Unemployment continues to decline. Good news: The lower, the better you would say. But there is also something like insufficient unemployment, economists say.
Ton Wilthagen of Tilburg University and Rob Witjes of the UWV explain how that is and why 0% unemployment is not really 0%.
At the moment, 436,000 people are registered as unemployed. That is 4.8% of the working population, a nice figure.
It has also been different: at the beginning of 2014 unemployment was 7.9%.
What Is the Ideal?
But would it not be the most desired outcome for everyone to have work? No, says Wilthagen. It is not for nothing that companies are now worried about market tightness. They say they cannot find enough people.
‘Unemployed people need you because people need to be available for new jobs.’ For every vacancy, someone must be found that can fill it. This prevents the market from closing up.
Opinions differ on precisely how much is enough. According to Wilthagen, it is sufficient if 3% of the working population is out of work.
Witjes joins in, but thinks 4% to be more realistic. ‘Just before the crisis, we had 3.7. If we can that get back, the flag goes...
A company closes a branch in the Netherlands and opens one in the United Kingdom. Employees are given a dismissal permit. But what happens then regarding the relocation obligation?
A technician works on a temporary contract with a maintenance and repair company for private aircrafts as of February 1, 2016, together with four other colleagues. Prior to that, he worked on a fixed contract at another company. The business outlook for 2016 is good, so he is told. A technician’s contract will be converted into a fixed contract after a year. However, soon after hiring him, in the spring of 2016, the company decided to open a new branch in the United Kingdom. The Dutch branch closed and for all the 70 employees, the company had a dismissal permit.
Compensation Provided by Employer
The technician would receive €3,500 on the basis of the social plan and an additional fee of €14,800. The other colleagues who came to work in February also received the final compensation. There was no mention of relocation but the employees could apply at the new branch. Only two colleagues would be accepted. The technician had applied for an international job with a company located...
Having started out as a career innovation by Leonardo da Vinci in 1482, CVs have continued to evolve over the last 500 years with trends changing as recently as ten years ago. Although they started out as a formality, CVs are now an expected part of any job application and it is up to candidates to continually adapt their CVs to meet the current demands of potential employers. Job candidates today still experience constantly changing expectations from employers in regards to what they want to see in a CV; currently, CVs place more of an emphasis on personal branding instead of focusing on previous jobs and experiences, but there are numerous other differences that candidates have to take into consideration to ensure their CVs do not appear dated.
Thanks to the increased use of social media and online job boards, candidates are expected to go the extra mile to distinguish themselves from the competition. Rather than emphasise previous experiences in terms of duties and job descriptions, candidates now have the chance to showcase their achievements and personal accomplishments throughout their career history. Many CVs now include a dedicated section to list achievements such as promotions, completed projects and career results;...
It is almost a given that when offered a pay rise, you should accept it. Indeed, it would appear to be madness to reject it. After all, why would anyone refuse to have more money at the end of the month? However, there are some situations where it might be sensible to refuse a wage increase. For instance, there might be a situation in which the amount offered is so low that it is taken as insulting. Another example could involve an offer in which you are made to take on more responsibilities than are worth the increase in pay. Whatever the reason, it is best not to make a rash decision.
One of the main reasons to turn down a pay rise is if the offer is much too low to justify the increase in responsibilities. If you feel like you will have much more work to do without the commensurate increase in pay, then you should think about turning down the offer. Another reason is that having a disproportionately high salary for your job title can mean that you are more likely to be laid off during an economic downturn. There are anecdotal cases of corporate lawyers being...
A job interview is often a more or less nerve wrecking experience that everyone has to go through. If only we knew what would happen and what kind of questions we can expect from the future employer, it might be easier. And more importantly, what would the best answers to those questions be? There are, however, some common questions that you can expect to be asked during your job interview.
1. What are your strengths? Remember, the employer is interested only in your qualities that are necessary for the job you are applying to. So make it sound realistic and honest. Take examples from your experience and explain the results you achieved with those strengths.
2. What are your weaknesses? The key here is sincerity. Do not try to cheat and to transform your weaknesses into advantages. Give your true weaknesses and explain what actions you are taking to improve them.
3. Tell us about yourself. It is not an invitation to tell of your hobbies or your life story. The idea behind this simple question is to get to know you better as a professional. Tell them about your experience, previous interesting tasks or projects you have done, etc.,...
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