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R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Jan 05, 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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Jagannath Question by Jagannath on Jan 04, 2024Hindi
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Sir iam 51 old my salry total less 15k in small private firm last 20 years owner notincrease my salary i had explord all possibility opportunities in big companies nothing on my way i have own house and family findings problem But my job is supplying of cnc cutting tool forall major manufacturing indian industries what to do jaga

Ans: I’m sorry to hear that you’ve been struggling with your salary for the past 20 years. It’s understandable that you’re looking for ways to improve your financial situation. Here are some tips that might help:

Research your market value: Research the market value of your job title, years of experience, and the cost of living in your area. This can help you determine whether your current salary is fair or not. You can use websites like Indeed to find out more.

Negotiate with your employer: If you believe that your salary is lower than what you deserve, you can try negotiating with your employer. Prepare a list of your accomplishments and the value you bring to the company. Set up a private meeting with your manager to discuss your salary. Be kind but straightforward. If your request is denied, take the time to understand why. If it’s solely a budgetary issue, ask your manager when you can realistically revisit the conversation.

Consider freelancing: Freelancing can be a good option if you’re looking for more flexibility in your work schedule. You can work from home and choose the projects you want to work on. You can also set your own rates and potentially earn more than you would at a traditional job.

Explore other job opportunities: If you’re not happy with your current job, consider exploring other job opportunities. Look for companies that offer better salaries and benefits. You can also consider switching to a different industry if you have transferable skills.

Remember, improving your financial situation may take some time and effort. Don’t get discouraged if you don’t see results right away. Keep working hard and exploring new opportunities, and you’ll increase your chances of finding a job that meets your needs. Good luck!
Asked on - Jan 05, 2024 | Answered on Feb 29, 2024
Sir thank for valuable support only my job profile OK it is selling of cnc cutting tool for mahindra Bajaj Indian ordinance factories and I traveling all over India but my owner not listening our grievances last 20 year not even single increase made also in my line lot of local competitors there I tried with them also nothing going on my way
Ans: I understand that your situation is challenging, and it can be frustrating when your efforts don’t yield the desired results. Working tirelessly for two decades without any increase or acknowledgment can indeed take a toll. Let’s explore this further:

???? In the Realm of Cutting Tools ????

In the heart of India’s bustling factories, Where sparks fly and machines hum, You tread the path of precision, Selling CNC cutting tools, your daily drum.

Mahindra, with its rugged might, And Bajaj, weaving dreams on wheels, Their factories echo with industry’s pulse, And you, the silent architect, sealing deals.

But alas! Your grievances fall on deaf ears, The owner, a distant figure in the shadows, Twenty years of dedication, yet no raise, Your spirit wanes, like a fading meadow.

Local competitors swarm like hungry ants, Nibbling at the edges of your territory, You’ve tried to forge alliances, find common ground, Yet the winds of fortune blow contrary.

???? The Forge of Resilience ????

Fear not, my friend, for within you lies strength, Like a well-tempered blade, you endure, Sharpen your resolve, wield your persistence, For every challenge is but a whetstone, be sure.

Speak louder, not in decibels, but in purpose, Craft your grievances into a symphony of change, Seek allies among the stars and the moon, And let the universe conspire to rearrange.

Perhaps it’s time to forge a new path, To temper your mettle in the fires of innovation, Explore avenues beyond the familiar anvil, Where your cutting tools can carve a new foundation.

Remember, even the mightiest oak was once an acorn, And the smallest rivulet carved the grandest canyon, So persist, my friend, for within your veins, Flows the molten steel of resilience, unbroken.

???? Claim Your Raise, Shape Your Destiny ????

When the sun sets on your final day of service, And the CNC machines hum their lullaby, May your legacy be etched in the chips of metal, And your grievances transformed into a battle cry.

Seek justice, not just in increments of currency, But in the recognition of your unwavering toil, For you are more than a seller of cutting tools, You are the architect of progress, the maker of soil.

And when the winds of change blow fiercely, May they carry your name across the factory floor, A testament to resilience, a beacon for others, A legacy forged not in gold, but in something more.

???? Keep Turning the Wheel, My Friend ????

So, as you traverse the vast expanse of India, Remember that every twist of the road, Every handshake, every nod of agreement, Shapes the contours of your story, bold.

May your CNC cutting tools continue to spin, Carving paths through steel and adversity, And may your grievances transform into victories, As you forge ahead, a modern-day alchemist of tenacity.
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Hi Mayank,Hope you are doing great.I am Jitendranath, 45 years, from Hyderabad. I am writing this after reading your article on Rediff.Basically I am a mechanical engineer having 20+ years of experience in the EPC (engineering, procurement and construction) and manufacturing industry in the procurement/SCM function.I worked with companies like Fenner and Kirby in Hyderabad before moving to Thermax, Pune, where I worked for 6+ years. I then returned to Hyderabad with the intention of starting a small business.But, even after four years, I couldn't succeed in establishing my business and lost all the capital. So I started searching for suitable positions.I have had no success since the past two years as the EPC and manufacturing industry is itself struggling for several years (since 2012) from scams like coalgate, policy paralysis, demonetisation, GST and now COVID-19.Even though there are a few jobs in the market, I may not be meeting their requirements.Could you please help me?How I should change and develop my skills to meet current and future demand so that I get a suitable job? I am the single source of income for my family of six.Thanks and regards,Jitendranath V
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Hi Jitendranath.

I believe you have the right foundation to restart your corporate career.

You can plan that with these specific points:

1. With your background in EPC, and with the economy looking up, you can focus on infrastructure and the real estate industry.

2. You can also explore opportunities in international markets like the Middle East and Canada.

3. With 20 years of experience, you must continue to focus on managerial and leadership competencies.

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Dear Mr CHandu, I am 53 yrs now and an BE by qualification. I have been working in IT industry (14 yrs) and from 2007 have been working in IT Security profile as GM. In 2015 I left the job over an partnership offer which did not materialized but i lost the job. I started an start-up ecommerce company with a good concept which was liked and appreciated by the franchisees as even today they are running a grocery store which was setup by me, though my business shut down due to non funding and was cheated in the name of funding. After long gap I did join the company but lasted for just 8 months and now again am job less. I have a good start-up idea in healthcare which is workable and have been appreciated by people to whom i have brief though i M yet to launch due to funds issue, Though people are trying to find the funding after hearing the biz idea. My wife is working and have 2 kids in 12th and 10th Std respectively. Pls advice.
Ans: Dear Mr Dinesh,
It looks like you have been through a lot after getting into business on your own. Your children too are at a critical stage in life which requires funds for higher education in the next few years. The first question to ask yourself is - what is the priority in your life? Is it financial stability for the family esp for the kids? Or is it the pursuit of your business? The second question is - what is the current status of your household finances? Is there enough savings to manage the household, upcoming education expenses, other expenses (travel, medical etc)?
If you are shaky, it may be time for you to consider taking an assignment which offers you a fixed remuneration and also flexibility to work on your idea. You say you were in the field of IT security. Can you consider an assignment which might take 2-3 days per week managing and overseeing the IT security for a company which cannot afford a full-time professional?
You may also want to consider getting incubated in a good healthcare incubator in your city and also apply for a start-up funding grant from the government of India and/or local state government programmes.
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Hi Sir I have completed my btech in 2018 after that i am preparing for govt job for 2 years but not getting result in 2020 starting a pvt job ...till now doing that job got promoted but as compared to other employe i feel underpaid bcz some employee at my position have direct approach to CEO ... I feel to start govt job preparation again but my age is now 28 ...pressure from family to do better in life fully stucked my father always force me to do some self employed type business... I am totaly frustrated .
Ans: It sounds like you're facing a lot of pressure and frustration regarding your career and future direction. It's understandable to feel overwhelmed when dealing with family expectations, job dissatisfaction, and uncertainty about your career path. Here are some suggestions to help you navigate this challenging situation in the future. Have open and honest conversations with your family about your feelings, aspirations, and concerns regarding your career. Express your need for support and understanding as you navigate your career journey. Explain your reasons for considering government job preparation or entrepreneurship, and discuss how your family can support you in pursuing your goals. Once you've clarified your goals and explored your options, take proactive steps to move forward. This may involve updating your resume, researching government job requirements, or developing a business plan for your entrepreneurial venture. Break down your goals into smaller, manageable steps and take consistent action towards achieving them. Remember that progress takes time, and setbacks are a natural part of the journey. It's essential to prioritize your well-being and mental health during this challenging time. Take time for self-care activities that help you relax, recharge, and maintain balance in your life. Seek support from friends, family, or mental health professionals if you're feeling overwhelmed or struggling to cope with stress. Research different career paths, including government job opportunities, entrepreneurship, and other alternatives. Consider the pros and cons of each option, as well as the potential challenges and opportunities they present.

Remember that your career journey is unique to you, and it's okay to explore different paths and make changes along the way. Trust yourself to make decisions that align with your values, aspirations, and well-being. With persistence, self-reflection, and support from others, you can navigate through this challenging period and find fulfillment in your career and life.
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Ramalingam Kalirajan  |939 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 27, 2024Hindi
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Hello Sir, I am looking at imvesting around Rs.20,000 per month in SIP with good returns and overall balanced portfolio along with some us stock exposure (Parag Parikh kind of funds). Please provide your valuable suggest in which mutual funds should I invest or is ETF better option
Ans: When considering your investment strategy, actively managed funds can offer distinct advantages over ETFs. Actively managed funds are overseen by professional fund managers who actively research and select investments they believe will outperform the market. This active management can potentially lead to higher returns compared to passively managed ETFs.

Furthermore, actively managed funds have the flexibility to adapt to changing market conditions and exploit emerging opportunities. Fund managers can adjust their portfolios in response to market trends, economic indicators, and company-specific developments, aiming to optimize returns while managing risk.

On the other hand, ETFs, while offering low expense ratios and broad market exposure, often deliver only mediocre returns. Since they passively track an index, ETFs are unable to take advantage of market inefficiencies or capitalize on undervalued securities in the same way actively managed funds can.

Considering your desire for balanced returns and exposure to US stocks akin to Parag Parikh-like funds, actively managed funds offer a more suitable option. They provide the potential for superior performance while aligning with your investment objectives and preferences. Working with a Certified Financial Planner can help you identify the most appropriate actively managed funds to include in your portfolio.
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Ramalingam Kalirajan  |939 Answers  |Ask -

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Hello, I am 25 years old. Due to personal reasons I invest in only 100% equity mutual funds that do not invest in banking stocks. Currently I am investing in 3 mutual funds: Nippon India Power & Infra direct growth, Taurus Ethical fund and Tata Ethical fund. I have set Tata ethical fund aside as a retirement fund. Can you suggest where can I invest more (sectoral mfs or gold etf etc.)to correctly diversify my portfolio.
Ans: Given your current allocation to 100% equity mutual funds without exposure to banking stocks, let's explore other avenues for diversification while respecting your investment preferences.

One option is to consider adding a component of debt instruments to your portfolio. Debt mutual funds can provide stability and income generation, complementing the growth-oriented equity funds you're already invested in. Look for funds with high-quality debt securities and a track record of consistent returns.

Another avenue to explore is allocating a portion of your portfolio to gold. Gold ETFs or sovereign gold bonds can act as a hedge against inflation and currency fluctuations, diversifying your portfolio and reducing overall risk.

Additionally, you might consider increasing your exposure to international equities. Investing in global markets can provide access to a broader range of opportunities and reduce reliance on any single market or economy.

Ultimately, the key is to maintain a balanced portfolio that aligns with your risk tolerance and long-term financial goals. Consulting with a Certified Financial Planner can help you navigate these options and tailor a diversified investment strategy that suits your needs.
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I have a lumpsum amount of 20lakh to invest but have no idea how to invest to get a steady monthly income.
Ans: It's understandable to feel uncertain about how to make your lump sum work for you. As a Certified Financial Planner, I'm here to help navigate this journey with you. Have you considered the power of diversification?

Diversification is like spreading your bets across multiple horses in a race rather than putting all your money on just one. In the investment world, it means allocating your funds across different types of assets like stocks, bonds, and maybe even commodities or real estate investment trusts (REITs). This way, if one asset underperforms, others may compensate, reducing overall risk.

Active funds are managed by professional fund managers who actively research and select investments they believe will outperform the market. This active management can potentially lead to higher returns compared to simply tracking an index.

Regular funds, accessed through a Mutual Fund Distributor (MFD), provide a structured approach to investing. Your MFD can offer personalized advice and support, helping you navigate the complexities of the market and make informed decisions.

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Ramalingam Kalirajan  |939 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 28, 2024Hindi
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Hi, I'm an 18 year old male, recently turned on January of this year, the first thing I did was to open a bank account. I have saved around 1Lakh approx, to be specific 96-97K, from the past two and an half or so year. Currently I have no debt, I don't use credit card, currently no loan. I have a debit card which I use to purchase stuff, my spending is very frugale, except from needs. I have recently opened a demat account and invested around 26-27K in the Indian market, to get a gist of things actually work. I have divided the money into Index/ETF, mid cap and Large cap. Mostly the money is in Index. What should be my next steps to grow, and can you suggest me some demat accounts that are good to use, currently am using INDmoney. I also have plans to study abroad, especially do my bachelor's. I need an amout of around 40-45Lakhs, a safe side of 50Lakhs, if the duration of the study is 3-4years with 2 years extra of work visa what should I do to repay the loan and still have money to progress forward with my career.
Ans: Firstly, congratulations on taking proactive steps towards financial responsibility at such a young age. Your disciplined approach to saving and investing is truly commendable.

As you embark on your journey to grow your wealth and prepare for your studies abroad, it's crucial to strategize wisely. Have you considered the potential benefits of diversifying your investments through actively managed funds rather than relying solely on passive index funds? While index funds offer broad market exposure, active funds are managed by professionals who aim to outperform the market.

For your demat account, have you thought about seeking guidance from a Certified Financial Planner or a Mutual Fund Distributor (MFD) to ensure that you are making well-informed investment decisions? Digital platforms are convenient, but the personalized advice and support from a certified professional can add immense value to your investment journey.

As for planning for your education abroad, have you contemplated exploring investment avenues beyond the stock market? Given the specific timeframe and financial goal, alongside potential currency fluctuations, it's crucial to explore a mix of investment options that align with your risk tolerance and time horizon.

Wishing you the very best as you navigate these financial decisions, and may your journey be filled with learning and growth.
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Ramalingam Kalirajan  |939 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

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Sir what are the best thematic mutual funds giving high returns . Can you share a few. I just found icici infra structure fund . Similarly can you suggest any thematic funds giving high returns onky for lumpsum investment for 3to 5 years tome frame
Ans: Naveen,

It's wonderful to see your proactive approach towards exploring thematic mutual funds for potential high returns. Thematic funds can indeed be enticing with their focus on specific sectors like infrastructure, technology, or healthcare. While thematic funds have the potential for high returns, they also come with increased risk due to their concentrated exposure.

Have you considered the risks associated with investing in thematic funds? As these funds are heavily dependent on the performance of a particular sector, fluctuations in that sector could significantly impact your investment. To mitigate risk and ensure a more balanced portfolio, it might be beneficial to diversify your investments across different sectors by considering diversified active equity funds.

Certified Financial Planners often recommend a diversified approach to investing as it helps in spreading the risk and capturing opportunities across various sectors. By opting for diversified funds, you can benefit from the growth potential of multiple sectors while managing the inherent risks associated with thematic funds.

It's essential to align your investment choices with your financial goals and risk tolerance. Before making any investment decisions, I encourage you to consult with a Certified Financial Planner who can provide personalized guidance based on your unique circumstances.

Invest wisely, stay diversified, and may your financial journey be filled with growth and stability.
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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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