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Here is how dishonesty in the interview process can affect you
- Job candidates often lie on their resumes, with 32% admitting to doing so. Common lies include exaggerating experience, fabricating skills, and omitting previous employers.
- Hiring managers also lie during the hiring process, with 80% saying it is acceptable. They often lie about the position's responsibilities, growth opportunities, and the company culture.
- Lying can hurt both job seekers and companies. Job seekers can lose their job offers or get fired if they are caught lying. Companies can damage their reputations and lose money if they hire the wrong person.
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Top 5 skills required to become an AI Engineer
- Programming Mastery: Excel in Python, R, Java, and C++ for effective AI model creation and implementation.
- Mathematics Proficiency: Understand linear algebra, probability, and statistics to navigate diverse AI models successfully.
- Big Data Competence: Work with large datasets using Spark, Hadoop, Cassandra, and MongoDB for robust data processing.
- Algorithmic Expertise: Grasp machine learning algorithms and frameworks (e.g., PyTorch, TensorFlow) for model development.
- Soft Skills and Domain Acumen: Develop strong communication, problem-solving, and time management skills; align AI solutions with business goals.
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Rebound in demand for HR professionals fuelled by transformation in job role
- HR roles experienced a 20% rise in October 2021, a 4% decline in 2022 due to hiring slowdowns and layoffs, and a strong rebound in October 2023, registering a 16% increase.
- The recruitment landscape is transforming with the introduction of diverse talent management platforms, reducing reliance on traditional in-person interviews and incorporating tools like candidate scoring and skill assessment tests.
- HR professionals are urged to acquire new skills and certifications to stay relevant. Emerging roles include Gig Talent Manager, WFH Coordinator, Skill Design Leader, HR Data Director, emphasizing the need for continuous learning and adaptability.
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Is the Great Resignation over? Why bosses are leaving at record rates
- 2023 has witnessed an unprecedented surge in CEO departures, surpassing 1,400 resignations from January to September, marking a nearly 50% increase compared to the previous year.
- While the Great Resignation for regular workers has eased, CEO turnovers are on the rise as the world adapts to a post-crisis environment.
- CEOs are leaving for new opportunities, retirement, and due to external pressures like economic challenges, inflation, and supply chain disruptions. Board evaluations also contribute to some CEO departures.
- CEO departures tied to burnout, intense job demands, and unique mental health challenges, highlighting a gap in addressing executive well-being.
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This surprisingly common virtual interview mistake can cost you the job, according to new research
- Maintaining direct eye contact is crucial for virtual interviews, conveying professionalism and trust. Avoiding it is the top deal-breaker, potentially harming your chances.
- Overcome camera shyness by practicing with a friend on video platforms. Ensure your setup is right, and practice maintaining eye contact for a polished performance.
- Stand out by using intentional body language - lean forward, smile, and nod. These actions show engagement and enthusiasm, enhancing your virtual presence.
- Acknowledge that not everyone can sustain eye contact due to various reasons. Hiring managers should prioritize candidates' responses and abilities over rigid expectations for eye contact, fostering inclusivity.
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Job candidates split over who should be present during salary negotiations: Naukri survey
- Survey shows 41% of candidates prefer only HR in salary negotiations, while 41% want both HR and their prospective managers present.
- Only 22 percent of candidates said their prospective line managers were present during salary negotiations, according to an exclusive survey for Moneycontrol conducted by job portal Naukri.
- Advocates argue that having both the manager and HR present provides insights into the role, budget, and compensation philosophy.
- Decision on presence depends on organization policy; senior roles may involve a senior executive, while simpler negotiations suffice for middle or entry-level positions. Transparent communication is key.
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Street vendor adopts Warren Buffett's wisdom to sell peanuts; pic goes viral
- A Bengaluru peanut vendor, inspired by Warren Buffett, gained attention for his marketing skills with posters on his cart.
- The vendor's posters included a twist on a Warren Buffett quote: "never lose a customer" and the second rule is to never forget rule number one.
- Another poster listed the nutritional benefits of peanuts, showcasing a creative and sophisticated approach to street vending.
- This adds to the trend of unique marketing strategies in Bengaluru, such as a rickshaw driver promoting his Instagram handle on the vehicle.
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Why program managers and CXOs are still out in the cold and jobless
- Tech industry layoffs have hit program managers and CXOs hard, struggling to secure new roles as their positions evolve, demanding different skill sets.
- In 2023, over 200,000 tech workers faced job cuts, reflecting a shift from a jobseeker's market to layoffs, driven by overhiring and misjudged growth prospects post-2021's venture capital boom.
- Overestimation of growth prospects and economic downturn forced startups to focus on profitability, leading to a tech talent layoff wave. Companies hired beyond their means, assuming constant market liquidity.
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Here's what you need to know about the 'Career Lattice' to get your next tech role
- The traditional career ladder in tech may be losing its relevance, with fewer promotions and salary increases predicted for 2024, according to a study by Korn Ferry.
- Embracing a "career lattice" approach, where one moves to a job offering similar pay but more opportunities for skill growth, is recommended as a way forward in the evolving tech industry.
- Soft skills, such as analytical thinking, creative thinking, resilience, flexibility, and agility, are highlighted as crucial for future workplace success, according to The World Economic Forum's Future of Jobs Report 2023.
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40% Indian employees set to quit job in next 6 months due to poor technology at work: Report
- Adobe's report reveals that poor tech tools are costing leaders 2-4 hours daily, totaling up to 25 weeks lost per year, impacting productivity for 93% of leaders and 87% of employees.
- Workers believe subpar tech tools cut profits by 20% or more, with 44% expressing this concern.
- Facing tech constraints, 62% of workers seek tech solutions, 14% consider job change, and 16% opt to 'quiet quit.'
- 40% of employees may quit in six months due to tech hindrances, spiking to 57% for full-time remote workers. Tech access is a critical factor for job acceptance, rated so by 84% of knowledge workers.
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Ex-Google recruiter shares 4 tips for job seekers to stand out
- Network while employed: Start building industry connections to pave the way for future job opportunities.
- Be bold in reaching out: Don't hesitate to contact key individuals like the CEO or hiring manager if you're interested in a company.
- Dive deep into research: Study the company's values, vision, and mission, and be ready to discuss how they align with your own experiences.
- Share your stories: Highlight successful projects, career achievements, and lessons learned to showcase your motivation and skills.
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Here's how AI can help you make a bigger impact in your role
- Increase Productivity: AI can automate mundane tasks, allowing you to focus on strategic initiatives, which can make you more valuable to your company.
- Data-Driven Decision-Making: AI can analyze vast amounts of data, helping you make data-driven decisions that demonstrate your analytical skills and problem-solving abilities.
- Communication Improvement: AI tools can enhance your language and communication skills across various channels, positioning you as a more effective communicator.
- Become an AI Advocate: Promote AI within your organization, gaining recognition from leadership and advancing your career.
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Ex-Microsoft HR VP says managers do not own employees' lives, argues working multiple jobs is common
- Chris Williams believes that employees should be allowed to work multiple jobs and that companies should not try to control their personal lives.
- He considers moonlighting, or working a side job alongside a full-time position, as a common practice that shouldn't be discouraged.
- Williams suggests that managers should react appropriately to employees having multiple jobs. While there may be valid concerns, like working for competitors, overreacting or increasing employees' workload can have negative consequences.
- Instead, Williams encourages managers to celebrate their employees' success and acknowledge their second job.
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Young people who work remotely are 'probably not' going to become corporate CEOs, an NYU business professor says
- Suzy Welch, an NYU Stern School of Business Professor, warns that Gen Zers prioritizing remote work and work-life balance may not achieve the same level of corporate success or financial rewards as their more hardworking peers.
- She suggests that success is defined differently by different individuals, and those who choose remote work may not become CEOs, but that might align with their personal goals.
- Welch emphasizes the value of in-person collaboration and the benefits of traditional office work, which she believes young people who have only experienced remote work might not fully appreciate.
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Read how BigShyft + ChatGPT can get you the right job faster
- Quick Onboarding: BigShyft, with the help of ChatGPT, offers a hassle-free onboarding process in under 2 minutes.
- Automated Resume Parsing: The AI feature automatically extracts details from your uploaded resume, saving you from manual data entry.
- Precise Job Matching: AI ensures job seekers and recruiters find the perfect match based on skills, location, and compensation expectations, eliminating errors.
- Rapid Growth and Renowned Partnerships: Bigshyft has experienced a 10x surge in job seekers in just 2 years. It collaborates with over 400 renowned companies like MakeMyTrip, Microsoft, Adobe, DE Shaw, and Cashfree, cementing its status as a leading job platform.
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