"Service of mankind will secure leadership and good words will overcome powerful enemies"
Dear Freinds,
If you are ever forced by a thief or someone to take money out of an ATM machine, enter your pin number reversed.
So if your number is 1254 mark 4521.
The ATM machine will give you your money, but will automatically recognize this as a plea for help and will alert the police unknown to the thief.
This option is in all ATM machines, but not many people know this.
Please pass this information on to others. No harm in keeping this in
mind!!
Showing posts with label special for you. Show all posts
Showing posts with label special for you. Show all posts
Thursday, March 5, 2009
ATM INFORMATION
15 Companies That Might Not Survive 2009
Who's next?
With consumers shutting their wallets and corporate revenues plunging, the business landscape may start to resemble a graveyard in 2009. Household names like Circuit City and Linens 'n Things have already perished. And chances are, those bankruptcies were just an early warning sign of a much broader epidemic.
Moody's Investors Service, for instance, predicts that the default rate on corporate bonds - which foretells bankruptcies - will be three times higher in 2009 than in 2008, and 15 times higher than in 2007. That could equate to 25 significant bankruptcies per month.
We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly hit by the slowdown in consumer spending, such as retail, automotive, housing and entertainment.
But there are other common threads. Most of these firms have limited cash for a rainy day, and a lot of debt, with large interest payments due over the next year. In ordinary times, it might not be so hard to refinance loans, or get new ones, to help keep the cash flowing. But in an acute credit crunch it's a different story, and at companies where sales are down and going lower, skittish lenders may refuse to grant any more credit. It's a terrible time to be cash-poor.
[See how Wall Street continues to doom itself.]
That's why Moody's assigns most of these firms its lowest rating for short-term liquidity. And all the firms on this list have long-term debt that Moody's rates Caa or lower, which means the borrower is considered at least a "very high" credit risk.
Once a company defaults on its debt, or fails to make a payment, the next step is usually a Chapter 11 bankruptcy filing. Some firms continue to operate while in Chapter 11, retaining many of their employees. Those firms often shed debt, restructure, and emerge from bankruptcy as healthier companies.
But it takes fresh financing to do that, and with money scarce, more bankrupt firms than usual are likely to liquidate - like Circuit City. That's why corporate failures are likely to be a major drag on the economy in 2009: In a liquidation, the entire workforce often gets axed, with little or no severance. That will only add to unemployment, which could hit 9 or even 10 percent by the end of the year.
[Want to land a plum job without paying taxes? Here's how.]
It's possible that none of the firms on this list will liquidate, or even declare Chapter 11. Some may come up with unexpected revenue or creative financing that helps avert bankruptcy, while others could be purchased in whole or in part by creditors or other investors. But one way or another, the following 15 firms will probably look a lot different a year from now than they do today:
Rite Aid. (Ticker symbol: RAD; about 100,000 employees; 1-year stock-price decline: 92%). This drugstore chain tried to boost its performance by acquiring competitors Brooks and Eckerd in 2007. But there have been some nasty side effects, like a huge debt load that makes it the most leveraged drugstore chain in the U.S., according to Zacks Equity Research. That big retail investment came just as megadiscounter Wal-Mart was starting to sell prescription drugs, and consumers were starting to cut bank on spending. Management has twice lowered its outlook for 2009. Prognosis: Mounting losses, with no turnaround in sight.
Claire's Stores. (Privately owned; about 18,000 employees.) Leon Black's once-renowned private-equity firm, the Apollo Group, paid $3.1 billion for this trendy teen-focused accessory store in 2007, when buyout funds were bulging. But cash flow has been negative for much of the past year and analysts believe Claire's is close to defaulting on its debt. A horrible retail outlook for 2009 offers no relief, suggesting Claire's could follow Linens 'n Things - another Apollo purchase - and declare Chapter 11, possibly shuttering all of its 3,000-plus stores.
[See 5 pieces missing from Obama's stimulus plan.]
Chrysler. (Privately owned; about 55,000 employees). It's never a good sign when management insists the company is not going out of business, which is what CEO Bob Nardelli has been doing lately. Of the three Detroit automakers, Chrysler is the most endangered, with a product portfolio that's overreliant on gas-guzzling trucks and SUVs and almost totally devoid of compelling small cars. A recent deal with Fiat seems dubious, since the Italian automaker doesn't have to pony up any money, and Chrysler desperately needs cash. The company is quickly burning through $4 billion in government bailout money, and with car sales down 40 percent from recent peaks, Chrysler may be the weakling that can't cut it in tough times.
Dollar Thrifty Automotive Group. (DTG; about 7,000 employees; stock down 95%). This car-rental company is a small player compared to Enterprise, Hertz, and Avis Budget. It's also more reliant on leisure travelers, and therefore more susceptible to a downturn as consumers cut spending. Dollar Thrifty is also closely tied to Chrysler, which supplies 80 percent of its fleet. Moody's predicts that if Chrysler declares Chapter 11, Dollar Thrifty would suffer deeply as well.
Realogy Corp. (Privately owned; about 13,000 employees). It's the biggest real-estate brokerage firm in the country, but that's a bad thing when there are double-digit declines in both sales and prices, as there were in 2009. Realogy, which includes the Coldwell Banker, ERA, and Sotheby's franchises, also carries a high debt load, dating to its purchase by the Apollo Group in 2007 - the very moment when the housing market was starting to invert from a soaring ride into a sickening nosedive. Realogy has been trying to refinance much of its debt, prompting lawsuits. One deal was denied by a judge in December, reducing the firm's already tight wiggle room.
[See why "Wall Street talent" is an oxymoron.]
Station Casinos. (Privately owned, about 14,000 employees). Las Vegas has already been creamed by a biblical real-estate bust, and now it may face the loss of its home-grown gambling joints, too. Station - which runs 15 casinos off the strip that cater to locals - recently failed to make a key interest payment, which is often one of the last steps before a Chapter 11 filing. For once, the house seems likely to lose.
Loehmann's Capital Corp. (Privately owned; about 1,500 employees). This clothing chain has the right formula for lean times, offering women's clothing at discount prices. But the consumer pullback is hitting just about every retailer, and Loehmann's has a lot less cash to ride out a drought than competitors like Nordstrom Rack and TJ Maxx. If Loehmann's doesn't get additional financing in 2009 - a dicey proposition, given skyrocketing unemployment and plunging spending - the chain could run out of cash.
Sbarro. (Privately owned; about 5,500 employees). It's not the pizza that's the problem. Many of this chain's 1,100 storefronts are in malls, which is a double whammy: Traffic is down, since consumers have put away their wallets. Sbarro can't really boost revenue by adding a breakfast or late-night menu, like other chains have done. And competitors like Domino's and Pizza Hut have less debt and stronger cash flow, which could intensify pressure on Sbarro as key debt payments come due in 2009.
Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody's expects cash flow to be negative in 2009, and if consumers aren't spending during the peak summer season, that could imperil the company's ability to pay debts coming due later this year and in 2010.
Blockbuster. (BBI; about 60,000 employees; stock down 57%). The video-rental chain has burned cash while trying to figure out how to maximize fees without alienating customers. Its operating income has started to improve just as consumers are cutting back, even on movies. Video stores in general are under pressure as they compete with cable and Internet operators offering the same titles. A key test of Blockbuster's viability will come when two credit lines expire in August. One possible outcome, according to Valueline, is that investors take the company private and then go public again when market conditions are better.
Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year.
Landry's Restaurants. (LNY; about 17,000 employees; stock down 66%). This restaurant chain, which operates Chart House, Rainforest Café, and other eateries, needs $400 million in new financing to finalize a buyout deal dating to last June. If lenders come through, the company should have enough cash to ride out the recession. But at least two banks have already balked, leading to downgrades of the company's debt and the prospect of a cash-flow crunch.
Sirius Satellite Radio. (SIRI - parent company; about 1,000 employees; stock down 96%). The music rocks, but satellite radio has yet to be profitable, and huge contracts for performers like Howard Stern are looking unsustainable. Sirius is one of two satellite-radio services owned by parent company Sirius XM, which was formed when Sirius and XM merged last year. So far, the merger hasn't generated the savings needed to make the company profitable, and Moody's thinks there's a "high likelihood" that Sirius will fail to repay or refinance its debt in 2009. One outcome could be a takeover, at distressed prices, by other firms active in the satellite business.
Trump Entertainment Resorts Holdings. (TRMP; about 9,500 employees; stock down 94%). The casino company made famous by The Donald has received several extensions on interest payments, while it tries to sell at least one of its Atlantic City properties and pay down a stack of debt. But with casino buyers scarce, competition circling, and gamblers nursing their losses from the recession, Trump Entertainment may face long odds of skirting bankruptcy.
BearingPoint. (BGPT; about 16,000 employees; stock down 21%). This Virginia-based consulting firm, spun out of KPMG in 2001, is struggling to solve its own operating problems. The firm has consistently lost money, revenue has been falling, and management stopped issuing earnings guidance in 2008. Stable government contracts generate about 30 percent of the firm's business, but the firm may sell other divisions to help pay off debt. With a key interest payment due in April, management needs to hustle - or devise its own exit strategy.
- With Carol Hook, Danielle Burton and Stephanie Salmon
Sphere: Related Contentcold and cough
cold and cough
Symptoms:
Following are the signs that indicate the presence of this ailment:
Running or blocked nose
Sneezing
Sore throat
Congestion
Headache
Low fever with body pain
Loss of appetite
Lethargy
Insomnia
Causes:
The aggravation of kapha due to the intake of cold food, drinks and fried stuff etc causes cough. Seasonal changes is also one of the reasons for cough Improper digestion of food transforms into a mucus toxin (Ama) and this circulates through the body and reaches the respiratory system, where it causes colds and coughs.
Remedies:
The body should be kept warm - especially the feet, chest, throat and head. Sweating is very helpful.
Take half a teaspoon of ginger juice with half a teaspoon of honey, three times a day (morning, noon and night). In winter, warm the mixture by mixing a teaspoon of warm water in it.
Mix half a cup of warm water with one teaspoon of lemon juice and one teaspoon of honey.
Dosage: Take several times a day.
In cases of dry cough (especially during the night), peel a small piece of fresh ginger. Sprinkle some salt on it and chew.
Take equal amounts of cardamom, ginger powder, black pepper and cinnamon (1 teaspoon each). Add sugar equal to the total amount of mixture and grind to make a fine powder.
Dosage: Take half a teaspoon twice daily, with honey or warm water after meals.
In cases of sore throat, a clove or two cardamoms or a few raisins can be chewed.Gargling with warm salty water two to three times a day is also beneficial.
Dos and Don'ts:
The food and activities that are to be avoided are as follows:
Cold foods and drinks
Ice cream, sweets
Fried foods
Milk products (cheese, creams, yogurt)
Sweet fruit juices
Breads
Meats
Nuts
Pastries
Sleeping during the day
Taking a cold shower
Exposure to cold wind, fans, air conditioners
Following are the substances and activities that should be taken in cough:
Boiled or steamed vegetables
Vegetable soup
Spice teas
Herbal teas
Hot milk with a piece of crushed ginger
Half a teaspoon of turmeric powder mixed in milk provides relief.
Reasons for bad dreams, want to know why we get bad dreams
No one likes being jolted awake from a deep sleep, especially when what riled you up was an assailant, a snake in the bed, or being engulfed by flames. Bad dreams—or worse, nightmares—aren’t just annoying; when reoccurring, they can disrupt a good night’s sleep, and sometimes, life.
On the spectrum of dreams, missing an important exam or showing up naked to work pales in comparison to nightmares, which are defined as bad dreams that wake the sleeper. They occur during rapid eye movement (REM) late in the evening and because we jerk awake during them, we usually remember all too clearly the fear, anxiety, and horrors.
Though more common among children, nightmares and bad dreams happen throughout life. But is there anything we can do to prevent the bad things from creeping into our sleep?
1. Anxiety and Stress
Anxiety and stress, often as the result of a traumatic life event, are sometimes the cause of nightmares and bad dreams. According to the International Association for the Study of Dreams (IASD), a major surgery or illness, grieving over the loss of a loved one, and suffering or witnessing an assault or major accident can trigger bad dreams and nightmares. Post-traumatic stress disorder (PTSD) is also a common cause of recurrent nightmares.
Not all nightmare triggers have to be traumatic, however. Everyday stressors, such as job or financial anxiety, or major life transitions such as moving or divorce, can also cause nightmares.
2. Spicy Foods
When and what we eat may affect our nighttime rest, if not our tendency toward bad dreams. A small study published in the International Journal of Psychophysiology had a group of healthy men eat spicy meals before bed on some evenings and compared their quality of sleep on nights where they had non-spiced meals. On the spicy nights, the subjects spent more time awake and had poorer quality sleep. The explanation is that spicy food can elevate body temperatures and thus disrupt sleep. This may also be the reason why some people report bad dreams when they eat too close to bedtime. Though few studies have looked at it, eating close to bedtime increases metabolism and brain activity and may prompt bad dreams or nightmares.
3. Fat Content of Food
Though far from conclusive, some research has indicated that the more high-fat food you consume during the day, the greater the chance that the amount and quality of your sleep may suffer. A small study published in 2007 in Psychological Reports found that the dreams of people who ate a high amount of organic food
differed from those who ate “junk foods.” The authors hypothesize that certain foods may negatively influence dreaming.
4. Alcohol
Though alcohol is a depressant that will help you fall asleep in the short term, once its effects wear off, it can cause you to wake up prematurely. Excess consumption can also lead to nightmares and bad sleep; nightmares are also a common occurrence for those going through alcohol withdrawal.
5. Drugs
Some drugs, including antidepressants, barbiturates, and narcotics, can cause nightmares as a side effect. For instance, a 2008 study published in the journal Pyschopharmacology looked at ketamine, a drug used in anesthesia and recreationally, and found that compared with a placebo, ketamine use resulted in more dream unpleasantness and increased the incidence of bad dreams. Similarly, anyone who has traveled to a country where malaria is endemic may have taken Lariam and had some interesting nightmares associated with it. Nightmares usually cease once the drug is cleared from the system.
6. Illness
Illnesses that include fever, such as the flu, can often trigger nightmares. And other sleeping disorders, including apnea and narcolepsy, may also increase the incidence of bad dreams and nightmares.
While bad dreams and nightmares are considered normal responses in dealing with everyday experiences, the IASD recommends consultation with a therapist if they last in intensity and severity. But trying to eliminate these six factors first may be the best place to start in your quest to sweeten your dreams and chase the nighttime demons away.
ME and MY BOSS
When I Take a long time to finish, I am slow,
When my boss takes a long time, he is thorough
When I don't do it, I am lazy,
When my boss does not do it, he is busy,
When I do something without being told, I am trying to be smart,
When my boss does the same, he takes the initiative,
When I please my boss, I am apple polishing,
When my boss pleases his boss, he is cooperating,
When I make a mistake, I' am an idiot.
When my boss makes a mistake, he's only human.
When I am out of the office, I am wondering around.
When my boss is out of the office, he's on business.
When I am on a day off sick, I am always sick.
When my boss is a day off sick, he must be very ill.
When I apply for leave, I must be going for an interview
When my boss applies for leave, it's because he's overworked
When I do good, my boss never remembers,
When I do wrong, he never forgets
Amazing facts about software professionals
**10% of Software Professionals are predicted to be affected by major
diseases like Carpal tunnel syndrome, heart diseases etc
*20% of Software Professionals marry their co-workers
*30% of Software Professionals are interested in Live in relationship
because they tend to hate the responsibility both in office and house
*40% of Software Professionals are confused about settling down (India or
abroad)
*50% of Software Professionals has No savings in their Bank Account
*60% of Software Professionals are not satisfied with their current wages
*70% of Software Professionals work more than 8 hours across globe
*80% of Software Professionals live away from their Parents
*90% of Software Professionals are NOT HAPPY about their Life, meeting
deadlines, client satisfaction, incentives, promotions, increment, onsite
trips, wife, children, visa status, and commitments
*100% of Software professionals wish they had a choice other than computers
in their life at least once in their lifetime
Sphere: Related Content
A Violinist in the Metro
A man sat at a metro station in Washington DC and started to play the violin; it was a cold January morning. He played six Bach pieces for about 45 minutes. During that time, since it was rush hour, it was calculated that thousands of people went through the station, most of them on their way to work. Three minutes went by and a middle aged man noticed there was musician playing. He slowed his pace and stopped for a few seconds and then hurried up to meet his schedule.
A minute later, the violinist received his first dollar tip: a woman threw the money in the till and without stopping continued to walk. A few minutes later, someone leaned against the wall to listen to him, but the man looked at his watch and started to walk again. Clearly he was late for work.
The one who paid the most attention was a 3 year old boy. His mother tagged him along, hurried but the kid stopped to look at the violinist. Finally the mother pushed hard and the child continued to walk turning his head all the time. This action was repeated by several other children. All the parents, without exception, forced them to move on.
In the 45 minutes the musician played, only 6 people stopped and stayed for a while. About 20 gave him money but continued to walk their normal pace. He collected $32. When he finished playing and silence took over, no one noticed it. No one applauded, nor was there any recognition. No one knew this but the violinist was Joshua Bell, one of the best musicians in the world. He played one of the most intricate pieces ever written with a violin worth 3.5 million dollars.
Two days before his playing in the subway, Joshua Bell sold out at a theater in Boston and the seats average $100.
This is a real story. Joshua Bell playing incognito in the metro station was organized by the Washington Post as part of an social experiment about perception, taste and priorities of people. The outlines were: in a commonplace environment at an appropriate hour:
Do we perceive beauty?
Do we stop to appreciate it?
Do we recognize the talent in an unexpected context?
One of the possible conclusions from this experience could be:
If we do not have a moment to stop and listen to one of the best musicians in the world playing the best music ever written, how many other things are we missing? Think on!!!!
TCS to increase working hours, may freeze variable pay
KOLKATA: It’s official now. Tata Consultancy Services (TCS), the country’s biggest software company in terms of sales, may freeze variable pay to
its over 1 lakh employees as part of a string of cost-management initiatives to cope with the pangs of the global meltdown. The company has also decided to increase employee working hours from April 1, 2009, to 45 hours per week from the present 40 hours that every TCSer needs to clock each week. This was indicated by TCS chief executive officer & managing director S. Ramadorai here on on Thursday.
"In a bid to rein in total manpower costs and spruce up employee efficiency and productivity levels, TCS will take a relook at its performance-linked variable pay practices. Variable compensation payout accounts for 7.5-to-8% of our revenues and this will now be reviewed," said Mr Ramadorai. Manpower costs account for 53% of TCS’s total costs.
Elaborating on other initiaitives to beef up internal efficiences, Mr Ramadorai also confirmed that TCS is increasing employee working hours to 45 hours a week from the present 40 hours per week level. "We believe the additional five hours can be effectively used to upgrade employee skills wherever necessary," said Mr Ramadorai.
Incidentally, the variable component of a TCS employee’s salary is linked to the performance of the company, the business unit of the individual and the individual’s performance. At present, it ranges between 20-to-35% of an employee’s gross salary. Comprising of distinct `company’ and `employee’ components, the variable allowance payment to each TCS employee happens on quarterly and monthly basis respectively, said a TCS official. More importantly, the variable pay increases with seniority.
The latest developments come at a time when TCS is under increasing pressure from global clients to reduce its cost of service delivery and is even losing clients who are trying to drive a hard bargain. "I cannot share client specifics. But it’s true that we have lost some clients. One client, for instance, demanded a 70% discount which was simply unsustainable," said Mr Ramadorai, in response to a specific query.
Dwelling on TCS’s plans to unlock internal efficiencies in times when the company was experiencing muted growth, Mr Ramadorai said: "Our capex was at Rs 1400 crore in 2008-09. You can now expect our future infrastructure-related spends to either get delayed or reduced. They will be rationalised based on real-time decisions once we take a call on the infrastructure budgets for the next fiscal.
TCS managing director S. Ramadorai, however, is unwilling to confirm whether the company’s Rajarhat software campus rollout will hit a roadblock in the backdrop of the company’s decision to cutback future infrastructure-related spends.
Not too long ago, TCS had indicated plans to unveil a spate of cost management initiatives that included ways to rationalise or consolidate TCS’s infrastructure globally to save costs. Other measures recommended were saving on energy costs through efficiency programs and optimising on travel and communication costs. The TCS management had also indicated that it was re-examining its capex program to conserve cash in the current volatile environment.
Tata Realty Infrastructure Ltd (TRIL), the real estate arm of the Tata group, has been roped in to execute development of the TCS upcoming
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campus at Rajarhat.
Confirming this, TCS’s global human resources head Ajoyendra Mukherjee said: "TRIL has been given the mandate to execute the Rajarhat software campus over the next 24-odd months. I cannot share investment numbers at this point, but I can confirm that 15,000 employees will work in the upcoming Rajarhat campus which will come up at our 40 acre plot. Once the new campus is set up, we may relocate a section of TCS’s employees operating at some of out leased facilities in Salt Lake Sector V."
TCS has some 8000 IT professionals on its rolls in Kolkata who are distributed across the company’s eigth-odd centres in the Salt Lake Electronics Complex (Saltlec). Six of these facilities are leased while two are owned by TCS.
What is recession?
This Story is about a man who once upon a time was selling Hotdogs by the roadside.
He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a bigger and better stove.
As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it." The son said, "The international situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad times.."
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard,
removed all the special schemes he was offering to the customers and was no longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his hotdog stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."
Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!
Tuesday, December 30, 2008
STRESS MANAGEMENT TECHNIQUES
Stress Management Techniques for People Searching for Answers
Guide on How to Mange Stress
Stress Management
is more than anger management and relaxation. It is self management.
There are many different ways to manage stress. I have compiled the
various stress management
techniques that are simple and most effective to follow and practice.
Please feel free to use as many as you can, keeping an open mind, so
you can have a collection of techniques that are the most effective for
you.
Feel Good about your Self
Take Care of your Body
Develop the Right Attitude
Develop the Right Environment
Short Tips for Busy People
1. Feel Good about your Self
If
you want to bring down your level of stress level in a matter of
minutes, these techniques will help you. Use them as needed to feel
better quickly; practice them regularly over time and gain even greater
benefits.
Ø Deep Breathing from the Abdomen
Ø Meditation
Ø Having a dose of Laughter
Ø Progressive Muscular Relaxation
Ø Listening to light music
Ø Practicing Yoga
Ø Aerobic Exercises
Ø Creative Visualization
2. Take Care of Body
When
we're stressed, we don't always take care of our bodies, which can lead
to even more stress. Here are some important ways to take care of
yourself and keep stress levels lower.
Ø Eat Healthy low fats â€" high protein meals
Ø Have six to eight hours of regular sleep
Ø Exercise regularly
Ø Develop a Hobby
Ø Have healthy Sex Life
3. Develop the Right Attitude
Attitude
plays a great role in managing stress. Much of your experience of
stress has a lot to do with your attitude and the way you perceive your
life's events. Here are some resources to help you maintain a
stress-relieving attitude.
Ø Let go your Ego
Ø Have a Optimistic approach to life
Ø Do not react under pressure
Ø Stop Worrying about things not in your control
Ø Accept that everything cannot be perfect
Ø Find an opportunity in every problem
Ø Say good things to your self â€" affirmations
Ø Have a health sense of humour
4. Develop the Right Environment
Having
ambiance and pleasant environment make stress management very easy.
Your physical and emotional surroundings can impact your stress levels
in subtle but significant ways. Here are several ways you can change
your atmosphere and less your stress.
Ø Clutter free home, office and working desk
Ø Green and Clean surrounding
Ø Light instrumental music
Ø Motivational Posters
Ø Words of Wisdom
5. Short Tips for Busy People
Busy
People add a lot of stress to their already stressed life. People who
may have more stressors in their lives is because they have more
activity in their lives, and less time to devote to stress management.
If you're a busy person, these resources can help you to manage stress
efficiently in a short amount of time, and eliminate some of what's
causing you stress in the first place.
Ø Time Management Tips
Ø Communication Skills
Ø Listening Skills
Ø Managing Priorities
Ø Enhancing Team Work
Ø Enhancing People Skills
What is IPO?
About Public IssuesCorporates may raise capital in the primary market by way of an initial public offer, rights issue or private placement. An Initial Public Offer (IPO) is the selling of securities to the public in the primary market. This Initial Public Offering can be made through the fixed price method, book building method or a combination of both.
There are two types of Public Issues:
ISSUE TYPE
OFFER PRICE
DEMAND
PAYMENT
RESERVATIONS
Fixed Price Issues
Price at which the securities are offered and would be allotted is made known in advance to the investors
Demand for the securities offered is known only after the closure of the issue
100 % advance payment is required to be made by the investors at the time of application.
50 % of the shares offered are reserved for applications below Rs. 1 lakh and the balance for higher amount applications.
Book Building Issues
A 20 % price band is offered by the issuer within which investors are allowed to bid and the final price is determined by the issuer only after closure of the bidding.
Demand for the securities offered , and at various prices, is available on a real time basis on the BSE website during the bidding period..
10 % advance payment is required to be made by the QIBs along with the application, while other categories of investors have to pay 100 % advance along with the application.
50 % of shares offered are reserved for QIBS, 35 % for small investors and the balance for all other investors.
Factors effecting job satisfaction
In today’s competitive environment organisations thrive and survive on their human resources. Values, attitudes, perceptions and behaviour, which form these resources, influence employee performance. It is a key factor in realising organisational and individual goals that in turn greatly depends on individual’s self-motivation and job satisfaction.
What is job satisfaction?
Job satisfaction is one’s attitude towards his job (positive or negative). Satisfaction in work and the work environment is the basic constituent of employee job satisfaction. Employee attitudes and values influence their behaviour. Positive outlook and backup from HR helps modify behaviour resulting in higher performance levels.
Crucial
HR must ensure pursuance of right assignment by the employee at the recruitment and selection stage itself. HR should consider value systems as key credentials along with abilities and experience to be compatible with that of the organisation.
Organisations, which give due recognition to the perceptions, attitudes, motivation and learning abilities of employees, successfully create an efficient workforce. Efficient workforces identify themselves with the organisation’s mission and aid in its success.
How to achieve?
Attitudes influence behaviour and are the indicators of potential problems an organisation might encounter. HR must help employees to cope with frustrations and sustain job satisfaction.
Motivated employees stay on for long to achieve their goals. Job responsibilities, achievements, growth, self-fulfilment and recognition enhance job satisfaction levels. A candid interaction of managers with employees helps develop good relationships. Continuous coaching and genuine appreciation by the managers also enhances job satisfaction.
To cultivate an attitude of excellence in their employees, managers must provide a certain degree of autonomy. Organisations and managers desirous of excelling must therefore, work toward ensuring employee job satisfaction.
‘A happy worker is a productive worker’. The Hawthorne studies conducted at an electrical plant in Chicago from 1924-1932 revealed that employee morale and satisfaction increase productivity. Since then, management has pursued the topic of job satisfaction, as it is believed to enhance performance, reduce absenteeism, retain qualified workers and establish smooth employment relations.
Job satisfaction is a ‘pleasurable or emotional state resulting from the appraisal of one’s job and experience.’ (Locke: 1976).. It is important to realise that these attitudes vary according to individual experiences and expectations and hence there is no single unitary concept of job satisfaction.
Measures of job satisfaction
Unlike other psychometric tools, used to test a sample of behaviour, measures of job satisfaction are prone to subjectivity. However a battery of tests can be conducted to make accurate predictions. One approach is the Global Measure, which measures the overall satisfaction of the job. The second approach is the Facet Measure where satisfaction is measured on each aspect of the job.
Causes of job satisfaction/dissatisfaction
Since job satisfaction is subjective to individual experience and expectation, personality often plays an influential role. Stable personality traits could influence satisfaction or dissatisfaction at work. Type A’ personalities tend to be more aggressive, set high standards for themselves and therefore are more susceptible to job dissatisfaction. In contrast, Type B’s seem to be more relaxed and, this may reflect on their attitudes towards work. Today, there is an increasing interest in the concept of the ‘person –job- fit’ theory. The managerial implications are that people who get themselves into the right job that fit their attitudes and personalities seem to be more satisfied.
The characteristics of the job may also influence one’ is attitude towards it. This could include the physical environment like lighting, temperature and space. Work, when too difficult or easy can lead to dissatisfaction. Reward is viewed as satisfactory only when it is equitable and is in line with expectations. A friendly and supportive group at work is conducive to job satisfaction.
Consequences of job satisfaction/job dissatisfaction
Work Performance:
Though job satisfaction leads to efficiency, recent findings indicate that other factors are responsible for work performance. Today, technological and market forces play a major role in organisational efficiency. Stockbrokers, for example, would depend on the results of the stock market where a rise in share prices would probably lead to satisfaction.
Absenteeism and Turnover:
This causes tremendous cost and loss of investment. An interesting finding is that absenteeism followed by negative feedback like, loss of pay might lead to dissatisfaction and in turn a high rate of absenteeism.
Commitment:
Organisations today have expressed a lack of loyalty and commitment from employees and hence are unable to retain qualified professionals.
Recent concepts of job satisfaction
There is a growing recognition that external environmental factors play an influential role in job satisfaction. Another concept is that performance depends on the overall effectiveness of the organisation.
In today’s competitive world, management needs to continuously emulate practices that will attract and retain a highly qualified and skilled workforce. Dissatisfied employees may be forced to work due to unemployment or insecurity, but this is not in the interests of the long-term success of the organisation. Dissatisfaction may be expressed in other forms like internal conflicts, poor interpersonal relations, low trust, stress leading to workplace conflict, violence and low productivity.
Though job satisfaction is difficult to measure and is dependent on a number of factors, management may reduce levels of dissatisfaction and control workplace conflicts through common objectives like career development, training, appropriate rewards and improvements in the quality of working life.
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