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By JFY Content Team

12 Buzzwords to Say in Your Next Interview

Slipping in a buzzword or 10 during the interview process can be key.

Image credit: bernardbodo | Getty Images

Glassdoor
7 min read

This story originally appeared on Glassdoor
A job interview shouldn’t come down to the words you use — you think. But, slipping in a buzzword or 10 during the interview process can be key. As career coach Hallie Crawford explains, “In a job interview, hiring managers are alert to certain words and phrases that convey knowledge of the position, confidence and that a person would be a good fit for the company.” And without them, you could be looked over.

So, what are those words you should always use? Here, our experts say, are 12.

Buzzword No. 1: We

“We” isn’t a buzzword per se, but it’s imperative to drop once — if not a dozen times — during an interview. Why? “Using the word ‘we’ shows that you are already thinking you are part of the team and explaining how you will collectively gain more sales, reach more clients and more,” explains millennial career expert Jill Jacinto.

Buzzword No. 2: Flexible

As in, you are flexible — and not in a yoga junkie kind of way. Crawford says that being flexible — whether with your time or your responsibilities — will show a hiring manager that you’d be easy to work with. “Of course, you don’t want to lie if there are some issues you wouldn’t negotiate on,” Crawford advises, “but stressing your flexibility shows the hiring manager that you’d [be a fit in the team].”

Buzzword No. 3: Leader

You can and should be a leader — even if you’re not applying for a boss position. “Every interviewer wants to hear about a time a candidate took charge and owned a project or led a team,” Jacinto says. “No matter what job you are applying for, this skill — and this buzzword — need to be expressed.” How to fit it in, you ask, without sounding like bragging? Something like, “I’ve enjoyed leading a team of …” will do the trick, or try out, “I’ve been a leader in many ways. For example …”

Buzzword No. 4: Plan

You don’t want to have so much figured out you can’t hear what the hiring manager has to say. But, you’ll become a much more attractive candidate if you are able to say that you have a basic plan prepared for the position. “After researching the company and position, prepare a basic 30-, 60- and 90-day plan for if you were to be hired,” says Crawford, with actionable steps you could take in those time frames. “This will show the employer what you are made of and how you would operate.”

Buzzword No. 5: Initiative

According to Jacinto, “Every single hiring manager is looking for a self-starter — no matter what a job description might say.” Why is that? Because Jacinto explains, “this is the strongest skill anyone can bring to the table.” So, here’s how to show off this skill in an interview: “Explain how you took the initiative on certain projects,” Jacinto advises. “It’s essential to winning this crowd of people over.”

Buzzword No. 6: Opportunity

As in, you would love the opportunity to work for this company. “If you really want the position, let the hiring manager know,” instructs Crawford. Of course, you can show you’re excited about the job opening in other ways — through gestures, body language and facial expressions — but at the end of the interview, you should actually say how you’re feeling. “Wait until toward the end — once you have all the details about the job and you are really sure you want the position,” Crawford says. And, “make sure that you can elaborate on details as to why you want the job.”

Buzzword No. 7: Measurable results

It’s all well and good to say that you were, for example, a successful salesperson. But, you should be able to prove your superstar skills with numbers or other measurable results. “The hiring manager wants to hear what you accomplished, and numbers certainly help tell that story,” says Jacinto. And it’s not enough to say you accomplished a lot. “Make sure to describe your responsibilities but always include how you measured the results and what they were,” she says.

Buzzword No. 8: Success

Of course, you should talk about your own successes. But, you should also ask what kind of employee will enjoy success in the role for which you’re applying, says Crawford. “Preparing a few well-thought-out questions for the manager shows him or her that you also want to make sure that the job would be a good fit for you,” Crawford says, “and you’re interested in the company and engaged in the process.”

Buzzword No. 9: Mission statement

Most companies have a mission statement. So, read up on the company’s mission statement before your interview and pay attention to what you see, instructs Jacinto. You can bring up the mission statement directly, showing that you have done your research, or pull key words from the description to drop into the interview conversation. “You’ll start to see words and phrases like ‘team’ or ‘innovate’ that you should make a note to include,” Jacinto explains, adding that “companies spend hours designing these statements and frequently refer to them.”

Buzzword No. 10: Like

You want this position — and to work for this company — because you like it. So, don’t be afraid to admit you have a crush, encourages Crawford. For example, you might want to gush that you “really like XYZ” about the company, she says. And if you need some inspiration to get the gush-fest started, “read about the company online in articles,” Crawford advises. “Learn about their values, mission, and any recent big news, so you know not just about the position but about the company as well. Bring these items up during the interview to show you’re knowledgeable.”

Buzzword No. 11: Story

Everyone likes a good story, including your prospective employer. So wow him or her by saying, “Let me highlight this strength with a story,” Crawford advises. “Make sure you can explain your strengths clearly and have several stories with a good outcome that illustrates your strength. Prepare stories about challenges you have faced and overcome, problems you’ve solved and clients you have made happy with your work.” And keep ’em quick. “Short stories highlight why you can do their job and go further than just telling them,” Crawford says.

Buzzword No. 12: Thank you

The essential words you have to say in any interview? Thank you. “You always want to leave the interview on a positive note,” explains Crawford, “and showing your appreciation is a great way to do so.” So, say thank you, and “try to articulate a couple things you appreciated about the manager during the interview.”

(By Jillian Kramer)

Credit: Glassdoor | Entrepreneur

By JFY Content Team

India’s best companies to work for and why

A study by The Economic Times and Great Place to Work® that recognises organisations that are great employers

By Basuri Dutta and Aniruddha Kulkarni

Right now, the global economy is going through the labour pains of Third Industrial Revolution, manifested through technological innovation and digital disruption, giving way to new business models. The effect of all the above is perceived to be fuelling ideological shifts and rise of nationalism across different parts of the world.

With the rapid and exponential pace of technological innovation, it is simply not enough for businesses to deliver products and services. They are getting commoditised in no time, in the digital era. Customer experience becomes even more important. Incidentally, positive customer experience is characterised by empathy. It is the key essence of the sumtotal of all interactions that businesses have with their customers. And the one who can deliver this to customers is an employee who, in turn, is impacted by the sum-total of positive experiences at the workplace.

Therefore, the only indispensable factor in this entire equation turns out to be an employee with a positive workplace experience that translates into a great customer experience. AI can replace many jobs, but not this kind of an employee.


While the above insight is intuitively understood by industry, research shows that, globally, companies spend 1 trillion USD to track, design and deliver customer experience, but, when it comes to employee experience, the spend is only about 750 million USD (as per a research quoted by Diana Dosik, Principal at Boston Consulting Group).

Great Place to Work® Institute in its research finds that, the world-over, it is the constant endeavour of the best workplaces to employ the same kind of rigour and discipline in designing and delivering experiences to their employees, as they would do for their customers.

India’s 100 Best Companies to Work For 2018 have clearly made it a priority and are creating positive experiences across the employee experience ecosystem, characterised by Credibility of Management, Respect for People, Fairness at the Workplace, Pride in the Organisation and Camaraderie with Colleagues, all in an environment of Trust. The result is a High-Trust, High-Performance CultureTM .


The Study saw participation from a diverse set of industries which also find representation in the 100 Best Companies to Work For.

Only 19 out of India’s 100 Best Companies to Work For 2018 are new entrants into the list, the rest are either old organisations or re-entries that have been on the list in the past. And, while the 100 Best Companies of 2018 sustained the quality of employee experience (83% of the people surveyed reported back positive experience) over last year’s Top 100, there is a clear differentiated experience that they could deliver to their people, as compared to the rest of the companies that were part of the Study.

The Study reinforces that the factors that drive the quality of employee experience across all organisations, whether the Best or the Rest, are essentially the same. These are factors like ‘opportunities for career growth and leadership development’, ‘pride in the organisation’s brand’, ‘its ability to attract talent’, ‘a strong sense of community with colleagues’, ‘fair evaluation of performance’, ‘egalitarian treatment’, ‘alignment with the key goals of the organisation’ and ‘management integrity and ethical business practices’.

Which are the areas where an average company finds it very difficult to match the best workplaces?

Employees surveyed in the Best Companies report significantly more positive experience compared to the rest in the following areas:

Special and unique benefits
At Salesforce, primary caregivers can take 26 weeks paid time off and secondary caregivers can take 12 weeks paid time off to bond with their new baby or the adopted child, at 80% of their on-target earnings (OTE) – including base salary, commissions, and bonus.

Titan Sethu is a paid apprenticeship programme, with a combination of on the job and personality development related learning inputs, aimed at making the children of Titan employees job ready.

Fair gain-sharing
SC Johnson Products Pvt Ltd takes pride in sharing profits with all employees, irrespective of tenure. The quantum of amount shared is based on employees’ performance and job level. All the new joiners who have served for less than 6 months in a financial year are paid token profit share. SC Johnson has been following the practice of profit sharing consistently for 99 years.

Ujjivan Small Finance Bank offers Employee Stock Options to the eligible employees based on their performance and tenure in the organisation. The stock options are granted to all eligible employees across the board regardless of their grade or level in the organisation, be it a driver or a national-level manager. An ESOP online portal is also available for easy access by the employees.


Collaboration at work strengthened by a consultative culture of decision making

The Great Place to Work Ambassador Programme at Intuit India aims at taking the organisation to the next phase of awesomeness, by inviting passionate employee volunteers who would champion Intuit’s transformation journey by inspiring more and more colleagues to share their feedback and be the voice of change; sharing and cross-pollinating best practices across key people themes from their own teams for their Great Place to Work Culture story.

The apex leadership at Aditya Birla Sun Life AMC shared the company Budget Document with all employees and received 600 overall reflections. There was a surprise gift for all those who gave feedback on the Budget document. Some of the reflections may be included in the coming year’s business plan.

Impartiality of managers and absence of politicking
Adobe’s Grievances Redressal by Expert Resources Programme creates awareness among all employees through a workshop series covering all employees. Sessions are designed for the Managers and Individual Contributors on workplace conduct.

Fun @ work
Mahindra Adventure a fun and adventure programme of Mahindra & Mahindra Automotive & Farm Equipment Sectors gives employees a chance to explore and test out the off-road capabilities of Mahindra vehicles. With a series of popular off-roading events, the Great Escape, and several Adventure Challenges & multi-Day Escapes, the Company delivers its promise of providing adrenalin-pumping challenges.

At Hardcastle Restaurants (McDonald’s), an entire week is celebrated as Thanks-Giving week as a part of which employees and their families are not only thanked for their contributions but one of the days is a role reversal day at the stores when all the Crew Members are Managers and all Managers become Crew Members. The other days of the week are filled with celebrations, gifts, competitions etc.

Equal recognition opportunities for all
At Oberoi Hotels, all employees who find a mention in the Leading Quality Assurance (LQA) reports for delivering exceptional service and adhering to the service standards, are awarded the title ‘LQA Champ’. LQA is an independent agency that carries our mystery audits in hotels by posing as regular customers.

The study finds that 100 Best Companies drive superior quality of employee experience across all the above areas, resulting in a High-Trust, High-Performance CultureTM .

This is affirmed by an independent research by RSM International which finds that the publicly traded stocks of Best Workplaces in India give returns which are at least 4 times that of other market indices such as BSE Sensex and Nifty 50.

There are sharp contrasts between the Best and the Rest with respect to positive employee experience across several key indicators such as discretionary effort, intent to stay in the organisation, vision and purpose articulated by the management and Brand Advocacy.

Based on the quality of employee experience reported by employees, there is a spectrum on which different industries find a place, in this year’s study.

Interestingly what this study also finds is that quality of employee experience reported by employees across all of the below industries on a singular element of ‘Impartiality of managers’ can actually be a proxy for the overall trend on employee experience.

With respect to factors that drive positive employee experience, the study found some common trends running across most industries, viz. fair performance evaluation, opportunities for career growth and stressfree work environment. However, there are unique trends that we observe in some of the key industries .

While the GDP is slowing down the world over, India is one of the few exceptions. Globally, with the convergence of technologies in three key areas, namely, communication, energy and mobility & logistics, that fundamentally change the way we organise, power and move our economic lives, there is going to be significant disruption experienced by Indian industry, particularly those that are directly within this ambit. Some of them despite being on the cusp of disruption and imminent radical transformation, seem to be holding out. With the gender ratio in Indian industry being largely out of balance, 79%(M):21%(W), there is significant scope to use the energies and skills of women, to ride the wave of economic success in India’s growth story. While businesses are transforming customer experience from moments to journeys, they would do well in designing journeys for their employees, consistently striving to deliver a positive employee experience.

Basuri Dutta is vice-president – Great Place to Work® Institute and Aniruddha Kulkarni is project manager – Great Place to Work® Institute

Credit: Economic Times | https://economictimes.indiatimes.com/jobs/indias-best-companies-to-work-for-and-why/articleshow/64822862.cms

By JFY Content Team

First job? Here are tips to prepare for day one in office

As the first impression is the last impression, it’s very important for every new joinee to give their best. The first job is always challenging, yet overwhelming, and prepares an individual for the new role.

After acing a tough job interview, it’s time to prepare for your first job. As the first-day approaches, one may feel a bit nervous and hesitant. Working in a company as a fresher can be an incredible learning experience. The first job is a stepping stone for every individual’s career. As the first impression is the last impression, it’s very important for every new joinee to give their best. The first job is always challenging, yet overwhelming, and prepares an individual for the new role.

It is like an adventure, where an individual inculcates new skill-set, which helps to build confidence. One must be polite and should be respectful towards their co-workers and should maintain a good relationship with them. This will help in building up one’s reputation. As a new joinee, try to volunteer for new projects which help an individual to get an insight of the new position.

Never forget to give credit and always thank people when needed. For every individual, the first job is a learning experience. There are certain tips that every individual should adhere to, to make it a memorable journey.

Planning an outfit for the office

An individual is usually judged by the way they dress-up. It’s important to be aware of the HR policies and the dress code, followed by the organization. Business casuals are very prevalent these days as some companies preach on having a relaxed atmosphere. However, some basic professional attire must still be maintained. Planning the most appropriate outfit for the first job is important and selection of attire should be given more priority and contemplation.

Arriving office on time

One must try to reach office fifteen minutes prior to the designated time to avoid any unforeseen events on the way. Prior to the first day at work, it’s better to practice the commute a couple of times during peak hours, to check traffic snarls and the real-time taken to reach office. Always have an alternate itinerary ready, which might be helpful in case an individual is stuck in traffic. Individual must plan their office route and should search online maps to select the best route, before leaving their house.

Prerequisite check

It’s always better to create a checklist the night before, instead of leaving anything for the morning, as it might create a panic situation. Create a checklist that can be followed on a regular basis, which helps an individual to remain calm and composed. Planning a prerequisite check on office essentials can prevent morning chaos. One must plan their outfit and pack their purse the night before, so as to avoid any turmoil.

Inculcate the best practice

While trying to make a good first impression, don’t forget to observe the workplace and seniors. One should be an efficient observer and listener in order to understand the workplace and their new role. Observe the performers and try to inculcate the best practices to achieve the pinnacle of success.

Conclusion

First job is definitely a milestone in one’s career, so anything related to it is very special. After clearing the test and cracking the interview, it’s time to get ready for the first job, so that an individual can walk in with confidence and can make a good impression. A due-diligence search on the company and one’s job profile boosts one’s confidence. Following these guidelines can make their first job a worthwhile experience for an individual, which in turn help them to achieve their milestone of success.

 

Credit: Indian Express

Inputs from Ashish agarwal, Founder, WORKNRBY

By JFY Content Team

Get Your Dream Job With These 12 Resume Tips

We all want to land our dream job and have a career that interests us and that we love going into each day. The first step to this is your resume. So, here are 12 tips to improve it and set you up on the road to success.

1. Grab The Recruiter’s Attention

The first few sentences of your resume need to make a good impression on a potential recruiter. Use strong words, highlight the most relevant details or achievements, and think about which qualities need to be demonstrated in the industry you are interested in.

2. Write A Strong Summary

 Your summary should be short and straight to the point. Explain how your unique skills, talents, and experiences will translate into the things the recruiter is looking for.

You can write a few sentences at the top of your resume, or use bullet points. This is where your most important qualifications should be highlighted.

3. Customize Your Resume

Don’t send out the same resume for every position you apply to. Take the time to customize your summary to address the skills the recruiter is likely to look for. You might also need to make a few changes to the rest of your resume, for instance to draw attention to a previous work experience that is particularly relevant to the position you are going after.

4. Use Keywords

 Read the job description carefully and look for the keywords used by the recruiter. Some employers use software to automatically scan resumes for these keywords, while others will read resumes and expect to find these keywords. Using the same keywords as a potential employer shows you have the right skills for the job, and shows you’re speaking the employer’s language and will fit right in.

5. Skip The Objectives

Stating what your professional goals and objectives are is not relevant in most situations. Most professional resume writers suggest you use this space for other valuable information. Focus on showing employers what you can do for them, and talk about your objectives during the job interview if the recruiter asks questions.

6. Keep It Short

Your resume shouldn’t be more than two pages long. You will only need one page if you have limited work experience. Your list of relevant skills and the description of your most recent or most relevant positions should take up the most space on your resume.

7. Stand Out From The Rest

Don’t limit yourself to listing previous job responsibilities. Recruiters aren’t looking for job descriptions. They want to find out about the skills you developed thanks to previous work experiences and about your achievements. Tell recruiters how you excelled in your previous positions.

8. Use Numbers When You Can

If you can, add some numbers to show recruiters what kind of difference you made. Talk about sales numbers, conversion rates, or about how much money you helped a previous employer save.

9. References Are Available Upon Request

There is no need to list your references on your resume. Add a single line to let a recruiter know you can share this information if needed.

10. Your Personality Is Important

Your resume should give recruiters the impression that you are an interesting and dynamic person. There is no need to talk about personality traits but look for ways to make your personality shine through when a recruiter looks at your resume. You could mention volunteer activities, or hobbies as long as they demonstrate that you possess certain skills.

11. Get Some Feedback

Have a friend look at your resume and ask for an honest opinion. Your friend might be able to spot mistakes you missed and will tell you whether or not they would consider calling you to schedule a job interview if they received this resume.

12. Don’t Forget To Proofread

Spelling and grammar mistakes won’t make a good impression on a potential employer. You might not notice mistakes until you go back to your resume later. You should also pay attention to the presentation. Make sure everything is consistent, properly aligned, and easy to read.

By JFY Content Team

Skill development in India: Training to be a better economy

Globalisation and the Fourth Industrial Revolution have increased the pace of change in labour markets, putting a premium on right skills and adaptability. Public policies should now shift to empowering and enabling workers to cope with transition, via income support, and also support incentives and opportunities for deskilling and upgrading skills. This is critical for addressing job displacement. Unemployment is a global problem with more than 73 million youth unemployed worldwide. In India, the unemployment rate among youth is almost 13 percent (compared to 4.9 percent overall). Underemployment is even higher. Given the kind of opportunities available in the country, it is disheartening to note these dismal figures. The missing link here is skill development, which is the key ingredient to robust economic growth. With the dilutions of the old “iron bowl” of employment protection, the idea of lifelong secure employment has now been shattered.

A game of education and skills

Until the 1980s, about 70 percent of income went to labour income and 30 percent to capital income. However, since then, the share of income going to labour has fallen. Half of this decline is the result of cheaper information technology, which has enabled firms to replace workers with computers. Education and skills are what normally comprise human capital. While educational qualifications are essential for entering the labour market, it is the skills that will finally determine one’s employability quotient. Young people desperately search for entry-level jobs while employers, ironically, are unable to find people with the right skills. Retooling education for the modern economy will require the involvement of every sector of society.

The imperative for skilling young people is well-recognised and has been flagged as a national priority for almost a decade, with significant initiatives being launched by the government. The sad part is that only 10 percent of the total workforce in the country receives some kind of skill training. For instance, 4.69 percent of India’s workforce is formally skilled, as against 52 percent in the US, 68 percent in the UK, 75 percent in Germany, 80 percent in Japan, and 96 percent in South Korea. In fellow emerging economies like China, skilled workers account for 24 per cent of the workforce.

India can reap massively from its youth

India is poised to become the youngest country in the world by 2020, with an average age of 29 years. Its 869 million strong workforce accounts for around 28 percent of the world’s workforce. Although India’s huge demographic dividend is considered to be one of its strengths, our optimism needs to be moderated. If the youth are not skilled and face unemployment challenges, they might turn out to be liabilities rather than assets.

India faces a huge skill development challenge. It is estimated that around 50 to 70 million jobs will be created in India over the next five years and about 75 to 90 percent of these will require some vocational training. For India’s demographic transformation to be considered a “dividend”, the youth will need to acquire necessary knowledge and skills to contribute towards nation-building or else it will turn into a demographic disaster.

A focus on skill development

Skill development will help prospective employees get easier access to the formal job market where they can bargain for higher incomes, work under more congenial labour conditions, have greater job security and better access to healthcare and medical facilities. Considering the fact that the academic curriculum is more or less similar across universities and colleges, graduates from tier II and tier III towns typically lose out due to a severe lack of exposure and soft skills in the race for employment.

By deploying its corporate and social responsibility (CSR) capital on skill development projects, the private sector also stands to benefit enormously from the availability of a large skilled and disciplined workforce. This can parlay into better levels of customer service, increased productivity and efficiency, reduced absenteeism and employee turnover, along with lower wages and recruitment costs.

Maybe another approach

The results of several such programmes have, however, been mixed. Programmes have reported high dropout rates, low employment percentages and continued attrition post-placement, leading to dissatisfied employers as well as frustrated youth. Providing “skill-training and certification” alone cannot be a solution to the problem. There is clearly a case for going back to the drawing board.

Adopting a lifecycle approach to skilling will make sure the kind of skills imparted to trainees are marketable and linked to the available jobs. A lifecycle approach looks at all aspects of skilling, from the aspirations of people before training to counselling and following up with beneficiaries during their employment. Skill development programmes incorporating these principles will ensure that the training guarantees livelihoods and contributes to the economic well-being of communities.

It is also important to ensure that specific skills are not scaled across multiple areas in the same region as it saturates the market with limited opportunities for those who are trained. If everyone is trained in becoming a blacksmith, there will be too many blacksmiths and not enough jobs. Imparting locally relevant skill sets like repairing bicycles or motorised two-wheelers, solar lamps, mobiles and running a poultry unit or small animal husbandry and the like makes families self-sustaining.

To this end, governments should boost investment in life-long learning to retrain, retool and deskill. For example, governments could use individual skill accounts to provide training grants throughout people’s working lives, conditional on stronger private sector involvement in training and skills development. Governments should also reinforce the supply of skills by strengthening incentives for educational institutions to harness the power of digital technology and new business models.

Four valuable lessons

Four lessons stand out from experience with skill development programmes which redefine the economics of skilling. First, investment for skilling needs to be comprehensive; covering not only the training itself but also screening, matching, and mentoring. Learning from those who have been “through the grind” ensures that the insights are better. Second, programmes need to have measurable outcomes for the person seeking a job that will encourage other young people to get involved. Third, there should be a close link between skilling and business profitability that should stimulate employers to hire skilled people and finally, they should shift the measure for the efficacy of skilling from cost (and occasionally placement rates) to a broader metric, measuring social return on this investment. It may not have direct tangible benefits but the employers can leverage them for boosting their brand, and thereby enhance market penetration.

In an age of skyrocketing unemployment, it is integral to incorporate skills within the education system. A system that integrates skills and education can go a long way in ensuring that the youth are better equipped to handle a challenging employment market. Employers need to interact with education providers. Both can benefit from strong reciprocal relations, with employers advising educators what skills they need (and even assisting in designing curricula and extending faculty support) and educators providing students with practical training and hands-on learning. There are compelling economic benefits of rebalancing the labour market; the human costs of failing to do will be enormous.

Towards a system of vocational skills

There are hundreds of organisations and agencies engaged in honing vocational skills and promoting entrepreneurship. While these successful efforts demonstrate the critical roles that employers and social sector actors play in the development of a healthy workforce, they are not able to achieve system-wide change. Businesses, educators, governments and young people need to adopt a collective approach and synergise their latent strengths. Closing the skills gap requires that educators and employers work together more closely.

We require a more coordinated and collective impact approach from the various stakeholders if we want to enlarge the network of training programmes and ensure that training is closely aligned with specific demands of the industry. It would require developing a clear common agenda around the entire ecosystem of workforce training.

Credit: Qrius.com | Moin Qazi

By JFY Content Team

For IT Professionals, Here Are 5 Tips To Make Your Resume Stand Out

On an average, hiring managers spend just six seconds vetting a resume. Here’s how you can make your resume stand out.

Make your resume stand out with these helpful tips

India’s IT sector has faced a slowdown in recent times. With hiring activity down, while potential candidates increase, recruiters are spending less time vetting resumes. On an average, hiring managers to spend just six seconds going over a resume, Simplilearn, an online professional education portal said. According to Monster.com, almost 75 percent of the resumes they receive in a week are rejected by hiring companies because of a weak resume, irrelevant experience, or for falsified information.

While one must hone their professional skills, a well-written resume which showcases the candidate’s skills and captures the attention of the recruiter is an important first step to getting a great job.

Here are some simple tips according to Simplilearn which will make your resume stand out:

According to Dr. John Sullivan, a renowned Human Resource (HR) specialist, two of the most important sections in any resume are your job title and the organizations that you have worked with. Companies also use Applicant Tracking Systems for initial screening. Thus it is important to use the right keywords in your resume.

Remember that the one-size-fits-all approach does not work. Customize your resume to highlight the skills which best correspond to the job description. In addition, go through the job description to identify the keywords used, and incorporate them prudently to ensure that your resume is selected during the ATS scan, Simplilearn said.
Emphasize your soft skills. It is important to package your soft skills when adding them to your resume. For example, if you want to showcase your ability to work under pressure, a sentence that reads “Preferred team member to go the extra mile during last-minute situations” works better than “Can handle pressure.”

Keep a section for awards you have won and the certifications that you have gained. Remember to include your career highlights while drafting your resume. Include statistics or measurable results to back up your achievements.

Relevant online presence: According to one study, 96 percent of recruiters use social media to look for qualified candidates, and LinkedIn tops the preferred social hiring tools list. That means that your LinkedIn profile should be updated. A formal profile picture, some good recommendations, and value-added work experience are the essential requisites of a good LinkedIn profile.

Credit: NDTV

By JFY Content Team

Your next job interview may be over the phone – here’s how to prepare

When most of us think about job interviews, we often think about what we’d wear, how we’d present ourselves and the firmness of our handshake. But the truth is not all interviews involve meeting a potential employer in person, but rather over-the-phone.

“Many companies use phone interviews to screen candidates for the next round of interviews,” says Paul Wolfe, senior vice president of human resources at Indeed Canada. “For some companies, phone interviews may also be the best way to interview out-of-town candidates and for remote positions, a phone interview could be the only interview format possible.”

And according to Angela Payne, general manager of Monster Canada, phone interviews are popular because they’re an efficient and easy way to gauge the first impression of a potential new employee.

Preparing for a phone interview is much like preparing for in-person interviews, Wolfe says. But with this format, the focus is less on your appearance and more on your delivery.

“Remember that this will be a brief interview, so practice keeping your answers short and on topic,” Wolfe says. “Unlike in-person interviews, the interviewer cannot see body language or facial expressions, so your intonation, voice, and responses need to convey your energy and enthusiasm for the role.”

“In terms of delivery, your voice is your number one asset,” Payne adds. “Make sure your voice is steady and confident and you’re speaking at a clear pace.”

These types of interviews may also include more surface-level questions about the job you’re applying for, Payne says. So if you anticipate a short interview, prepare to get your key points across early.

So to help you prepare for your impending phone interview, Wolfe and Payne offer some tips to help you either move onto the next round of the process and/or land that job.

1. Take the call from a landline and in a quiet place

Landlines provide the best quality in terms of hearing the person on the other end, Payne says. You’re less likely to have to deal with any technical issues. But if you don’t have a landline, at least find a quiet and open space so that your cell signal is clear and there aren’t any noises in the background.

2. Treat a phone interview as an in-person interview

Phone interviews may seem less formal, but they are just as important as in-person interviews, Wolfe says, so be sure to prepare in advance and do your research.

Also, remember this is likely to be your first impression on a potential employer, Payne adds. So communicate and follow up just as you would with a regular interview.

3. Dress accordingly

“Although your employer won’t see what you look like, getting cleaned up will help you get in the right frame of mind, just like you would in the workplace,” Payne says.

4. Write down or highlight the skills the job description calls for

As you prepare, take note of the phrases and terms you might want to use in your responses, Wolfe suggests.

So if a position you’re applying for calls for data-driven problem solving, expect to be asked about your analytical skills, and make sure to include specific examples in your career that apply.

5. Prepare your answers to key questions

You may be asked important questions like, “Why do you want to leave your current job?” or “Are you willing to relocate for this position?” Wolfe points out.

“Think about these types of questions in advance and be prepared to talk through your experience and why you think you’re the best fit for the role.”

6. Stand up while speaking and make sure to smile

“Research has shown that you project your voice better when you’re standing up,” Payne says. “You’ll find yourself feeling a little more confident and knowledgeable too.”

And don’t forget to smile while speaking, she adds.

“Smiles are heard through your voice even though they can’t be seen,” Payne says.

7. Have you résumé, cover letter and company information in front of you

Without a doubt, you will be asked about the experience listed on your résumé, Payne says, so make sure you have the details in front of you so you don’t stumble or leave anything out.

And don’t forget to research the company, Wolfe says.

“If you haven’t already, it is crucial that you research the company before your interview,” Wolfe advises. “It’s important to consider and highlight why you think the company you’re applying to is a good fit for you.”

8. Ask questions

Like you would for an in-person interview, prepare two to three questions you want to ask the hiring manager about the company and role, Wolfe says. This will show the recruiter your level of interest in the position and it will help determine if the company and job are a right fit for you.

 

Credit: Global News

By JFY Content Team

So you want to become a financial analyst?

If you have a head for numbers, you might want to pursue a career as a financial analyst. These professionals track stocks, bonds, equities, and other financial instruments and make recommendations based on their research. They often work for banks, investment houses, stock brokerages, insurance agencies, and similar institutions. If you prioritize education, you can create a lucrative career in this industry, particularly if you enjoy high-risk, high-reward situations.

Learning how to become a financial analyst is the first step toward building that future. Although you can take many routes to a job in financial analysis, you’ll enjoy more success if you know what potential employers will look for and how they choose the best candidates for open positions.

What Does a Financial Analyst Do?

Responsibilities

A financial analyst job description will vary depending on the employer. For instance, insurance companies have different needs than an investment bank. Some financial analysts make recommendations for private, in-house funds. In other words, your buying and selling suggestions are based on your employer’s potential gains from those activities and may deal with stocks, bonds, or other securities. However, financial analysts can also work for publications and businesses that make public recommendations.

Outside of investments, some financial analysts make observations and recommendations for a company’s solvency. By analyzing financial documents and the current market, the analyst can help the business make critical decisions in terms of merchandising, budgeting, and forecasting.

Some of your key responsibilities as an investment financial analyst may include:

  • Reading major publications to gather information about the current economic climate
  • Understanding and tracking both the macro- and micro-economy
  • Creating buy-side or sell-side recommendations for investments (e.g. to buy, strong buy, sell, strong sell, or hold)
  • Meeting with C-level executives and management teams to discuss investment strategies
  • Generating revenue by facilitating trades
  • Seeking information from third parties about the health or future of an investment vehicle
  • Executing trades on behalf of the employer or third parties, depending on the position
  • Inventing creative and lucrative approaches to buy-sell strategies
  • Becoming an expert on a particular sector or industry for investment purposes

Financial analysts who advise major corporations, nonprofits, and other entities have a different set of job responsibilities, which might involve:

  • Maximizing the cost of operations for a firm by analyzing the market and the business’s needs
  • Maintaining extensive databases on a company’s financial records for fast visualization and comparison
  • Identifying areas where the firm could save money or generate additional profit
  • Creating detailed financial models for analysis and comparison
  • Preparing financial reports for executives and stockholders
  • Seeking trends in the market and moving to capitalize on them
  • Coordinating with a firm’s finance department or finance consultant to ensure cooperation
  • Comparing forecasted financial reports with actual reports to locate inconsistencies

Work Environment

Financial analysts bear tremendous responsibility for the financial performance of an investment or corporate firm. Consequently, this is a high-stress job that requires fast decision making and utmost confidence. Most financial analysts work in typical corporate offices. They often spend considerable time on the phone calling experts, other analysts, and prospective trading partners.

Some financial analysts also travel to meet with investment bankers, C-level executives, and other professionals in the industry. 

Schedule

Approximately one-third of financial analysts work more than 40 hours every week. Additionally, many analysts must take their work home with them, often to research information and data that can help them on subsequent business days.

What Qualifications Are Required to Be a Financial Analyst?

Education

A financial analyst needs a minimum of a bachelor’s degree — preferably in a finance-related major, such as accounting, statistics, or economics. Analysts who want to enjoy greater opportunities for jobs and salaries might consider pursuing a master’s degree in finance or a Master’s of Business Administration (MBA). Advanced education makes these professionals more appealing to potential employers.

Additionally, many employers only hire financial analysts who have certifications from the ICAI – The Institute of Chartered Accountants of India. There are several programs designed to prepare analysts for the challenges they will face in the workplace. 

Experience

Many financial analysts find employment as soon as they graduate from an MBA or CFA program. According to Bloomberg, about 16 percent of managing directors at banks hold MBA degrees, while only 7 percent have CFA designations. The right educational path will depend on the job you intend to pursue.

However, you shouldn’t need any experience outside of your education. As you gain traction in the industry, you’ll enjoy increased salary potential, and you might get the chance to move up the corporate ladder, whether you have your eye on a coveted consultancy position.

 

Skills

Financial analysts need a wide range of skill sets to compete effectively in this industry. They might include:

  • Financial modeling: Financial analysts must represent finance issues in modeling form, such as through the Sortino Ratio or similar models.
  • Financial analysis: Most analysts are tasked with breaking down complex financial issues into simpler components to better understand how they interrelate.
  • Data analysis: Much of this profession has moved into digital data, which means analysts must know how to read and interpret copious amounts of data, then distill it into actionable conclusions.
  • Marketing skills: A financial analyst must know how to convince others to follow his or her recommendations, whether they’re made to the CFO of an organization or a group of investment bankers.
  • ERP (enterprise resource planning) systems: Financial analysts have to use ERPs for managing and automating finance-related tasks on the back end of a business.
  • Strategic thinking: Many financial analysts have to think through complex problems or situations and derive creative solutions for maximizing profit and improving market share.
  • Decision-making: A financial analyst often serves as the decision-maker in a firm for buying, selling, and holding securities, as well as serving a company’s finances.
  • Math skills: Financial analysts must think quickly on their feet, which often means performing complex equations in their heads or calculating extensive financial projections on paper.
  • Attention to detail: If a financial analyst makes a mistake, he or she can lose significant money for his or her employer. Consequently, all financial analysts have to pay attention to the smallest details in financial reports and models.

 

 

Career Trajectory

A financial analyst’s future depends largely on his or her ambitions. Some analysts continue to work the same jobs for their entire careers, managing funds or selling trading opportunities on the sell-side. Others rise to the C-suite, becoming chief financial officers, chief operating officers, or controllers. They also sometimes manage finance departments in major corporations, directing activities like buying and selling assets, creating financial forecasts, and making strategic investments.

Financial analysts can also find career opportunities in consulting. This broadens their income opportunities and allows them to work for themselves rather than for other people. They might consult with firms on a project basis or maintain full-time commitments, depending on the situation.

A career as a financial analyst offers financial security, as well as an exciting opportunity to shape the finance industry. If you’re thinking about this career for your future, obtain the necessary education and start searching for lucrative financial analyst jobs.

By JFY Content Team

India’s MBA crisis: Why fresh graduates are not getting jobs

After economic liberalisation in 1991 started unshackling the private sector, demand for MBAs shot up. Companies were willing to pay the top dollar to this new breed of executives who were seen as wunderkinds capable of putting family-held, traditional businesses on fast track. Management became a sought-after career for students and MBA the key to success in life. The three-letter acronym spelled money as well as status.

And even those who managed to get into B- or C-grade business schools could rest assured that they have made it in life. Old, geriatric tycoons hired 20-something MBAs at gargantuan salaries, installed them at the top of their companies and genuflected before them to seek business wisdom.

After more than two decades, the degree is losing its prestige.

In 2016-17, more than half of MBA graduates could not get hired in campus placements, data by All India Council for Technical Education (AICTE) shows. Just 47% of MBAs were placed, 4% less than the previous year, and at a five-year low. The drop in placements for postgraduate diploma holders was even bigger at 12%. The numbers do not include graduates from the elite Indian Institutes of Management (IIMs) which are not affiliated to AICTE.

There is a glut of MBAs in India. Out of nearly 5,000 management institutes across the country, about 200,000 students passed out in 2016-17. Add to that an overall jobs crisis in the country.

But the biggest reason behind the decline in job offers to MBAs is the outdated curriculum.

Excluding graduates from top 20 colleges, only 7% of MBA students from Indian business schools got jobs immediately after the completion of the course, an ASSOCHAM report said last year. The report found lack of quality control and infrastructure, low-paying jobs through campus placement and poor faculty as the major reasons for India’s unfolding B-school disaster.

Even engineering colleges face the same challenges. A few years ago, a McKinsey report said just a quarter of engineers in India were actually employable. Of late, some other studies put it at less than 20%. Recently, a survey by employability assessment firm Aspiring Minds said 95% of Indian engineers can’t code.

The AICTE has said it is taking steps to update and revise management as well as engineering curriculum so that the colleges produce job-ready graduates.

India’s employability crisis is all the more serious because the majority of Indian population is young. Increasing number of jobless youths is a big challenge India faces even as private investment is down and job creation is slow.

Credit: ET Today

By JFY Content Team

5 Expert Tips for Interview Success

Based on current Bureau of Labor Statistics research that shows average job tenure in 2016 was a little over four years. Companies often conduct two or more interviews of a potential candidate before deciding to hire them. This means, at best, most of us must interview at least 20 (and likely 30 to 40) more times before we retire. Like it or not, acing the interview is a must for long-term career growth. Here are five tips for interview success:

1. Dress to gain trust and command respect. In her book “Presence,” Harvard professor and social psychologist Amy Cuddy reports that humans are judged on two primary factors – trustworthiness and respectability. Creating an ideal image does not require expensive outfits. It means selecting clothing, accessories, makeup and a hairstyle that command respect in your targeted industry. To portray this image, you have to think about the fit of the clothes, make sure they are wrinkle- and stain-free, look modern and are both age- and profession-appropriate.

2. Show up in the office five minutes before your appointment time. Although that sentence looks simple enough, it has two powerful and often overlooked components: “in the office” and “five minutes.” This does not mean park five minutes before the interview or get in the building security line with five minutes to spare. It means walk through the office or suite door five minutes before your appointment.

While it is clear why running late or cutting it close are not good strategies, the same goes for walking into the office more than five minutes early. Not every company has a huge lobby or waiting area. Arriving too early may mean that you are staring at the person who will interview you and have now obligated him or her to start your meeting earlier than planned.

If you arrive earlier than intended, hang outside the building or even in the bathroom before your ideal time. The extra few minutes will give you time to prepare and ensure that you don’t impose on your interviewer.

3. Arrive prepared. Bring a pen, notebook or portfolio with paper, several resume copies and a list of questions you would like to ask the interviewer. Many interviews start first with a request for your resume. Removing a neat, unfolded version from your notebook is an excellent first step.

Next, all interviewers like to know that they have said something useful enough for you to write it down. Jot notes throughout the meeting, no matter how positive you are that you will remember everything. Writing not only tells the interviewer you value her input, but it also gives both of you a break from staring at one another. Furthermore, it can give you a chance to glance at the notes you prepared before the meeting regarding key strengths you want to reference or questions you want to ask.

Finally, remember to look up at least as much as you look at the paper. Writing notes is important, but active eye contact tells the hiring authority you are paying attention.

4. Select real-life examples that display key hiring traits. One of the biggest complaints made by hiring managers is when a candidate seems “all talk.” Candidates who prove they have the desired skills fair better in the interview process. Identify the top desired traits for a role and prepare examples that clearly demonstrate your experience and abilities.

5. Have a conversation. The best interviews are a give and take. Come prepared to discuss the company, the role, your background, current trends in the industry, the reason for the opening and any recent business events that may impact the interviewer, role, company or industry. Companies want to hire engaged employees who have taken the time to learn about the company and role for which they are applying.

Without this critical preparation, most interviews are merely one-sided exchanges in which the interviewer asks questions and the candidate responds to the question but cannot expand beyond it. The ability to have fluid conversation conveys preparation, intelligence, people skills, active listening and a commitment to your career. Don’t miss out on the opportunity to display these traits in the meeting.

Interview success is more about how the interviewer feels about you than about how well you can do the job. That is not to say that you don’t need to be qualified – you do need to be in the ballpark. However, many highly qualified people get rejected because they do not clearly convey how they are an ideal (and likable) match for the role. While it is important to display your business qualifications, it is even more important to create the right impression.

Securing an interview is a significant accomplishment. Make the most of the opportunity by factoring in these tips for an instant boost in your next interview.

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