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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Apr 25, 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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Asked by Anonymous - Apr 09, 2023Hindi
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I am a Solar Engineer(28 years and unmarried) working in an MNC company for past 6.5 Years with very nominal salary of around 40k per month which perfectly fits to me only. Due to slow down of Solar business and increasing competition, I am not expecting our company growth which directly impacts our pay. I am also looking opportunities parallely in different domains like IT industry(have knowledge) etc., and one of my favourite is Travel and Tourism. Please recommend my next move. Thank you in advance.

Ans: Hi,
You are working in an MNC Company for the last 6.5 years and it seems that you are settled there. Solar energy would be in demand in a next few years due to the green initiative adopted by most of the world power. I would suggest you to stick to the current company.
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Mayank

Mayank Kumar  |192 Answers  |Ask -

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I am currently working fora leading FMCG company. I have a total experiemce of 20 years + in sales & marketing, Operations . I have been a multitasking individual. My salary is a 1.13 lac per month which is very hard to continue. I was in the insurance , banking but now have been in the FMCG industry for the past 12 years now. I am in a senior level as well. Kindly suggest me what next to do..I want a change and also need a 2nd income to sustain as well.
Ans: Hi Trilok! Your current CTC per month is not matching your work experience. To evaluate whether you are being paid fairly, I use a formula of the years of work experience with a 1.5-2x multiplier - so you should be at 30-40L. The sector that you are working in is experiencing ups and downs thus you should focus on how you can contribute by looking at up-skilling yourself. Sales, Marketing & Operations are integral functions for each and every sector & there is scope for a lot. These are a few steps I will recommend:

- Work on specific projects within your organisation in the domain where you want to build expertise in
- Utilise your time to pursue an online executive/ general management program (more focused on training than theories) to acquire leadership and managerial skills. It will strengthen your business acumen and shall boost your skill proficiencies for taking up added responsibilities within your organisation
- Use metrics to define your efforts within your org so that also allow them to compensate you fairly. Also with the right upskilling you should aim to get the right increment for yourself.

..Read more

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Krishna

Krishna Kumar  |358 Answers  |Ask -

Workplace Expert - Answered on Jul 26, 2024

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