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Mayank

Mayank Rautela  | Answer  |Ask -

HR Expert - Answered on May 14, 2023

Mayank Rautela is the group chief human resources officer at Apollo Hospitals.
A management graduate from the Symbiosis Institute of Management Studies with a master's degree in labour laws from Pune University, Rautela has over 20 years of experience in general management, strategic human resources, global mergers and integrations and change management.... more
Asked by Anonymous - Apr 17, 2023Hindi
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Career

Hello, I am a 57 years old general manager in a private organization who moved in to human resources management 20 years ago after acquiring a management degree. Things were going on fine for me until Covid. After Covid, my responsibilities as HR professional have reduced drastically and hence I have been working part time for the last two years. Its late for any company to hire me as a HR head now although I am fit to work. I was also a hobby magician and semi professional mentalist for the last 25 years. So far I performed for good cause and charity. Covid gave me a chance to master my mentalism and magic skills and I am able to perform for living. The problem is I am unable to reach corporates to get hired as a mentalist and I don't know how to approach them.

Ans: You must market your profile on social media and highlight the role of a mentalist. Update your CV and share with HR heads of various companies. Conduct some complimentary sessions to generate awareness about your niche skills
Career

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Ashwini

Ashwini Dasgupta  |104 Answers  |Ask -

Personality Development Expert, Career Coach - Answered on Feb 08, 2024

Asked by Anonymous - Jul 20, 2023Hindi
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Career
Hi. I'm a Top Management Professional with the Experience of working as Business Head & CEO in my previous organizations. Have experience in multi Industries , predominantly in FMCG Sector. After leaving the job before Covid, got selected for a couple of opportunities abroad only to be cancelled due to grounded flights. After that Finding it slightly tougher to find those kind of jobs. Long lay off has resulted in poor financial condition too that I cannot start my own business. What do you suggest?
Ans: Hi Sir/ Madam,

Please consider few of the suggestions-

Networking and Industry events- Leverage your networking past and current. Attend workshops of the similar industry this will give insights of the market and trends.

Build your online presence and showcase your skills and experience. Actively engage in industry discussions and demonstrate your experiences and expertise in FMCG sector.

Take up consulting/ contract or a freelance work

Enhance your skills by taking up relevant courses, certifications

Reach out to executive search firms who can guide and help you in getting the job

Also, look for global platforms where you can connect with industry experts and one who cater to senior roles.

Financial planning- given the financial constrain you may want to reconsider and create a realistic plan.

Look for mentorship and guidance within the industry who can help you understand how the markets are trending and also they can help you navigate with their experiences.

Importantly have patience and be self motivated.

All the best


Thanks
Ashwini Dasgupta
Author of Confidence Decoded. Is it a skill or attitude?

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Nayagam P

Nayagam P P  |4408 Answers  |Ask -

Career Counsellor - Answered on Aug 26, 2024

Asked by Anonymous - Aug 15, 2024Hindi
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Career
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.

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Vipul

Vipul Bhavsar  |50 Answers  |Ask -

Tax Expert - Answered on Apr 04, 2025

Asked by Anonymous - Mar 17, 2025Hindi
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Money
Hello Sir - I have taken a HDFC Unit Linked pension plan in 2008 and the fund value is approx. 49 lakhs. The policy matures in 2030 and allows for commutation of 1/3rd of fund value (with mandatory annuity for balance 67%). My HDFC Life Relationship manager is suggesting that he will transfer the proceeds of this fund to a new HDFC Smart life pension plan (via surrender of old policy and immediate reinvestment as single premium in the new policy) for a term of 5 years. At the vesting date, I will be allowed to remove 60% of the fund value as tax free commuted pension and will need to take annuity only for remaining 40% of fund value. This is beneficial for me (since tax free commutation under new pension plan is 60% as per new IRDAI rules instead of current 33%). In such a case, will the surrender of old policy and immediate reinvestment into new smart pension plan be a taxable transaction in India? I have claimed 80CCC benefits for part of premium paid in the past. HDFC Life has informed that the surrender and immediate reinvestment would not be taxable as I am not actually receiving any amount (the amount is fully being reinvested in the new pension plan). Is this advice by HDFC correct? Thanks for the advice.
Ans: Returns on all ULIPs purchased between April 2012 to February, 2021 are completely tax free if the premium was less than 10% of sum assured. For ULIPs purchased before April 2012, the maturity amount was tax free if the premium was less than 20% of sum assured for that policy.

It is strongly advisable to consult CA to understand various scenarios

Vipul Bhavsar
Chartered Accountant
www.capitalca.in

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