Hedge Fund Culture

Hedge Fund CultureHedge Fund CultureWorking at a hedge entdeckung is not like working at an investment bank or a traditional mutual fund. Investment banks and mutual funds are generally large organizations that include support departments that ease the workload of the investment bankers or traders at a mutual fund. For example, there are human resource departments that manage the recruitment of new employees and absatzwirtschaft departments who oversee the marketing of the firms services to investors and clients. Most hedge funds do not have large human resource or marketing departments these responsibilities are instead taken up by the managers of the funds. This also means that employees end up pitching in to help in areas that they normally arent involved in at I-banks or mutual funds, such as interviewing potential new employees and helping to put together marketing materials. Because they have a lot at stake with the success of their funds, hedge fund managers are (on the w hole) more intense than traditional mutual fund money managers. They are more likely to be involved with the day-to-day running of the firm, which means that the manager will have a higher level of involvement and interaction with most of the staff than at I-banks or mutual funds. Still, as a hedge fund grows, this interaction is inevitably reduced somewhat as the manager hires and delegates some of the operational and trading responsibility to new employees. On the whole, the culture of a hedge fund is less structured and more likely to wear business casual than an investment bank or mutual fund. Also, the whole firm is usually focused on the success and performance of the fund, which tends to make for a cohesive and collaborative working environment.

7 Reasons to Use a Recruiter to Find a Job

7 Reasons to Use a Recruiter to Find a Job7 Reasons to Use a Recruiter to Find a Job7 Reasons to Use a Recruiter to Find a JobFinding the job you want is hard.Whether youre looking to reenter the workforce or leave your current position, the excitement of a new career is often thwarted by the daunting task of job searching. Do you really want to sift through job boards to find potential openings, put mora time into perfecting your resume, and sit around waiting for the phone to ring?To make the process easier, consider working with a recruiter. When working with a recruiter, youre leid totally alone in your job search. A recruiter could match you with a job that requires your skills and experiences.RelatedThe Dos and Donts of Working With a RecruiterKeep in mind that a recruiters job is not to find you a job. Recruiters are hired by businesses looking for employees to fill their open positions. They dont find jobs for people they find people for jobs. However, you gain several perks as a job seeker in a recruiters candidate pool. Below are seven reasons why you should use a recruiter for your job search.1. Recruiters save you time.How many hours do you spend searching job boards and sending applications? By using a recruiter, you split the workload. Recruiters spend eight hours (at least) a day trying to find candidates for their clients.Recruiters know what jobs are out there. They know youre out there. And, they devote a large amount of time to making sure those jobs are filled.You have other obligations in life that keep you from job seeking. You might work for your current employer until a new opportunity comes up. You could also be in school or taking care of your family. Using a recruiter saves you time on your job search.2. You can network on a larger scale.Think of your current job-search connections past employers, former college professors and administrators, friends, and family. Even if that group is large, it does not match the number that recruit ers can reach. Take advantage of a recruiters connections to get the most out of your job-seeking efforts.When you send a resume to an HR department, you rely on that document to be considered for the job. But if a recruiter thinks you are a good fit for their client, you have someone in your corner.Recruiters spend a lot of time making connections through databases, phone calls, and face-to-face networking. By using a recruiter during your job search, your network grows exponentially.3. Recruiters help you through the process.A good recruiter strives to provide the best candidates for their clients. Many will prepare you for the job placement process, from applying to accepting an offer. If you choose the right recruiter, most of your questions will be answered.You can also improve your resume, portfolio, and other applicant documents with the help of a recruiter. They can coach you on interviewing techniques, and, after you interview with the employer, the recruiter can give you f eedback.4. Recruiters want to place candidates.Cash is king when it comes to who is more driven to get you hired. For recruiters, your acceptance of a job offer means they get a paycheck, so closing more candidates is the name of the game. Therefore, recruiters are competitive about placing candidates that will satisfy clients. That drive can only help you in your job search.5. You have access to more job opportunities.Did you know that not all open positions are posted on job boards? Some companies only post available jobs on their websites. Others strictly rely on third-party sourcing agencies to find candidates. You could be missing out on opportunities by only relying on job-search websites.Recruiters can point you towards openings that are hard to find. They can give you access to jobs that are confidentially advertised or not yet posted on the internet. With more options to apply to, you have a better chance of receiving the job offer you want.6. You have specialized skills.Ce rtain occupations require a unique set of skills. Sometimes, there are fewer qualified candidates than the number of open positions. For example, some localities have a hard time filling software developers. If you fall into an industry that requires specialized skills, you might want to use a recruiter.Recruiters know their clients, which means they can identify what kind of candidate fits the clients needs best. They can also give you details about the business that you might not be able to learn from a job description. With a recruiter, you are more likely to cross paths with an employer in need of your unique skills.7. You stay in a database.Even if you arent hired for the first potential match, you stay in the recruiters database. Your resume isnt tossed if an offer doesnt pan out immediately. Instead, youre kept on the recruiters radar for future positions.Though you might think your information will get lost in a huge pool of candidates, thats not the case. Recruiters use app licant tracking systems that make sorting candidates easy. The software pulls specific information from your resume and matches it to relevant jobs. When the right opening comes along, its likely your resume will surface.Click on the following link for more job-search advice.You need a resume that will get you noticed. Request a free resume review today.Recommended Reading5 Tips for Effectively Working With a Recruiter3 Reasons Your Recruiter May Hate Your ResumeWhat to Impress with Your Resume? Heres What Not to Do

Stop stressing over asking dumb questions at work

Stop stressing over asking dumb questions at workStop stressing over asking dumb questions at workIts easy to feel insecure when you have a whole lot of trouble asking questions at work, but you dont have to. Heres what to do instead.Just be yourselfPatrick Allan, a Lifehacker staff writer, video host, film producer and more, gives specific, casual examples on the site about how were often far too concerned with what other people think we know, and how we try to bridge the gap by learning more, or lying about knowledge we actually dont have.After explaining the pitfalls of this approach, he writes that you should just be upfront about how unfamiliar you are with the topic and start asking away.You retain your genuineness because youre being honest, you dont look like a fool thats bogging down the conversation with your lack of knowledge, and lastly, you actually open yourself up to learning something, Allan writes. But fruchtwein importantly, people like you more when you ask questio ns. We love to feel knowledgeable on a subject, and what we love even more is to be the ones to share that knowledge. It makes us feel useful and heard.Give yourself something to work with firstThis can really help take the edge off.Katie Douthwaite Wolf, now a content strategist at Right Source Marketing, writes in The Muse about how you should start with what you know after doing some learning first.Assuming you do some prior research or clarify at least part the answer on your own, you should now have a vague idea of the specific information youre looking for. Maybe youre not sure how an entire website is coded, but you at least know that your company uses PHP - so use that to frame your question. Instead of asking a programmer Uh, whats all this gibberish? you can ask Im vaguely familiar with PHP, but could you explain the elements of the new site feature in laymans terms? she writes.Dont just ask blindlyThis is never, ever a good idea - especially at work.Margie Warrell, aut hor of Stop Playing Safe, told The Washington Post about why this is important.You wouldnt want to ask why your colleague was promoted over you at a kollektiv meeting. Also be aware of timing. The day after youre told your project is over budget and behind deadline probably isnt the time to ask about that pay raise, she told the site.