High Vacancy Rates Leading to Excess Office Space

By Andre Nixon

Job Vacancy Indonesia, Employee, Vacancy 

There is currently an excess of office space in Las Vegas leading to a high rate of vacancy. The rates are in the range of 17 to 19% which is very high. The financial meltdown in U.S had affected the real estate domain pretty badly, leading to shrinkage in demand of office space in Las Vegas. In the year 2008, the work space required touched a low figure of 637,800 square feet. People need to wait till the end of 2010 for the vacancy rates to get lower and approach the normal rate of 10%. New office products are already being visible online in the current year which is a healthy change from the past year. With so much work space lying vacant, the construction work of many executive office suites has naturally been kept on hold.

The vacancy rates have already started to decrease and new employment opportunities are being created gradually. With the currently pending constructions works again being started, one can expect many of the ongoing projects to be completed within the next 9 to 12 months. The market is thereby expected to stabilize along with recovery in all the major industrial and financial domains. With the prevailing uncertainty, offices owned by banks are involved in most of the sales being done now. Banks are also trying to seize this opportunity by concentrating on sale of office space in Las Vegas. They are enhancing their portfolios with competition from the private players being less. The private bodies / individuals are waiting for the situation to be better.

It is worth mentioning that in 2008 the commercial real-estate markets were facing a major credit crunch. But in the current financial year, the previously hesitant financial institutions are offering real-estate loans to those possessing adequate quantity of equity and having a good credit / business history. Currently the credit card companies are following a safety-first approach and keeping their money intact. The earlier they start relaxing this approach the faster can the business recovery in office rental and office space be achieved. The average rental charge of office space in Las Vegas is about $2.5 per square foot. Many projects have already been completed, like the 65,000 square-feet Hughes Airport Center, the 144,300 square-feet Eastgate Plaza II (Houston), etc.

Commercial offices are right now apprehensive of buying any office properties and are rather willing to get office space on lease. With every passing day, one can notice an improvement in the housing market situation. Executive office suites are mainly being provided in Henderson, Summerlin, Central Vegas, and near the airport. The highest vacancy rate was noticed in the northern part of Las Vegas with figures touching an abysmal 31.6%. Although any category and size of business can get office space in Las Vegas, commercial / business real estate is not much in demand in downtown Las Vegas. Shared office space, temporary work space, furnished units, serviced units are all provided in Las Vegas by the real estate agents / brokers. Monthly and short-term lease options are being preferred by businesses rather than long-term leases.

DA Promotion Board Vs Vacancy Promotion - Field Grade Officer Promotion Tips

By Charles Holmes

Job Vacancy Indonesia, Employee, Vacancy 

In the Army National Guard, Field Grade Officer promotions happen two different ways. They are known as: DA Boards & Vacancy Promotions. Let's cover them in a little more detail below.

Vacancy Promotions: In my opinion, vacancy promotions are the fastest and easiest way to get promoted in the Army National Guard. Here's how it works. Several months before you meet your minimum time in grade requirements, you should seek a position in the next higher grade.

For instance, if you are a Major, you should begin looking for a Lieutenant Colonel slot once you have been a Major for at least three and a half years. That way, when you meet your minimum four year time-in-grade requirements, you can submit a state-level promotion packet.

At this point, your state will convene a promotion board to review your packet. Once they approve your promotion, you will get a promotion order and your promotion packet gets forwarded to National Guard Bureau to begin your Federal Recognition (FED REC) process. The FED REC process takes 3-4 months (normally). Once your FED REC process is complete, you will receive a NGB (Federal) promotion order.

Since you are already in a position in the next higher grade, you will get promoted. That's how simple it is.

DA Promotion Board: Each year, the Department of the Army holds promotion boards for Army, Army Reserve, and Army National Guard Officers. Each promotion board selects a group of officers based upon their date of rank. For instance, the DA Promotion Board might review Captains with a date of rank between January 2005 and August 2006.

At this point, the Department of the Army identifies all officers that fall into that date of rank category. Prior to the start of the board, officers are notified via mail and/or email that their packet will be presented to a DA Promotion board on a specific date.

Next, officers have the responsibility to ensure their packet is updated and current. They must get a new DA Photo, ensure their DA Form 2-1 is accurate, and update their records to include awards, OERs, etc. Most promotion boards provide a checklist for the officer to follow.

On the day of the DA Promotion Board, the DA Promotion Board reviews the packet of each candidate to ensure they meet minimum Army education standards, civilian education standards, APFT and Height/Weight Standards, etc. They also review the DA Photo to validate that it is accurate and current. Finally, they review the Officer Evaluation Reports to evaluate performance and potential.

At the end of the DA Board, the DA Board publishes the results.

In one respect the Active Duty Army and Army National Guard handle promotions differently. In the Active Duty Army, you receive a sequence number when you are selected at a DA Promotion Board. Everyone is given a sequence number. A sequence number is similar to an Order of Merit List. The list starts with #1 and ends with the last officer on the list. When their number comes up, they get promoted. Also, the Army finds them a job in their next higher pay-grade.

Unfortunately, the Army National Guard handles things differently. First of all, you do not get a sequence number. You get a letter of selection for promotion, BUT you must still find a unit vacancy within your state. If you can't get a slot, you won't get promoted. There are many officers who were selected for promotion by a DA Promotion Board, but never got promoted because they couldn't find a slot.

Career Change For Teachers - Ways To Choose Better Options

By Abhishek Agarwal


Job Vacancy Indonesia, Employee, Vacancy  

A Career change for teachers can lead to plenty of soul searching about the options available for employment and the skills required for securing a new job. There can be several reasons for a teacher to want to change career after a few years in teaching. For some it may be stress due to teaching in person; for others it could be because of sheer boredom. While for most teachers job satisfaction is high and they enjoy their interaction with the students, in some cases the environment at the school itself may change, leading to stress and a subsequent desire for career change among teachers. In other cases, they may want to explore options in the outside world and find out if something will be more rewarding according to their temperament and ability.

Most often, a lateral move is possible, if seeking a career change for teachers. Instead of teaching in person, they can shift to teaching the people that are pursuing distance education, to writing of books or in development of curricula. If seeking a change due to environmental reasons, the options include giving private tuition. If the teacher wants a change from personal interaction, then syllabus and course development could provide the desired career change.

However, if the teacher wants to leave the profession of teaching completely, then the person has to consider the transferable skills and seek out job options in other fields. A teacher will inevitably have excellent communication skills, ability to conduct research, administration ability and interpersonal skills. All these are useful in several fields. If at all the teacher needs new skills to find a new job, there are several courses available for skill development.

Career change for teachers can be facilitated because of their interaction skills. Instead of working with young students, they may choose to work with elderly people or in a job that requires interface with the public, such as in a call centre. Woodwork, art, horticulture, and writing are other fields that utilise the mental capability of the teachers and provide avenues for creativity. Career change for teachers is relatively easy with some retraining, as they have a number of skills that are used to develop young minds and can be used in other jobs with equal ease.

Skills in communication and teaching can also be used to move to a career of a trainer, to train new recruits at their organisation. Thus, while doing away with the stress part of teaching, they can still effectively use the skills that are necessary to teach successfully. The years of experience stands them in a good stead and need not be wasted at all. A qualified teacher can be employed easily. With just a little training, career change for teachers can open several new options for them.