How To Recognize And Beat Work-Related Burnout

The national values instilled as a society coupled by the relatively high cost of living in Singapore led to the “hardworking” culture that is embedded in almost everyone’s veins. With the amount of commitment that most people have towards their jobs, they can occasionally experience an unpleasant consequence called Burnout.

Coined in the ’70s by the American Psychologist Herbert Freudenberger, Burnout refers to the outcomes of relentless work stress and high ideals. Work-related burnout and its co-morbid problems commonly lead to absenteeism due to sickness. For instance, you have been spending more time at the office to get more things done but ended up being physically and mentally unwell. Going beyond the limits of your body is just counterproductive to your well being and finances. This is why you must recognize the telltale signs of work-related burnout. Here are some of them…

4 SIGNS OF BURNOUT

Image Credits: pixabay.com

Image Credits: pixabay.com

1. LACK OF MOTIVATION

Have you been fantasizing about swimming on the beautiful Bondi Beach? Or are you wishing that tomorrow is a “newly proclaimed” non-working holiday? Well, wanting to run away from your work is a common sign of burnout.

2. COGNITIVE PROBLEMS

Burnout can cause cognitive problems in memory and attention. You can experience slip-ups such as messing up on normally easy tasks, forgetting to remember simple things, and having a hard time focusing.

3. FATIGUE

You are always tired. Need I say more?

4. NEGATIVE EMOTIONS

If you are wondering about whether what your doing is appropriately compensated and if it has any significance, you are experiencing “reduced accomplishment”. It is a common symptom of burnout that can affect anyone who has been working too hard including elite athletes and renowned surgeons.

4 WAYS TO HANDLE STRESS

Image Credits: pixabay.com

Image Credits: pixabay.com

1. SEE YOUR FRIENDS

Sometimes, changes in the working environment and tangible support from others can help with the problems brought by the workplace stress. Consider spending some time with your friends or the people who make you smile. You may be putting off some of your tasks (for the meantime) by doing so but is it not the whole point of destressing?

2. HAVE A “ME” TIME

Since burnout is influenced by mental clutter, learning to relax and removing the distractions for an ample period of time can ease your negative feelings. Put your work assignments or projects down and do something you really enjoy. Set aside at least 10 minutes of the day to yourself.

Listen to your favorite love song, book a spa appointment, eat your favorite dessert, purchase new video games or try on different shades of lipsticks. You deserve it!

3. EXERCISE MORE

Exercise has physical and psychological benefits such as reducing stress, anxiety and depression. It can also improve one’s quality of life, self-concept and self-efficacy. So get pumping! Run outside the house or gather a group of friends to start a regular exercise routine.

4. GET QUALITY SLEEP

When you are tired and sleep deprived, you are less patient, less concentrated and easily irritated. As sleep deprivation can increase your stress, it is advisable to get quality sleep.

Nothing beats the feeling of waking up refreshed and rejuvenated after a good night’s rest. It does give you the boost you need to deal with the hurdles that the new day can bring. Give your body the restorative rest craves for. At least 6-8 hrs of sleep is ideal for working adults.

Sources: 1, 2, 3, & 4

Read More...

Budget-Friendly Ways To Make People Notice Your Business

As a small business or a startup, you are likely to experience some financial set-backs whilst trying to get more people to notice your brand. The constraint placed on your budget only means that you must be strategic in managing the pillars of your presence.

Fortunately, it is not that complicated! 🙂

1. POST ADS FOR FREE

Online Classifieds are a good choice as these are cost-effective, convenient to relay contact, visible to a large-scale of consumers, and the advertisers are able to edit a listing anytime. If you are a promising entrepreneur working on a minimum budget, look for free yet established classifieds such as these:

a. STClassifieds had been a favorite of many Singaporeans since 2007. It allows its users to post an add for free in a wide variety of categories. Furthermore, you can upload up to 10 images so you can really get the best angle of your product.

b. Renowned as Singapore’s Number 1 Free Classifieds Site, Gumtree Singapore is well known for providing good classified services with one of the largest visibility. Their ads let you show the description, photos, date listed, price, condition, address, and your contact information.

2. GET A CATCHY DOMAIN

Once you settled the costs of the products or services that you are planning to sell, you can start creating your own website. Go Daddy sells website domain names for as low as $2.26 per year.

Focus on getting a website domain that represents your business well leave a lasting impact to your target market. For example, you can use “xxx.flowers” instead of “xxx.com” if you are selling beautifully arranged blooms.

3. STAY SOCIAL

Because of the emergence of social media, your marketing must create and showcase a credible online persona for your brand and its products or services. A great online persona will attract more people to the website, boost the brand’s loyal consumers, and increase the number of new consumers.

The efficiency of this social influence is due to the Bandwagon Effect. Bandwagon Effect is a phenomenon that occurs when people do something predominantly because others are doing it. Social media allows the consumers to talk about a brand and its competitors. Using this tool to your advantage can help boost your sales.

4. HOST A GIVEAWAY

A surefire way to make people notice you is to sponsor a giveaway on various social media platforms. In fact, that is one of the early strategies of Money Digest. As much as possible, do this on websites that receive tons of traffic regularly such as Facebook and Instagram.

Get more traffic by incorporating the number of “likes” and “shares” to the mechanics. Also, there are several apps on Facebook that will help you send a message to your followers and help you choose a random winner.

Image Credits: pixabay.com

Image Credits: pixabay.com

Read More...

Essential Questions To Ask A Millennial Job-Seeker During Interview

As you are about to enter your workplace, thoughts of how this day will commence circulated your mind. You see a hallway filled with aspiring professionals. Some looked more prepared while others seem to care less. You have one important task today – to conduct the job interviews.

Asking the right questions on a job interview is crucial to the success of hiring the best qualified candidate for the job. With the weight of the company resting your shoulders, you must come up with intelligent interview questions that will cater not only to the older generations of employees but also to the new generation of job-seekers.

Millennials (Gen Y), people born from 1980s-2000s, have a bad rep in recruitment compared to the older generations. You see, more than half of the local bosses in Singapore felt that people from the Gen Y are hardest to recruit because of their unrealistic expectations. These unrealistic expectations are translated thru the irrationality in pay, promotion, and work-life balance.

Personally, I feel that some Millennials pose more importance with self-reliance and self-fulfillment that they forget to be a part of an entire organization.

Regardless of the generation woes, your duty now (as the interviewer) is to pick out the aspirants who will remain loyal to the company as their personal goals are in lined with that of the organization’s. Start by considering these questions:

1. WHAT ARE YOUR CAREER GOALS?

One of my Millennial friends has been jumping from one job to the next because she has no clear idea of what she really wants. She lives for the thrill of the new experiences and worries about the present moment alone. Without a list of career goals, I am pretty sure that she will shift to another job by the end of this year.

There are many Millennials who view their careers much like my friend. This is why it is important for you to gauge whether or not the job-seeker’s career goals match that of the company’s. Remember that having a deeply rooted career goal can motivate a person to fulfill the needs of the job.

2. DO YOU VIEW THIS JOB AS A STEPPING STONE?

To know whether or not the aspirant is there to stay, be forward and ask about his perception about the available position. Is it merely a stepping stone or is he committed to succeed when given the job?

Use your expert judgement when examining their answers.

3. WHAT ARE YOUR EXPECTATIONS REGARDING THE SALARY?

As the aforementioned survey above stated, there is a high number of Millennial with irrationality in their expectations when it comes to pay. And this tricky question may just prevent that!

By asking this question, you will know if the aspirant has a good grasp of the actual salary based on his qualification and the available position. Also, you will see the true colors of the aspirant (given that he is completely honest). For instance, if he gives you a salary range that is within what you can offer then you can easily negotiate a pay that will satisfy his expectation.

4. WHAT MOTIVATES YOU THE MOST: SUCCESS OR FAILURE?

There is no right or wrong answer to this because a person can either be driven by the determination to succeed or by the fear of failure. You read that correctly! Failure can not only paralyze a person but it can also propel them to work harder. A person may do his best just to prevent failure from happening.

Image Credits: pixabay.com

Image Credits: pixabay.com

You just have to figure out what form of motivation do you prefer most when it comes to selecting the best candidate.

Sources: 1 & 2

Read More...

Cost-Effective Ways To Reward Your Employees

If you want to drive performance, engage employees and drive results…non-cash rewards are the most effective tools in your toolbox.

~Kimberly Abel-Lanier of Maritz Motivation Solutions

Underlying the theories of motivation comes the idea that rewarding your employees in meaningful ways can lead to higher satisfaction. These meaningful rewards are driven by the internal currencies of each individual. For instance, your senior employee may consider flexible hours as more valuable than merit pay.

On that note, here are 6 budget-friendly ways to reward your beloved employees:

1. FLEXIBLE HOURS

One key feature that Singapore employees possess is that most of our time revolve around work. My first job followed a 44-48 hours of work each week (including overtime) similar to how most companies operate. Due to the relatively long and stressful shifting hours at the office, my days off work were precious. After walking away from the office set-up and transitioning to freelancing, I realized that flexibility in time weighs more than any cash incentives I received. Being able to have a flexible timetable gives you the opportunity to do more of what you love.

So if your company works on a fixed schedule, perhaps you can incorporate a flexitime incentive whereby excellent employees can control their working hours for the following month.

2. RECOGNITION AND CERTIFICATE

A simple act of recognition goes a long way. As David Ciccarelli, co-founder of Voices.com, once said: “Something all bosses can do that doesn’t cost anything but means the world to people is recognition for their contributions to the organization.”

You can personally acknowledge the achievements and efforts of your employees thru group memos, writing an email, handing a personal note, or awarding a certificate.

Image Credits: pixabay.com

Image Credits: pixabay.com

Remember how proud you were in primary school when your teacher proudly bestowed you with a certificate for performing well in class? Replicate those emotions by presenting a special signed certificate to your best employees once a month. The amount of effort you put on the presentation assembly will make it all worth it.

3. EXTRA PAID VACATION DAYS

Without the slightest doubt, having extra paid vacation days are some of the most wonderful rewards an employee can receive. Award your best performing employees with additional vacation days each year by turning it as a friendly competition. For example, the employee that acquires the highest sales on a quarter will receive extra 2 paid vacation days for the year.

Image Credits: pixabay.com

Image Credits: pixabay.com

This may increase the productivity, satisfaction, and morale of your team.

Sources: 1 & 2

Read More...

Stop These 5 Unhealthy Financial Practices

1. SHOPPING UNPREPARED

If you come to a store unprepared, there is a possibility that you will walk out with unnecessary items that are beyond your budget. Whenever I think about this scenario, I remember my aunt. My aunt loves spontaneous shopping trips fueled by her boredom. As a result, she will always go out with nothing but her credit card. She justifies her actions with this statement: “Shopping makes me happy and besides this is just cheap.” But those “cheap” things can add up to a huge sum of debt.

To avoid this, list the things that you need to purchase before going out. Be as detailed as you in order to get a rough idea of how much you will spend. For instance, if you are making a grocery list, do not forget to note how many items you need and how much is the price range for each.

2. BLAMING OTHERS

Q: What is worse than personal destructive money habits?
A: Not owning up to it.

If you are fond of blaming others for your overspending and your negative financial situation then you do not take responsibility for your actions. Thus, you will ignore or deny its consequences. This practice can not only hurt your finances but also your entire life.

Save your life! Be accountable for your actions and start taking necessary actions.

3. WATCHING TOO MUCH

Tom Corley researched the differences between wealthy and low-income individuals for five years. Here are his findings:

a. 67% of the wealthy watch 1 hour or less of T.V. per day vs 23% of the low-income earners

b. 63% of the wealthy spend less than 1 hour per day on recreational Internet use vs. 26% of the low income earners

Spending more time on the television or social media will leave you less time to do more productive things. These productive things such as reading to learn and networking to build relationships will help you create a brighter financial future.

4. PAYING BILLS LATE

When paying the bills late becomes a part of your routine, it can hurt your finances in several ways. Firstly, you may spend the money you are supposed to use for paying the bills. Secondly, you are bound to pay the late payment fees and interest rates for your credit cards. This is why you must prepare money for your bills accordingly by noting them down at the beginning of the month. Put it on your working desk or create a file for it.

If you have a monthly bill, you may try a trick called half payments. For half payments, you prepare the payment for the bill by subtracting half of the bill’s amount to your bank account per two weeks (bi-weekly).

5. AVOIDING THE TRUTH

Over-spenders are usually irrational and impulsive when they are shopping. They usually give absurd rationalizations for their purchases especially when they are confronted about it. Simply put, they do not want to talk about their spending habits as they are ashamed about their financial situation.

This practice only brings harm in the long run. The more you cover up your overspending habits, the more it prevents you from getting professional help to fix your finances.

Image Credits: pixabay.com

Image Credits: pixabay.com

Read More...