Archive for the 'Careers' Category

Aug 13 2008

Profile Image of Alok Vats
Alok Vats

Nine Useful Guidelines for a Perfect Resume Writing!

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Writing a resume is the first step to get a job. A resume holds a very important role in getting a job. If it is not written and presented properly, you can face a immediate rejection whatever be your skills or qualification.

Management gurus says that the resume is the basic tool which can help you getting any job and the interviewer, who have to conduct the interview for thousands of candidates gives a brief look at your resume to decide whether he/she should proceed with the interview or to say a good-bye to the candidate. Resume accounts for about 50 % chances of getting recruited. Hence there is no need to explain the importance of resume anymore.

So to avoid rejection chances give a little time to write an impressive resume. All you need to do is follow a few basic guidelines. Here is some information regarding the subject which can help you:

1> Make a clear Objective: Writing an impressive resume is not so difficult. Before writing a resume, make sure about the needs of the organization where you are applying. Just place yourself in the shoes of the organization to make an easy way. Make an impressive but an honest objective according to the organization, the field or the post you are applying. The objective is the first thing that the reader notices.  Ask yourself some question like “What would the company be expecting from the candidates?”; “Why am I writing this?”; “What are my strengths that I should focus on?”

2> Do not copy: Be aware that you are marketing yourself through your resume to get the job. If it is unable to catch the eye of the interviewer, your job is finished before start. First thing you have to remember is that not to copy the words of any other in making your resume. Usually the candidates copy the resume from their friends by changing personal details. The resume passes through many hands during different rounds after applying and before the final interview. Do not follow this copy-paste rule.

3> Limit personal details: Give brief and necessary personal details only like name, address, the date of birth, contact number and email address. Avoid other irrelevant information like religion, height, marital status etc unless it is demanded by the organization.

4> Order academic details: The academic details should always be written in reverse order with the latest degree or the course at the top then going backwards. The format should be: the name of the course then college and university name followed by the duration of the course. Finally write down the aggregate percentage obtained in that course.

5> List down Work experience: Highlight your earlier work experience if any. This part of the resume will add up a positive mark in getting the job and will boost your chances of getting selected. The interviewer may question you the most from this section. Format should be: the post or the designation, at which you worked, followed by the name of the company and then write the duration.

List down the projects or other responsibilities you had handled in your earlier job.

6> Highlight Skill sets:  List down your technical skills like the soft wares, operating systems or languages you are skilled in. It is an important segment and will take you near selection. Working professionals can list their professional qualifications while the fresher can mention extra curricular and co curricular activities as well.

7> Reference section: At the end of the resumes the references section should be included as most companies require this.

8> Do not stretch: Resume should be concise and to the point. It should not stretch to more than two sides for working professionals and about one side for fresher. Long resumes should be avoided.

9> Avoid errors: At last but not least, read the resume to check any possible spell mistakes or grammatical error. The resume should hold all the information correctly and it should be all genuine. Do not add any false information.

If you takes care all these tips and rules, your resume will be concise and presentable and your chances of getting selected will be doubled. Good Luck!

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Jun 26 2008

Profile Image of Alok Vats
Alok Vats

India ranks 3rd in most popular destination for talent hunt!

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According to a recent survey by manpower Inc. borderless workforce, released on Tuesday, India has been ranked as the third most popular destination for sourcing foreign talent next only to China and the United States.

The survey conducted among 11 of the 26 foreign countries believes that India is going to pose a threat to other nations’ competitive ability, global staffing services firm.

The survey involved 1,924 respondents in India, however, showed that only 21 per cent of employers think the Indian government and businesses are doing enough to slow the outward migration of talent or attract these people back to the country.

“Of the 26 foreign countries surveyed, all nations with the exception of Costa Rica and Peru believe that India provides competitive threat to their own country’s ability to compete economically,” it added.

While the other seven major countries for sourcing foreign talent across the world, include United Kingdom, Germany, Japan, Spain, France, Canada and Poland.

The phenomenon of brain drain continues unabated and the concept of reverse brain drain has not yet gained currency.

Notwithstanding the fact that India is the third most popular destination for sourcing foreign talent, but the country receives the highest remittances about USD 27 billion from nationals working abroad, closely followed by China (USD 25.7 billion), Mexico (USD 25 billion) and Philippines (USD 17 billion).

The survey states that about 57% of employers are concerned about the impact on labor market from talent migrating abroad, while only 21% believe government and businesses are doing enough to slow the outward migration of talent and attract these people back to India.

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Apr 11 2008

Profile Image of Alok Vats
Alok Vats

AIIMS to introduce OBC quota in 2008: Ramadoss!

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The historic verdict of 27% quota to OBCs in higher education would be implemented in prestigious All India Institute of Medical Sciences (AIIMS) from the coming academic session.

A day after the deliver of this judgment from Supreme Court Union Health Minister Anbumani Ramadoss said that AIIMS will get quota this year “hopefully”

Ramadoss assured that the issue of increase of seats and infrastructure in the institute would be addressed.

AIIMS was the epicenter of protests during the anti-quota agitations in 2006. On the issue of creamy layer among OBCs being excluded from the ambit of the reservation, Ramadoss said “Since the Mandal Commission allowed quota in employment in 1990, only 5.3 per cent seats have been filled out of the 27 per cent”. “This is what will happen to this quota also if the creamy layer is kept out,” he said.

On the issue of graduates not availing the quota benefits if they have already done so once, the Health Minister said “we will go through the details of the order and then decide”. He, however, said the issue of the exclusion of the creamy layer and children of MPs and MLAs would be taken up at both the Cabinet and the UPA level.

“There are so many ex-MPs who have fallen on hard times and some MLAs even do not take home their salaries. To keep their children out of the reservation ambit would be unfair,” Ramadoss said. “These issues need to be kept in mind while dealing with the issue,” he added.

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Apr 09 2008

Profile Image of Alok Vats
Alok Vats

Indians most employed group in Britain!

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Indian national people in Britain have the highest number of people employed among all social groups, a latest official publication said.

“The proportion of working-age people living in work less households in the UK was highest for the Chinese ethnic group, at 25%, and lowest for the Indian ethnic group, at 10%, while 11% of people in the white ethnic group lived in a work less household,” the 2008 edition of `Social Trends`, a publication released by the Office for National Statistics said on Tuesday.

The publication says that Indians constitute the largest group in Britain among the ethnic minorities. Asians constitute about 5% of total population while black constitutes 3% of the population. There are around 12,15,000 Indians in Britain.

`Social Trends` provides an up-to-date and comprehensive description of society in 2007. The study revealed that UK has become more ethnically diverse in the past few years as its population has grown from 56 million in 1986 to 60 million in 2006. But 90% of the population is still white, compared to 93% in 2001.

The publication reveals that UK residents made a record 45.3 million holiday trips abroad in 2006. Nearly 3% of these trips were to Asia, where common destinations were India and Thailand.

It also points that the number of people aged 65 and above in the UK is expected to exceed the number aged fewer than 16 in 2021.

The proportion of people living alone is also on rise.

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Mar 28 2008

Profile Image of Alok Vats
Alok Vats

Armed forces seek 40-60 per cent pay hike!

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Unhappy with the 6th Pay commission’s recommendation for the Armed Forces, the three Service Chiefs on Thursday met Defence Minister, A K Antony, to propose a 40 to 60 per cent increase over and above the hike suggested by the panel, saying they deserved a better deal.

The chiefs believe that the pay panel had not done justice to soldiers and middle rung officers. Defence personnel should be given higher salaries which will also help to attract the people to make a career in this field in the backdrop of shortage of officers.

Chairman of Chiefs of Staff Committee, Admiral Sureesh Mehta, want modifications in the Pay Commission proposals including military service pay (MSP) be fixed at 25 per cent of the basic pay for soldiers, personnel below officer rank (PBOR) and middle rung officers.

It will also bind the officers and men to forces since there are about 1.2 million personnel in the Armed Forces.

A meeting was held for more than 90 minutes and was attended by Army Chief General Deepak Kapoor, Air Chief Fali Homi Major and Defence Secretary Vijay Singh.

The Services, according to sources, were also up in arms against the Panel’s recommendation of single pay band for soldiers, PBOR and for officers up to the rank of Brigadiers.

Written request is also submitted to the Minister, the Services have asked the government to consider “three pay bands” each for soldiers and PBOR and for officers from rank of Lieutenant to Brigadiers.

Though there was no official comment on the submissions made, it is understood that the Service Chiefs suggested that the report be supplemented by a separate pay commission for the Armed Forces.

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Mar 24 2008

Profile Image of Alok Vats
Alok Vats

40% salary hike: 6th Pay Commission!

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Finanace Minister P ChidambaramThe sixth pay commission has suggested a 40% hike in salaries of Central Governmant staff anf officers along with their counterparts in defence and paramilitary forces. The report is submitted to Finanace Minister P Chidambaram on Monday by Justice B N Srikrishna.

The current HRA in A1 cities is asked to retain the same according to reports but for HRA in non-A1 cities, the panel has recommended a hike of 10-20%.

50 per cent of salary is recommended as pension at the age of 80, 90, 95 and 100. Retirement age is increased to 62. Further, the Commission has recommended that the pay scales of Central government staff and officers, and their counterparts in the defence and paramilitary forces be revised from January 1, 2006.

Central government employees’ remuneration includes a basic salary, a 50% dearness pay merged with the basic and a 47% dearness allowance of the total.

Five working days are suggested with only three national holidays ending all other gazetted leaves. However, Maternity leave is increased to six months.

Pay hike to cost Rs 13,000 to 16,000 crores to government exchequer is recommended.

Excluding the arrears that would accrue to the 55 lakh employees, the annual impact of the new wage jump is estimated at Rs 12,561 crore.

The Commission, headed by Justice B N Srikrishna, was constituted in October 2006 and it had been given 18 months to submit its report. The panel’s recommendations are likely to benefit an estimated 4.5 million Central government employees.

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Mar 15 2008

Profile Image of Alok Vats
Alok Vats

CEO Vikram Pandit got $216 mn for Citi job!

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India-born Vikram Pandit gets nearly $216 million for his job as chief executive officer (CEO) of the world’s largest bank, Citi Group.

According to The New York Times, Vikram Pandit received about $165.2 million in connection with the sale of Old Lane Partners, the investment firm Citigroup bought last April for as much as $800 million.

Pandit received an additional $2.7 million in annual pay in the roughly six months he led Citigroup’s investment bank and alternative investments group.

The details of his pay and other top executives were found in Citigroup’s proxy statement released on Thursday.

And in January, Mr Pandit was given a sign-on grant of stock and performance-based options worth over $48 million, though the options currently no cash value. That brings the total to at least $216 million.

Mr. Pandit’s 2007 pay package is small for managing a bank of Citigroup’s complexity and size. But it does show awareness over the amounts he received from a sign-on award and bank’s acquisition of Old Lane. Of the $165.2 million, he will reinvest the after-tax proceeds of $100 million in an Old Lane fund until at least July 2011.

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Mar 11 2008

Profile Image of Alok Vats
Alok Vats

One million new jobs in 2008!

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One million fresh jobs have been predicted this year in India by a leading human resources consultancy firm. Maximum of which is supposed to be provided by Mumbai followed by Delhi, Chennai and Kolkata.

Ma Foi Employment Trends Survey (METS), conducted by Ma Foi, one of India’s largest HR consultancy firm has predicted a 3 % increase in employment in the current year, which promises to offer jobs for the freshers and other interested for a good change in their work.

According to the survey, maximum job opportunity jobs will come from hospitality sector which is presently at the top because if increasing tourism in the country. According to the survey, this sector is going to generate approximately 426,668 jobs. Next to it can be health sector with 295,829 jobs followed by education training and consultancy sector offering around 166,005 jobs.

“The boom in the tourism industry has had a cascading effect on the hospitality sector, which was a result of the increase in the occupancy ratios and average room rates. With the demand continuing to surge, many global hospitality majors have evinced a keen interest in the Indian hospitality sector,” says K Pandia Rajan, managing director, Ma Foi Management Consultants Ltd.

With an estimate, $11.41 billion is expected to be seen to be invested in the hospitality sector in the next two years. India is likely to have around 40 international hotel brands by 2011.

Economic growth rate may be moderate this year but employment growth is definitely going to be at a hike. While, information technology (IT) and information technology-enabled services (ITES) sectors continue with high growth in recruitment at 7.3 and 7.2 per cent, the health sector will show the highest growth in recruitment at 8.9 per cent.

According to the Federation of Indian Chambers of Commerce and Industry, the healthcare industry has emerged as one of the most challenging sectors in India. As per industry reports, the Indian health services sector is estimated to be around Rs 75,000 crore (Rs 750 billion) and is expected to grow by 170 per cent by 2012.

The survey also said that the real estate and construction industry records the highest percentage of work outsourced with 19 % followed closely by hospitality at 18.5 per cent. Survey said that Energy generation and supply sector will experience the highest average salary increase of 16.8%. IT, real estate and construction, trade and hospitality are other sector with a considerable increase in salary.

The study is conducted on 22 different sectors across 2006 units spanning all major industry segments from all over the country for predicting future employment trends for this year.

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Mar 07 2008

Profile Image of Alok Vats
Alok Vats

10 lakhs new jobs in 2008!

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A survey said that 2008 is going to provide more than 10 lakhs new jobs to Indians. Survey also said that few new sectors like Hospitality, Health and Education can beat Information Technology (IT) and related service sectors for providing more jobs.

According to an employment survey 2008, around 10,25,800 new jobs are waiting this year as compared to 10 lakhs 30 thousand jobs of last year in 2007. Hospitality sector shows highest job opportunity with an estimate of 4.26 lakhs jobs. It is estimated that there will be around 40 international hotel brands by 2011. Health sectors will also expect to give 2.95 lakhs vacancies. It’s all happening because of Medical tourism and telemedicine. Education sector will be connected by 1.66 lakhs of new employees this year.

This survey is conducted for 22 sectors on 2006 companies. Health sector is expected to be at the top regarding growth percentage.

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Feb 20 2008

Profile Image of Alok Vats
Alok Vats

Good increments in salary in India!

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It is supposed that salaries of Indian employees will be given average increment of around 12.2 % this year in India. Such a high rate of increment has not been recorded in any other country. Real estate people will earn pretty good money. They can be benefited with 25% increment in their salaries. This would the highest increment among all the increments of other sector, though it is 0.2 % less than last year’s increment.

According to Havitt Association Survey, telecommunication will provide 17.6 % increment in salary and 17.5 % is estimated in energy sector. People working in Banking and Finance sector will get 16.9% increment and those in retail will be benefited by 16.2 % increment. 16.1 % rise in salary is supposed to be considered in Accounting, Consulting and Legal sectors.

Sandeep from Havitt Association said that people working in India are in search of better options in their respective jobs. Good offers and better chances attract them towards other organizations. Companies used to provide better offers to prevent their employees to change their jobs.

Surveys said that though this year is providing heavy increments in the salary but it will show a slow increase in coming years. With a gradual decrease in increments, it will stabilize on 9-10 % by 2010. This survey has considered 19 business and 540 organizations.

IT enabled services are among those three sectors whose estimated salary increment is lowest. Other sectors include Electronics, Electrical and Vehicle Manufacturing sectors. Electronic and electrical sector will show 12.8 increments, 13.5 % in Vehicle manufacturing and 14% in ITes. Technology and services outsource sector will increase the salary by 13-14%. These two sectors are already providing good salary packages.

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