Where do people live longer?
There are some countries in the world know by the longevity of their inhabitants. But where do people in general terms live longer? Would you maybe be able to increase your life span by moving to another country? Find out where and why people live longer by clicking this link.
How to handle frustration and anger
Can compassion and curiosity be a solution for situations where almost all times managers are answering with frustration and anger? Find out the answer by clicking here.
How to identify a family friendly employer?
If you are looking for a new job and have family and kids, these suggestions might be really interesting for you. Click here and find out more about how to identify a family friendly employer.
Further to the ideas discussed in the article, I would also suggest to visit the site Kununu, where you will be able to read opinions about companies coming from their employees and job candidates.
Enjoy your research!
Cost of Living
Have you ever wondered what is the cost of living in different cities in the world? There is a good site to evaluate it called Numbeo, which is the world’s largest cost of living database and compares it around the world with structured data and indices. Numbeo’s main characteristics:
- provides many free information about consumer prices
- allows a person to estimate their own expenses
- uses the wisdom of the crowd to get the most reliable data
- provides a system for various systematic research on our big dataset
Among other features, the database shows the following:
Cost of Living Index (Excl. Rent) is a relative indicator of consumer goods prices, including groceries, restaurants, transportation and utilities. Cost of Living Index does not include accommodation expenses such as rent or mortgage. If a city has a Cost of Living Index of 120, it means Numbeo has estimated it is 20% more expensive than New York (excluding rent).
Rent Index is an estimation of prices of renting apartments in the city compared to New York City. If Rent index is 80, Numbeo has estimated that price of rents in that city is on average 20% less than the price in New York.
Groceries Index is an estimation of grocery prices in the city compared to New York City. To calculate this section, Numbeo uses weights of items in the “Markets” section for each city.
Restaurants Index is a comparison of prices of meals and drinks in restaurants and bars compared to NYC.
Cost of Living Plus Rent Index is an estimation of consumer goods prices including rent comparing to New York City.
Local Purchasing Power shows relative purchasing power in buying goods and services in a given city for the average net salary in that city. If domestic purchasing power is 40, this means that the inhabitants of that city with an average salary can afford to buy on an average 60% less goods and services than New York City residents with an average salary.
Important! These indices are relative to New York City (NYC). Which means that for New York City, each index should be 100(%). If another city has, for example, rent index of 120, it means that on an average in that city rents are 20% more expensive than in New York City. If a city has rent index of 70, that means on average rent in that city is 30% less expensive than in New York City.
Would you like to learn German online and at no cost? Go ahead and look for a course in different languages from Deutsche Welle (“German Wave”) by visiting this site!
UBS Global Real Estate Bubble Index
This index analyses residential property prices in 25 major cities around the world. In the 2020 edition, the major points are the housing markets of some of the cities on the list, the impact of the coronavirus pandemic and its potential long-term adverse effects on urban housing.
The bubble risk is elevated in Toronto, Hong Kong, Paris and Amsterdam. Zurich is a new addition to the bubble risk zone. Among all evaluated cities, Munich and Frankfurt were evaluated with the greatest bubble risk. Find out why reading the analysis in English here or in German here.
How will you measure your life?
Hey, this is a hard question! How will you measure your life? If you want to find hints to the answers of the following questions:
First, how can I be sure that I’ll be happy in my career?
Second, how can I be sure that my relationships with my spouse and my family become an enduring source of happiness?
Third, how can I make sure I live a life of integrity? Though the last question sounds lighthearted, it’s not.
Find out why by reading the full article.
Cultural differences you need to be aware of before you emigrate – part two
Columnist: Lucas Migray
If you would like to read the part one of this series, please go ahead and click here.
Today we would like to take another look at the topic of culture, namely we will look again at some cultural differences that play a major role in success in another cultural area, this time, according to studies by the Dutch cultural scientist and social psychologist, Geert Hofstede. Since it is a very long topic, we will only look at two subitems today.
4. Power Distance Index
The Power Distance Index measures attitudes toward inequality and respect for authority. Power distance is thus “the extent to which the less powerful members of a country’s institutions or organizations expect and accept that power is unequally distributed. ((Hofstede (1991), p. 38).
The power distance index values for some countries (after G. Hofstede (2006), p. 56):
South Korea 60
The greater the number, the greater the power distance between a superior and a normal employee. Let us now take a look at the main differences between companies with low (g) and high (G) power distance:
g – Inequality among people should be as small as possible; G – Inequality among people is expected and desired
g – Tendency towards decentralization; G – Tendency towards centralization
g – Employees expect to be involved in decisions; G – Employees expect to receive instructions
g – The ideal superior is the resourceful democrat; G – The ideal superior is the benevolent autocrat or kind father
g – Privileges and status symbols meet with disapproval; G – Privileges and status symbols for managers are expected and popular
Hofstede: Local Action, Global Thinking, 1997, p. 46
5. Individualism Index
Individualism describes societies in which the bonds between individuals are loose: everyone is expected to provide for himself and his immediate family.
Its counterpart, collectivism, describes societies in which the individual is integrated from birth into strong, closed groups of us that protect him throughout his life and demand unconditional loyalty in return. A high IDV stands for a strong individualism. (See Hofstede (2017)).
Individualism index for some countries, according to Hofstede:
South Korea 18
These are the main differences between collectivist (K) and individualist (I) societies:
K – People are born into extended families or other we-groups that continue to protect them and in return receive loyalty; I – every person grows up to care exclusively for himself and his direct (core) family
K – Identity is rooted in the social network to which one belongs; I – Identity is founded in the individual
K – Relationship has priority over task; I – Task has priority over relationship
K – Collective interests dominate over individual interests; I – Individual interests dominate over collective interests.
K – Children learn to think in terms of the “we”; I – Children learn to think in terms of the “I”.
It helps one to know whether a society is collectivist or individualistic, and also whether there is a large or small power distance. Above all, it helps you to be able to adjust to it and thus to adapt to the way of thinking of this society and to integrate better and faster.
Success Brings Happiness? No. Happiness Brings Success
Do you want to know more about Shawn Achor’s view on long term job success?
According to him, success on a long term at work depends on:
- Optimism (the belief that your behaviour matters in the midst of challenge)
- Your social connections (whether or not you have depth and breadth in your social relationships)
- The way you perceive stress (see problems as challenges, not threats)
If you would like to read more and watch a video on his ideas, click here.