28 February 2017
Though the year is still young, you may have found that staying on track with your outlined career resolutions is harder than you anticipated. And that’s totally understandable! These are habits and goals you’ve set-up for the long term, so it’s perfectly normal to experience that there may be some road bumps along the way. However, don’t get down on yourself just because you may have fallen a little off the path! Reaching these milestones should be a marathon, not a sprint—there’s still plenty of time to get back on track. Regardless of what those career resolutions are, it’s time to recharge and get back to focusing on your goals for 2017! If you decide it’s time to reevaluate your methods of reaching your career resolutions, here are several ways to reset: Reassess your goals If you’re struggling to keep up with the goals you had originally set, don’t beat yourself up about needing to go back and reassess your resolutions. As you reevaluate your resolutions, ask yourself the following questions: Is this attainable? Is this something I have control of? Is this resolution specific or too abstract? Am I able to accomplish this by the end of the year? Once you finish asking and truthfully answering these questions, you’ll be able to fully assess which resolutions are worth pursuing and which ones you may not be as inspired by anymore. Remember, not going through with every single resolution you set for yourself isn’t a bad thing—it’s equally as important to recognize your top priorities to ensure you’re not putting unnecessary pressure on yourself. Discuss them with others Announcing your career goals is a great way to stay on track and hold yourself accountable. After all, it can be easy to shake them off when you are the only person who knows about them. If you’re looking to stay motivated with your career resolutions, keep friends, family and, co-workers in the loop about your eventual goal and the progress you make. Having someone to talk to through the ups and downs of your journey will help keep you on track and provide you with motivation when you may need it most! Evaluate current habits If you’re having trouble maintaining your current career resolutions, you may want to examine what may be keeping you from making the progress you’re striving toward. You may not recognize it at first, but you could have some heavily ingrained habits that are preventing you from reaching your new goals. For example, if your goal is to consistently arrive to the office on time but you haven’t made proper adjustments to your sleep schedule, you’ll have a tough time following through with your resolution. Take stock of current habits and see what other changes you should make in order to achieve your goals. Treat yourself! Reaching your career resolution is a major accomplishment, and you deserve to reward yourself once you eventually get there! Have a system for rewarding yourself—it could be something small like going out for a drink with friends or something more extravagant. Just pick something that feels rewarding to you, and use it as not only a motivational tool but as a way to congratulate yourself for another step taken in the direction of your resolution.
27 February 2017
24 February 2017
After recently being approved by the New York State Physical Therapy Board to serve as a continuing education (CE) provider for physical therapists and physical therapy assistants, The Execu|Search Group is proud to announce we have now been approved as a CE provider for occupational therapists by the American Occupational Therapy Association (AOTA). Mindy Booth, OTR/L and Senior Director of Clinical Services for Execu|Search’s Health Services team, was in charge of the first and most recent initiatives. “This is an amazing achievement for us as we can now provide a variety of courses that will encompass a wide range of topics relevant to therapy practitioners, including orthopedic and neurological conditions, mental health, cognitive, and functional impairments across the life span,” says Mindy. “Earning this status for our firm ensures our ongoing commitment to supporting our therapists in their lifelong learning efforts. This allows their participation to assist them in maintaining their national registration and state licensure.” The Execu|Search Group is ultimately working towards being recognized as an approved continuing education provider for Speech Language Pathologists.
23 February 2017
Over the years, the word ‘millennial’ has come to elicit many negative associations. Even just hearing the word, you may feel as though it’s embarrassing to be identified in that group, and millennials themselves may feel shameful in recognizing that their own age puts them into such an unpopular category. Among the many characteristics associated with a millennial, they are often considered to be entitled, selfish, lazy, and attached to their phones. However, while it’s easy to look down on the younger, naïve generation, this negative stereotype existed long before Y2K. The narrative of self-involved youngsters has been passed from one generation to the next. In fact, the Baby Boomers were the original “Me Generation,” and Generation X was labeled even more narcissistic than the Baby Boomers. What this trend actually represents is that it isn’t generations that differ heavily from one to the next, but rather young people may simply act more selfishly than their elders. And, while younger folks may lack some real-world experience that comes with age, millennials are hardly the caricatures that they are portrayed as in the media. Among the challenges for today’s millennials entering into the workforce, their unique circumstances make them appear more selfish than prior generations. As anyone looks to begin their careers, they want a good-paying job, ways to pay off student loan debt, and may be looking to get married or buy a home. However, for a generation entering the workforce in the aftermath of the Great Recession, millennials have found that with rising student debt, stagnating wages, and high competition, getting started in life has not been easy. As a result, they may look for any way possible to get an edge up in the workplace. Millennials, while not the first generation to be afforded less respect in the workplace, are particularly stereotyped as unmotivated: from the view of many senior professionals, they are addicted to social media, and they crave accolades that they have yet to earn. However, there is research that suggests otherwise. In addition to feeling as though they are not taken seriously, millennials entered the job market at a time when the unemployment rate was at an all-time high, and they are afraid of losing their jobs. As a result, many in this generation aren’t actually lazy at all—according to Harvard Business Review, they’re work martyrs. A work martyr goes one step beyond a workaholic; not only are millennials working a lot, but they will make more personal sacrifices in order to stay on top of their work or prove that they are an indispensable employee. This fear of being replaceable is evident: while only 17% of Baby Boomers and 19% of Gen Xers gave up unused vacation time they had earned, Harvard Business Review noted that 24% of Millennials did the same—even though as younger employees, they earn less time off. In addition to fearing unemployment, millennials have gotten used to working more for less pay. While they accepted lower wages in the wake of the recession, there is also an overall trend of stagnating wages over the last 40 years. More specifically, according to the Economic Policy Institute, wages of young college graduates have been falling since 2000. Average hourly wages in 2001 for men and women were $18.55—a figure which fell to $16.99 by 2013. Part of this ‘workaholic’ characterization also comes from the fact that millennials typically work longer hours than their coworkers—though not necessarily in the office. While many consider millennials’ attachment to their phones as a bad thing, they are looking at more than just Instagram—they’re also checking email. As the first fully-connected generation, millennials have never left the office at 5:00 pm fully unplugged from work. Because they are always connected, they have a harder time drawing clear divisions when it comes to work-life balance, and they’ll usually answer that important email coming through after-hours. While millennials may still be young, the simple fact that they are handier with a smartphone and may lack experience is hardly a reason to paint them as more narcissistic or lazy than previous generations, as many older professionals used to be not so different from them. As the largest segment of the workforce, millennials will continue to grow into their shoes and prove that they are more than capable to thrive in the workforce. Edward Fleischman is the founder and CEO of The Execu|Search Group
23 February 2017
Since the Great Recession, a number of regulatory mandates have forced an increasing number of financial institutions to focus more of their efforts on due diligence. As a means of cutting operational costs while maintaining an emphasis on being compliant throughout the industry, hedge funds and banks alike have outsourced many operational roles, particularly fund administrators. Jerry Battipaglia, a Managing Director of The Execu|Search Group’s Financial Services division, routinely coaches candidates through the benefits of working as a fund administrator. “The responsibilities of a fund administrator have evolved significantly over the years and it’s grown to be a perfect role for finance professionals interested in making a transition to work at a hedge fund,” says Jerry. If you’re looking for ways to take your career to the next level, here are three FAQs about working as a fund administrator: What will you gain from these roles? If you want to develop both the technical and soft skills you need to make a smooth transition to a hedge fund, a fund administrator can be one of the best ways to perfect the skills you need to stand out to hiring managers. “Fund administrators are in a unique position as they usually work closest with the hedge fund managers, and as a result, get a first-hand glimpse into a hedge fund’s operational processes,” highlights Jerry. For fund administrators on the buy side, working with a variety of hedge fund clients may help to increase your overall financial product knowledge. “As product diversity is an important part of being an effective fund administrator, exposure to various products may help to give you a competitive advantage over other job seekers,” stresses Jerry. Financial institutions are also always investing money in using new systems and technology, and for fund administrators this can serve as a great way to stay up to date on a variety of trade management systems. For example, MarkitWire, Moxy, or Eze Castle, are just a number of in-demand trade management systems that you may have the opportunity to learn how to use. “Overall, this exposure to product diversity and technical advances can make you a more marketable and desirable candidate if your ultimate goal is to work at a hedge fund,” says Jerry. What should you expect? As a fund administrator, you will typically work directly with hedge fund managers, and as a result you will have the opportunity to develop relationships with a variety of hedge fund clients. “While you might not be working for a specific hedge fund, building a strong working relationship with the fund managers through your responsibilities is another way to make a good impression and ultimately get your foot in the door down the road,” highlights Jerry. In addition, fund administrators get a glance into what the working environment could be like at a particular hedge fund. “Whether you’re in search of a positive work-life balance or looking for an employer that has a small start-up feel, a fund administrator exposes you to many elements of working at a hedge fund,” says Jerry. What are employers looking for in prospective candidates? “Prospective employers are typically in search of fund administrators that are willing to learn new concepts, systems, and processes to effectively manage their client’s confidential information,” notes Jerry. Therefore, if you’ve had exposure to different asset classes (e.g., equities, fixed income, etc.), this may broaden your ability to support a wide class of strategies and asset classes at different hedge funds. Additionally, as technological advances continue to impact the finance industry, strong technical skills and staying up to date on certain trade management systems will set you apart from competition. Along the same lines, strong communication skills are a must as you should be able to articulate different investment strategies that will serve the client’s needs and help the business to grow. “The more you can point to examples of how you’ve utilized various transferable skills in the past, the higher your chances are of being hired by a hedge fund,” says Jerry.
22 February 2017
In today’s candidate-driven job market, it’s common for companies to present employees with counter offers when they resign. While it can be tempting to stick with what you know, accepting a counter offer may not always be in your best interest. Here are 3 reasons why the higher salary might not be worth it:
21 February 2017
If you are an accounting professional, you know how important your professional image is. Whether you’re meeting with a client to review their financial future or discussing internal reporting with company executives, your presentation skills need to reflect a polished, knowledgeable, and articulate individual. For many years, this might have only applied to your performance in the workplace. However, today, this extends to your social media presence as well. “If you want to be seen as a respected professional, it’s important to ensure your social media profiles do not raise any red flags about your credibility,” says Michael Cooke, an Executive Vice President within The Execu|Search Group who oversees the Accounting/Finance division. “This is especially true in the finance industry where hiring managers are increasingly using social media to weed out unprofessional candidates. In an industry that has to follow strict regulations, an employer has to trust that you wouldn’t do anything to discredit the organization. Social media certainly blurs the lines between your personal and professional lives, so something like an inappropriate photo can call that all into question.” Regardless of whether you’re actively job searching, here are a number of steps you should take to ensure your digital footprint reflects you in a positive light: Step 1: Check Your Privacy Settings Since social media sites update their privacy settings frequently, you’ll want to make sure that you are aware of what’s being displayed on your profiles. Most sites now have a feature where you can preview how your profile looks to certain viewers, so that is a tool that can help guide your security updates. If you’re job searching, you’ll want to pay close attention to how your profiles appear to people you aren’t already connected to. Step 2: Remove Inappropriate Content Take the time to review all of your social media profiles (including any you aren’t active on), and remove any content that could be misinterpreted by an employer. Although social media is a great platform for facilitating conversation and expressing your opinion, there are certain topics—such as politics and religion—and images that could be deemed offensive or insensitive when taken out of context. As a result, it’s important to comb through all your photos, tags, tweets, status updates, and article shares. If there is any doubt about whether or not something is appropriate, err on the side of caution and delete it. Step 3: Be Consistent Knowing that most employers will use social media to inform their hiring decision, you’ll want to ensure you are portraying a consistent image across all applicable platforms. This is especially important in regards to LinkedIn, which employers use to not only vet candidates, but identify professionals who could be a fit for a role. That being said, you’ll want to ensure the details on your resume align with your LinkedIn profile. If information doesn’t appear to match up, it could raise some red flags about your attention-to-detail—effectively harming your chances of landing the job.
17 February 2017
As rides benefiting Cycle for Survival are held across the country in February and March, The Execu|Search Group will be joining the fight against rare cancer. Stemming from our commitment to community, employees from all of our offices have an opportunity to give back in a different way. This will take place through a variety of initiatives including a fundraising happy hour, a pre-cycle ride to raise awareness and more money for the cause, and a firm-sponsored charity day where employees who donate to the organization can wear jeans to work. Additionally, many employees are riding together at upcoming Cycle for Survival events at their local Equinox. Each ride includes four back-to-back 50-minute sessions. Team members ride relay-style sharing a stationary bike. “This community-oriented culture is one of the first things that drew me to Execu|Search when I was job searching,” says Rebecca Guerrero, a Staffing Manager within Health Services, who is spearheading our Cycle for Survival initiative in Florida. “That’s why Cycle for Survival is a perfect fit for us. It allows us to get involved as a group, while supporting an organization that funds research that can save lives.” 100% of every donation to Cycle for Survival is directly allocated to research at Memorial Sloan Kettering Cancer Center within six months of the events. Over 100 clinical trials, research studies, and major research initiatives have been funded by Cycle for Survival. Learn how you can make an impact, here: https://www.cycleforsurvival.org
17 February 2017
As a creative professional, you know that finding a new position can sometimes be challenging. Even when the creative job market is doing well, finding a job that is the perfect fit for you and your skills can take extra time. This is why a recruiter can serve as a tremendous asset during your search! “When you’re looking for a new position, it can be tough to determine what opportunities are the best fit for you,” explains Anjelica Jones, a Staffing Manager in the Execu|Search Group’s Creative & Digital division. “Having someone in your corner you trust to have an expert-level knowledge of the market can be imperative to you finding your next job.” If you’re looking to begin and maintain a relationship with a creative recruiter soon, here are four ways to ensure the relationship is a good one: Focus on in-person networking The best way to find a recruiter who will be most aligned to your goals is to attend in-person networking events. “When you start a relationship with a recruiter, you’ll want to look out for someone you can build an easy rapport with, as well as someone who may have a similar background to you,” Anjelica says. “From there, they’ll be able to hone in on specific positions that best suit you and your needs. The best way to do this is by attending a job fair or networking event, as it’s the best way to connect with someone in the creative field. ” Be professional While you may be tempted to try and form a comfortable and easy-going relationship with your recruiter, you don’t want to go about it at the expense of making a poor first impression. “In the hopes of building a good rapport with us, many make the mistake of treating their meeting with us as a casual conversation over coffee,” Anjelica says. “However, being too casual is more of a red flag than an indicator of a good relationship. It says to me that you aren’t going to take an interview seriously.” Be prepared Your past work experience is one of the first things you should be prepared to discuss with your recruiter. For them, forming a solid understanding of your background will help them understand the direction you want to go in. According to Anjelica, design-minded professionals will want to prepare their portfolio and a thorough description of each project you wish to present to a recruiter. For creative professionals who don’t focus specifically on design work, Anjelica says having a deep understanding of past experience and projects will help outline a map for your career goals. Keep lines of communication open Regardless of your ultimate goal, candidates should still be open to following up with their recruiter every few weeks. If you want to develop a strong relationship with your recruiter, you should be open to checking in with them every few weeks or so,” advises Anjelica. “Whether you discuss something as simple as how your placement is going, or would like to get advice on how current market trends relate to your career, these quick chats help us act as your true career partner.”