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Employee Stock Options: Do I Invest With A 10% Discount

In other words, this would mean that you have an attractive piece of cake placed right I front of you. It is laden with all the sweetness, you ever wanted have. However, the catch is, one piece of that and you can forget the rest of the dinner because your hunger can only take in that much.

The same analogy goes in for investments. You start investing in stocks and end up putting too many eggs in one basket, the risk automatically rises. Going by the current trend among organizations is to provide a discount to employees who buy their stocks. Now understandably this is done to make things more attractive for the buyer. However, there is a certain thing one needs to keep in mind before indulging in that cake. Even before that let me tell how this thing actually works.

A set amount is of your monthly income is debited off and put into an escrow account. Twice a year, and this may vary from company to company, the money set aside in that escrow account, will be used to buy stocks, either at their lowest prices at buy in or during close, whichever is deemed cheaper. Add to it the employee discount that can vary from 10% to 15%.

Now, you can go ahead and immediately sell it if you want to and earn a 15% bonus, but again these numbers do keep changing.

Now, the thing which you need to keep in mind regarding stock options and the way to hold it. The first one, which we discussed, is for immediate selling and is called an ESOP (Employee Stock Options) and the other one is called RSP (Restricted Stock Purchase). Now what happens in the latter is akin to what one will do to the usual stock and shares i.e. hold on to it for a period in time. Now, chances are that the value of your stock may fall below your discounted price and that you may be facing a loss. If you are willing to sell it within a year, then you do act a short term investor, which may always be a bright idea, especially with company stocks. You may want to hold on to it for a longer period, which again has its risks, but has benefits too. The idea is to keep on checking the prices and the profits you would make.

As for starting a dinner with a cake and missing out on the rest of the food, investment to needs to be diversified. Having a little of most is a much better idea than stuffing oneself with only very few.

How Beneficial Is Working Significant Overtime

Are you working more than 80 hours a week? Is over time working leading to happiness? Are you able to balance your life? Working significantly overtime does not always mean more earning or more happiness.

Many end up working overtime because of the greed of earning more. Stop for a minute and analyses, are working overtime consistently landing to increase in happiness quotient?

Research states that consistent working of significantly overtime is because of any one of this

  • Badly defined job role: Maybe you have accepted a job that is poorly structured, which doesn’t have clear job boundaries. So many times, you end up doing every one job.
  • Your skill and Job description doesn’t match: Have you ended up being in the wrong job? One of another major reason anyone spends loads of overtime because the lack of skill to job smartly.
  • Bad time management: Another reason in this connected world is bad time management, at the office do office work, at home be at home. If you are consistently doing overtime may check your time priorities and allocation. Maybe you are not able to finish job within allocated time due to multi-tasking like doing online shopping, Facebook during work which is breaking your theme of work and every time you break your flow you need to restart to gain speed.
  • You are “YES” person: Saying NO is an art. Don’t accept jobs if you are already loaded with work and if you think. It is right to say No with right reason. Otherwise, you end up accepting everything and spending overtime consistently at work.

 

However, stating all the above, there are some cases where you are working overtime for the period, which does not qualify for consistently working overtime. For example, a lot of accounting jobs need to put extra hours during financial year ends due to business needs and the way business conducted. That is not because of your time management or lack of skill. This kind of overtime happens for short period with correct business reason.  Another such example you are working on your start-up project, where you end up spending loads of time until your idea becomes reality. This is a clear example of passion driving overtime. However, be aware you are a human being you get stressed, you need to revitalize for better thinking and being ultra-productive.

So Working significant overtime consistently surely leads to stress, fatigue making you less productive and innovative. This creates a loop of overtime and stress. Get out of it. Get refreshed, do what makes you happy, spend time on health. A good mind can do wonders in minutes. Be active and alive.

$10 For A 40 Hour A Week, Do I Still Travel?

Let me begin by asking a very simple yet a pertinent question? How much is time really worth to you? Or what is the value of your time?

The answer to the first question will, of course, be similar for most of us. Time is really worth for all us. It is because of its finite self and the limited shelf life we all come with. And that quickly takes me to the second question. What is its value?

Can time be quantified?

The subject for this article will answer it best or perhaps it will give it its best.

Let’s begin with some math first.

A 1-hour commute can roughly translate into 60 miles one way. That would mean 120 miles two ways for a $10 an hour job. So supposedly while traveling let us assume you will burning roughly 7 gallons of gas at $2.5 per gallon. That is $17.5 of gas every day. Now, that figure can vary from $17.5 to $20. And I am talking every day. For an $80 a day earning you will spend almost $20 on gas does not add up to a good career move.

Traveling times are a sheer wastage of limited resources. I do agree, left with no other choice one has to travel great distances or risk the effects of unemployment. However, even if a minimum wage job is available at a distance which is quite comfortable, my advice would be to go for it. Unless that travel time is compensated by an extraordinary rise in pay or a career defining move, it really is not worth wasting so much time.

Instead, save that two and a half hours, which ideally would have been spent in transportation, and use it to diversify. Make use of that time to learn a new skill, add something new to your resume, probably exercise and rest, the list is endless.

So can time be quantified?

Yes, it surely can. Depends on whether you do want to make an attempt to use it wisely. The return you get in terms of financials, knowledge or even emotionally does it make it a worthwhile effort.

For centuries, mankind has been in the grips of the time versus money dilemma. Do I save two hours on a direct flight or $90 while taking a direct flight? It is not an easy question to answer primarily because we are yet to ascertain the priorities at hand. Set it first and then automatically you will be able to judge it.

Would It Be Too Soon To Ask For a Raise at Work After Only Five Months?

The term too early is always dependent on the individual and the company. What some companies consider too early for a raise might be normal for others. Similarly, if you think your performance is worth a raise within the first 5 months of joining a company then you can obviously go for it. Negotiating a pay-raise in 5 months is not quite a norm in majority of the companies, until and unless you have years of experience and outstanding performance to back your claim.

Majority of the companies around the globe think of giving a raise after an employee completes at least one year of dedicated service. However, the question of a raise can’t be rejected if the employee has performed exceptionally well and has managed to bring in huge business to the company. If you think that you are being paid lesser than colleagues working in your rank, you can always raise the issue with your HR.

In several companies, six months is considered to be the end of probation period and it’s better to wait out another month before you can actually raise the issue with your HR. As said earlier, getting a raise depends on the company policy, so you can’t ask for a rise in companies that follow a policy of not allowing a raise before an employee completes certain number of months in the company. There’s no point in arguing with your HR regarding a raise because you feel that you were handed a raw deal during your interview.

The best way to understand whether your company can actually give you a raise is to ask around and enquire a bit with your colleagues whether you can ask for a raise or not. A little survey in your office can clear the air for you and it will be easier for you decide whether you can get a pay hike in 5 months or not. Your colleagues will inform you if any such past raises have been offered to any employee or not. They will also inform you whether there has been any kind of feedback in your performance from the HR department or not.

Getting a raise is quite tough within the first few months if you haven’t performed exceptionally well and in fact have managed to catch the attention of your seniors. Only your seniors and the HR can decide on the raise so it’s better if you find ways to please them with your work and efficiency.

Chart: The Ten Most Common Jobs In America as of 2013

Check out the chart below of the highest jobs by employment status in the United States as of May 2013.

Chart: The Ten Most Common Jobs In America as of 2013

The chart depicts a bar graph of various fields of employment ranging from retail sales persons to custodial positions. It indicates various aspects of employment based in millions. Indicating which jobs which employ the most. The median indicator classified clerical, registered nurses, waiters and waitresses and customer service representatives. Based on the chart as of 2013 the job with the highest number of workers was “retail sales persons.” Whereas the lowest employment would include janitors and cleaners with the exception of maids and housekeeping.