Month: April 2013

What’s Worse Than a Coworker Who Undermines You? | LinkedIn

In a fascinating study led by Michelle Duffy, police officers filled out a survey about how often their closest colleague undermined and supported them. Officers who felt undermined were less committed at work, experienced more physical health problems, and were more likely to take unauthorized breaks and be absent from work. Being undermined was a major source of stress.

But when the underminer was also supportive, things got worse. The officers experienced even lower commitment, had more health issues, and missed more work. It can actually worse to have a colleague who alternates between Dr. Jekyll and Mr. Hyde than to work with Mr. Hyde all the time. When a colleague is a pure taker, you know what to expect, and you can devise strategies for minimizing your exposure and collaboration. But if that colleague takes in some situations and gives in others, it’s harder to avoid the relationship altogether, and it can be quite unpredictable. As Duffy’s team explains, “it takes more emotional energy and coping resources to deal with individuals who are inconsistent

via What’s Worse Than a Coworker Who Undermines You? | LinkedIn.

10 Signs You’re Suffering From Job Burnout LearnVest

Dr. Ballard let us in on 10 signs you may be experiencing burnout:

1. Exhaustion

A clear sign of burnout is when you feel tired all the time. Exhaustion can be emotional, mental or physical. It’s the sense of not having any energy, of being completely spent.

2. Lack of Motivation

When you don’t feel enthusiastic about anything anymore or you no longer have that internal motivation for your work, there’s a good chance you’re experiencing burnout. Other ways this manifests? It may be harder to get going in the morning and more difficult to drag yourself into work every day.

3. Frustration, Cynicism and Other Negative Emotions

You may feel like what you’re doing doesn’t matter that much anymore, or you may be disillusioned with everything. You might notice that you feel more generally pessimistic than you used to. While everybody experiences some negative emotions from time to time, it’s important to know when these are becoming unusual for you.

4. Cognitive Problems

Burnout and chronic stress may interfere with your ability to pay attention or concentrate. When we’re stressed, our attention narrows to focus on the negative element that we perceive as a threat. In the short term, this helps us deal with the problem at hand, Dr. Ballard says, “but our bodies and brains are designed to handle this in short bursts and then return to normal functioning. When stress becomes chronic, this narrow focus continues for a long time and we have difficulty paying attention to other things.”

This “fight or flight” tunnel vision can negatively affect your ability to solve problems or make decisions. You might find that you’re more forgetful and have a harder time remembering things.

5. Slipping Job Performance

Not sure whether you’re burnt out? Compare your job performance now to your performance in previous years. Because burnout tends to happen over an extended period of time, taking this long-term view might reveal whether you’re in a temporary slump or experiencing more chronic burnout.

6. Interpersonal Problems at Home and at Work

This tends to play out in one of two ways: (a) You’re having more conflicts with other people, such as getting into arguments, or (b) you withdraw, talking to your coworkers and family members less. You might find that even when you’re physically there, you’re tuned out.

7. Not Taking Care of Yourself

When suffering from burnout, some people engage in unhealthy coping strategies like drinking too much, smoking, being too sedentary, eating too much junk food, not eating enough or not getting enough sleep. Self-medication is another issue and could include relying on sleeping pills to sleep, drinking more alcohol at the end of the day to de-stress or even drinking more coffee to summon up the energy to drag yourself into work in the morning.

8. Being Preoccupied With Work … When You’re Not at Work

Even though you might not be working at a given moment, if you’re expending mental energy mulling over your job, then your work is interfering with your ability to recover from the stresses of your day. In order to recover, you need time to yourself after the actual task stops … and time when you stop thinking about that task altogether.

9. Generally Decreased Satisfaction

This is the tendency to feel less happy and satisfied with your career and with your home life. You might feel dissatisfied or even stuck when it comes to whatever is going on at home, in the community or with your social activities, Dr. Ballard says.

10. Health Problems

Over a long period of time, serious chronic stress can create real health problems like digestive issues, heart disease, depression and obesity.

via 10 Signs You’re Suffering From Job Burnout LearnVest.

Top 10 U.S. cities for growing businesses – MarketWatch

LOS ANGELES (MarketWatch) — When a prospective business owner decides where to set up shop, or a promising young graduate considers the best place find a job, they ask themselves the same key question as any savvy investor picking stocks: Where’s the most upside?

It’s also the basic question MarketWatch addresses in new rankings of the 10 cities in 2012 that saw business prosper the most. Using a variety of economic data to evaluate business conditions in the nation’s 100 largest metro areas, the survey not only ranks the top and bottom locations, it illuminates the business climate, what powers growth and how well companies are increasing sales, profits and stock prices.

The results of “Top Cities for Business Growth in 2012” demonstrate that geography has no impact on a region’s economic prosperity, and that a healthy business environment can be created just about anywhere — and in relatively short order.

It does show that metro areas with strong ties to technology and energy fared well during the year — and those areas building up a presence in the biotechnology and pharmaceutical space are getting a bonus in jobs and general wealth.

Generally, however, cities with a diverse economy and an array of industries and companies did better in the study. We found that variables such as climate and quality of life often have little to do with whether a region thrives; it’s more the concentration of businesses and talent that make the difference.

Not surprisingly given the importance of technology, both San Jose and San Francisco made the top 10. Yet they were outranked by Houston, where energy has a massive presence and biotechnology firms are multiplying each year.

via Top 10 U.S. cities for growing businesses – MarketWatch.

Retirement plans could get $3 million cap – Video – Personal Finance

Have you heard about this — if not, time to get into the game and start learning more about it. Retirement planning is no joke 🙂

Retirement plans could get $3 million cap

The proposed $3 million cap on savings could cost the government more in the long run if savers pull away from stashing money away for retirement.

via Retirement plans could get $3 million cap – Video – Personal Finance.

10 things Coke, Pepsi and soda industry won’t say – MarketWatch

People aren’t losing their thirst, but they are going back to basics. Water is one of the fastest-growing segments of the beverage industry, studies suggest, while sales for traditional fizzy drinks are on the decline. From 2009 to 2011, sales of regular soft drinks declined by 1.9% to $27 billion, according to a 2012 report from market research group Mintel. “It would seem that the category has seen its peak and is now retreating,” the study reported. (Consumers are choosing more low- and no-calorie beverages, says a spokesman for the American Beverage Association.)

via 10 things Coke, Pepsi and soda industry won’t say – MarketWatch.

Tax Tip: How Long Should I Save My Tax Records? – Yahoo! Finance

The time period for keeping all other tax return records relies on the fact that the IRS, and most state tax agencies, has three years from the due date of a tax return (some states have four years), or filing date if you had any extensions or filed late, to audit and revise that return. If you filed your 2012 Form 1040 by the April 15, 2013 due date, Uncle Sam has until April 15 of 2016 to audit the return and assess additional taxes.

Except in the case of tax fraud – if the IRS auditors can prove tax fraud they can go back forever.

I recommend keeping all of the back-up documentation for a tax return for four full years. This includes all applicable bank statements and cancelled checks as well as W-2s, 1099s, 1098s, worksheets and appropriate receipts and bills. You can toss all such information for your 2012 tax return on April 16, 2017.

via Tax Tip: How Long Should I Save My Tax Records? – Yahoo! Finance.