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Young CA Dies from Work Pressure: How to Avoid Burnout?

Maxim

Maxim Emmanuel  |391 Answers  |Ask -

Soft Skills Trainer - Answered on Oct 13, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - Sep 19, 2024
Career

How to deal with workplace burnout? A young employee, a CA working for EY recently succumbed due to work pressure and no one from the office attended her funeral. What are your thoughts? What should one do in a situation like this? What is your advice to young professionals

Ans: A candle giving light burns out.. can be replaced with another!?

If a human prematurely burns out, doing a task beyond working hour's.. Sorry not on!? But that's what these corporates think ...sorry to say utter callous behavior.. Not a done thing any where in their countries of origin... The care two shit ???? attiitdude ...must stop now!?

It's your own funeral.. Nobody attended it... Well these rascals attend weddings...for sure!?

Whether it's...EY, TCS, Infosys,Northern Trust, Thermo Fisher... you add whatever.. !?

Be the whistle blower.. Tell me more ready to assist!?

If you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024
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Mayank

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Dear Mayank,My name is Dinesh Kumar, age 38.I am working as an EHS coordinator (in the environment health and safety department) in a corporate office in Noida since the last 15 years.But since the last three years, management has given extra work of the quality dept.I am coordinating with approx 300 site safety and quality engineers (admin role), managing the safety store at the Noida office (safety uniform, personal protective equipment, safety promotional material, etc), managing the upkeep of documentation part of ISO 14001 and OHSAS 18001, distribution of safety uniform kit to sites approx 600 persons, MIS of safety reports, etc.I am feeling overloaded and stressed and not interested in my job.I am giving 100 per cent in my job but work not completed always.Please advise me on how I can control my stress at the workplace and find a new job.Dinesh Kumar
Ans:

Dear Dinesh,

I understand you are overloaded, like many people in the corporate world.

The first step to streamline your work is to clearly list down the tasks that you do and how much time it takes.

Then sit with your manager and explain to him the support you want from the management in terms of resources like manpower, online system, etc.

You are a valuable resource and if you can systematically explain the situation, then I am sure you will be heard and allocated resources to optimally carry out the critical tasks related to ESH of your organisation.

Many of the ESH activities are legal requirements, so the company will definitely support you.

 

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Anu

Anu Krishna  |1194 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 27, 2020

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I saw your helpline and thought of asking for help. I m a sales guy aged 50 and recently joined a company. It is neither a MNC nor a middle sized organisation. Considering the fact that this is new organisation i need to prove my worth. There is tremendous pressure to perform. There is absolutely no support from the company people to send quotations etc which they take their sweet time and they give reasons like Covid -19 etc for the delay and they do not expect us to give reasons for failure. If u look at it from my perspective , I have joined in the month of Feb 2020 wherein March-April and may were locked down months. Just now the business has started signs to improve. Instead of supporting the team they keep on finding little faults which does not motivate but de-motivates me. A colleague before me has already been sacked after 5 months and I am not sure when my turn will come. I feel it may be next month too. I have not tried to reason out with them or they may say I am trying to give reasons for my failure. On top of that I have been reporting to 4 bosses who just write to me as per their whims and fancies. Plz let me know what best I can do to survive this time frame. I am just keeping mum bcoz there are no jobs available in the market and I am doing my best, In fact as this is an automotive industry it takes time to materialise and everywhere is there is a slowdown in business. I would not like to give reasons but still it becomes difficult to survive. Plz advice and help.
Ans: Dear SK, I can only imagine the agony that you are going through and I have been coaching many people on this since the time the lockdown began.

None of us knew what the Pandemic would mean and what it would do to our businesses or work or home. It has managed to create new situations that we have no idea of how to handle.

This has caused a lot of anxiety and strain and we have perhaps begun to imagine the worst.

But what if I tell you that the situation is changing and so will the situation at your office?

Will you be inclined to believe that?

Even the top management is behaving in a wayward manner as this is all new to them; especially working from home for many and not much facetime which I guess as a Sales guy you are used to.

Since the response from the markets are not so good, it is bound to show up as a poor performance on your record, this is a valid concern…but to go into work, everyday keeping this in mind may not be effective even with the smallest of tasks as the anxiety keeps you on the edge not doing much but worrying to save your job.

Also, what happened to your colleague may not happen to you. So why focus all your energies on something that may not happen?

Instead, simply focus on ‘realistic’ targets that are achievable at this time.

Also, since you have joined only early this year, I do feel, it is imperative for you to know really your hierarchy and reporting structure. If there are conflicts at the top and you are bearing the brunt, either you need to roll up your sleeves and ace the politics that possibly others are facing too or simply do what you can.

Step back and observe what is going on and for this, you need to be a little calm to understand the WHY of 4 bosses!

It may all but be an imagined stress and it might just need a bit of a tweak to be in a better rapport with each of them.

Sometimes, what is little, becomes big in the mind as it is cluttered with a lot of if and buts with either lack of information or simply creating stories out of apprehensions and fears.

Please take care of your health and this helps keeping the mind in a better space to deal with what is going on.

Ultimately, tell yourself: “NOTHING IS WORTH STRESSING OVER SO MUCH. Everything falls into place, once I take charge!”

Take charge and take care of your health. Best wishes.

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Dr Ashish

Dr Ashish Sehgal  | Answer  |Ask -

Relationships Expert, Mind Coach - Answered on May 12, 2023

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I am 42 years old and working round the clock in my current job. Its a tough life. Company is not giving me options to learn skill nor doing anything to reduce my pressure. Due to covid, finding a new job is very difficult in my field. Due to constant pressure i have lost interest in work and dont want to work. There is a burnout.its tough situation to handle. Need ur help/ advice in this situation.
Ans: It sounds like you are experiencing burnout from your job, which can be a serious issue if left unaddressed. Here are some steps you can take to help manage your situation:

Take a break: If possible, take some time off work to recharge and focus on self-care. Even a short break can help you feel refreshed and more motivated to tackle your job responsibilities.

Set boundaries: It's important to establish clear boundaries between your work and personal life. Try to limit working outside of regular hours and avoid checking emails or taking work calls during your free time.

Seek support: Talk to a trusted friend or family member about your situation. Sometimes just having someone to listen and offer support can make a big difference.

Find ways to cope with stress: Consider incorporating stress-reducing activities into your daily routine, such as meditation, exercise, or spending time in nature.

Explore career options: While finding a new job may be difficult in your field right now, it's important to consider your long-term career goals and explore other options that may be available to you.

Consider seeking professional help: If you continue to struggle with burnout, it may be helpful to seek professional help from a therapist or counselor who can offer additional support and guidance.

Remember, burnout is a serious issue that can have negative effects on your mental and physical health. It's important to take steps to address it and prioritize your well-being.

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Pradeep

Pradeep Pramanik  | Answer  |Ask -

Career And Placement Consultant - Answered on Sep 19, 2024

Asked by Anonymous - Sep 19, 2024Hindi
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Career
Dear Mr Pradeep, how does one deal with workplace burnout? A young CA working for EY recently succumbed due to work pressure and no one from the office attended her funeral. Is this normal? What are your thoughts? What should one do in a situation like this? What is your advice to young professionals
Ans: Dear ,

You have raised a valid point which most of the young professionals are passing through.
What a paradox in Indian context ?
At one hand,. public sector companies do have quite liberal working conditions and virtually no direct accountability to push your stress level to that high of opting for ending life., whereas in most private or proprietorship companies , right from reaching office in time to achieving the set objectives days after days , months after months which keep on increasing.

There is limit of tolerance of abusive behaviur or working styles , hence many find ways to move to other comanpies, some quit the job , some move out to other industries .

There are many companies or companies from different sectors , why only talk about EY , I can give true exampples of BFSI /NBFCs/Telecom/ Industrial products companies / Real Estate cos/ FMCG/FMCD/Pharma cos where many professionals avoid to opt for even when they are offered high packages.
Reason, - High work pressure , abusive work conditions , Job Uncertainity , worst approach of top management where you are treated like slavesif you fail to achieve your assigned tasks or objectives which is also called target..
However taking own life as this CA at EY did was really heartwrenching . Moreso the approach of the management .
After all a young talented girl . lost her life due to work pressure as mentiioned in her notes. To be honest , no one attending funeral from management side is not normal .

In most cases some one from management side representsor send their condolences .

There are good companies who even clear the dues and add ex gratia amount from their side so that family doesn't suffer financially . I have seen some companies offering job to another member of the family too. .

May be, in this case , due to legal complications, Sr managers avoided attending the funeral .

As far as my advice to young professionals is concerned - Be bold , take challenges as part of your life and when you feel . it is crossing your limits , You must expose the truth to top management as many a times , putting so much pressure on young professionals are the handiworks of Line managers or HR managers , which top management might not be aware about .

She being a CA should not have any issues in finding another good paying job or even joining any CA firm as Sr manager taxation or in auditing could have not difficult. She should have fought back.

You must have seen many Army /Police /CISF or Bank professionals commit suicide under work pressure which is really painful . One should fight back or find better options available than ending own life. Remember Tough times never last but tough people do. Thanks

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Milind

Milind Vadjikar  |387 Answers  |Ask -

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Asked by Anonymous - Oct 12, 2024Hindi
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Hi, age 40 years, monthly net salary Rs 85k, married , 1 kid. Recently have constructed new house. Ground floor commercial shops, and 1st floor residential 2bhk flat were we stay. Home loan 1.05 cr with monthly EMI of 85k for next 30 years & All current savings exhausted due to new construction. Commercial shops have potential for monthly rental income of 60k to 70k.please guide on below for strategy: 1) how to close home loan in next 10 years 2) considering 60 as retirement age, need corpus of 8 cr to fund kid education, marriage and for rest of livelihood.
Ans: Hello;

1. Immediately let out the commercial shops on long lease with yearly rent hikes. This is crucial to fund your loan EMI.

Assuming this to yield rental income of 70 K per month.

You will still need to shell out 15 K for the EMI amount from your income.

2. So after deducting EMI cut from your monthly pay we are left with
70 K.
Earmarking 30 K for your regular expenses, I suggest you start a monthly SIP of 40 K in a pure equity mutual fund with yearly top-up of 11% minimum.

This may grow into a corpus of 1.47 Cr after 10 years part of which you may utilise to settle off the overdue loan amount.

3. The balance corpus left after settling the loan is expected to be around 54 L. At this stage you will need enhance monthly sip to 1.5 L with 13 % yearly top-up for the next 10 years.

4. The corpus from SIP after the next 10 years may be 6.3 Cr. The balance corpus of 54 L may grow into a sum of 1.83 Cr. Both added will give you a comprehensive corpus of 8.13 Cr, as desired. ( A modest return of 13% from pure equity mutual funds is considered).

Happy Investing!!

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

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Nayagam P

Nayagam P P  |3811 Answers  |Ask -

Career Counsellor - Answered on Oct 13, 2024

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Sir the median package at ssnce for cse core is less than rvce ise .So does it make more viable option considering placement in mind .I have a dream of becoming software engineer from my childhood. But my seniors are advising for rvce ise.what to do should I follow my dream or placement.I am a Bangalore resident and Tamil is my mother tongue.
Ans: Ashwin, my son, graduated from RVCE in 2023 and secured employment through campus placement with a reputable software company. Despite being among the highest achievers in COMEDK, he opted for ECE instead of the more accessible CSE. We did not compel him to join CSE. Following his second year, he progressively shown an interest in software and obtained several certifications through NPTEL, Internshala, and similar platforms. Regarding his experience, while ISE is commendable, CSE is the superior option. Simply enter 'RV placement statistics 2024'. Select the initial result to get the Placement Statistics of RV directly. The top placements are for Computer Science Engineering, followed by Electronics and Communication Engineering, and then Information Science Engineering. The recommendations of your seniors, your personal interests, and the branch with the highest placement statistics are distinct considerations. Kindly review the Course Curriculum for both CSE and ISE and make a decision. Kindly review one of my detailed responses below, in which I have explicitly outlined the stages, recommendations, and methods that a first-year engineering student should adhere to till their fourth year for campus placement. All the BEST for Your Prosperous Future.

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

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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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