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Always be prepared from the fraud which lots of companies are doing with the fresher. Some times the experienced people too faces the same situation, so always be prepared to fight against job fraud. Here are a few quick tips which can ensure you from frauds:

#1 Tip: Never reveal your confidential detail to any employer: Always be prepared to say NO to any employer if he asks for either your credit card details or any type of secured numbers. If some one asks these details then it is better not to join that organization.

#2 Tips: Never join the Organization if they don’t have any Business Plan: If you have faced the interview in any organization and that organization is not having any Business Plan or Model, then don’t plan to join that one. They will always make you unsatisfied in long run.

#3 Tips: Do not join the company which has not taken proper Interview: This is also one sort of fraud, many companies don’t take any sort of interviews and they offer you to join them. Leave them immediately otherwise you might feel problem with them. It is in fact my personal opinion that there is always some kind of fraud behind these types of companies which offers you without taking any type of interviews either front to front or telephonic one.

#4 Tips: Leave the company immediately if they ask you any amount to deposit: This is the biggest type of fraud I have ever seen. Not a single good company is there which will ask you to deposit any amount before giving the offer letter to you. So if any company asks you to deposit any amount then leave them immediately.

#5 Tips: Check the Offer Letter Properly: Offer letter is the main source of information about any company at initial level. Once you will get the offer letter go through each and every word of the letter with proper care. Check if there is something which is objectionable. Do the research from your self about the past of the company.

It is the time when students are facing the campus interviews; lots of companies are recruiting them despite the global downfall of the market. So it is good to prepare against any sort of fraud. Always be sure to join any company, since if it is your first job then it is going to affect you through out your life. Best of luck to all the students from I News India Team.

Tags: Business Model, Business Plan, Companies, Confidential Detail, Employer, Experience, Face to Face Interview, Fresher, Global Downfall, Interview Tips, Job Fraud, Job Tips, Offer Letter, Proper Interview, Quick Job Tips, Telephonic Interview, Tips for Joining New Job, Tips to face Interview

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As the year 2008 is passing away, it is leaving behind lots of memories in our mind. A year which can be remembered for lots of events like US got the first African-American President, and the Grand Olympic events in which Michael Phelps created history by winning eight gold medals, terror attack on Mumbai and many more events. Here are the top six events of the year 2008.

1> US got the first African American President:

In 2007 most of the people are not aware from the name of Mr. Barack Obama. During the presidential campaign he first defeated the former US first lady Hillary Clinton and then he defeated the thinking of the people that US will never elect an African-American as President. On November 04, 2008 he defeated the Republican candidate John McCain by a huge margin and thus he became the 44th President of United States of America.

2> China Olympic 2008:

For the first time China hosted the Olympic Games and on this occasion China opened the door to the entire world. Summer Olympic 2008 which were popularly known as XXIX Olympiad shows the strength of China to the entire world. The grand opening ceremony will always remain in the memory of lots of people forever.  People will also remember this event for the eight gold medal won by Michael Phelps.

3> Global Economic Crisis:

Year 2008 will also be remembered for the biggest stock market crash. It was even the worst market crash since the Great Depression (http://en.wikipedia.org/wiki/Great_Depression) of 1929. The global share market crash started from September 2008, which is still going on and created a huge financial problem through out the world. US became the first victim and then almost each and every country became the victim of the scenario. This incident caused heavy downfall in job sector and few people lost their job too.

4> Mumbai Terror Attack:

An incident which shocked the entire world, it started from the night of 26th November 2008 at Mumbai which is known as the Business Capital of India. The incident of the attack by around 10 terrorists to the financial capital of India took the life of around 175 people including some foreigners too. This incident shocked the entire India as well as the world too.

5> Shoe throwing Incident to Bush:

The year 2008 will also be remembered for the incident of the shoe throwing to the US President Bush. Muntadhar al-Zeidi, a journalist, threw the shoes to the US President on 14th of December, in a joint news conference with Prime Minister Nouri al-Maliki of Iraq. Later al-Zeidi has been hailed as a hero in the Arab world.

6> India’s First Unmanned Mission to Moon:

It was a huge success to the Indian scientists and a boost to India’s space mission. India launched the first unmanned mission Chandayaan-1 on 22nd October 2008, and thus India became the superpower in the field of space missions. Now India is planning to launch the manned mission to the moon.

Other than these events some of the great people passed away during 2008 include Paul Newman, Sydney Pollack, Tim Russert, Bernie Mac, Heath Ledger, Mahender Kapoor. The list has a few more name and we pay homage to all of them.

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The Armed Forces are furious over the government’s inaction to revise of the clauses of sixth pay commission report that are related to armed forces. The armed forces have refused to accept the sixth pay commission report after their demands were rejected by the government.

Due to the strong negative feelings of the armed forces against the 6th Pay commission’s recommendation for the Armed Forces, Prime Minister Mr. Manmoham Singh has set up a committee to look into the matter. This committee, which includes the defense minister Pranab Mukherjee, is set up to propose a 40 to 60 per cent increase over and above the hike suggested by the panel. The committee will look into “anomalies” in the notification of new pay scales for the armed forces by the 6th Pay Commission. It is expected to submit its report by the end of October.

The government has announced ad hoc payment of arrears to all ranks. These range from Rs 25,000 for jawans to Rs 50,000 for subedar-majors. Lieutenants can expect Rs 55,000 and Lt-Generals Rs 2.25 lakh.

The major reason for not accepting the Six pay commission’s report is that while the Lt-Colonel rank officers have been lowered by retaining them in Pay Band-3 (Rs 15,600-39,100), the civilians and paramilitary officers have been raised to level PB-4 (Rs 37,400-67,000).

Demand of Defense forces is to renew the parity of grade pay for lower and middle rung Service officers with their civilian counterparts, who are going to get more as per the new pay scales. Then, of course, the armed forces are also angry that all director-generals of police and their equivalents have been placed over Lt-Generals by the creation of a new “higher administrative grade-plus”.

Tags: 6th Pay, 6th Pay Commission, Armed Forces, Commission 6th Pay, pay commission, Pay Commission Report, Sixth Commission, sixth pay commission

An impactful CV is the first step towards success because it is the deciding factor as to whether you would get to face the interviewer or not. It is not merely a piece of paper wherein you scribble your name, education and job experience. It is a professional document which gives the prospective employer a way to gauge your potentials remotely. So you should be extra cautious while preparing your CV so that it is error free and impressive. Here are few tips which can help you do so.

CV should be concise: Recruiters get tones of CV’s daily and don’t have the time or patience to dig through an incoherent document. Only a punchy CV can get you noticed in the first place. So keep it short and effective. Make it no more than two sides of A4 paper and save the real detail for your interview. The layout should be simple, uncluttered and in an easy-to-read font.

Avoid gaps in between jobs: Even if you were out of employment, you can develop soft skills such as communication, teamwork or project management. You should update your CV regularly, so that you don’t have to recall distant points in your career and there is no ambiguity in your CV.

Make sure it’s error free: One of the easiest ways for a recruiter to throw out a week resume is by scanning it for errors. If you fail to check your CV for basic spelling and grammatical mistakes, you are hammering your own chances of getting a call in the first place. Most errors can be detected by using PC’s spell-checker, but you should also ask someone else to read your CV and give you their opinion.

Be brief with your personal information: Putting in a lot of personal information is unnecessary and it only makes the CV lengthier than required without doing any value addition. Just include your name, contact details and nationality. The recruiter is more interested in knowing your skills and expertise in the field rather than knowing you personally through your CV.

Highlight on your career history and key skills: Your skill set and your career history are the two major things which the recruiter would be interested in. So pay special attention to these two areas. Be as specific and detailed as possible to avoid any ambiguity or confusion to your potential new employers. Give the dates that you started and finished the role, the job title, the company for which you worked and give a short one-line description of the company’s activities and its website. List your key achievements in the roles you mention.

Tags: Career, Career History, Concise CV, CV, Error Free, Gaps in Jobs, Good CV, impactful CV, Interview, Jobs, Key Skills, Personal Information, success, Tips

Few years back, India was basking in international recognition as a lucrative business destination for foreign companies. With more and more companies outsourcing their key business processes to India, the BPO industry saw an unparalleled boom. This created countless employment opportunities for young graduates and professionals. It became a great career option for numerous young, mid-career professionals to earn a competitive pay package and get acquainted to international work standards and cutting edge technology.

But with the financial meltdown in USA, the prospects of BPO industry look bleak now. With the crash of the major financial behemoths at the Wall Street, there is chaos, panic and despair in the entire IT and BPO industry in India. Almost 60% of the IT-BPO companies get their bread and butter from American financial institutions like Goldman Sachs, Washington Mutual, Citigroup, Bank of America, Morgan Stanley and Lehman Brothers. The future of about 23 lakh people is in doldrums right now with layoffs being witnessed in all major firms. Leading global HR consulting firm Manpower has drastically downgraded hiring outlook for India. According to Manpower, hiring outlook (percentage of hiring that companies plan) dipped from 56% to 33% for quarter ending March 2009 for finance and insurance sectors. For IT-ITES, the outlook has declined from 58% to 47%. Companies are going to be badly hit, especially in the banking financial services & insurance (BFSI), IT and BPO, say experts. It is estimated that at least 5000-8000 people may have to search for other job options.

Meanwhile, at Lehman’s India unit, the fate of 2,500 employees is still uncertain. At a meeting in Hong Kong this week, the company decided that employees will get their September salary, but there was no word on their future.

Vikram Bhardwaj, CEO of Redileon, an executive HR firm said: “All hirings, especially of top management across sectors, is going to be badly hit in the ripple effect. From short-to-mid term, the scenario can only worsen, unless positive signals emerge from the US economy. Every new requirement for a hiring is being scrutinised heavily by the finance departments in IT companies.”

The ripple effect has lead to cost cutting in the IT and BPO industry in India. This has a direct impact on the recruitment and pay-packages offered to fresher’s.

Though Indian BPO industry is shaken by the global meltdown, there might still be some hope left. Nasscom has assured that the impact on Indian industry would be company specific and short term. Stating that the Indian IT-BPO sector is a part of the global financial system that has seen a lot of turbulence in the recent past, the apex body said ‘our preliminary analysis of the current situation indicates that the impact will be short term and company specific.

All we can do is wait and watch how the world-wide paranoia and crisis affects the Indian industry in the future. Let’s hope that there is a silver lining of optimism behind this cloud of disaster.

Tags: Bank of America, Banking Financial, BPO, BPO Industry, Career, Citigroup, Goldman Sachs, HR, HR Consulting, India, IT and BPO, Lehman Brothers, Morgan Stanley, Outsourcing, Redileon, Ripple Effect, USA, Washington Mutual

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!

Tags: Academic, Help, Job, Job Hunt, Job Search, Management, Objective, Profile, Reference, Resume, Resume Management, Resume Writing, Resumes, Skills Set, Tips, Work Experience

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.

Tags: Brain Hunt, Employees, India, Talent, Talent Hunt

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.

Tags: AIIMS, OBC, Quota

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.

Tags: Britain, Career, China, Employment, India, UK

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.

Tags: 6th Pay Commission, Indian Army, pay commission, Salary Hike