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From the Northeastern Section of the ACS, focusing on career management and development
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03/06/10
Watch-outs 19. Balancing investments and risks, Recruiters
Filed under: Position Searching, Recruiters
Posted by: site admin @ 10:17 am

Recruiters continue to meet a significant
role in many screening processes for
companies and job search sources for
seekers.  They are adopting new tools.
An article reporting how the uncertainty
of one’s position might influence your
investment strategy is linked.  More
nuances of conversions to Roth IRAs
is picked up on our “radar screen.”

HEDGING INVESTMENTS WITH CAREER
OUTLOOK
Source:  P. Sullivan, NYTimes 3-5-10
Link the health of your company and industry
with the risk level of your investment
portfolio, P. Sullivan advises.  Just another
factor in those difficult to precisely define
your appropriate risk tolerance for your
investments.  [Anyone who has filled out
those risk level questionnaires knows the
abstractness of the exercise.]

ROTH, ROTH ROTH
Sources:  K. Greene, WSJ Ask Encore
Taxes on Roth conversion and
R. Jacobs, Pitfalls of Roth conversion,
3-5-10
The questions about converting traditional
and rollover IRAs to Roth IRA is complex
and deserves more consideration after
studying two more articles.  Greene’s
always helpful WSJ column hits on ways
of meeting the taxes due.
Jacobs writes about distributions, withholding
taxes, beneficiaries and fixing problems
after the conversion.  This is a useful
discussion this year.

RECRUITERS “TAKE” ON RECESSION
The Economist, 2-27-10, p. 69, “Joining
the Queue.”
New candidate screening tools are being
used by the leading recruiting agencies.
The hiring process, the article says, will not
be speeded up with the tools.  Emphasis is
having more fully vetted candidates
interview for openings.

The sense candidates might obtain from
the article is to communicate well with the
recruiters you choose to understand what
skills, abilities and behaviors are sought
from the hiring company.  After understanding
the need, have your resume, interview and
references show how you can meet the
requirements.

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