Breaking Down a CFA Salary for Your Career

Breaking Down a CFA Salary for Your CareerBreaking Down a CFA Salary for Your CareerMany financial professionals seek theChartered Financial Analyst designation to improve their marketability and salary prospects. In this article, were going to delve into the numbers behind CFA salary data to discover how much difference a CFA charter can make in salary. Its not an easy task, because the CFA Institute does not make such information available and because, unlike, say, a law degree, the CFAis broadly applicable to the financial services industry and doesnt have a clear career progression. This makes it hard to measure any salary increase attributable to the CFA charter. Salary Based on Experience According to CFAplanet,a site that tracks CFA-related statistics, there are a couple of different ways to break down a CFA salary, such as by years of experience. According to their estimates, a charter holder with between one and four years of industry experience can expect to earn a zen tralwert salary of $78,190, while those with between five and nine years under their belts will earn an average of $99,370. Those with more than 20 years of experience will take home a median salary of $152,122. Now, remember that those are median salaries, meaning that there will be many people earning more and less than those figures. Perhaps the most meaningful way to compare CFA salaries is by job title since that will be most useful to anyone seeking to determine how much they could add to their current salary by pursuing a CFA charter. Data from Payscale.com confirms that the least paid CFA charterholder positions are financial analysts, who earned salaries between $43,741 and $99,957. The highest paid positions will come as no surprise to most of us and are those held by Chief Financial Officers, who earn between $78,410 and $242,395. Investment analysts are next in line at the trough and can earn as much as $125,403. A 2007 CFA Institute membership compensation survey of 9, 000 U.S.-based respondents give us some illuminating data. 64% of respondents had between five and 20 years of experience and over 50% had completed an MBA. On theother hand, 37% did not have any graduate education. 42% of respondents worked at investment management firms. The top three positions reported were Portfolio manager (9%), Buy-side research analyst (8%), and C-Suite executive (8%). Caveats and Exemptions Now that weve given you some of the data, lets talk about all of the caveats and exemptions. Since there is no official data from the CFA Institute, most of these salary numbers were cobbled together from employment data and job search sites. As you may expect, its important to control for factors like educational background, years of experience, and job position when looking at salary data. According to industry data, compensation in the financial services industry is highly correlated with experience. A significant number of CFA charterholders are also compensated w ith bonuses and incentive pay that may not be captured in their reported salary. According to the CFA, compensation reported cited above, 90% of 2007 respondents were eligible for cash bonuses and 80% were eligible for non-cash compensation like restricted shares or share options. In short, there isnt an easy way to analyze CFA salary information. However, for comparative purposes, the easiest way to judge how much a CFA charter would benefit your career is to look up salary information for your target job role and determine what it will take for you to achieve that role. Understanding the base requirements for achieving your desired job or level of seniority and then understanding what desired characteristics can get you there faster is key to working out a career trajectory. Some career tracks require a CFA charter as part of the educational background. For others, its simply a way to differentiate yourself from the competition and increase your analytical skills.

The In-House Advertising Agency Model

The In-House Advertising Agency ModelThe In-House Advertising Agency ModelThere are many different types of advertising agencies, including Above-The-Line (ABL), Through-The-Line (TTL), Below-The-Line (BTL), digital, financial, and healthcare. Then theres the in-house agency, which can be a mix of several of those or something completely different in its own right.Some agencies actually get their start as an in-house department, and through effort, great work, and award shows,it becomes an agency in its own right. A famous example of this is The Integer Group in Colorado, which started out as an in-house agency for Coors, but quickly graduated to do work for other clients including Starbucks, Acuvue, Victory Motorcycles, and Polaris. An in-house advertising agency is usually owned and operated by its one and only client the company doing the advertising. Instead of this company outsourcing its advertising to an agency (or these days, several agencies with different disciplines), its ad campaigns are often handled by its own in-house agency.Some advertising may still be directed to outside agencies, but usually on a per-project basis. Or, in-house agencies will handle one area of communication, while external agencies handle the others. How In-House Agency Operates There islittle structural difference between an in-house agencyand a traditional agency that has multiple clients. In-house agencies have their own creative directors, art directors, copywriters, production experts, media buyers, account executives, and every other role youd expect to see in an agency. However, there are big differences when it comes to the actual work being produced, approval processes, hours, and workloads. For example In-house agencies work for only one client their employer. Everything they do, from websites and guerrilla to TV and direct mail, is all for that one brand.In-house agencies dont have to pitch for new business. They are given all the work they need from the compa ny that owns them.In-house agency employees have much better hours than agency employees. There is no grind, very few late nights and weekends, and the atmosphere is less hustle, and mora nine-to-five.In-house agencies have fewer approval processes to go through. There is no middleman, as with an agency. Campaigns are developed hand-in-hand with the people who will ultimately approve the project, so this cuts down on wasted time and miscommunication. In-house agency employees are often paid more than their agency counterparts. Working in-house is seen as less prestigious than working at an agency, and many people do not relish the idea of working on only one product, day in, day out. So, the compensation is higher.In-house agency employees usually get much better benefits packages, as they are backed by larger corporations with much more purchasing power. This, combined with the hours and salary, is often referred to as golden handcuffs. Once you go client-side, its hard to go back to the tougher agency world that has more hours and less money. In-House Agencies Are on the Rise Corporations around the world see the many advantages of an in-house agency. Ad agencies charge a lot of money for projects, and they also charge overtime. They dont know the product or service as well as the in-house staff, and they are split between many different clients. Chipotle famously dumped agencies in 2010, and the work of their in-house team has since won many awards. With an in-house agency, the client is getting 100% dedication, no overtime or rush charges, subject matter experts, and employees who directly benefit from the company doing well. Its cheaper, its faster, and these days, its way easier to get very talented people to come client side. Companies like Apple and Google are attracting big names from advertising. The stigma that was once attached to selling out and promoting only one brand has almost gone. After all, why work for an agency that hires and fires b ased on the clients it wins or loses when you can have the stability, and financial support of a company that wants you to succeed? Addressing The In-House Agency Stigma There is definitely an us vs. them attitude when it comes to traditional ad agencies, and in-house agencies. One could easily equate this to the difference between the major and minor leagues in baseball. Those who work in agencies believe that in-house agencies are not pure. And, they will cite the following reasons for their dislike and beratement of the in-house model You only work on one client, which pays your salary. Therefore, its not a challenge.You dont have to pitch or work hard to get your accounts.You work regular 9-5 hours. Thats not really advertising.You dont do good work. Its mostly mediocre.You can only attract low-grade talent. The real professionals work in traditional shops. Once, some of those statements were true across the board. But times have definitely changed, and the in-house agency, as cited above, is on the rise. In fact, some of the biggest names in advertising have gone from agency-side to client-side, choosing to work for companies like Apple, Google, Target, and Microsoft. Why the change? Well, here are some of the many positives Theres a great work-life balance. Who wants to work 18 hours a day?You are working to promote your own products and services.Your campaign success equates directly to your companys success.You dont have to keep pitching. You have the work and can focus on it.You CAN do award-winning work, without the stress and heartache.You have a much faster approval process.?You have much more influence on the campaigns being produced.Layoffs due to account losses are not something to worry about. So, if you do work in-house, and get laughed at by ad-agency employees, refer to that list. And when they remove the chip from their shoulders, they will see that its actually beneficial to work in-house, if you can find a good, creative fit. Famo us In-House Advertising Agencies There are many in-house advertising agencies in America, and around the world. Many are simply called the creative department in that corporation, but some have their own branding, name, and identity. Here are some of the biggest Fidelity Communications Advertising (Fidelity Investments)Content Factory (?Coca-Cola)Yellow vierundzwanzig stunden Productions (?Best Buy)Yellow Fan Studios (?Sprint Communications)BBC Creative (?BBC) What was once considered to be the red-headed stepchild of the agency world is now very much legitimate. Go in-house, and you can still win awards and travel the world. But, you will still have enough time to see your family and live a relatively normal life.

Vortex Shedding Flowmeters

Vortex Shedding Flowmeters Vortex Shedding Flowmeters Vortex shedding is the process by which vortices of gas or liquid are formed around a solid object that obstructs the path of a gas or liquid stream. These shed vortices are carried downstream in the flow and are detected by vortex shedding and fluidic flow meters, which measure thevelocityof liquids and gases such as water,cryogenicliquids,boiler feed water,hydrocarbons, chemicals, air, nitrogen,industrial gases, and steam flowing through the pipe.Although vortex shedding flowmeters have been available for decades, they are increasingly being used to measure industrial flowpartly because of the hydraulic improvements made over the years, especially changing the shape and/or mechanics of the shedder bar and its interaction with the sensing system.Some manufacturers have also developed insertion vortex shedding flowmeters that measure flow at one point in a pipe and use this measurement to infer the total flow in the entire pipe, s ays Erik Rosaen, vice president of marketing for universell Flow Meters. Using an insertion flowmeter represents a viable economic alternative to installing an expensive full-bore flowmeter in a large pipe.Improved PerformanceFlowmeters are now made from tough exotic metals such as HastelloyTM, a range of highly corrosion-resistant metal alloys containing nickel, molybdenum, chromium, and other metallic elements.An example of a vortex shedding flowmeter.Sensing systems, associated electronics, such as transmitters, and software algorithms have also improved over time to provide better flow measurement performance. Early sensing system designs used pickup coils, ultrasonic sensors, fiber-optic sensors, and thermal sensors to sense vortices, says Rosaen. Recent designs typically sense vortices using piezo-electric or ultrasonic sensors. In combination with hydraulic improvements, these sensing systems have helped increase vortex shedding flowmeter rangeability, improve performance (pa rticularly at low-flow conditions), and digitally communicate with control systems.Vortex flowmeter transmitters are also high-techincorporating the latest microprocessor designs has greatly improved transmitter reliability, and stability. The additional computing power enables manufacturers to develop and implement sophisticated algorithms to improve vortex shedding flowmeter performance.Some vortex shedding flowmeter manufacturers have taken this further by embedding pressure and temperature sensors into the flowmeter body, adds Rosaen. Some manufacturers have also added the functionality of a flow computer to the transmittereffectively implementing a multi-variable vortex shedding flow measurement system that can calculate the mass flow of a gas.Durability and AccuracyRosaen indicates that many users dont fully understand the Reynolds number (a dimensionless number that describes the flow characteristics of the fluid and is calculated using the flow rate, specific gravity, viscos ity, and diameter), density constraints on low flow performance, and the need for back-pressure.People often (correctly) think of vortex shedders as flowmeters that measure fluid velocity, he says. However, vortex shedding flowmeters typically become non-linear at low Reynolds numbers and stop generating vortices (turn off) at an even lower Reynolds numbers. These Reynolds-number constraints can and do vary by actual manufacturer, model, and size. A subtlety in this regard is that a medium-viscosity liquid flowing at a given velocity might be measurable in a large flowmeter, but notlage in a small flowmeter of the same manufacture and design.In addition, gases operating at low pressure often do not have sufficient density to operate the sensing system at low flow conditions. Some liquids can also exhibit this problem. These phenomena can (and often do) raise the minimum operating velocity to be above that of the Reynolds number constraint. Not taking Reynolds number, density, and ve locity into account can be catastrophic with regard to flowmeter performance in some applications.Users need to understand that the bluff body in a vortex shedding flowmeter generates a pressure drop that could cause the liquid to fall below its vapor pressure and flash. Operators should ensure there is enough back-pressure to keep this from happening. In addition, using vortex shedding flowmeters in gravity feed piping can be problematic.Because vortex shedding flowmeters are ruggedly built they are often used in harsh or challenging conditions, such as measuring cooling water, gases, steam, and compressed air. One example that shows the durability and accuracy of vortex shedding flowmeters is measuring, monitoring, and communicating to a central location the amount of water that is added to a concrete truck at the pour site to achieve proper concrete consistency.This application may seem mundane, but the flowmeter must withstand rain, snow, sun, vibration, and still operate proper ly for years, says Rosaen. In addition to needing to be economical (one flowmeter installed on every truck), the flowmeter must not be damaged by air flowing at high velocity when the pipe is blown dry. Other flowmeter technologies can measure flow more accurately, but they are not likely to operate in these harsh conditions and maintain accuracy over time.Mark Crawford is an independent writer.Although vortex shedding flowmeters have been available for decades, they are increasingly being used to measure industrial flow.Erik Rosaen, vice president of marketing, Universal Flow Meters

Automated Resume Builder, RESUMAX, Released by TimesJobs.com

Automated Resume Builder, RESUMAX, Released by TimesJobs.com Automated Resume Builder, RESUMAX, Released by TimesJobs.com The solution is designed around standard resume best practices and uses core-competence algorithms based on world-class resume writing criteria sourced from a variety of recruiters and top companies. RESUMAX allows for resume benchmarking from within a pool of resumes used to accurately calculate and assign an objective Rscore. Rscores are based on the three core areas of overall resume presentation, impact of resume content, and soft skills assessment as represented in the resume.Amit Jain, head of business at TimesJobs.com commented, Resumes are the core of any jobseekers profile, however recruiters are increasingly spending less and less time filtering through candidate resumes. It is therefore imperative for jobseekers to have resumes that pop We are excited to introduce the unique RESUMAX solution to help jobseekers build world-class resumes that can clear the 30-second scan test.Salil Pande, CEO of VMock, TimesJobs technology partner on the RESUMAX project, said, Our instant resume feedback platform has been used by students from hundreds of institutions including premium institutions like BITs, IITs and IIMs to perfect their resumes, and we are now excited to be launching Natural Language Processing (NLP) and Artificial Intelligence (AI) enabled Worlds First Automated Resume Building Platform with such a powerful partner. We are confident that TimesJobs users will find the RESUMAX Solution to be quick, easy and insightful.Master the art of closing deals and making placements. Take our Recruiter Certification Program today. Were SHRM certified. Learn at your own pace during this 12-week program. Access over 20 courses. Great for those who want to break into recruiting, or recruiters who want to further their career.

The Number One Question You Must Ask for Nanny Resume Skills

The Number One Question You Must Ask for Nanny Resume Skills Reading each and every work post thoroughly to recognize specific abilities or experiences parents are looking for can help lead you about what to highlight in your personal resume. When youre a teacher, you will need to have a feeling of humour and joke around with your students. Inside my opinion, its very tough to have a boring day at work when youre a teacher. Reflect on whether youre enjoying the work you do. The Nanny Resume Skills Cover Up Even should you not have actual formal nanny experience, parents could possibly be keen to hire you in the event that you have significant childcare experience, either in your family, or at a prior job where you worked with children like a teacher or daycare employee. Parents should be in a position to trust the babysitter they wind up hiring. Aside from formal qualifications most parents are trying to find a nanny with successful expertise in childcare. For other helpful hints, take a look at our complete time nanny resume example below. A nanny is liable for looking after young children at an official institution, private house, or business. Our Nanny resume sample is a fantastic reference youll be able to utilize to craft an effective resume. A superb nanny can only be set by viewing their resumes. Babysitters are responsible for taking care of some other familys child or children. In a feeling, a Nanny is regarded as a specialist in child care. A Nanny is a rather noble profession that has vast repercussions in contributing upright, responsible and productive folks to society. The Benefits of Nanny Resume Skills There are a few schools who prefer teaching novices since they like to offer fresh graduates the chance to hone and develop their skills in a true atmosphere. If you have little teaching experience, include volunteer positions and co-curricular pursuits that involve teaching in some manner. Whats universal, nevertheless, is t hat some kind of education or training is needed to serve as a preschool teacher, no matter the setting. You didnt choose to be a teacher since you wished to turn into rich, you did it since you have passion for education. Vital Pieces of Nanny Resume Skills An application letter is where to show youre passionate about teaching. Your resume should always fit your personal work history and the necessities of the job for which youre applying. Irrespective of your degree of work knowledge, your resume format is crucial to making your application stick out. The template gives a valuable guide that you may use to compose a resume yourself. Also, you will need to find some work application objective samples available to truly have a look at them before actually producing your own objective statement. If youre asking for a specific position, it is far better to compose a continue which contains a work application objective at the exact top of the extremely first page. There are key words you must have in your preschool teacher resume to help it rise to the peak of the many applications each work opening receives. Take advantage of the advice and example presented above to learn and master the action of writing good resumes, and get started making them by yourself whenever you should apply to get a nanny job. As a complete time nanny, you wish to get the most suitable family that is employed for your personal and professional objectives. Likewise, jobs not directly linked to child care can nevertheless be mentioned should they help demonstrate skills or experience necessary for tasks set out in the job posting. When youre making your nanny resume, youre not merely applying for work, youre asking to fill a vital region in a familys house life. Possibly the biggest challenge in your normal nanny job is having to adapt to various people with various requirements and requirements in new environments. When you submit an application for a preschool teaching pos ition, you are likely in competition with several different candidates who have similar or even greater qualifications than you. Your abilities and qualifications statements ought to be concise bullet points about what youre able to do. If thats the case, your resume can nevertheless be quantified, and provide the hiring manager a concrete idea of the range of your abilities and abilities. The New Fuss About Nanny Resume Skills You need to be able to prove to the family members or child care home that youre an individual of impeccable character and since the prospective hirer might not have honigwein you in person, your resume should function as an excellent representation of your person. Youre able to present her what an excellent employee youve become. Utilizing the duties and duties of a nanny mentioned in the work description above in your resume will prove to employers you have the needed experience to be successful at work. Your resume should quickly persuade the prospe ctive employer that youre a superior candidate for the nanny job and the most suitable person to look after their children.

Keep Your Head Up, And Keep On Learning A Time Inc. Developers Advice To New Women In Tech

Keep Your Head Up, And Keep On Learning A Time Inc. Developers Advice To New Women In Tech Mobile Developer Claire Young has spent the past six months working for Time Inc. from the companys Seattle bro. Shes been in the tech field since high school, when herbei interest in computers led her to declare an undergraduate major in computer science, and shes never looked back.PowerToFly spoke with this mom of two about her flexible work schedule and her favorite parts of her Time Inc. teams culture. Claires advice to women interested in tech Keep your head up, and keep on learning.Please introduce yourself to the PowerToFly community.My name is Claire, I work at Time Inc. in the Seattle office. I am the main iOS developer in a kreuzung app development team here at Time Inc. I am originally from Seattle my family all lives in the Seattle area. I was away for about nine years in the midwest, and then took a couple years off to have kids, and now Time Inc. is my first full-time job back in Seattle. Image via Claire YoungHow did you get started in tech?I originally got started in tech such a long time ago. When I was in high school I liked using computers, and I thought going into tech had a lot of potential. I thought it would be fun to write the types of programs, like chat and AOL, that I used at the time.So I went into undergrad and decided to major in computer science without much more research??which is what I think a lot of people do in any field when theyre that young. But I never looked back, its a great field to be in. We could definitely use more women though.Have you been working on any projects lately at Time Inc. that youre particularly excited about?One of the most fun parts of my job is that I work on high profile app products that I release on a very frequent basis. Within my first month and a half at Time Inc., we released an app for Sports Illustrated??which is great in terms of a software development timeline. Im really proud of the product that we came out with. We released that Sports Illustrated app on iOS and Android, and then a few weeks ago we just also released the Travel + Leisure Travel Guide app. So within my first six months of working at Time Inc., Ive worked on two very high profile apps. And often times, I personally have been the one to deploy to the app store or submit for review. Ive been coding as well, but I definitely feel great ownership of the product because often times I was the one to push the button to say, Push this to the app store. Publish this. Screenshots of the travel+leisure travel guide app Claire worked onTell us a bit about the work culture at Time Inc. Whats your favorite thing about working there?I work with a great team of really smart people from very diverse backgrounds, and we have great team culture. Its really fun to go into work, into the office, just because of all the cool people there. And its great to collaborate. I think remote work is great sometimes, but its also great to jus t collaborate with people as well.Of course there are also a lot of material perks??office happy hours, a fridge well stocked with snacks??but you get the same perks with a lot of other tech companies. I think what really stands out at Time Inc. is the team culture.Does your position give you a lot of flexibility with your schedule?I generally work about one day per week from home, which helps a lot. As a mother, there are situations that come up??a kid is sick, or maybe theres no day care??life comes up, and I just need to work from home. I really enjoy working, but I think it can be difficult for working moms to adhere to a strict 95 onsite schedule. For me, I dont think it would be doable. Its great that Time Inc. is flexible about working arrangements as long as I get my work done.You mentioned that you work remotely part of the time. How do you balance these two different work environments while maintaining team cohesion?Right now, everyone on the team pretty much works on thei r own schedule. There are a few things you dont miss, like important meetings throughout the day, but as long as you keep connected and get your work done its very flexible. I find that the key to working remotely is to stay connected through chat, video conferencing, and screen share. That way you dont end up sending 20 emails back and forth before you figure out whats going on.For my team, were always kind of working remotely because Time Inc.s main office is in New York??a three-hour time difference. Even when were onsite in Seattle, we do a lot of communicating with the New York team. So its really important to keep communication lines open with the main office and with each other.What advice do you have for other women interested in working in tech?I think the tech field is a great field for women to be in. The first misconception that women tend to have is that programming means working by yourself in an isolated environment and leid talking to other people. Thats a false assu mption, because programmers often have to work on large software products with a large team of people that all need to get along. So I think the reality of software development is actually better than a lot of the preconceptions that women have before they go into the field.But as it is now, its hard for women to find mentors in the field. A lot of women my age have dropped out of the field and are not coming back. That means that 10, 20 years down the road, the women who would be mentors??senior developers mentoring new, young junior developers??are simply not there any more. I think we need to put more effort into recruiting women into tech so that the next generation can feel more of an even male-to-female ratio in the workforce.I would also just say, dont be discouraged. When I first started out taking computer science classes in undergrad, I always felt like I was less smart than some of my male counterparts who were very confident. But confidence is not always equivalent to be ing right. So dont get discouraged, keep your head up, and keep on learning.Looking for a job as rewarding as Claires? Check out the following positions at Time, Inc. Seattle and Brooklyn officesTime, Inc. Brooklyn, NYSoftware Engineer (SDE I)??Time Inc. Engineering, VideoSenior Software Engineer (SDE II)??Time Inc. Engineering, VideoTech Lead - SDE III??Time Inc. Engineering, VideoMobile Engineer (SDE II)??Time Inc. Engineering, VideoSenior Software Engineer, Ad DistributionSenior Technical Program ManagerTime, Inc.Seattle, WASoftware Development Engineer II ?Time Inc. Data EngineeringSenior UX DesignerSoftware Development Engineer IITechnical Program ManagerAll Time, Inc. jobs