Увольнение по собственному желанию (другими словами, по инициативе работника) — одно из самых распространенных оснований расторжения трудового договора. Инициатива прекращения трудовых отношений исходит от работника и не предполагает ее одобрения работодателем, ведь нельзя заставить человека трудиться против его воли. Однако и при увольнении по собственному желанию необходимо соблюдать определенные правила.

Порядок увольнения по собственному желанию

Порядок увольнения по собственному желанию предполагает, прежде всего, написание работником заявления на увольнение. В заявлении указывается дата увольнения и его основание («по собственному желанию»), оно должно быть подписано работником с указанием даты составления.

Указывать в заявлении причину увольнения по собственному желанию необязательно. Однако если обстоятельства требуют уволиться без отработки, то причину указать необходимо, к тому же работники кадровой службы могут попросить подтвердить её документально. В остальных случаях достаточно фразы «прошу уволить меня по собственному желанию такого-то числа».

После того, как заявление на увольнение передано в кадровую службу, составляется приказ об увольнении. Обычно используется унифицированная форма такого приказа (форма № Т-8), утвержденная постановлением Госкомстата от 05.01.2004 №1. В приказе необходимо сделать ссылку на п.3 ч.1 ст.77 ТК РФ, а также привести реквизиты заявления работника. Работника нужно ознакомить с приказом об увольнении под роспись. Если приказ невозможно довести до сведения увольняемого (он отсутствует или отказался ознакомиться с приказом), то на документе делается соответствующая запись.

Сроки увольнения по собственному желанию

По общему правилу, закрепленному в Трудовом кодексе, работник должен предупредить работодателя о предстоящем увольнении не позднее чем за две недели. Течение этого срока начинается на следующий день после получения работодателем заявления об увольнении.

Однако так называемый двухнедельный срок отработки может быть сокращен по соглашению между работником и работодателем. К тому же, закон не обязывает работника в течение срока предупреждения об увольнении находиться на рабочем месте. Он может уйти в отпуск, на больничный и т.п., при этом сроки увольнения не изменятся.

Из общего правила о двухнедельной отработке есть законодательно закрепленные исключения. Так, при увольнении в период испытания срок предупреждения об увольнении составляет три дня, а при увольнении руководителя организации – один месяц.

Расчет при увольнении по собственному желанию

Расчет при увольнении по собственному желанию, так же как и по другим основаниям, должен быть произведен в день увольнения, то есть в последний день работы. Расчет при увольнении предполагает выплату всех причитающихся работнику сумм: заработной платы, компенсации за неиспользованные отпуска, выплат, предусмотренных коллективным и трудовым договором. Если увольняемый сотрудник использовал отпуск авансом, производится перерасчет выплаченных отпускных, соответствующая сумма удерживается из заработной платы при окончательном расчете.

В случае если работник в день увольнения отсутствовал на работе и не смог получить расчет, он вправе обратиться за ним в любое другое время. Причитающаяся ему сумма должна быть выплачена не позднее следующего дня после обращения.

Увольнение по собственному желанию в период отпуска

Уволиться по собственному желанию в период отпуска закон не запрещает. Такой запрет предусмотрен лишь для увольнения по инициативе работодателя. Работник же вправе написать заявление об увольнении, будучи в отпуске, или отнести на период отпуска дату предполагаемого увольнения.

Если работник хочет подать заявление об увольнении, находясь в отпуске, отзывать его из отпуска не требуется

Также сотрудник может уволиться по собственному желанию после использования отпуска. Отметим, что предоставление отпуска с последующим увольнением – это право, а не обязанность работодателя. В случае предоставления такого отпуска днем увольнения считается последний день отпуска. Однако для целей расчетов с работником последним днем работы в этом случае является день, предшествующий началу отпуска. В этот день следует выдать работнику трудовую книжку и произвести все необходимые выплаты. Это своеобразное исключение из общего правила, приведенного выше, подтверждаемое судебной практикой.

Увольнение по собственному желанию во время больничного

Уволиться по собственному желанию во время больничного можно. Закон запрещает такое увольнение только по инициативе работодателя.

Работник вправе подать заявление об увольнении в период временной нетрудоспособности. Также может возникнуть ситуация, когда на период больничного попадает оговоренная ранее дата увольнения. В этом случае работодатель оформит увольнение в день, указанный в заявлении на увольнение, при условии, что работник это заявление не отзывал. Самостоятельно изменять дату увольнения работодатель не вправе.

В последний день работы, даже если он приходится на период больничного, работодатель производит окончательный расчет, издает приказ об увольнении, в котором делает пометку об отсутствии работника и невозможности ознакомить его с приказом. За трудовой книжкой работник явится после выздоровления либо, с его согласия, она будет направлена ему почтой. Все причитающиеся работнику суммы будут ему выплачены не позднее следующего дня после предъявления им соответствующего требования. Однако пособие по временной нетрудоспособности будет назначено работодателем в течение 10 дней со дня предоставления больничного и выплачено в ближайший после назначения день, установленный для выплаты зарплаты в организации.

Документы по теме «Увольнение по собственному желанию»

90000 5 Completely Unnecessary Things You Really Should not Buy 90001
90002 Many of us spend way too much money on unnecessary things. These can range from a useless gadget to a high-end kitchen gadget we only ever use once. 90003
90002 While it might «feel good» to make that impulse purchase in the short term, you might find you end up paying for it in the long run. 90003
90002 Here we’ll offer some advice on how to take back control of your emotions and get your finances back on track.We’ll then test your new resolve with 5 useless, yet fun. examples of useless objects your former self would have bought without thinking about it twice. 90003
90002 90009 RELATED: 10 MOST USELESS GADGETS OF 2017 90010 90003
90012 What are the unnecessary things in life? 90013
90002 If you have more money than sense, you may find yourself buying a lot of junk at times. While it may feel ‘good’ at the time of purchase, in the end, you’ll probably never use that thing again. 90003
90002 But do not worry, you are not alone.According to sites like cheatsheet.com, many Americans can not seem to resist the urge to buy unnecessary products. Most millennials tend to be spending more of their disposable income on leisure activities, impulse purchases, and clothing. 90003
90018
The Useless Box is the epitome of unnecessary things to buy — but it is awesome. 90019 Source: Solarbotics / Flickr 90020

90002 Many factors are blamed, with marketing and branding usually being a big factor. But most people report, in polls, that they tend to buy stuff to «feel good.»90003
90002 These are some of the most common purchases: 90003
90025
90026 Convenient snacks and drinks 90027
90026 Beauty products 90027
90026 New clothes 90027
90026 Overpriced hotels 90027
90026 Movies, books, and other media (Obviously books can also be considered a good investment) 90027
90026 Apps (and in-app purchases) 90027
90026 Tech 90027
90026 Cable TV 90027
90026 Gym memberships (never or rarely used) 90027
90026 Car loans 90027
90046
90002 Obviously, there are few «useful» things here, after all, you usually do need a car in the modern age — but most are not really essential.90003
90012 How do I stop buying unnecessary things? 90013
90002 If you want to budget effectively you should ‘audit’ your spending and trim the fat to stop wasting your valuable cash. After all, you need to spend your most valuable asset, your time, to earn those dollars in the first place. 90003
90002 90054 90055 90003
90002 There are many guides out there to help you stop buying ‘junk,’ but at the end of the day you must have the will, and discipline to carry them out. But that being said there are few tips and tricks you could try (credit to stefanieconnell.com): 90003
90025
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90002 90009 Keep Away From Temptation 90010 — This one is obvious. If you simply can not resist, stay away from those shops! 90003
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90002 90009 Avoid Retail Seduction 90010 — «It’s not how much you earn, its how much you keep» as the saying goes. Keep your wallet in your pocket! 90003
90027
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90002 90009 Take Inventory 90010 — Take stock of what useless stuff you already have. Do not ignore it. Maybe consider giving stuff to charity.90003
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90002 90009 Practice Gratitude 90010 — This one is easier said than done, but thinking about what really makes you happy in life will bolster your ability to resist impulse buying. 90003
90027
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90002 90009 Get Grounded in the Numbers 90010 — Budget, budget, budget! Work out your income and expenditure. How much are you spending on rubbish each month? The cold, unlying numbers might scare you into action. 90003
90027
90046
90012 What should you not waste money on? 90013
90002 As we have already seen, many of us waste money needlessly on things we do not really need.But that being said, you do not need to live a Spartan life. 90003
90002 90096 90055 90003
90002 Treating yourself once in a while is a good way to keep motivated and reward yourself for your hard work. «All work and no play …» as the saying goes. 90003
90002 However, there are some other things you really should think twice about buying. In fact, many wealth and finance coaches will tell you to not waste money on anything that: 90003
90002 90009 1. Rusts 90010 90003
90002 90009 2.Rots 90010 90003
90002 90009 3. Depreciates 90010 90003
90002 There are many other websites out there that will offer you examples of things you do not need to buy. 90003
90002 For example, treehugger.com lists the following: 90003
90002 1. 90009 Specialty items like waffle irons or ice cream makers 90010 — Are you really going to use these often? 90003
90002 2. 90009 A 90010 90009 Fine China set 90010 — While they might look pretty, are you ever going to use it? 90003
90002 3.T 90009 hrow pillows 90010 — Do you really need that much cushioning? 90003
90002 4. 90009 Many types of glasses 90010 — Again, do you really need to deck out your kitchen like a restaurant or bar? How often do you actually drink champagne or brandy? 90003
90002 Think about it. 90003
90002 90140 90055 90003
90012 Some fun examples of unnecessary things you could, but probably should not buy 90013
90002 With all that being said, let’s take a look at some funny useless things you could buy, but probably should not.90003
90002 It’s your money, so spend it, or not, as you please. 90003
90012 1. Check out these «SweatGutters» 90013
90151

90152
90002 Do you sweat a lot? Does it drench your face and blind you? 90003
90002 Then you might want to consider buying yourself head-mounted «SweatGutters.» With this fetching and flattering device, you will be able to collect and remove sweat from your forehead before it reaches your face! 90003
90012 2. «Save face» with this handy mouth curtain 90013
90159

90152
90002 Called the «Cuisine Curtain,» this completely useless gadget will let you eat like an animal without the fear of being watched.Preserve your modesty while indulging your feeding frenzy all at the same time. 90003
90002 How could you resist? 90003
90012 3. Drink and workout at the same time with this gadget 90013
90167

90152
90002 Presenting «The Sip N Curl» — a can holder with a difference. Save on your gym membership, and indulge your habits, with this great workout / drinking device. 90003
90012 4. Protect your personal space with this device 90013
90173

90152
90002 Are you fed up with people crowding your space? Then strap on the «PersonalSpacinator» and go about your business without fear of others invading your space.90003
90012 5. Bring yourself down to Earth with the «RealityCheck5000» 90013
90179

90152
90002 A healthy ego is an asset, but when it gets a bit too big your life can start to suffer. That’s where you need the «RealityCheck5000» to keep you based in reality. 90003
.90000 9 Things That Stop You From Achieving Your Goals 90001 90002 In order to achieve our goals, we need to change our behavior, and eventually become a better version of ourselves. 90003 90002 Because right now we’re not ready for it yet, we have not developed the needed habits, have not eliminated some unhealthy and unproductive activities, and have so many distractions that we hardly know what’s really important. 90003 90002 But achieving what you want is absolutely possible. You just need to fall in love with consistency and start taking a step each day towards reaching your goals.90003 90002 And you need to eliminate the things that not only slow your progress, but which keep you from moving forward. 90003 90002 90011 Here they are: 90012 90003 90014 1. Perfectionism 90015 90002 So many people have deep desires within themselves and truly want to achieve certain things in life. But they are greedy and unappreciative even before they receive them, and want much more than they deserve. 90003 90002 Many, for instance, want not just to be offered a good job with a high salary and work hard to make money and increase the quality of their life, but they want to be rich, and they want it now.90003 90002 That’s a wrong approach. 90003 90002 Because, first you need to be grateful for what you already have (90023 and no matter how little that is, believe me, others have much less and still find the will to thank for it 90024). 90003 90002 Only then will you feel some abundance and will realize that you have the power to turn it into something more. And you’ll feel the need to work for that, to give something in return and to then enjoy the fruits of your labor. 90003 90002 90011 That’s how you can eliminate perfectionism from your life and still achieve what you want.90012 90003 90002 90003 90014 90011 2. Failure 90012 90015 90002 We have a wrong perception of what failure is these days. 90003 90002 Most people fear it, they do not even try because of the chance of not succeeding. And that’s why they never see their dreams come true. 90003 90002 The truth is, failure is a precious gift. It’s an inevitable step on your way to success, and a step you need to take more than once. 90003 90002 It’s the proof that you’re trying, you’re doing something to get what you want, and you’re not giving up.90003 90002 It’s followed by lessons and experience, and it makes you stronger, with more willpower, more focused. It shows you what exactly not to do next time, because it did not work out this time. 90047 And if you keep trying, eventually you’ll get there. 90003 90002 There’s no better example than Thomas Edison — his whole life is a proof of the power of failure and how you can work with it for optimum success. 90003 90002 90003 90014 3. Focusing on the end result 90015 90002 I know you’re eager to reach your goals.There’s just something inside us that makes us impatient and whatever it is that we want, we want it right away. 90003 90002 But you also need to realize that things just do not work that way. And the best you can do is enjoy the process and focus less on the end result. 90003 90002 90003 90014 4. Taking big steps 90015 90002 There’s a certain path you’ll need to walk before you get there. And its purpose is to make you strong enough to handle the success that’s waiting for you. 90003 90002 90011 That path consists of many steps.Small ones 90012 — because the big ones make us worry, fear and not even try. 90003 90002 So divide your goals into small steps, then into even smaller, until you have a list of simple tasks to do each day. And make them so easy and quick that it will be impossible to say no. 90003 90002 90003 90073 90014 5. Excuses 90015 90002 90011 You may often hear yourself say some of the following: 90012 90003 90002 I’m not ready; 90047 It’s not the right time; 90047 I’m not good enough; 90047 I’m too old / young; 90047 I do not have enough money / time / experience; 90047 Most people do not succeed anyway, neither will I; 90047 Maybe I’m not meant to do it; 90047 It’s too hard; 90047 It will take too long; 90047 I may do it wrong; 90047 People will laugh at me; 90047 or else.90003 90002 When that happens, stop and reflect on why you’re saying this. 90003 90002 Realize that your mind is tricky and prefers to stay in its comfort zone, doing the same old activities and tasks on autopilot, and not try anything new. That’s why it’s making up all these excuses, that can often sound quite convincing. 90003 90002 Your job is to eliminate them, to even exaggerate them and see how ridiculous they sound. Because if you choose the other option — if you believe them — you’ll never do anything different with your life and will never see the things you desire come true.90003 90002 90003 90014 6. Procrastination 90015 90002 It’s another thing that stops us from taking action towards our goals. So it’s another thing we need to give up. 90003 90002 Keep in mind one thing: 90023 now 90024 is the best time to do what you want, any other time is later than now. 90003 90002 The present moment is where you create your future and the only time you can be productive and work on what you believe in. 90003 90002 The only cure for procrastination is to start doing something immediately, without thinking and giving your mind time to come up with excuses.Without doubting your abilities and fearing failure. 90047 Just do a little something today that will help you move forward and get closer to your dreams. 90003 90002 90003 90014 7. Expectations 90015 90002 Stop expecting so much. It’s a destructive behavior that brings deep disappointment in your life. 90003 90002 You expect things to turn out in a certain way, you expect people to behave like you imagine them to, and whenever that does not work out, you feel upset and lose any motivation to take action.90003 90002 So ditch these fantasies you live in, eliminate the scenarios you play in your head of how things should be, and accept them as they are. 90003 90002 And meanwhile, keep doing what you know is right. 90003 90002 90003 90014 8. Distractions 90015 90002 There will be people who will doubt you, who will make you lose hope if you listen to them. 90047 There will be many temptations on your way to success, too. Many pleasant, but time-wasting, activities. And you’ll often feel that life is unfair because others have so much time, can eat whatever they want, can buy stuff, or else, and you can not.90003 90002 But that’s not true. 90003 90002 It’s just that you’ve chosen to work on your goals and strive for a better life, while others prefer the easier way of living — indulging in activities that only bring temporary happiness. 90003 90002 90003 90139 90014 9. Lack of consistency 90015 90002 That’s a big one. 90003 90002 Because whatever you do, if you do not do it each day, you will not see any progress. 90003 90002 Consistency is trait of the successful people, and it becomes a habit, as everything else.90003 90002 But without it, you will not get far. So break your steps into smaller ones, make time each day, and find the will to get up and do this one thing. 90003 90002 90003 90152 In conclusion, I’ll tell you this: 90153 90154 90002 90023 You do not get what you want, or what you think you deserve. 90024 90003 90002 90023 Instead, you get exactly what you work for, what you focus on, what you take action upon every single day. 90024 90003 90163.90000 Reaching Your Potential 90001
90002 Executive Summary 90003
90004 Reprint: R0807C 90005
90004 Despite their lofty job titles and impressive pay, many high-achieving executives feel professionally dissatisfied and unfulfilled. Looking back, they wish they’d accomplished more or even chosen a different career altogether. Often they feel trapped in their jobs. 90005
90004 In this article, Kaplan, a Harvard Business School professor, examines why people arrive at this impasse-and offers them guidance on how to break through it and reach their full potential.That goal is not about getting to the top, he says. Rather, it’s about taking a very personal look at how you define success in your heart of hearts, and then finding your own path there. 90005
90004 To discover your way, you need to step back and reassess your career, recognizing that managing it is your responsibility. Many people feel like victims when, in fact, most career wounds are self-inflicted. Taking control begins with understanding yourself: seeking frank feedback about your strengths and weaknesses from colleagues above and below you, and figuring out what you truly enjoy doing.That understanding-not other people’s definition of success-should guide your career choices and goals. Next, it’s critical to identify the three or four tasks central to your business and make sure you excel at them; otherwise, success is likely to elude you. 90005
90004 Once you’ve chosen the right enterprise, you must show character and leadership. Great executives put the interests of their company and colleagues ahead of their own. They’re willing to speak up, even to voice unpopular views.Many managers hit a plateau because they play it too safe. But those that identify their dreams, develop the skills to realize them, and demonstrate courage will find fulfillment-even if they hit bumps along the way. 90005

90002 The Idea in Brief 90003

90004 Despite racking up impressive accomplishments, you feel frustrated with your career-convinced you should be achieving more. You may even wish you had chosen a different career altogether. 90005
90004 These feelings often stem from a common error: buying into others ‘definitions of success.To reach your potential, Kaplan suggests taking a deeply personal look at how 90019 you 90020 define success: 90005
90004 Begin by recognizing that managing your career is 90019 your 90020 responsibility. Then, follow these three steps: 90005
90026
90027 90028 Know yourself 90029 by identifying your strengths and weaknesses and the activities you truly enjoy doing. 90030
90031
90026
90027 90028 Excel 90029 at the activities critical to success in your desired role.90030
90031
90026
90027 90028 Demonstrate character and leadership 90029 by putting the interests of your company and colleagues ahead of your own. 90030
90031
90004 The Idea in Practice 90005
90004 Kaplan offers these guidelines for reaching your potential at work: 90005
90048 Know Yourself 90049
90004 Write down your 2-3 greatest strengths 90019 and 90020 weaknesses. If (like most people) you struggle with identifying key weaknesses, solicit the views of people (peers, direct reports, trusted friends) who will tell you the brutal truth.Ask for very specific feedback ( «How well do I listen?» «What is my leadership style?»). Be receptive to the input you receive. 90005
90004 Then figure out what you truly enjoy doing. What’s your dream job? Resist the lure of a hot field: If you go into it without a strong enthusiasm for the actual work, you may waste a number of years before you admit it’s the wrong job for you. Once you’ve chosen your ideal job, you’ll have to start from scratch. But choosing a field you love gives you strength to weather the inevitable setbacks and long hours needed to reach your full potential in any career.90005
90048 Excel at Critical Activities 90049
90004 Identify the 3-4 activities essential for success in your desired or current role. Then develop a plan for excelling in these activities. Example: 90005
90004 A new division head at a large industrial company was struggling to grow sales and profits. Through interviews with staff and customers, he concluded that success in his business hinged on developing close relationships with top customers ‘purchasing managers, putting the right people in critical leadership positions, and staying at the cutting edge of product innovation.He began delegating activities less central to success so he could focus on raising the bar on the three success factors he had identified. Sales and profits improved. 90005
90048 Demonstrate Character and Leadership 90049
90004 Character and leadership make the difference between good and great performance. To demonstrate 90028 character 90029: 90005
90026
90027 Put the interests of your company and colleagues ahead of your own, doing things for others without regard to what’s in it for you.90030
90031
90026
90027 Adopt an owner’s mindset, asking yourself what you would do if you were the ultimate decision maker. 90030
90031
90026
90027 Be willing to make recommendations that will benefit your organization’s overall performance, possibly to the detriment of your own unit. Trust that you’ll eventually be rewarded. 90030
90031
90004 To exhibit 90028 leadership 90029, speak up-even when you’re expressing an unpopular view. Your superiors desperately want dissenting opinions so they can make better choices.If you play it safe instead of asserting your heartfelt opinions, you may hit a plateau in your career. 90005

90004 Ambitious professionals often spend a substantial amount of time thinking about strategies that will help them achieve greater levels of success. They strive for a more impressive job title, higher compensation, and responsibility for more sizable revenues, profits, and numbers of employees. Their definitions of success are often heavily influenced by family, friends, and colleagues.90005
90004 Yet many ultimately find that, despite their efforts and accomplishments, they lack a true sense of professional satisfaction and fulfillment. During my career with Goldman Sachs, as well as over the past few years of teaching and coaching managers and MBA students at Harvard Business School, I have met a surprisingly large number of impressive executives who expressed deep frustration with their careers. They looked back and felt that they should have achieved more or even wished that they had chosen a different career altogether.90005
90004 Consider a very successful research analyst at a large securities firm who came to see me because he was discouraged with his career progress. This was particularly ironic because he was well known, highly regarded (ranked number one in his industry sector), and well compensated. He told me that, after 10 years, he was tired of his job, disliked his boss, and felt he had no potential for further upward mobility. Most of all, he had always wanted to be an investment manager, but he had started out as an analyst and never really reassessed his career path.He felt trapped. He feared losing his stature and did not want to let anyone down, but at the same time he did not want to keep doing what he was doing. 90005
90004 As we talked, he wondered if he’d been so busy trying to reach specific milestones and impress other people that he’d lost sight of what he really enjoyed doing. The truth was that he loved analyzing stocks and assessing management teams, but he also wanted to have the responsibility for making the actual investment decisions and then be held accountable for the results.I encouraged him to take action and speak to a number of investment firms (including his current employer) about a career change. After doing this, he ultimately was offered and accepted a portfolio manager position in the asset management division of his current firm. He learned that his firm’s leaders wanted to retain him regardless of job description and that they were quite surprised to find out he wanted to be on the investment side of the business. He has since become a superb investment manager, and although he wishes he’d stepped back and reexamined his career years earlier, he’s thrilled that he made the switch while there was «still time.»90005
90004 If you are experiencing similar feelings of frustration or even regret about the direction of your career, this article is intended to help you examine the question, «Am I reaching my potential?» This is not the same as asking, «How do I rise to the top?» or «How can I be successful in my career?» Rather, it’s about taking a very personal look at how 90019 you 90020 define success in your heart of hearts and then finding 90019 your 90020 path to get there. 90005

90004 «Am I reaching my potential?» is not the same as asking, «How do I rise to the top?» 90005

90004 To do that, you must step back and reassess your career-starting with the recognition that managing it is your responsibility.Too many people feel like victims in their careers, when in fact they have a substantial degree of control. Seizing control requires you to take a fresh look at your behavior in three main areas: knowing yourself, excelling at critical tasks, and demonstrating character and leadership. 90005

90048 Knowing Yourself 90049
90004 Taking responsibility for your career starts with an accurate assessment of your current skills and performance. Can you write down your two or three greatest strengths and your two or three most significant weaknesses? While most people can detail their strengths, they often struggle to identify key weaknesses.This exercise involves meaningful reflection and, almost always, requires soliciting the views of people who will tell you the brutal truth. Unfortunately, you often can not count on your boss to accurately assess your strengths or to be willing to confront you with what you’re doing wrong. It’s up to you to take control of this process by seeking coaching, asking for very specific feedback, and being receptive to input from a wide variety of people at various levels within your organization. This gathering of feedback needs to be an ongoing process because, as your career progresses, you will face new challenges and demands.90005
90004 Recently I met with a division head of a large professional services firm. Though he’d been a rising star for several years, he felt he’d begun to stagnate. His direct reports and his CEO no longer seemed engaged and enthusiastic in their dealings with him, and he did not know why. In our discussions, he was able to specifically describe his strengths, but when I asked about his weaknesses, he gave me fairly generic responses, such as «Maybe I’m too impatient» and «I need to raise my profile.»When I pressed him about feedback from his boss he still struggled to identify even one specific weakness. I sent him off on an assignment: Interview at least five colleagues and subordinates.
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90004 He returned a few weeks later with several «surprises.» He’d heard, for example, that while he was detail-oriented and decisive, he micromanaged, had a dictatorial style, and failed to listen. Armed with these insights, he sought coaching, started working on his flaws, and began regularly soliciting feedback from his colleagues and subordinates.A year later he reported that his effectiveness had improved as a result of these ongoing efforts, and he was once again feeling confident and optimistic about his career. 90005

90004 This type of initiative takes time, humility, and a willingness to confront weaknesses, fears, and blind spots that many of us would rather ignore. But I never cease to be impressed by the capacity of people to change and improve once they recognize their shortcomings as well as their strengths. 90005
90004 Of course, getting others to tell you where you’re falling short is not easy-particularly if they’re your subordinates.It must be done in one-on-one conversations, and you need to give potential coaches time to learn that you’re sincere. When your employees see you actually act on their feedback, they are likely to become more proactive in offering advice, because they know you value their input. Your subordinates and colleagues will also feel they have a stake in your success and that of your unit-which will make them more likely to enjoy working with you. 90005
90004 Once you have a grip on your strengths and weaknesses, your next challenge is to figure out what you truly enjoy doing.What’s your dream job? How well does it match what you currently do? Many people either do not know what their passions are or are so focused on the views of their peers that they drift into the wrong career. I was recently approached by an MBA student who wanted advice on whether to go work for a hedge fund, a private equity firm, or an investment bank. When asked whether he had an interest in financial markets, he quickly said no. He was not even sure about the key tasks that each of those jobs would entail.When asked what he would do if he had $ 10 million in the bank, however, his answer was very clear: pursue a career in the music industry. He was a concert-level musician and loved the music business. Once he recognized how much he had been swayed by his fellow students ‘bias toward the lucrative financial services industry, he realized he needed to rethink his choices. 90005
90004 The conventional wisdom about the attractiveness of various careers changes constantly. Twenty-five years ago the medical and legal professions were considered financially rewarding and socially desirable.Today, a number of doctors and lawyers are frustrated in their jobs and realize that they might have based their career choices excessively on the views of their peers and popular opinion, instead of on whether they would actually love the work. Hedge funds and private equity are today’s hot fields, but people who go into them without a strong enthusiasm for the actual tasks may find themselves starting from scratch a few years down the line. Loving what you do gives you the strength to weather personal setbacks, overcome adversity, face and address your weaknesses, and work the long hours typically needed to reach your full potential.90005
90048 Excelling at Critical Tasks 90049
90004 It’s very difficult to succeed if you do not excel at the tasks that are central to your chosen enterprise. That sounds painfully simple, but many executives fail to identify the three or four most important activities that lead to success in their job or business. If you’re a medical researcher, the three keys are likely to be conducting cutting-edge research, getting published, and fund-raising. If you manage a large sales force, the crucial tasks might be attracting, retaining, and developing outstanding salespeople; customer segmentation; and client relationship management.If you’re assessing a potential job move, you need to know what will drive success in the new position and, then, ask yourself whether you enjoy those key tasks. In your current job, identifying critical tasks helps you determine how to spend your time and develop your skills. 90005
90004 Promising leaders sometimes lose sight of this connection. Not long ago, a new division head at a large industrial company told me that he was struggling to grow sales and profits. He complained that he was spending too much time fighting fires and did not have enough hours in the day.When I asked him to identify the three main drivers of success in his business, he realized that he was not sure. He spent the next several weeks interviewing staff and customers, and concluded that success in his business depended on developing close relationships with the purchasing managers at each of his top 25 customers, putting the right people in critical sales and manufacturing leadership positions, and staying at the cutting edge of product innovation. He also realized that his division was performing poorly in all three areas.90005
90004 He proceeded to clear his calendar, force himself to delegate tasks that were less central to success, and focus on raising the bar in each of these areas. Six months later he reported that he had replaced a number of executives-including the sales manager and head of product development-and created an executive committee that met weekly to discuss critical business issues. He also reported that he’d become much more disciplined in matching his priorities (and those of his leadership team) with the keys to success for the business.Sales and profits began to improve, and he felt confident that he would resume his upward career trajectory.
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90048 Demonstrating Character and Leadership 90049
90004 While seemingly amorphous, character and leadership often make the difference between good performance and great performance. One measure of character is the degree to which you put the interests of your company and colleagues ahead of your own. Excellent leaders are willing to do things for others without regard to what’s in it for them.They coach and mentor. They have the mindset of an owner and figure out what they would do if they were the ultimate decision maker. They’re willing to make a recommendation that would benefit the organization’s overall performance, possibly to the detriment of their own unit. They have the courage to trust that they will eventually be rewarded, even if their actions may not be in their own short-term interest. 90005
90004 Being a leader also means being willing to speak up, even when you’re expressing an unpopular view.CEOs ‘proposals often generate head nodding, even from people who secretly harbor serious reservations. In reality, most chief executives desperately want dissenting opinions so they can make better choices. While emerging leaders must use good judgment regarding the tone and timing of their dissent, they also need to be aware that they can hit a plateau by playing it safe when they should be asserting their heartfelt opinions. 90005
90004 One CEO recounted to me his regrets over a recent key hire.His top three reports had each interviewed the various job candidates and expressed no major concerns about the final choice. After the new hire was on board-and had begun to struggle-it came to light that two of the three senior managers had privately held significant reservations but concluded that the CEO’s mind was made up and that speaking out was unwise. The CEO was furious. Though he recognized his own role in the mess (he vowed to more actively encourage dissent), he also lowered his opinion of the two executives who failed to express their views.90005
90004 Otherwise confident executives sometimes overestimate the career risk of speaking up and meaningfully underestimate the risk of staying silent. I encourage people to develop various approaches to help them overcome this hesitancy: For example, I’ve counseled emerging executives to save their money to build financial security and to avoid getting too emotionally attached to their jobs. Though it may seem that you’ll never find another great job, you have to have faith that there are many attractive opportunities outside your firm.90005
90004 In some cases, I advise people to become experts in some specific business area in order to build their confidence. I also encourage people to spend more time deciding what they truly believe versus trying to guess what the boss might want to hear. At work, as in competitive sports, you must play with confidence and even a little abandon. I’ve talked to several executives whose finest moments came when they gathered their courage and confidently expressed disagreement with their boss and peers.To their surprise, they found that they were treated with more respect after these episodes. 90005

90004 I have seen many people stall their careers by playing it safe. 90005

90004 Most outstanding CEOs value emerging executives who assert themselves out of genuine concern for what is best for the company. Doing the right thing is a reward in itself-psychologically in the short run and professionally in the longer run. Of course, this approach requires that you have some reasonable level of faith that justice will prevail.I have seldom seen people hurt their careers by speaking up and appropriately articulating a well-thought-out contrary position (even when it was unpopular). However, I have seen many bitter and confused people who stalled their careers by playing it safe. • • • 90005
90004 Every rewarding career will bring ups and downs, bad days, bad weeks, and bad months. Everyone will face setbacks and discouraging situations. Some people abandon their plans when they hit one of these bumps. They lose their way and ultimately undermine their own performance-and the wound is all the more painful because it is self-inflicted.The advice in this article is intended to help you avoid such self-inflicted wounds. There’s nothing anyone can do to prevent you from reaching your potential; the challenge is for you to identify your dream, develop the skills to get there, and exhibit character and leadership. Then, you need to have the courage to periodically reassess, make adjustments, and pursue a course that reflects who you truly are. 90005

A version of this article appeared in the July-August 2008 issue of 90019 Harvard Business Review 90020..90000 How Interest Works on Savings Accounts 90001

90002 Confused by the concept of interest? This video will help set the record straight. 90003
90002 It may come as no surprise that a savings account is a good place to store your money. Savvy savers know that savings accounts tend to offer higher interest rates than checking accounts. This means that with a savings account, you’re earning more money with your money. Sign me up, right? 90003
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90002 While a savings account sounds like a sweet deal, you may still be wondering: How does savings account interest work? Fair question.It’s one the puzzles many. Yet understanding how interest works on a savings account is an important part of maximizing the earnings on your hard-earned, carefully stashed, cash. 90003
90002 90013 90003
90002 We’ve got just the overview of how interest works on a savings account to get you started: 90003
90017 What is interest on a savings account? 90018
90002 At its simplest, interest is the cost of borrowing money. Generally, you’ll pay interest to borrow money, and you can collect interest when you lend money.90003
90002 But who’s going to pay you to borrow your money? For many people, opening a savings account is one of the easiest ways to go about this. When you put money in a savings account, the bank is technically borrowing the money and paying you interest in return. 90003
90002 «The bank determines the rate, although it’s affected by the general level of rates in the economy and whether the bank is trying to attract new deposits,» says Liz Weston, a certified financial planner and columnist at the personal finance website NerdWallet.90003
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90017 How does savings account interest work? 90018
90002 The interest rate determines how much money a bank pays you to keep your funds on deposit. However, Michael Griffin, a certified public accountant and finance professor at the University of Massachusetts Dartmouth, says you should use the annual percentage yield (APY) to compare savings accounts and other savings products. 90003
90002 «The simple way to look at the APY-it’s what you will get on your money,» Griffin says.Meaning, you can use the APY to determine how much you’ll actually earn in interest each year because the APY relies on two inputs: the interest rate and how often the interest compounds. Both are important components of how interest works on a savings account because they impact how much money you’ll earn over time. Your savings account interest could compound daily, monthly, quarterly or annually. 90003
90002 Suppose you deposit $ 5,000 into a savings account, do not deposit or withdraw any more money and the interest rate does not change.If the account has a 1.00% interest rate and the interest compounds annually-that is, the bank pays you interest on your balance once each year-you’ll earn $ 50 after the first year. The APY will also be 1.00% in this example because your interest did not compound multiple times during the year. 90003

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90002 If a bank offers a 1.00% interest rate on a savings account, the rate of compounding could affect the APY and your earnings, although the differences may be minor. 90003
90002 «With interest rates so low,» Griffin says, «there is not a dramatic difference in relative small balances in a savings account because of different compounding scenarios.»90003
90002 However, your earnings can increase over time, especially when the savings account offers a higher interest rate and APY, and you’re regularly depositing money into your account. 90003
90002 «When returns earn returns, your money can really start to grow,» Weston says. «Here’s an example of how compounding works: If I give you a penny every day and promise to double it, at the end of a month you would have (drumroll) over $ 10 million.» 90003
90002 You likely will not come across Weston’s deal in the wild (one can dream, right?).But lucky for savers, many banks offers savings accounts with interest that compounds daily or monthly, rather than annually. 90003
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90017 Where interest meets account fees and features 90018
90002 Understanding how interest works on a savings account and comparing the APY offered at several banks are important steps in choosing where to open an account. 90003
90002 Weston says you can often get better returns from an online savings account because online banks do not have to pay for branches and can pass the savings on to consumers.Online banks therefore «have advantages over traditional banks,» she says, «typically, no minimum account balance requirements or fees.» For example, a Discover Online Savings Account, named NerdWallet’s 2020 Best Savings Account, comes with no account fees. 90056 1 90057 90003
90002 Keep an eye out for fees, like those for overdrafts or ATMs, when you’re comparing different savings account options. These could offset your interest earnings or even cost you more than you earn. Other potential expenses include fees for bank checks or outgoing wire transfers.90003
90017 Use a savings account for your financial goals 90018
90002 So, what is interest on a savings account? Now that you’ve seen how interest works on a savings account and know what to look for when comparing accounts, you can put your new knowledge to work. Whether you’re saving for a new car, a vacation or building up your emergency fund, having a savings strategy can help you meet your goals. 90003
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90002 Weston says without a minimum deposit requirement, you could use online savings accounts and «set up as many accounts as you like and name them for different goals: vacation, holidays, property taxes and so on.»Separating your funds into different accounts earmarked for specific purposes can make it easier to resist temptations to spend randomly, which can ultimately help you reach your financial goals sooner. 90003
90002 If you want to focus all of your efforts in one place, another option is to have one account where you keep all of your savings. You could then use a spreadsheet to categorize your funds by bills, expenses or financial goals. 90003
90002 These are just two examples. Have a different idea about how to organize your savings? Try it out.As long as you’re progressing toward your goals, and using your newfound understanding of how interest works on a savings account, you’re headed in the right direction. 90003
90002 90056 1 90057 Outgoing wire transfers are subject to a service charge. 90003
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