Did you know the 401k was created as an amendment to the tax code called "The Revenue Act of 1978"? The main purpose was to generate revenue for the government. The 401k is a defined contribution plan. The government tells you how much money you can contribute with no guarantee of how much will be there when you go to take it out. Members of Congress do not have 401k plans. They have pensions, which are defined benefit plans. They know exactly how much money will be there when they go to take it out. They wrote the law that takes money from taxpayers and puts it into a pension system for them. Congress uses taxes to fund their retirement instead of retirement that funds taxes. There are ways to get off the 401k train and put money into a vehicle with guaranteed tax free growth. It's called an IGIC - Investment Grade Insurance Contract. Your 401k can be reclassified into an IGIC using IRS Code 7702. Message me for more info.
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My new manager is avoiding me
Last week it was announced that my team is going to have a new manager. The new manager had her 1-to-1s with everyone in the team except of me to discuss how their roles are going to change and just check how they feel about the change and what are their ambitions for the future. I am one of the most experienced people in the team and I have a good reputation within the business. My previous manager asked me how I feel after my 1-to-1 with the new one and I told him I haven't had one so he asked my new manager and my new manager said she has not scheduled anything because I seem to be busy for the next 1 month, which is not true - I have some meetings but I have free slots in my calendar, too and I checked there are plenty of free slots that match with her free slots, so in my opinion this is an excuse. I tried to reach out to her to ask for a 1-to-1 meeting but she did not respond to me at all. As the team is transforming I would like to discuss with her how I see my role and how can I help in this transformation being one of the most experienced people but I wonder if she is not interested or she is just planning to get rid of me (but if that is the case I can't think what might be the reason).
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I interviewed with a company where I hit it off with the hiring manager.
She said she was excited about my candidacy and passed me on to the next series of rounds. I made it to the final round. All of the interviews went well. I sent thank you notes. The hiring manager said I should hear from someone within the week. A week went by and I didn't hear anything. I saw the position reposted on Linkedin. I reached out to inquire about the status of my candidacy and so far have not received a response. It seems to me if they reposted the position then they have passed on me. I just assumed they would send the standard rejection email. I appreciate your thoughts.
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Make sure you’ve identified the key competencies required for leadership positions within your organization.
Some common competencies include strategic thinking, decision-making, influencing, communication and adaptability. Why? Because you’re being assessed against specific competencies to determine your potential to develop and excel in higher roles.
Be certain that you are not only a woman who is a
high performer, but that you are also showing up as a woman who can be categorized as high-potential talent.
Check my latest Career Mentor Monday episode here: https://www.spreaker.com/user/9395734/career-mentor-monday-being-a-high-perfor
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So, I work for three very controlling and erratic bosses.
Everyone is always on guard for what will happen to me next, very chaotic. I have an opportunity to potentially switch departments but I know if I go down this road, they will sabotage me. My friend who is trying to steal me wants me to give a presentation for her department so that her boss can see my skills before I apply. Problem is, how do I tell my manager or do I just do it and beg forgiveness. She will be angry when she finds out but if I ask she’ll likely say no..
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Proud at Work: Celebrating LGBTQIA+ Inclusivity in the Workplace
Join us for an empowering event sponsored by General Motors, Fairygodboss, and The Muse x Fairygodboss Diversity and Inclusion Group (DIG).
✨ Date: June 8
✨ Time: 1:00 - 2:00 p.m. ET
✨ Location: Virtual on Hopin
This free event is a unique opportunity for professionals to come together and celebrate the progress we've made in LGBTQIA+ inclusivity at the workplace, while also discussing how we can continue to promote acceptance and empowerment.
Register here at bit.ly/43Kef0g
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I have a wonderful coworker (Supervisor) that I have worked with for 2 years.
She is a hard worker, never calls in and always goes above and beyond to get the job done. She has amazing performance reviews and has never had an issue with management or other employees.
Our company requires a background check before an employee can start. Apparently our old General Manager did not process her background check and just allowed her to start. She had a run in with the law in 2011 and was convicted in 2018. Once she was allowed to work she assumed the company didn't care about the conviction. There was not a question asking "have you ever been convicted of a felony", so she did not falsify any information. She turned her paperwork in like she was supposed to.
Fast-forward to the current day.... the company realized that her background was never processed and she is now awaiting the results. Her fear is that the background check could cause her to lose her job.
Isn't it the companies responsibility to make sure all of the employees background checks are processed? Should the burden fall back on the employee? ANY advice for her would be helpful.
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