IMF says that austerity years for rich governments are over

The IMF has announced that rich governments are loosening their grips on the purse strings and preparing to increase spending in a move that signals the end of the austerity years.

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According to reports in its latest fiscal monitor, the most globally advanced economies saw their 2016 fiscal stance ease by as much as one-fifth of one per cent of their GDP. Initial indications are that this cautious increase was mirrored in the first quarter of 2017. It also looks set to continue as governments seek to convince electorates that better times lie ahead.

Lingering concerns

The IMF retains concerns over high levels of national indebtedness and the challenges presented by ongoing demographics that are seeing a rise in pensioners without a corresponding increase in tax-payers. Consequently, it urges governments to exercise caution when setting budgets and recommends concentrating investment in infrastructure and education.

Industry professionals

Professionals within the financial services sector will be particularly keen to ascertain the likely effects of this increased governmental spending for their clients. Regular tracking of the government’s plans is important, particularly in times of political uncertainty, as is remembering that a client’s ability to manage risks and build stronger businesses depends in no small part on the robust and rigorous back office systems of its advisers. Now may be a good time for prudent firms to examine the software that supports their services to see where improvements could be made.

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Strengthening back office systems

Financial advisers, mortgage advisers and product providers can undertake an in-house assessment of their back office systems; however, the manpower and know-how expenditure can be costly and sometimes prohibitive. There are a number of external companies, such as https://www.intelliflo.com/, that specialise in offering such services in a timely and cost-effective manner. Firms looking to strengthen their back office systems for financial advisers or other related professionals might benefit from exploring this as an option.

The future?

As recent events worldwide so neatly demonstrate, nothing in politics is ever certain. The current relaxation on spending may not persist for as long as predicted or be as wide-ranging; even so, proactive businesses within the financial services sector will want to ensure that they are set up to react as speedily as possible to every change.

Five reasons why we need software testing

When you have an effective IT platform, it stands to reason that the investment you place into new systems will increase efficiency, maximise customer experience, and expedite processes for your staff.

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However, no matter how much of an early adopter you may be, testing is an inescapable element of good practice. Here is the lowdown on why you need to undertake this invaluable element of IT compliance.

You need to ascertain whether your IT is functioning as planned

It makes little difference where you source your latest piece of software or its purpose. Without using a software testing service, you have no real way of establishing whether or not it is doing what you intended it to do.

Prior to accepting any new software update, it is imperative that you undertake testing, whether it’s penetration testing or a “dry run” prior to live launch to verify compliance.

You need to ensure that your new system can accommodate required volumes

In a testing environment, you may undertake a few trials to determine whether the system is operating effectively. However, this does not identify whether your new software can accommodate volume of use effectively.

The bottom line is that even if a new item of software operates perfectly through an initial trial, you cannot be certain that it will cope when a greater number of customers require functionality simultaneously.

Customers really can be irrational

Whatever absurd scenario you may imagine for your new software, the surprising truth is that your customers really are capable of reaching that level of irrationality. While you might imagine that your customers would never use your new system in ways to bring it down, you can never be certain. Testing lets you imagine every worst-case scenario and mitigate it just in case.

You need to cover all potential interfaces

Whether it’s laptops, apps, iPhones, Macs, or PCs, without https://www.bugfinders.com/true-crowdsourced-testing/ testing of some type, can you be sure that your new system or interface will function beautifully across all potential platforms?

Your organisation merits an ideal platform

Bugs, issues, and glitches will all undermine your business and deter your customers from repeat business. By undertaking comprehensive testing, you can pre-empt these potential issues, giving your business and systems the attention and care they deserve to operate brilliantly every time.

Resigning from Your Pharma Job in the Best Possible Way

There comes a time in everyone’s career when you feel the need to move on. Maybe the job has become stale, you need a new challenge or feel you are ready for promotion which is not available at your current workplace. It can be a daunting prospect especially if you have been in your current position for a while but new horizons bring new opportunities. Usually the first step is to find a new job with better prospects. Then you need to prepare your resignation.

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Finding the Right Words

Even if you dislike your job or some of the people you work with, you need to keep positive in your resignation letter, after all, you never know if you might bump into these people again. The letter should state why you are leaving – promotion or moving away from the area for example – and how much notice you are giving. Also thank the company for the opportunities it has provided and state how much you have enjoyed working there. There are templates online if you are stuck for words. It is polite to hand deliver the letter to your line manager rather than just send it by email.

If you have to give a long period of notice, say three months or more, you may feel inclined to resign before you have another job to go to. If there are plenty of jobs available, this is one option as you will not have to tell your new or prospective employer that they will have a long wait for you.

If you are owed holiday, then you can use this time to fully research and prepare for interviews while still being paid. A lot of the research can be done online or through agencies, especially if you are looking for roles in areas like clinical staffing as agencies and firms offer clinical staffing solutions for various companies.

Exit Interview

Many companies now carry out exit interviews which are usually carried out by your line manager or someone from human resources. These can be awkward as they are designed to find out why you are leaving. Again, it pays to be polite but you can be doing your colleagues a favour if you politely point out any areas for improvement through constructive feedback.

Even My Mom Can Create Pay Stubs

I had heard about a fake online check stub generator but I wasn’t sure how hard it would be to use. The reason I was even looking for one was because my parents needed a lot of work done on their house. Since they wanted to keep immaculate records of all the work done, they asked me to find them a program that would help them print check stubs for the contractors that they hire. Even though the contractors would have their own detailed bill listing everything that they did, my parents wanted to have their own detailed descriptions on the check stub that they give to the workers. Read more “Even My Mom Can Create Pay Stubs”

I Found out Spanish Food is Amazing

The first time I tried Spanish food in Singapore, it was because I was dared to try it. I have always been the type to just eat pizza, burgers and chicken wings, or something along those lines. I will try different things, but I really don’t care for most of them. However, when one of my friends who was in Singapore with me dared me to try a Spanish restaurant with him, I decided to go for it. He did tell me also that he would be ordering all of my food, knowing that there would be things like chicken wings and steak on the menu as well.

He wanted me to try something I never had before, and he also insisted that he knew that I would enjoy it just as much as I do the regular things I eat. For the appetizer, he ordered Strawberry Gazpacho and King Crab. Read more “I Found out Spanish Food is Amazing”