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Design, analytics and programming among top skills required for entry-level roles in India: LinkedIn data

  • LinkedIn data reveals that design, analytics, and programming are top skills for entry-level roles in India. Fresh graduates find abundant opportunities as Software Engineers, System Engineers, and Programming Analysts.
  • The fastest-growing industry for these graduates is Utilities, followed by Oil, Gas, Mining, Real Estate, Equipment Rental Services, and Consumer Services.
  • Other rapidly growing fields include Community and Social Services, Legal, Marketing, and Media. LinkedIn's Nirajita Banerjee advises job seekers to stay updated on trends, strengthen skills, and network. 
  • Flexible work arrangements are increasing, with hybrid positions up 52% and on-site roles down 15% year-over-year.

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'Quiet firing': How to identify the layoff tactic of companies in India

  • Indian companies, especially in the IT sector, are resorting to 'quiet firing,' subtly pushing employees to resign to avoid severance packages.
  • This tactic, aimed at cutting costs, creates a toxic work environment through overwork and stalled promotions. In 2023, around 20,000 tech professionals in India lost jobs through such silent layoffs.
  • Signs include altered job responsibilities, unfair evaluations, and lack of career discussions. This trend mirrors global patterns, with companies worldwide resorting to similar cost-cutting measures amid economic uncertainties, highlighting the challenges faced by employees in navigating today's job market.

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Bill Gates wishes he learned this lesson from Warren Buffett sooner

  • Bill Gates regrets not adopting Warren Buffett's light calendar earlier, realizing productivity doesn't require a packed schedule.
  • Previously, he viewed sleep as laziness, pushing himself and his staff to extremes. Buffett's approach, with empty days for reflection, inspired Gates to prioritize balance.
  • Now valuing sleep and hobbies, Gates shares his journey to a healthier work-life balance. Reflecting on Buffett's wisdom, Gates advocates for intentional time management. In a world focused on productivity, Gates' shift highlights the importance of downtime.
  • This revelation underscores the value of a balanced life, echoing Buffett's timeless lesson: time is priceless.

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The FishmanAF Newsletter

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Why Play is Important At Work

  • Play-based education helps children develop problem-solving skills, creativity, social skills, and a deeper understanding of the world around them.
  • Emphasis on creativity and innovation encourages kids to use their imagination, think creatively and learn from experimentation.
  • Inside of a company, identifying creative solutions and pivot is crucial and innovation should be rewarded by management.
  • Experiencing trial and error, learning from experimentation, and celebrating failures help build a culture of innovation and learning inside the company.
  • Inculcating social development, sharing, negotiation and collaboration help build a strong collaborative culture inside a company.
  • Implementing structure with flexibility and autonomy is essential, providing a measurable goal, and refining roles with cross-functional teams.
  • Leaders play a crucial role in creating the right environment for innovation and learning by practicing situational leadership.
  • Managing in micromanagement and over-escalation could create cultural problems in an organization.
  • Building a more playful approach in corporate environments can increase creativity, encourage experimentation, promote collaboration, and provide a suitable level of leadership.

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What is 'busy bragging' at work and why your colleagues might not like it

  • A study in Personnel Psychology reveals that employees who frequently engage in "busy bragging"—boasting about being overwhelmed with work—are perceived negatively by colleagues.
  • This behavior, also known as "performative anxiety," aims to showcase dedication but often backfires. Jessica Rodell, the study's lead author, notes that such stress-bragging makes individuals appear less likable and competent.
  • Evaluations of hypothetical colleagues showed that those who complained about stress were viewed unfavorably compared to their positive peers. Therefore, constantly highlighting busyness can diminish workplace likability and perceived competence.

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Self-made millionaire Ramit Sethi says ‘invest 10% of your salary every year’. Here's why

  • Self-made millionaire Ramit Sethi advises young professionals to invest 10% of their salary each year and increase this by 1% annually to become multimillionaires.
  • He recommends starting with low-cost index funds, which diversify investments across a wide range of companies, and have lower costs than actively managed funds. Sethi emphasizes the importance of beginning early to benefit from compound interest.
  • For those who find 10% too steep, he suggests starting with what they can afford and gradually increasing the amount. Starting investments early, particularly from one's first job after college, sets a foundation for long-term financial growth.

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5 Must-Have Skills To Remain Employable In 2024

  • Strategic Thinking: This involves creative and critical analysis to solve complex problems, a skill AI cannot replicate.
  • Intentional Communication: Clearly articulating ideas with purpose helps in effective collaboration and achieving common goals.
  • Data Skills: Transforming raw data into actionable insights is essential across all industries for making informed decisions.
  • Leadership: Motivating and guiding teams, especially in leaner setups, is crucial for achieving success under tight deadlines.
  • Sense of Humor: Enhances workplace culture and team dynamics, making you a more valued and likable colleague.

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Five Must-Ask Questions To End Your Job Interview On A High Note

  • Understanding Company Culture: "Can you describe the company culture?" This helps you determine if it aligns with your values.
  • Inquiring About Team Dynamics: "Can you tell me about the team I’d be working with?" Shows your interest in teamwork and integration.
  • Measuring Success in the Role: "How do you measure success in this role?" Demonstrates your goal-oriented mindset.
  • Exploring Opportunities for Growth: "What are the opportunities for professional development?" Signals your long-term interest and ambition.
  • Identify difficulties you might face. Try: "What are some big challenges in this role?".

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Steps to Take if You Don’t Get the Pay Raise You Want

  • Evaluate Your Performance: Assess if you've met or exceeded your goals. Understand if the denial was due to company finances or personal performance.
  • Build Your Case: Prepare evidence of your achievements, salary benchmarks, and comparable job offers to discuss with your manager.
  • Negotiate Benefits: If a pay raise isn't possible, negotiate for additional benefits like more vacation days, flexible hours, or professional development opportunities.
  • Seek Feedback: Constructively discuss with your manager to understand the reasons for the denial and areas for improvement.
  • Plan Ahead: Focus on future goals and career development to strengthen your case for the next review.

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Are you using ChatGPT to write your resume? Here’s what the experts say about AI-generated job applications

  • AI tools like ChatGPT and Gemini are popular among Gen Z for crafting job applications, but they come with drawbacks. Employers, receiving identical cover letters, suspect AI use.
  • Canva reports 45% of jobseekers globally use AI for resumes. However, according to a Resume Genius survey 53% of managers dislike AI-generated resumes, seeing them as a red flag.
  • Shoshana Davis, a career consultant, advises using AI as a supplement, not a replacement, in job searches. It's useful for interview prep and research, but relying solely on AI risks missing personal touches crucial for impressing recruiters. Balance technology's aid with human authenticity for job application success.

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Ex-Google Recruiter Says "Boring" Resumes Can Get You Hired

  • Stefanie Fackrell, a former recruiter for tech giants like Google and Apple, advises job seekers to keep their resumes "boring" and classic.
  • She discourages the use of colors, charts, or graphics, emphasizing clarity and readability. Fackrell urges candidates to focus on achievements rather than daily tasks, keeping resumes concise within two pages.
  • Avoiding mere job duties, she highlights the importance of showcasing significant contributions.
  • Fackrell also suggests including complete employment dates on resumes. Her ultimate advice: simplicity and clarity in resumes are key to standing out in a competitive job market.

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Top LinkedIn Profile Hacks That Help Recruiters Find You

  • Utilize The Skills Functionality: Maximize your profile's visibility by optimizing the skills section with specific and relevant keywords.
  • Engage With Places Where You Want To Work: Increase your chances of being noticed by recruiters by interacting with the company pages of your desired employers.
  • Utilize The Open To Work Feature: Privately signal your openness to new opportunities using LinkedIn's "Open to Work" feature.
  • Upload Your Resume To LinkedIn: Enhance your discoverability by uploading your resume and enabling sharing with recruiters.

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Software engineers with AI skills are earning 50 per cent more than non-AI engineers

  • In 2024, AI software engineers in the U.S. earn significantly more than their non-AI counterparts, with median salaries reaching $300,000, according to Levels.fyi.
  • The wage gap has widened to 50% from 30% in 2022, reflecting the high demand for AI expertise. Companies like Cruise pay AI engineers a median salary of $680,500, showcasing the premium placed on these skills.
  • To attract top talent, firms offer lucrative packages, equity, and bonuses, sometimes up to $1 million. Major tech companies such as Google, Microsoft, Amazon, and Meta are fiercely competing for AI talent through acquisitions, poaching, and educational investments.

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Lenny's Newsletter

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Unorthodox frameworks for growing your product, career, and impact | Bangaly Kaba (YouTube, Instagram, Facebook, Instacart)

  • Bangaly Kaba, a growth advisor to several companies who has also been the head of growth at Instagram and has worked at Facebook and YouTube, shares frameworks that can help grow your career. He suggests that to advance your career, you should focus on creating impact which is the result of multiplying environment (manager, resources, team, scope, compensation, and culture) with skills (communication, leadership/influence, strategic thinking, and execution) that you have control over. Kaba explains the adjacent users' theory, which is the theory of unlocking new stages of growth. Adjacent users are the next segment of people who can benefit from your product but are not quite converting and retaining as you’d hope, and can be identified by looking for cohorts that show signals that your product is almost a fit. It is essential to understand superior work before executing on a product idea and invest in understanding pain points, alternatives, and opportunities through data analysis, user feedback, or data instrumentation, which leads to higher experiment win rates over time. Kaba advises viewing product management like coaching a sports team where team success depends on individual players' success and investing time in coaching enhances the leader's effectiveness in their role.
  • Kaba highlights that challenges can arise when a team wants to make a change, and for solving them, he suggests the 'Managing Complex Change' framework. It identifies the five things that a team needs to change that are vision, skills, incentives, resources, and action plan. Missing any of these items can result in a negative outcome instead of the intended outcome regarding change. For example, missing vision leads to confusion, and missing the right incentives leads to resistance. Kaba suggests that product managers can make excellent coaches and team leaders like sports coaches.
  • Kaba's advice for companies looking to grow is to understand the adjacent product users, and his experience at Instagram and Facebook has been productive in this area. He shares lessons he has learned from his time at YouTube, Facebook, and Instagram, including the importance of understanding superior work and how it can help you drive growth. It is crucial to evaluate the environment you work in, and targeting the next segment of people who can benefit from your product but are not quite converting and retaining as you’d hope can be the key to unlocking new stages of growth.
  • Kaba's tips for successful product management are understanding that not everyone needs to be a star player but should play a critical role in achieving team success. He emphasizes investing time and effort into coaching and developing team members which enhances the leader's effectiveness in their role. Kaba suggests investing up front time in understanding what is happening in the product through data analysis, user feedback, or data instrumentation before executing on an idea, which can lead to more exceptional experiment win rates over time.
  • Kaba advises on balancing the importance of time invested in understanding pain points and executing on a product idea. He explains that understanding adjacent users can help unlock new stages of growth, and catering to a new set of users may require building new products.
  • Kaba explains that to grow companies, you should identify adjacent users, and the understanding superior work can help you drive growth.
  • Kaba discusses some valuable lessons he learned from his time at Instagram, including how the company employed SEO and partnerships in its early growth and the role of value proposition in driving growth. The success of individual team members reflects back on the leader; hence investing time and effort into coaching and developing team members not only benefits them, but it also enhances the leader's effectiveness in their role.
  • Kaba stresses the importance of investing time up front in understanding what is happening in the product before executing on an idea and how the up-front investment will result in high experiment win rates. He also suggests that product managers can make excellent coaches and team leaders like sports coaches.
  • Kaba suggests viewing product management like coaching a sports team where team success depends on individual players' success and investing time in coaching enhances the leader's effectiveness in their role.
  • Kaba advises companies to understand adjacent users and shares lessons from his time at Facebook, Instagram, and YouTube. He highlights the importance of evaluating the environment you work in and targeting the next segment of people who can benefit from your product but are not quite converting and retaining as you’d hope key to unlocking new stages of growth.
  • Kaba emphasizes that success in product management reflects back on the leader; hence investing time and effort into coaching and developing team members not only benefits them, but it also enhances the leader's effectiveness in their role.

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The Beautiful Mess

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Product Coaching with Petra Wille

  • Product leadership expert, Petra Wille, discussed when coaching works and doesn't work, emphasizing that coaching by an external coach may not be helpful when employees need basic know-how and training. Appropriate situations for coaching are when a tougher problem needs solving, or when the coachee is invested in the challenge. Wille also highlighted the importance of communities of practice to encourage the informal sharing of knowledge and developing a culture of guidance. To establish a healthy culture of coaching, time to think things through is essential, and reflecting on your ways of working can lead to improvement. Finally, organizations should strike a balance between what is valuable and what is a waste of time.
  • Wille also suggests adopting a go-positive approach, raise concerns if goals conflict, and managing-up as ways to improve your ability to shape your situation. On the subject of product leadership, Willes recommends to coach leaders to understand that setting aside time to think is a crucial part of their work.
  • To create a healthy coaching culture, Wille emphasizes that organizations need to explicitly decide and draw the line on how much community interaction and change is needed and balancing between being valuable and being a waste of time. The importance of creating opportunities for employees to share informal coaching and mentoring is also emphasized.

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