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Harsh

Harsh Bharwani  |69 Answers  |Ask -

Entrepreneurship Expert - Answered on Jul 04, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
Lakshminarayanan Question by Lakshminarayanan on Jun 14, 2023Hindi
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Career

I administrative experience of more than 30+ years of experience in the at various levels in the Government of India which i have contributed significantly to the success of the organization. I have retired as an Gazetted Offiicer from Government of India in the year 2020. 2. Represented the Ministry at various levels with the relevant agency representative(s) fosters engagement with other Government departments and private sector industries to address national needs, priorities and sustainable development challenges to advocate for action on the areas wherever necessary. 3. I have been looking for an appropriate placement, especially in overseas and I have been applying through LinkedIn for placement outside India. However, i have been unsuccessful in obtaining a suitable employment. 4. I have been receiving a similar reply from the overseas organisations like this- “Thank you for your interest in the Administration Manager position at Colliers International. While your skills and background are impressive, we have decided to proceed with other applicants who more closely fit our needs at this time. We appreciate your time and effort in submitting an application. We encourage you to apply for other positions at Colliers International in the future. Again, thank you for your interest in a position with Colliers International and we wish you success in your job search and future career. Sincerely, Colliers International Team” PLEASE ADVISE

Ans: I understand that you have extensive administrative experience of over 30 years in the Government of India and have retired as a Gazetted Officer in 2020. You've been actively searching for suitable employment opportunities overseas, particularly through LinkedIn, but have been unsuccessful so far. The response you've been receiving from organizations has been along the lines of them appreciating your skills and background but choosing other candidates who better meet their current needs. Here are some suggestions:

1. Expand Your Job Search: Consider broadening your job search beyond LinkedIn. Explore other job portals, professional networks, and recruitment agencies that specialize in international placements. Additionally, connect with former colleagues, industry contacts, and alumni networks to tap into potential opportunities.
2. Tailor Your Applications: Review your application materials, including your resume and cover letter, to ensure they are tailored to each specific job opportunity. Highlight your relevant skills, experience, and achievements that align with the requirements of the positions you're applying for. Customize your applications to showcase how you can add value to the organization and address their specific needs.
3. Network and Build Connections: Networking plays a crucial role in finding employment opportunities. Attend industry events, conferences, and seminars both in person and online. Engage with professionals in your field of interest and participate in relevant discussions. Building connections and fostering relationships can increase your chances of hearing about unadvertised job openings or receiving recommendations.
4. Consider Contract or Consultancy Work: Instead of focusing solely on full-time positions, consider exploring contract or consultancy work. Many organizations, including international ones, often require short-term expertise or project-specific assistance. Consulting or contracting can provide an opportunity to showcase your skills and potentially lead to long-term employment or referrals.
5. Professional Development: Stay updated with the latest industry trends, technologies, and practices in your field. Consider taking courses, certifications, or attending workshops to enhance your skills and demonstrate your commitment to ongoing professional development. This can make you a more competitive candidate for international job opportunities.
6. Seek Professional Assistance: If you're facing challenges in securing suitable employment overseas, consider seeking assistance from career coaches or professional resume writers who specialize in international job placements. They can provide guidance on your job search strategy, help refine your application materials, and provide insights into the international job market.
7. Persistence and Patience: The job search process can be demanding and time-consuming, especially for international positions. It's important to remain persistent and patient. Rejections are a part of the process, and it may take time to find the right opportunity that aligns with your skills and experience.

Remember to stay positive and maintain confidence in your abilities. Keep refining your approach, leverage your network, and remain open to different opportunities. With perseverance and a well-rounded job search strategy, you can increase your chances of finding a suitable placement overseas. Best of luck in your job search and future endeavors!
Career

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Hi Mayank, I would like to keep my question anonymous. I have been working in an energy solutions-based company. It is a multinational engineering consultancy company. Our main line of business is engineering of oil and gas based refineries and related petrochemical plants. I joined this Mumbai-based company in 2015 as a trainee. I am happy with the work but my financial growth is very slow as compared to my friends working in similar companies. I haven't switched companies as on now. I am looking for a job switch both in India or abroad (Dubai/ Singapore).  I have been trying hard to find a company for a job switch but I am not getting response from anyone. I mainly try through LinkedIn and Naukri. My questions to you are: 1. Could you please advise what is the best way to find jobs abroad (because I'm tired of applying via LinkedIn). Should I take any professional help? If yes, please suggest the name of a good company you know. 2. What is the best way to switch a job in India, considering the lack of response from employers through LinkedIn or Naukri? I'll be very happy to have answers to this. Thanks and regards, Anonymous
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Hi. As you work in a niche segment, your job search also needs to be focused.

Make a list of the companies where your skills are the most appropriate.  Then connect with people who work in those companies through LinkedIn. Approach them for a suitable role as all good companies have internal employee referral programmes.

Also, please understand that you should not look for a job only because of a low salary.

If your management is supportive and is willing to gradually increase your salary, then you can consider continuing here.

 

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Nayagam P

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Hi ! I am a multi-skilled professional with specific education in Sports Medicine from USA & experience based skills in Admin & HR. In 1993, i was hired as a consultant in the best health clubs in South Delhi & in 1994 hired as a Consultant to design & manage Fitness Centers by DDA Sports wing, New Delhi. By 1996, my performance in DDA Sports Complexes was considered exceptional & based on my unique contribution I was offered a Sr. Mgr. position, a permanent position by DDA, which I politely declined, as being an entrepreneur in Fitness Industry, I didn't have the mindset for a Govt. Job that time. I did qualify many interviews Sr. position jobs in 5 Star Hotel Health Clubs in Delhi & Mumbai & the biggest Weight Management Centre chain in Delhi from 1993 to 1999, but didn't take up these assignments, as they seemed a cake walk for me. In year 2000, I had applied for Sr. Mgr. position jobs in Hotel Burj Khalifa, Dubai & other 5 stars in middle East, I was conveyed by the HR of these world class 7 star hotels that I qualify technically but need more Managerial Experience. That's how, I landed up management jobs in private Manpower co's in Admin & HR, worked very hard and progressed from Sr. Mgr to CEO positions within 10 years. I am 57 years now (but as Fit as a 30 yr old guy) and currently function as HR Consultant for a major Educational Institution in South Delhi & a few private firms. I want to qualify a Sr. HR position full time in some big private company. But, my resume sent to any big company does not yield any response. Either positions don't open frequently in big co.'s or resumes are never looked at? I fail to understand. By the God's grace, I have never failed an interview in my life, but unfortunately not getting the right opportunity now. Pls. advise further to achieve my dream job.
Ans: Sir, Your age is a major factor, why most companies do not shortlist your Resume or call for an interview to recruit you as a Permanent Employee.

Secondly, through which sources you are applying? Newspapers? Job Portals? LinkedIn? Please fine-tune your Resume and your LinkedIn Profile. Put Job Alerts in LInkedIn for Sr. Position in HR/Administration Department. Keep applying for jobs whenever you get notifications of job vacancies, matching your profile.

You can also try for 'ADVISOR' post for HR Functions (or) try at Manpower Consultant Firms.

All the BEST for Your Bright Future, Sir.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

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Ans: To address your trauma, start by having an open and honest conversation with your wife about your feelings. Express your emotions calmly, without blame, so she can understand the depth of your discomfort and help you work through it. It's also crucial to recognize that trust and mutual respect are fundamental in any relationship. Your wife’s decision was likely driven by her need for medical care, not a desire to hurt or disobey you.

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Ramalingam

Ramalingam Kalirajan  |7548 Answers  |Ask -

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Asked by Anonymous - Jan 17, 2025Hindi
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I'm 35 years old. I want to invest INR 65000 for retirement at 50 years old. My current expenses 65000 per month. Please guide me.
Ans: Retiring at 50 with your current lifestyle requires a carefully crafted investment strategy. Here’s a detailed guide tailored to your goal.

Step 1: Define Retirement Corpus Requirement
Current Monthly Expenses: Rs. 65,000.
Inflation Adjustment: At 6% inflation, your expenses will increase significantly by 50.
Retirement Corpus: The corpus must sustain you for at least 30+ years post-retirement.
Lifestyle Goals: Include travel, medical emergencies, and aspirational expenses in calculations.
Step 2: Asset Allocation Strategy
A balanced mix of equity and debt instruments can help grow your wealth steadily while minimizing risks.

1. Equity Mutual Funds (70% Allocation)
Why Equity? High growth potential to beat inflation over the long term.
Recommended Categories: Flexi-cap, mid-cap, and large-cap funds.
SIP/Investable Amount: Invest Rs. 45,500 monthly in equity mutual funds.
2. Debt Instruments (30% Allocation)
Why Debt? Stability and regular income during volatile markets.
Recommended Options: PPF, short-term debt mutual funds, or NPS (Tier I).
SIP/Investable Amount: Allocate Rs. 19,500 monthly.
Step 3: Include Inflation Protection
Inflation reduces the value of money significantly over time.
Your retirement corpus should grow faster than the inflation rate.
Equity exposure helps overcome inflation impacts effectively.
Step 4: Ensure Tax Efficiency
1. Equity Mutual Funds
Tax Rules: Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.
Action Plan: Use annual redemption to manage gains below taxable limits.
2. PPF and NPS
Tax Benefits: Both offer tax-saving benefits under Section 80C.
Lock-in Period: Ensure alignment with your retirement timeline.
Step 5: Emergency Fund Creation
Build an emergency fund equivalent to 12 months’ expenses (Rs. 7.8 lakh).
Park it in liquid funds or a high-yield savings account for quick access.
Step 6: Health and Risk Coverage
Health Insurance: Ensure adequate coverage to avoid depleting investments during medical emergencies.
Life Insurance: Use a term plan to secure your dependents until you achieve your retirement goal.
Step 7: Regular Portfolio Reviews
Review your portfolio every six months.
Rebalance based on performance, changing goals, and market conditions.
Seek advice from a Certified Financial Planner for optimized asset allocation.
Step 8: Additional Recommendations
Avoid Real Estate: Illiquid and high transaction costs make it unsuitable for your timeline.
Avoid Direct Investments: Opt for regular plans via mutual fund distributors guided by a CFP.
Diversify Investments: Explore international mutual funds for added growth.
Step 9: Incremental Contributions
Increase your SIP amount annually by 10-15% to align with income growth.
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Achieving financial independence by 50 is ambitious but achievable. Consistency in investments, inflation-adjusted growth, and regular reviews are critical. Focus on disciplined execution of the outlined plan for a secure and fulfilling retirement.

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K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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