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Stuck in ETL Technical Lead Role for 20 Years - Career Advice Needed?

Krishna Kumar |383 Answers |Ask -Follow

Workplace Expert - Answered on Aug 09, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more

Question by MaheshChandra on Jul 17, 2024Hindi

Career

Hi Sir, I have 20 years experience as a ETL technical lead, and since i am very good with attention to detail, i kind of stuck with this tech lead role for too long now. My salary is stuck at 15 lakhs and with 20 years experience and the technologies that keep changing, finding job is getting difficult. Even after learning new technologies, i am repeatedly being put in same old legacy stuff and also for my experience, they expect more from me which i am not able to answer due to my under exposure . I should have been atleast a senior architect now. But technology is becoming a hard nut to chew on these days. i am also inclined towards program manager kind of job but then since i have been in technology for 20 yrs now, if i have to start as a manager it will take a whole lot of time and effort to reach program manager role. Also, if all i have to concentrate is on becoming a program manager then i feel that this 20 yrs of experience may go waste..and maybe i repent that i should have started early in my career and should have taken a project manager role so that by now i would have become a program manager...i am so lost and inspite of being so senior i am not able to make decisions nor do i have clarity on what i want...

Ans: Hello

It is indeed difficult to keep pace with changin technology, but unfortunately that is the reality. The advantage you have is being hands on for all these years in tech. I would suggest you learn a few of the new age languages (javascript / python) and then become hands on by taking up freelancing assignments from odesk.com upworks.com freelancer.com (probably for a year or two) and then re-apply - there are a lot of opportunities to earn for good engineers with actual tech-hard-skills.

All the best

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Hello Sir, I am 39 years old, married and have 10 years old daughter. I work in a BPO (Risk and Compliance Department) since I was 23. Since I was not ambitious during my college days and till now I have no goals, no aim, no passion, the current job I find it very boring. I am stucked at an Analyst level since last 17 years. Also, with lot of family issues at my home, my mind does not work openly and have stucked in the comfort zone. I am a hard working person but not smart working. My wife is a housewife and have no other income other than my job. I want to grow, do lots of hard working but due to lack of self confidence, I always have a fear to get at TL or Manager level. Also, I am not sure which industry I have interest in. It is only since 17 years, I am doing this job, I tell everybody that I am from a BPO sector. But I really want to earn more so that I can fulfill my family needs but please help me in which direction I should go and Howww? I know at the age of 40, I cannot start working in a new sector with no prior experience but really is it too late to change the sector? and if no, Please suggest me any industry where I can start from scratch, learn new things and can work with great interest and can grow myself.

Ans: I find your first few sentences very negative. Please get a hold of yourself and regain your lost confidence. To start from scratch at this stage is not advisable but one can branch off into related fields about which you know the best. Change your attitude, think positive and the solutions will come to you! Other than this is really cannot suggest anything specific since the information given is inadequate.

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Ans: There are many options available. You will have to match your interest with what the job market requires. In IT field itself there are many options like Data Science, Data Analyst, Business Analyst, etc. Can go to other relevant fields like Digital Marketing, for which you will have to upskill yourself. Can do so along with your current job.
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Hey sir, I just checked and got to know I have entered wrong dob in my jee mains application form and since now correction time is over, am too worried what should I do now,

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Asked by Anonymous - Dec 24, 2024Hindi

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Hello i am almost 30 now I have invested around 40 lakhs in Market (mutual funds plus equity) 6 lakhs ppf maybe 2 lakhs pf I have parental property of combining around 2.5cr I have my parents helath insurance from a private insurance company, also covered by cghs health scheme,so no major worries about health expenses, for me i have 10lakhs health insurance Apart from this we have family pension also. As of now overall i have a monthly income of around 2-2.25 lakhs. I have a car a bike a scooty all valid for next 8-10 years What should be my goal amount for the retirement, i want it as early as possible As per the current scenario i am assuming i will live max till 75 years age. As of now i can invest 80-90k per month Yet to be married i assume i need atleast Lakhs per month as of now What should be the ideal amount with which i can retire

Ans: Hello;

Hope you have adequate term life insurance for yourself.

You may start a monthly sip of 90 K in a combination of pure equity mutual funds.

After 10 years your sip and lumpsum investment will grow into sums of 2.09 and 1.24 Cr respectively.

This adds upto 3.33 Cr. If you add your ppf and EPF corpus then this should add upto a sum of around 4 Cr.

If you invest this corpus in a conservative hybrid debt fund and do a SWP at the rate of 3.5%, you may expect a post tax monthly income of
1 L+.

As you get married your expenses will rise as also the need to plan for various other goals.

Therefore the decision to retire from regular 9-6 job should be backed up with alternate business plan or such other plan to monetize your hobbies that may yield income over atleast next 10-15 years.

Best wishes;

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Ans: Hello dear.
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Ans: Dear Sonalee,
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Hi sir, 52 yrs old Government servant Have savings of 2 crore, have two houses presently 06 yrs to retire No debt Liabilities are higher education of two daughters Will get total 4 crore as retirement corpus and will have savings of about 01 crore after doing all expenses Pension will be around 1.75 lakhs monthly Is it sufficient?

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If your current regular monthly expenses are 1 Lac or below then it looks okay.

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Hi sir i am 42 yrs old with 80k income monthly No investments other than 1 house for investment purpose worth 50L health insurance are in place kindly suggest if i will retire at 55 years

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If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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