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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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4 key signs to look out for to understand if you are being pushed out of your job
- Increased micromanagement from your manager may signal a lack of trust and an attempt to create a demotivating work environment.
- A lack of enthusiasm or concrete plans for career progression indicates that your employer may not see a long-term growth path for you within the company.
- Exclusion from important meetings, key projects, or internal stakeholders suggests that your employer is no longer investing in positioning you as a critical team member.
- Sudden, unrealistic increases in workload may undermine your confidence and lead to burnout, potentially encouraging you to quit.
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The art of writing the resume that attracts every recruiter's attention
- Entrepreneur and recruitment expert Ananthu Vasudev urges job seekers to view a resume as a means of showcasing their skills, achievements, and experiences effectively.
- He encourages tailoring resumes for specific job applications to highlight relevant qualifications and experiences.
- Vasudev notes that, after years of education and skill development, the resume becomes a key tool for job seekers to communicate their professional worth to recruiters.
- He advises bridging the gap between the effort individuals invest in their professional growth and the effort dedicated to presenting themselves effectively on a resume.
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From Boardrooms to Bedrooms: The silent surge of 'Quiet Quitting' trends in workplaces and marriages
- The phenomenon of "quiet quitting" observed in workplaces is extending to marriages, where individuals disengage silently to avoid conflict, leading to what experts term "quiet divorces."
- This trend, marked by subdued exits and avoiding overt conflicts, reflects a societal shift towards less confrontational approaches to significant life changes.
- Peaceful divorces, exemplified by Annie Macleod's experience, are gaining popularity as couples opt for calm separations, resolving issues swiftly and affordably.
- The trend is notably linked to a prolonged period of dissatisfaction and unaddressed issues within marriages, often resulting in couples choosing a quiet and amicable resolution over drawn-out court battles.
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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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Your profile picture plays a significant role in your hiring opportunities, according to studies
- Harvard Business School study reveals online profile pictures significantly influence hiring on platforms, with a strong correlation to perceived job performance.
- The impact is more pronounced when platform reputation systems are highly inflated, emphasizing the importance of a fitting profile image.
- As platforms present more candidates, the likelihood of profile pics affecting decisions increases, potentially disadvantaging those not conforming to visual expectations.
- The research underscores the need for authentic imagery, inspired by incidents highlighting biases in representations like OneLogin's 2015 ad backlash.
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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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Mistakes that can prevent you from the next best career opportunity
- Job seekers should not ignore the importance of a positive online presence and secure personal accounts, enhance visibility on professional platforms.
- Using generic application materials reduces the chances of standing out in a competitive job market. Tailoring resumes and cover letters for each position, improve the likelihood of passing through applicant tracking systems.
- Actively networking through industry events, professional groups, and online platforms broadens job search avenues and enhances the likelihood of discovering unadvertised positions.
- Neglecting a prompt and appreciative follow-up after interviews can signal disinterest. Sending a thoughtful thank-you email reaffirms enthusiasm for the position.
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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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The importance of engineers to adapt soft skills in today's job market
- Future tech roles, driven by AI, machine learning, and cybersecurity, demand a blend of technical and soft skills. Reports project that 85% of 2030's top roles will be in emerging specialities.
- Despite the continued demand for technical skills, the World Economic Forum's Future of Work Report notes the rising importance of soft skills like communication and teamwork.
- With the rapid growth in technical capabilities, the demand for professionals adept in both hard and soft skills, especially in engineering management, is rising.
- The growing demand for professionals with a mix of technical and soft skills is evident in senior engineering roles as well.
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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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Fired, Furloughed and Laid off: The differences you need to know
- Fired: Involves termination due to employee fault. It is crucial it is handled professionally by understanding severance terms and refraining from negative public remarks.
- Furloughed: A furlough is a temporary suspension of employment, typically due to economic downturns or budget cuts. During a furlough, employees are placed on unpaid leave, but they retain their job status and benefits.
- Laid Off: Job loss due to company decisions. This requires paperwork, unemployment filing, and obtaining recommendations to showcase circumstances beyond personal control.
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The reason why you do not receive a response from employers after a job interview
- Employers may not respond after job interviews due to being busy, facing internal changes, legal concerns, ongoing interviews with other candidates, or simply not having a clear reason to provide.
- Job seekers should wait at least two weeks before following up post-interview. If there is still no response, employers may have specific reasons, such as a busy hiring process or legal caution.
- Applicants may hinder their chances of a response by not following instructions, lacking cultural fit, or providing an unrealistic salary range.
- Job seekers should not take the lack of response personally, as the right opportunity may be on the horizon.
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The 3 soft skills that highly successful CEOs possess, and how you can master them
- Workplace expert Bonnie Low-Kramen highlights CEOs' lack of humanity, emphasizing the need for soft skills like communication, teamwork, and empathy.
- Essential soft skills include the "Three Vs"- Visibility: actively participating and transparent communication create stability, as seen in The Hilton CEO's pandemic approach. Vulnerability: Honest sharing fosters connection, essential for CEOs to relate to workforce challenges. Verbal: Engaging in conversations and networking builds relationships, crucial for career success.
- Soft skills bridge leadership-employee gaps, fostering a positive workplace culture.
- Acknowledging the need for enhanced soft skills is vital for effective leadership and workplace empathy.
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