Why you should consider a career in the medical technology manufacturing industry

smartphone and stethoscopeHave you ever wondered where schools and laboratories get their beakers, pipettes, cell cultures, and other equipment from? Probably not, but medical technology manufacturing companies are actually an important part of the healthcare industry! These companies produce the tools necessary for scientists and researchers to do their jobs successfully. They are also a great place to work, as there are many rewarding job opportunities to choose from. Here are some reasons why a job in the medical technology manufacturing industry could be right for you:

You Can Make a Difference

Knowing that your work is meaningful and impactful can greatly improve your satisfaction and happiness with your career. At a medical technology manufacturing company, you can help develop, produce, or distribute essential laboratory products, life-saving medical devices, or medical equipment. These products are crucial for the development of new healthcare innovations and treatments. Whether you are part of the engineering team or the warehouse distribution team, you can play an important role in improving the world’s health.

No Medical Expertise Required

Although you might think that a medical technology manufacturing company only has the need for scientists or engineers, they actually need a wide variety of staff to make the operation successful. For example, a laboratory equipment manufacturer such as Greiner Bio-One requires technicians, machine operators, warehouse workers, quality control operators, sales managers, financial advisors, and more. With this flexibility, it is possible to still play a role in helping colleges and laboratories get the equipment they need without directly creating or distributing the tools yourself. Whether you have a medical background or sales background, there are plenty of opportunities for you to find a place at a medical technology manufacturing company.

Lots of Travel and International Opportunities

Due to the large size of many medical technology manufacturing companies, it is possible to find a job anywhere in the world. This means you could relocate to another country temporarily or long-term. Alternatively, many positions such as sales, finance, or management allow remote work with regular travel to manufacturing plants around the world. This can be a great opportunity to explore Germany, the Netherlands, China, or the United States for free!

 

In addition to being able to make a difference, choose from a variety of positions, and travel internationally, working at a medical technology manufacturing company can also yield high salaries. Of course, your income will depend on the position you choose. Typically, if you have a medical school degree, you can attain a much higher earnings potential. However, top-level sales, marketing, or management positions can also earn high salaries.

 

No matter your background, you can find a place in the medical technology manufacturing industry. Check them out today!

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Common life insurance terms that you NEED to know for your business

What is life insurance? Forbes contributor Esther Shaw provides a to-the-point definition, describing life insurance as “a type of protection designed to help your loved ones cover mortgages, debts and day-to-day expenses when you are no longer around.”

Therefore, it makes sense to consider opting for life insurance to not only cover yourself as a business owner but also look out for the financial welfare of your employees’ dependents. However, any talk about life insurance can be strewn with initially bewildering jargon – like the phrases defined below…

“Term life insurance”

 This is so-called as it only remains valid for a specific period of time as detailed in the policy terms and conditions. While it would provide your loved ones with a lump sum payout in the event of your death, the life insurance policy would be rendered useless if the term expired before a claim is made.

In other words, once the term has expired, all of the premiums previously paid into the policy would essentially be lost – but the policy’s usefulness could depend on what type of term life cover it is.

“Decreasing term life insurance”

With this type of term cover, the amount that would be paid out upon your death will decrease over time. This means that, if you die earlier in the term, your family will get a larger payout than they would if you were to die nearer to the term’s expiry date.

Hence, a Business Advice article advises that you could use this insurance to cover outstanding debt the balance of which would fall over time.

“Increasing term life insurance”

Naturally, this is the opposite of decreasing term life insurance – meaning that, over time, the payout will grow. Over the length of the policy, this payout will rise by a fixed amount every year. As a result, this insurance could help you to protect your business assets against the cost of inflation.

However, as the policy would still run out at the end of the specified length of the term rather than upon your death, you might prefer to instead consider…

“Life assurance”

You might often see this term being used seemingly interchangeably with “whole-of-life cover”. In either case, the reference would be to a type of life insurance intended to run for the rest of your life.

For this reason, your loved ones would be guaranteed a payout. Hence, opting for a whole-of-life policy would, despite the relatively high expense of choosing this over term cover, would also remove a lot of the risk attached to that temporary type of life insurance.

“Group life insurance”

A glossary of life insurance terms published by Business Insider describes this as thus: “Employer-provided life insurance that is usually offered for free.” However, any employee who is discharged from, retires from or quits the company will lose coverage.

So, by offering employee life insurance of this description, you could show your commitment to fostering your employees’ financial wellbeing while also inspiring these workers to remain loyal to your business.

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How to Multitask Without Sacrificing Business Quality

Did you know that only 2% of people can truly multitask? If you are part of the 98% that can’t really multitask but want to learn more about how to multitask with business, you are in the right place. We have put together this quick guide sharing our top business tips to help you multitask without sacrificing quality.

Keep reading to learn more about how you too can multitask successfully.

  1. Plan Ahead of Time

Planning ahead of time will help you when it comes to multitasking. Instead of waiting until you are in the middle of a task to decide to do something else make a list of all your tasks.

Then take your list and put the tasks that are compatible with each other so that you can tackle them at the same time. Putting tasks that you can work on at the same time will help with keeping data integrity controls in place. For example, if you are working on social media plans for different clients, keep the clients with similar content together.

If you are going to have your mind jumping from one task to the other, those tasks need to have something in common in order for you to not feel like you “fried” your brain. Keep in mind that your short-term memory can only handle so much and it is possible to overdo it and end up getting nothing accomplished.

Trying to wing multitasking is not possible which is why you need a plan. Multitasking is not something that you do with zero effort, you will need a well thought out plan that will help avoid important tasks from falling through the cracks.

  1. Time 

Another tip to multitasking is to divide your time. Set a specific time during your workday to finish the tasks that are your core responsibilities for that day. These core tasks should take precedence over everything else.

Then set the rest of the time to finish the tasks that are not as important but still have to get done. Dividing your time correctly will ensure that you always complete the work that you can’t compromise no matter what.

Also, set a certain time to check your emails and texts instead of checking them throughout the entire day.

  1. Manage Distractions

Technology has certainly helped us in the workforce but at the same time, it has created major distractions in the modern workplace. From social media to videos to blog posts it is so easy to get distracted and forget what you were doing.

You also want to avoid taking any phone calls or dealing with noisy coworkers during work hours. In order to complete multiple work tasks efficiently, take your work to a quiet space or into a conference room if your current work area is noisy. If you do not need your phone in order to work then turn it off or put it on silent to avoid this major distraction as well.

Take the time to turn off email notifications text alerts, etc. unless your position requires you to constantly check these notifications. The truth is that distractions are your enemy when you are working because even if you are tackling one simple task you can make a mistake when you are distracted.

  1. Focus

Create a to-do list every morning or the night before to avoid losing track of the tasks that have to get done. Put the tasks in order from most urgent to least important. Having this list will make it easier to stay focused and not forget to do something really important.

Keep this to-do list visible at all times. If your office is normally chaotic then you have to place this list in a spot where you will see it at all times. You might want to also color code the urgent tasks in order to give yourself enough time to complete them.

Some people work better when they have a certain type of music on. If this is you, then do not be afraid to wear a headset and use music to increase your focus.

  1. Downtime Is Your Friend

When you are multitasking it gets in the way of your memory. You are in essence interfering with noticing new information that comes across. For example, if you try to recall what you learned during a meeting with a client you will probably draw a blank because your brain was a bit tied up doing multiple tasks at once.

For this reason, you want to utilize your downtime wisely. Take those quiet moments to review notes from meetings, re-read any important documents you were given throughout the day, etc. Do not just read over everything and forget it, instead explain it back to yourself to make sure you truly comprehend it and remember it later on.

  1. Use Tools

You might want to add some tools to your toolbox to help you accomplish more than one task at a time. A popular app to help with multitasking is called Trello. This is a simple and easy to use application where you have the ability to store your tasks and keep up with them.

Now You Know How to Multitask Effectively

We hope that now that you have our top tips on how to multitask you can start applying them right away. Remember that multitasking is certainly not about working harder but instead it is about working smarter.

Did this article help you out today? Please continue to browse the rest of this section for our latest business reads.

How to Balance University with Childcare

As a mum, it can seem like you don’t have time for anything. Often the main carer in the family, you may find your time occupied by washing and feeding the child, taking them to kindergarten or school, making sure they do their own tasks and cleaning up after them.. After all that, we don’t blame you if all you want to do afterwards is pour yourself a large glass of wine and watch TV. We are more than just mums, however, with plenty of personal and professional aims of our own.

It is well-known that mums often exit the workplace after taking on child-caring responsibilities. In the USA for example, 43% of women with children leave the workplace. There are ways to get back on that horse, however, including re-training, returning to old jobs and branching out with new experiences and opportunities. One key way could be learning a new degree, but the question you may be asking yourself is: can I balance both university education with childcare?

The simple answer is: yes. The longer and more difficult answer is: yes, but with a lot of planning and working around your own schedule.

Consider a Part-Time Course

There’s no need to dive straight into an intensive one year or three year course. Universities offer the opportunity to take part in longer part-time courses that work around your busy schedule. If you have a young child that you can send to bed early, then there’s no reason why you can’t then use that free evening to get on some courses. The added benefit of a part-time course is it spreads costs out over a longer time, allowing you to find a budget that works for you and doesn’t interfere with providing for your child.

Consider Online Learning

Online learning has grown in popularity in recent years, and is seeing a higher uptake in enrolment year on year than traditional learning. At an institution such as https://www.marianuniversity.edu/, you can take courses fully online, meaning that you can work it around your schedule as opposed to having to spend time and money commuting and attending in-person lectures. The little one may have an emergency that needs to be attended to mid-studies, but at least with an online course you will be able to attend to that quickly and swiftly before getting back into your work.

Lean on The Help of Others

Never be afraid to ask for help. Whether it’s contacting friends or family to look after your child, or looking into government programs in your area that assist with mothers returning to education, fully survey your options to make your university education a success.

This is also the time when your partner should be stepping up and taking on more parental responsibilities. Perhaps they have some time-off that they haven’t taken this year, or they have the flexibility to work from home. Have a long discussion with them in order to see what they can do to make your university education a much less stressful experience.

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Market Research: How to Know Exactly What Your Customers Want Prior to Developing the Product

Before a company rolls out a new product, they often turn to market research and sometimes utilize the services of marketing research companies prior to development. There a few different ways to go about doing market research, and the manner used may depend on the product being offered and the ideal customer base. This article will go over a few different options for market research so a company can make sure their product has a chance at being a winner.

Quantitative Research is a Marketing Science

When it comes to marketing topics such as beauty market research, companies may need to get the customer’s opinions prior to product development. Aspects they may need customer opinions on include topics such as makeup shades, the case the makeup comes in, or even the scent of the makeup item. Marketing companies offer quantitative research services and help companies analyze data and statistics so that they can make an educated decision when it comes to producing and marketing new products.

Data used in marketing research can include information from competitors. By analyzing the product sales and trends of some of the competition, a company can see if the product is a good seller or not. While doing research, it’s important to determine if the product will be unique or if there are already similar products out on the market. Another question to research prior to production is what the price point should be. If it costs three dollars to make a product and the marketing research has found that the price point of the item should be two dollars, this can let a company know that the quantitative research has shown that producing this product could be a bad investment.

Get the Marketing Opinions of The Right People

Make sure that the right type of customer is being heard. For example, there’s really no point in getting an elderly gentleman’s opinion on lip gloss if the target audience is teenage girls. It makes much more sense to make sure the opinions are coming from the type of people who the manufacturer believes will end up purchasing the item or product. This is why many companies ask for the customer’s demographic information before capturing customer opinions. Marketing companies may ask for a person’s age, gender, income level, level of education, their highest level of education, marital status, and more just to make sure they are targeting the right person and listening to the right opinion.

Why Market Research is Important

It’s important to do market research before producing a new product, as product production isn’t free. If a company spends all of its funds developing a new product and then the product doesn’t sell, the company’s money has been wasted. Market research can mean the difference between a company going under due to bad investments and a company flourishing in profits as they developed products that customers are excited to buy.

In conclusion, marketing research is a fascinating science that a company should utilize prior to developing new products. This can help determine if the item will be profitable or if the company should move on to developing a different product. If a new business finds the process overwhelming, there are professional marketing companies out there that can be of help in collecting customer opinions and organizing marketing data.

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