A share of news & views on management, business trends, questions, HR buzz and career.
Friday, January 27, 2006
Top 10 blunders Job Seekers make : Observations and Remedy
Here are few of my observations
1) 80% of résumé's come with a blank email Or without cover letters.
2) 90% job seekers have only a generic "one size fits all" resume'.
3) 50% or more do not use basic word tools such as "spell check" "formatting" etc.
4) 70% never even follow up.
5) 70% will not remember they had applied.
6) 90% of the résumé's come in standard templates with unwanted information.
7) 50% or more will come with weird email addresses such as coolbird@yahoo.com.
8) 20% of job seekers tailors their profile to the open position.
9) 50% will do homework on the company.
10)80% does not take this "life altering" event seriously.
Having a good profile is not enough, you should be able to attract the attention of recruiters and hiring managers and get the "call".
Remember, you will not get a SECOND chance to make the FIRST impression.So,next time you are in between jobs, make an effort to write a professional document that is a snap shot of who you are, what you have accomplished and contributions you can make in the company . When writin your resume', you may want to try using a creative format, a format that reflects your personality and yet keeps the professional image of the document intact. Below are few heads that you may want to use.
1) Summary of qualifications
2) Area of expertise
3) Career progression
4) Accomplishments and highlights
5) Education
REMEMBER, your résumé is the first ever document the Company will look at,so take your time to craft and create it. Once you are done, show it to couple people who you think can critique and help make it better.
When applying for a position, understand the requirement, write a cover note responding how you match up and where you fall short. Honesty works. Use your network to spread the word of your availability, ask friends and colleagues to introduce you to hiring managers of companies that interest you. There's a saying
" Luck is your preparedness to grab a passing opportunity", all your efforts will go waste if you fail at the right time, so BE PREPARED.
Wear a smile, think and do good, be positive, have a great attitude and most important, be grounded. Finally, follow up and never forget to send a thank you note to your interviewer.
Best wishes for your new assignment.
Culture
Intuition in recruiting
Thursday, January 19, 2006
No Room for complainers in this German company
Forwarding this link referred by a good friend, somewhat bizzare but a real case of how a company stays away from whiners by enforcing it within via contract. Check this
Link
Wednesday, January 18, 2006
The Three Boxes -
Sunday, January 15, 2006
Why foreigners love to work in India
Tuesday, January 10, 2006
Work/life or Both
Are you the chauffeur of your "car"eer
Thursday, December 15, 2005
Pay, Stronger than Caffeine
* Sample Size : 10
* Place of residence : Overseas ( Asian Indian working either in USA/UK)
* Age range : 25-35 barring one, 40+
* Industry representation : All IT barring one, Banking(Govt.)
* Job seek status : Passive ( none of them are actively searching )
On factors that led them to the current employer, brand, location, overseas assignment, growth potential, stability and pay drew equal response. Variety of other reasons were given by the group which you can see below
Future (Career path)
Location (Relocation )
Job (Responsibilities)
Job (Environment)
Work (Freedom)
Overseas (American dream)
Unemployed (Debt)
Perception (Treatment)
Development (Growth )
Manager (Relationship)
Stability (Organization)
Pay (Compensation )
Commute (Travel )
Team (People)
On factors that will tempt them to look at a prospective opportunity, an overwhelming majority chose Pay followed by growth potential and newer & challenging work. Here are the other factors
Job (Innovation)
Job (New & challenging)
Development (Growth )
Pay (Compensation )
Work/Life (Flexible)
Stability (Organization)
Brand (Organization)
Position (Hierarchy)
Job (Enrichment)
Balance (Money/stability)
Geography (Location)
Quick Inference:
Its a no brainer - Pay still leads the pack and has the ability to wake passive seekers, followed closely by opportunity for growth and development.
Tuesday, November 08, 2005
"Make hay when the sun shines"
As companies face tougher road ahead on talent scouting, not only future clients shying away from India but even Indian companies taking refuge in countries such as Philipines, Thailand, Bangladesh ...
This Sun will not shine longer if the industry doesn't find a long term solution to Salary inflation.
Wednesday, September 07, 2005
Why we hate HR? Link with my comments
This article is a hard pinch on the HR community, it questions the "intellect" ability of HR pro's and raises a question on why the brightest in the campus stays away from specialising in HR and then digs on why HR is still not the management blue eyed boy.
The author was all praise for Libby Sartain, chief people officer at Yahoo.He believes leaders like Sartain are leading the HR pack by not just having a "seat at the strategic table" but by actually help build the table.
As rightly quoted , as more and more companies start to outfarm administrative and non strategic HR pieces to specialised vendors,unless we roll our sleeves and change our HR paradigm, we are at risk of facing redundancy.
Link to the article -
Why we hate HR?
Rajnish
Tuesday, August 23, 2005
Attrition: Is there a way to contain it?
Major IT houses are facing a daunting task of retaining talent against MNC's entering the Indian market offering higher salaries. Companies are forced to relook and rethink their retention strategies. Question is, how do you retain your existing talent pool from becoming prey to other companies. Is there any formula or is there a way.
Differentiating the cause of attrition usually help derive at strategies which in turn will help combat attrition, however how seriously and prompty we act on it, makes us a winner or loser.
Sunday, July 31, 2005
India has only 0.6% jobs from US firms - Article link
Wednesday, July 06, 2005
Friday, June 10, 2005
Will you hire yourself?
Wednesday, June 01, 2005
HR trends - Link to a article
Click here
My take: Talent engagement is the only way to survive and sustain, Organisation will need to have a talent paradigm, every individual in the organisation should have a talent mindset, its the right people that makes great organisation. HR should be the facilitator in creating a cultural shift and ensuring that the organisation imbibe this mindset.
Like the team pointed out, other factors incidental to employment such as compensation needs to be in line with expeactation yet creative to bind people and excite them to achieve more.
In all an excellent article, talks about HR's strategic contribution.
Monday, May 16, 2005
India's lagging Financial System
Friday, March 04, 2005
Is India Losing its competitive advantage in offshore outsourcing
India may give away couple deals to emerging markets such as China, Philippines,Russia etc, however India is way ahead in this industry and getting business out of India will be very tough.
Couple warning signs:
1) Attrition: India is currently facing one of the worst employee attrition, the high demand propelled by increased offshoring of work has taken the worst HR nightmare out of the box. No Shows, walk outs have become HR's reason for insomnia. High attrition will force companies to revise employee retention activities which will drive up employment cost in turn impacting price competitiveness which has been a major offshore calling card. Indian companies are now looking at cities such as Jaipur, Chandigarh, Calcutta,Chennai to tap local talents and to remain competitive to the clients.
2)Salary Inflation: With increased competition and multinational corporation waging a talent war, companies are looking at abnormal salary raises to employees to bind them to their companies. Money matter, that's what the new mantra is, commitment and loyalty is out of the window, Indian employees have found their new friend in waiting after a three year hiatus. Companies will have to look at yearly increases by 20 - 40% and will find it hard to provide same value add to Client without adding some of it to their project cost.
3) A weak dollar : May 2002 , a dollar fetched Rs.49, today a Dollar will get us Rs.43.5, with the trillions of deficit, the Dollar is not a favored currency at this time and may fall further which will directly impact offshore project pricing.
4) Political volatility & questionable infrastructure: India has always been viewed by the western world as unstable and volatile. Nuclear neighbors, a corrupt political and bureaucratic system, weak infrastructure ( road, electricity etc)are couple notable reasons why our own homegrown companies have disaster recovery centers at places lile Mauritius, or development facilities at Philippines and china.
5) Job burnout: The high demand industry is pushing the limits on people,no one talks of work-life anymore, extended working hours, late nights, night shifts have taken a toll on employee health and family. Result, an under productive employee - outcome a dent on quality.
Will India remain victorious, time will tell, India is the china of Software, its not only impossible but a long shot to outrun China from the manufacturing top spot, out placing India from the IT top spot is unthinkable at this time.
Stellar leaders, quality service at a fraction price, a untirin workforce,competent talent pool and consistency in successful delivery of world class services 24/7, India leads the pack by years.