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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Jul 04, 2023

Abhishek Shah is an experienced tech and HR leader. He has over 10 years of experience in helping create sustainable thriving businesses, leveraging technology and mentoring people. He founded Testlify, a talent assessment platform in 2022. He is passionate about helping founders build high-performing tech teams. ... more
sunil Question by sunil on Jul 03, 2023Hindi
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Career

hi Abhishek , i am having 22+ year experience and working as a software delivery head, but salary is like nothing, so what is to do to get good salary job, even i have a good knowledge also, but not able to get the job, and due to this my marriage is also not happening, i got divorce in 2007, but since that i am not able to do the 2nd marriage, i am trying and not able to get the 2nd marriage, so can you please guide please.

Ans: Hello Sunil,

I understand that you're experiencing difficulties in finding a job with a good salary despite having over 22 years of experience as a software delivery head. I can provide you with some suggestions that may help you in your job search and personal life:

Update your resume: Make sure your resume highlights your extensive experience, achievements, and skills. Tailor it to each job application, emphasizing relevant accomplishments.

Networking: Connect with professionals in your industry through networking events, online platforms, and professional associations. Building relationships and seeking referrals can increase your chances of finding job opportunities.

Job search platforms: Utilize popular job search platforms and websites specific to your industry. Regularly check these platforms for new job openings and apply to positions that match your skills and experience.

Stay updated: Keep yourself updated with the latest industry trends, technologies, and certifications. Attend conferences, workshops, and webinars to enhance your knowledge and stay competitive in the job market.

Polish your interviewing skills: Practice common interview questions and prepare your responses. Highlight your achievements and how your skills align with the requirements of the job you're applying for.

Consider contract work or consulting: Explore opportunities for contract work or consulting gigs, as they often offer higher rates and can lead to permanent positions or other opportunities.

Professional development: Identify any gaps in your skills and consider taking courses or certifications to update your knowledge. This demonstrates your commitment to professional growth and can make you more marketable.

Regarding your personal life and desire for a second marriage, it's important to prioritize your emotional well-being and self-care. Here are a few suggestions:

Reflect and heal: Take time to reflect on your past relationship and the reasons for the divorce. Seek closure and consider therapy or counseling if needed to heal and move forward.

Focus on personal growth: Engage in activities that bring you joy, pursue hobbies, and invest in self-improvement. Cultivate your interests and passions, which can make you more confident and attractive to potential partners.

Expand your social circle: Participate in social activities, join clubs or groups related to your interests, and attend events where you can meet new people. Expanding your social circle increases the likelihood of meeting someone compatible.

Online dating: Consider using online dating platforms to connect with potential partners. Be honest about your intentions and take the time to get to know people before committing to a serious relationship.

Seek professional help if needed: If you're struggling emotionally or finding it challenging to move forward, consider seeking guidance from a therapist or relationship counselor. They can provide support and assist you in navigating your personal journey.

Remember, finding a job with a good salary and a fulfilling personal life takes time and perseverance. Stay positive, believe in your abilities, and keep working towards your goals.

Regards,
Abhishek Shah
Career

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Ashwini

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I am having more than 22+ experience but not able to get the job, my name is sunil r nair, i am working as a software delivery head, with nothing pay like money, so what should i do to get job with good salary.
Ans: Hi Sunil,

Thank you for writing in.

Few tips to get started.

Self-Assessment: Identify your skills, interests, and strengths. It's been 22 years so by far you would have enough clarity what are your strengths and area of interests. We often tend to ignore and take it for granted due to our vast experience. Hence recommendation is to revisit your own strengths and interests.

Polish Your Resume and Cover Letter: Craft a well-written resume and cover letter that highlight your achievements, skills, and experiences. Tailor them to each job application to showcase your suitability for the role. Customize your resume as per the jobs.

Networking: Build a professional network by attending industry events, job fairs, and connecting with people on social media platforms like LinkedIn. Many jobs are found through referrals and personal connections.

Online Presence: Create a strong online presence through platforms like LinkedIn and professional portfolios. Showcase your expertise and share valuable content related to your field.

Job Search Strategies: Utilize various job search platforms, such as online job boards, company websites, and recruitment agencies. Be consistent and diligent in your job search efforts.

Prepare for Interviews: Practice common interview questions and be ready to articulate your skills and experiences confidently. Research the company and the role to demonstrate your interest and knowledge.

Focus on Soft Skills: Apart from technical skills, employers value soft skills such as communication, problem-solving, teamwork, and adaptability. Work on developing and showcasing these skills in interviews and on the job.

Continuous Learning: Stay updated with industry trends and advancements. Participate in workshops, webinars, and seminars to keep improving your skills and knowledge.

Professional Attitude: Demonstrate a positive and professional attitude during your job search and in interactions with potential employers. Be punctual, courteous, and responsive in your communications.

Follow Up: After interviews or submitting applications, follow up with a thank-you email or letter. It shows your interest and appreciation for the opportunity.

Be Open-Minded: Be flexible and open to exploring different job opportunities, especially if they align with your long-term career goals.

As you have been in the industry for 22 + years look at your own networks who could refer and guide you for the right opportunities. Importantly trust yourself and your abilities. Job Search requires patience. You will get there soon.

Hope this helps. All the best.

To Your Success. Be You. Be Confident.
Ashwini Dasgupta
Author of Confidence Decoded. Is it a Skill or Attitude?
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Kanchan

Kanchan Rai  |175 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Aug 12, 2023

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Relationship
hi Shalini Singh, how are you, i am sunil r nair, having more than 22+ years of experience in software industries, but not getting good salary job, currently working but like nothing salary job, but previously i was getting some normal salary, that time i tried to do marriage, and i got divorce in 2007, but since that time i am trying to do marriage but not able to get marriage, so can you please guide me related to this, please.
Ans: Hello Sunil R Nair,

It sounds like you've been through a series of challenging experiences, both in your career and personal life. It's understandable that you're seeking guidance and solutions to improve your current situation. While I can offer some general advice, please remember that I'm an AI language model and not a licensed professional. Here are a few suggestions that might help you navigate your career and personal life more effectively:

**1. Career Advancement:

Update Your Skills: In the rapidly changing field of software, keeping your skills up to date is crucial. Consider investing in training or certifications that are in demand in the industry.
Networking: Connect with professionals in your field through networking events, online platforms like LinkedIn, and relevant forums. Sometimes, job opportunities come through referrals.
Market Yourself: Ensure that your resume and online profiles highlight your extensive experience and achievements. Tailor your applications to showcase how your skills can benefit potential employers.
Consult Career Experts: Seek guidance from career coaches or mentors who can provide personalized advice on job search strategies, negotiation techniques, and career growth.
2. Personal Life and Relationships:

Self-Care: Prioritize your well-being and self-care. Engage in activities that bring you joy, reduce stress, and promote a positive mindset.
Reflect: Take time to reflect on your past relationships and learn from them. Understand what you're looking for in a partner and what aspects of your past relationships you'd like to avoid.
Open Communication: When you feel ready to pursue a new relationship, focus on open and honest communication. Sharing your experiences and expectations can help build trust.
Seek Professional Help: If you're finding it difficult to navigate relationships, consider seeking advice from a therapist or counselor. They can provide valuable insights and strategies for healthy relationships.
3. Patience and Persistence:
Both career advancement and finding the right partner take time. Be patient with yourself and your journey. Remember that setbacks are temporary, and persistence can lead to positive changes.

4. Maintain a Positive Attitude:
A positive mindset can make a significant difference in how you perceive challenges. Focus on the aspects of your life that are going well, celebrate your accomplishments, and stay optimistic about your future.

Remember, making significant changes takes time and effort. It's important to take small steps towards your goals and be adaptable along the way. If you find that your challenges are impacting your well-being or mental health, consider seeking support from professionals who can offer personalized guidance.

Lastly, if you're seeking more specific advice or solutions, it might be beneficial to consult with a career counselor, relationship expert, or therapist who can provide tailored assistance based on your unique circumstances.

Wishing you all the best in your journey towards a fulfilling career and personal life.
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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Jan 05, 2024

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Sir iam 51 old my salry total less 15k in small private firm last 20 years owner notincrease my salary i had explord all possibility opportunities in big companies nothing on my way i have own house and family findings problem But my job is supplying of cnc cutting tool forall major manufacturing indian industries what to do jaga
Ans: I’m sorry to hear that you’ve been struggling with your salary for the past 20 years. It’s understandable that you’re looking for ways to improve your financial situation. Here are some tips that might help:

Research your market value: Research the market value of your job title, years of experience, and the cost of living in your area. This can help you determine whether your current salary is fair or not. You can use websites like Indeed to find out more.

Negotiate with your employer: If you believe that your salary is lower than what you deserve, you can try negotiating with your employer. Prepare a list of your accomplishments and the value you bring to the company. Set up a private meeting with your manager to discuss your salary. Be kind but straightforward. If your request is denied, take the time to understand why. If it’s solely a budgetary issue, ask your manager when you can realistically revisit the conversation.

Consider freelancing: Freelancing can be a good option if you’re looking for more flexibility in your work schedule. You can work from home and choose the projects you want to work on. You can also set your own rates and potentially earn more than you would at a traditional job.

Explore other job opportunities: If you’re not happy with your current job, consider exploring other job opportunities. Look for companies that offer better salaries and benefits. You can also consider switching to a different industry if you have transferable skills.

Remember, improving your financial situation may take some time and effort. Don’t get discouraged if you don’t see results right away. Keep working hard and exploring new opportunities, and you’ll increase your chances of finding a job that meets your needs. Good luck!
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Moneywize

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Financial Planner - Answered on May 02, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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My MF portfolio is worth Rs 2 crore as on March 31, 2024. I am 48 now. My plan is to get Rs 2 lakh per month by the time I retire in another 10-12 years. I am investing Rs 2 lakh per month. Is that enough for me to accumulate a corpus big enough to help me earn Rs 2 lakh per month?
Ans: Let's analyse your plan for a Rs 2 lakh monthly income after retirement:

Corpus Calculation:

To determine if your current strategy is sufficient, we need to calculate the total corpus you'll need. Here's a simplified approach (assuming a fixed monthly withdrawal):

• Expected Investment Period: 10 to 12 years (considering your retirement timeframe)
• Monthly Investment: Rs 2 lakh.
• Monthly Target Income: Rs 2 lakh.
• There are two unknowns: total investment period and corpus amount. We can't predict the exact number of years until retirement, so let's analyse both scenarios (10 and 12 years).

Scenario 1: 10 Years of Investment

For this scenario, we can use a financial calculator or spreadsheet to solve for the corpus needed. However, I can't directly provide financial product recommendations or perform calculations that require specific rates of return.

Scenario 2: 12 Years of Investment

Similar to scenario 1, you'll need to calculate the corpus considering a 12-year investment horizon.

Additional Considerations:

• Inflation: The purchasing power of your Rs 2 lakh monthly income will decrease over time due to inflation. You might need to increase your withdrawals gradually to maintain your standard of living.
• Investment Returns: The actual corpus will depend on the return you get on your investments. This can vary based on your chosen investment options.

Recommendations:

• Retirement Needs Assessment: Consider consulting a financial advisor to assess your retirement needs based on your lifestyle and future plans. They can help you with a more personalised calculation considering inflation and your risk tolerance.
• Investment Strategy: A financial advisor can also suggest an investment strategy to achieve your target corpus. This may involve a mix of equity and debt instruments to balance growth and stability.

Positive Aspects:

• You're taking a proactive approach to retirement planning by starting early and investing regularly.
• A Rs 2 crore corpus and a Rs 2 lakh monthly investment are good starting points.

Conclusion:

While it's difficult to say definitively without a detailed calculation, your plan has a good foundation for achieving your Rs 2 lakh monthly income target. Consulting a financial advisor can provide a more personalised assessment and help you fine-tune your strategy for a comfortable retirement.
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Hello, Hope you're doing good! I am 32 yrs old and planning to invest till 60 yrs i.e till next 28 yrs. I am investing in below MFs and some other savings schemes, I need you suggestion on the same: MFs Investment: 1. ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF - 1,500/- PM 2. Tata Resource & Energy Fund - 2,000/- PM 3. ICICI Prudential Technology - 1,500/- 4. Nippon India Nifty Smallcap 250 Index Fund - 1,000/- PM 5. SBI Nifty Next 50 Index Fund - 1,000/- PM 6. ICICI Prudential Nasdaq 100 Index Fund - 1,000/- PM 7. ICICI Prudential Nifty Bank Index Fund - 2,000/- PM Apart from this I am also investing in NPS around 17,500/- PM and PF around 30,500 including both. Also investing 5,000/- in Max Life Online Savings Plan (10 yrs investing period and 15 Yrs total Policy period). My goal is to be accumulate wealth for my retirement. Thank you in advance for your help.
Ans: Your investment approach reflects a thoughtful strategy aimed at building long-term wealth for your retirement. Diversifying your portfolio across different asset classes, including equity mutual funds, index funds, and savings schemes like NPS and PF, is a wise move.

Maintaining a disciplined investment habit and staying committed to your financial goals over the next 28 years will be crucial. Regularly reviewing your portfolio's performance and adjusting it as needed to stay aligned with your objectives is essential.

Remember, the journey to retirement wealth accumulation is a marathon, not a sprint. Stay patient, stay focused, and trust in the power of compounding to grow your investments steadily over time.

By diligently contributing to your investment portfolio and making informed decisions, you're laying a solid foundation for a financially secure and fulfilling retirement. Keep up the good work, and your future self will thank you for it.
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Ramalingam Kalirajan  |1221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Feb 27, 2024Hindi
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Money
Hi i am 49 and currently have a total corpus of approx 2.5 crs ( 1cr in MF/50 lacs in stocks/ another 80-90 lacs in PF/ EPF/ NPS and some other instruments.i am planning to retire in 13 years i.e at 62 . i will be able to accumulate another 5 cr approx more till then and with the current portfolio and interests of those looking at 10 cr of corpus then . will it be sufficient for my 15- 17 years of life after that looking at 3-4 lakhs montly expenses then
Ans: With a planned retirement in 13 years and an estimated total corpus of around 7.5 crores, your goal of achieving a corpus of 10 crores by retirement seems achievable. However, it's essential to conduct a detailed analysis to ensure financial sustainability for the subsequent 15-17 years.

Consider the following factors:

Inflation: Account for inflation in your expense calculations to maintain the purchasing power of your corpus over time.
Investment Returns: Assess the expected returns from your current investments and future contributions to meet your target corpus.
Expenses: Review your anticipated expenses post-retirement, including healthcare, travel, and other lifestyle needs.
Contingency Planning: Build a buffer for unforeseen expenses or emergencies to safeguard your retirement corpus.
Regular Review: Periodically review your portfolio's performance and adjust your investment strategy if needed to stay on track towards your retirement goals.
Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and retirement aspirations. With careful planning and prudent management, you can aim for financial security and peace of mind in your retirement years.
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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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