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Only 4 out of 10 youth in India have heard of ‘21st-century skills’

  • A survey conducted by Life Skill Collaborative reveals that only 4 out of 10 youth in India are aware of '21st-century skills' or 'life skills'. These skills, crucial for success in the modern world, encompass critical thinking, creativity, digital literacy, and cultural awareness.
  • Older youth (19-22) show greater awareness than younger counterparts (14-18). The survey, covering 15,856 youth, indicates that even when youth claim knowledge of life skills, they often confuse them with vocational skills.
  • While most are familiar with specific terms, 'resilience' and 'critical thinking' pose challenges. The findings emphasize the need for initiatives in public education to impart life skills.

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Top 10 In-Demand IT skills to boost your career in 2024

  • In the IT landscape of 2024, essential skills include Big Data, Data Science, AI, Machine Learning, Cyber Security, Data Analysis, Cloud Computing, Blockchain, Mobile App Development, and Information Security.
  • Big Data shines with high salaries and growth potential. Data Science demands analytical skills, while AI and Machine Learning drive innovation. Cyber Security safeguards networks, and Cloud Computing delivers accessible resources. 
  • Blockchain secures information, and Mobile App Development caters to global users. Information Security anticipates a 37% job increase. IT Operations and Governance ensure career progress. These skills are essential for navigating the dynamic field of IT.

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A 'dry promotion' at work: What is it and should you accept it?

  • 'Dry promotions,' where employees are elevated without a salary increase, are gaining traction in cost-conscious businesses. Despite the absence of immediate financial gains, HR experts emphasize that this signals an employer's commitment to an individual's growth.
  • Employees benefit from enhanced skills and recognition, fostering engagement. Employers, in turn, further succession planning and professional development goals.
  • To address concerns, open communication is crucial, assuring employees of future compensation adjustments. While lacking immediate financial rewards, 'dry promotions' symbolize a strategic investment in long-term employee development and organizational success.

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Hiring in India: 37% employers planning to increase staff strength by 2024 March quarter, survey shows

  • India leads global hiring sentiments with a 37% Net Employment Outlook (NEO) for January-March 2024, reflecting a 5% increase from 2023. The Financial and Real Estate sector boasts a robust 45% outlook.
  • Globally, India and the Netherlands lead with 37%, followed by Costa Rica and the US at 35%, and Mexico at 34%, surpassing the 26% global average.
  • Talent acquisition challenges persist, with 81% of Indian employers struggling to find skilled talent, particularly in Transport, Logistics, and IT. Companies respond with a focus on flexibility, higher wages, and upskilling as they navigate evolving workforce dynamics.

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Why self-awareness is the secret to a successful job interview

  • In a successful job interview, self-awareness is revealed as a key factor, according to emotional intelligence expert Harvey Deutschendorf. Beyond technical skills and experience, employers seek personal attributes that contribute to a candidate's fit within the organization.
  • Self-awareness allows candidates to exhibit confidence, authenticity, and adaptability, presenting strengths effectively and addressing weaknesses positively. Deutschendorf emphasizes the importance of understanding one's interview style and being attuned to the emotional state of interviewers.
  • Genuine self-awareness helps candidates connect, build rapport, and establish trust, providing a more authentic and meaningful interview experience.

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India’s hiring sentiments among the highest across the globe: ManpowerGroup report

  • India's hiring optimism is strong, with a 45% positive outlook in Financials and Real Estate, according to a ManpowerGroup report. However, 81% of employers, particularly in Transport, Logistics (88%), and Information Technology (87%), face challenges finding skilled talent.
  • The Q1 2024 Net Employment Outlook is 37%, up 5% from the previous year, signaling a cautious hiring approach. The western region dominates job demand at 39%. HR priorities for 2024 focus on employee well-being, recruiting for skilled roles, and technology adoption, with AI being a key concern.
  • To tackle talent shortages, employers offer flexibility (86%), seek new talent (47%), and raise wages (36%).

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How to figure out what to wear to a job interview

  • Recruiter Guidance: Ask your recruiter about the company's dress code, as they offer valuable insights into the workplace culture.
  • Adapt to Environment: Dress at the same or slightly higher formality level than others in the workplace, considering the company's nature.
  • Follow Recruiter's Advice: Heed specific dressing advice from the recruiter, showcasing your preparation.
  • Social Media Check: If the recruiter's information is lacking, leverage your network or check the company's social media for visual cues on office attire.
  • Virtual Interview Tips: For virtual interviews, stay professional waist-down, pick flattering colors, and avoid distracting accessories.

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The latest reason behind rise in workplace dissatisfaction and how to deal with it

  • Despite a thriving job market, the world is experiencing a record-high level of job dissatisfaction, marked by increased resignations.
  • Reports reveal alarming rates of disengagement and unhappiness, with 60% emotionally detached at work and only 33% feeling engaged.
  • Unfair treatment at work, unmanageable workloads, and unclear communication link to job dissatisfaction, emphasizing the pivotal role of managers in employee well-being.
  • Experts suggests prioritizing coaching managers, fostering meaningful weekly conversations, redefining managerial roles, and providing support structures to address the current workplace discontent.

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How HRs can make sure that employees do not feel forced at any workplace engagements

  • HR leaders acknowledge the difficulty in making employees participate in beyond-office programs, with some viewing traditional engagement events as ineffective.
  • Forced engagement is counterproductive; HRs need to focus on creating a culture marked by trust and collaboration, where employees willingly participate in activities driven by inspiration and passion.
  • HRs should shift focus from generic engagement activities to enhancing overall employee experience, aligning activities with meaningful objectives.
  • To enhance engagement, HRs should address mental, emotional, and physical concerns, and encourage open communication.

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The top 3 things recruiters look for on your resume

  • Recruiters spend an average of six to seven seconds reviewing your resume, emphasizing the importance of three key elements: accuracy, authenticity, and applicability.
  • Accuracy is paramount; embellishments or lies can be easily exposed, especially in technical roles. Authenticity matters, as recruiters seek insight into your personality and team fit. Including an interests section or mentioning hobbies can convey this. Applicability involves tailoring your resume for each job, aligning with the specific skills and priorities outlined in the job description.
  • Don't use a generic resume for every application; customize it to make an "idiot-proof" match with the qualifications sought by the employer.

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Crowdsourcing Referrals: The New Holy Grail Of Hiring

  • Employee referral programs, though constituting only 7% of applications, lead to nearly 45% of internal hires, showcasing their exceptional efficiency in recruitment.
  • Extending referral programs externally through crowdsourcing can revolutionize hiring, tapping into diverse talent pools and providing cost-effective solutions in various industries.
  • The tech job market faces challenges like a scarcity of qualified candidates, competition for top talent, and the time-consuming verification of skills and experiences, driven by the rise of AI and automation.

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These are the biggest career regrets of people who are over 30

  • A burned-out teacher finds fulfilment in a "boring" office job, prioritizing family over a stressful career, and regretting a job that did not make them happy before.
  • Despite hating the job at 49, financial learning and supportive coworkers motivated one individual to save for retirement. They regret not finding a passion that would pay the bills and make them satisfied.
  • An art school scholar regrets the lack of stability and artistic freedom in a creative career. They say that they would rather invest their time in a blue-collar job that assures consistent pay.
  • A corporate employee regrets not being a 'fake it till you make it' person and advises to embrace job satisfaction over societal pressure to climb the corporate ladder.

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The No. 1 question to ask in a job interview, according to a former Google recruiter

  • In a job interview, former Google recruiter Nolan Church suggests that candidates should ask the question, "What’s the No. 1 problem I can solve in the first 30 days?" This question serves multiple purposes.
  • Firstly, it allows candidates to assess if the job aligns with their interests and problem-solving preferences. It also provides insight into the team's openness to new ideas. Additionally, understanding the critical problems during the interview helps candidates prepare for success in the role from day one.
  • Church emphasizes the importance of not only securing the job but also strategizing on how to achieve quick wins for the team's benefit.

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Gen Z in India more career-oriented than other countries: Instagram survey

  • Gen Z in India is shown to be more career-oriented than their global counterparts, according to an Instagram survey with 5,000 respondents from India, Brazil, South Korea, the UK, and the US.
  • The 2024 Instagram Trend Talk reveals that Indian Gen Z prioritizes staying healthy, exploring career paths, and traveling. The survey also highlights their belief in entrepreneurship as the key to wealth, distinguishing them from their peers in other countries.
  • The findings suggest a strong focus on career pursuits among Indian Gen Z, even amidst a culture that values staying on top of the latest trends.

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AI Skills Can Increase Your Salary by 30% or More

  • Recent study by Access Partnership and Amazon Web Services reveals a 30% pay increase for AI-skilled workers.
  • IT professionals could see a 47% salary increase, highest among all departments. Sales and marketing at 38%, followed by finance and business operations at 37%.
  • Surprisingly, over 65% of baby boomers and Gen Xers express interest in acquiring AI skills, indicating broad interest across age groups.
  • Over 10,000 AI-related job listings signal a surge in demand for generative AI talent, with companies like Meta and Amazon offering competitive salaries exceeding $200,000.

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