accessibility data on applicants, and monitor new employees’ right via the total employment lifestyle cycle. Entry to these sorts of particulars permits a company to create a labour force that’s ideal suited to achieving strategic enterprise objectives.

Big companies now desire to work with their particular recruitment software as it might be especially created for their distinct demands and requirements. An effective front and back workplace online software solution offers total management of consumers, candidates and jobs, therefore saving a great deal of time and money in the long run, when it is up and running most processes are automatic and almost everything runs significantly smoother and more rapidly.

Almost everything can now be accomplished online – businesses post open positions on their very own website and get online applications. This allows them to build up a database of individuals who have utilized for different positions inside the organization; if this really is accomplished manually fees are a lot larger in terms of the quantity of management and personnel needed for the task. The information while in the database is facilitated to discover suitable candidates for present vacancies or accessed at a later on date when one more task is available. Automated replies are sent to job candidates maintaining them informed within the standing of their application and after that it truly is just a matter of sorting by way of the data within the database to select acceptable candidates to the selection procedure.

The most effective forms of recruiting software are those who are user-friendly and simple to put into action. They not just benefit the employer by getting rid of a lot of the mundane and program tasks previously filling up staff valuable time and dramatically lowering the time invested on search and administration, but in addition the applicant as they are kept up-to-date on the standing of their application.

Student Debt Crisis and Payment Options for Student Borrowers

It is without a doubt that the student loan crisis is one of the most prevailing public policy issues of our times. Recently, President Obama announced that his administration is taking the necessary steps to help relieve students of crushing amounts of education debt. Here is a comprehensive overview of payment plans that the President wants student borrowers to be aware of when it comes to paying off student loans.

Pay As You Earn

The President wants students to able to afford paying off their student loans through a modified version of the Income-Based Repayment plan. Under this proposal dubbed “Pay As You Earn”, students would only pay back a maximum amount of 10% of their monthly discretionary income to loans versus the current 15%. Also, student debt would be forgiven after 20 years rather than 25 years.

Income Based Repayment

Under this plan, student borrowers are allowed to reduce their monthly debt payments based on their income. However, students must demonstrate a “partial financial hardship”. This is defined as when your standard monthly payment is more than 15% of your discretionary income. Income Contingent Repayment Under this flexible plan, monthly payments are based on adjusted gross income, family size, and spousal income and total amount of direct loan debt. The maximum repayment period is 25 years which afterwards students will have their debt forgiven. However, students may have to pay taxes on the forgiven debt amount.

Nonetheless, unemployment rates, although steadily dropping, still remain relatively high and are causing concerns among the nation’s leading economists. There is a fear that a shaky employment situation is making it increasingly difficult for students to pay back loans. Some economists predict that the student loan crisis could explode at any moment, causing major lenders to go into financial red, repeating the same banking collapses seen in 2008.

For students currently enrolled in school, it is important to  focus on finding the right career that will prepare you for a job in an industry that pays out very high wages. One of the biggest mistakes that many college graduates are making is not studying the right fields that will prepare them for jobs in industries that are always hiring and pay relatively high salaries. If you are a career switch, consider online career training to prepare for your next dream job. The world is filled with plenty of high-paying job opportunities, you just need the skills set to be marketable to employers.

What Makes a College Military Friendly?

A recent list of military friendly colleges published under the 2013 GI Jobs list and created by Victory Media, is more interesting based on the colleges it did not include rather than those it did. The website, which is not affiliated with the United States Government, uses student reviews as well as a weighted scoring system to create the list each year. All results are then audited by Ernst & Young, a renowned accounting firm before being published. This year’s list includes 1,700 schools.

Veteran’s Affairs Approved Schools not Included

The small list provided by GI Jobs did not include approximately 10,000 schools that accept GI Bill funding and that are authorized by the US Department of Veterans Affairs. This indicates that a college that is VA approved may not necessarily be a college friendly to the military, based on the experience of military students and other factors. Because military students have unique needs that other students do not, many students seek colleges that are military friendly, and lists like those found on GI Jobs help them find those schools.

Catch Phrase

With the Post 9/11 GI Bill, which expands the funds available for those in the military to attend school, “military friendly” has become a catch phrase at many colleges and universities, many in order to capture the approximately $9 billion per year in tuition provided by the approximate 600,000 veterans who plan to return to school. Many veterans organizations claim that the reason the majority of men and women join the military in the first place is because of the education benefits available to them.

Criteria for List

Victory Media uses nine different criteria to determine if a school is truly friendly to the military. They not only look at academic credibility and the portion of military students enrolled at the university, but also whether the college provides support for military students on campus, such as military support centers or veterans organizations located on campus. Using surveys sent to approximately 12,000 VA approved colleges who agree to participate, and about half of them met the first levels of the criteria. From those, the company used their own assessments to reduce the list to around 15 percent of the initial group. Victory Media says that the 15 percent threshold allows those using the list to have freedom of choice, but that the colleges that do make the list are an elite group.

Victory Media says that military personnel who choose a college from their list will know that they will be obtaining an education at a college or university that understands the needs of the military, in addition to one that accepts VA benefits. The colleges that appear on the list are an elite, exclusive group that keep military students in mind.