Category: Employment

Employment Rises For London Business School Mim Graduates

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A London Business School degree will give you the edge in today’s competitive world. Located in the heart of London, London Business School offers access to the world’s top recruiters and provides a head-start in forging a successful career in business. Strong relationships have been developed with major recruiters. London Business School’s Career Services team works in partnership with potential employers to identify candidates who are the best match for their job opportunities.

A dedicated team is on hand to support all Masters in Management students to enhance career prospects. The Masters in Management programme is taught by a range of the London Business School faculty, all of whom work at the forefront of global business and produce high-quality research that impacts positively on business all over the world. While a rate of 95% was recorded among last year’s class of 100, the 2011 class of 140 has achieved a rate of 96% – these figures are based on the full-time employment status of students three months after they originally graduate from the course.

Compared to the median salary among graduates in the UK as a whole, the wages of London Business School graduates of this year’s MiM course are around 9,500 higher at 35,000. Breaking down the statistics further, there was a total of 36 corporate sector recruiters, perhaps giving the strongest indication yet of the value of the MiM course across sectors outside of the normal consulting and finance fields. In addition, a grand sum of 22 different recruiters have hired from the programme consistently (i.e. at least one student from each of the last two years).

The release of the 2011 MiM job statistics follows the publication of the School’s MBA employment report last week. It found that within three months of leaving this course, 93% of MBA graduates had found a job. London Business School is consistently ranked as one of the world’s top business schools, and is currently ranked as number one in the world in the Financial Times (Global MBA rankings, 2011). Over 34,000 alumni lead big organisations, run governments, transform communities and start new businesses in over 120 countries. The Masters in Management is a one year programme for recent graduates who are looking to embark on a management-oriented career, but who have limited business knowledge and less than one year of full time, relevant work experience. This programme has been designed following extensive consultation with top graduate recruiters, and provides students with the skills and knowledge to perform in all areas of management across a number of core courses in both academic study and professional development.

Singapore Employment Pass Important Requirements For Foreign Applicants

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The Singapore Employment Pass is a visa issued to foreign businessmen, shareholders, managing directors, supervisors, and employees with specialized skills, according to the Ministry of Manpower (MOM).

To prove their eligibility, foreign applicants are required to provide MOM with these following documents and certificates:
Educational certificates, and if applicable, testimonials from their previous employers.

All the documents and testimonials should be in English, if not, these should be translated into this language by an authorized translation service.
A completed Employment Pass Application form which is downloaded from MOMs official website.

For professionals: In case that their employer is a Singapore-based company, they should be sponsored by this business entity. However, if their employer is an overseas company which does not operate a local office, they should get sponsorship from a local company which must sign the EP form and stamp this with its company seal.
A company should provide its latest business profile which must be registered to the Accounting and Corporate Regulatory Authority (ACRA). However, if a company is not yet registered to this agency, it should provide at least the registration papers from its respective professional body.

The applicants passport-sized photograph which must be taken within the past three months.

Relevant travel documents and passport particulars of an applicant.

It is important to note that MOM usually requires additional documents and certificates to foreign entrepreneurs. For example, they are required to secure an approval letter from the International Enterprise Singapore if they are planning to setup a representative office.

The approval letter should state the purpose of the application, duration of an applicants assignment, and activity for the maintenance and repatriation of an applicant.

Meanwhile, foreign professionals such as doctors, dentists, school teachers, nurses, lawyers, and pharmacists are also required to submit supporting documents provided by their respective accreditation agency or professional body.

Requirements for EP Applicants

One of the most important requirements is a college diploma from a reputable university. However, passing in this qualification does not guarantee a successful EP application since MOM also considers other factors.

For professionals, they should have several years of work-related experience, specialized skills, and at least a fixed monthly salary of S$2,500. And for businessmen, strong entrepreneurial skills and their companys reputation, background, and paid-up capital will determine their eligibility for this visa.

In some cases, MOM also considers an applicants age, roles and responsibility in a company, and current citizenship.

Most Common Clauses In An Employment Contract And Agreement

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Employment contracts and agreements defines the terms and conditions of the working relationship between an employer and an employee.

The contract shows the duties and responsibilities of the employer to the employee and vice versa.

Although each company has its own template, an employment contract usually contains the following clauses:

Parties Involved

This will specify that the agreement is between the employer and the employee.

Position and Duties

The employment agreement should also specify the title of the position that the employee will be holding, together with the specific duties that the employee will perform as set out by the job description that will be attached to the agreement.

Place of Work

This refers to the location where the employee will be tasked to perform his/her duties.

Working Hours

This refers to the required number of hours the employee must meet.

The employment contract should specify the number of hours the employee must work per week and the number of days in a week.

It should also specify the time that his/her job starts and finishes.

Pay

In this part of the employment contract, the employer can specify the equivalent annual salary that the employee will receive.

The contract should also specify the following:

The period that will be covered for each pay day
The day the payment will be made
The method of which the payment will be given

Public Holidays

This part of the employment agreement specifies that the employee is entitled to be paid for the time worked during a public holiday.

Conflict Resolutions

This part of the employment agreement can specify the process and policies that apply in resolving possible conflicts in the future.

This could include the grievance processes that can be used by the employee to report any practices or policies that they feel are unfair or unjust.

This clause may also include the preferred alternative dispute resolution (ADR) process to resolve employment disputes.

The most common type of ADR process is arbitration because it is much more similar to a court proceeding compared to other ADR forms.

Other Clauses

The employer may also include other clauses that aim to protect the operations and the interests of the company.
Some of them are:

Non-compete clause This prevents an employee from accepting employment from a competitor or start their own venture that will compete with your own company.
Non-solicitation clause This clause prevents your employee from soliciting your clients, customers or suppliers.
Non-disclosure clause This prevents an employee from divulging non-public or proprietary information. The contract should stipulate what defines confidential information.
Anti-raiding clause This prevents former employees from soliciting current employees to leave their employment.
Anti-disparagement clause This prevents employees from making statements that opposes the interest of the company.

Employers are advised to seek help from an expert employment law attorney to make sure that all important areas are covered and that no existing laws are being undermined.

Entrepreneurial Options

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Very few people ever got rich by working for someone else. Leaving aside pop musicians, sportsmen and similarly gifted people, the only way to acquire wealth by work is to build a business of your own. The type of business you decide upon will depend on: a) how much money you have available as start-up capital and working capital; b) your business idea; and c) your confidence level.

There are three types of business: 1) the traditional one in which you are reliant solely on your own efforts; 2) a franchise where you follow a proven idea and receive considerable training and back-up from the franchise company; and 3) network marketing.

Each business type has its pros and cons.

The traditional business requires considerable financial input, either from your own resources or part-funded by your bank. You may need to rent premises; buy equipment; hire staff; pay for advertising, brochures, stationery, and stock. A frighteningly high percentage of this type of business fails in the first year. To succeed you need: a good idea, considerable financial backing, good health, an understanding spouse, and stamina. If you do succeed you will own the business outright and benefit from all the profits.
Franchises have a high success rate. Banks like them because each franchise operation has a proven track record and thus the banks can accurately judge the risk, consequently they will lend money for this sort of start-up. However, all the support and training comes at a price: the initial entrance fee is likely to be very high, and a percentage of the business’s turnover has to be paid to the franchise company.
Network marketing, also known as multi-level marketing, has many advantages and few disadvantages. The entrance fee is low and the ongoing expenses are even lower. A network marketing business can be started in your spare time – in fact that is the best way to approach it. Start small, and keep at it. The secret is perseverance, get past the first year and you should find the business has a sound foundation from which you can build a serious income. It is said that 95% of those who survive ten years in network marketing become wealthy beyond their wildest expectations.

So which type of business is for you? If you wish to provide a service or product where you have previous experience from, say, a former employment, the traditional business will be probably be the best choice. However, if you are just tired of working for someone else and making them rich and wish to strike out on your own, then a franchise or network marketing must be the preferred option.

The choice then is determined chiefly by the funds you have access to, and the time and effort you wish to put into your enterprise. A franchise will require substantial funds and 100% commitment. You are jumping in at the deep end, although the franchise company will provide training and support to help you to swim.
On the other hand you can ease yourself gently into network marketing by starting part-time while you continue with your current employment, building your business by ploughing back profits if necessary. Persevere and there will come a time when the income from your own business will be sufficient to support you financially. You will then be able to leave your employment and concentrate on your business, spending more time on it or enjoying considerable free time with your family.

Choosing Placement Consultants in Delhi NCR, Mumbai or All Over India

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Placement or recruitment whichever your prime requisite is, placement consultants based in India serve you accordingly. Despite this fact, you have to choose the consultancy wisely for best results.

Recruitment is a task which can never fade away unless recession reaches to the rim of employment opportunities. No doubt, recession might have affected job scenario, but, on the same hand, emergence of lucrative jobs has balanced the situation. It further implicates that in the present times plethora of job opportunities has been witnessed merely due to the addition of interesting skilled prospects. To begin with, in the modern times, there have been several attempts to utilize best resources to recruit eligible candidates who are potential to serve this vacant position. Among these resources, placement consultants are listed on top of their priority.

Most of these consultants operate as a team and have been employed by consultancies. These placement consultancies based in India understand that zeroing down on final solution from a wide range of options of applicants can be very complicated task to proceed with. Thus, placement consultants in Delhi NCR have a team of experts who hold mastery over tackling manpower operations. Regardless of national or international recruiters, these consultants ensure quality of solutions is not at all compromised with. In simple to comprehend terms, their accuracy of results is always maintained whether their clients have national or overseas placement requisites. Additionally, it is certain that all types of jobs are taken into account by these professionals so that they can bring forth most appropriate employment recommendations.

Besides, these consultants with rich industrial experience are responsible for taking the dual perspectives without letting any types of discrepancies affect the final output of placement. To be even more specific, overseas job consultants in Mumbai and other popular cities of India ensure that they understand needs of job seekers and employers. It indeed makes a point lucid that without hindrance of any sort in their path; these professional job consultants analyze the career prospects for applicants and thereafter connect the same with employment opportunities suitable for them. In this entire process, they do not consume lots of hours to make both ends meet instead their efficient mechanism. On a factual note, they have rich tools and equipments those assist them to deliver best output within a less span of time.

Furthermore, there are multiple aspects those need to be simultaneously managed while placement procedure is being processed. However, this can only be done by individuals who possess expertise at this work. Therefore, the top overseas job consultants in Delhi and Mumbai are worth relying on because they have competence to churn out significant placement solution. If you are seeking employment in India or overseas, then, without any second thought, your first step should be to seek services of reliable placement consultancy. Practically speaking, you don’t have to toil hard to search these organizations as they are expanding their reach effectually. This has in turn resulted in development of several branches of these consultancies in all parts of India. In a nutshell, choosing best service provider to get placed will be apt to let everything proceed smoothly.

Authors: H.R. International is India’s no. Placement consultants in Delhi NCR we provide complete manpower solution for India and international. You can also visit for overseas job consultants in Delhi and top overseas job consultants in Delhi!

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