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Tag: Careers

  • “Can I use a personal credit card for business expenses?”—and other small business questions, answered – MoneySense

    “Can I use a personal credit card for business expenses?”—and other small business questions, answered – MoneySense

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    In this article, we’ll tackle the basics around managing small-business finances, including opening a dedicated bank account and applying for a business credit card.

    6 reasons to separate your personal and business finances

    1. Having a business bank account and business credit card makes it easier to track your cash flow and expenses for your work.
    2. It keeps accounting costs down at tax time, since your accountant won’t have to spend time separating your personal and business income and expenses.
    3. Business credit cards often come with helpful tools and services, such as higher credit limits, expense-tracking software and additional cards for employees.
    4. Business credit cards often come with valuable rewards and perks.
    5. Using a business credit card and paying it off each month can help you establish a credit history for your company. A good credit rating will help if you ever need to apply for a business loan or line of credit.
    6. A dedicated business bank account communicates professionalism and credibility to your clients and vendors. And if you plan to incorporate your business, it must have a separate account.

    5 FAQs about business accounts and credit cards

    Below are five common questions from small-business owners.

    Can I use a personal credit card for business expenses?

    While you can use a personal credit card for business expenses, it’s not ideal. Just like with business bank accounts, business credit cards can help you run your business more efficiently. In addition to keeping your accounts separate, a good business credit card can offer all sorts of benefits like the ability to earn rewards, various types of insurance and access to valuable services. And as your business grows, separating your finances is good for your personal privacy, too.

    What are the benefits of a business bank account?

    Business bank accounts may offer features that you can’t get in a personal bank account. Some examples include merchant services that allow you to accept payments, access to specialized credit cards, business overdraft protection, or the ability to process funds in Canadian and U.S. dollars. Plus, having a separate account lets you build a credit history for your business, which will come in handy should you ever need a business loan to grow.

    What do you need to open a business bank account and credit card?

    Opening a business bank account and credit card in Canada is similar to what you’ve done with your personal accounts and cards. Different documents may be required, though, depending on the structure of your business and the product you’re applying for, but here’s a list of the documents to gather:

    • Identification with your name, address and date of birth
    • Social insurance number (SIN)
    • Articles of incorporation/association, if applicable
    • Canada Revenue Agency (CRA) business registration number
    • Trade name registration, if applicable

    Check what you’ll need with your financial institution before starting your application.

    What should I look for in a business credit card?

    The best business credit cards in Canada offer access to rewards, travel benefits and business-related perks (which you can use for business or pleasure!).

    As an example, let’s look at the Scotiabank Passport® Visa Infinite Business† Card, a credit card that offers rewards and travel benefits that you can use for your business.

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    Keph Senett

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  • Discovery Senior Living Recognized as a Great Place to Work for the Third Year in a Row

    Discovery Senior Living Recognized as a Great Place to Work for the Third Year in a Row

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    More than 9100 completed surveys from team members across the senior living provider organization highlighted high marks for trust and overall experience, surpassing certification benchmarks and securing the prestigious honor.


    BONITA SPRINGS, Fla., May 28, 2024 (Newswire.com)
    –
    Discovery Senior Living (“Discovery”) a nationally recognized senior living provider, has been certified as a Great Place to Work® by the Great Place to Work Institute and its senior care partner Activated Insights. This certification underscores Discovery Senior Living’s dedication to fostering a positive and inclusive work environment for its employees.

    The certification process included surveying employees across Discovery Senior Living’s community locations and assessing more than 60 elements of the team members’ work experience. These elements encompassed employee pride in the organization’s community impact, the belief that their work is meaningful, and a sense of special significance in their roles. Rankings are derived from employees’ experiences, regardless of their role or position.

    “We are elated to receive this certification for the third consecutive year,” said Lisa Lacy, Senior Vice President of Human Resources for Discovery Senior Living. “Our employees are the cornerstone of our organization, and we strive to cultivate a supportive and engaging work environment that enables them to excel. This recognition reflects the dedication and hard work of our team members, and we are honored to receive this distinction once again.”

    Discovery Senior Living is committed to providing its employees with a comprehensive range of benefits including competitive compensation, extensive healthcare benefits, and opportunities for professional development.

    “We recognize our team members as our most valuable asset,” said Bill Sciortino, Chief Operating Officer for Discovery Senior Living. “We are incredibly proud and deeply appreciative of all they do each and every day, demonstrating unwavering dedication to our residents and communities. As an organization, we could not improve without their honest feedback.”

    ###

    About Discovery Senior Living

    Discovery Senior Living is a family of companies that includes Discovery Management Group, Integral Senior Living, Provincial Senior Living, Morada Senior Living, TerraBella Senior Living, LakeHouse Senior Living, Arvum Senior Living, Discovery Development Group, Discovery Design Concepts, STAT Marketing, and Discovery At Home. With three decades of experience, the award-winning management team has been developing, building, marketing, and managing diverse senior-living communities across the United States. By leveraging its innovative “Experiential Living” philosophy across a growing portfolio in excess of 300 communities and over 30,000 homes in nearly 40 states, Discovery Senior Living is a recognized industry leader for performance, innovation and lifestyle customization and, today, ranks among the 5 largest U.S. senior living operators.

    Source: Discovery Senior Living

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  • How a $10,000 Investment in AI Transformed My Career and Business Strategy | Entrepreneur

    How a $10,000 Investment in AI Transformed My Career and Business Strategy | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In 2023, I took a gamble that paid off beyond expectations: a $10,000 investment in AI education, a decision that reshaped my career and business strategy. Despite my background in accounting and business, diving into AI and machine learning was uncharted territory. But before we dive into the impact of this decision, here’s a little background about me and some of what I did in 2023.

    One thing that I want to stress for those reading this article is that you don’t need to go to school for artificial intelligence, machine learning or data science to be truly great at leveraging it. Sure, having a formal background will never hurt, but it should not deter people who are interested in this field from exploring it. I can attest to my statement because I went to school for a B.S. in accounting and a master’s in business administration, obtained a CPA license in New York State, and then pivoted my career through self-learning business intelligence and AI/ML data science consulting–building a business securing over 135 clients in less than a three year period from scratch — some of which include clients like Microsoft, Tory Burch, U.S. Army, Danaher, etc.

    Why am I saying all of this?

    Well, on November 30, 2022, I met ChatGPT3 for the first time, but I was just another end user. I wasn’t this AI subject matter expert or guru who could break concepts down for people and develop business strategies for AI implementations yet. I was simply present for the initial debut of the large language model technology era and cared enough to want to know more because it was at this point that I knew this technology would change the world forever.

    My mind began to contemplate how generative AI would disrupt many career paths, but it would also create an abundance of opportunities for individuals and companies that know how to use it effectively. Immediately, I started searching online for courses that I could learn about generative AI, and unfortunately, at the time, there were none available, but I didn’t let that stop me. I just started with understanding the basics of AI/ML, even without the deep learning or generative component and signed up for two certificate programs at Massachusetts Institute of Technology, where one focused on building data science solutions leveraging machine learning and AI. The other one focused on building AI products and services and deploying them into production.

    Additionally, I took a few courses on Udemy that focused on how to use the OpenAI APIs and learned important prompt engineering techniques, such as the COSTAR framework. Lastly, I invested in some subscriptions to AI tools such as Midjourney via Discord and others, which enabled me to join a network of other creatives who want to use this technology. I joined plenty of networking groups online across various platforms, which enabled me to soak up information and updates at a rate that was far faster than any media outlet could provide. In total, all of this education bundled to nearly $10,000, but it was an investment that was 100% worth it. Here are three key reasons why:

    1. Network expansion

    During my education reinvestment phase, I identified my go-to AI networks for updates and idea exchanges. This serves as a tremendous resource, especially as the pool of individuals within these networks is so diverse, representing companies, products and services across various industries. This network has led to additional referrals and opportunities to expand business and collaborate with others on projects in an informal setting. As a result of this network, I built an active community on Discord and LinkedIn group of IT AI/ML professionals across various industries of over 400 professionals and have partnered with a couple of them on some innovative AI projects.

    2. New service lines

    After I truly began to understand and see how generative AI worked and what skills people and businesses lacked to effectively deploy solutions and strategies of this nature, I was able to build a team within my business that understands the market need for companies who are looking to adopt generative AI solutions. This decision enabled me to open additional service lines within my business, bringing additional value to our existing client base and referral partnerships and winning new work in the marketplace that previously did not exist. For example, I started offering playbooks for enterprises on Copilot deployment strategy, as well as training and education for SMBs on prompt engineering, doing company-specific webinars tailored to their business needs.

    Related: I Tested AI Tools So You Don’t Have To. Here’s What Worked — and What Didn’t.

    3) Now an official paid speaker in AI

    Some say it would be their dream to get paid to speak. It’s an amazing thing for me to be able to say that I am a paid speaker for foundations, SMB organizations, women entrepreneur groups and other networks at a rate of $5,000 a gig. It was because of my reinvested education, along with client experience in this space, that I could parlay my understanding and knowledge over every genAI project I worked on or a concept I firmly understood into a brand new revenue stream I had not yet considered before. I remember my first paid event — it was a webinar for over 70 SMB owners, and I had the pleasure of broadly sharing the impacts of AI across businesses and industries, giving them lots of ways to consider the impacts of the technology and how it may relate to their day-to-day lives. My goal was to provide them with as much value as possible, and based on the responses and feedback, that goal was achieved.

    This journey taught me the value of continuous learning and adaptation in the fast-evolving world of AI, and for those who are reading this, your next game-changing business strategy could be just one learning experience away.

    My motto has and will always be simple: If you’re going to do something that you believe in, why not go all in?

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    Jacqueline Ann DeStefano-Tangorra, CPA, CFE, MBA

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  • How to become a contractor: The real costs – MoneySense

    How to become a contractor: The real costs – MoneySense

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    What do I need to know about managing my finances as a contractor?

    No matter what type of construction business you launch or buy, it’s important to have a bookkeeping system in place—between material expenses, insurance fees, client payments and more, you’ll have a lot of money going in and out each month. You’ll need a separate bank account and line of credit for your business, and it’s smart to have a credit card that’s solely for professional use.

    Pro tip: Choose a credit card for contractors

    Scotiabank has a small-business credit card that’s great for contractors: the Scotia® Home Hardware PRO Visa† Business Card, which can be used wherever Visa is accepted. Its variable interest rate is tied to Scotiabank’s prime rate, and credit limits of up to $500,000 are available (a limit high enough for larger, or multiple, renovations). The card’s interest rate and credit limit depend on whether the account is secured or unsecured, subject to approval and the security provided. The Scotiabank Prime Rate is the prime lending rate published from time to time by The Bank of Nova Scotia. (See the current Scotiabank Prime Rate.) The card has no annual fee, and it has an interest-free grace period of 21 days on new purchases.

    And then there are the rewards. You’ll earn one Scene+TM point for every dollar spent on eligible business purchases made at Home Hardware, which has more than 1,000 locations across Canada, or online at homehardware.ca.

    For every 10,000 Scene+ points you collect, you can redeem $100 at Home Hardware. If you’re regularly buying construction and renovation materials, you can accumulate points quickly—and get a lot of free stuff. Points can be redeemed for groceries, travel, gift cards and more. Plus, as your contractor business grows, you can add supplementary credit cards at no cost. These are great perks for entrepreneurs who want to minimize spending while getting their home renovation business off the ground.

    The business credit card also includes insurance protection on most newly purchased items charged to the account. Most newly purchased items are covered for 90 days by Purchase Security, and these items may be eligible for replacement, repair or reimbursement if they are stolen, damaged or destroyed by fire.

    Cardholders also have access to optional business loan protection insurance, Scotia Business Loan Protect, which can help cover business loan payments, or provide a lump sum of money, if you or another eligible key person can’t work for health reasons or passes away. Scotia Business Loan Protect is underwritten by The Canada Life Assurance Company (1-800-387-2671, www.canadalife.com) under a group policy issued to the Bank of Nova Scotia. All coverage is subject to the terms and conditions outlined in the Certificate of Insurance, which you will receive upon enrollment.

    You can apply for the Scotia® Home Hardware PRO Visa† Business Card online. Plus, until May 31, 2024, you can earn up to 15,000 bonus Scene+ points in your first year (that’s worth up to $150 in points value) by making at least $1,500 in eligible purchases at participating Home Hardware, Home Building Centre, Home Hardware Building Centre, Home Furniture locations in Canada and online at homehardware.ca in the first three months after opening your account. Cardholders also have access to online tools and services designed just for business owners. See Scotiabank’s website for full card details.

    Building a successful career as a home renovation contractor

    If you have the skills and motivation needed to become a contractor in Canada, you have the potential to build a lasting, rewarding career in home improvement. Over time, you might find that the Scotia® Home Hardware PRO Visa† Business Card is just as important to your contractor business as any other tool in your belt. After all, every dollar matters to your small business—so make them count.

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    Erin Pepler

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  • Top Career Motivations of Gen Z and Reasons They Choose an Employer | Entrepreneur

    Top Career Motivations of Gen Z and Reasons They Choose an Employer | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In the dance of generations at work, Gen Z holds the floor now. They will be the fastest-growing generation in the workforce over the next decade. To attract this emerging talent, employers should consider the top items Gen Z is looking for at work.

    A recent study of 11,495 of the highest-achieving high-school students, college students and recent college graduates in the United States reveals the preferences, attitudes and goals of the next generation of workers.

    Top three career motivations for Gen Z

    1. Entrepreneurial culture

    Gen Z is incredibly entrepreneurial, 60% express a desire to start their own businesses. Leaders must create an entrepreneurial culture that nurtures innovation, creativity and risk-taking.

    Encourage Gen Z employees to explore and develop their ideas, providing opportunities for them to spearhead projects and initiatives. Foster an environment that embraces experimentation and learning from failure. By fostering an entrepreneurial culture, leaders can tap into the entrepreneurial spirit of Gen Z, harnessing their innovative ideas and driving organizational growth.

    Related: The 5 Things Gen Z Is Looking for in a Job and Career

    2. Personalization and individuality

    Gen Z craves personalization and desires to bring their authentic selves to work. 92% of Gen Z prefer to have the option of personalizing their workspace. Leaders should embrace individuality and create a flexible environment that allows for personal expression and customization.

    Provide Gen Z employees with the freedom to design how, where, when and what they work on. Encourage diverse perspectives and opinions, valuing the unique contributions that each individual brings to the table. By embracing personalization and individuality, leaders can foster a sense of ownership and empowerment among Gen Z employees.

    3. Social impact and purpose

    Gen Z is deeply passionate about making a positive impact on society. 76% of Gen Z prioritize working for organizations that align with their values. Leaders must incorporate social impact and purpose into their organizational mission and values. Clearly communicate the organization’s commitment to social responsibility and highlight initiatives that contribute to the greater good.

    Provide opportunities for Gen Z employees to engage in volunteer work, community service, or sustainability projects. By integrating social impact into the workplace, leaders can attract and retain Gen Z talent who are driven by a desire to create a meaningful difference.

    Understanding and adapting to Gen Z’s expectations is crucial for leaders to build successful organizations in the future. By cultivating an entrepreneurial culture that embraces innovation, encourages personalization and individuality, and incorporates social impact and purpose, leaders can expect to attract, engage and retain Gen Z.

    Understanding Gen Z’s career drivers is part of the formula for effectively attracting and engaging new talent. The other part is understanding what factors they are considering when working for an employer.

    According to another recent study of 14,483 Gen Z respondents across 44 countries, these are the top reasons Gen Z chooses an employer.

    Top four reasons Gen Z chooses to work at a company

    1. Good work-life Balance

    When it comes to choosing an employer, work-life balance is a paramount consideration for Gen Z. This generation grew up in a hyperconnected world, witnessing the potential downsides of an “always-on” culture. They prioritize their well-being and seek employers who understand the importance of maintaining a healthy work-life balance. Gen Z craves flexibility, autonomy and the ability to pursue their passions outside of work.

    To attract Gen Z talent, companies must prioritize work-life balance initiatives that foster a harmonious integration of personal and professional lives.

    2. Learning and development opportunities

    Gen Z is a generation that values continuous growth, seeking opportunities to acquire new skills, expand their knowledge, and advance their careers. They prioritize employers who invest in their professional development and provide a clear path for advancement.

    To attract and retain Gen Z talent, companies must prioritize learning and development initiatives that align with their aspirations and foster a culture of growth.

    3. High salary or financial benefits

    Gen Z cites the cost of living as their top societal concern, above unemployment and climate change. So, not surprisingly, pay is top of mind when choosing an employer. As they enter the workforce, Gen Z faces economic pressures and desires financial stability. They seek employers who offer competitive compensation packages and financial incentives.

    Companies must address Gen Z’s financial aspirations and provide avenues for financial growth if they want to secure next-generation talent.

    Related: Everything You Need to Know About Hiring and Retaining Gen Z Talent

    4. Positive workplace culture

    Gen Z seeks an environment that is inclusive, collaborative, and supportive, where they can thrive both personally and professionally. Gen Z values a workplace culture that fosters strong relationships, encourages open communication, and promotes a sense of belonging.

    By prioritizing and fostering a culture of recognition and appreciation, leaders can create an environment that aligns with Gen Z’s aspirations and values.

    Gen Z is here, ready to make their mark on the world of work, and companies must adapt to effectively attract and engage this generation. By understanding Gen Z’s career motivations and aligning with the reasons they select an employer, companies can create workplaces that inspire and retain Gen Z talent.

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    Ryan Jenkins

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  • 7 uncomfortable truths all female entrepreneurs should know

    7 uncomfortable truths all female entrepreneurs should know

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    ‌Yes, women are not good at asking for money, and it’s especially daunting going into a room full of men to do it. But, like I said before, that’s because the system doesn’t support them – so let’s focus on that instead. It’s why we’ve got to get more female angels – people who invest their own money – as women are more likely to back women. Ultimately, if you know your business case, it shouldn’t matter if you’re asking a man or a woman. But if we’re going to change the root of the problem and get more female led businesses off the ground, we need more than a measly 14% of UK Angel investors to be women.

    ‌3. No one is going to network for you

    ‌As a female entrepreneur, you need to get comfortable with being uncomfortable. It’s unlikely that we’ll have the same access to professional networks and opportunities that our male contemporaries will. Without creating these support systems, business growth is unlikely.‌

    The good news is there are lots of organisations that are very willing to help. I founded AllBright for this reason, and Barclays Eagle Labs was set up to support entrepreneurs on a pastoral level with mentorship and networking programmes as well as to connect private investors with businesses that need an injection of cash.

    ‌Find one that works for you and your business and accept that being out of your comfort zone is only a good thing.

    4. You need to take ownership of your health and how it impacts your work

    ‌The UK could unlock so much potential if it enabled women to continue their careers after having children or going through the menopause. According to online women’s health hub The Better Menopause, a quarter of women hitting the menopause want to leave the workforce because of it, and, when 75% of those over the age of 45 experience symptoms, this can become quite the problem not only for the women themselves but for productivity levels too.

    But most businesses are unaware of the challenges female health brings. Be sure to have open conversations about health — part of this as an entrepreneur is setting boundaries and being prepared to say no when you need to.

    ‌5. There isn’t a one-size fits all approach to work-life balance

    ‌Female entrepreneurs must navigate work while managing external expectations. Society encourages women to pursue goals rooted in nurturing people. We’re told that everything hangs on getting married and being a good wife, then having kids and being a good mother. After that, it’s retiring early to be a good grandmother. Newsflash – you can have all these things and build your own business.‌

    In fact, it’s one of great benefits of being self-employed: you can operate on your own clock. But you must take time for yourself, whatever that looks like or you’ll burn out fast. Be realistic and set a personal routine that works for you, and when the work or ‘mum guilt’ sets in, you have to silence the criticism of yourself or you’ll end up beaten.

    6. We can age into success

    There’s no two ways about it: society glorifies youth. Don’t let this bias stop you! It’s never too late to start a business – the older you are the more life experience you have and the more contacts you will have built, even without realising.

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    Debbie Wosskow

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  • Tata Consultancy Services cuts bonuses for employees who aren’t in the office 5 days a week

    Tata Consultancy Services cuts bonuses for employees who aren’t in the office 5 days a week

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    Tata Consultancy Services, the main arm of Indian industrial giant Tata, is reportedly clamping down on office-shy workers by cutting their bonuses and hovering the threat of being passed up for promotions.

    The $168 billion Indian consultancy is using a carrot-and-stick approach to lure its consultants back into the office full-time after scrapping hybrid working for most employees last October.

    The consultancy plans to narrow its bonus payouts to exclude those shunning office work five days a week, and will also begin factoring in attendance to annual performance reviews, which are vital for promotion opportunities, Indian publications Mint and The Times of India reported.

    “The last quarter has seen most of you return to the workplace, creating shared experiences, nurturing greater learning, collaboration, and camaraderie,” TCS’s CEO K Krithivasan reportedly wrote to employees in March.

    Employees working less than three days in the office will not be paid any bonus, the publications reported. 

    From there, bonuses will be tiered, with staff working between 60% and 75% of their time in the office receiving half of their potential bonus, and those working between 75% and 85% of their time in the office receiving three-quarters of their “variable pay.”

    Only staffers working more than 85% of their time in the office can expect to receive full pay. 

    In effect, that means only those coming into the office five days a week are entitled to receive 100% of their prescribed bonus.

    A representative for TCS didn’t respond to Fortune’s request for comment.

    TCS clamps down on remote workers

    TCS is a major arm of the Tata group, hiring more than 600,000 people from 152 nationalities. The company hires 20,000 people in the U.K. across 30 locations, according to a 2022 press release. The company is the main sponsor of the London Marathon. 

    It has been hailed as a progressive employer and has the accolades to prove it.

    TCS was one of 16 companies recognized as a “Global Top Employer” for 2024 by the Top Employers Institute, a certification handed out based on employee surveys. The consultancy also made Fortune’s Most Admired Companies list for 2024.

    But TCS now risks flaring tensions among staffers as it goes beyond rules and rhetoric to actively punish workers who don’t make it into the office. 

    In October last year, TCS scrapped its hybrid work policy, ordering most employees back to the office five days a week. 

    The group’s CEO Krithivasan pointed out that in February nearly 40% of his workers joined the company during the COVID, and the company had no hope of assimilating them if they stayed at home.

    TCS’s chief operating officer NG Subramaniam said: “Around 40,000 employees joined us online and quit online without any offline interaction during the pandemic and that kind of situation cannot be helpful for any organization.

    “We are very clear that we have to get our original culture back.”

    The recent memo distributed to workers shows just how serious TCS’s C-suite is taking its own rhetoric.

    In addition to capping bonuses based on appearance, office attendance will also reportedly be factored into performance-related reviews.

    “Employees’ compliance to work from home will be reviewed every quarter. In the event an employee is found to be in violation of the laid down policies, there will be implications on the annual performance review, compensation, and career progression of the employee,” the policy reportedly reads.

    Tying company bonuses to attendance is a novel approach to getting staffers back to the office, but follows a familiar tactic from tech companies that involves using financial incentives to convince workers to come in.

    In 2021, several tech giants including Meta and Google said they would cut the pay of staff who had moved to remote areas with a cheaper cost of living than in their hubs in Silicon Valley.

    These companies have now introduced stricter hybrid policies that ask workers to come in at least four days a week. 

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    Ryan Hogg

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  • Be mindful of what you post on social media after a layoff – MoneySense

    Be mindful of what you post on social media after a layoff – MoneySense

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    To avoid any repercussions, Gupta suggests using a matter-of-fact tone when sharing the experience online. 

    “The world has changed. We know that jobs are not forever. With most layoffs, there is nothing to be ashamed of, even if you realize, ‘You know what, I wasn’t quite what they were looking for,’” she said. 

    “And if you can show a bit of class and professionalism, it goes a long way.”  

    Kadine Cooper, a career and life transition coach, said the first thing you should do after being informed of a layoff is take time to ground yourself and come to terms with the loss. Once you have processed those difficult emotions, ask yourself what you want to do next, where you can seek out mentorship and surround yourself with individuals who want you to succeed.

    The best way to share a career update

    When you’re ready to share your career update online, make sure to strike a positive and professional tone, as this can set you up for future opportunities, Cooper recommended.  

    “You still have the power, right? So start creating a positive narrative about it,” she said. 

    “Write your posts in a way that highlights your resilience and your adaptability and even maybe start emphasizing some of the experiences you gained during that time with the company.” 

    On the flipside, while some people choose to be candid about their layoff experiences to increase transparency around certain employers or industries, Cooper said “ranting and raging” on social media may hurt your future job prospects and discourage former co-workers from providing you with a reference for another job.

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    The Canadian Press

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  • These companies have laid off Canadian workers in 2024 – MoneySense

    These companies have laid off Canadian workers in 2024 – MoneySense

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    Taxes

    2023 tax credits, due dates and when you can file: Your 2023 income tax return guide

    We have everything you need to know about tax credits, changes and deadlines, and more. Get the info you…

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    The Canadian Press

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  • Top 9 Fast-Growing Careers in the Casino Industry – Navigating Career Growth Paths 2024 – Southwest Journal

    Top 9 Fast-Growing Careers in the Casino Industry – Navigating Career Growth Paths 2024 – Southwest Journal

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    The casino world is changing fast, thanks to new tech and the way people like to play games these days. In 2024, there are all kinds of jobs popping up. You’ve got the techy jobs that make sure online games run smoothly and the classic positions that keep things fun and running like clockwork. There’s a huge need for people experienced in all areas as the industry is showing exponential growth. 

    However, it is not only about the knowledge related to gambling games. Tech skills are even more important, including advanced skills related to online payment processors, security, and blockchain technology, thanks to the growing number of online casinos that accept crypto.

    In fact, according to outlookindia.com, blockchain has brought around the decentralization of betting processes, reducing the reliance on intermediaries and providing a more autonomous and user-driven betting environment.

    So, even those looking for a career in the crypto or blockchain industries can start their journey at an online casino. Whether online or land-based, here are some of the biggest, highest-paying casino jobs you can find this year:

    1. Director of Slot Operations

    Slot Operations Director - Leading Role in Casino Growth

    The person in charge of all the slot machines at a casino is called the Director of Slot Operations. They make sure everything with the slots works perfectly. This job has a nice paycheck, with people earning between $70,000 and $131,000 a year. 

    It’s a mix of knowing your tech and being able to lead people. These pros keep the slots running smoothly, bring in new games, and think up ways to make playing even more fun for folks. With casinos getting bigger and going online, there’s a real need for directors who are good with gadgets and can steer their teams to meet the casino’s big plans.

    2. Casino Accountant

    A Casino Accountant plays a key role in managing the financial flow within a casino. This position offers a salary range from $32,000 to $104,500 annually. 

    Accountants in this field are responsible for tracking the money that comes in and goes out, making sure all financial transactions are accurate and lawful.

    But it’s not just about counting money; they also handle the finances for gaming chips and the big bucks that flow through a casino. With the rules in the gaming world always changing, accountants have to be sharp and make sure everything’s following the law. 

    3. Casino Controller

    Master of Casino OperationsMaster of Casino Operations

    A Casino Controller oversees the financial health of a casino, with a salary range typically between $75,000 and $100,000 per year. This role involves detailed financial analysis, budgeting, and strategic planning to ensure the casino’s profitability.

    Controllers are crucial for spotting financial trends, managing risks, and identifying growth opportunities. They work closely with other department heads to make informed decisions that affect the entire operation. 

    4. Gaming Investigator

    A Gaming Investigator ensures that casino operations follow state and federal laws. With salaries around $98,500 per year, these professionals focus on preventing illegal activities within casinos. 

    Their work involves monitoring gaming activities through video and audio surveillance, conducting investigations, and reporting any compliance issues. 

    Gaming Investigators play a crucial role in maintaining the integrity of gaming operations, ensuring that both employees and patrons follow the rules. Their expertise in casino games and security measures allows them to detect and prevent cheating and theft.

    Understanding the role of a platform that consolidates gaming options can provide valuable insights into the evolving landscape of the casino industry, particularly for individuals seeking rapid career advancement opportunities in this dynamic field.

    5. Casino Manager

    Casino ManagementCasino Management

    With a salary range from $35,000 to $91,500 annually, managers are responsible for supervising staff, managing security, and monitoring gaming facilities. 

    They also ensure compliance with local and state regulations. A key goal for casino managers is to maintain an environment that is profitable while staying compliant with all gaming laws. Strong communication skills are essential, as managers coordinate with staff, other management teams, and customers to ensure high-quality service.

    6. Casino Floor Supervisor

    The salary depends on how popular the casino is. That is the main reason why we can once again see a bigger range. The average salary goes between $34,000 and $76,000.

    Supervisors ensure that games operate smoothly, enforce rules, and provide a secure environment for guests. Part of the job involves interacting with customers to solve issues and improve the gaming experience. The same position also monitors the performance of casino staff and provides feedback or training when necessary.

    7. Poker Manager

    Managing Poker Tables in CasinoManaging Poker Tables in Casino

    A Poker Manager is in charge of the poker area in a casino and can earn a salary ranging from $44,500 to $73,500 every year. In this leadership position, the manager supervises poker dealers and makes sure all gambling rules are followed. 

    Working closely with customers, especially during big events or when sorting out issues, is a big part of the role. The manager also looks after the poker section’s finances, manages money coming in and going out, and keeps track of all transactions to ensure they’re correct. 

    Part of the job includes recruiting and training new employees, plus making sure the poker space is safe and inviting for everyone who comes to play.

    8. Slot Supervisor

    A Slot Supervisor oversees the slot machine section in a casino, earning between $50,000 and $73,000 a year. This job involves making sure the slots area runs smoothly, the machines are kept in good condition, and customers are happy with the service. 

    The supervisor checks how well the slot machines are doing, fixes any tech problems, and makes sure winners get paid correctly. Part of the job is also to help and guide the slot attendants to make sure customers get the best service possible. 

    As gaming goes more digital, slot supervisors need to keep up with new tech and trends in games. Being able to lead a team and create a fun and friendly place for customers to play is key to doing well in this job.

    9. Pit Supervisor

    Oversee Casino FloorsOversee Casino Floors

    This job is all about watching over the games to make sure they’re played right, leading the team, and talking with customers to sort out any issues and make sure they’re happy. 

    A Pit Supervisor also has to stay up-to-date with what’s new in gaming to keep the casino’s operations sharp. The average salary is between $46,000 and $69,000.

    The Bottom Line

    The casino industry is packed with all sorts of jobs that suit a bunch of different skills and interests. You could be in charge of the slot machines, run the gaming floor, or make sure everything’s following the law. 

    Each job is important for the casino to succeed. With tech getting better and rules always changing, there’s a growing need for skilled workers in these roles as the industry keeps expanding.

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  • Jobs in healthcare that don’t require an MD—and their salaries in Canada – MoneySense

    Jobs in healthcare that don’t require an MD—and their salaries in Canada – MoneySense

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    Healthcare job Average salary in Canada Annual tuition
    Midwife $111,000 $8,000 to $23,000
    Dental hygienist $98,000 $9,000 to $55,000
    Acupuncturist  $98,000 $5,000 to $45,000
    Physical therapist $94,000 $10,000 to $42,000
    Massage therapist $87,000 $8,000 to $35,000
    X-ray technician $82,000 $7,000 to $30,000
    Paramedic $66,000 $5,000 to $20,000
    Personal support worker $65,000 $2,000 to $4,000
    Ultrasound technician $59,000 $5,000 to $37,000
    Pharmacy technician $50,000 $5,000 to $30,000
    Note: Tuition shown in ranges, as the costs vary from program to program as well as student status.

    10 in-demand healthcare jobs that don’t require a degree

    The following list of healthcare jobs is by no means exhaustive, but it gives you a starting point in your medical career research. The base salaries come directly from those submitted by Canadian healthcare professionals to job posting website Indeed. Think about your return on investment of pursuing relevant training and education in each discipline. 

    Photo by 东旭 王 on Unsplash

    1. Midwife

    Average salary: $111,000
    From the first weeks of conception to well after delivery, midwives provide assistance to those experiencing pregnancy, childbirth and postpartum. This includes monitoring fetal health via ultrasounds, screening bloodwork and coaching. Becoming a midwife involves either getting a four-year university degree or a related postsecondary program in the field. It’s a regulated field. Tuition costs can range from $8,000 to $23,000. Like a doctor, this role also requires a period of hands-on training, and licensing rules and costs vary by province.

    2. Dental hygienist

    Average salary: $98,000
    Cleaning teeth is just one aspect of this job, but it also involves monitoring for health risks like gum disease and diabetes, taking X-rays and, of course, assisting dentists in a range of procedures and surgeries. You can become a hygienist typically in two years, depending on which college, university or post-secondary dental hygiene program you chose. Like midwives, this role also involves getting a provincial license after you pass a certification exam. Tuition costs range from approximately $9,000 to $55,000 with licensing and examination fees ranging from $400 to $1,500.

    3. Acupuncturist 

    Average salary: $98,000
    Acupuncture stimulates and balances the body’s energy by inserting tiny needles into the skin. There’s growing support in traditional medicine that it can be a great way to relieve stress, promote better sleep and other health benefits, adding to the demand for acupuncturists and their unique skills. If you already have a bachelor’s degree in science, you can take courses to get more specialized training. Otherwise, you can enroll in a three to four-year diploma program and register with your local provincial or territorial body. Tuition costs range from approximately $5,000 to $45,000. 

    Image by freepik

    4. Physical therapist

    Average salary: $94,000
    Mobility issues can come up through a sports injury, a car accident, habitual movements and restrictions, and/or through the natural aging process. Physical therapists (a.k.a. physiotherapists) work closely with patients on highly personalized treatment plans. This not only involves making detailed assessments of any challenges or limitations in a patient’s movement but setting achievable goals based on a series of exercises and in-office manipulations. Physiotherapy also requires careful ongoing monitoring for signs of progress or the need to change the treatment plan. Physical therapists need a master’s degree to practice in Canada. Courses usually take about two to two-and-a-half years to complete, and tuition costs can range from approximately $10,000 to $42,000. 

    5. Massage therapist

    Average salary: $94,000
    Massage therapists help relieve physical tension and bodily stress, but they also help educate patients on how to continue therapies with stretching and exercises they can perform independently. HWC’s Cohen sees a particular demand for healthcare jobs that support seniors and long-term care providers, and this is a good example. Becoming a massage therapist begins with taking a three-year accredited training program. If you live in B.C., Ontario, or Newfoundland and Labrador, you’ll also have to apply for a regulated license that can cost nearly $1,000 a year. There are a wide variety of accredited massage therapy schools in Canada offering diplomas as well as massage therapy courses you can take across Canada. They can take between 18 and 24 months to complete, with tuition costs ranging from approximately $8,000 to $35,000. 

    6. X-ray technician

    Average salary: $82,000
    It takes two to three years to become an X-ray technician, depending on whether you specialize in diagnostic radiography, magnetic resonance imaging, nuclear medicine technology or radiation therapy. You’ll also need to be certified by the Canadian Association of Medical Radiation Technologists, unless you’re working in B.C. or Quebec, where Certification by the Canadian Association of Medical Radiation Technologists is not required. From there, you’ll be able to assist with diagnosing and treating conditions while performing everything from mammography to CT scans. Tuition costs can range from approximately $7,000 to $30,000.

    7. Paramedic

    Average salary: $66,000
    When medical emergencies happen, paramedics are the first responders who assess illnesses, injuries and save lives. Depending on the situation, a paramedic might be applying oxygen, working with defibrillators or helping ensure patients are safely taken to a hospital. Expect to complete a one to three-year paramedical or emergency medical technology program through a college or hospital. Then you’ll be seeking both a provincial license as well as an additional license if you’ll be operating an emergency vehicle. Tuition ranges from approximately $5,000 to $20,000, while annual licensing fees range from $100 to $600, depending on the province in which you work. 

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    Robert Furtado

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  • 43-Year-Old’s Remote Side Hustle Earns Nearly $3,000 a Month | Entrepreneur

    43-Year-Old’s Remote Side Hustle Earns Nearly $3,000 a Month | Entrepreneur

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    This Side Hustle Spotlight Q&A features Sam Ziegler, a 43-year-old drummer based out of New York who has a side hustle providing support on Geeker, which offers on-demand help from IT and software experts.

    Image Credit: Courtesy of Sam Ziegler

    When did you start your side hustle, and where did you find the inspiration for it?

    My passion is music, but the gigs, and therefore the income, are not always consistent, so relying on it as a full-time career is not realistic. I started with Geeker in July 2023. I have many years of IT experience and was hoping something like Geeker existed, a remote side hustle where I could apply my skill set to help people solve their computer problems. I was conducting some research on Google and discovered Geeker. My inspiration is my family and the opportunity to help people. Knowing that you make someone else’s life easier by solving computer issues is a very fulfilling feeling.

    What were some of the first steps you took to get started with the side hustle?

    I filled out the registration form to become a Geeker, answered a few technical questions they used to measure and qualify my expertise and then had a Zoom interview. After the interview, I was approved as a Geeker.

    Related: I Made Over $400,000 From a Side Hustle on Top of My 6-Figure Salary Last Year. I Love Diversified Income — and This Game-Changing Money-Saver.

    What were some of the biggest challenges you faced during your side hustle journey, and how did you navigate them?

    I am now 43 and have been playing music for 28 years. I went to vocational school for computer repair in 1999 and took a job with IDT. While there, I became skilled in telecom and got certified in Cisco networking technology. Around that time, I was splitting time between the Newark office and the IDT offices in Manhattan. Then September 11 happened, and the towers fell close to the building I was commuting to, and I thought, Life is too short. I left IDT to pursue music full-time. I have been playing weddings, bar and bat mitzvahs and concerts and recording music ever since.

    Along the way, I have kept my tech skills fresh by taking jobs here and there, but oftentimes, they didn’t have the flexibility I needed to keep doing my passion — music-related work. This past summer, I was looking for work as the summer season of busy music gigs was slowing, and I was trying to cobble together something that enabled me to use my tech skills where and when I wanted. I have a family now and had considered driving for Uber and Lyft to bring in some income, but I had some safety concerns and wanted to work from home. I came across Geeker, and it was exactly what I was looking for. I earn between $70-$90 an hour and work as much and as little as I need to, all from the comfort of home. I also get to help people, which I love.

    Related: At 23, She Started a Side Hustle for ‘Quick Money.’ Now the Business Brings in More Than $1 Million a Month — and Boasts Celebrity Fans.

    How long did it take you to see consistent monthly revenue? How much does the side hustle bring in on a monthly basis now?

    It varies every month because of the nature of what I do, but I average roughly $2,700 a month for about 28 hours of work. In the months that I have more time, I log in to Geeker to take on more, but on the average month, I only work about an hour each day.

    What’s your favorite part about working on the platform?

    Helping people from different parts of the world no matter where they are. The money component is just a small benefit I receive from doing something good for someone else. To me, money is a bonus and is secondary to the main reason I use Geeker for my side hustle.

    Related: The Most Unexpectedly Popular Side Hustle of the Decade Has Low Startup Costs and High Markups

    What’s your advice for others hoping to be successful on Geeker or with any side hustle?

    If you have the time, patience, passion to help people and a basic knowledge of how to fix computer problems, you can be on the right path to succeed on Geeker. “Success is about the journey, not the destination” is a life lesson I integrate into everything I do.

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    Amanda Breen

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  • Majority of women have never asked for a raise. Here’s how to negotiate for a higher salary

    Majority of women have never asked for a raise. Here’s how to negotiate for a higher salary

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    Asking for a pay raise is no easy feat, particularly for women.

    More than half of women around the world have never asked for a raise before, according to a 2024 study by job listings site Indeed. Of the 43% who asked, three in four received a pay increase.

    Additionally, 61% of women globally believe “they need to work harder for recognition than their male counterparts,” according to the survey, which polled more than 14,500 women across 11 countries.

    According to research from Indeed, here’s the percentage of women who have asked for a raise in each country surveyed:

    One Asian country stands out from the pack: India. Women in India were the most confident, with 65% of the respondents saying they have sought out a pay raise in the past.

    “Female respondents in India were consistently more optimistic than their global counterparts,” Nishita Lalvani, marketing director for India and Southeast Asia at Indeed, told CNBC Make It. Indian women also reported having more satisfaction when it comes to steps their employers were taking to close the gender wage gap.

    However, women in Japan and Singapore were the least confident when it came to asking for a salary increment, the survey showed. Only 13% of women in Japan and 32% in Singapore said they’ve asked for a raise before.

    Globally, 24% of the women surveyed said they lacked opportunities to ask, while 28% said they were afraid of negative consequences. Additionally, 28% of women said they did not have the confidence to bring up the conversation.

    “Women generally find it more of a challenge to self-advocate for a promotion and/or pay raise,” Aileen Tan, chief human resources officer with AIA Singapore said.

    Having the drive and ambition are crucial if you want to build a successful and fulfilling career. This must be coupled with the ability to deliver and execute on plans.

    Alieen Tan

    Chief human resources officer, AIA Singapore

    “I learnt early in my career that ‘nothing ventured, nothing gained,’” she told CNBC Make It. “It is equally important to be willing to raise your hands and step out of your comfort zone because all opportunities will come with its own set of risks.”

    Here are six tips on how to best navigate a salary negotiation, according to HR experts.

    Do your research

    Prior to the conversation, it is important to find data on salary benchmarks for your role online and discuss with peers so you can be best informed before entering the meeting, said Pooja Chhabria, career expert and Asia-Pacific head of editorial at LinkedIn.

    It’s imperative to have “clarity of thought” about what you think your compensation should be prior to the discussion, she told CNBC Make It.

    Be confident

    Although having the salary conversation can be daunting, ultimately, being well prepared will help you find confidence during the conversation. Practicing with a friend or a mentor beforehand can also help you identify ways to perfect your delivery.

    “I always believe that it takes a lot of effort to look effortless. So that confidence will always come from having that clarity of thought having done that research,” she adds.

    It is also important to understand what your manager and company cares about, and to keep that in mind throughout your conversation. After all, the point of a negotiation is to reach a “mutually beneficial outcome.”

    Prepare your pitch

    Preparing your pitch should begin before the conversation is set to take place. It is important to include specific achievements, and be prepared to address any objections from your manager.

    “Be very clear about what is it that you’re going to tell your manager, starting with showcasing your value [and] giving examples of industry benchmarks,” Chhabria suggests. It’s also important to “address concerns where there could be constraints around budgets,” she said.

    Additionally, “having a mentor to advocate for you is key,” says Aileen Tan. “[My mentor] helped me build up confidence and provided a good sounding board.”

    Schedule a meeting

    It is important to schedule a meeting in advance and to make clear that you would like to discuss compensation and career development. Don’t spring the conversation on your manager unexpectedly or frame it casually.

    Additionally, be strategic with the timing of the meeting. “For example, if everybody’s really busy with the launch a new product launch and everybody’s really all hands on deck, maybe that’s not the right time,” she says.

    Showcase your value

    As they like say for college essays: “Show, don’t tell.” It’s the same with salary negotiations.

    It’s crucial to bring examples of how you’ve helped solve problems and create a positive impact in the past. Quantifying your examples with numbers can also help during your negotiation.

    “Communicate the impact that you’ve driven through your role, through your work, through the results that you’ve driven, tying it back to what the company and your team objectives are,” Chhabria suggests.

    Be professional

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  • How much should I charge for freelance services? – MoneySense

    How much should I charge for freelance services? – MoneySense

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    Pricing your services can be tricky, even for experienced freelancers. Let’s go over the factors to consider when deciding your rates. There are three parts to this: understanding the market you’re in, determining your income needs and your business’s break-even point and, lastly, setting your price using cost-based or value-based pricing.

    1. Understanding the market

    The first step in finding out how much you should charge for freelance services is to do market research. You’ll want to determine the following: 

    • Competitors: Who are the other players (businesses or freelancers) that offer the same or similar services in your industry or region? 
    • Customers: Who are your competitors targeting? Who are their customers, where are they, and what specific products or services are they buying?
    • Pricing: How are your competitors pricing their services? Check their websites to see whether they use hourly or project-based pricing. What factors might play a role in their pricing—for example, do they provide unique value or services, do they have lots of experience, or do they charge below-market prices to attract customers? 

    Then, map out where you fall into this mix, and use your research as a benchmark when making your own decisions. When doing this analysis, you can figure out your place in the market using the popular S.W.O.T. method: find out the strengths, weaknesses, opportunities and threats in your business environment (your geographical region or your competition online, for example). This will also help you compare your offerings to those of other vendors. 

    If you’re a freelance event photographer, for example, and you offer photos but not videos, your service packages should be priced lower than those of freelancers who offer both. This could help you attract customers who are looking for more affordable rates. And, you could also expand your services to include video in the future.

    By the end of your research, you should be able to answer some questions about how much you will invoice as a freelancer, such as: 

    • What are the going rates for services in your industry?
    • Will you charge hourly for your services, or will your pricing be project-based, or both?
    • If you are charging for projects and/or packages, what services will they include?
    • Will you have different bundles or packages at different price points, based on your costs and the value you provide to the customer? 

    How much to invoice as a freelancer 

    Now, you need to determine the dollar amount you should charge for your freelance services. There are two parts to this: a personal needs assessment and calculating your business expenses.

    1. Personal needs assessment

    How much will you need to pay yourself? Understanding your personal needs (rent payments, utilities and other necessities) versus wants (discretionary spending on food, entertainment or hobbies) will help you determine what you are able to pay yourself and what you are willing to sacrifice until your business grows. 

    Let’s say your needs require that you earn at least $1,000 a month from freelancing in addition to your other sources of income. When determining your personal payout, you need to consider your income tax bracket as well—new freelancers often forget about this. If your needs cost you $1,000 per month, and you’re roughly in a 30% tax bracket, you’ll need to pay yourself at least $1,300 from the business. (Read more about tax brackets, how they work in Canada and find out how much taxes you may have to pay.)

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    Shalini Dharna Kibsey, CPA

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  • Economists say the labor market is strong — but job seekers don’t share that confidence. Here’s why

    Economists say the labor market is strong — but job seekers don’t share that confidence. Here’s why

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    The job market looks solid on paper.

    Over the course of 2023, U.S. employers added 2.7 million people to their payrolls, according to government data. Unemployment hit a 54-year low at 3.4% in January 2023 and ticked up just slightly to 3.7% by December.

    “The labor market has been fairly strong and surprisingly resilient,” said Daniel Zhao, lead economist at Glassdoor. “Especially after 2023 when we had headlines about layoffs and forecasts of recession.”

    More from Personal Finance:
    What to know about bereavement leave at work when a loved one dies
    Americans can’t pay an unexpected $1,000 expense
    Employers and workers are at odds over work-life balance

    But active job seekers say the labor market feels more difficult than ever.

    A 2023 survey from staffing agency Insight Global found that recently unemployed full-time workers had applied to an average of 30 jobs, only to receive an average of four callbacks or responses.

    “Between the news, the radio, and politicians just talking about how the economy is so great because unemployment is low and just hearing all that, I just want to scream from the rooftops: Then how come no one can find a job?” said Jenna Jackson, a 28-year-old former management consultant from Ardmore, Pennsylvania. She has been actively looking for a job since her layoff four months ago.

    “I haven’t quantified how many applications I’ve applied to but it’s definitely in the hundreds at least,” Jackson said.

    More than half, 55%, of unemployed adults are burned out from searching for a new job, Insight Global found. Younger generations were affected the most, with 66% complaining of burnout stemming from job search.

    A major reason could be the fact that the labor market is cooling.

    “There’s less of a frenzy on the part of the employers,” according to Peter Cappelli, a management professor at the University of Pennsylvania. “If you’re somebody who wants a job, you would like a frenzy on the part of the employers because you would like to have lots of people trying to hire you.”

    Some experts suggest it might also be due to the expectations of job seekers.

    “How people feel about the job market is informed by their recent experiences with the job market,” Zhao said. “In 2021 and 2022, there were labor shortages, so [employers] were offering all kinds of perks and benefits to try to get people in the door. So even if 2024 is shaping up to be a relatively healthy labor market by recent comparison, it doesn’t feel quite as strong.”

    Watch the video above to find out why getting a job feels harder than ever.

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  • Grant money for school: How to get the funds to develop your skills—and advance your career – MoneySense

    Grant money for school: How to get the funds to develop your skills—and advance your career – MoneySense

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    Ontario grant programs

    Here is a sampling of grant programs in Ontario. Not living here? Check out your provincial or territorial government employment website for similar programs: British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories and Nunavut.

    Better Jobs Ontario

    Better Jobs Ontario, formerly known as Second Career, is focused on supporting Ontarians taking courses that last no more than a year, including microcredential courses. It’s aimed at those who have been laid off or who have been unemployed for six months or longer, but recently it was expanded to serve gig workers, youth and people on social assistance. For instance, you can also apply if you receive unemployment insurance or if you receive assistance through Ontario Works or the Ontario Disability Support Program.

    The $28,000 available through Better Jobs Ontario can go a long way toward tuition, books and other course materials. To qualify, applicants must have been laid-off, and they are not working or working a temporary job to cover expenses. People who have not been laid-off but who have been unemployed for six months or longer and belong to a low-income household may also qualify. 

    Ontario Learn and Stay Grant

    Launched in 2023, the Ontario Learn and Stay Grant program was designed to provide full, upfront tuition for those living in communities across the province who are studying practical nursing, paramedical training and medical lab tech skills, for example. Applications for 2024 will open this spring. Already in school? You can still apply after you’ve started a course, as long as you do so 60 days before you finish your studies with an approved institution.

    The government is providing $61 billion in funding to be divided among all applicants between now and Spring 2026. The key stipulation here is that you must agree to stay and work within what the province defines as an underserved community after graduation. Grey Bruce and Simcoe counties, for instance, have described the Ontario Stay and Learn Grant as a way to address the many health-care jobs it will have to fill over the next decade.

    Ontario Graduate Scholarship 

    The Ontario Graduate Scholarship Program (OGS) is similar to the Canada Graduate Scholarship, but is offered at the provincial level. OGS is a merit-based scholarship that assesses applicants based on the ranking criteria of the school you’ve been accepted to attend. In other words, participating schools, which include Queen’s University, Western University, the University of Toronto and the University of Waterloo, and others, will determine who receives scholarships. 

    The scholarship amount awarded is based on the number of consecutive terms you’ll be enrolled up to a maximum of six consecutive terms. Up to $10,000 is available for two consecutive study terms or $15,000 for three consecutive study terms. Check for other equivalents to OGS in B.C., Alberta and other provinces. 

    Corporate and non-profit funding for school

    If you’ve exhausted government funding options or want to go that extra mile to secure dollars you can invest in your education, then there are plenty of corporate scholarships worth considering. The RBC Future Launch scholarship offers $1,500 to those aged 15 to 29 who are taking short-term courses, workshops or certification programs. And BMO Funding Futures Scholarships is a four-year, renewable scholarship that has recently focused on Black Canadians and provided $500,000 to 150 students.

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    Robert Furtado

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  • Boreout Is the Workplace Syndrome That Can Be Just as Damaging as Burnout – POPSUGAR Australia

    Boreout Is the Workplace Syndrome That Can Be Just as Damaging as Burnout – POPSUGAR Australia

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    The concept of burnout is woven into the cultural zeitgeist. The notion that feeling overworked, exhausted, and stressed with little downtime can lead to anxiety, sleep problems, and mental health impacts has been widely discussed. But have you heard of burnout’s lesser-known companion? Extreme daily boredom, or boreout, is the result of continuously working in an environment that is underwhelming, unchallenging, and unrewarding, and experts say it is just as damaging to our mental health as burnout.

    This syndrome is the result of chronic boredom, an emotional state that leads to sufferers experiencing “mental numbness”, an inability to focus, and feelings of worthlessness. And it seems to be on the rise. As the country was put into lockdown at the beginning of the pandemic, many employees were forced to work from home. And according to data from the Opinions and Lifestyle survey, it is estimated that around 40 percent of people were still working from home in 2023.

    Yet, a huge 85 percent of employees currently working from home want a “hybrid” approach of both home and office working in future, according to The Home Office Life statistics. The growing train of thought is that working remotely offers little social stimulation with less pressure to perform “in person”, contributing to a sweeping feeling of boreout.

    And it’s not just another media buzzword. Back in June 2020, a French perfume designer was awarded a £36,000 payout after lawyers successfully fought for his case that he had suffered extreme boreout at work, leading to a nervous breakdown. According to the Daily Mail, the worker explained how he was given mind-numbing tasks for four years after the firm lost a big client, and described it as a “slow descent into hell”.

    So how do you know if you are suffering with boreout? What are the symptoms? And how can you break the cycle? Read on as experts to reveal how to recognise boreout and what to do about it.

    What Is Boreout?

    Unlike boredom, which is a temporary state of feeling understimulated, boreout is the result of being subjected to an understimulating environment both mentally and socially for a long period of time.

    “Lots of different factors can lead to chronic boredom. Working from home with little or no social interaction is a big one as workers not only miss out on face-to-face stimulation, they also lack things like praise for their work, nerves from having to speak in meetings, and excitement from the buzz of a competitive office environment,” Andrea Trethewey, life coach and head of mindset change at RWL, tells POPSUGAR.

    “Feeling underchallenged is another. For example if the work is uninteresting or too easy, or even if there isn’t enough work to do to fill the hours a person is expected to work, is another. And simply being led to believe that their contribution to the workplace is pointless and they are of no value. As a result, sufferers are left feeling like their working lives are meaningless.”

    You may have even found yourself unintentionally quiet quitting. The TikTok-favoured phrase involves coasting through work without asking for extra responisibilities. While this is often an informed decision as an antidote to burnout and to set better boundaries, you might find yourself quiet quitting due to lack of motivation, passion, and apathy.

    Studies into boreout have found that chronic boredom in employees significantly increased the likelihood of stress symptoms. A 2020 study published in the Business & Management Studies: An International Journey, also found that those who suffer with boreout became depressed and suffered with anxiety both in and out of the workplace. Physical health also took a hit with high blood pressure, insomnia, and headaches all common in those chronically bored at work.

    Boreout vs. Burnout

    They sound similar, they are both the result of a negative work-life balance, but what is the difference between boreout and burnout? Dr Elena Touroni, a consultant psychologist and co-founder of The Chelsea Psychology Clinic, says: “A lot of the symptoms are the same but the causes are complete opposites. First of all, it’s usually easier to identify the symptoms of burnout. Sufferers feel overwhelmed, mentally exhausted, and like they are running on adrenaline as they attempt to work under high pressure to meet impossible workloads.”

    However, boreout can be harder to identify. “We are not familiar with associating doing nothing with negativity,” Dr Touroni adds. “We are so used to thinking that doing nothing is a luxury, a rest, but in reality, we are not designed to sit and do nothing for long periods of time. Humans thrive on feeling valued and, in fact, having a purpose in life is what helps most people achieve happiness. Without this, people experience sadness and stress. Where burnout is overwhelm, overstimulation, and overload, burnout is underwhelm, under stimulation, and complete lack of motivation.”

    How to Know If You’re Suffering From Boreout?

    All the above sounding a little too familiar? “The best way to tell if chronic boredom is impacting you is to look at your health,” says Trethewey. “Are you struggling to sleep? Have you noticed your mood changing outside of work? Are you unable to motivate yourself to do even basic things like get dressed in the morning? Make yourself something to eat? Or leave the house?”

    Feeling unmotivated is dangerous because it impacts our lives 24/7 and very quickly takes its toll on our health and our personality. “Check in with yourself and notice if you have become a recluse who has lost interest, not just in their work, but their life too,” Tretheway adds.

    Persistent feelings of boredom, dissatisfaction, disinterest, and lack of engagement in your work are all tell-take signs. Other feelings that you might carry with you outside of work include general frustration, being easily agitated, feeling stuck in a neverending rut, lethargy, low mood, anxiety, and depression.

    How to Overcome Boreout?

    Talk About How You’re Feeling

    “Whether you are experiencing boreout in your work or personal life, it is essential that you talk about how you are feeling with those who can make changes to help you,” Trethewey advises. Share your feelings with your manager or coworker and voice that you want to and are willing to do more.

    While your manager should already be doing their job and making sure you feel fulfilled and are being worked to your potential, it could be that they have no idea how bad things have become for you. Tell them you are looking for new projects or a bigger workload and something as simple as this can help you break out of the cycle of boredom.

    Change Your Environment

    “If possible, change your physical work environment. If you work from home, choosing a location that requires you to leave the house can be enough to snap you out of a chronic boredom cycle by exposing you to natural light, other people, and things that interest you,” Dr Touroni says.

    Working from a different location, like a cafe, a co-working space, or even a different room in your house can actually help improve concentration because your mind is more active and therefore less likely to become idle. “Being around others, even if you don’t speak to them, can also make you feel happier and more sociable, helping lift feelings of worthlessness.”

    Switch Up Your Daily Routine

    “Humans love routine as it makes us feel safe, but getting stuck in a monotonous routine that leaves you on auto-pilot can numb the mind,” Tretheway says. “Try to introduce different things each day. For example, go for a walk on Monday before work, go out and get a takeaway coffee on a Tuesday, or do a pub quiz on a Thursday night. This will help each day have a little purpose outside of work.”

    Invest in Self-Care

    “You might not feel it, but you are in a state of extreme stress. To bring down your cortisol (the stress hormone) and give yourself some dopamine (the happy hormone) you need to introduce some self care activities,” Dr Touroni advises. “Enjoy a long soak in the bath, curl up on the sofa with your favourite film, go for a long walk, or even spend time baking a cake. These things can help reset your emotions and give you a bit of independence back.”

    Set Your Own Goals

    “Sit down and write down every goal that you can think of, even if it feels too big or even silly in the moment. Once they are all there written in front of you, take a moment to realise that you do have drive, and you can get excited by ideas. Use these to think about jobs you can apply for, or areas of your current job you can move into,” Tretheway says.

    And, above all, if you feel like you can’t cope and it is having an impact on your mental and physical health, speak to your GP. Alternatively, seek out career counsellors and life coaches for some practical advice.

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    Jenny francis

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  • Parents encouraging kids to work in low-paying jobs sparks debate

    Parents encouraging kids to work in low-paying jobs sparks debate

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    A social media influencer has sparked a debate after saying parents are cruel if they encourage their children to pursue low-paying careers.

    As college students graduate, they are facing an uncertain economy and a collective $1.75 trillion in debt.

    With their financial futures already up in the air, some parents feel it’s their responsibility to ensure that their children choose a lucrative career, while others take a more laissez-faire approach, encouraging their kids to pursue whatever interests them most, no matter the typical salaries in that field.

    The TikTok account @degreefree, which regularly creates content on the downfalls of attending college, recently posted a video in which content creator Hannah Maruyama called parents cruel for encouraging their kids into fields like art or theater.

    Graduates of Brooklyn Tech High School toss their hats in the air at Brooklyn Bridge Park on June 25, 2020, in Brooklyn, New York. A social media influencer has sparked a debate after saying parents are “cruel” if they encourage their children to pursue low-paying careers.
    Andrew Lichtenstein/Corbis via Getty Images

    “The very ugly truth is that if you are low or middle class, there are some jobs that your children cannot afford to go into,” Maruyama said in the video.

    If children from these financial backgrounds enter certain low-paying industries, they will be so cash-strapped that they will be unable to help themselves, the TikToker said.

    “It does not matter if their passion is to do whatever that is,” Maruyama said. “They will not be able to afford to put a roof over their head, pay for groceries and also exist, and pretending otherwise is a massive disservice to them.”

    Maruyama went on to say that more than a disservice, it’s cruel for parents to do this. Once the kids graduate, she said they will have a “collision with reality.”

    “It’s not capitalist or whatever,” Maruyama said. “Every single person on planet Earth in every single country needs to have food to put in their mouth, clothes to put on their back and a roof to put over their head.”

    Maruyama recommends that parents ask their high schoolers how much money they need in order to exist and help them figure out what careers will financially support that.

    “They need to put their oxygen masks on first,” Maruyama said. “Clocking in every day to help people when you cannot help yourself is a truly terrible position to be in. Please don’t do that to your children.”

    Maruyama, who helps create custom career roadmaps for teenagers through the Degree Free organization, said when she created her video, she wasn’t just referring to low-paying job fields but also high-paying professions that have a low return on investment.

    “High schools are college pipelines,” Maruyama told Newsweek. “Colleges love these paywalled professions. It’s how they make their money.”

    For parents who don’t have a trust fund lying around for their children, they need to focus on other opportunities for their kids that don’t necessarily have a high cost to enter, Maruyama said. That could mean an entry-level job at a nonprofit or theater as opposed to acting school or a social-work degree or even starting your own business.

    “My loudest critics say something along the lines of ‘I’d rather be happy than make money,’” Maruyama said. “Acting like the choice is binary and solely tied to one of the very few jobs that actually require the purchase of a degree shows how poorly we’ve educated our society about career options.”

    Maruyama said the idea of college as necessary to reach a rewarding and high-paying job aims to sell loans during America’s current student debt crisis.

    The average starting salary for a college graduate is $55,260. However, the total cost of a bachelor’s degree including interest, lost wages and cost could reach more than $500,000.

    “The current approach is ruining our high schoolers’ lives before they even start,” Maruyama said.

    While Maruyama makes a damning case for parents who tell their kids they can be anything they want to be, career counselors are more divided on her advice.

    Adriana Herrera, the founder of on-demand pay empowerment software PayDestiny, said it’s important for parents to recognize the personal fulfillment and societal value children will get from a job, including those in social work, teaching, music or art.

    “It would be a mistake for parents and our society to discourage talented, empathic, intelligent and passionate individuals away from these jobs,” Herrera told Newsweek.

    Still, there’s a fine line as parents also need to be aware of the financial realities their children will face in the real world.

    “It is also my belief that parents have a responsibility to ensure their children can thrive, not just survive,” Herrera said. “It’s also a parent’s responsibility to walk their child through an understanding of how selecting a low-paying high-societal-value job can be economically limiting and consequently limit life choices.”

    Herrera added that it’s certainly possible to find a job in which you feel personally and financially fulfilled, but you need to run the numbers to make an informed choice.

    Because of the economic realities of certain career fields, wealth adviser Jim Eutsler said parents have a responsibility, and sometimes it includes tough love.

    “Part of growing up is living with the outcomes of decisions you make, and if your parents can help limit the surprises, especially the negative ones, by being as transparent as they can be about what the future of a given career path is going to look like, I feel they are doing their parental duty,” Eutsler told Newsweek.

    Still, at the end of the day, career coaches acknowledge that each person’s career decisions are their own, and there’s only so much you can do as a parent.

    “You can’t live someone else’s life, especially your kids,” dad and career coach Tim Toterhi told Newsweek. “Parents should offer insight to the economic realities of different careers, but kids are ultimately accountable for their choices.

    “Resist the temptation to overplay your hand. A thumb on the scale in either direction can come back to bite you. Instead of exerting undue influence, teach your kids how to think critically and then get out of the way. The best decision is the one they own.”