Fastest Way To Get Job in UK

Hello guys we wanted to share you this video about actions you need to take in finding a job in London. Try and devote some time to get your job hunt in order. Keep in mind, keeping job searching organized, focused, as well as on the fast track will help you find a job in London faster than if you do not have a plan on hand.

Selecting Different Pension Options

Everyone keeps wondering how to get the most out of their pension. When thinking about the income option, you ought to think out of the box. The reason is simple. Most of the retiring individuals when considering their income options, they have to choose from the either/or options. And sometimes they have to do away with the survivor’s benefit option. It is quite complicated to understand all ramifications, but you do not need a phd to determine what the best plan is for your personal situation.

With your pension, you always want to choose the right options. If you have a spouse it becomes necessary for you to go for the option of survivor’s benefit. This option is quite important because it enables the continuation of the income to the spouse even after you are gone. In most instances, this option is planned in a way that this income lasts for longer than two lives.

The next question that would come to your mind would be that it is necessary to bring down your retirement income. You may never be aware that this choice has an associated opportunity cost.

When you select the option to break your pension income in a joint and survivor option, the monthly income gets reduced by hundreds of dollars than that given by the single life option. This is because the total payout in a joint life pension is for more number of years. Hence, in this option the monthly income go down by a huge margin.

Choosing the joint life option reduces your retirement income. In case you go with this option and pass away early then your spouse will be looking forward to a future with reduced income. And if there is a gap of a year or a two between both of your death, then this choice gives you very little benefit. Additionally, it is not possible in most cases to reverse the payout option.

Selecting a survivor’s benefit is like taking an insurance decision. When selecting this option, you are literally making a cash benefit arrangement for your spouse. Same function is given by a life insurance policy, and it would be a good option to get one.

Outside the box options are mostly overlooked. The choice is up to, whether you want to insure the future income of your spouse or you want to insure own life.

Looking at the perspective from another view – if your spouse lives longer than you, what is the best option for you to select. You can ask yourself the question whether after your death you want to give your spouse the benefit of retirement income that is taxable or a huge cash benefit which is not taxable.

Prior to retiring, you can buy a complete life insurance policy for an amount that will allow your spouse or your children to receive similar monthly income. The complete life policy can also grow the value of cash over a long time.

Another question that would come to your mind would be that the need to insure your life rather than giving a respective income level to your spouse. The reason is that the choice is reasonable at many levels. You can enhance the income during your retirement by opting out the joint life payout option. In the case of prior demise of your spouse, this would prove to be a wise decision. So do not gamble with your pension, prepare for it even at a young age.

London’s Booming Economy

london-olympicsOver the past five years, London’s economy has grown at a fast pace outdoing the rest of the UK. In addition, London has seen a significant growth culturally. Why is this happening? First, we have to understand that London weathered the economic downturn without its economy sinking down too low. After the economic downturn, London had a head start in building up its economy. There are four main reason for this: There was more business activity, better job growth, higher incomes for London residents, and the 2012 summer Olympics boosted the economy. In addition, London has seen a boost in cultural activities in the arts, theatre, and music sectors.

After the economic downturn, business in London started to increase. More banks were willing to lend money to new businesses to help jump start the economy or even to more risky financial ventures, like hedge funds, forex trading or gold dealing. New small businesses started to sprout up all over London. This in turn turned into more jobs being created and London started to experience higher job growth.

Job growth in London continued to rise. Both large businesses and newer small business were beginning to hire more people. As more people were added to the job market, Incomes rose, and more spending money was put back into the economy, and London’s economy started to experience phenomenal growth.

The 2012 summer Olympics held in London also helped to boost the economy. The money that was spent by the visiting tourists helped to boost London’s economy. There were approximately 600,000 people who visited the Olympics, and each visitor spent an average of 1,300 British pounds. In addition, jobs were created during the building of the Olympic park and other venues. As a whole, the 2012 London summer Olympics helped to boost London’s economy.

In addition to London’s booming economy, the cultural scene was also creating a boom in London. As London’s job market was starting to take off, and people were earning higher incomes, more money was being spent on cultural activities.

As far as the arts are concerned in London, more art exhibitions emerged in the last few years. Exhibits such as Pangaea at the Saatchi Gallery and Bailey’s Stardust attracted thousands of people. Both famous artists and promising artists were displaying their works in art exhibits all across London. As more art exhibits sprouted up, more Londeners were purchasing works of art such as paintings, photography and sculptures.

The theatre in London has seen a boom in the last few years. This also helped to boost London’s cultural economy. According to the BBC, tourists who attended the theatre in the UK spent 2.8 billion British pounds. London was the most popular area with over 2.2 million people watching a show. Musicals drew the biggest crowds with over 65% attendance. Plays attracted 25% of the attendees, the ballet attracted 3%, as opera attracted 1% of attendees.

In London’s music scene, there was more attendance at music festivals in the past several years. This also helped to boost the economy. Just this year alone, thousands of people will be attending music festivals in London. Some of the more famous upcoming festivals are Live at Leeds, Riverside Festival, Strummercamp and Off the Tracks Spring Festival. Thousands of tickets will be sold and this will also help to boost the cultural scene in London.

As it stands, London is a booming city, both economically and culturally. Due to London’s excellent job market, active business activity, higher incomes, the 2012 summer Olympics and the increase in cultural activity, London’s economy has far outpaced all other European cities.

Working in the UK

uk-employmentSince the mid- nineties, the UK economy and labor market have experienced a very important development compared to many other European countries.

The people and their country

UK unemployment rate is around 5%. Conditions are particularly favorable in the service industry, the health sector like health supplement promo codes, fitness industry, banks and insurance companies as well as the branch of information technology and telecommunications. If English is not your first language, you will find good opportunities in call centers. However, a thorough knowledge of English is required in all industry sectors.

In the UK, employees usually go for a drink with colleagues after work. It is not like to pays for your own glass as everybody offers tours to turn. Social life and teamwork are very important in the UK.  It’s the same good manners – whose rule is that foreigners refrain from telling jokes about the British. They have a sense of humor, of course, but they prefer that their compatriots tease them. Colleagues and superiors are called by their first name and social relations are polite but informal .

The cost of living is higher in the UK , especially in London, as in many other European countries.

EU citizens

Nationals of EU Member States are authorized to exercise any professional activity in the UK without suffering discrimination in relation to UK residents. No visa, no residence permit or work is necessary ( except on the Channel Islands and the Isle of Man) . EU citizens do not need to register with the police.

People who spend more than 6 months in the UK can apply for a residence permit in order to be able to prove their place of residence. However, this is not mandatory.

Nationals of countries outside the EU entering the UK in order to live or work there need an entry visa. They must also have a work permit and a residence permit. Nationals of some countries (USA, Commonwealth ) does not need an entry visa but a work permit and a residence permit.

Nationals of non-EU countries which are more than 6 months in the UK need a residence permit. If they are able to support themselves without recourse to state funds, welfare for example, they are entitled to a residence permit for six months. Nationals of certain countries must also register with the local police.

Tourists are not allowed to accept a job in the United Kingdom. If a job seeker obtains a work permit, he also receives a limited residence permit. The expiry of the residence permit follows the work permit. The latter has a maximum duration of 4 years. After this period, the worker usually receives a permanent residence permit (permanent establishment).

To receive this license, you must be able to justify a permanent residence in the United Kingdom during the 4 years (up to nine months per year).

The employer must apply for a residence permit for non-EU nationals. The work permit is valid only for a very specific job. If the contract of employment changes in any manner whatsoever, the work permit expires automatically. Work permits are issued by the Overseas Labour Service (OLS ), the Agency for employment of foreigners, a sub- section of the Department for Education and Skills. Although industry representatives consider that the OLS is good for the economy, the law requires it to comply with a policy of protectionism. If an EU citizen can occupy a position offered to a non-EU national, OLS will not issue a work permit to the latter.

Initially, this regulation was intended to prevent cheap labor from entering Europe. Today however, these laws prevent access to skilled European labor markets workers. However as the UK is suffering, like many other EU Member States, a severe shortage of computer scientists, OLS regularly issues permits for work in this sector. Anyway , it can take up to six months between the submission of the application for a work permit and obtaining it.

All work permits expire after a maximum of 4 years. After this period, you will get a permanent residence permit which also serves a work permit .

Labor legislation in the United Kingdom

Any professional activity is subject to social insurance and you must register with the local department of social security, which will deliver a social insurance number. You must give this number to your employer, who will be responsible for all subsequent procedures.

People whose income is less than ₤ 75 per week are exempt from social insurance contributions. All other employees are required to pay 10 % of their salary if it does not exceed ₤ 585. In the UK , the self-employed must also contribute to social insurance.

The UK has a system of national health care . Most medical treatments are free for residents of the United Kingdom as well as tourists . You must register as a patient to the local health center and with a GP. You must specify the doctor that you are insured with the system national health care and you are not covered by private insurance because many doctors also offer private services. Drugs, dentures and glasses are charged. The UK Department of Health provides regularly updated information on the amount.

In the UK , all employees pay taxes. However, there are agreements with most European countries to avoid double taxation. Your income is taxed in three standard tax rate of 10%, 22% and 40 %, depending on your income (less income exempt from taxation).

In all major cities, job centres and public employment centers, the national employment service is there to help you find a job. In addition, many private recruitment agencies and consultants offer personal service job search and human resources.

Another fairly simple way to find a job in the UK is to peel the newspaper classifieds and recruitment sites. National newspapers such as The Guardian, The Independent, The Daily Telegraph, The Times and The Financial Times publishes many lists of job opportunities, particularly for specialized positions or functions of management. You can also find deals on management roles in The Economist.

Most applications do not contain a cover letter and a resume. It must be written in a simple style and start with the most recent data ( reverse chronological order). You can send certificates and diplomas, but they should be translated into English. Also, your school and university results should be translated and converted in the British system. Most CV also indicate the name of reference persons. Make sure these people are available and they can talk about you in glowing terms. Usually applications are not accompanied by a photograph. Most companies require you to complete an application form before inviting you for an interview .