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Want a promotion? Know the correct way to brag, Wharton professor says
- The key to effective self-promotion, especially in professional settings, lies in a strategy called "dual promotion," according to research by Maurice Schweitzer, a management professor at Wharton.
- In his studies, Schweitzer found that combining self-promotion with the promotion of others enhances both likability and competence. This approach involves acknowledging one's accomplishments and then highlighting a colleague's or competitor's strengths.
- The study suggests that this dual promotion not only makes individuals more agreeable but also boosts perceptions of competence, potentially improving chances of getting hired or promoted. Despite its success, a majority of job candidates still engage in self-promotion alone.
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Can companies fire employees for not working from the office?
- Companies in India can potentially terminate employees for refusing to work from the office, depending on employment contracts, local labor laws, and company policies, as per legal experts.
- The absence of specific restrictions allows employers to decide the mode of work. However, abrupt terminations could pose legal risks, and a balanced approach is advised. While companies have the right to enforce office work, business risks, such as increased turnover and reduced engagement, should be considered.
- Legal experts stress the importance of clear communication, compliance with labor laws, and engaging legal counsel to navigate complexities and ensure a smooth transition.
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Return to office is ‘dead,’ Stanford economist says; here’s why
- The return to office appears to be a thing of the past, with Stanford economist Nick Bloom declaring it "dead."
- " After an initial surge in remote work during the pandemic, the share of paid work-from-home days has plateaued at 28% in 2023, four times higher than pre-pandemic levels.
- Factors like no commute and flexible schedules have made remote work popular, benefiting both workers and companies. Hybrid models dominate, with 47% adopting them.
- Long-term trends indicate remote work will likely persist, driven by technology advancements and evolving attitudes. The new normal is marked by diverse remote work policies.
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The No. 1 thing to avoid in a job interview, according to a former Google recruiter
- In a job interview, it's crucial to ask thoughtful questions that demonstrate your preparedness and genuine interest in the opportunity. Nolan Church, CEO of talent marketplace Continuum and former Google recruiter, advises against asking generic, surface-level questions that indicate a lack of research.
- Instead, thoroughly investigate the company, its mission, and the interviewers. During the interview, inquire about specific aspects, such as the comparison between roles or details from the interviewer's career trajectory.
- By showcasing a deep understanding of the company and thoughtful inquiries, you prove your commitment and increase your chances of success in the role.
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These skills will be essential across every work sector over the next decade: study
- A survey of 650 C-suite executives, 100 hiring managers, and 1,500 office workers reveals a unanimous belief that tech skills will be crucial in every job sector by 2033.
- A survey by OnePoll for Per Scholas indicates that 57% of workers are proactively upskilling in tech, recognizing its growing importance in the future job market.
- The top tech skills sought by employers include IT savvy (39%), AI (29%), and cybersecurity (28%), with technical knowledge and skills (63%) being the most prioritized keywords in job applications.
- While 45% of C-suite executives still prioritize a four-year degree, 44% express greater concern about the lack of tech skills, highlighting the increasing importance of tech proficiency in hiring decisions.
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Narayana Murthy suggests 3-shift work for infrastructure sector employees; sparks debate
- Infosys founder NR Narayana Murthy has advocated for the adoption of three shifts instead of one in the infrastructure sector to accelerate government projects.
- Speaking at the Bengaluru Tech Summit, Murthy stressed the significance of completing projects such as the Electronics City Metro for the city's development in the next 5-10 years.
- He proposed that working in three shifts could help India surpass China's growth, highlighting the need for quick decision-making and support for entrepreneurs.
- His comments sparked a debate among users on social media. "Give triple the salary other nations are giving triple the salaries," a user wrote.
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Tata Tech doubles investors' wealth, lists at 140% premium over IPO price
- Tata Technologies had a stellar debut on November 30, listing at a 140% premium to its IPO price of Rs 500 per share.
- The stock opened at Rs 1,200 on the NSE and Rs 1,199.95 on the BSE. The IPO witnessed robust demand, with over 73.38 lakh applications and a subscription of 69.43 times.
- The QIB category was oversubscribed a record 203.41 times. Despite concerns about revenue concentration from the top five clients, including Jaguar Land Rover, Tata Technologies CEO Warren Harris assured a decrease in Tata Motors and JLR's contribution in the medium to long term.
- The IPO, entirely an offer-for-sale, was priced fairly with a P/E ratio of 18.2x.
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Indian IT firms spending Rs 1.97 crore on average to train employees every year
- India's IT and IT-BPM sector is heavily investing, averaging Rs 1.97 crore per company annually in employee training, as per the India’s Best Workplaces in IT & IT-BPM 2023 survey.
- Around 68 percent of companies prioritize employee development, with Accenture and Wipro among the top 25.
- The emphasis on work culture is crucial amid slow hiring and cost-cutting in the IT industry. Burnout is a concern, affecting 27 percent of employees in large companies
- The report suggests 'Workplace Ikigai' for balancing growth and employee well-being, noting that 83 percent of top workplaces invest thoughtfully in employee growth.
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This Job interviewer's question is so funny, it's going viral
- In a captivating twist to the job application process, a viral Instagram post by Nugget showcased an unusual interview question posed by a company. The question asked applicants, "What would you do with an elephant you can't sell or give away?".
- A user wrote, "Simple answer. I would take that elephant and find a circus willing to train it and pay me every time they use my elephant. That way I can make passive income off of the elephant that I was gifted."
- Another user commented, "Open the fridge put the elephant in and close the fridge." The third user joked, "Keep it in my office so whenever we have a business meeting I can say 'Are we going to address the elephant in the room?'".
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Coinbase is hiring for tech roles in India despite halting exchange services
- Global crypto exchange Coinbase is expanding its employee base in India even after discontinuing its services in the country from October end. The company is filling product and technology roles across remote working and Bengaluru and Hyderabad locations, people in the know told Moneycontrol.
- This move follows several rounds of layoffs by Coinbase in 2022 and 2023, with the company now focusing on filling positions for its tech talent hubs in India.
- About 30 open positions were posted on Coinbase's LinkedIn page in the past three weeks, indicating the company's continued interest in Indian tech talent.
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The dark side of remote work: AI model predicts health challenges after 25 years
- A 25-year projection reveals concerning health impacts of remote work through the model "Susan" by DirectApply.
- Susan illustrates potential issues like bad eyesight, inflamed eyes, poor posture, weight gain, and isolation-induced stress. Insufficient physical activity results in 'repetitive typing strain' and 'tech neck,' while a lack of sunlight contributes to wrinkled skin and thinning hair.
- Experts advocate maintaining routines, nurturing virtual relationships, and prioritizing outdoor exercise.
- Despite potential pitfalls, proactive self-care offers a solution, enabling remote workers to foster a balanced and healthy work-life blend without the traditional commute.
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How Many Job Applications Should You Send Out?
- Sending out 10 to 15 applications per week, or 2 to 3 applications per day, can increase your chances of getting noticed by hiring managers. This consistent effort helps you stay engaged in the job search process.
- Focus on specific roles in your industry, customize applications, and include keywords to navigate applicant tracking systems.
- Emphasize distinctive skills and achievements to stand out from other applicants.
- Utilize job alerts, network connections, and stay updated on industry trends; actively follow up on applications for a well-rounded job search strategy.
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The Best and Worst Time of Year to Look for a Job
- Begin job search in January to early February for increased hiring momentum. Post-holiday season sees more job openings as people consider new opportunities.
- Avoid job searching during the middle of summer and holiday season due to fewer job vacancies. The second half of the year may have budget constraints and hiring freezes.
- Opt for Mondays to apply for jobs, increasing chances of progressing in the hiring process. Tuesday is the peak day for job postings, applications, and hiring decisions.
- Start job search one to three months before your preferred start date. Two months is often the sweet spot for a balanced and effective job search.
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Over 60% IT employees ‘directly know’ someone who is moonlighting: Indeed Report
- Over half of employers (53%) view moonlighting as a violation of work ethics or contracts, per Indeed's India Hiring Tracker.
- Moonlighting is more prevalent in gig-oriented sectors like logistics (66%), retail e-commerce (52%), and travel (48%).
- IT and manufacturing sectors strongly oppose moonlighting, with 93% and 79% of employers disapproving, respectively. In IT, 64% of employees know someone directly involved in moonlighting.
- The report also highlights a 36% increase in job postings in India's manufacturing sector, emphasizing the need for upskilling to address the talent mismatch and support the industry's growth.
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Viral career trend has people engaging in 'job cuffing'; here's why and what it means
- "Job cuffing" is a trend where individuals choose to stay in their current jobs during the colder months instead of actively seeking new opportunities. The term draws parallels with "relationship cuffing," reflecting a temporary commitment to existing employment.
- Reasons include fading job market optimism, economic uncertainties, and reduced hiring during the holiday season.
- Individual perspectives vary; some stay for job convenience, cost savings, or to secure end-of-year bonuses.
- Anticipation for better opportunities in the spring drives the decision to wait out the slower winter job market.
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