Measuring Career Satisfaction Using Buckets
When someone asks if you’re happy in your job, the answer is generally “yes” or “no” after a short pause.
But something very interesting happens in between the question and the answer.
During that brief moment, your brain goes through an assessment to: compartmentalize, weight, and rank all aspects of the job which are most/least important to you. Your job satisfaction is then determined from the aggregate sum of these parts.
Imagine a set of 4 or 5 buckets. Each bucket has a label representing a desired job characteristic. There’s no set combination of buckets or labels – it’s entirely up to you. Just don’t end up with 10 buckets because then you dilute the importance of each. The labels could be anything: social impact, impressing the opposite sex, compensation, contribution, entertainment, work/life balance, ethical practices, whatever would constitute your “dream job”.
Once your satisfaction has been broken down into the buckets, it’s time to re-size them. Think about what’s most important. Determine how heavily each one weighs on your happiness. This will be a very personal process and different for everyone, which is why there are well-paid bankers who overlook their long hours or not as well-paid non-profit employees swelling with pride from their sense of purpose.
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Get In The Game – Start Studying Finance Online
This guest post comes from Connor G. as he discusses online degree programs related to finance.
Breaking into the financial industry can seem daunting. A popular saying goes, it comes down to who you know, not what you know. While this holds some weight, the knowledge you have about finance is extremely important to finding a job in the industry. If you live a busy life or don’t have the resources available to make a big move, you may want to look into studying finance online. The top online finance schools are accredited by the U.S. Department of Education. This accreditation takes into account a school’s history, the quality of teachers they provide, the quality of their masters in finance online programs, and any distinguished alumni that may have attended. Choosing to attend accredited online finance schools is a big step. It is best to take your time and do as much research as possible before deciding where to attend. Continue reading “Get In The Game – Start Studying Finance Online” »
30 Ways to Wreck Your Career
Originally a slide show on BusinessWeek, I’ve had these fatal career mistakes saved on my computer for a while. Already having sent it to a few people there was something about this particular list that caught my attention, and knew they needed to be shared.
It may have been some of the truly entertaining photos,or the fact that I’ve been guilty of close to 50% of these at some point.
Although… I’d be surprised if there’s someone out there who hasn’t committed any of these no-no’s!
I’ve left the original number as they appeared in the slide show, but reorganized them by severity.
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Changing Jobs? Consider a Roth Conversion
“What should I do with my 401k plan when I leave my job?”
The answer to that single question will lead you to an almost unhealthy number of resources offering the right solution for you. If you’ve asked this question before – as have Get Rich Slowly, Money Ning, Joe Taxpayer, Oblivious Investor, or Cash Money Life – then you probably are already familiar with the standard template.
Generally, you have four main options when deciding what to do with your plan.
- Cash Payout
- Leave in old plan
- Bring to new plan
- Convert to IRA*
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