Published on: 29 March 2016
Last Updated on: 10 September 2024
It is famously said “In New York, they like winners. They don’t like second place.” This quote perhaps sums up the character of this city which has witnessed hundreds of ‘rags to riches’ stories over the years. For more than a hundred years this city has attracted people from around the world who come here to realize their dreams.The hospitality industry in NYC is no different and it has helped hundreds of thousands of people build a great career. , New York City sits top on everyone’s radar. Here we discuss some of the reasons for you to explore hospitality jobs in the city.
The Odds Are High:
As a job seeker, you would always want to work in a place that offers you maximum career options. And when it comes to stats, there can be no better option than New York City if you are looking to make a career in the hotel industry. The top 250 hotels in NYC have a total of about 70000 rooms and employ about 35000 people. Apart from this, there are hundreds of other smaller hotels, inns and B&Bs in the city that employ more than a hundred thousand people. The city being the center of the global economy is visited millions of people annually creating a vibrant hospitality industry. So your odds with hotel jobs in New York are substantially higher than anywhere else in the world.
It is Constantly Growing:
If you thought that the above figures are mind boggling and the growth has stabilized, think again. Since 2007, an estimated 35000 hotel rooms have been added to the city and each year more than 4000 rooms are being added. This has resulted in constant demand for new talent in the industry. In 2014, a record 55 million people visited the city with the majority in the corporate travel bracket. These figures are all-time high in the post-recession world and has stimulated the construction of new properties and hiring of fresh talent.
Higher Wages:
Working in one of the biggest cities in the world comes with its own perks. As per the latest figures released by the New York State Department of Labor the basic hourly wage for people in the hotel industry stands at $9 per hour which is among the highest in the United States for entry level employees. Apart from this employees also receive other allowances for Uniforms, Food and Lodging. And here we are only talking about minimum wages. If you are passionate about your job and possess the right skills you will never have a reason to feel disappointed about your remuneration in New York.
It Adds To Your Resume:
If you are planning to explore hospitality jobs in other parts of the world, the experience of working in a hotel in New York would act as a huge plus in your Resume. Finding hotel jobs in NYC involves going through the most stringent selection process where only the best make the cut. There is an aura about working in such a competitive ecosystem where you would have to deal with people from different parts of the world that come with their own expectations. This works as a great learning experience for any professional irrespective of his/her role. So even a small stint in New York improves your future prospects in this industry exponentially.
As you can clearly see the hospitality industry in New York offers you an ocean of opportunities to explore. Irrespective of your skills and expertise you would find an opportunity that would lay a strong foundation for your long career. To scout for the most lucrative opening, you need to choose a job portal that is dedicated to the hospitality industry. These would keep you updated on the latest job openings across various hotels in the city and let you apply at your ease.
Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.
We have either been in the same spot a few times, or this is your first interview prep. No matter how often you straighten your tie, prepare yourself with your best answers, and finest smiles, chronic nervousness is common.
But why do we get nervous before an interview?
Even after understanding all the questions, why do our tongues get tied, and we can be at a loss for words?
Or do we?
Is there a possibility of this ever happening, or are we overthinking it?
The biggest reason behind pre-interview anxiety can originate from the myths and mysteries of a job interview. So, that is precisely what we are going to do today. Debunk these myths and give you the reality of a job interview.
Plus, this blog post will also focus on giving you curated advice for interviews to ace any, and most importantly, how to get rid of the anxiety psychologically.
Interview #Myths (...and the Truth)
As you prepare for your interview, here is some good news.
You do not have to perfect.
Do not worry; no recruiter is looking for a robot. We must already combat enough AI to take our jobs!
Authenticity will always trump any robotic response.
So, let's give you a few more good news!
Myth #1 – You Should Have All the Answers
Undoubtedly one of the biggest myths of job interviews is having all the answers. There is a misconception that your incapability to answer a particular question directly indicates your incompetency.
Reality
That is simply not the case. In fact, sometimes interviewers ask you bizarre questions to test your practicality or even your creativity.
Basically, there might not be a correct answer! They are just trying to understand how imaginative you are.
However, you might not have an answer to the question, which is all right. It is even okay to politely decline to respond politely. This shows integrity, as you do not wish to waste their time or your own. Plus, it shows your acceptance of your shortcomings and enthusiasm for learning more.
Myth #2 – Interviewer Holds All the Power
Since you are the one wanting the job, it is common to misconstrue a power dynamic. Many get nervous because they believe the interviewer holds all the power.
You might also place the interviewer on a pedestal, thinking they might know a lot and are probably judging all the questions.
Reality
Interview prep is always a two-way street. While the recruiter judges your capabilities, you are also assessing whether the job is right for you.
Plus, their thought of hierarchy can make you more nervous.
If you have confidence in your capability and know you will be suitable for the job, then treat your recruiter as your equal. The conversation can go much smoother from that point on.
Additionally, you are also allowed to have unique interview questions to ask your employer. It is not a one-way communication.
Myth #3 – You Have to Wear a Suit
This is an age-old belief that what you wear will heavily influence your first impression on your interviewers.
However, the myth is about wearing a suit and always having a tie around your neck.
Reality
Not that it will hurt if you wear one, it is not a necessity. Dressing yourself up in formals and looking presentable doesn’t always end with a suit.
You can look presentable with a simple button-up & trousers.
For ease of understanding, we will pinpoint the ones who are not dressed up.
Un-ironed cloths
Denim
Clothes that do not fit you
Hats
Ripped or distressed pants
Pants with too many revealing pockets
Revealing clothes
Too many accessories
A face full of bright makeup &
Open-toed shoes (unless they are strappy heels but prefer closed-toed pumps) or sports shoes.
If you have a pressed shirt and trousers that fit with closed-toed shoes, you should be ready.
Myth #4 – Your Resume Is the Only Game Changer
You will find many prints and place their resume in a new folder for their interview prep. They might even present their resume to the interviewer before allowing themselves to sit (...and without even being asked).
Reality
They rang up for an interview upon perusing your resume. Therefore, they want to avoid sitting and reading through your resume.
So, presenting your resume before presenting yourself is not a game.
More than your academic or professional achievements, they are here to assess your personal skills. Believe it or not, other candidates might have the same resume.
This is not to demotivate your professional capabilities but to understand that it has already created the impression it could.
The rest now depends on how you present yourself. Plus, this is an opportunity for you to make yourself stand out.
Myth #5 – You Should Have a Firm Handshake
The things people overthink before an interview prep can charge anyone’s curiosity meter. One of them is having a firm handshake.
Many believe that a firm handshake can telepathically transfer one's strong will and professional excellence to one's interviewer.
Reality
Again, a good handshake is a sign of a confident personality. However, correlation is not causation.
That is, someone with a slightly weaker one isn't automatically wrong for the job. Shaking hands with the person who escorted you to your interview and your interviewers is a sign of respect.
Your interviewers will consider you as a polite being (...irrespective of the firmness of your hand). Plus, there are other factors to assess you, so rest assured they are not overthinking your handshake.
Also Read: Red flags of a job interview: 8 reasons to turn down an offer
Things To Remember While You Interview Prep – Advice for Interview
While preparing to be your best self in your interviewer’s eyes, do not forget this last-minute advice for an interview.
Check The Job Description: Before you sit before answering the questions, remember to go through the job descriptions a few times.
It doesn’t matter if you can’t answer one question, but you should know what job you are interviewed from. Plus, offering you a different job role other than the one in the description is also a major red flag you should look out for.
Research The Company: Do not give your interviewers the impression that this is just another interview. Show them that you want the job and start having personal communication about the company.
Knowing that you know about the company creates a steady impression.
Non-Verbal Communication: 70% of communication in your job interview is non-verbal. When you start your job interview prep, do so in front of a mirror.
Finding your best presentation posture, a pleasant smile, and firm eye contact. The entirety of you should be communicating with your recruiters. Especially if you are in a video interview, your non-verbal communication skills will be scrutinized more.
Keep In Mind the Timing: You should always be early enough for your interview. This was the interviewer’s understanding of the candidate’s conceptual skills. nature, heavily influencing your acceptance rate.
Make it a habit to be 10 minutes before the assigned time for your corporate interviews.
Interview Doesn’t End After You Leave: Always send a thank you mail expressing your gratitude.
You can also give a better reply to a question asked during the interview. This will show your enthusiasm towards the job, and the fact that you are carrying your research forward even after the interview.
Bizarre Interview Questions (...and Their Answers)
Interview prep is indeed a serious matter. However, sometimes, interviewees can even ask bizarre questions to cut the tension and add some witty humor.
The wittier your answers to these bizarre interview questions are your recruiters will be impressed.
Here are some of the common questions whose answers you should prepare.
1. “What’s The Color of Money?”
A company once asked their financial candidates this question. This can either be a trick question or a question to test someone’s creativity & knowledge.
While the obvious answer would be green, one candidate answered “it depends on the country. While US dollar is green, Japanese Yen could come in blue, green, and purple based on the currency amount.”
Can you guess who was hired?
Yes, the one with a worldly knowledge about currencies from all over the world. Now, that is someone with a keen interest in finance.
2. “If you were shipwrecked on an island with no food, water, or internet connection, what is that one thing you would like to have.”
Now, this is a question that has no right or wrong answer. The recruiter is just trying to assess your problem-solving and critical-thinking skills.
One candidate answered “a kindle” which seemed like a dreamy answer. While another candidate said “a boat” which was quite logical.
The candidate who got the job said a hammer & a knife. Truly, you will need two important tools to fashion any tool out of whatever’s left.
This was the interviewer’s understanding of the candidate's’ conceptual skills.
3. “If you could fly or be invisible, what superpower would you choose?”
This is another interview question that recruiters use to break the ice. Through this superpower question, they are just trying to determine whether you are a spotlight person, or someone more willing to work behind the scenes.
Oddly, many choose flying over being invincible. However, for candidates who choose invincibility, recruiters can get an idea about their introversion or extroversion nature.
Therefore, when preparing for an interview, remember to choose these items wisely.
The End of Every Interview Prep
No matter how your interview was, always end it with a good note. Remember to shake their hands and express your gratitude for their time.
Do not rush the recruiters for a reply. Try waiting for 48 hours, and then send them an email asking for the result.
Your interview prep doesn’t end after the interview. A follow-up can always be a game-changer!
Hopefully, this blog post was able to calm you down. If you have more words of wisdom for our audience, please add them in the comment section below.
Read Also:
How Interviews With Industry Titans Motivate And Elevate Company Teams
Red flags of a job interview: 8 reasons to turn down an offer
At one point or another, we have all complained about our bosses. It seems to go with the territory, the usual water cooler chit-chat. But there's a difference between getting upset over the overtime your boss made you work to actually working for a bad boss.
How can you tell the difference? Is there a way to know if you're just being picky or if your boss is crossing the line?
The answer is yes. There are several things you can watch out for to determine if you are indeed working for a bad boss.
Let's discuss 9 signs to be on the lookout for, to help you learn more about the behavior you shouldn't have to put up within the workplace.
1. They Don't Motivate You :
A good boss is a leader that loves to motivate their team. To see everyone succeed and enjoy what they do. And they'll show this by continually being there to give you feedback, support you, and motivate you to do your job well.
If this doesn't sound like your boss, you and your team may have a problem. Their priorities are elsewhere and not in providing good leadership.
2. They Are Unreliable :
A bad boss will tell you she'll get back to you on your report, but you never receive any feedback. She'll give her word that she'll attend a particular meeting but never shows up. She will promise to call you back, but your phone never rings.
If you can't rely on your boss for even the littlest things, how in the world can you rely on them for the bigger, important things?
You don't want to work for a boss who can't keep their word. Trust is so important, especially when it comes to leadership.
3. They Have Unrealistic Expectations :
It's one thing to set high goals for you and your co-workers to strive towards when it comes to working performance. It's quite another when those goals are far too out of reach and downright unrealistic to achieve.
When your boss sets unrealistic expectations, it shows they have their own agenda, and not what's best for the team at heart. This can bring the morale of the workplace way down and make you dread going to work.
And life's too short to work for someone like that.
4. They Avoid All Conflict :
Another sign of a bad boss is one who can't stand up and face a difficult situation.
Whether they avoid having to fire a lazy co-worker, unwilling to deal with an angry client, or refusing to confront another associate who is breaking company policy. It's a major weakness that can't be ignored.
A good boss will be able to stand up and deal with any situation that comes their way. They will lead by example. And that is who you want to work for.
5. They Get Defensive :
Have you ever seen your boss get defensive in a meeting when confronted about one of their ideas? Or lash out when they are questioned about something they did?
This is a bad sign that they can't take criticism.
You want a boss who is able to take the good with the bad. To be able to thoroughly listen to other ideas and be open-minded to other possibilities and ways of doing things.
And you want them to foster open communication throughout the workplace, instead of having people be scared of being honest.
6. The Rule by Fear :
If you've ever seen the movie The Devil Wears Prada, you're familiar with the mass panic that breaks out when the boss walks into the office. Everyone runs to hide or cleans up before they get yelled at, or are afraid to even be in the same elevator with her.
No one should have to work in that kind of environment. That's a dictator, not a boss. And it makes for a toxic workplace.
That's a situation you need to run from. Immediately.
7. They Don't Communicate Clearly :
Having a boss who doesn't communicate clearly can make for a very frustrating work environment!
You'll think you're on the right path in a project, then be told by your boss that he actually wanted it done another way. Or they are so vague with instructions or feedback, you're not sure what you just listened to.
A good boss will effectively lead their team down a clear path with clear goals. A bad boss will leave everyone floundering around in the dark.
8. They Always Seem to Disappear :
Does your boss seem to disappear for hours at a time, without telling anyone where they're going?
When you need them, are you able to get ahold of them no matter where they might be?
While at first, it may seem like a fun idea to have a boss that's always gone, in reality, it can cause a lot of issues in the workplace. When something comes up that needs immediate attention and it's a situation that only your boss can handle, you need to be able to count on them to be there for your team.
9. Your Gut Instinct Tells You So :
That little voice inside your head is there for a reason. If it keeps warning you that something isn't right, you may want to pay attention.
Don't ignore that sense of dread you have every time you go into the office. Don't brush off the feeling that something is off. If you feel like you're working for a bad boss, you likely are... and it's time to get out.
Life Is Too Short To Work for a Bad Boss :
If any of these warning signs apply to your work situation, it may be time to look for a new job. You spend a majority of your time working, so don't waste another minute of it working for a bad boss. You deserve better than that.
Ready to kick that job search into high gear? Be sure to read our tips on how to get your resume noticed!
Read Also :
Go For A Better Legal Job In 2018!
Ten Interview Tips That Might Surprise You: The Medical Edition
The Significance Of Face-To-Face Networking For Freelancers
In this article, we are going to cover the above-listed topics in detail. Capital goods are produced by the service sector and are physical in nature. A society acquires capital goods by preventing wealth that can be utilized in the means of production. Proceed to know more about the same in detail.
Capital Goods Definition
Capital goods are physical assets that a firm uses in the production process to discover goods and services that consumers will use in the long run.
These are usually fixed assets such as tools, vehicles, equipment, machinery, buildings, etc. According to Wikipedia, the economic concept of capital goods is a series of heterogeneous commodities, each having particular technical specifications that are utilized in the making of products and services.
In simple words, capital goods are goods that humans make of society. These goods are the ones whose transactions bring capital or money to the economy. Some of the best examples of capital goods are electronics, facilities, computing technology and vehicles.
However, you must be aware that capital goods are the tangible items of society. So, businesses or industries buy these items and produce finished goods for consumers. Therefore, there are a lot of components that are included when we talk about capital goods.
Is Capital Goods A Good Career Path In 2023?
The answer to this question is an absolute Yes. Capital goods are crucial for increasing the long-term productive capacity of the economy. Moreover, you can choose your career in capital goods because it includes all types of wealth, excluding nature’s gift, and this yields income.
Man, not nature, produce capital. Moreover, it can simplify your living standards in the long run. Remember that only that part of the wealth that is used for further production is known as capital.
It does not generate income or output. It is just the claim on assets. This is actually the means of production and a passive factor of the same. Hence, capital goods is a career path, and the skills required to become the same can be useful in other industries as well.
What Are The Best Paying Jobs In Capital Goods?
Any man-made durable item used to do business is called a capital good. This is because these goods are used to produce other goods. Now, there are many best-paying jobs in capital goods, and these are:
i). Implants Sales Representative
Implants Sales Representative is one of the best paying jobs in capital goods. Here, you must have the ability to meet divisional goods and key performance objectives.
However, that is not all. In addition to this, you must be able to work independently and must not be dependent on anyone.
Estimated Salary: 50,000 Dollars (USD)
ii). Territory Manager
Territory managers establish and maintain relationships with clients. Therefore, if you are seeking this role, your communication should be very strong, you must be self-motivated, and you must have a positive attitude.
Estimated Salary: 90,000 Dollars (USD)
iii). Capital Equipment Sales Representative
Capital Equipment Sales Representative gets high rewarding salaries and promotes long-term customer satisfaction. Here, the work environment and job role can vary from country to country.
Estimated Salary: 76,000 Dollars (USD)
iv). Remote Sales Representative
Remote Sales Representative brings sales talents to a leader in healthcare solutions and medical technology. However, to qualify for this job role, you must have more than three years of experience in health care sales.
Estimated Salary: 48,000 Dollars (USD)
v). Medical Capital Equipment
Medical Capital Equipment is also one of the best paying jobs in goods. Therefore, this job adds value to your question, “Is Capital Goods a Good Career Path?.”
Additionally, to get this job role, you must have strong analytical skills and effective presentation skills.
Estimated Salary: 152,000 Dollars (USD)
Is There An Opportunity Cost To Increase Investment In Capital Goods Today?
The answer to this question is Yes. There is an opportunity cost to increase investment in capital goods today. It is because improved production of capital goods means lower consumer goods today.Moreover, the weight of demand falls when the cost rises and vice versa. Here, we must choose between consumer goods and capital goods at present. Let’s see the difference between the two below!
What Is The Basic Difference Between Consumer Goods And Capital Goods?
Consumer goods are used by consumers and have no future productive use. Whereas, Capital goods are used by one business to help another business create consumer goods.
Consumer Goods
Capital Goods
Final consumption
Final investment
Price determination is done by suppliers
Price determination is done by companies
Direct demand
Derived demand
Consumers are the buyers
Manufacturers are the buyers
Bought for personal consumption
Bought for making other products
Business to the consumer marketing process.
Business to the business marketing process.
Which Type Of Inflation Would Include Capital Goods And Consumer Goods?
The answer to this question is ‘The GDP Price Index’ as it measures the price of all goods (capital goods and consumer goods). There is a basic difference between consumer goods and capital goods that is described above, and you must refer to the same.
The Final Thoughts
Is Capital Goods a Good Career Path? So now, you know the reasons why capital goods is a good career path, and your career can be bright if you choose the same. Besides, if you come across any doubts, you can mention them below in the comment section, and we will try our best to clarify them at the earliest.
Read Also:
Is Precious Metals A Good Career Path
Is Hotels/Resorts A Good Career Path In
Is Oil & Gas Production A Good Career Path
Is Clothing/Shoe/Accessory Stores A Good Career Path
Is Real Estate Investment Trusts A Good Career Path
