Tag Archive lyft

ByCurtis Watts

5 Ways to Look for a New Job

This post can be found en Español here.

The current coronavirus pandemic has caused a large upheaval across many different areas. In addition to the changes COVID-19 has made in the areas of health and safety (masks, social distancing and quarantines), it has also caused major changes to the economy across all walks to life. The United States has experienced record levels of unemployment, and even many of those who are still employed have experienced disruptions to their unemployment. 

If you are recently unemployed or are looking for new work due to changes in your work situation (being furloughed, having hours reduced or changes in the type or location of your work), there are several different ways that you can look for a new job. In this article, we’ll look through some of the best ways to look for a new job.

Networking with friends, family and former colleagues

There’s a reason the saying “it’s not what you know, it’s who you know” is so popular – it’s quite true. As it has in most industries, the Internet has disrupted the way that recruiters and HR departments source their open job positions. Since most job applications are available at no cost and with the click of a button, the volume of resumes received for each open position is staggering. You truly have to make sure that your resume stands out.

One way to do this is to have a referral from a friend, family member or former colleague. Talk to your circle of influence and see what jobs are available where they work. A referral from someone who already works where you’re looking to hire on is a great first step. In many cases, a referral from an existing employee can help to short-circuit the HR department and get you directly in front of the hiring manager.

Make sure that your Linkedin profile is up-to-date

Going along with the power of networking and referrals is making sure that your Linkedin profile is accurate and current. Linkedin can be more useful in certain professions and in certain areas, so you’ll have to take a look to see how it might work for you. Generally, you’ll find more people and companies active on Linkedin in more white-collar trades. 

Linkedin also has a setting where you can state that you are actively looking for jobs. That setting will bring your Linkedin profile to the attention of recruiters who are looking to hire in your industry. This can be both positive and negative. Most recruiters also cast a wide net, so you may find it to be distracting having to answer calls and emails from recruiters who are hiring for jobs that may be not quite what you’re looking for.

Don’t forget about a solid resume

A traditional (paper) resume is less important than it was 10-20 years ago but still is useful to keep current. Depending on where you’re looking and in what industry, you might find a resume more or less important. The big reason resumes are not nearly as important anymore is that most job applications online are done electronically. So you may fill out an online form rather than uploading a Word document or PDF. Even if you do upload your resume online, it’s likely that it is getting parsed and converted into a different format, so all the time you spent carefully formatting your resume doesn’t tend to matter.

Another great resume tip is to make sure and target your resume and cover letter to the individual company and position you’re applying for. Each job is different, and showing that you took the time to emphasize skills and experience that was directly solicited in the job posting will only help.

Scour the big job boards

All of the traditional job “boards” have also moved online, with big job sites like Indeed, Monster, CareerBuilder and Linkedin posting millions of jobs per month. With so many jobs posted, it can be challenging to wade through all of them and find ones that make sense for what you’re looking for. Some good advice is to make sure to narrow down your search as much as possible. 

You may be tempted to cast a wide net in the hopes of finding something, but unless you have a ton of time, you may find it more beneficial to focus more narrowly. Most job sites will also let you set up ongoing searches that will immediately alert you if a new job is posted that matches your criteria.

Explore the gig economy

Depending on your household’s financial situation, you may also be looking to pick up some extra income while you’re looking for a new job. Joining the gig economy may make sense as a short-term option while you’re looking for a more stable job. Companies like Uber, Lyft, Doordash or Instacart are generally always hiring people to work through their platforms and offer flexibility that could make it an easier fit on your schedule. 

Most of these companies also offer signup bonuses from $200-$500 to incentivize new people to join with them. Taking advantage of these gigs might be a good way to stabilize your budget while looking for that perfect job.

What to do if they say no

Even in high-demand professions, you’re likely to encounter a pretty significant level of rejection. If you’re not getting rejected a lot, you’re probably not applying to enough places! Unfortunately, many companies or HR departments do not typically let you know if you are rejected. If you don’t get the job, one strategy can be to ask when would a good time to follow up. Their answer to the question can help give you an idea for possible next steps with that company. 

Again, this is where the power of having a friend or former colleague on the inside – most HR departments are historically tight-lipped because they’re afraid of getting sued. But if you have a connection on the inside, you may be able to get more and better information to help guide your path going forward.

The post 5 Ways to Look for a New Job appeared first on MintLife Blog.

Source: mint.intuit.com

ByCurtis Watts

7 Big Insurance Mistakes to Avoid During the COVID Crisis

The coronavirus has upset lives and livelihoods all over the globe. While insurance can’t keep you from getting COVIID-19, having the right types of insurance can reduce your financial risk as the virus spreads.

There’s never been a better time to protect your health, life, property, and business with the right insurance. Let's take a look at seven insurance mistakes you might be making during the pandemic. You’ll learn how to face new risks and challenges with the help of different types of affordable insurance.

Coronavirus insurance mistakes

Here’s the detail on each mistake you should avoid to make sure you and your family stay safe during the pandemic.

1. Skipping health insurance

The coronavirus has changed the health insurance landscape in drastic ways. If you’ve become unemployed or have your work hours cut and lost employer-sponsored health insurance, don’t go without coverage when you may need it most.

Here are several ways to get health insurance:

Medicaid and Children’s Health Insurance Program (CHIP) may be options for free or low-cost coverage if you can’t afford health insurance. These programs allow you to get coverage at any time of year, depending on your income, family size, and where you live. You can learn more at the Medicaid website at Medicaid.gov.

Your parent’s health plan may be an option if they have coverage, you’re under age 26, and they’re willing to insure you. Even if you’re married, not living with a parent, and not financially dependent on them, they can cover you until your 26th birthday.

COBRA coverage is typically available when you leave a job with group health insurance. Whether you quit, are laid-off, or get fired, COBRA is a federal regulation that gives you the option to continue your employer-sponsored health, dental, and vision insurance for a certain period, such as 18 months. However, if you have funds in a health savings account or HSA, you can use them to pay your COBRA premiums.

Affordable Care Act (ACA) coverage is available through federal or state health online marketplaces, insurance brokers, and insurance websites. If your income is below certain limits based on your family size, you qualify for a federal subsidy, which reduces your healthcare premiums. No matter where you live, you can begin shopping at the federal exchange at Healthcare.gov.

2. Not using telehealth services

If you have a high-deductible health plan (HDHP), it typically only covers certain preventive care costs, such as an annual physical or vaccinations, before you meet the yearly deductible.

The CARES Act makes it easier to use telehealth services because your plan must cover it cost-free before your HDHP deductible is satisfied.

However, the CARES Act makes it easier to use telehealth services because your plan must also cover it cost-free before your deductible is satisfied. For other types of health plans, such as HMOs and PPOs, they must also waive any cost-sharing or co-pays for remote health services.

The telehealth relief is only temporary for 2020 and 2021. However, it can give you significant savings if you have a non-emergency or medical question that you want to address with a doctor online.

3. Only getting minimum car insurance coverage

During tough financial times, it can be tempting to cut your auto insurance coverage or drive uninsured. Remember that it’s against the law to drive without having the minimum liability coverage for your home state.

Since many drivers are uninsured, you should never go without uninsured motorist coverage.

However, since many drivers are uninsured, you should never go without uninsured motorist coverage. This insurance protects you from a driver who hits-and-runs or is uninsured or underinsured for the damage they cause you, your passengers, and your car.

According to the Insurance Information Institute (III), 13 percent of drivers are uninsured nationwide. My home state, Florida, has the highest number—almost 27 percent! This data from 2015 is the most recent. Due to coronavirus-related financial hardships, I’d bet those numbers are much higher now.

If you drop any auto insurance coverage, make it collision or comprehensive, which repair or replace your vehicle if it’s damaged or stolen (after paying your deductible). Reducing or eliminating these coverages could make sense if your car isn’t worth much, such as less than $1,000. A good rule of thumb is to drop these coverages if their annual cost is 10% or more of your car’s cash value.

Another way to save on auto insurance is to increase your deductibles or bundle it with other coverage, such as your home or renters policy.

4. Not purchasing a non-owners auto insurance policy

If you’ve sold your car or you tend to borrow or rent cars when needed, don’t forget that you still need the protection of a non-owner auto insurance policy. This coverage gives you liability protection when you drive a car you don’t own or are a passenger in someone else’s car.

Here are some situations when you need non-owner car insurance:

  • You rent a car and don’t already have insurance on a vehicle you own.
  • You use ride-sharing services, such as Uber and Lyft.
  • You borrow cars from family, friends, or neighbors for short or long trips.

5. Overlooking a renters insurance policy

According to the III, a surprisingly low number of renters, 35 percent have renters insurance. Whether you mistakenly believe that your landlord is responsible for your personal belongings (they’re not) or that you don’t have enough to insure (you probably do), you should have a policy.

Landlords only have insurance to protect the structure of a home or apartment you rent, not for a tenant’s personal property. Nor do they protect your liability if someone gets injured accidentally injured in your rental place.

Landlords only have insurance to protect the structure of a home or apartment you rent, not for a tenant’s personal property. Nor do they protect your liability if someone gets injured accidentally injured in your rental place.

Standard renters insurance offers a lot more protection than many people think. It covers your possessions if they’re stolen or damaged from a covered event, such as a water leak, fire, or natural disaster. A renters policy also pays living expenses if you have to move out while repairs get made after an insured disaster, such as a tornado or fire.

Even more important is the liability protection I mentioned. If you get involved in a lawsuit related to property damage or medical injuries, you’ll be covered up to your policy limit.

Renters insurance gives you a lot of protection for the money. It’s probably more affordable than you might think, costing only an average of $188 per year across the nation. Bundling it with your auto insurance could even reduce the cost.

6. Working from home without commercial coverage

Due to stay-at-home mandates during the pandemic, most people who can work from home are doing so. If you’re self-employed as a solopreneur or operate a small business from home, be aware that your home or renters insurance excludes most home-based business activities.

For instance, if you keep inventory at home or have special business equipment, they aren’t covered under a standard homeowner or renter policy. Make sure your business assets and liability are protected by having a separate commercial policy or adding a home-business rider or endorsement to your existing insurance.

The type of business coverage you need varies depending on your industry, whether you drive for business purposes, if you see clients at your home, the value of your business assets, and how much potential risk you have. But it could cost as little as $150 per year. Check with your existing insurance company or a trade association for your industry about getting coverage.

RELATED: How to Qualify for the Coronavirus Economic Relief Package

7. Thinking you can’t get life insurance

It’s not fun to think about death or what would happen to your family if you weren’t alive. If your surviving spouse, partner, children, parents, other dependents, or business partners would be hurt financially after your death, you need life insurance to protect them.

Think about how your survivors would care for your children and meet financial obligations without additional income. Consider how your children would survive if you and your spouse or partner died at the same time. If you’re procrastinating getting life insurance or increasing your current coverage, think about the legacy you want to leave.

The good news is that term life insurance is affordable and still readily available during the pandemic. For example, a $500,000 payout for your family could cost about $200 a year if you’re middle-aged and reasonably good health. Bankrate.com is a good site to learn more and get free life insurance quotes.

Source: quickanddirtytips.com