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How to Ace the Art of Networking and building connections in the Tech Industry
- Active participation in tech events, conferences, and workshops is essential for career advancement and staying updated on industry trends.
- Utilize social media like LinkedIn and specialized forums to connect with professionals, share insights, and stay informed about industry developments.
- Build mutually beneficial relationships with experienced peers for guidance and mentorship, while also paying it forward by mentoring others.
- Engage in meaningful conversations and networking opportunities to create valuable connections, fostering personal and professional growth in the tech industry.
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How to navigate the challenges of virtual hiring and remote job interviews
- The first step to ace remote job interviews is to understand that preparation is always key. So, familiarize yourself with the virtual platform, ensuring a smooth interview experience.
- Work on creating a professional environment and choose a quiet, well-lit space, free from distractions, to project a polished image.
- Be technically efficient by testing your equipment, including the camera, microphone, and internet connection, to avoid any unforeseen technical glitches.
- The key to a good remote job interview is to master the non-verbal communication. Maintaining eye contact, using expressive gestures, and exhibiting active listening skills to engage effectively works in doing well in the interview.
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Top in-demand jobs and salaries
- U.S. employers are hiring 336,000 workers, prompting reassessment of compensation and recruitment strategies.
- A 2024 Salary Guide from Robert Half suggests that both workers and employers are reevaluating compensation and career priorities. Competitive pay and flexible work arrangements are becoming crucial for attracting and retaining talent.
- In-demand jobs like software engineer and UX designer offer annual starting pay of $133,000 to $152,000, while lower paying roles range from $44,750 to $47,500.
- Companies are increasing starting salaries and adding new perks to attract highly skilled workers.
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Why women are more ambitious at work now than before the pandemic
- Women are more interested in promotions now than before the pandemic, with 81% expressing interest compared to 74% in 2019.
- Men's ambition for promotions has also increased, with 82% expressing interest compared to 74% in 2019.
- Flexible work arrangements have unleashed women's ambitions by allowing them to balance work and personal goals.
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Why China’s young people are quitting their jobs and throwing ‘resignation parties’
- Chinese youth are celebrating quitting their jobs with parties resembling traditional marriage rituals.
- Despite the country's challenging economic climate and soaring youth unemployment rates, individuals in their 20s are leaving positions due to reasons such as low salaries and burnout, a CNN report said.
- China's extensive education system has led to many individuals being overqualified for the jobs they are in, contributing to dissatisfaction and low job fulfillment.
- The "Great Resignation" trend may strain China's future workforce and economy due to a declining birthrate and an aging population, potentially impacting fertility rates and pension support for the elderly.
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Man holds 'we're hiring' placard during football match in Bengaluru; pic goes viral
- During an Indian Super League (ISL) match in the 2023-24 season between Bengaluru FC and East Bengal, an unusual sight was captured when a man in the stands held a placard reading "we're hiring" along with a QR code.
- This intriguing moment was shared on social media, particularly on X (formerly Twitter), with the caption, "The Peakest Bengaluru moment," drawing attention and curiosity from online users.
- Upon scanning the QR code, it was revealed that the unique job recruitment advertisement was for a Bengaluru-based startup called Jar, which had various job openings.
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68-year-old engineer spent 50 years working at the same company; this is his one regret
- Kip Turner spent 50 years at AT&T, learning engineering on the job without a college degree.
- He advises not letting education requirements deter from applying for desired jobs and highlights extensive training he underwent.
- Turner's main regret is not using AT&T's education benefits for completing an engineering degree.
- He stresses the importance of utilizing training and education opportunities provided by employers, such as tuition reimbursement programs.
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Indian-origin CEO of US company sacrifices part of own salary for employees' salary hike
- Satish Malhotra, the CEO of The Container Store, an American retail chain company, has volunteered to take a 10% salary cut to facilitate salary hikes for other employees.
- Malhotra has been in his role as CEO since February 2021 and previously worked at Sephora for 20 years.
- Following his gesture, Malhotra's salary will be reduced by 10% for the next 6 months, resulting in a reduced annual income of Rs 6.9 crore instead of Rs 7.7 crore.
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IT companies nudge staff to work from office all 5 days
- Indian IT companies, including Wipro, Capgemini, and LTIMindtree, are encouraging employees to work from the office for all or at least 50% of the working days in a week, according to sources.
- This push to return to the office is driven by client demand crunch and global macroeconomic crisis, squeezing tech spending.
- Multinational companies like Ericsson and Fiserv are also implementing a work-from-office schedule of three to five days a week.
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Chinese man dies after drinking 1 litre alcohol to win big money at office party
- A Chinese man named Zhang died after consuming a liter of strong liquor in just 10 minutes during an office party drinking contest in Shenzhen, China.
- The drinking competition was initiated by Zhang's boss, who pledged a 20,000-yuan reward for anyone who could outdrink Zhang.
- Zhang collapsed immediately after drinking and was rushed to the hospital, where he was diagnosed with severe alcohol poisoning, aspiration pneumonia, suffocation, and cardiac arrest. Despite medical efforts, he passed away.
- The company where Zhang worked was shut down the day after the incident, and Shenzhen police are currently investigating the case.
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How to include your personality in your resume, says a Deloitte exec
- Craft your resume language to match the job description and highlight numerical achievements, such as a 30% increase in revenue.
- Ensure your resume is free from grammatical and spelling errors and substantiate your accomplishments with data or metrics.
- Incorporate elements that showcase your personality, like multilingualism, extensive travel experiences, athletic or artistic achievements, and passionate volunteer work.
- Integrate a line about your passions into a professional summary at the beginning of your resume to capture attention and give a glimpse of who you are as a person.
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Springworks CEO says startup spent Rs 40 lakh on Jaipur offsite
- Springworks CEO Kartik Mandaville emphasized that the HR-technology startup offers remote work to its employees not to save money, but to provide them with a better quality of life.
- In a recent offsite event at the Jaipur Marriott Hotel, Springworks spent Rs 40 lakh (approximately $54,000) on its employees, highlighting their commitment to improving employee well-being.
- The total cost of the offsite event was Rs 4,085,698, and Kartik Mandaville shared this information on the microblogging platform X to illustrate their dedication to remote work for a better work-life balance.
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‘Boomerang corps’ remains India Inc’s favourite workforce
- Boomerang employees, individuals who previously worked in an organization and resigned within the last 24-36 months, are on the rise in India Inc. with a 20-25% growth compared to September 2022.
- This trend is particularly prominent in sectors such as Financial Services, IT, Consulting, FMCG, Automotive, and Facility Management Services.
- Major firms like IBM, Lenovo, Compass Group India, and Hindustan Coca-Cola Beverages are welcoming back former employees, as they are cost-effective and bring valuable organizational knowledge.
- Studies suggest that hiring boomerang employees can result in significant cost savings, estimated between 33-67% in recruitment costs.
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The Top Emerging Skills in the Tech Industry for 2024
- Emerging skills include artificial intelligence and machine learning, cybersecurity, virtual and augmented reality, IoT and connected devices, blockchain technology, robotics and automation, cloud computing and edge computing, advanced analytics and big data, and quantum computing.
- For AI and ML, mastering programming languages, frameworks, and practical applications is essential.
- In cybersecurity, understanding threats intelligence, secure coding, and privacy regulations is crucial.
- Skills in VR/AR, IoT, blockchain, robotics, cloud, advanced analytics, and quantum computing will be in high demand as these technologies reshape industries. Continuous learning and adaptability are key to success in the ever-changing tech landscape.
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Why 'Easy Apply' might not be the best approach for job seekers
- The "Easy Apply" or "Quick Apply" feature on job search websites is becoming less effective in the competitive job market as it encourages candidates to apply to multiple jobs without careful consideration.
- HR experts suggest that applying directly through a company's career website or job portals provides a more tailored approach, increasing the chances of being shortlisted for mid to senior-level positions.
- For freshers, the job market is challenging, and using the "Easy Apply" method might not be the best choice due to increased competition and limited job opportunities.
- When using "Easy Apply," customize responses and showcase relevant skills to stand out effectively.
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