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Myths and Truths About Coaching

Coaching

By Professor M.S. Rao, Ph.D

Introduction

“Getting rid of a delusion makes us wiser than getting hold of a truth.” ―Karl Ludwig Borne

During my leadership training programs, I have come across with audiences with several myths towards coaching. Several people think that coaching is synonymous with counseling, mentoring, and training. They think that coaching involves huge costs; coaches are unprofessional; they provide everything on a platter; they are superhumans and ensure complete success, and women cannot make as good coaches as men. If you also have such myths, it is time to bust them to have a correct understanding of coaching. Here are the top coaching myths to bust and equip you with clarity. 

Myth 1. Coaching and training are the same.

Truth: Coaching is to provide advice, guidance, suggestions, and recommendation while training is the process of providing information, developing skills, and abilities to execute the tasks effectively. Training is often conducted in groups while coaching is often a one-to-one exercise tailored to the needs of the learners. The objective of the training is to follow a set of patterns and practices to impart skills, abilities, methods, theories, tactics, and strategies while the objective of coaching is to conduct a series of meetings mostly one-on-one exercise to inspire and facilitate goals and objectives. Most of the time coaching is an extension of training, not the other way around. Coaching is often considered supplementary to training activities. If training builds infrastructure coaching builds superstructure. 

Myth 2. Coaching is synonymous with mentoring.

Truth: People often use coaching and mentoring interchangeably as both appear to be the same because of both offer services in professional and philanthropic activities. But they are different. Coaching involves listening which is more instructional, or technical in nature. It involves questioning while mentoring involves sharing experiences, skills, and abilities to others. For coaching to work, the coachee has to accept the credentials and authority of the coach; for mentoring to work, the mentee has to genuinely relate to the mentor. Coaching is “functional” and mentoring is “relational.” Coaching is a short-term task-based activity while mentoring is a long-term relationship-based exercise. Coaching is a structured and scheduled one with a fixed duration while mentoring is an informal one with a series of meetings as and when the mentee needs advice, support, or guidance. Coaching is narrowly focused while mentoring is broadly focused.

Myth 3. Coaching and counseling are synonymous.

Truth: Coaching and counseling are different as coaching addresses the workplace challenges to remove the bottlenecks to enhance the performance of the employees.  It gives greater results to superiors, subordinates, and the entire staff in organizations. In contrast, counseling is a supportive process by a supervisor to help employees define and work through personal problems that affect job performance. In a nutshell, counseling often addresses the personal problems of the people.  Coaching focuses on prospects while counseling on past problems for redressal. Those who have personal problems seek counseling and those who have professional problems undergo coaching. 

Myth 4. Coaching involves huge costs.

Truth: The fact is just the opposite. The amount you invest in coaching is meager and the returns you get out of it are immense. Nowadays, companies invest in the learning and development of employees as employees crave for continuous learning to grow professionally. There are employees I have come across in my professional life who work in companies for a lesser salary because the companies spend a huge amount regularly on their training and development. Hence, companies invest in the training of employees as it is good for both employers and employees.0 It results in employers delivering better products and services to their clients, and the employees contributing their best for organizational effectiveness. 

Myth 5. Coaching is needed for poor and weak performers only.

Truth: Coaching is needed for both weak and good performers. Coaching is a continuous process of learning and growing with a broad mindset. My friend, Marshall Goldsmith reveals in his book, What Got You Here Won’t Get You that leaders have to learn continuously because what worked for them to reach a particular position may not help them reach their next higher position. The tools and techniques that worked to reach their present position might not work as currently the times and technologies are changing rapidly.

Myth 6. Coaches are critics.

Truth: The fact is that critics attack individuals but coaches address the behavior of the individuals to bring out behavioral changes and enhance performance among the coachees through their “sandwich” feedback. Sandwich feedback is a polished way of giving feedback to others. It starts by praising strengths, then suggesting improvements, and concluding with praise. Precisely, it is putting the tough news between the two tender positive pieces of feedback. Hence, coaches are not critics. They are feedback givers and are highly focused on improving others’ performance. Criticism is different from feedback as criticism is individual-centric while feedback is behavior-centric. Coaches intend to bring out behavioral changes among the coachees to perform better.   

Myth 7. Coaches provide you everything on a platter.

Truth: Coaches are professionals who encourage, motivate, and help the coachees to align their goals effectively to accomplish them. Coaches don’t have any magic wand to ensure your success. They can only take horse up to the pond, but cannot force it to drink. Similarly, coaches put in their best efforts and energies to make sure that you reach your cherished goals. Coaches play a crucial and constructive role in achieving your goals provided you are willing to cooperate and learn from them. 

Myth 8. Coaches give you fish regularly.

Truth: The fact is quite opposite to coaches teaching you how to catch fish and enjoy a regular meal. They teach you the art of catching fish to enable you to become a competent and independent individual thus creating more competent and independent individuals. Hence, the objective of coaching is to make people independent and enable them to grow as successful professionals and leaders.

Myth 9. Coaches are unprofessional.

Truth: Coaches are not unprofessional. They are passionate people with good experience and who want to make a difference in the lives of others. Eddie Robinson rightly remarked, “Coaching is a profession of love. You can’t coach people unless you love them.” True coaches are highly dedicated and committed and they mean business. They enjoy associating with people and sharing their knowledge, experiences, skills, and abilities. It is their passion that makes them good coaches. The world is full of intelligent and smart people, and they know how to differentiate between coaches and quacks.

Myth 10. Coaching gives limited returns.

Truth: The opposite is just right. Research shows that the returns on investments in coaching exceed the investments. Fortune Magazine reveals the finding as follows: “Asked for a conservative estimate of the monetary payoff from the coaching they got, these managers described an average return of more than $100,000, or about six times what the coaching had cost their companies.” Also, coaching enhances employee engagement, job satisfaction, and delivers better services and products to clients and customers, and finally, enhances employee loyalty by minimizing attrition.

Myth 11. Coaches know everything.

Truth: The truth is that coaches are experts in coaching, not in other areas. They may not have domain experience and expertise of the coachees but they know the art of questioning, finding out the needs, and enhancing the performance of the coachees. With their knowledge and experience, coaches apply time-tested tools and techniques to bring out the best of their coachees. 

Myth 12. Coaching is an employee incentive.

Truth: It may sound so. But coaching goes beyond employee incentives. It is employee engagement, employee development, and employee retention tool. It can develop employees as successful professionals and leaders. Hence, limiting coaching as an employee incentive is not an appropriate statement.

Myth 13. Coaching is telling.

Truth: If coaching is telling, whosoever tells becomes a coach. In contrast, coaching is a process of handholding, questioning, listening, guiding, and sharing knowledge, and expertise to coachees. Hence, coaching is not merely telling.  It is something far beyond with tons of passion with professional ethics and etiquette to make a difference in the lives of learners.  

Myth 14. Women cannot make as good coaches.

Truth: There is no connection between coaching and gender. Anybody can excel as a good coach. I have a colleague, Patricia Wheeler, Managing Partner, The Levin Group LLC, and Publisher of Leading News who proved herself and excelled as a renowned global executive coach. She provides consultancy and coaching services to prestigious international organizations successfully. Women have a lot of patience to listen and understand others and they are good at soft skills. They can multitask, and understand several aspects better than men. Hence, women can excel as great coaches like men.

Conclusion

Apart from these myths, there are several other myths such as coaches ensure your complete success; and coaches are superhumans to name a few. To conclude, debunking coaching myths with truths pave the way for right understanding towards coaching, and developing right attitude towards coaches thus enabling to acquire skills, abilities, and knowledge to become a successful professional and leader.  To put it in the words of Ara Parseghian, a famous sports coach, “A good coach will make his players see what they can become rather than what they are.”

About the Author

Professor M.S. Rao, Ph.D

Professor M.S. Rao, Ph.D. International Leadership Guru is the Father of “Soft Leadership” and the Founder of MSR Leadership Consultants, India. He is an International Leadership Guru with forty years of experience and the author of fifty books including the award-winning See the Light in You’ URL: https://www.amazon.com/See-Light-You-Spiritual-Mindfulness/dp/1949003132. He is a C-Suite advisor and global keynote speaker. He brings a strategic eye and long-range vision given his multifaceted professional experience including military, teaching, training, research, consultancy, and philosophy. He is passionate about serving and making a difference in the lives of others. He is a regular contributor to Entrepreneur Magazine. He trains a new generation of leaders through leadership education and publications. 

Ukraine to Convene Crimea Platform Summit: Why Zelensky’s “Day of Triumph” Spells his Doom

Ukraine flag

Tomorrow begins the Crimea Platform international summit, which will be convened by Ukraine in the capital Kiev. It took more than a year for President Zelensky’s political technologists to formulate nebulous goals to be achieved through the new international consultative format on the de-occupation of the Crimean Peninsula.

One of these goals, of course, is Zelensky’s desire to gain the support of anyone from the European Union or the United States, especially on the eve of his meeting with Biden. As is reported, Zelensky’s western neighbors support his ambitions to resolve the Crimean issue, advance reforms, and fight corruption.

Additionally, while the Ukrainian Ministry of Foreign Affairs does not plan to disclose the list of partner countries it invited, it is already clear that, in the absence of a clearly formulated agenda, the event is unlikely to result in any strategic or significant agreements. Moreover, if you take into account Zelensky’s still less than stable position in international politics, the prospects for a solution to the “Crimean question” do not seem very optimistic.

A slew of international scandals are accompanying Zelensky to the Crimean Summit, and perhaps now the joke is on the former comedian.

Did Zelensky Deceive Voters?

More than two years have passed since Volodymyr Zelensky was elected president of Ukraine. However, in that time, he has managed to deliver only 25% of his long list of campaign promises (CEU data as of May 2021), which included a wide array of assurances, such as delivering an independent supply of gas to Ukraine and ending the war in Donbass.

Furthermore, of the promises that have been delivered, most are mainly lesser issues that do not have a significant impact on the lives of Ukrainians.

In regards to the main election promises, the president has failed both to end the war in southeast Ukraine and prosecute corrupt government officials. He was also unable to reduce the cost of housing and public utilities; on the contrary, prices have skyrocketed, and, consequently, the amount of people who have payments in arrears is growing. It must also be noted that the president has not increased industrial production or solved the especially sensitive language issue.

Today, it is fair to say that Zelensky was less than honest with the 73% of Ukrainians who, expecting real change, voted for him in the presidential election. As is to be expected, the president’s popularity has more than halved according to the latest polls.

In light of all of Ukraine’s unresolved domestic problems, it is obvious that Zelensky has not shown the necessary strength or fortitude in the international arena over the last two years. On the contrary, international partners have avoided high-level meetings with him. This fact will be on full display, at the Crimean Summit, when a few heads of neighboring countries arrive instead of the several dozen world leaders that were announced to be among the visiting delegations.

Normandy Format—Without Ukraine

It is important to recall how in March of this year, the leaders of the Normandy Format meeting held it online without Zelensky. The discussion of the Donbass case and the fate of Ukraine without its representatives is a vivid demonstration of the attitude of international leaders towards Zelensky. Such a “hostile” step by France and Germany indicates an inadequacy of the Ukrainian president on the international stage. Putin, Macron and Merkel do not consider Zelensky a significant player and know that, in principle, his lack of participation does not affect the situation in Ukraine itself. There are ups and downs in international relations. US leader Biden and German Chancellor Merkel completely bypassed Zelensky and signed the agreement with Putin on the Nord Stream 2 Pipeline. The Ukrainian president was “told to shut his mouth and not criticize the agreement.” Resultingly, the Ukrainian side, represented by Kuleba, did not “start consultations with the European Union”, and all subsequent steps will be useless because Zelensky has come to be regarded as a “toxic” partner with whom it is nearly impossible to conduct negotiations.

 “Cold Peace” with the United States

In a comment to French journalists, Zelensky recently admitted that “the United States has lost interest in Ukraine.” Given that even in the most difficult moments for Ukraine, Biden, who was not yet the president of the United States, treated the Ukrainian issue with great care and respect, the current situation for Zelensky is embarrassing.

Biden, by delaying a bilateral meeting with Zelensky, did him no favors. It is notable that the US leader has already held dozens of meetings with the leaders of other states and, not long ago, within the very walls of the White House, received Belarusian opponent Sviatlana Tsikhanouskaya, who was not even present in the capacity of an official state actor. On the other hand, Zelensky, a head of state, is still on the waiting list to meet the American leader.

The story of Biden and Zelensky’s phone conversation reflected on him just as badly. The White House Office of the Press Secretary and the Office of the President of Ukraine issued various statements on the content of the talks between the leaders of the two countries. Initially, the Ukrainian statement stated that the American leader supported the Membership Action Plan (MAP) for Ukraine to enter NATO.  Biden, However, knew nothing about this, because such a statement was never said. As Zelensky’s Crimean Summit is expected to be of little interest to the United States, America is only sending transportation minister Pete Buttigieg.

Europe’s Incisive President

Secondly, European as well as Russian officials say that Zelensky’s policy discriminates against national minorities in Ukraine. Hungary strongly opposed the new language law, claiming discrimination against Ukraine’s Hungarian population.

What did Zelensky do in response? He signed a law “on comprehensive general secondary education” which deprives minorities of the right to learn in their native language. Given this, it makes sense that Hungary will continue to block Ukraine’s accession to NATO until Zelensky deigns to listen to the opinions of his partners.

Germany went one step further and, during a visit from Zelensky, canceled his meeting with the Minister of Defense without giving any explanation. Do they not think Zelensky warrants an explanation for the cancellation?

As has clearly been seen over the past two years in Ukraine, there has been no real attempt to strengthen state values, make a real effort to fight corruption, or institute a well-thought-out energy or economic policy, because Zelensky’s struggles somehow always result in the detriment of the state and never seem to affect his corrupt circle, led by Ermak.

Ermak himself, who really performs the functions of Zelensky, does not arouse any sympathy from either Europe or the United States. Just recently, he received a refusal from the Americans for a request to speak over the phone with National Security Advisor of the United States Jake Sullivan. After the failure of the special operation against the Wagnerians, Ermak has permanently lost his place at the negotiating table.

Now, on the eve of the Crimea Platform summit and his meeting with Biden, Zelensky will try with all his might to stifle the wave of criticism directed at him so that his international partners don’t start having to remind him that he is barely president as it is.

Only the facts will speak for themselves.

Is It An Actual Thing That Bitcoin Trading Is Termed As Worthy Trading As Compared To Other Alternatives?

Bitcoin Trading

If you are an individual of the 21st century, you would indeed have tried your hands in different types of trading. If yes, you would undoubtedly have tried to utilize so much of your efforts and get a limited amount of gains at the end. Then it is the best time to adapt the bitcoin trading, which is one of the top-rated trading available at present. Bitcoin trading is much easier and has the potential to offer better gains that are much higher than your expectations. For getting more better idea about bitcoin trading at how bitcoin works and risks to not take while trading, you are suggested to go through the properties mentioned in the below lines.

Desirable gains

  • The key motive of every individual who is willing to step into any type of trading is to make the highest possible gain from it. But not every trading offers a good return as per people’s desire as it is only possible through bitcoin trading. Yes, it is absolutely a true thing that bitcoin trading offers a very quality experience with an easy way of making a very handsome revenue.
  • The only efforts traders have to utilize is to be attentive and take every move thoroughly. But one just needs to stick one thing in mind that bitcoin trading can only offer a good gain if the trader is fully attentive and considering using the top-rated technique for sustaining in the trade. Nothing is easy to achieve quickly in this era, as even for bitcoin trading, one has to utilize his efforts.

Easy to participate

  • Are you aware that bitcoin trading is one of the most accessible involved types of trading available on the internet? Even if one wants to step into the stock market trading, he has to go through a long duration course to get familiar with all the concepts of that trading. Still, the people in this era do not have time to attain something productive without investing a long time to understand it.
  • The persons who are interested in stepping into bitcoin trading are not required to spend considerable time understanding the bitcoin concept. They are only required to utilize some of their efforts in understanding the basic idea of this crypto. Once they step into bitcoin trading, they will be able to learn something new with every trade in which they will get involved.

Trading without any limits

  • It is the most impressive part about bitcoin trading that makes it worthy and the best choice for all types of traders. The traders who had experienced other types of trading rather than bitcoin trading claimed that they were able to participate in trade for a specific number of hours. This is because the official authorities regulate other forms of trading, and they have unique regulations that are applied to all the traders.
  • It really disappointed the traders as they were not having any idea about it in advance. Everyone who is looking for trading in which they can get involved anytime as per their suitability is advised to get involved in the bitcoin trading. It is because bitcoin trading platforms offer a consistent service to their potential users for a limited number of hours. It basically depends upon the individual when is willing to trade, which is really a great thing.

Revenues as per limit of trade

  • The best thing about bitcoin trading is that the returns are based on how much you are willing to invest. It is like if the trader desires to make a very high amount of revenues, he should trade for the higher value. Do not expect to attain a perfect amount of income if you are willing to trade for a limited amount of money.
  • Bitcoin trading is unique of its kind because of this approach. But in terms of another trading, this is not followed as any amount you will trade you will attain a fixed amount of revenues at the end. So, whenever you are assured about your bitcoin trading skills, only then make a move of trading for higher value; otherwise, you will regret it a lot. It is because on is required with some exceptional potential to sustain in bitcoin trading for long.

How Can One Easily Land On An Advanced Bitcoin Trading Platform Without Any Hassle?

Bitcoin Trading

Some of the people have reported that they are highly impressed by bitcoin trading, But the only thing that is not letting them get into is their mindset. They think it would not be possible for them to choose the bitcoin trading platform independently. They are wrong at this point, as even new bitcoin traders are able to make this decision on their own. It only becomes possible when they include some of the factors that guide them to choose the right trading platform. Even you should follow these factors which are explained in the below mentioned lines.

Get clarity about the trading cost.

No one wants any unnecessary charges for availing any kind of service, even if it comes to bitcoin trading at how-to-trade-bitcoin-profitably-utilizing-a-bitcoin-wallet. But you have noticed that there are different types of bitcoin trading platforms available on the internet. All of these platforms have unique kinds of services and offer different trading experiences on the basis of which they charge from the users.

The individuals are advised to get clarity about the price and then decide to choose a highly advanced bitcoin trading platform offering quality service at a nominal fee. No matter which many trades you will get involved in such a platform, you will surely save a good amount of money. Even there will be no burden in your pocket for paying any kind of unnecessary charges. So, utilize some time to compare the costs, and you will have an efficient trade.

Quick accessibility

If you desire to get involved in bitcoin trading, you would definitely not like to get any assistance from an expert. This can only be possible if you consider using the best class bitcoin trading platform that offers a relevant user interface to its users. People are not aware of this factor, which is why they make the mistake of choosing a platform with a very complex interface.

It really becomes impossible for them to access such a trading platform because they are not able to make any move without the guidance of experts. It is better for everyone to get clarity about the interface of the platform in advance. The more easy user interface the bitcoin trading platform will offer, the better experience will be attained as a trader will be able to focus on his trade without any kind of distraction.

Trade limit

Getting involved in bitcoin trading at a platform that has a specific limit on trades is the most disappointing decision. This is because if one chooses such a trading platform, he cannot trade beyond the specified limit. This kind of mistake of choosing such a platform is often made by individuals who are entirely new to bitcoin trading. Their only aim is to selecting the trading platform ad get involved in the trading to produce the highest possible revenues from it.

You can avoid making this mistake and choose the highly advanced bitcoin trading platform that offers a limitless number of trades to the users. Yes, there are a couple of trading platforms available on the internet that offers unlimited access to their potential users. The simple thing is that platform with unlimited traders provides an endless number of trading opportunities to its potential users.

Reputation

This is another very assistive factor that has helped many traders choose the right bitcoin trading platform. Every bitcoin trading platform has goodwill that has been earned by it based on trading experience and the quality of service offered by it. The goodwill varies from one platform to another. If the platform has the real potential of providing the best class service, then it is accessed by a massive range of users worldwide.

On the other side, the platform that does not have enough potential will have a minimal audience. You can get a clear idea about this by the traffic of users and can make an easy decision whether to stay on this platform for trading or just look for another one. People claimed that this factor is very assistive as they can make a quick decision by considering it without even facing a little doubt.

Thus, you would have got an idea that one can easily make a wise decision of choosing a trading platform by considering the points mentioned above.

New Research Unveils the Astonishing Estimated Cost of Fraud in the UK

fraud

As a nation, the UK suffers immensely from fraudsters tricking us out of hard-earned cash. These criminals are constantly revisiting their tactics and abusing technology is the most successful way for these culprits to achieve their fraudulent activity. Even the most tech-savvy person can fall victim to these scams.

Even when the public think they have got a grasp on current, popular scams, another one has already surfaced. Dark web monitoring is one of the tactics businesses are now adopting to keep customers safe, alongside other methods of cyber safety. However, despite the best efforts of brands, the government and the police, it seems that the public are still falling victim to these plots and a significant amount of money is being lost each year and landing in the pockets of these swindlers.

How Much is Being Lost To Fraud in 2021?

While the exact cost of fraud this year currently can’t be determined, it can be estimated. A recent study revealed how much this estimate is, more information about the research can be seen here. In 2021, it is estimated that fraud will cost £48,265,75 each day, which totals 317,616,998,75 across the full 12 months.

To put that into perspective, should that cash have stayed in the hands of the rightful owners, over 900 round the world flight tickets could have been purchased in a single day. This cost is also equivalent to the cost of 10,725 PS5s a day.

Over a week, a staggering 39,748,26 family packs of toilet roll could have been purchased, which would have been handy during the toilet paper shortage in March 2020. If that hasn’t shocked you yet, the cost of 640,618,136 cups of coffee is unlikely to be stolen from our pockets by the end of the year.

What Is Being Done to Prevent Fraud?

Businesses have begun to realise the importance of protecting their customers. Despite companies rarely being legally responsible for the public falling for a scam by a fraudster, a sense of duty to look after them is prevalent.

However, the most ubiquitous reason for using resources to prevent scammers is to protect the integrity of the brand as a whole. Should a business carry a reputation for being a target to fraudsters, increasing numbers of the public will possess reluctance to buy from the brand, even the legitimate website, for fear of losing their money.

In turn, this causes brands to diminish in sales and have a scorned reputation, through no fault of their own. That’s why prevention is key.

Typosquatting is one of the most common forms of online fraud. Fraudulent domains appear on the internet, created to mimic a genuine site and mislead the user into believing it is a trusted URL. Users will then unknowingly part with personal information, including credit card and bank details to these scammers, who have been known to steal entire life savings.

Visitors commonly find themselves on these sites by entering the genuine URL incorrectly, hence the term ‘typosquatting’. Using a dark web monitoring service allows these legitimate websites to quickly track anyone registering a similar domain to them and have this pulled down before damage is done.

Larger organisations make use of a manual dark web monitoring solution, where an individual is dedicated to this task. Smaller businesses can choose a cheaper option for monitoring the dark web by investing in an automated service.

Who Is Responsible for Protecting the Public?

The government announced The Online Safety Bill back in May to address the issues of online fraud and to keep the public safe and informed. However, many believe that this isn’t enough. This bill mainly looks at in-app purchases and the fraud that can accompany them, alongside abusive behaviour, comments and accounts.

While these elements are certainly crucial to a modern world, it does very little to protect the public against the most common forms of online fraud, typosquatting, or smishing. While not many may be familiar with the term smishing, almost all of us have experienced this.

Text messages are sent to mobile phones posing to be someone else. Commonly, this is to copy banks to gain access to bank accounts. A prime example is a frequent text that appears to be from Royal Mail.

These texts almost always contain a link to a domain that has been created to mimic the real domain. From this, personal details can be stolen or malware downloaded onto the device.

While both the government and the police are fully aware of these scams, little is being done about them. When reporting online fraud to the police, few cases are investigated. That’s why consumers are having to turn to other organisations and charities to remain safe or try to reclaim their stolen cash.

Working as an Outside Contractor: How to Get in-House Benefits From Long-Term Clients

freelancer

Freelancing offers a host of benefits compared to being contractually employed with a business. You can pick and choose your own work, set your own office hours and generally have much more control over your working life. However, this flexibility brings some downsides. Chief among these is that you are not contractually entitled to the perks and benefits that some employers offer to incentivize employees.

These benefits packages often include health insurance, dental benefits, paid time off and retirement plan contributions. This can make being an outside contractor somewhat more stressful in many ways, as you suffer from less security in general. Thankfully, if you have long-term clients who value your work and would like to maintain your services in the future, you may be in a position to negotiate for certain in-house benefits. Here are some ways that you can do this.

The Current Situation

As a general rule, freelancers are not eligible to receive the same benefits of employment that a typical employee would get. This is a primary reason why many companies look to outsource certain jobs to independent contractors. Typically, businesses will offer work with a fixed deadline out for tender, which freelancers can then complete without the employer needing to deal with the hassle of employment contracts.

However, when you have been freelancing for some time, you are likely in a slightly different position to someone who has agreed to do some outsourced, short-term work. In this situation, the company you work for will undoubtedly be aware of your talents and willing to make sacrifices to keep hold of your services. This gives you a great deal of leverage when it comes to negotiating the specifics of your freelance work, including a benefits package.

The Hunt For Talent

With more people than ever before opting to take their skills to the open market and trying their hand at freelance work, there is ever-increasing competition among businesses for talented workers. This has led many employers to get creative when enticing people to work for their company. As mentioned before, freelancers have historically been left out of these conversations, but the landscape may be changing as organizations seek to bring in the best freelancers possible.

Freelance workers often have highly specific skillsets and detailed knowledge of their industry. This is one of the biggest reasons that companies seek their services. However, the lack of consistent income and access to benefits like health insurance has left many independent contractors asking for more from their employers than ever.

The best of the best now expect specific allowances from their long-term clients. They understand that their talents are in demand, and companies have realized they need to offer more to retain their services as talented workers move towards freelancing.

Private Health Insurance

One of the most sought-after perks for independent contractors is private health insurance from their employers. The NHS provides an excellent service for millions of people. While this is adequate for treating some issues, cuts to services and the strain of Covid-19 on the NHS mean that waiting lists are long, with many waiting more than 18 weeks for routine treatment. Medical conditions can be debilitating and impact your ability to work, which can be disastrous for freelancers. Since it’s unlikely that you receive sick pay, it is in your best interest to get conditions seen as quickly as possible so you can get back to work.  This is where private medical insurance could be beneficial, as you can be treated much sooner, helping you reduce the amount of time you take unpaid leave from work.

Group Life Insurance Policy

Another perk you might consider asking your long-term clients for is a life insurance policy. As mentioned above, one of the main downsides to freelance employment is the lack of security it provides. Many companies offer life insurance policies as part of their benefits schemes. Such policies provide support for your loved ones should you pass away while performing your job. Payouts are often scaled depending on your pay to support your family in the worst-case scenario.

If they are not in a position to help but you work through your own limited company you may be able to take advantage of the tax savings with a lesser known plan called a relevant life insurance policy. It’s a company owned policy which can be offset as a business expense and should a claim arise any benefit payment would be paid out to your loved ones tax free. Freelancers can save as much as 50% on their life insurance premiums by opting for relevant life cover over a personal policy

Mental Health Support

There is a growing trend for businesses to offer mental health support services to their full-time employees. In general, the conversation around mental health and working has become a lot more mainstream recently, and for many people, this can be a driving factor for taking up freelance work. However, many people suffered from work-related stress and burnout during the coronavirus pandemic, which has led many to expect more support from their employers. As an independent contractor, it is worth checking whether your long-term clients provide mental health support to their employees. This could take the form of an in-house counsellor or even mindfulness sessions.

There are many other perks that freelancers might typically look for from their long-term clients, so consider what is worth the most to you before negotiating with clients. Having a robust idea of your needs and expectations will help you make a more compelling argument when asking about employment benefits.

How to Get These Perks

The process for getting these benefits from your clients is not particularly straightforward, as you do not operate under an employment contract as a freelancer. However, suppose you are confident in your skillset and are aware of your long-term clients’ reliance on your services. In that case, you will be in a strong negotiating position when discussing potential benefits.

Next is to simply start a conversation with your client. Do some research on the benefits they offer to their full-time employees and consider whether you are looking for anything in the same vein. You must have a clear idea of what you will ask for before meeting with your client, and doing some research on what means the most to you and what they can provide will help you with this.

You do not need to make this a hard sell when negotiating, as it is probably for the best that you don’t jeopardize your long-term business relationships. However, it is essential to remember that much of the balance of power lies in your favor. You are providing a valuable service, and, as a freelancer, you do have the opportunity to walk away. The current shortage of talent in the full-time employment market means that many companies will be willing to make concessions to keep hold of the services of skilled freelancers.

Conclusion

In summary, it is becoming increasingly common for independent contractors to expect more than just money from their long-term clients. Currently, the number of freelancers is at an all-time high, and many businesses are scrambling to secure highly skilled and experienced workers. This has given freelance workers a great deal of power to request more from their clients.

The lack of security involved in freelance work is one of the primary drawbacks of the practice. Now, companies are beginning to make concessions to include contractors in their in-house benefits schemes. Therefore, it is worth researching what benefits you need and starting a conversation with your long-term clients to determine whether getting employment perks is feasible for you as an independent contractor.

Statistics of Players in Casinos in the World

Casino

There are many myths about casinos and their popularity among gamblers. It is time to know the truth. And in this post, we will share the most interesting information about what’s happening in the online gambling market.

The largest share of online casino visitors is occupied by people aged 21 to 45 years. There are more than half of them. In most countries of the world, minors are trying to protect themselves from gambling, so their share is small. As for the players over 45, there are also a lot of them as well (about 30%).

The average age of an active player is approximately 30 years. As a rule, these people are already making good money, which allows them to spend part of their income on entertainment. They actively use computers and mobile devices. For example, Oceanians prefer to play a $5 minimum deposit casino in Australia. If you want to know about the most reliable casinos, then we recommend the MinDepCasinos casino revision site with minimal deposits.

As for the division between men and women, the situation is approximately equal. According to statistics, there are slightly more men taking part in gambling. According to some data, their number reaches up to 57%. But this is already contrary to the generally accepted opinion that gambling is the destiny of exclusive males.

Education and Income Level

When it comes to the education and income level of gamblers, three primary groups can be distinguished:

  • Representatives of the middle class — People with higher education, work, and stable income. For them, gambling is one of the possible forms of leisure. And also a way to test your own strategies;
  • Low-income people — Their incomes are low and unstable, and there is no education. For them, playing in an online casino, in their opinion, is the only chance to get out of their plight;
  • High-level-income people — They often play for high stakes and enjoy various VIP privileges. For them, gambling is not only leisure but also a way to tickle their nerves, to feel the taste of life.

Casino gambling

Gambling Experience

Players of all skill levels love online casino games. Often, those who play social games go to casinos to wager real money, especially if their interest is fueled by bonuses and other special offers. The tastes of both beginners and experienced players can be completely different. Seasoned players are more familiar with RTP and the level of volatility of games and may not necessarily be as impressed with popular motives as newbies. By the same token, more experienced people will expect more from sports betting.

Popular Gambling Games in Different Regions

Users of online casinos and sportsbooks have the same tastes as their offline counterparts. Player preferences and engagement rates vary by region. European players love slots, board games such as blackjack, roulette, and baccarat, and betting on horse racing and sports such as football. The same goes for Australia and Canada.

Soccer betting is popular almost everywhere; other sports differ from market to market. In African countries like KY, NG, and others, soccer betting is concentrated mainly on European leagues, but in Latin America, bets are often made on local national leagues as well. 

One Australian study found that men are more likely to prefer strategic forms of gambling, such as board games like poker, blackjack, or sports betting, while women are more likely to choose chance games like slots. But such statistics will not be observed in other regions. Asian players enjoy playing Sic Bo, Dragon Tiger, Mahjong, and some other regional games. Indian players love the same games as Europeans, and some more specific to their region: Indian Rummy, Indian Flush, and Andar Bahar.

Mobile Applications & Mobile Casinos

In Europe, the share of mobile users is gradually increasing every year. By 2022, mobile devices will outpace desktop alternatives in popularity. A 2020 UKGC report found that in the UK, 50% of all online casino users place bets using their phones. Among the players aged 25-34, this figure is 72%, and among those who are from 18 to 24, it reaches 76% already.

The popularity of betting in Africa has spiked largely due to the development of mobile technologies. According to Geopoll’s research, in Kenya, 88% of sports bets were placed on a mobile device, with 55% of those bets being made at least once a week. As in many other industries, the future of gambling is online, and the future of the iGaming sector is in mobile devices. As a result, developers create games for mobile devices, and this often becomes a priority.

Conclusion

Considering all the above data, we can only say that there will be more young people in casinos over time. At the same time, there will be more females than males among the old players. Age and gender do not affect luck in any way because these are the individual characteristics of each individual person.

Buying a Used Car? Check Out This Guide First!

Do you need a new car? Or are you looking to upgrade your current car and want to save some money? If you’re considering buying a used car, the first thing you should do is check the car history using vin and get a thorough report to prevent purchasing a vehicle with a bad history or condition. Read more about used cars in the below guide here is everything you need to know about the process of buyihttps://www.vehiclereport.meng a used vehicle.

Consider the Car’s Age

A car’s age is one of the most important factors you’ll want to consider when buying a used vehicle. The older your used car, the more you should expect it to need maintenance and repairs. If you can afford expensive repairs or will feel uncomfortable driving an old automobile that might break down at any time, you’ll likely want to look into purchasing a newer car.

However, you may be looking to buy an older vehicle for your teen driver to save money on insurance rates and purchase a more affordable automobile. In this case, you’ll want to make sure you work with your mechanic ahead of time so they can help you find out if the used car is worth the purchase.

Check for Rust and Corrosion

Rust and corrosion are a couple of things you’ll want to look out for when you’re buying a used vehicle. The more rust you see in the car, the less likely you should buy it. Corrosion can also indicate some damage done to your automobile while driving around or sitting outside overnight.

If you’re buying the car, you should negotiate a lower price if you demand repairs are made.

However, you may want to avoid purchasing any used vehicle that has overly rusting or corrosion on it. You could end up paying more in costly repairs than you would have paid for another car upfront.

Inspect the Engine, Transmission, Brakes, Suspension, and Tires

When you’re buying a used vehicle, you’ll want to check the age of your engine, transmission, brakes, and tires. The more you can negotiate to have these items repaired before you purchase the car will save you money in repairs down the line. However, you will find some dealerships selling used cars in almost new condition. This means you will get a quality second-hand car. If trying to find such cars, visit this car dealer and you might end up driving off with something almost new, but at a cheaper price. You may also be able to use these negotiations as leverage when it comes time for negotiating price if you’re purchasing the car.

Inspecting your vehicle’s suspension will also be one of your most important tasks when you’re buying a used car. You’ll want to make sure that you are comfortable with any repairs required for this before you agree to purchase any pre-owned automobile since these can sometimes come at an expensive cost and have high repair rates.

If you are looking for Chevelle suspension kits then check out the guide published by Roadcartel.com with a guide on the different brands and performance levels

Finally, you’ll want to check your brakes and tires for wear before you buy the used car as well. You may be able to negotiate a lower price if you demand that the seller repair these two items on their own dime first.

Look at the Safety Features

If you’re looking for a used car with safety features, you’ll want to make sure you look at the age of your airbags and seatbelts. Airbag systems can degrade over time, so you must check the vehicle’s dashboard or owner manual to see when they were last replaced. If you have any questions about this, you may want to consult your mechanic or car dealer before you purchase the used vehicle.

You should also make sure that you inspect the anti-lock brakes and seat belts to see if they are in good condition. If you cannot negotiate repairs for these items, you’ll be better off looking at another pre-owned vehicle.

Test Drive the Car

Car test drive

The last thing you’ll want to do before you purchase a used vehicle is to take it for a test drive. You should always make sure the car handles well and doesn’t have any strange noises coming from it when you press on the gas pedal or brake at different speeds.

You can also inspect your headlights, taillights, turn signals, and windshield wipers to make sure you’re buying a car that is in good condition.

Check with Your Insurance Company

Finally, you’ll want to check with your insurance company before purchasing a used car or look up the cost of specific coverage for pre-owned vehicles. If you’re not sure whether you need an additional policy on top of what your current insurer offers, you can always call them and get their opinion to see if it is worth getting more coverage. You can look for car finance assistance to find the best deals.

You can also check with your insurance company to see if you’ll qualify for a discount on used cars if you need to purchase one from a dealer.

It’s important to do your research before buying a used car, and our guide can help you get started. You’ll want to think about the age of the vehicle, how well it has been cared for, safety features like airbags and seatbelts, as well as rust or corrosion issues that may affect its value. Once you find a few candidates in your price range with low mileage, take them out for a test drive so you can see if they handle smoothly on different types of roads without any strange noises coming from under the hood. If you decide on a car and want to buy it, keep a cool head, ask questions of interest, try to establish a dialogue with the seller or dodge dealers in WV. Finding an affordable but reliable used car should be easier than ever with these tips at your fingertips (and more available online)!

Debt-Escape Plan

debt

If you have multiple bills to pay, repaying debts with high interest and fees will reduce the amount of money you owe in the long run. You can also refinance certain debt obligations to lower the interest rate on your total debt. However, you may need to refinance to push down other debts, such as credit card or personal loans, further, making accrued interest even worse.

Check the terms of your loan and what the lender will charge you to repay your debt. Marcus Goldman, Goldman Sachs Pay Your Credit Card Balance Off: You can repay your credit card balance monthly installments which can help your debt repayment process streamline.

If your credit rating allows it, try to get a bigger, lower-interest loan if it is your consumer debt that lags behind the credit. If that fails, another approach to transferring debt from high-interest credit card debt to low-interest debt is using a credit card.

A little bit of a different terrace will be required of you to follow if you’re specifically targeting an IRS debt settlement, of course.

Your balance transfer credit card or consolidation loan may be able to combine several debts at a lower interest rate. Your lender may also offer a long-term program, such as a workaround plan that allows you to repay debt at a reduced interest rate over a specific period of time (e.g. Such offers can allow you to repay the debt quickly by moving high-interest debt to a credit card account with an annual rate of 0% and a repayment period of six to 18 months), depending on the offer.

A credit counselling organization will use your deposit to settle your unsecured debts – credit card bills, student loans and medical bills – according to a payment plan they have developed for you and your creditors. Credit card settlement programs will help you alleviate your financial debt and stress and make a brighter financial future.

Unsecured debt, like most credit card debts, requires creditors to file a lawsuit against you to obtain a judgment before they can take drastic settlement actions. If you are unable to pay secured debt, lenders can take steps to collect the pledged property as collateral for the loan, such as foreclosure or repayment. One type of debt that can be more difficult to manage when you apply for what you owe is your attorney, who can help you assess your options if you are facing bankruptcy, such as student loans.

Contact your lender if you are in arrears with your payments on mortgages, car loans, credit cards, student loans or other debts: if you think you are paying behind on your payments, contact your lender and explain your situation.

If you want to get out of debt, find a way to make payments as frequently as possible. Get a debt consolidation loan from a bank or credit union, perhaps you can better manage your debt if you can make a single payment to the credit union instead of multiple payments to your current lender. Frequent payments are also a great strategy to pay off credit card debt.

Low-interest debt, such as a mortgage or student loan, is a common part of a long-term financial plan. Americans bury their debts in mortgages, credit cards, personal loans and student loans. The amount owed and the total amount owed can quickly increase.

Crypto Lending: Here is All that You Need to Know

Crypto Lending

The crypto world is evolving very fast; call it supersonic speed! When Satoshi Nakamoto created the first blockchain, many are those who got confused because little was known about it. However, more people have embraced cryptos today and they are using them in many ways, from sending value to asset protection. Now, we have another product that is a really exciting those in the decentralized finance industry – crypto lending. So, how exactly does it work? 

What is Crypto Lending? 

If you have some crypto coins, one of the recommended methods is putting them in a safe wallet, waiting for the price to rise. However, you can take the coins and use them as collateral for a loan instead of selling them. When you repay back the borrowed money plus interest, your coins are returned.

Crypto lending started in early 2020 when COVID-19 pandemic hit the globe with severe effects. As loan became harder to get and lending for major items fell sharply, many people had to search for an alternative, and crypto lending proved to be that reliable option. It allows people to easily and rapidly get access to fiat money without selling their coins. It was like a new evolution because coin holders no longer had to leave them in their wallets for years as they struggled to access cash. 

Special Benefits of Using Crypto Lending

One of the most notable benefits of using crypto lending is that it is pretty easy to get. As far as you have the coins that the selected DeFi platform supports, it is possible to get a loan against them. Other benefits include: 

  • Unlike banks, no credit score or financial background is checked. 
  • The funds are processed rather fast, allowing you to address emergency or financial shortfalls without delay. 
  • You get the cash you want without selling the crypto coins. So, you will still enjoy appreciation of the coins in the future. 
  • Unlike banks that require one to fill a lot of forms for application, crypto lending is pretty straightforward. 

Despite the long list of benefits, the money you borrow has to be returned with some interest. Also, there is a risk of losing access to your coins if you fail to pay the money. 

Special Tips for Crypto Lending 

Now that you know how crypto lending works, we will now tell you some useful tips to help you use the service securely. 

  • Ensure to work with trusted decentralized platforms for your coin. 
  • Make sure that you are only using the coin as collateral as opposed to selling. 
  • Since you are borrowing, carefully review the interest and select the platform with the lowest rates. 
  • Always put a lot of focus on the security of your coins by ensuring no one gets to know your private key. 
  • Even when the lender is holding the coin, make sure to follow the price changes on the market. If the price reaches the targeted peak, do not hesitate to clear the loan immediately to get back the coins and sell at a profit. 

Crypto lending is one of the new innovative products, and people love it. Instead of going to a local bank and following a lengthy process to access a loan, why not use cryptocurrency lending? It is easy, fast, and fun to use!

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