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R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Apr 22, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Asked by Anonymous - Apr 21, 2024Hindi
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Career

Hi, I am graphic designer from last 6.5 years , currently I am Senior graphic designer now I want to prepare for team leader position in my company, also I have less interest in graphic design considering Ai is growing super fast so Is it a good idea to become team lead? If yes then what is the future of this role and what preparation should i do get promotion?

Ans: Hi,
Within the Graphic Designing domain, one could be a team Leader but for TL, the leadership ability like managing people, assigning tasks to the team, ability to follow-up and termination of the tasks are some of the skills you should acquire and learn by observing the other leaders. If you do so, you can be a TL.
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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Jan 30, 2024

Asked by Anonymous - Aug 21, 2023Hindi
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Career
I have 18 years IT experience as Developer,team lead,Manager. Have done fairly well in career so far. But I am not really enjoying people management and team leading. I switched job in 2021 consciously took a senior developer role. Very happy with this role, but issue is after some time companies expect you to lead teams. Financially I am good, and no dependents. Ready to take a pay cut. What other career options/ line of work can I do? Wish to remain in IT ? To summarize, I wish to remain an individual contributor. Kindly reply
Ans: It’s great to hear that you have 18 years of experience in IT and have done well in your career so far. It’s also good to know that you are happy with your current role as a senior developer. If you wish to remain an individual contributor, there are several career options that you can consider within the IT industry.

Technical Architect: As a technical architect, you will be responsible for designing and implementing complex software systems. You will work closely with developers and other stakeholders to ensure that the system meets the business requirements and is scalable, secure, and maintainable.

Data Scientist: As a data scientist, you will be responsible for analyzing large datasets to identify patterns and trends. You will use statistical and machine learning techniques to develop predictive models that can be used to make informed business decisions.

DevOps Engineer: As a DevOps engineer, you will be responsible for developing and maintaining the infrastructure that supports the software development process. You will work closely with developers to ensure that the software is deployed and tested efficiently and reliably.

Technical Writer: As a technical writer, you will be responsible for creating documentation that explains complex technical concepts in a clear and concise manner. You will work closely with developers and other stakeholders to ensure that the documentation is accurate and up-to-date.

Software Quality Assurance Engineer: As a software quality assurance engineer, you will be responsible for ensuring that the software meets the required quality standards. You will work closely with developers to identify and fix defects in the software.

These are just a few examples of the many career options available to you as an experienced IT professional. I hope this helps you in your search for a fulfilling career. If you have any further questions or concerns, please let me know.

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Abhishek

Abhishek Shah  | Answer  |Ask -

HR Expert - Answered on Aug 23, 2023

Asked by Anonymous - Aug 21, 2023Hindi
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Career
Hi, I have 18 years IT experience as Developer, team lead, Manager. Have done fairly well in career so far. But I am not really enjoying people management and team leading. I switched job in 2021 consciously took a senior developer role. Very happy with this role, but issue is after some time companies expect you to lead teams. Financially I am good, and no dependents. Ready to take a pay cut. What other career options/ line of work can I do? Wish to remain in IT ? To summarize, I wish to remain an individual contributor. Kindly reply
Ans: Hello,

It's great to hear about your extensive IT experience and your awareness of your preferences in terms of work roles. Transitioning away from management and focusing on individual contribution is a valid choice that aligns with your career satisfaction. There are several paths you can explore within the IT field that allow you to remain an individual contributor and leverage your technical skills and experience. Here are a few options to consider:

Technical Specialist/Architect: As a technical specialist or architect, you can dive deep into specific technologies, frameworks, or domains. You'll be responsible for designing complex systems, solving intricate technical challenges, and providing guidance to development teams. This role lets you stay close to the technical aspects of projects without being directly involved in people management.

Subject Matter Expert (SME): SMEs are highly knowledgeable individuals in a specific area. You can become an SME in a particular programming language, technology stack, or domain. This role involves mentoring others, providing technical expertise, and staying up-to-date with the latest advancements in your chosen area.

Technical Evangelist/Advocate: If you're passionate about certain technologies or tools, becoming a technical evangelist allows you to promote and advocate for them within the industry. This role often involves speaking at conferences, writing technical articles, and engaging with the developer community.

Consultant: As a consultant, you can offer your expertise to various companies on a project basis. You'll work on different projects, offer technical solutions, and collaborate with teams to implement best practices.

Principal Engineer: In this role, you become a senior-level individual contributor who influences technical direction, makes architectural decisions, and guides the development process. It's a role that emphasizes technical leadership and mentorship.

Freelancing/Contracting: If you enjoy the flexibility of work, you can consider freelancing or contracting. You'll have the freedom to choose projects that align with your interests and skills while maintaining your status as an individual contributor.

Open Source Contributor: Contributing to open source projects can be a fulfilling way to leverage your skills while collaborating with a global community of developers. It allows you to work on projects that interest you and make a broader impact.

Technical Writer/Trainer: If you have a knack for explaining complex technical concepts, you might consider becoming a technical writer or trainer. You can create documentation, tutorials, or online courses to educate others in the IT field.

It's important to communicate your career aspirations clearly to potential employers to ensure that you're considered for roles that match your preferences. By pursuing one of these paths, you can continue to thrive in the IT industry while focusing on what you enjoy most – technical expertise and individual contribution.

Regards,
Abhishek Shah

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Latest Questions
Janak

Janak Patel  |8 Answers  |Ask -

MF, PF Expert - Answered on Dec 04, 2024

Asked by Anonymous - Nov 30, 2024Hindi
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Money
Hi, i am 52years old, wanted to retire early, following are my investments, MF - INR 65L, Equity - INR 22L, 3 houses, one is self-occupied, other 2 houses valued at INR 90 L and INR 32L respectively, i have home loan outstanding of INR 12L, FD of INR 36L , PF INR 32L, monthly expenses requirement is INR 1 L, kindly help me to plan my early retirement. Thank you in advance for your reply on my question.
Ans: Hi,

As there are many things to consider for an early retirement, one of the first is to start thinking about it in a more realistic manner. An early retirement is not necessarily stop working life, but think of it as a more comfortable schedule that provides you opportunities to relax and pursue your passion and interests and live life on your own terms. You may or may not undertake an activity which can be monetized, meaning which provides you some sort of income - not necessarily to cover your living expenses in whole/part. So do give it some thought of how you intend to keep yourself occupied once you retire from your "current schedule". Will you generate any source of income or will you incur/require more expense.

At current age of 52, an early retirement even if we consider at 55 years of age, it a still a long life ahead. I will make a lot of assumptions in my response as these are not known from your query - such as life expectancy of another 30 years, average return of 8% on all investments for future etc. Are the 2 real estate properties earning any kind of rent that can be considered as income.
There are too many variables that go into the calculations for retirement which are specific to each individual and their circle of life.

Generic solution - You have a currently accumulated investments valued at INR 2.65 Cr (all investments less loan).

Current monthly expenses is INR 1 Lac, over which inflation needs to be applied each year (depends on lifestyle and composition of items of expenses).

So if your cumulative investments appreciate at average 8% annually, and your monthly expense increases at 6% annual inflation, your current accumulated investments are just about enough to manage expenses for next 30yrs (excluding tax implications - refer below).

Points to consider -
1. Inflation in real world is more than 6% (depends on the individual)
2. Liquidation of investments e.g. Real estate attract expenses/fees and tax on capital gains as it will be lumpsum
3. PF post retirement will earn interest only for 3 years, so you need to plan to re-invest the amount
4. Interest income on FD attracts tax at slab rate
5. Withdrawal of amount for monthly expense from your investments will attract tax on capital gains (MF and Equity)

I strongly recommend you connect with a Certified Financial Planner for personalized guidance and prepare a plan that will take into consideration your risk profile and overall investment management towards the retirement. Benefits will include a more tax efficient plan which will consider your requirements and ensure retirement goals are achieved and if there is a shortfall - what alternatives you need to consider.

Hope this is helpful and all the best for the future.

Regards
Janak Patel
Certified Financial Planner.

...Read more

Dr Nagarajan J S K

Dr Nagarajan J S K   |174 Answers  |Ask -

Health Science and Pharmaceutical Careers Expert - Answered on Dec 04, 2024

Career
Sir I am preparing for mbbs, but I'm not able to crack that. I'm a middle class student. Can I pursue mbbs in abroad under 8 lakhs in a best college for mbbs?After that can I able to be a doctor in India?
Ans: Hi Lagna,

It seems you haven’t provided the details clearly on this platform. If you could share more information, I’m sure you will receive helpful input.

Based on your message, I understand that you are considering pursuing a career in medicine. If you intend to enroll in a medical program either in India or abroad and plan to practice in India after completion, here are some important guidelines according to the National Medical Commission (NMC):

You must appear for the NEET exam, as it is a mandatory requirement for anyone wishing to pursue graduate medical education in India or elsewhere while intending to return and practice in India. According to the NMC eligibility criteria: “No student shall be eligible to pursue graduate medical education either in India or elsewhere (if they want to return and practice in India), except by scoring the minimum eligible score at the NEET UG exam. The UGMEB will announce the list of eligible students periodically.”

Therefore, I recommend preparing for the NEET exam and trying to secure admission in India itself. If you choose to pursue medical education abroad, you can still practice in India, but you will need to pass exit exams as well.

Regarding your question about pursuing MBBS abroad for under 8 lakhs, are you asking if this is per year or for the entire course? Studying abroad at that cost per year is possible. However, when you take into account the total expenses, which include course fees, accommodation, food, travel, visa, and other costs, it might be more feasible to complete your MBBS in India.

I hope this clarifies your queries!

...Read more

Patrick

Patrick Dsouza  |879 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Dec 04, 2024

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Career
Hi Sir, I am 41 years old. I've 15 years of experience in Finance (FP&A) domain. In last 2.5 years I have changed 3 companies due to lay off, Cultural misfit and latest one due to Personal and family issue. I quit my last job in Sept'24 (from Apr;24 to Sept'24). Due to some family issues, Lay offs, Challenges faced on the job I am feeling very low. I don't have any confidence left as a result don't want to return to work out of fear and anxiety. However, I also want to upskill myself and thinking of pursuing US CMA. But I am in dilemna that with around 15 years of work experience would it open any gates for growth opportunities going forward. Another dilemna that I am constantly fighting is to whether think of making a switch from Finance domain to Learning & Development domain. I have good communication & interpersonal skills and have always had a liking towards L&D domain. Now myself on a Career break I am not sure how to proceed further - Whether to pursue my Career in Finance and look for jobs in Finance domain and then gradually look to switch to L&D domain or Look for the opportunities only in L&D domain. I have an emergency fund that can take care of my expenses for next 6-8 months. Looking forward to your guidance that can help me bounce back in my career as I am feeling lost, depressed and Lack of Confidence at present in life. Thanks.
Ans: Learning is a continuous process. So doing a course in Finance should not be a problem. As far as getting into LnD domain, start with being a faculty in one of the colleges or can start with taking private tuitions. See if it suits you. If it does, then you can decide to make the switch.

...Read more

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