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India witnesses demand for 40,000 cybersecurity jobs; check the most popular jobs
- India's cybersecurity market is expected to reach $3.5 billion with an 8.05% annual growth rate by 2027.
- There are approximately 40,000 job opportunities in cybersecurity, but a skill gap of 30% poses a challenge for the industry.
- Data privacy, cloud security, AI security, and network security are sought-after specializations in cybersecurity. Soft skills like problem-solving and communication are also important.
- IT auditor, Information Security analyst, Network/IT Security Engineer/Specialist, Security Testing/Penetration Tester, and Computer Forensics analyst are among the top job roles in the cybersecurity field.
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Infosys, TCS, Accenture: WFH culture forcing IT companies to enter Tier II, Tier III cities
- Indian IT giants like Infosys, TCS, and Accenture are expanding into tier II and tier III cities, enabling employees to work closer to their homes and adopting hybrid work models.
- Improved internet penetration and infrastructure, along with lower real estate costs, make these cities attractive for IT companies.
- Infosys has opened offices in Yelahanka, Visakhapatnam, and Coimbatore, while Accenture has established offices in Jaipur and Coimbatore.
- The move allows IT companies to tap into local talent, reduce attrition rates, and contribute to socio-economic development in these regions.
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Meta, Google were among top-3 highest paying public companies in 2022; here's how much employees earned
- Meta (formerly Facebook) and Google (under Alphabet) were ranked among the top three highest-paying public companies in 2022, according to a report by the Wall Street Journal.
- Meta ranked second, offering employees a median wage of nearly $300,000 (roughly Rs 2.46 crore), while Alphabet followed closely behind at the third spot with a median wage of $280,000 (roughly Rs 2.29 crore).
- Vici Properties claimed the top spot with a median salary of approximately $415,000 (Rs 3.40 crore)., making it the highest-paying public company.
- Both Meta and Alphabet have undergone layoffs, impacting approximately 33,000 employees since 2022, aligning with a broader trend of workforce reductions in the tech industry.
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A school dropout, who couldn't afford fees, became a top global Indian CEO
- Punit Renjen, the current CEO of Deloitte, has achieved remarkable success despite facing obstacles in his early life.
- Renjen had to leave school due to financial constraints but later graduated from a college in Rohtak and moved to Delhi in search of employment.
- He received a Rotary Scholarship, which enabled him to pursue his master's degree in the United States, where he worked hard to excel academically.
- Renjen's journey took a transformative turn when he was recognized as one of the top 10 students in a regional publication, leading to his selection by a Deloitte partner and eventually becoming the CEO of the company.
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When IIM graduates were called 'shampoo salesmen' by Amul boss Dr Verghese Kurien
- Sanjeev Bikhchandani, founder of Naukri.com, shared his thoughts on convocation speeches and emphasized the importance of speeches that challenge and provoke the audience.
- He recalled Dr. Verghese Kurien's speech at his own convocation ceremony at IIM-A, which was filled with bluntness, sarcasm, and condescension.
- Dr. Kurien taunted the graduating class, referring to IIMA as the "Indian Institute of Management for Shampoo Salesmen" and management institutes as "training schools for shampoo salesmen."
- Bikhchandani acknowledged the lasting impact of Dr. Kurien's speech on him and his classmates, noting that the class of 1989 produced the highest number of entrepreneurs in IIM-A's history.
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'Great Resignation' continues as quarter of workers look to change jobs: PwC survey
- According to a survey by PwC, a quarter of workers expect to change jobs in the next 12 months, an increase from 19% the previous year.
- Around 42% of employees surveyed plan to demand pay raises to cope with higher living costs, up from 35% last year.
- Economic uncertainty has led to 46% of respondents reporting struggles in paying monthly bills.
- Workers are seeking both higher pay and more meaning from their work, while factors such as purpose, company culture, and inclusion remain important to employee concerns.
- Younger workers anticipate a positive impact from artificial intelligence (AI) on their careers in the next five years.
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Bengaluru engineering college allegedly demands 2.1% of student’s salary as placement fee
- A Reddit user (@PurpleRageX) claimed that their college in Bengaluru is demanding a 2.1% "Placement Cell Fee" from students who secure jobs through campus placements.
- The fee was allegedly not mentioned prior to the placement, causing distress for students.
- The college has failed to provide any official documentation supporting the fee claim and is withholding certificates from the student.
- The college in question is believed to be New Horizon College of Engineering (NHCE). Several seniors at the college have reportedly faced similar demands in the past.
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Hexaware Technologies to hire around 6,000 people despite volatile market
- Hexaware Technologies plans to hire 5,000-6,000 lateral talent this year, focusing on data skills, digital engineering, app development, cloud infrastructure, and Java full-stack.
- Compensation expectations at Hexaware have not returned to pre-pandemic levels but have reduced from the previous year's significant rise.
- The joining ratio at Hexaware has improved, with fewer instances of candidates not showing up after accepting job offers.
- Hexaware onboarded around 4,500 employees in 2022, bringing the total headcount to over 28,000. The employee retention rate increased to 73% in 2022 but is still lower than the 80% in 2020.
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'I am a fan of Modi,' says Tesla CEO Elon Musk
- Prime Minister Narendra Modi had productive discussions with Tesla CEO Elon Musk during his visit to the United States, paving the way for potential collaborations between India and the US.
- Elon Musk expressed his excitement about India's future prospects and conveyed his enthusiasm for the country's potential.
- Regarding Twitter's compliance with local regulations, Musk highlighted the significance of adhering to the laws of each country, acknowledging the need for the platform to follow the directives of the Indian government.
- Elon Musk expressed his admiration for Prime Minister Modi, recognizing his sincere efforts to attract substantial investment to India and his genuine concern for the country's welfare.
- Musk specifically mentioned his admiration for Modi, stating, "I am a fan of Modi."
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Negotiating a Job Offer? Here's how to get what you want
- Likability matters: Build rapport and be mindful of your behavior to maintain a positive impression during negotiations.
- Justify your requests: Clearly explain why you deserve what you're asking for, backing it up with strong justifications.
- Show commitment: Assure the other party of your genuine interest in working for them and convey your willingness to accept an offer under certain conditions.
- Understand the other party: Take the time to understand the concerns and interests of the person you're negotiating with to tailor your approach effectively.
- Consider constraints and the bigger picture: Recognize any limitations and focus on the overall value of the job offer, including factors beyond just salary.
- Stay open to future negotiations: What may seem non-negotiable now could change in the future, so continue the conversation.
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25-yr-old Bengaluru techie makes hoax bomb threat to employer after he was asked to resign
- A 25-year-old man in Bengaluru was detained for making a hoax bomb threat to his office after being asked to resign due to poor performance.
- The accused, Prasad Navaneeth, allegedly made the threat due to frustration with his termination and blamed office politics for his resignation.
- The office immediately notified the police, leading to the evacuation of around 500 employees and the deployment of a bomb disposal squad.
- Prasad has been filed with a Non-Cognizable Report (NCR), and further legal action will be taken pending permission from the court. It is stated that he is mentally disturbed following his termination.
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Infosys implements strict no work-from-home policy for these employees
- Infosys eliminates work-from-home option for employees in the US and Canada, affecting over 30,000 workers.
- Non-compliance with the new policy may result in disciplinary action for employees.
- In India, employees are not currently required to work from the office, following a phased plan for return.
- Infosys co-founder Narayana Murthy advises against insisting on remote work, emphasizing ethics and productivity.
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Bosses are fed up with remote work for 4 main reasons
- Remote work can hinder the onboarding and success of new hires and junior employees, as physical presence provides important advantages for training and building relationships.
- Poorly executed hybrid work plans can lead to discord and unproductive teamwork, while remote work can contribute to health issues and hostile work environments if not properly managed.
- Remote workers tend to work 3.5 hours less per week compared to in-person workers, with a significant portion of saved time allocated to leisure activities rather than additional work.
- Anecdotal evidence suggests that productivity may decline on days when everyone is working remotely, although opinions on this matter vary, and some workers report better work-life balance and higher productivity in remote or hybrid work setups.
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Engineer works as Swiggy delivery boy after losing job due to Covid, LinkedIn users help him land new role
- An engineer who lost his job during the pandemic found a new role with the help of LinkedIn users after working as a Swiggy delivery executive.
- Priyanshi Chandel shared the story of Sahil Singh, an engineering graduate from Jammu who had been working at Ninjacart and BYJUS before losing his job due to the pandemic.
- Chandel's LinkedIn post gained attention and support from users, leading to Singh securing a full-time job opportunity.
- Chandel updated her post to announce that Singh had successfully obtained a job, expressing gratitude to everyone who contributed and turning off comments to prevent spam.
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Top 5 ways ChatGPT can help you land your dream job
- Explore career paths: Use ChatGPT to discover potential career paths based on your interests and qualifications.
- Assess job fit: Receive guidance from ChatGPT to determine which career paths align with your strengths and skills.
- Build necessary skills: Identify specific skills needed for your desired career and leverage ChatGPT to find relevant learning resources.
- Target job search: Get job leads and industry insights from ChatGPT to create a focused list of companies and organizations to apply to.
- Enhance job application materials: Utilize ChatGPT's assistance in creating tailored resumes, cover letters, and thank you emails to increase your chances of landing a job.
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