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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Dec 22, 2023

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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Shinoj Question by Shinoj on Aug 30, 2023
Career

Hello Sir, i am having around 18 years of experience in IT but according to the market standards and my skillset i feel i am underpaid, should i switch to get a better hike? Also i feel that in market people are giving more importance to lesses experience resources. What needs to be done? Shinoj

Ans: Hello! I understand that you have around 18 years of experience in IT and feel that you are underpaid. It’s natural to feel that way, especially if you feel that your skills are not being adequately compensated. However, before making any decisions, it’s important to do your research and weigh the pros and cons of switching jobs.

According to a recent article on Forbes India, the Indian IT industry has been facing a lot of challenges lately, including layoffs, dropping job volumes, and changing work trends. This has led to a decrease in hiring and active job volumes in the tech sector. In fact, the top four IT companies in India saw a net addition of just 1,940 employees in Q3, the lowest in the last eight quarters. This could make it difficult to find a new job with a better salary.

That being said, if you feel that you are not being paid what you are worth, it might be worth exploring other options. You could start by researching the average salary for someone with your level of experience and skillset. Websites like AmbitionBox can provide you with information on the average salary for IT professionals in India. You could also consider speaking with a recruiter or career counselor to get a better idea of what your skills are worth in the current job market.

It’s also worth noting that while it may seem like less experienced resources are being given more importance in the market, this is not always the case. Many companies value experience and are willing to pay more for it. However, it’s important to remember that the job market is constantly changing, and what may be true today may not be true tomorrow.

In summary, before making any decisions, it’s important to do your research and weigh the pros and cons of switching jobs. You could start by researching the average salary for someone with your level of experience and skillset, and speaking with a recruiter or career counselor to get a better idea of what your skills are worth in the current job market. Remember that the job market is constantly changing, and what may be true today may not be true tomorrow. Good luck! ????
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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on May 18, 2023

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Hello Abhishek, my age is 43 & I am a b.com graduate, currently working in an mnc since last 8 years in back office document management profile with around 50000 in-hand salary. I have total experience of 11 years in same profile. I am searching for new job since last 1-2 years but not getting it in similar profile as companies are preferring persons with less salary/experience for this work. Please advise shall I try for data analysis/PMO profile in IT sector by doing some courses & if it's possible/advisable at my age with non technical degree & non relevant experience. Is there any other field you can advise where I can get similar salary. Thanks for your help in advance. Wish to be Anonymous.
Ans: Hi there,

Based on your current situation, it is understandable that you are exploring new career opportunities. Transitioning to a data analysis or PMO (Project Management Office) profile in the IT sector is indeed a viable option. While it may require you to acquire some additional skills through relevant courses, it is possible to make a successful career switch at your age and with a non-technical degree.

To enhance your chances of securing a job in these fields, consider the following steps:

Research and assess the demand: Investigate the job market to determine the demand for data analysts and PMO professionals in your region. This will help you gauge the opportunities available and make an informed decision.

Identify required skills: Look for the key skills and qualifications sought by employers in these fields. This will give you a clear understanding of the specific knowledge and expertise you need to acquire.

Skill development: Enroll in courses or training programs that specialize in data analysis or project management. These courses will equip you with the necessary technical skills and knowledge required for these roles.

Showcase transferable skills: Highlight your transferable skills from your previous experience, such as attention to detail, problem-solving abilities, organizational skills, and proficiency in data management. These skills can be valuable in data analysis and PMO roles.

Networking: Build a professional network in the IT industry. Attend industry events, join relevant online communities, and connect with professionals already working in the desired roles. Networking can help you discover job opportunities and gain insights into the industry.

Regarding the salary aspect, it's important to note that a transition to a different field might come with initial adjustments in salary. However, with the right skills and experience, you can work your way up to a similar salary level as your current role or even higher.

Remember, age should not be a deterrent in pursuing a new career path. Many individuals successfully transition into new roles and industries at various stages of their lives. Stay motivated, be open to learning, and leverage your existing strengths to make a successful switch. Good luck!

Regards,
Abhishek

..Read more

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