London’s pioneering jobs board, OurLondonJobs.com, announces its partnership with social networking site, TalkOnTheTube.com.
Londoners are offered ‘a second chance to make a first impression’ with TalkOnTheTube.com’s second chance boards. Whilst networking visitors can browse through positions provided by some of London’s leading recruitment agencies’ on OurLondonJobs.com
Natalie Adams, OurLondonJobs comments “the new partnership with TalkOnTheTube.com is the next step towards OurLondonJobs.com building its own network and broadening its circulation of jobs”.
TalkOnTheTube.com visitors can now search through all positions provided by OurLondonJobs.com. Job seekers are directed through to OurLondonJobs, where they can access tools such as CV assistance, job alerts and much more.
http://www.OurLondonJobs.com/
http://www.talkonthetube.com/
Wednesday, 13 February 2008
Monday, 28 January 2008
Financial crisis seen hitting 20,000 London jobs
As many as 20,000 jobs in London's financial district are likely to be wiped out due to the financial crisis, a survey showed on Sunday.
The Sunday Telegraph reported that Experian, which provides data and forecasts to government and private bodies, had slashed its predictions for job growth in the City of London and Canary Wharf to a fall of up to 5 percent from its previous forecast of flat net employment this year.
Experian expects between 10,000 and 20,000 jobs to be lost over the year, with the majority going from the financial sector.
With up to 400,000 people employed in London's financial district, a fall of this scale could severely affect the economy, dragging commercial property prices down and hitting related industries such as IT and telecoms, it said.
Reporting by Miyoung Kim; Editing by Quentin Bryar
Source: http://uk.reuters.com
View Article
The Sunday Telegraph reported that Experian, which provides data and forecasts to government and private bodies, had slashed its predictions for job growth in the City of London and Canary Wharf to a fall of up to 5 percent from its previous forecast of flat net employment this year.
Experian expects between 10,000 and 20,000 jobs to be lost over the year, with the majority going from the financial sector.
With up to 400,000 people employed in London's financial district, a fall of this scale could severely affect the economy, dragging commercial property prices down and hitting related industries such as IT and telecoms, it said.
Reporting by Miyoung Kim; Editing by Quentin Bryar
Source: http://uk.reuters.com
View Article
Monday, 21 January 2008
OurLondonJobs.com – Talent Pool
OurLondonJobs.com – Talent Pool
OurLondonJobs.com – A generalist jobs board covering industries across London broadcasts new developments to its existing site (www.OurLondonJobs.com).
The site integrates new functionalities that aspire to aid recruiters whilst navigating throughout the site
As OurLondonJobs.com continues to attract an escalating number of jobseekers each month, the new enhancements provide clients with the tools to identify delivered candidates
The site introduces new features such as a CV database which allows clients to view jobseekers criteria’s and search though resumes by using a number of different search options.
Other features include, the ability for clients to see the number of views and applications for the jobs the have posted onto the site, the option of purchasing job credits online Plus more.
Natalie Adams, OurLondonJobs.com comments “Here at OurLondonJobs we are extremely committed to providing excellent customer service; these enhancements reflect our dedication to clients and will go to extreme lengths to meet client expectations”
For information on advertising on OurLondonJobs.com, please contact Natalie Adams on 0207 2576 214 or at info@OurLondonJobs.com
www.OurLondonJobs.com
OurLondonJobs.com – A generalist jobs board covering industries across London broadcasts new developments to its existing site (www.OurLondonJobs.com).
The site integrates new functionalities that aspire to aid recruiters whilst navigating throughout the site
As OurLondonJobs.com continues to attract an escalating number of jobseekers each month, the new enhancements provide clients with the tools to identify delivered candidates
The site introduces new features such as a CV database which allows clients to view jobseekers criteria’s and search though resumes by using a number of different search options.
Other features include, the ability for clients to see the number of views and applications for the jobs the have posted onto the site, the option of purchasing job credits online Plus more.
Natalie Adams, OurLondonJobs.com comments “Here at OurLondonJobs we are extremely committed to providing excellent customer service; these enhancements reflect our dedication to clients and will go to extreme lengths to meet client expectations”
For information on advertising on OurLondonJobs.com, please contact Natalie Adams on 0207 2576 214 or at info@OurLondonJobs.com
www.OurLondonJobs.com
LOOK BEFORE YOU LEAP – DON’T JUMP INTO THE FRYING PAN WHEN CHANGING JOBS
There will be many things on your mind when you are looking to change jobs, better money and prospects, better salary, less travel, but you also need to think about what obstacles your present employer may have placed in your way. There are often ways around these problems but you do need to be aware of the key issues.
Here are a few areas that are worth considering before you take the plunge.
Restrictions in Your Contract
The first consideration is to see if your contract tries to control what you can do after your employment comes to an end.
An employer can seek to do this in many ways, whether by banning competition, banning approaches to clients, banning dealing with clients (even if it is the client that makes the initial approach and not the former employee), or banning the poaching of former colleagues.
Many employees take the view that these types of restriction are worthless, but as recent cases have shown, courts are prepared to uphold restrictions if they satisfy the necessary legal requirements.
Preparatory Acts
Even where your contract contains no express restriction, certain types of preparatory activity during employment will be prohibited by law. These include anything done in your employer’s time, soliciting clients, soliciting exclusive suppliers, entertaining offers from clients and memorising trade secrets or confidential information.
Loss of Rewards
It is common place for bonus clauses to state that no bonus payment will be made if an employee is not employed or is under notice at a specified date. If you are lucky enough to be able to pick your time of leaving should always be in your mind when you are considering the timing of your resignation.
Similarly share options will often lapse at the end of employment, or will have to be exercised within a limited time of the last day of employment.
Pay back and return of property
Contracts often contain clauses requiring an employee to pay back all sums due to the employer at the end of the employment, or to allow the employer to deduct these sums from the final salary payment. This can come as a nasty surprise if you have just taken out a large season ticket loan.
Contracts also often require all property to be returned at the end of employment, which should be borne in mind if you have personal information on computers or mobile phones.
Clearly there are many issues to be considered, with the starting point being careful and professional consideration of your employment contract.
Here are a few areas that are worth considering before you take the plunge.
Restrictions in Your Contract
The first consideration is to see if your contract tries to control what you can do after your employment comes to an end.
An employer can seek to do this in many ways, whether by banning competition, banning approaches to clients, banning dealing with clients (even if it is the client that makes the initial approach and not the former employee), or banning the poaching of former colleagues.
Many employees take the view that these types of restriction are worthless, but as recent cases have shown, courts are prepared to uphold restrictions if they satisfy the necessary legal requirements.
Preparatory Acts
Even where your contract contains no express restriction, certain types of preparatory activity during employment will be prohibited by law. These include anything done in your employer’s time, soliciting clients, soliciting exclusive suppliers, entertaining offers from clients and memorising trade secrets or confidential information.
Loss of Rewards
It is common place for bonus clauses to state that no bonus payment will be made if an employee is not employed or is under notice at a specified date. If you are lucky enough to be able to pick your time of leaving should always be in your mind when you are considering the timing of your resignation.
Similarly share options will often lapse at the end of employment, or will have to be exercised within a limited time of the last day of employment.
Pay back and return of property
Contracts often contain clauses requiring an employee to pay back all sums due to the employer at the end of the employment, or to allow the employer to deduct these sums from the final salary payment. This can come as a nasty surprise if you have just taken out a large season ticket loan.
Contracts also often require all property to be returned at the end of employment, which should be borne in mind if you have personal information on computers or mobile phones.
Clearly there are many issues to be considered, with the starting point being careful and professional consideration of your employment contract.
Thursday, 20 December 2007
Enjoy your bonus before payouts begin to dry up
Anyone leafing through UK newspapers before Christmas would have noticed the usual stories about must-have toys, travel chaos, and how the seasonal break is now stretching to three weeks off work.
Yet one familiar staple is missing. Almost nothing has been written about the eye-watering bonuses being handed out to workers in the City, as London’s financial district is known.
There is a simple reason for that. Bonuses, by recent standards, are likely to be very modest this year. The days of the mega-bonus may be gone for a long time to come.
The credit crunch isn’t a disaster for the global economy, but for one small section of it: people who work in the upper echelons of the money markets, creating, selling or trading exotic financial products.
Since they are the people who collect the big bonuses, it isn’t hard to conclude that the outlook for next year is wintry. The 2007 bonus season may still be a good one for a few bankers.
Lehman Brothers Holdings Inc has said its bonus pool for staff rose 10 percent this year. The bank will pay about $5.7 billion in bonuses compared with $5.2 billion in 2006. Likewise, Goldman Sachs Group Inc staffers look set to enjoy yet another good year.
The New York-based investment bank had set aside $16.9 billion to pay salaries, benefits and bonuses in the first nine months of 2007, even more than its 2006 full-year record, according to the company’s third-quarter earnings report.
Elsewhere the picture will be more mixed. The London-based Centre for Economic and Business Research says City bonuses may drop 16 per cent next year. The UK recruitment firm Armstrong International estimates a 2007 bonus decline of as much as 20 per cent in London compared with the 2006 payouts.
And some people may just feel too embarrassed to collect anything at all, given the kind of setbacks their banks have suffered. Marcel Ospel, the chairman of UBS AG, said this month that he didn’t “expect or want” a bonus for 2007.
When you have just written off $10 billion for losses on subprime investments, it is probably understandable. Plenty of other senior bankers may be struck by similar pangs of guilt over picking up anything more than their base salary.
One year of reduced bonuses wouldn’t matter very much. Nobody ever claimed that finance was steady work. There are good and bad years, and everyone accepts that. The issue is what happens when you look forward. Is this just a dip? Or is it a turning point?
Already, the market for luxury goods indicates that a turning point has been reached. The prices of London luxury homes have stalled, according to Knight Frank LLC. It expects only modest increases next year as bonus payments dwindle. Likewise, decent wine. According to the Liv-ex.com index, prices of the best wine, which have more than doubled in the past two years, are starting to fall.
The message? The big bonuses won’t be back any time soon. There are three reasons for that.
One, innovation is about to dry up. The big money in finance has been made in devising new and exotic financial instruments.
Slicing and dicing different kinds of bonds, and repackaging them in novel ways gave banks huge profits in the past five years. The credit crunch has killed that market stone dead.
Bloomberg / Mumbai December 20, 2007
View article
Yet one familiar staple is missing. Almost nothing has been written about the eye-watering bonuses being handed out to workers in the City, as London’s financial district is known.
There is a simple reason for that. Bonuses, by recent standards, are likely to be very modest this year. The days of the mega-bonus may be gone for a long time to come.
The credit crunch isn’t a disaster for the global economy, but for one small section of it: people who work in the upper echelons of the money markets, creating, selling or trading exotic financial products.
Since they are the people who collect the big bonuses, it isn’t hard to conclude that the outlook for next year is wintry. The 2007 bonus season may still be a good one for a few bankers.
Lehman Brothers Holdings Inc has said its bonus pool for staff rose 10 percent this year. The bank will pay about $5.7 billion in bonuses compared with $5.2 billion in 2006. Likewise, Goldman Sachs Group Inc staffers look set to enjoy yet another good year.
The New York-based investment bank had set aside $16.9 billion to pay salaries, benefits and bonuses in the first nine months of 2007, even more than its 2006 full-year record, according to the company’s third-quarter earnings report.
Elsewhere the picture will be more mixed. The London-based Centre for Economic and Business Research says City bonuses may drop 16 per cent next year. The UK recruitment firm Armstrong International estimates a 2007 bonus decline of as much as 20 per cent in London compared with the 2006 payouts.
And some people may just feel too embarrassed to collect anything at all, given the kind of setbacks their banks have suffered. Marcel Ospel, the chairman of UBS AG, said this month that he didn’t “expect or want” a bonus for 2007.
When you have just written off $10 billion for losses on subprime investments, it is probably understandable. Plenty of other senior bankers may be struck by similar pangs of guilt over picking up anything more than their base salary.
One year of reduced bonuses wouldn’t matter very much. Nobody ever claimed that finance was steady work. There are good and bad years, and everyone accepts that. The issue is what happens when you look forward. Is this just a dip? Or is it a turning point?
Already, the market for luxury goods indicates that a turning point has been reached. The prices of London luxury homes have stalled, according to Knight Frank LLC. It expects only modest increases next year as bonus payments dwindle. Likewise, decent wine. According to the Liv-ex.com index, prices of the best wine, which have more than doubled in the past two years, are starting to fall.
The message? The big bonuses won’t be back any time soon. There are three reasons for that.
One, innovation is about to dry up. The big money in finance has been made in devising new and exotic financial instruments.
Slicing and dicing different kinds of bonds, and repackaging them in novel ways gave banks huge profits in the past five years. The credit crunch has killed that market stone dead.
Bloomberg / Mumbai December 20, 2007
View article
Monday, 17 December 2007
Looking for a job in London?
....Well there is no need to look any further!
OurLondonJobs.com is a generalist jobs board covering a range of industries across London and the Greater London regions
OurLondonJobs.com offers a FREE service to all jobseekers on the site. Candidates may search and apply for jobs online using our innovative technology. Jobseekers are also offered the opportunity to register their CV online, allowing registered recruitment agencies and employers to view, and contact you directly
Jobseekers:
When applying for jobs with OurLondonJobs.com, remember to upload your
CV into the database. This will save you precious time, and increase your chances of being headhunted. You can also set up Job alerts, in which the latest jobs meeting your specifications will be sent to your inbox on a daily basis.
Why register my CV on OurLondonJobs.com?
OurLondonJobs.com is a generalist jobs board covering a range of industries across London and the Greater London regions
OurLondonJobs.com offers a FREE service to all jobseekers on the site. Candidates may search and apply for jobs online using our innovative technology. Jobseekers are also offered the opportunity to register their CV online, allowing registered recruitment agencies and employers to view, and contact you directly
Jobseekers:
When applying for jobs with OurLondonJobs.com, remember to upload your
CV into the database. This will save you precious time, and increase your chances of being headhunted. You can also set up Job alerts, in which the latest jobs meeting your specifications will be sent to your inbox on a daily basis.
Why register my CV on OurLondonJobs.com?
Benefits include:
- You are provided with an account which lets you easily update and edit your CV
- Your CV is stored in the database, and can be used to apply for jobs online
Time Saving Tool - Recruiters can view your CV and contact you with job opportunities (if you choose this option)
- Its FREE
To register your CV online now Click Here
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