Satyam Computer Services, one of the major IT companies of India has reportedly asked 30 employees to leave as they fudged the bills. It is not long enough that this happened and now over 200 employees of Satyam got the 'pink slips' recently. Satyam distributed these pink slips soon after it announced the second quarter results. The remaining employees are not sure whether/when they would be called to take the pink slip.
The world economy at this moment seems to be very unstable and such an economic slow down is directing the companies to look after various measures of retrenchment. Is decreasing the head count the first option left to companies? Satyam, however says that this move is not a cost cutting measure and says that this is very normal during the period July - September every year followed by appraisals, where the bottom performers are absorbed into such action plans. Sources inside Satyam also say that once an employee has been identified as a bottom performer, management would try and look for alternatives like allowing time to improve & prove their mettle, relocating the employee to a diff project etc, by discussing with the employees. One of the employee who was recently shown the door says that he was shocked to note that he was being removed on the grounds of his performance whereas he was one of the best performers of few great projects that Satyam handled.
Reacting to the situation, management of Satyam tells us that they are continuously hiring and asks if they had such a requirement then why would they let the experienced professionals go? Is the continuous hiring drive a strategy to be in competition worldwide and cutting down the headcount a strategy to make the share prices float? We will have to wait and see what is the fact and how many more will be counted down.
Those who have been removed now have no other option but to move on & start their job search, all that we can say is be careful in choosing the offer and please do not compromise on the standards of the company and your long term goal for higher pay packages. All the best for your job search!
Showing posts with label Job Search. Show all posts
Showing posts with label Job Search. Show all posts
Thursday, November 13
Monday, September 29
Resume your job search with a good 'resume'
While searching for a job it is very important that you have a striking resume that attracts the attention of the interviewer to sustain in the present day competition. A Curriculum Vitae (CV) is a quite similar to Resume, the only difference being the emphasis on academics in a CV. In order to start your job search, you should first talk to yourself about the areas in which you excel and about the functional areas into which you want to move. After having a clear idea of which field you want to head in to, try and gather more information about that particular filed of your interest. The more information you get, the more advantage you would have in preparing yourself for the role.
Resume would be your first message to the recruiter about your interest in that particular job, so you should be serious about the way you present it, if you are really serious about the job. There are many formats of resumes seen in the job market, and recruiters come across all kinds of resumes, so what is that you can add in your resume which can make them feel that your resume is the best or at least different than that of others'. So, you should be very careful in preparing your resume if you know that many people are applying for the same job. I suggest, to prepare a resume that is simple yet informative. If your area of interest is a creative one such as film making, writing, web-designing, fashion designing, advertising, then you might wish to have your creative talent evolve out of your resume. Many of us, still do not understand the importance of dedicating time to prepare our own resumes, hence most of us try to edit our friends' resume with our information, which does not serve the complete purpose.
In the past, resumes were never longer than two pages, however the present day situation doesn't have any objections with longer resumes as long as it provides a concise, adequate, and accurate description of an applicant's employment history and skills. These days most of us use the search engines of the job portals to help us find the right job for us and hence it is OK to have a little longer resume to differentiate and distinguish our profile from many others who apply for similar jobs, but should never be too long. With the help of these job portals and other advanced search options, job seekers can easily make their resume visible to the employers. At the same time employers also get a huge pile of resumes for the same job, hence it is worth noting that we should ensure that our resumes are tailored for the specific job that we are applying for.
Finally, a resume should be accurate and up to date, so do not forget to update your resume on a timely manner whenever required. Ensure that you take some time to go through the resume in order to check the spelling & the grammar to avoid simple mistakes( also typing errors). Your resume reflects your interest in the job that you have applied for and hence you should first be interested in writing your own resume. So, what are you waiting for, take some time off and resume your job search with a wonderful 'resume'.
Resume would be your first message to the recruiter about your interest in that particular job, so you should be serious about the way you present it, if you are really serious about the job. There are many formats of resumes seen in the job market, and recruiters come across all kinds of resumes, so what is that you can add in your resume which can make them feel that your resume is the best or at least different than that of others'. So, you should be very careful in preparing your resume if you know that many people are applying for the same job. I suggest, to prepare a resume that is simple yet informative. If your area of interest is a creative one such as film making, writing, web-designing, fashion designing, advertising, then you might wish to have your creative talent evolve out of your resume. Many of us, still do not understand the importance of dedicating time to prepare our own resumes, hence most of us try to edit our friends' resume with our information, which does not serve the complete purpose.
In the past, resumes were never longer than two pages, however the present day situation doesn't have any objections with longer resumes as long as it provides a concise, adequate, and accurate description of an applicant's employment history and skills. These days most of us use the search engines of the job portals to help us find the right job for us and hence it is OK to have a little longer resume to differentiate and distinguish our profile from many others who apply for similar jobs, but should never be too long. With the help of these job portals and other advanced search options, job seekers can easily make their resume visible to the employers. At the same time employers also get a huge pile of resumes for the same job, hence it is worth noting that we should ensure that our resumes are tailored for the specific job that we are applying for.
Finally, a resume should be accurate and up to date, so do not forget to update your resume on a timely manner whenever required. Ensure that you take some time to go through the resume in order to check the spelling & the grammar to avoid simple mistakes( also typing errors). Your resume reflects your interest in the job that you have applied for and hence you should first be interested in writing your own resume. So, what are you waiting for, take some time off and resume your job search with a wonderful 'resume'.
Wednesday, September 17
Finding a job is also a job, Bob!!!
Many of us are still not sure about how to find a job effectively, most of us do not have any answers for few questions yet. Nowadays, it is not just applying for the job and anticipating the best results, instead you have a to prepare yourself in such a way that you get hired by your dream companies - this again is another job.
To start your job search you must first analyze yourself on what you want to be, and start preparing. Why should you prepare? You should prepare because employers are very selective and among the numerous applications they receive they will have to choose the most deserving candidate who can add to their company's productivity. The competition these days forces you to prepare so that you will gain that edge among other applicants to emerge as a winner, hence you have to prepare before applying to a job or rather before starting your job search.
How will you come to know which company is hiring, especially companies which fall under your interest? Not to worry about this, the speed with which news travels these days is unbelievable, you can look for jobs in almost every media, TV, radio, newspapers & internet, other than your college placement cell, consultants & job fairs. You can also find whether the company that you are looking to get into has an opening or not by networking, just get in touch with a person who is working with that company to find if there is any opening in the company.
Once you find an opening, the next important thing is to prepare or modify your resume according to the position that you are applying for. These days you may find many sample resumes through sources like books, magazines and internet. You may try to implement the rules described to prepare your resume, but remember you have to be true with what you present. Do not copy a resume or try to add things in your resume which might not suit your 'real' personality. Resume creates the very first impression when you apply for a particular job as it stands to be the only source of information for the employer to short list the applicants.So, be careful while you forward your resume.
The next step is to prepare for an interview, and for this you have to prepare well as we discussed before that companies are very selective. In order to grab the job, you will have to convince the interviewer that you are the best fit for the job. Be confident and maintain an eye contact with the interviewer while talking, do not let the smile move out of your face even if you do not have answers to the questions being asked. Companies which fall under the category which anticipates a high attrition rate look for individuals who can promise a stable contribution. So, if you are applying to these jobs, you will have to make the interviewer understand that you are here to stay - you can add a personal reason to support it. You must display maturity, right attitude, and a presentable appearance while you are being interviewed. Remember that you are offering your services to the company, so you should be in a presentable manner.
If you comply with what the company needs and if you convince them that you will definitely add to the company's productivity, the job is yours, and you will soon be a part of your dream company. Stay positive all the time and if you do not get hired, try to work on the areas which you think are the key for the loss. There lies another opportunity for all those individuals who are optimistic. All the very best to you.
To start your job search you must first analyze yourself on what you want to be, and start preparing. Why should you prepare? You should prepare because employers are very selective and among the numerous applications they receive they will have to choose the most deserving candidate who can add to their company's productivity. The competition these days forces you to prepare so that you will gain that edge among other applicants to emerge as a winner, hence you have to prepare before applying to a job or rather before starting your job search.
How will you come to know which company is hiring, especially companies which fall under your interest? Not to worry about this, the speed with which news travels these days is unbelievable, you can look for jobs in almost every media, TV, radio, newspapers & internet, other than your college placement cell, consultants & job fairs. You can also find whether the company that you are looking to get into has an opening or not by networking, just get in touch with a person who is working with that company to find if there is any opening in the company.
Once you find an opening, the next important thing is to prepare or modify your resume according to the position that you are applying for. These days you may find many sample resumes through sources like books, magazines and internet. You may try to implement the rules described to prepare your resume, but remember you have to be true with what you present. Do not copy a resume or try to add things in your resume which might not suit your 'real' personality. Resume creates the very first impression when you apply for a particular job as it stands to be the only source of information for the employer to short list the applicants.So, be careful while you forward your resume.
The next step is to prepare for an interview, and for this you have to prepare well as we discussed before that companies are very selective. In order to grab the job, you will have to convince the interviewer that you are the best fit for the job. Be confident and maintain an eye contact with the interviewer while talking, do not let the smile move out of your face even if you do not have answers to the questions being asked. Companies which fall under the category which anticipates a high attrition rate look for individuals who can promise a stable contribution. So, if you are applying to these jobs, you will have to make the interviewer understand that you are here to stay - you can add a personal reason to support it. You must display maturity, right attitude, and a presentable appearance while you are being interviewed. Remember that you are offering your services to the company, so you should be in a presentable manner.
If you comply with what the company needs and if you convince them that you will definitely add to the company's productivity, the job is yours, and you will soon be a part of your dream company. Stay positive all the time and if you do not get hired, try to work on the areas which you think are the key for the loss. There lies another opportunity for all those individuals who are optimistic. All the very best to you.
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