Category: Industry

Career Overviews Of The Growing Hospitality Industry

The hospitality industry is one of the fastest growing areas of our economy. It is a multi-billion dollar industry. It offer diverse areas of interest and allows worker the opportunity to work in multiple areas. Being able to have many areas of opportunity will allow you to gain an advantage in our economy. It is one of the oldest sectors we have in business. Americans have always enjoyed dining out and traveling for pleasure or business. This fast growing industry requires a constant fresh supply of workers and managers who are qualified and trained to fill a wide range of positions.

There are many different careers in the hospitality industry. Two areas of the industry include hotel and lodging plus restaurant and food workers. To be successful in a hospitality career you need to like to meet many different types of people and work in an ever changing environment while customers come through your establishment on a daily basis. If this sounds like you then you may be meant for a career in one of these two areas.

It the hotel and lodging area, workers ensure that the accommodations for their guest are comfortable and pleasing. They make sure to operations of their establishment run properly. There is a great range of opportunities. The United States offers over 60,000 establishments from tiny mom and pop operations to large chains establishments, plus a variety of specialty boutique hotels and well known resorts. International establishments also employ American workers in all facets of operations.

The restaurant and food service area allows you the opportunity to go from a lower level position such as prep cook to eventually moving your way up to executive chef. This area is one of the biggest employers of American workers. A great deal of younger workers begin their careers in the area. By getting some additional education and working hard they are able to have a rewarding career.

The multitude of career options available in the hospitality industry offers great opportunities for those who possess the skills, education and background necessary. The lower level positions are abundant for those with no previous work history and those seeking part-time work with optional work schedules. Because hotels run 24/7 there are a variety of shifts available and it is not hard to find full-time or part-time schedules to fit your needs.

Hospitality industry careers can be some of the most rewarding and exciting career paths you can choose. It can take you places you have never thought about before. The industry can be glamorous and exciting and can offer you the chance to travel. You will have the opportunity to be in contact with hundreds of people on a daily basis. Each day will be different than the one before. Ever changing challenges and exploding job growths is how the hospitality has survived for so long and how it will continue to survive. As long as there are people on this planet, hospitality workers will be needed to take care of their needs while away from home.

ITIL Certification – The New Standard In The IT Industry

ITIL certification is becoming very popular nowadays, and has become a kind of benchmark in the IT industry. Many people are now going for this training to improve their careers and get ahead in their jobs. Moreover, many organizations are actively looking for people who have passed this certification, because they are better able to provide quality services in the IT industry.

ITIL is a short form of IT Infrastructure Library Certification. This is a training certification which was organized and initiated by the Central Computer and Telecommunications Agency (CCTA), as a form of codes of practice for the IT industry. The main aim was to provide a benchmark in order to motivate companies to provide IT services which are high quality, and up to the mark. The accreditation authority for this certification is the Information Systems Examination Board, and all potential candidates have to contact them for the exam.

If you are thinking that ITIL is just a waste of time and money, then you are very wrong. In the beginning, people did not understand the potential and meaning of this training, and did not make use of the many benefits its offers. But today, companies and individuals alike are aiming for this certification, as they know they can reach a higher level with the help of knowledge gained with this training.

There are many benefits of ITIL. First of all, it will provide you with plenty of knowledge that even years of working in the IT industry is not able to provide. You will learn about the IT services from a delivery point of view, and will understand how important it is to keep track of service quality, and satisfaction of customers. You will be aware of the standard of work that is expected from you, and how you reach that standard. Moreover, if you are beginner then you can learn all about IT jargon, and the practical implementation of what you have studied. This will give you clear concept about ITIL.

There are many organizations that are now looking for and hiring ITIL certified people, and are willing to pay a good salary as well. Many companies have started storing their data in digital form, and people with this training are better able to access and use that information. Therefore, being ITIL certified will benefit your career, by improving your knowledge and skills related to all aspects of information technology.

A Study on Marketing Strategy of Banking Industry in India-Allahabad Bank

The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded in April 24th of the year 1865 at the confluence city of Allahabad by a group of Europeans. At that occasion Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries – namely Nineteenth, Twentieth and Twenty-First. As a leading public sector commercial banks in India, Allahabad Bank offering banking products and services to corporate and commercial customers and retail customers. The Bank particularly focuses on the retail banking while serving all sectors of the Indian economy. Bank’s operations for corporate and commercial customers cater to large corporate customers as well as to small and middle market businesses and Government entities. Corporate and commercial products include Term Loans, Bill Discounting, Export Credit and other business credit and financing products. Also the bank offers a wide range of retail products including Home Loans, Personal Loans and Automobile Loans as well as Debit Cards. In addition, specialised products and services to the agricultural sector also one of entity of the bank. All the above products and services of the bank offered through extensive branch network, extension counters, ATMs, phone banking and the Internet. This article will be helpful in writing Project Report on Marketing.In Twentieth Century, The Bank became a part of P & O Banking Corporation’s group with a bid price of Rs.436 per share in 1920. The Head Office of the Bank was shifted to Calcutta on business considerations during the year of 1923. The Bank crossed its century year in 1965. In July 19th of the year 1969, Allahabad Bank was nationalized (with 151Branches – Rs.119 crores of Deposits and Rs.82 crores of Advances) along with 13 other banks. United Industrial Bank Ltd was merged with the bank in October of the year1989. The Bank made a foray into merchant banking activity in 1984 and subsequently instituted AllBank Finance Ltd as a wholly owned subsidiary for Merchant Banking in the year of 1991. The Official Language Implementation Committee of Calcutta awarded the Rajbhasha Shield to the Bank as Second Prize for its best performance for the year 1991. During the year 1995, The Bank had entered into an MOU with the Small Industries Development Bank of India (SIDBI) for financing small-scale industrial units. In 1996, The Bank had set up Information Technology Centre to provide in-depth computer training to Officers at Calcutta and Lucknow. Consequent to the SEBI Rules and Regulation the company surrendered its merchant banking registration in 1998 and got it registered as a Non Banking Financial Company (NBFC) with Reserve Bank of India (RBI). In the same year of 1998, the bank had received permission from the RBI for gold trading. Allahabad Bank has entered into an arrangement, informally though, with IDBI and ICICI in regard to funding of infrastructure projects. During the year 1999, Allahabad Bank has launched two new schemes to increase the pace of credit off take and in the same period TATA Consultancy Services (TCS) has entered into a contract with Bank for implementing the Integrated Standard Banking System (ISBS), a branch mechanisation package at 60 branches. The Bank bagged three major core sector clients, namely the National Thermal Power Corporation (NTPC), Power Grid Corporation and Indian Railway Finance Corporation Ltd (IRFC). This report shows that Allahabad Bank has performed well which is reflected in its Ratio Analysis Reports In Twenty-First Century, Allahabad Bank has launched its new personal loan scheme for pensioners in the year of 2001. As at October of the year 2002, the bank came out with Initial Public Offer (IPO) of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16% and in the same year 2002, Allahabad has tied up with National Institute of Banking Management, Crisil and Earnst & Young for development of HRM, risk Management and general business strategy. The Bank has seized the commercial assets of the Guarantors of Ramolene Fabrics (P) Ltd in 2003 at Mumbai and signed a Memorandum of Understanding (MoU) with Corporation Bank for mutual sharing of their ATM Network. The Bank has entered into an MOU in the year of 2004 with the Export Credit Guarantee Corporation of India (ECGC) for distribution of their products to the exporters. UTI Mutual Fund and Allahabad Bank on April 5, 2004 announced a strategic tie-up for distribution of UTI MF schemes. During April of the year 2005, the bank made Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%. The Bank has signed MoU with Mahindra Gujarat Tractor Ltd in the identical year 2005 for financing Hindustan brand tractor under special finance scheme. Allahabad Bank transcended beyond the National Boundary, Allahabad bank had opened a representative office at Shenzen, China in June 2006. In October of the same year 2006, the bank rolled out its first branch under Core Banking Services (CBS). During February of the year 2007, The Bank opened its first overseas branch at Hong Kong. During the calendar year of 2007, 100 more branches opened throughout the country, the total number of branches were stirred from 2042 to 2142 of which rural are 983 (46%), semi-urban 402 (19%), urban 450 (21%) and metropolitan 307 (14%). There is no doubt that reading Banking Industry Reports is essential for knowing the history of a bank. Allahabad Bank has opened its 2154th branch in at Pudukkottai, Tamil Nadu during March of the year 2008. The Bank has 211 ATM’s and Card members can now have access at over 16500 ATM’s all across the country under National Financial Switch. One of the premier nationalised banks of the country, Allahabad Bank has commenced the process of implementing the Agricultural Debt Waiver and Debt Relief Scheme-2008 in June of the year 2008. The Bank has improved its performance and established its visibility and strong presence in the market. The Bank is steadily moving at a faster pace to consolidate its position in the coming days introducing extensive computerization to ensure the state-of-the-art service comfort for its customers. The Bank has already in hand 116 authorizations for opening of new branches. Bank’s plan is to expand in areas where the Bank’s presence is not very much visible now and where business potentiality is good.

Job opportunities in Auto transport industry

The auto transport industry gives a lot of job opportunities with a good career projection. These jobs are also available on both basis as a full time and part time. People in search of auto transport jobs should have qualities like devoted, loyal, motivated and hard-working. Career prospects in auto shipping industry are positive even for those who step in for the first time in this industry.

There are various types of Vehicle transport jobs available like Auto-Mover truck driver, Vehicle Shipping dispatcher, Customer service representative, Driver Car Hauler, CDL Driver, Military Vehicle Shipping job, owning your Own Truck Fleet, Intermediate Auto Mechanic etc.

You can find different jobs through classified advertising, from car dealers, and bidding sites. Consumers may demand for shippers who specialize in race cars, traditional and collectible cars, or loads with many vehicles. Persons moving often are in need of an auto transporter.

The first auto transport job that comes to mind is truck driver. The work of truck driver is difficult when compared to than any other driver because in this case the driver has to deliver the vehicle and also has to load and unload it. Another difficulty is they have to pick up vehicles from 10 to 12 places and deliver to different states which take few weeks to deliver. This is a hard job for drivers who are married but they are paid a good amount.

Another auto shipping job is that of dispatcher. A Vehicle transport dispatcher is the “travel agent” of the auto transport industry. The dispatcher takes orders for shipment of customer vehicles and plans it with the trucking company. This work is harder than taught because each customer is shipping from somewhere like Melbourne, for example to Bangkok, So this has to be planned with a truck that has 8 to 11 autos which goes on that route. The dispatcher has to communicate information about pick-up, delivery, and transportation times to and from the truck driver and the customer.

Another type of work is that of client service representative. The client service representative is the person that the take delivery of and sends out quotation marks to consumers via phone or email. The client service representative also takes the order from the buyer and sends it to the dispatch dept. The client service representative also answers questions from customers about the shipping procedure itself because most customers have never shipped a car and knows nothing about it.

Diesel Mechanic work is the most critical profession in the car transport industry. This work is given much of significance because a Diesel Mechanic is very necessary for the any auto transport company. His job involves performing usual protection of the company vehicles to ensure that the company trucks move safe and sound on the road. The requirement of Diesel Mechanics is always high in the auto transport industry.

Auto Processor job includes processing of cars from one end to another end. General Warehouse job includes usage of forklift to transport overstock freight to main locations. Driver Car Hauler job includes transfer of cars and other items to different places. Certified courses are available.

Industry Superannuation Funds

When choosing a superannuation fund, a lot of people want to choose the one that charges them the lowest in management and investment fees and gives them the best investment return. Data from the Australian Prudential Regulation Authority (APRA) shows that over the past decade industry super funds have consistently outperformed retail funds by giving its members higher returns*: thats more money for your retirement.

What is the difference between an industry super and a retail super fund? Retail super funds are retirement funds established by financial institutions and insurance companies that were initially for white collar workers. As one may assume, these companies established retail funds with the intent that they generate profit for shareholders. The competing goals of profit and security for its members retirement funds are seen by some as problematic.

Retail funds tend to have a lot of added bells and whistles, for example advice. The chief executive of the Industry Super Network, David Whiteley, said this in an interview with the ABC in March 2010″For every 1 per cent extra paid in fees to a super fund, members are receiving one-and-a-half per cent less in returns,” and that the average retail fund “is an underperforming and expensive fund.”

Industry super funds are non-for-profit organizations that were started by unions and other industrial organizations for workers in the industries they represented. An industry super does not have shareholders to please. Industry super funds dont pay commission to financial advisers and planners or to insurance companies, which are costs that eat into the value of your super.

The figures in recent years paint a clear picture. A 30 June 2009 SuperRatings study compared the net benefit of one of Australias most popular industry super funds to that of the average retail fund over a period of five years. The difference was staggering: the industry super out-performed the average retail fund by a difference of approximately $4000.Another SuperRatings study showed that another leading industry super fund on average returned $4.30 for every dollar deducted in fees over a five year period ending on 30 September 2010; the average retail super on the other hand returned only $1.70.

In March 2010, research by the Industry Super Network found that retail funds delivered 1.8% weaker annual returns on average when compared to their industry competitors. The Australian reported in December 2010 that industry super funds took all top 10 places in industry researcher Chant Wests ranking. These funds on average had an annual return thats 4.3 per cent above the inflation rate over the past seven years.

Industry superannuation has consistently outperformed its retail counterparts over the past decade for another reason. Industry super funds generally invest in unlisted assets like infrastructure, private equity, and direct property. Retail funds, however, tend to invest in liquid assets, like shares, property, and bonds, all of which are tied to credit. This is especially worrisome after the global financial crisis that began in 2008.

Industry supers are a wise option for those who are concerned and cautious about their post-retirement financial security. While industry super funds were previously open solely to those within the industry the fund was started for, industry super funds are generally open for anyone to join regardless of their occupation since 2005.