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Showing posts with label job. Show all posts
Showing posts with label job. Show all posts

Friday, 28 October 2016

10 rules for working with IT recruiters



Working with IT recruiters
There's a common misconception job seekers have about working with executive search firms, recruiters and employment agencies: They think these agencies are in business to help them land a job. It's important to remember that these firms work for employers, not for you -- and they are merely channels through which you may secure an employment opportunity, says Ford R. Myers, career coach, speaker and author of "Get The Job You Want, Even When No One's Hiring."
First, it's helpful to understand the differences among recruiting professionals, Myers says. Placement agencies that charge a fee should be avoided completely, he says. Contingency-fee recruiters are paid a percentage of the candidate's salary -- but only if they actually place a new employee, so proceed with extreme caution if using a contingency recruiter -- they're out to make a placement, any placement, regardless of fit. Retained executive search firms are the classic headhunters, who are granted an exclusive right to conduct a search on behalf of their client company and are paid a consulting fee even if the search is unsuccessful.
"When working with any type of executive search firm or recruiter, you must maintain control. Even though the search firm is not working for you, I tell my clients to supervise the work of recruiters as though they were managing a group of employees," says Myers. This means following these important guideline.
Be selective
Be careful and selective in choosing which recruiters you want to work with, and politely decline to work with those that don't appeal to you or are inappropriate for your situation.
"Before you agree to work with a firm or an individual recruiter, interview them and ask for recommendations. Are they reputable? Respectable? Ask them specifically how they work, and make sure you understand the specifics of their arrangement. Are they working internally for a hiring company? Are they a third-party recruiting firm with contracts to fill positions for clients? Or are they contingency recruiters?" says Myers.
One of the best ways to find a reputable, respectable recruiter or search firm is through networking and personal connections, much the same way you look for open job roles, Myers says. "Ask your friends, family members, even colleagues who they worked with successfully. People are going to talk about their bad experiences first and foremost, so you'll more easily know whom to avoid," he says.
Be honest
When speaking with external search firms be honest and direct about your job objectives, past compensation, desired salary, geographical preferences and other details. When you're working with internal recruiting and HR professionals, you can hold some of this detail back.
"With external recruiters, they're motivated to land you a higher paycheck -- they receive their commission based on that amount. With internal professionals, they're motivated to save their business money by getting you to take the job at a lower salary," Myers says.
Never pay for anything
Never pay any sort of "registration fee" or any other money -- for anything in the whole recruiting process. All the search firm's fees should be paid by the employer.

Monday, 24 October 2016

India's IT Party is over. Reinvent yourself or suffer



India’s  IT industry is unlikely to remain the amazing job-engine that it has been. For the past two decades, the fastest way to increase your income has been to land a job with an IT company. The industry has provided a ticket to prosperity for millions of young Indians; children of security guards, drivers, peons and cooks catapulted themselves and their families firmly into the middle class in a single generation by landing a job in a BPO. Hundreds of engineering colleges mushroomed overnight churning out over a million graduates a year to feel the insatiable demand of India’s IT factories. 

This party is coming to an end. A combination of slowing demand, rising competition and technological change means that companies will hire far fewer people. And this is not a temporary blip- this is the new normal. Wipro’s CEO has bravely admitted that automation can displace a third of all jobs within three years while Infosys CEO Sikka aims to increase revenue per employee by 50%. Even NASSCOM, the chronically optimistic industry association, admits that companies will hire far fewer people.  Not only will the lines of new graduate waiting for job offers grow rapidly longer every year, but so too will the lines of the newly unemployed as all companies focus more on utilization, employee productivity and performance. Employees doing tasks that can be automated, the armies of middle managers who supervise them and all those with mediocre performance reviews and without hot skills are living on borrowed time.

So what do you do if you are a member of these endangered species? What constitutes good career advice in these times? I’d say that the first thing is to embrace reality and recognize that the game has changed for good. The worst thing to do is be wishful and wait for the good times to return. They won’t. But there’re still lots of opportunities. What’s happening in the industry is ‘creative destruction”. New technologies are destroying old jobs but creating many new ones. There is an insatiable demand for developers of mobile and web applications. For data engineers and scientists. For cyber security expertise. So for anyone who is a quick learner, anyone with real expertise, there will be abundant opportunities.

There has also never been a better time for anyone with an iota of entrepreneurial instinct.  India is still a supply constrained economy and so there is room to start every kind of business: beauty parlour,  bakery, catering, car-washing, mobile/electronics repair, laundry, housekeeping, tailoring. For entrepreneurs with a social conscience, there is a massive need for social enterprises that deliver affordable healthcare, education and financial services. Not only are there abundant opportunities but startups are “in” and there is no shame at all in failure.  The ranks of Angel investors is swelling and it has never been so easy to get funded. There is even a website www.deasra.in that provides step by step instructions to would-be entrepreneurs.  

For those who prefer a good old-fashioned job, there are abundant jobs in old economy companies which are struggling to find every kind of talent- accountants, manufacturing and service engineers, salesreps.  Technology is enabling the emergence of new ‘sharing services” such as Uber or Ola that enable lucrative self-employment; it is not uncommon to find cab drivers who make 30-40,000  rupees/month.

My main point should be clear. While India may have a big challenge overall in creating enough jobs   for its youthful population, at the individual level, there is no shortage of opportunities. The most important thing is a positive attitude. The IT boom was a tide that lifted all boats- even the most mediocre ones. However, this has bred an entitlement mentality and a lot of mediocrity. To prosper in the new world, two things will really matter. The first is the right attitude. This means a hunger to succeed. Being proactive in seeking opportunities not waiting either till you are fired or for something to drop into your lap . A willingness to take risks and the tenacity to work hard and make something a success. Humility. Frugality.  The second is the ability to try and learn new things. The rate of change in our world is astonishing; whatever skills we have will largely be irrelevant in a decade. People are also living much longer. So the ability to learn new things, develop new competencies and periodically reinvent ourselves is a crucial one. Sadly too many of us have no curiosity and no interest in reading nor learning. The future will not be kind to such people.

“The snake which cannot cast its skin has to die.”- Friedrich Nietzsche

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