Bankrupt Kodak to try and Pay out $13.5million in Bonuses

Posted by luqman | Business | Thursday 12 April 2012 11:21 am
Bankrupt Kodak

Bankrupt Kodak

Photography giants, Kodak are seeking permission to pay out $13.5million in bonuses to their staff in an attempt to try and keep them with the crisis-hit company.

This bonus pot will go to just over 300 members of staff meaning that only one in 25 workers will get any benefit from the payday.

Normally, while a company id bankrupt it is illegal for them to pay any kind of bonuses whilst they’re going through their restructuring procedure, however Kodak are arguing that they are on the verge of collapsing if they fail to convince key employees to stay with them by using bonus payments.

This news come as the firm announced that they have withdrawn their bid to end supplemental health care benefits for around 16,000 Medicare – eligible retirees.

There are two major groups which are in the plans to receive a bonus, ‘Group 1’ and ‘Group 2’. The first group is said to comprise of around 119 managers and they would receive bonuses worth up to 35-50% of their standard base salary. The second group is said to comprise of around 200 members and each of which will share between them about $5million each receiving a quarter or less of their base salary.

If this goes ahead, it will be the first time ever that a company has been allowed to pay its staff any kind of bonus. The reason that the company are wanting to pay their senior employees is because they were last paid with company stock, which now, thanks to the situation the company is in have become worthless.

If you’re struggling with bankruptcy then you should look at getting in touch with a company like Real Business Recovery who will be able to help and advise you in the situation.

Serviced Central London Office Space

Posted by luqman | Business | Thursday 22 March 2012 5:06 pm
Office Space

London Office Space

Although there are an amazing number of benefits to renting serviced office space in Central London, perhaps the greatest amenity is having a facility that has round-the-clock security. No matter where your office is located, you will want to know that it is safe for clients as well as for your staff and you will certainly want to know that any office equipment you have on premises will be safe from theft. There are many buildings in London where you can find office space at a reasonable price but the first thing you should look for is serviced office space that includes both CCTV and security guards because safety is of prime importance.

London, like any other big city, has its fair share of crime and when renting Official Space with on-site security you will always be assured that the premises are as safe as possible. If you are left to provide your own security it would be a costly endeavour and something which many small businesses just can’t afford within a limited budget. Also, serviced office space makes it possible to move in quickly with a minimal amount of legal red tape. Many of these offices also are completely furnished which means that the only thing you need to bring with you is your personal office equipment, and of course your staff.

Some Central London office space also has a staffed reception area so that clients are greeted properly and directed to your suite without the need to pay a receptionist salary. Whether you choose to hire a person to greet clients or leave it to the serviced reception area is up to you and the budget you have available, but since service is included why not take advantage of it? Since leases can be found from three months to several years, it is possible to move in immediately, set up your office equipment and go to work immediately. There is nothing like serviced office space in Central London to get your business up and running literally overnight.

Shipping with the Right Company

Posted by luqman | Business | Thursday 22 March 2012 1:49 pm

Shipping

There are many times in life that you may be required to pick up and move, and when these times come you will definitely want to make sure that you have all of your priorities in order to make sure that you make the move go as smoothly as possible. There are a few things that you will want to consider when moving a long distance or even perhaps to another country because of complications which may arise. If you are moving out of the country then you will need to make certain decisions that you would never have to consider were you to stay in the country you were currently living in.

Generally, the only way to get from one country to the next is by plane, but that may not be the case in some parts of the world such as in Europe where you can travel by train and/or car. Regardless of how you get to where you’re going, you will always have to consider one thing: how to get your excess baggage to your destination. Not being able to recover baggage is a common problem among travellers, especially on long international flights that may have one or two layovers.

Having the help of a third party shipping company to help you with the dilemma that you have in regards to wanting your valuables to arrive safely without having to spend too much money to make it happen. One company that is great for this kind of thing is Robinsons International Removals. Robinsons is very adept at making international shipments go very smoothly and are one of the most professional shipping companies in the world. Shipping with www.robinsonsrelo.com will ensure that you get the best service and that your belongings reach their destination as quickly as possible.

Top Tips for delivering a successful presentation in an interview

Posted by admin | Business | Tuesday 6 March 2012 1:25 pm
presentation skills

presentation skills

A job interview is often the most nerve-wracking of events. No matter how well prepared or briefed we might feel beforehand, often the stress of having to impress an interview panel can lead to a very poor performance and, unfortunately, no success in being hired. There are some presentation skills and simple techniques interviewees can adopt to make the interview process a more seamless and professional one. 

Follow these 7 tips to delivering a successful presentation in an interview and put your career on the right track.

1. Be confident. 

An interview is an opportunity for you to sell yourself, your skills, your ability and your knowledge. It is essential to project your personality (without going over the top) and convince the panel of your competence.

2. Before you speak, take two deep breaths! 

This will calm you and allow you to concentrate fully on what you want to say. Speak clearly at a normal pace and if you feel you are speaking too quickly, slow down and relax by taking another deep breath. Presentation skills are about making what you say more important than how you say it but, you need your audience to understand you, too.

3. Be prepared. 

A prospective employer will want you to demonstrate that you have done your homework on their business. Provide examples that show you know exactly what kind of organisation you hope to join and what will be expected of you in the vacant role.

4. Pay attention to timing. 

Make your points in full but don’t labour points unnecessarily or you will risk losing the attention of your audience.

5. Imagine the interview as a conversation in a lift. 

It’s not as ludicrous an idea as you might think. Travelling from ground floor to 10th floor in a lift will only take 
a matter of minutes so consider those few minutes all the time you have to impart everything you want to say to your interviewers. It will help concentrate the mind and help you focus on the most important issues and information.

6. Be succinct in your presentation materials. 

If using, for example, PowerPoint, to illustrate a point or present data in graphical form, keep your slides as simple as possible. Content is king so keep the bells and whistles to a minimum – that will also reduce the chances of things going wrong.

7. Leave time for questions at the end of your presentation. 

You are demonstrating confidence in your subject matter but, also showing the panel common courtesy because they have listened to you and now, it’s your turn to listen to them.

Nerves will often get the better of many of us in a stressful situation such as a job interview but by using these 7 tips to focus your mind on what’s important, you are on your way to delivering a successful presentation and that new job. 

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