Big boom, bigger upheaval – that’s why the Betterplace donation platform is now looking for million-donor backers itself

  • betterplace.org is the largest German platform for collecting donations. Now Betterplace itself is seeking millions in funding
  • In the pandemic year of 2020, the donations processed through Betterplace increased by 82 percent.
  • Betterplace needs to invest in the platform at the same time. The donation market is in the midst of change. Donors are becoming more demanding, and competition is increasing.
  • Visit the Business section of Insider for more stories.

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

The donation platform betterplace.org stands for a success story of digitalization in Germany. Now, however, Betterplace itself has to hustle to keep up with the rapid changes.

Almost 130 million euros in donations have been collected through Betterplace so far. But now Betterplace itself needs millions for investment.

“We are looking for a support round in the low single-digit millions,” says betterplace.org CEO Björn Lampe in an interview with Business Insider.

Betterplace first made online fundraising in Germany hopeful and then big. The nonprofit company is number one in the digital donation market. But this market is in the midst of a whirlwind of major changes – and so is Betterplace.

Several forces are changing fundraising: donors’ growing demands for simplicity, security, transparency, and control. There’s the rapid transformation of digital payments, all money flows, and financial services. And there’s the Corona pandemic, which is accelerating upheaval – and at the same time creating a donation boom.

Corona is causing a boom in fundraising through Betterplace

There’s a groundswell of solidarity in the pandemic. Betterplace felt this twice last year. More than 11,000 projects were submitted to the platform. That was 47 percent more than in the previous year. And the donation volume for all projects on Betterplace even grew by 82 percent to 35 million euros.

Betterplace has to cope with the strong growth but also outgrow itself. At the same time. So Betterplace has to invest. To do so, the donation platform is now looking for donors itself.

“We need a new round of financing, although we prefer to talk about a round of supporters,” says Lampe. Betterplace prefers individual large donors, whether private individuals or institutions. Yet it would stand to reason that the pioneer of crowdfunding would turn to the crowd itself. But Lampe rules out crowdfunding – let alone via his own platform. “We don’t want to compete with the organizations and NGOs on our platform.”

Betterplace is a good 13 years old. It was founded by enthusiasts who were convinced that it was possible to get more people to donate and to open up access to donations for more groups. Make the world a better place.

“When we started, there was a lot of attention, but at first there were few donations and few campaigns,” Lampe recalls. That has changed. In May 2020, Betterplace was proud to report that it had brokered a total of more than 100 million euros in donations. After the record year of 2020, that figure has now risen to almost 130 million.

Much has changed since the start, including Betterplace itself, which is part of the nonprofit corporation gut.org . The latter tries to support organizations in fundraising and digitization. An important part of gut.org is the betterplace academy, which provides training and consulting for nonprofit organizations. Because, as Lampe puts it, “The third sector is still lagging far behind in digitization.”

Corona forces many fundraisers into overdue digitization

If you want to understand why that is, you should look at donors in Germany. “Half of all donations come from people older than 60,” Lampe tells us. “This is another reason why many organizations tend to target their communications at older donors. On channels where younger people are, many organizations are not represented at all.”

The pressure has been growing for a long time. Corona has ramped it up. “Traditional fundraising channels have broken away,” Lampe says, citing street collections or events as examples. For the first time, many organizations have been forced to do better online. “It’s not even an exaggeration to talk about forced digitization.”

Betterplace is also feeling the pressure.

“Betterplace can cover the current state of requirements well,” says Lampe. “But we also want and need to take the next step, and for that we need money for investments.”

So far, Betterplace has been financed by a mixture of fees, services, voluntary contributions and donations. The 2.5 percent that remains with Betterplace from each donation only covers the costs of the payment providers. Betterplace covers its own costs primarily through consulting and services for companies that want to handle their social responsibility through Betterplace – as well as from donations.

That was enough for many small steps over the years. But now it needs a big leap.

The goal, after all, is unchanged: Betterplace wants to help more people donate and that more organizations, groups or even individuals get access to donors for their projects. New target groups are important for Lampe. “We want to reach more people who have not donated before.”

The data situation on the donation market is manageable. In February, the German Donation Council had published figures from a survey for 2020. According to this, private donations have increased by around five percent to 5.4 billion euros.

However, truly reliable figures are only available from the evaluation of income tax returns after a delay of several years and with gaps. Studies do show a high willingness to donate. But Lampe still sees more of a stagnation overall.

More donations from fewer donors

There are two opposing developments behind this. On the one hand, there are more large donations from individual wealthy people. Also, “the proportion of companies that donate is rising. On the other hand, however, “the proportion of people who donate is falling. Even among younger people.

These new, younger donors also have new needs: “The focus will continue to be on the fact that money can be donated easily and securely via Betterplace, and that it reliably reaches the initiators. In addition, however, it is becoming more and more important to be able to prove how exactly a donation has an effect.

The problem, he says, is not just reaching younger people on their platforms and through their channels: “For nonprofit organizations, too, the requirements for user-friendliness and transparency are growing. E-commerce groups like Amazon or Lieferando are setting the benchmarks here, too.” Above all, transparency and communication about the use and impact of the money after a donation are becoming increasingly important: “Transparency means not only proving that a donation arrives, but also that and how it has an impact.”

Betterplace also wants to develop in this direction: “We want to offer comprehensible reporting. Donations are always about trust. We can also prove this via the community or institutions. Seals can also play a role in this.”

One thing is important to Lampe: If the generation of 18 to 30-year-olds donates less money, this does not mean that they are not committed. On the contrary. There is a high level of volunteerism in Germany – even among younger people. Behind many of the campaigns for which donations are solicited on Betterplace is the commitment of many young people.

Many rules for donations are no longer up to date

Betterplace also has to make greater efforts to reach its target groups because the competition is growing – for example, from FinTech companies. Large platforms such as Revolut would themselves make offers such as rounding up payment amounts to an organization chosen by the customer.

Can the state also help through smarter regulation? Lampe has ideas. “It would be good to harmonize the deductibility of donations and the issuing of donation receipts in the EU.” New rules for cross-border donations are important, he said. “People travel more, work abroad, have more international contacts. Regulation should also follow this reality of life.”

Other ideas, he said, include a purely digital handling of donation receipts, which are still sent as hard copies by mail. Lampe also calls for the rapid introduction of the planned non-profit register for more transparency.

Read the original article on Business Insider

BI ES Samsung presents its new screen innovations for 2021: Micro LED technology, new features focused on lifestyle or its first outdoor TV

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

Samsung has presented this Tuesday in a virtual event the new products it will bring to market during 2021. Among them is the incorporation of Micro LED technology to televisions, features focused on new lifestyles derived from COVID-19, or monitors for the gaming segment.

As explained by James Fishler, senior vice president of the Consumer Electronics Division of Samsung Electronics America, the health crisis has changed the way in which people related to television, since, by spending so much time at home, it became essential for new forms of entertainment, study or work.

The company, which is at the forefront of televisions worldwide for the fifteenth consecutive year, has decided to take this evolution and introduce new products adapted to the way users relate to technology today.

Among the new products, the brand has announced the arrival of Micro LED technology to home televisions, which will allow greater brightness, deeper blacks, and better image quality. According to the manufacturer, consumers will be able to take home “a cinematic experience with an elegant end-to-end screen design without the need for professional assembly and installation”.

Thus, the device will be available worldwide from March in 110 or 99 inches, but it will be necessary to wait until autumn for the 88 inches and even longer for the 76 inches (no date has yet been specified). Users will be able to view up to 4 content sources simultaneously.

This is Samsung’s new strategy to attract millennials

On the other hand, Samsung has presented its Neo QLED, which, through its Neo Quantum processor and the new Quantum Mini LEDs, achieves deeper blacks, brighter lights, and “a more intelligent scaling technology than any Samsung TV has ever offered”, which results in an ultra-realistic image.

This screen is focused on the gaming sector since it is capable of enabling 4K games at 120hz. In this regard, the company has announced its partnership with AMD to develop the first TV with Freesync Premium Pro support for PC and game console games.

In addition, the brand has highlighted another essential function of this screen: focused on fitness. Thus, it has advanced that its Samsung Health platform will incorporate in 2021 the option of having an intelligent trainer that can correct your posture through artificial intelligence.

This year the 8K Samsung Neo QLED models will be available in sizes of 65, 75, and 85 inches, while the 4K models will offer an even wider selection, starting at 50.

Samsung

An outdoor TV and a projector that brings cinema closer to home.

Samsung has also unveiled its first outdoor TV under the name The Terrace with which consumers can enjoy picture and audio quality without worry since it incorporates water and dust resistance. It will be available in 55 or 65 inches.

Within the Lifestyle TV category, the firm has announced new developments focused on creating specific TVs for each consumer.

Among them, it has pointed out that there will be new options for customizing the frame of the screens in 2021, from mounting through the Slim wall bracket, up to 5 frame options to combine it with the home decor. In addition, the footprint has been reduced to 24.9 millimeters thick, the same as an actual picture frame.

It has also added new stores to the art directory where you can choose original works to decorate the screen. However, the user can also choose to incorporate their own family images, for which the manufacturer has increased the storage capacity from 500 megabytes in 2020 to 6 gigabytes in 2021, which will allow up to 1,200 images in UHD.

Samsung recommends passing an antivirus to your TVs manually: how to do it

Samsung has also announced that it will release My Shelf, an accessory that will allow decorating the wall with personal touches to complement the screen, at the end of the year. It will be available in 55, 65, and 75-inch sizes in different colors such as beige, white, brown, and black.

Another of the novelties that 2021 will bring will be The Premiere, a triple laser projector with 4K resolution to set up your own home theater. The company has announced that, by the end of the year, it will offer roll-up screens optimized to accompany such a device.

A monitor, a digital whiteboard, and soundbars

The firm has also presented its advances in terms of monitors due to its boom with the confinement both at work and gaming or studies. Among them, it has unveiled Smart Monitor, compatible with Wi-Fi, Bluetooth, wireless DeX, and AirPlay 2, allowing consumers to work from anywhere without being connected to a computer.

It has also indicated that it is working on improving the experience of the Odyssey G9 monitor that launched in 2020 through a Quantum MiniLED screen and premium gaming features.

Continuing with this type of device, the brand has introduced Samsung FLIP, a 75-inch interactive display that works like a digital whiteboard where the user can write, draw and edit.

This allows connectivity for work and study, either in the classroom, office, or home with 4K quality and the ability to work up to 20 people simultaneously to share content in real-time through their devices.

Regarding the sound, Samsung has announced that the entire Q Series range includes Q-Symphony technology, which synchronizes the audio of the Samsung TV to deliver enhanced three-dimensional sound.

Specifically, Q950A features the industry’s first 11.1.4 channel sound that brings you right into the center of the action, according to the manufacturer.

Read the original article on Business Insider

BBVA reaffirms to shareholders its goal of buying back 10% of its shares and increasing the dividend payout to 40%

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

BBVA in its letter to shareholders has reaffirmed its objective to buy back 10% of the bank’s shares after the sale of its US subsidiary. In addition, the bank’s chairman Carlos Torres in this letter reaffirmed his commitment to an increase in the dividend to 350% by 2021 following the sale of its U.S. subsidiary. payout the dividend to 350% by 2021 following the limitations imposed by the ECB in 2020 due to the pandemic.

In the presentation of 2020 results, the bank already made the first nod to the bank’s shareholders who have seen how this year the dividend has been cut by the restrictions imposed by the regulator.

Negative interest rates, the end of the moratoriums, and the new wave of mergers mark the future of banks in 2021.

The sale of the U.S. subsidiary will generate excess capital of 8.5 billion euros once the transaction is closed, which is scheduled for early summer. In the letter to shareholders, the banker states that the main objective is to “advance our firm commitment to shareholder value creation,” according to Cinco Días.

Increasing shareholder remuneration.

“With respect to the 2021 financial year, we expect to resume our dividend policy of 350% pay-out,” Torres points out in a missive addressed to the more than 870,000 shareholders of the bank’s securities.

Despite the bank’s willingness to increase the dividend, the fact is that the European Central Bank (ECB) has the final word, which for the moment limits the percentage of the dividend to 15% of the profit. pay-out to 15% of the profit. In this regard, in the presentation of results the bank already announced that in 2020 the payment of the maximum dividend allowed by the regulator: 0.059 euros per share.

The sale of the United States, Torres explains, puts them in a position of strength “unrivaled in the sector” and provides us with a “broad strategic optionality”. The president of the entity describes the sale as a “historic” transaction at very attractive multiples because the U.S. subsidiary is valued at almost 20 times earnings in 2019.

Thus, the capital ratio stands at 14.6%. An indicator that is “well above our capital target of 11.5% to 12%, and positions us as one of the European banks with the largest gap between the capital ratio and the regulatory minimum.”

Read the original article on Business Insider

Polish Amazon has launched. What does it offer Polish customers on the first day of sales?

  • On Amazon.pl you can buy cosmetics, food products, well-known Amazon devices such as Amazon Echo or Kindle, and millions of other products.
  • The company emphasizes that the Polish version of the platform is also used by well-known Polish companies such as Zelmer or Gerlach.
  • Shopping can be done both via web browsers and the Amazon Shopping app.
  • Visit the Business section of Insider for more stories.

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

The Polish version of Amazon was launched Tuesday morning. The company informs that 100 million products from over 30 categories are available on Amazon.pl. They are exhibited by Polish and European companies.

Amazon offers Polish customers free delivery for “orders meeting certain conditions” – these are orders over 100 PLN – which are sold and shipped by Amazon.

Products on Amazon.pl are divided into 22 main categories, and among them, we can find: pet products, groceries, musical instruments, video games, software, CDs and vinyls, books, and toys. There are also categories such as automotive, industrial and scientific, and health and household.

The giant reports that Amazon.pl features products from well-known Polish companies such as Zelmer, Gerlach, Trefl, Bambino, and Krosno.

The Polish version of the store also offers Amazon devices, including new international versions of Amazon Echo and Echo Dot or Kindle Paperwhite. The international version of Echo is available from 349.99 PLN and Echo Dot from 199.99 PLN. The price of the Kindle Paperwhite starts at £649.99.

Purchase on Amazon.co.uk. Payment methods, descriptions

Shopping can be done both via web browsers and in the Amazon Shopping application. In the application, you need to select the Polish language version.

As for the available payment methods, these are Visa and Mastercard, you can also pay via Przelewy24 and BLIK.

The entire Amazon.pl website is in Polish, prices are given in Polish currency, also descriptions are in Polish, although the translation of descriptions of some products can be funny.

“We are excited about the launch of Amazon.pl and the opportunity to offer Polish customers a choice of over 100 million goods, including tens of thousands of products from Polish companies,” says Alex Ootes, vice president of EU development, Amazon, quoted in the release. “Today we are launching our sales on Amazon.co.uk. We will continue to work hard to earn the trust of Polish customers by increasing product selection, providing low prices, and delivering a positive and trustworthy shopping experience,” – he declares.

What does Amazon offer Polish sellers?

Amazon says that Polish businesses that would like to sell through the platform are offered listing tools that support all eight of Amazon’s European sites and 24/7 online support for sales partners, as well as reports and analytics tools.

As Alex Ootes points out, Polish retail partners can simply list their products for sale once on all of our seven European sites.

Read the original article on Business Insider

Realme reveals what’s new in photography for the 8 series: 108 megapixels and modes for almost every situation

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

Realme has unveiled on Tuesday the new features that will incorporate its new 8 series in terms of photography and has hinted at some images of the Realme 8 Pro, its next flagship. The brand has explained that these implementations are part of a camera-oriented series that will see the light “very soon”.

The company has pointed out that its commitment as a trendsetting brand in technology is to provide better features to users, including those related to cameras.

Among the photographic features revealed is a 108-megapixel main sensor that, according to the manufacturer, results in sharper photos than a telephoto lens. This sensor incorporates an integrated zoom that uses 12 megapixels mapped to generate a higher quality image.

Realme has also presented some of the modes that can be enjoyed in these terminals. One of them is especially focused on star photography, with image optimization processes to achieve a clearer and more defined landscape.

In addition, the company has explained that this series will incorporate for the first time a time-lapse dedicated to this type of photography for a smartphone. This tool will make it possible to make videos of the stars in motion with the same quality.

Thus, the manufacturer has explained that the new series will feature a unique algorithm that will take 4 minutes to take 15 photos to combine them into a starry image or a time-lapse of 30 frames per second.

Realme’s CEO in Europe confesses his favorite cell phone

Another of the modes that the series will incorporate is focused on the diorama effect. This optical illusion, usually achieved through a digital editing process, modifies the size of a life-size scene to make it look like a miniature. Thus, as explained by the brand, its aim is for users to explore the different angles, positions, and shapes that can be achieved with the bokeh effect.

Just like the previous mode, the new Realme series will incorporate a specific time-lapse for this effect. The company has also stated that it is the first to be incorporated for a cell phone.

Finally, the manufacturer has focused on the effects associated with portrait mode. In this case, the company has presented 3 different ones: 2 of them (Neon Portrait and Dynamic Bokeh Portrait) blur the background and lights with different shapes and the last one (AI Color Portrait) allows to put the background in black and white while the figure keeps its colors.

A small hint of what the Realme 8 pro will look like.

During the presentation of the photographic features, the brand has shown the Realme 8 Pro, which will be part of this series.

The terminal, in bright blue colors that seem to change as the light hits it, incorporates the inscription ‘Dare to leap’ on the back with the same chromatic range. In this situation, in the upper left corner, the rear camera module is also placed in black and is square-shaped.

This is just a small preview of the terminal that Realme has announced it will launch in “very soon”. We will have to wait to see what more features the smartphone includes, how much it will cost and when it will arrive.

Read the original article on Business Insider

Goldman Sachs returns to cryptocurrency trading – and boosts bitcoin to $49,000

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

U.S. bank Goldman Sachs announced Wednesday that it is reopening its cryptocurrency trading desk and will begin trading bitcoin futures and forwards starting next week.

As advanced by Reuters, that desk will be part of the entity’s Global Media division and will be encompassed within the digital assets sector, which includes other projects related to blockchain technology and central bank digital currencies.

This is the second time Goldman Sachs creates a desk of this type: it tried in 2017, coinciding with the other big moment of interest in these assets. The intention was to launch it in June 2018, but the entity stalled the process.

Maduro has announced the creation of a digital bolivar, although it could face the same fate as the Petro: insufficient infrastructure with problems to process payments

This resumption of operations coincides with the growing interest of private and institutional investors in the asset, which has appreciated by more than 470% so far this year and has reached $58,000.

The U.S. bank’s decision has caused the asset to rise by around 2% to $49,000, thus overcoming the falls recorded in recent days, when it fell as low as $44,000.

Markets Insider

The cryptocurrency fell sharply last week and closed Friday with its worst drop since March as falling global bond markets pushed yields higher and in turn triggered a sell-off in riskier assets.

It also emerged on Wednesday that MicroStrategy, a business analytics platform, had invested a further €12.5 million in the asset.

The bets of these 2 companies on the cryptocurrency join the considerations of the financial Citigroup, which considers that bitcoin is at an “inflection point” from which it could become the usual currency in international trade and a common asset in investment portfolios.

Advances in regulation: startups mobilize after the alert from the CNMV and the Bank of Spain so as not to miss the cryptocurrency bandwagon

In recent months, several companies have bet on cryptocurrencies, such as Paypal, which announced in October that it was going to allow its customers to operate with cryptocurrencies, as BBVA and Mastercard did later.

Analysts consulted by Business Insider Spain for previous reports point to this as the main reason for the rise, although this is joined by others such as the halving of May and the low profitability of other assets.

Read the original article on Business Insider

The burgeoning digital art market: a collector earns 5.5 million for a 10-second video he initially bought for 55,800 euros

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

In October 2020, Pablo Rodriguez-Fraile, an art collector based in Miami (USA), decided to bid on a purely digital artwork, which consisted of a 10-second video showing a giant crushed Donald Trump that he could have watched totally free online. The amount for which he bought the work was €55,800; last week, its sale reached €5.5 million.

The authorship of the 10-second clip is by digital artist Beeple, whose real name is Mike Winkelmann. His work was authenticated with blockchain technology, which makes it possible to certify who owns it and who the original work refers to, so forging a piece becomes an almost impossible task.

Beyond the value that the artwork itself may have, Rodriguez-Fraile has been able to sell it above its original cost thanks to what is known as non-fungible tokens -NFT, for its acronym in English-, a type of digital asset somewhat different from cryptocurrencies.

During the pandemic, its use has spread in the digital art market among enthusiasts and investors, who spend huge sums of money on purely digital items.

“You can go to the Louvre and take a picture of the Mona Lisa and you can have it there, but it has no value because it doesn’t have the provenance or the history of the work,” he explained to Reuters. “The reality here is that this is very, very valuable because of who is behind it,” referring to Beeple, whose work he knew well.

With that, the market for NFTs has grown and is growing almost unchecked, with clear examples of digital artwork, sports cards and even virtual land and unique uses of a cryptocurrency wallet name. A struggle to get to increase its value and that faces some inconvenience for that very fact.

A purely digital market in growth

Although this market is quite unknown, some NFT operators have shown the very positive data they offer. OpenSea, a marketplace for NFT, told Reuters that its turnover grew from €6.6 million in January to more than €71 million in February; a year ago, its monthly sales were less than €1.25 million.

“If you spend 8 or 10 hours a day on the computer, in the digital realm, then art in this environment makes a lot of sense because it’s the world,” OpenSea co-founder Alex Atallah told Reuters.

Even with such optimistic results being presented, as in any market, the danger of creating a price bubble looms over NFTs. Another example of this rampant speculation is the US National Basketball Association’s Top Shot website, which allows its users to buy and trade NFTs in the form of video highlights of games.

Five months after its launch, this marketplace has more than 100,000 buyers and is nearing €210 million in sales; in January, they reached €36 million in sales, while in February they quintupled, reaching €165 million.

In addition to the growing price bubble, there is a loss of enthusiasm in the market, which could lead to a risk of significant losses for operators. In addition, the great danger of this market is the appearance of fraudsters, as many of the players use pseudonyms.

Traditional auction houses jumping on the NFT bandwagon

Despite the potential drawbacks already described, Christie’s auction house, founded in 1766, already accepts payments with the digital currency Ether, apart from traditional money.

Christie’s has thus made available to collectors the first purely digital sale, a collage of 5,000 images by the same artist, Beeple, which exists solely as NFT. Bids came in at €2.5 million, although the auction will close on March 11, so this value is likely to increase.

“We are in very uncharted territory. In the first 10 minutes of bidding, we had over 100 bids from 21 bidders and we were over €800,000,” detailed to Reuters Noah Davis, Christie’s postwar and contemporary art specialist.

The fact that this price was exceeded for a purely digital artwork is already a historic event that has never happened before.

How much money you would have made having invested in €1,000 in etherum a year ago.

“This moment was inevitable and any time institutions of any kind try to resist the inevitability, it doesn’t work very well,” Davis added about the acceptance of cryptocurrency payment. “The best thing you can do is embrace the scary.”

Although the scary, at times, is too scary. Along these lines, Andrew Steinwold, who launched an NFT investment fund valued at €5 million, has warned about the danger that these tokens could become worthless in the future.

Despite them, the investor believes that NFTs are the future of digital property and that their value will exceed billions of euros. All in all, we will have to wait to see how the market evolves and monitor that this overgrown bubble does not burst.

Read the original article on Business Insider

From LinkedIn hashtags to résumé keywords, these are the best ways to tailor your application for remote work

Remote worker
Just one in 10 companies expects all their staff to return to the office after the pandemic.

  • When looking for remote jobs, it’s important to tailor your résumé and cover letter accordingly.
  • Highlighting any previous remote work or related soft skills such as Zoom could go a long way.
  • Optimizing your LinkedIn profile and using the relevant hashtags will catch recruiters’ attention.
  • Visit the Business section of Insider for more stories.

Remote work might have been hard to come by in the past but times have changed. Although it’s not easy to find a job in today’s market, remote work is increasingly common.

Only one in 10 companies expect all their staff to return to the office after the pandemic and major companies including Google and Salesforce are planning to accommodate remote work in the long term.

There are many similarities between the remote work application process and the standard in-person work application, but there are new factors to take into account.

Here are some specific tips on how to update your résumé, cover letter, and LinkedIn profile to make yourself the perfect candidate for remote work.

Resume
You could make a note of any specific remote work-related skills you might have.

Résumé

Online volunteering, video meetings with clients in other timezones, and working collaboratively online through Google Docs or the Cloud are all part of the remote work experience, said Jennifer Parrish in Remote.Co.

Clearly outlining this in your resume could make all the difference. You could mention it in parentheses after the job title – for example “marketing director (remote).”

Otherwise, you could mention it in the job description by saying something along the lines of: “I remotely managed a team of five employees and increased sales by 20% in the first quarter.”

If you have a lot of experience in working remotely, you may want to create a specific “Remote work” section to highlight this on your résumé. Whatever you choose, don’t assume that your hiring manager knows you worked remotely simply from your job title.

Indeed suggested that you could also make a note of any specific remote work-related skills you might have. You might choose to name specific programs such as Slack, Asana, Trello, Dropbox, and Google Hangouts, or you can be more general and cite video conferencing, email management, cloud storage technology, and office suites.

cover letter
Try highlighting your remote work skills and what you could do for the company.

Cover letter

One important thing is to remember that the company doesn’t want to know why remote working suits you, but rather why you working remotely will be beneficial to them.

Therefore, lines like: “I want to work with you because I can pick up my children from school,” should definitely be avoided.

Instead, try highlighting your remote work skills and what you could do for the company. For example, soft skills such as responsibility, flexibility, time management, and adaptability are even more essential in a remote post – so talk about how you’ve demonstrated them in your previous roles.

A good example or anecdote like this one could go a very long way. “The first couple of weeks of remote working in my previous role were tough. My employees felt demotivated and so I called an impromptu group call. We wrote down all our frustrations on post-it notes and then tore them to shreds, and it helped people realize they weren’t alone.”

linkedin
When a recruiter scans LinkedIn, they’re going to be looking for people working in their specific sector.

LinkedIn

If you scan your LinkedIn network, you’ll find lots of people with headlines like “looking for remote work opportunities.” That’s a wasted opportunity to catch a recruiter’s attention.

When a recruiter scans LinkedIn, they’re going to be looking for people working in their specific sector. So to choose the best possible professional headline, you’ll need to do some research.

Search for the profiles of people who have the jobs you want and note down the keywords they’ve used in their profiles or job descriptions. Adding those to your profile and using hashtags in posts outlining what you’re looking for could mean you pop up in the recruiter’s next search.

In your “About” section, be sure to keep it concise and relevant. The first three lines are what recruiters will be scanning so make sure you grab their attention enough that they’ll want to click the “See more” button.

If you lack remote experience, all is not lost

If you’ve never worked remotely before, don’t be discouraged. You’re still likely to have many of the relevant skills needed for remote work positions, like using Zoom, Dropbox, Google Drive, and Slack.

You can also enhance your résumé with online collaborations. There are always people looking for volunteers for projects or writers for blogs.

Volunteering your time will mean you have remote experience to add to your résumé and recommendations to add to your cover letter and LinkedIn profile. You might even collaborate with someone who’s able to recommend you for a job posting down the line.

Networking is key and so even if you don’t end up gaining much from a project, it’s sure to benefit you in some small way – even if you’re not sure what that is yet.

Read the original article on Business Insider

Rising remote work is upping job inequality in European capitals and ‘scarring’ some sectors, says OECD report

Paris
The expansion of remote working has led to labor inequalities in major European capitals.

  • An report by the OECD and Indeed warned that remote working may aggravate labor inequality. 
  • Analyzing job postings for major European capitals, experts said the service sector may be scarred.
  • The percentage of remote job postings is increasing but the job market has still not recovered.
  • Visit the Business section of Insider for more stories.

Remote working options have allowed many companies to keep going during the COVID-19 pandemic, with some companies even thriving as a result. However, this hasn’t been possible in all sectors with retail, hospitality, and healthcare among the most affected.

The expansion of remote working has led to labor inequalities in major European capitals including London, Paris, Madrid, and Berlin. Unemployment in the UK hit its highest level in five years last month and job offers have been harder to come by in all the cities and their countries. Meanwhile, remote jobs have thrived.

Sundar Pichai
Google plans to try and accommodate remote working indefinitely.

This is one of the major findings published in a report on remote working in European capitals, co-authored by OECD economist Lukas Kleine-Rueschkamp and the Indeed job portal’s chief research economist for the MENA area Pawel Adrjan.

Using data from the Indeed portal, they said: “Labour markets in these cities are being pulled apart in early 2021, with postings for higher-paid jobs performing better than those for lower-paid service jobs.”

Remote working as a factor of inequality

“The move to remote work is greater and more persistent in these cities than in other places and may be long-lasting,” the report said.

A survey conducted in January by the National Association for Business Economics (NABE) found that just one in 10 companies expected their employees to return to the office after the pandemic.

Major companies have recently extended their remote working policies, with Google planning to try and accommodate remote working indefinitely.

“Cities such as London have already experienced population declines,” Kleine-Rueschkamp and Adrjan added. They said that although it was unlikely that living in a major European capital would not have its perks after the pandemic, “the trends COVID-19 has initiated might weaken their appeal.”

Remote working does appear to be much more prevalent in major cities than in the rest of the country. Remote work increased 7.3% higher in Berlin than in the rest of Germany, and 5.4% more in Madrid than the rest of Spain.

london street
The report warned of the consequences of further decline in European capitals.

Paris and London had smaller disparities but they were still notable. Remote working growth was 4% higher in Paris than in the whole of France, and 2.4% higher in London than the rest of the UK.

Remote job offers previously constituted 5% of the overall workforce in Madrid in 2020 but stood at 15.7% a year later. In the rest of Spain, the rate has increased from 4% to 10.4%.

The report attributes this phenomenon to the fact that “postings in occupations suitable for working at home, like tech, finance, law, and marketing, are most prevalent in big cities.” In comparison, the service sector is heavily affected by remote working and could be “scarred for a long time,” especially in London and Paris.

Fewer jobs available than before the pandemic

The OECD report revealed that job markets in European capitals had been seriously hit by the pandemic. London was the worst affected, with 41% fewer vacancies at the end of January 2021 compared to February 2020.

Paris and Madrid both had around 25% fewer vacancies than before the pandemic, while Berlin had 8% fewer. Paris was the only instance where the capital was worse affected than the rest of the country.

The report warned of the consequences of further decline in European capitals, as their economic growth tended to outstrip the rest of the country. In the years prior to the pandemic, “GDP per capita jumped more than 12% in these cities, almost 3 percentage points faster than national growth.”

At the height of the pandemic-related job market contractions, however, capitals were affected more than the rest of the country.

Job openings in London were 57% lower than before the pandemic, 48% lower in Madrid, 42% lower in Paris, and 26% lower in Berlin. The report noted that “for much of 2020, job openings in these cities were between five and 15 percentage points lower” than the rest of the country.

The report said large cities would “a difficult adjustment period for some urban workers,” adding that “the pandemic’s labor market effects may be temporary for some sectors, but, for others, they may last.”

Policymakers should support displaced workers and those at risk of redundancy by offering comprehensive skills development strategies tailored to local conditions,” the researchers concluded.

Read the original article on Business Insider

This is how Taffix works, the nasal spray that invisibly protects you against the coronavirus for hours.

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here.

No one wants to catch the coronavirus. Everyone tries to avoid it because of the danger of this virus that has caused millions of deaths worldwide. Now, Nasus Pharma has created a very effective nasal spray that makes it more difficult to catch.

Beyond masks, hydroalcoholic gels, restrictions, or safety distances, the coronavirus is still lurking, but now there is a spray that is applied in the nose that reduces the probability of contagion by up to 78% protection against the coronavirus.

With its menthol scent, Taffix is very easy to apply to the nostrils. As Dalia Meggido, co-founder and director of the company Nasus Pharma, explains to The World. It is not a substitute for face masks, but an additional layer of protection,she explains.

“It is a unique thin gel with particles small enough to cover the nasal membrane, but not small enough to enter the lungs,” as detailed by Meggido.

Characteristics, price and where to buy FFP3 masks, the ‘safe’ ones according to Fernando Simón.

The company claims that it lasts approximately 4 to 5 hours. In addition, it has no side effects and does not cause a stuffy nose.

It is already on sale both in pharmacies and on Amazon, although the latter at somewhat high prices and always through external sellers.

It is very interesting, since this way you will have invisible additional protection that is very easy to renew for 4 or 5 hours, which is quite a long time in terms of exposure.

Read the original article on Business Insider