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Shekhar

Shekhar Kumar  |117 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 23, 2024

Shekhar Kumar is an HR, talent, and client acquisition leader at Star Engicon Private Limited (SEPL). He has 18 years of expertise in the search and placement of executive leadership talent across various industries.
He has also mentored middle and senior management professionals for leadership positions and guided them in career development.
Shekhar has a bachelor's degree in business management from Magadh University, Bihar, and a master's degree in human resource management from Annamalai University, Tamil Nadu.... more
Asked by Anonymous - Apr 23, 2024Hindi
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Career

Hello Sir, I am 44 year old man. I am in a very bad situation as I am looking for an job as I have 5 years of career break from full time job due to had to take break from job due to family issues and pandemic forced me to get into online business but it is not providing me a constant income, so I am looking for full time job and due to the career gap I am not getting any job. Please suggest how I can get back to full time job and let me know do I have to change my field from human resources field to other any other field where I can get a job or going to foreign country to do any type of work will it possible to get in other countries. Please help me with your suggestions. Thanks

Ans: I'm sorry to hear about the challenges you're facing in your job search. Transitioning back to full-time employment after a career break can indeed be daunting, but it's not impossible. First of all, update your resume and tailor it to highlight your relevant skills, experiences, and achievements. Address the career gap in your cover letter by briefly explaining the circumstances that led to your break and emphasizing your enthusiasm and readiness to re-enter the workforce. Consider taking on volunteer work or freelance projects in your field to gain recent experience, build your resume, and demonstrate your skills to potential employers. Volunteering can also help you stay connected to your industry and expand your professional network. Be open to exploring contract or temporary positions as a way to re-enter the workforce and gain recent experience. Temporary assignments can sometimes lead to permanent employment opportunities and provide valuable networking connections. Utilize multiple job search channels, including online job boards, company websites, recruitment agencies, and professional networking platforms like LinkedIn. Be proactive in reaching out to companies directly, even if they're not actively advertising job openings, to inquire about potential opportunities. Tap into your professional network and reach out to former colleagues, mentors, and industry contacts for advice, support, and job leads. Attend networking events, join professional associations, and participate in online forums to expand your network and uncover potential job opportunities. 

Regarding changing fields or exploring opportunities in other countries, it's important to carefully assess your skills, interests, and preferences, as well as the job market conditions and immigration requirements of the countries you're considering. Research industries and occupations that align with your strengths and interests, and consider how your transferable skills from your HR background could be applied in other fields or roles.

If you're considering working abroad, research visa options, work permit requirements, and job prospects in your desired destination country. Keep in mind that international job searches may require additional planning, resources, and adaptation to different cultural and regulatory environments. Overall, remain persistent, resilient, and open to exploring different paths and opportunities as you navigate your return to full-time employment. With determination, perseverance, and strategic planning, you can successfully overcome career challenges and find a rewarding job that aligns with your skills, goals, and aspirations.
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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Nov 03, 2023

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Hi Abhishek, I have around 15 years of experience in HR generalist role. I have done my education in distance mode while I am on job. I started my career as data entry operator in HR and rose upto the level of manager in infrastructure industry from 2007 to 2020 from 2021 to 2022 nov I have worked in ITES US staffing firm. Due to health and personal issues I had to quit the job. From 2023 Jan onwards I am searching for job but of no use till date I am unemployed I have to pay EMI every month. I am unable to figure out why my profile is working in the market. Is it my education background which is hampering my chances or what I am unable to figure out. Can u please help me to understand and figure out how to come out of the situation to land in a job.
Ans: Hi Ramgopal,

I'm sorry to hear about the challenges you're facing in your job search. It's not uncommon for experienced professionals to encounter difficulties when re-entering the job market, and there could be several factors at play. Let's explore some potential reasons and strategies to overcome them:

Education Background: While you mentioned that you pursued your education through distance learning, it's essential to highlight your years of work experience. Many employers prioritize practical experience over formal education, especially in HR roles. Ensure that your resume and cover letter emphasize your extensive 15 years of experience and the skills you've gained during that time.

Resume and LinkedIn Profile: Make sure that your resume and LinkedIn profile are up-to-date, professional, and tailored to the roles you're applying for. Highlight your achievements, skills, and certifications relevant to HR or staffing.

Networking: Leverage your professional network. Reach out to former colleagues, supervisors, and contacts you've made during your career. Attend industry-specific events, conferences, and webinars to network and stay updated on industry trends.

Job Search Strategy: Be strategic in your job search. Target companies and roles that align with your experience and skills. Tailor your application to each job, emphasizing how your background makes you a strong candidate.

Skill Enhancement: Consider updating your skills to align with the current HR and ITES industry requirements. You may want to take online courses or certifications to boost your qualifications and demonstrate your commitment to ongoing professional development.

Interview Preparation: If you're getting interviews but not job offers, work on your interview skills. Practice common HR interview questions and refine your responses. Focus on showcasing how your experience is an asset to potential employers.

Consult a Career Coach: Consider seeking guidance from a career coach or mentor who can provide personalized advice and help you identify areas for improvement.

Be Patient and Persistent: The job market can be competitive, and job searches can take time, especially when you've been out of work for a period. Stay persistent and keep applying to positions that match your skills and experience.

Financial Planning: Given your EMI commitments, it might be wise to revisit your budget and explore options for temporary or part-time work to help manage your financial obligations while continuing your job search.

Self-Care: Lastly, it's essential to take care of your health and personal issues. A healthy and balanced mindset can positively impact your job search efforts.

Remember that job searches can be challenging, and rejection is a part of the process. Stay resilient, keep refining your approach, and you'll increase your chances of landing a suitable role in the HR or ITES industry. If you encounter specific challenges along the way, consider seeking advice from professionals in your network or career experts.

Best regards,
Abhishek Shah

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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am 40 plan to get 1cr in next 10 year how much invest? Please suggest which mutual funds are good
Ans: To accumulate 1 crore in 10 years, you need to calculate the required monthly investment based on your expected rate of return. Here's a general approach:

Determine the expected rate of return: Based on historical data, a reasonable expectation for annual returns from equity mutual funds could be around 12-15%.
Use a financial calculator or online SIP calculator to find the monthly investment required to reach 1 crore in 10 years at your expected rate of return.
Once you have the required monthly investment amount, consider allocating it across a diversified portfolio of mutual funds. Look for funds with a track record of consistent performance, experienced fund managers, and aligned investment philosophy.
Since you have a 10-year investment horizon, you can afford to take some risk for potentially higher returns. Consider a mix of equity-oriented funds such as large-cap, mid-cap, and multi-cap funds to diversify across market segments and manage risk effectively.
Regularly review your investments and make adjustments as needed based on changes in your financial goals, market conditions, and risk tolerance.
Consult with a Certified Financial Planner for personalized advice tailored to your specific needs and goals.
By investing systematically in mutual funds and staying disciplined with your investment strategy, you can work towards achieving your goal of accumulating 1 crore in 10 years.

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Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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I am planning to investing Rs 30000 in SIP. My funds are Parag parikh flexi cap- 5000, motilal oswal nifty 150 midcap index fund- 4000, icici prudential value discovery fund- 3000, mirae large and midcap fund - 6000, quant small cap- 4000, uti index fund - 6000. Can you pls suggest me one more fund/sector where I can invest rest of the amount. My goal is 10+ years.
Ans: Considering your existing portfolio, here's a suggestion for investing the remaining amount of Rs 6,000 in a SIP:

Since you already have exposure to flexi-cap, mid-cap, large & mid-cap, small-cap, and index funds, you may consider diversifying further into a sectoral fund for potential growth opportunities.
Sectoral funds focus on specific sectors of the economy such as banking, technology, healthcare, etc. Depending on your risk appetite and investment outlook, you can choose a sector that aligns with your beliefs about future growth prospects.
Conduct thorough research on the performance, historical returns, and outlook of various sectors before making a decision. Consider factors like economic trends, government policies, and global market conditions that may impact the chosen sector.
Remember to maintain a balanced portfolio by not allocating too much to a single sector. Diversification across sectors can help reduce risk and enhance long-term returns.
Regularly review your investments and make adjustments as needed based on changes in your financial goals, market conditions, and risk tolerance.
Consult with a Certified Financial Planner for personalized advice tailored to your specific needs and goals.
By diversifying your SIP investments across different sectors and asset classes, you can potentially maximize returns while managing risk effectively over the long term.

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Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

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Money
Hi Experts, I am 35 years old and having SIPs in below mutual funds ICICI prudential Long Term equity fund (Tax Saving) Direct Plan Growth - SIP - Rs 3500 Axis Long term Equity Direct plan Growth (tax Saving)- SIP - Rs 3500 SBI Small Cap - SIP - Rs 3000 Mirae Asset Tax Saver Fund Direct growth - SIP - Rs 3500 Parag Parekh Flexi Cap Fund Direct Growth - SIP - Rs 7000 Axis Mid Cap Direct Plan Growth - SIP - Rs 5000 Nippon India multicap fund -SIP- Rs 10000 My total SIP is around Rs 36000 across all. I would like to invest Rs 15000 more on SIP. I know my small cap allocation is low because some one has scared me of small cap because of volatility. Can you suggest where can I invest extra Rs 15000 per month SIP. I have recently top up my mutual fund SIPs. I am looking for long time investment.
Ans: It's commendable that you're regularly investing through SIPs and looking to further diversify your portfolio. Here's a suggestion for investing an additional Rs 15,000 per month:

Since you're concerned about volatility in small-cap funds, consider allocating a portion of the additional Rs 15,000 to large-cap or multi-cap funds for stability and downside protection.
Look for funds with a proven track record of consistent performance and experienced fund managers. Consider factors like expense ratio, fund size, and portfolio composition when evaluating options.
Given your long-term investment horizon, you can afford to take some risk for potentially higher returns. Hence, consider allocating a portion of the additional SIP amount to mid-cap or small-cap funds for growth opportunities.
Remember to maintain a balanced portfolio across different market segments and asset classes to manage risk effectively.
Regularly review your SIP investments and make adjustments as needed based on changes in your financial situation or market conditions.
Consult with a Certified Financial Planner to receive personalized advice tailored to your specific needs and goals.
By diversifying your SIP investments across different market segments and staying disciplined with your investment strategy, you can maximize the potential for long-term wealth creation while managing risk effectively.

...Read more

Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Kanchan

Kanchan Rai  |179 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 04, 2024

Asked by Anonymous - May 03, 2024Hindi
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Relationship
Hi I am 22 year old female about to graduate as an artist, I've wasted my 4 years of college and self doubt as a graphic designer kills me everyday i wake up and think i'd finally create something but due to my own expectations i don't even open the software to start with and even if i do i don't understand what to get done with first i want to be an established designer and boom in my field, please tell me how can I be come more passionate about my career and actually make effort in it
Ans: you're experiencing a lot of self-doubt and frustration, which is completely normal, especially when pursuing a creative career like graphic design. Break down your projects into smaller, more manageable tasks. This can help make the overall process feel less daunting and overwhelming. Set achievable goals for each day or week, and celebrate your progress along the way. Like any skill, graphic design requires practice and dedication to improve. Set aside dedicated time each day or week to work on your craft, even if it's just for a short period. Consistency is key to growth and improvement. Don't be afraid to try new techniques, styles, or ideas in your work. Experimentation is essential for creativity and innovation. Allow yourself to play and explore without the pressure of perfectionism. Surround yourself with inspiration from other artists and designers. Explore different design styles, follow industry leaders on social media, attend design events or workshops, and immerse yourself in the creative community. Inspiration can come from anywhere, so keep an open mind.It's important to set realistic expectations for yourself and your work. Understand that growth and success take time, and it's okay to make mistakes along the way. Embrace the learning process and be patient with yourself. Reflect on why you chose to pursue graphic design in the first place and what excites you about the field. Reconnecting with your passion and purpose can help reignite your motivation and drive. Don't hesitate to reach out for support from friends, family, mentors, or fellow artists. Surround yourself with people who encourage and believe in you, and don't be afraid to ask for help or feedback when needed.
Remember, everyone experiences moments of doubt and uncertainty, but it's important to keep pushing forward and believing in yourself and your abilities. Keep exploring, experimenting, and creating, and trust that your passion and dedication will lead you to success in your career as a graphic designer.

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Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

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Hello sir , I am 40 years old , I have below investment. FD - 60 lacs. Mediclaim - 10 lacs NPS - 50K Per year PPF - 150K Per Year I am investing in below mutual funds through SIP. ( 22K) ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K Is it good funds for long terms ( Horizon of 8/10 years) ? I want to invest more 10K in SIP then which fund should I chose ? Thanks
Ans: It's great to see your disciplined approach towards investments. Let's assess your portfolio and potential additions:

Your current SIP portfolio seems well-diversified across different market segments, which is beneficial for long-term growth.
Given your investment horizon of 8 to 10 years, these funds offer a mix of growth potential and stability.
Considering adding another 10K to your SIP, you may want to focus on funds that complement your existing portfolio.
Look for funds with a track record of consistent performance and a strong investment thesis aligned with your financial goals.
Consider funds that provide exposure to sectors or themes with potential for future growth.
Consult with a Certified Financial Planner to evaluate your risk tolerance, financial goals, and investment strategy before making any changes.
Remember, investing is a long-term journey, and staying disciplined and diversified is key to achieving your financial objectives.
By carefully selecting additional funds and staying focused on your long-term goals, you can continue to build a robust investment portfolio that serves your needs effectively.

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Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 24, 2024Hindi
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Money
Hi Sir . I am a 34-year-old man with a monthly income of 1.4 Lakh. I have a 1-year-old son. I haven't invested in mutual fund investments before and seek your guidance on how much to invest and in which mutual funds. My financial goals are as follows: Accumulate atleast 6 crores before retirement (in the next 20 years). Save atleast 1 crore for my son's higher education in the next 15 years. Set aside atleast 50 lakhs for my son's marriage in the next 20-25 years. My current investments include: PPF - 1.5 Lakhs per annum for the last 5 years. NPS - 50000 per annum for the last 3 year. ULIP - 1.2 Lakh per annum for last 1 year One SBI scheme - 1.2 Lakhs per annum for last 3 years My wife is also working with monthly income of 1.4 Lakhs. I would greatly appreciate your advice on how to structure my mutual fund investments to achieve these goals. Thank You.
Ans: Given your financial goals and current investments, here's a suggested approach to structure your mutual fund investments:

Retirement Corpus (6 Crores in 20 years):
Start SIPs in diversified equity mutual funds with a focus on long-term growth. Allocate a significant portion of your investments towards equity funds to harness their wealth-building potential over the long term. Consider a mix of large-cap, mid-cap, and multi-cap funds to diversify across market segments and manage risk effectively. Review and increase your SIP amounts periodically, considering your income growth and inflation.
Son's Higher Education (1 Crore in 15 years):
Allocate a portion of your mutual fund investments specifically towards your son's education goal. Since the timeframe is relatively shorter, consider a balanced approach with a mix of equity and debt funds to balance growth potential with capital preservation. Gradually shift towards debt-oriented funds as the goal approaches to safeguard against market volatility and ensure capital protection.
Son's Marriage (50 Lakhs in 20-25 years):
Similar to the education goal, allocate a portion of your investments towards your son's marriage goal. Since the timeframe is longer, you can afford a more aggressive approach with a higher allocation towards equity funds. As the goal approaches, gradually shift towards more conservative investments to protect the accumulated corpus.
Review and Rebalance:
Regularly review your mutual fund investments and rebalance your portfolio as needed to ensure alignment with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner to periodically reassess your goals, investment strategy, and progress towards achieving them.
Remember, investing is a long-term commitment, and staying disciplined, diversified, and focused on your goals is key to achieving financial success.

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Ramalingam

Ramalingam Kalirajan  |1343 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 25, 2024Hindi
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Money
Hi. I am ready to invest SIP of 5000 per month for next 20 years and can step up 10% every 2 years. I'm looking for medium risk mutual fund as I'm going for long run. Kindly suggest me some mutual fund that gives some good returns. Quant active fund, mid cap fund, Parag Parikh flexi cap, ICICI prudential retirement fund, Edelweiss large & mid cap are the funds which I have chosen to invest in. Correct me with better plans if I am wrong. Thanks in advance.
Ans: Your investment approach of SIP with step-up every two years for the next 20 years reflects a disciplined and long-term perspective. Here are some insights and suggestions:

Medium-Risk Mutual Funds: Your selection of mutual funds like Parag Parikh Flexi Cap and ICICI Prudential Retirement Fund aligns well with your medium-risk tolerance and long-term investment horizon. These funds offer diversified portfolios across different market caps and sectors, reducing overall risk.
Quant Active Fund and Mid Cap Fund: While these funds may offer higher growth potential, they also come with higher risk due to their focus on mid-cap stocks or active management strategies. Ensure you're comfortable with the associated volatility and risk before investing.
Edelweiss Large & Mid Cap: This fund provides exposure to both large and mid-cap segments of the market, offering a balanced approach. However, review its performance and portfolio composition periodically to ensure it meets your investment objectives.
Review and Adjust: Regularly monitor your portfolio's performance and make adjustments if needed. Consider factors like fund performance, changes in your financial goals, and overall market conditions when reviewing your investment strategy.
Consider Professional Advice: Consulting with a financial advisor or Certified Financial Planner can provide personalized guidance tailored to your financial situation and goals. They can help you fine-tune your investment strategy and select the most suitable mutual funds.
Remember, investing in mutual funds involves risks, and past performance is not indicative of future results. Stay focused on your long-term goals, maintain a diversified portfolio, and invest regularly to maximize your chances of achieving financial success.

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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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