Harsh Reality of Corporate Job in 30s - Will Your career Suffer as You Age? | Layoffs 2024
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Due to same reasons people around my age group of 28-32 years are thinking 100s of times whether to get married or not.
True I don't want to get married, don't like to take on family burden, and even matrimonial laws are against men
Sure, survival of the fittest at work ,
I can be a perfect example of this. I was married for 4 yrs and had around 7 yrs of IT experience ( I am a guy and was 30 when married and now 39 just to clear the air) . Trust me life was hell in a relationship and it was like I was a machine of responsibility and not having any freedom to live myself. Constantly pressurized at work and not giving time to myself eventually was a path heading for losing health. Today I am divorced bcoz those unrealistic expectations were anyhow was about to collapse. I went in depression for 2 yrs and from past 2 yrs I m doing exactly what I always wanted to live. I have freedom, time, health, no stress of responsibility. Absolutely no regret of getting separated. It's like I got my bachelor days back. Only drawback will be be you should cope up with loneliness and enjoy your own company. If u keep expectations low from others then those days will ve the best. I am today financially settled post my separarion it's now 5 yrs.
I am in my 30 and have decided not to marry and stay single. We all have limited time on this planet. I am from rural area and don't want to suffer in
City by paying rent and emi throughout my life.
@@pavanaradhymath6954 Please don't worry about matrimonial laws, you hv to find a good partner who can be your good friend. Try and try you will definitely succeed. Wish you all the best.
I am 35 and i own a house by the grace of AlMIGHTY, currently working in a MNC and I have seen the new generation who are coming up are more talented and have more knowledge than what we have, so now I understood it's very necessary to take up new task to keep yourself relevant in the organization.
*please refer me in any company if you have any connection.....I have done MCA 2024 and currently looking for job in banglore but not get any response....please refer me as an entry level*
1. Not taking Social Pressure in Buying liabilities like (Home, Cars…etc)
2. Earn as Much as u can, Save as soon as u can to handle any un certain situation which will also give us lot of confidence
3. Having more than one income & limit all expenditures to only one income
4. Market is very big u can do research and find a role or job that suits your preferences towards maintaining work life balance, sometimes switching from service to product or Start up to MNC’s and Vice Versa…
India needs strict labour laws in favour of employees.. sacrificing health, family, social life everything for earning & then on sudden, lay offs. 8am to night 1am is inhuman
But why is no party mentioning it in their election manifesto?
@@AlokKumar-fh9gythey don't want to solve the problems, do they? Political parties don't exist for us, common people, sadly. They have agendas to basically divide and rule. The whole system is made to enslave us to work, get just enough money to survive, stay under constant debt, be it for housing, cars, education etc. Nobody at the top wants to solve problems bcz it will make them less dominant over people.
Bro the opposite is happening , these companies are in india because of cheap labour laws
How much will we upskill ourselves. It is a never ending process and roi is almost zero as experience increases. The more we try ro upskill, the more is the instability in our job. With unstable job , it is not possible to plan the future like marriage, kids or buying a house. We end up in a rat race.
One way to move out is to save sufficient money and start something on your own , not necessarily close to your qualifications.
The issue is schools and colleges influence us towards work / become employee. But no institution teaches us how to convert the knowledge we have to money. We assume salary is the only way to make money. By the time we realise this does not work, we are too old to change our current path.
It is not straightforward to monetize our strengths. However, with the right process and iterations. I would be happy to share whatever has helped me.
@@gautamsrikrishna plz do
Pls do@@gautamsrikrishna
@@gautamsrikrishnabeing an eighteen I want to start my own any suggestions?
That’s a good suggestion. But very few businesses will work. So yes it’s not a solution. The solution is to have insane generational wealth lol, sad but true
The unemployment problem is due to a few factors no one is taking about. First problem is due to women force getting into the job market. This has doubled up the numbers compared to a time decades ago when mostly men were there in the job market and women were homemakers. Obviously companies don’t create jobs to include this change in dynamics. Second reason is that divorce and rate of separation are very high and people are remaining single forcing every individual looking for a job again as compared to one person being the bread winner in the family decades back. The social changes lead by divorces, women liberation, empowerment, diversity, all these narratives have created this bubble. Third reason is that every one wants job and be a consumer rather than a producer or a farmer. Traditionally the economies were rural and people were in a large way self sufficient. Therefore, the main reasons are greed, laziness, glamour, etc. Fourth reason is corporations are extremely greedy and have accumulated immense wealth and are not putting the money into circulation. The money is circulating amongst the corporations, politicians, criminals and the media and is largely accumulated and not being utilised. Leaving the rest of the population gaping for breath
Well said job seekers being more is crux of issue
Perfect analysis
Damn i am reading all comments and this one makes perfect sense
@@mohammadabbasabidi I wrote a book titled “Social Pandemic” in 2022, that covers many problems the world is facing. In fact recently I posted something similar on LinkedIn and they removed the comment saying it’s hate speech
Absolutely perfect
"Buying a property in metros is life time risk "
Never ending cycle of home loans will haunt!!!
Rather " invest in education "
It's my personal belief!
Its not that straight forward. The rents are increasing 20% per annum in metros. Already rents are nearing 50K pm. Within 5 years it will touch 70-80k easily. One can buy the home and later sell it out. But again it depends upon how much liquidity you gave for initial payment.
@@SoumendraBagh it all depends upon demand and supply, if demand will be less, rent will also be less.
@@SoumendraBagh yes but we have a option of much liquid asset such as a passive index fund as compared to hard-to-sell asset and contain lot of unaccounted expenses such as maintenance (bigger house and bigger maintenance ) which usually unaccounted in our decision making.
@@pratapdas8116 somewhere ypu have to maintain a ratio between liquidity and volatility of market. Tangible assets like Gold and real estate are the last to hit the bottom in case of economic turmoil. And my original case, a real estate investment in a metro will always out perform a diverse stock portfolio in rate of growth, unless you stuck a jackpot stock.
@@KaranSharma-lm6eh Demands will never go down in long run of time. Everywhere except Kolkata, has never seen a drop in real estate value growth.
This is so relatable... Post covid their is an drastic shift in the overall company's culture. Due to WFH the boundary b/w personal & professional space has been destroyed. Office calls after 7-8pm are part of regular routine which getting extended by 3-4hrs. Apart from what seniors in team are expected to do development & management work in not just their team but across teams. And appraisals have become joke now. 10-30% of CTC they are blocking in variable component. Housing & renta have sky rocketed. Its becoming difficult to survive in IT industry.
You study four years, another two spend on getting experience. Work four, maybe five years. The next projects require experience in different tools. You're laid off with... What? Learn to plumbing?
😂😂😂😂
right, you'll probably not stayed unemployed doing plumbing
Exactly
@@ayansinha4039 ghr mai plumber ko bulaya vo 2 ghnta time ni lia le gya 1000 rupe
In our Apartment We have to take appointment of the plumber for him to visit. He is that busy and rich now 😂😂😂
No need to lose hope friends. Marriage is a blessing, provided you find a decent partner. There is no such thing as a perfect marriage. Current society and trends do not help, but you lose your time and chance as you grow old. Follow your heart, be honest, try to find happiness in little things, everything will be okay!
absolutely not mr
poor people must go liberal, no marriage only sex,spend money, take loans, enjoy life and socide once u r done with ur life....
this is happening in rich nations, india will see more intense form of such culture bcoz of much more lower incomes & lesser ways to progress...
its like better quit the war u cant win and find similar minded people and start a universe with them, a parallel system of living life in unconventional ways.....
@@shashanks631 whatever makes us happy right? I am with you. But my only problem is I have sisters, daughters and ladies in my family too. 🙏🏾
Joining this industry means living in recluse like a hermit, just give up everything and become a sacrificial lamb , helping the company grow , ignoring your personal health.
Only way Protect agents this things by making a IT Employee Union.
That would never happen
Lol. Not gonna happen. The entire country is not West Bengal.
Also this is business is one of meritocracy where blackmail doesn’t work.
@@VilkoxOnly For West Bengal India get freedom from British.
Only Bengal can think Freedom from them before that all think we are slaves of the British.
Nothing is possible bro take time all should change one day. Nothing is permanent
@@parvinderjitsingh5117 before freedom we also think we will never get freedom from British.
But it happens.
@@Vilkox 1st May Labour day is not a Day.
It's a protest against capitalism.
At the age of 44, working since 2002, married 18 years ago... Adapted that "Soft change" playing multiple roles at the same time from last decade. All of this video content is absolutely correct.
Think wisely about family, kids before investing huge capital for buying home.
It's true. Till 30s we are earning 30-35k. So job is stable. When we start earning high salary. There is no job stability and job security. I am going through same situation.
How much stable the data analyst/bta profile in Delloitee?
people in mid 30 realise the important of job stability and work life balance. none of the corporate jobs have it. in my org, a renowned 5k employees company they have increased the people kept in PIP from 5% to 15% so that they can indirectly layoff employees.
Only mid 30 realize ? U got to be kidding me.
Ever since I am 30 I have already started to realize the important of job stability. Now I am 33.
U don’t have to reach mid 30 to realize it. Am I right ? 😅😅
Unless you come from a wealthy family.
As soon as a person reaches 30 he should start to plan his future.
I am a 47 years working in bay area for past 20 years in IT, Got Layed off in Jan 2024 and its getting tough to find a job and feeling lot of uncertainty
Sir so sad to hear this, but i really want to know how are the job opportunities in IT after 40 ? Also what are the other alternative options you think if we got laid off and not getting the next job in 40s ?
why didn't you switch every couple of years instead of 20yr in same company???
@@hamzasayyed5380He has definitely earned a lot throughout his career but he means to say that job market isn't sparing anyone. If someone like him could get layed off then basically anyone could.
The only way to secure your future is to build your own business. I built and launched 2 apps in 2 months, even though I didn’t know how to code. Don’t look around to see what the majority is doing. Look at what the successful is doing and replicate that.
Did you start earning from those apps?
@@Prashant-ci7vs I built it for 0$ in 2 weeks, I reduced my risks so much that everything is profit for me. I broke even on launch day!
Are chutie overachiever sb tre jitne talented nhi hote
This is it. At some point you have to start a business. If not you, then your life partner should start a business. Depending on job solely is highly risky.
@@Prashant-ci7vs Yes, broke even on the 4th week...profitable since...people want to hear the opposite so they can justify their own laziness.
Well, Strength is to accept uncertainty as a norm. Live a non flamboyant life. Appreciate simplicity. Be ready to go to your hometown anytime , even if now you are enjoying the most cosmo life. Search happiness in small things.
it depends on person many a times living a flamboyant life feels like living and motivation to do more, a monotony is a great killer of motivation but it also depends on personality type some are humble and simpler, and some are flashy
@@pratapdas8116 it is a classic game of attachments. That's what make you fearful and sad of losing these things.
@@laxankpurohit1128 it cannot be so simple, humans are status driven machine no whatever what we say. we always compare ourselves to someone and moving back to hometown would be like accepting defeat, and our brain chemistry changes affecting our bodies and ability to produce testosterone. look up research like driving a sports car or just talking to women raises testosterone
There are black sheeps /chamcha in every company. They can work like 12 hours/15 hours per day since they don't have personal life. Neither they had girlfriend nor they will ever find one. Because of them other employees suffer a lot.
In the end universe balances everything out.
Correction 12-15 hours of work .. no 12-15 hours of staying in office to show managers. There is not much work to stretch 12-15 hours everyday
I worked 12 hours, had girlfriends, had some fruitful friendships at work... The key for me was focusing on one thing at a time. When I couldnt work, Id tell my boss that I am away for a while. Unfortunately I see ppl trying to do 3 things at once and mess up everything 😞
@@rachnatripathythat's the reality but no escape route
Lol, jealous much.
I am in my early 30s and have planned to pursue a Masters' degree in AI in Switzerland to gain insights that will help me drive my startup forward. I believe that it's never too late to learn and start something new. However, whether you can take the risk or not depends on your privileges. If you are single, you may have a chance to make such decisions, but if you have a family, it can be difficult.
Great talk. Very relevant at these times.
I’m watching it from Canada 🇨🇦 It’s all true here as well.Great insights brother.Thank you
I am just going start my career as a data scientist, it's a career shift, as he said, the volume of up skilling is increasing day by day. The companies are in survival mode, if an employee is not up skilling, they will fire irrespective of the amount of experience they have.
Excellent video Pavan. Really love the way you present your views on current scenario of job instability , Home loans etc.
Loved the fact that you brought out very genuine problems , would also love to hear little more genuine and detailed solutions that can help us .Thank You😀
True!! Spending wisely is one of the Key!! Also continuous learning new things..
Thanks for talking about it. I have 20 years of experience. And this kind of pressure has always been there for me not just after covid. Family is a joke. I'm just considering myself as a product of my times and I keep going. Anything I try to do for bringing balance is only stressing me out, not making it better
Why do you say family is a joke. I am interested actually cause i am a guy in mid 20s. Any piece of advice?
would you choose this same career if you had the choice to switch it? considering you are again a 20 years old.
Thank you for making this video. Please make more videos about mid 30's IT guys problem.
Will do!!
I am in Btech final year , after watching this video my mindset inclined towards government jobs........ upcoming 20 years are too much dynamic and these lay-offs make me worried about future
Too hard for general to clear cut off and get a govt job kid..
Govt job is not the solution solution is freelancing or building your own skill and building your own brand or business.
@@rahulmojumder6936 ohh as if building your own business has a lots of stability lol. It is much the other way around bruh
I will tell you one thing. Aim for a high paying goverment job in your final year itself. Start preparing like your next meal depends on it. You will crack it believe me. Join a proper coaching centre,don't hesitate to seek guidance. Private sector is extremely unreliable. There is no guarantee at all and shelf life is also limited unlike government jobs where you can last till 60 and get pension for the rest of your life.
As there are limited govt. Jobs there will be huge competition, corruption, bribery to get the govt. Job.
Highly relatable video, I am going through similar things that you explained, not able to make any personal commitments like buying home, marriage etc due to uncertainty.
Don't have to go under pressure bro. I can understand. Don't get stuck in unnecessary responsibility
same bro..wanted to buy house in metros like pune but now changing my plan and thinking buying it in nashik..which is comparably cheaper then pune..wanted to buy tis 2nd house just for the sake marriage
Married 2 years back at 31.
Since then me and wife have suffered massively because of instability in the job.
The only thing that is keeping me going is my wife and the confidence she gives.
Take a chance, brothers. Jobs are gone tomorrow.
But the right women is your biggest asset.
Atleast someone have something positive to share about getting married.
@@abhishekshukla579 you can also with a + attitude
Thank you so much for this video.
Uncertainity in jobs and job location should be a biggest factor in buying a home in metro, you might be in a position to pay now but we should be equally aware of retirement with cash flows, its ok to retire in tier 2 cities or towns, ultimately feeding and taking care of ur family is paramount, in a digital era, place doesnt matter
Hikes in Indian services based companies are very pathetic or very less, we need improvement in this area, considering loans, inflation. It is a really hard time for solo earners in the family and maintaining a home loan. Also w.r.t home purchase, It is better to buy a plot or land in city suburbs initially at early stage of job and settle that plot loan first and then to build a house on that land later taking the PF amount along with little home loan for construction purposes.. Or you could even sell that appreciated land later and buy an apartment at proximity to the office. In this way we could avoid paying a heavy interest amount for decades by following this step by step approach.
Do people really work for 13hrs plus? Please make a video on managing work pressure, toxic work culture and work life balance
Save and save more. Reduce expenses. Don’t buy useless things like expensive cars
This advice is the most critical one. Hope people will listen.
then what's the point of even working
@@gameglimpses8861i agree with you bro. Whats the point of having 50 lakhs in 40 years old age when you cant even spend money for your happiness or even eat delicious foods. I am still trying to figure out whether i should buy a bike or not
this can't be far from truth
@@gameglimpses8861 Read the reply again.........slowly......"Don’t buy useless things"
I hated my job. I resigned as it was taking toll over my mental health. My pay was low. You can saywhat TCS pays to fresher. I can work that much that I worked for my previous company but I want good pay. I am planning to take up freelance work
Which developer role you are working?
@@sathishkumarg3045 full stack
Good luck to you!
@@sathishkumarg3045 full stack mostly MERN
@@sathishkumarg3045 Full stack , MERN stack nostly
I dropped my plan to buy a 3bhk only because of this uncertainty. I am entering my 40s and a layoff now would make it almost impossible to get another offer anytime soon.😢
Nailed it well. I'm in same journey I am 39. Better don't marry or don't buy any high ticket size. I constantly started serious investment in stock market 6 yrs ago and today I feel glad I did that. Plan well before for your retirement. IT after 40 has very less job opportunity
@@natraj6120Hello why do you say dont get married
@@raghavsridhar bcoz i know the pain the people suffer through. look through my other replies you will find details.
@@raghavsridhar marriage is a scam
You can shift to management roles
Excellent inputs.
Alert ⚠️ This is video is not for middle class and lower. Ye highr packages walon ke liye hai..😂
Most relevant situation of every guy in IT industry at the age of 28 to 30s
it guys better to stay away from buying real estate in metros
but but but..
@@lionellawrence5798 But what?
It's almost unaffordable anyway.
yes. Not just metros we need to stop buying houses. Infact joint family culture will come back and we need to adopt that to sustain financially.
@@techtalksabhishek yeah, we need to teach a lesson to realtors. whenever a it company comes in metro, surrounding prices will be doubled threpled, real estae is big mess in india
In today's corporate job scenario of India we can't even do freelancing or side hustle as daily job hours take up most of the time, if your team / employer knows about this then you will be kicked out before you think of resignation.
Here biggest problem is financial saving of an individual, if they haven't done anything then their life are screwed
To pivot to business or new venture, one requires good *Successful* network
Upskilling sounds good in conversation only, project based learning will take a toll on mental health and on payscale
It is just an excuse, it just you have to make side hustle/ freelancing your priority after daily job work hour.
Remember someone is working harder than you or someone is doing side hustle/freelancing when you are sleeping or tired after work.
Everyone has 24 hours you just have to utilise it
Excellent sir
Excellent.True
Thank you for the update
I am seriously worried on where are we heading in personal lives and what would be future of jobs (specially for non technology backgrounds like finance, marketing, etc.)? I'm 29, married, and already worried of stability, career crisis, expenses, commitments, etc. I started my career at 22 years with starting package of 1.8 LPA and now I am at 20 LPA. It took me bloody 8-9 years and 4 switches to reach a decent earning band and out of nowhere the whole market is clouded with uncertainty of future. I am someone who is not keen on early retirement or unrealistic financial freedom by 35/40. I want my skin to be in the game for a long term, but I'm scared given the current situations. How practical is it to think of decent savings and accumulating initial capital for a side business by just 30, when someone is starting career at 22/23 with a normal education background at entry level packages? Some links seem off here...!!
What was your educational background and what's the field you're working in now? I'm 22 so I'd like to know what the reality of jobs is like .
20 lpa kamane k bad b u r still a wanna be? U didn't lived life.😂
@@budhrajarahul3 I dint get you. Can you please be clear in your query/comment? Not sure what you meant by 'wanna be', 'didnt LIVED life'.
@@rushilsapkal6910 I'm from commerce background, working in business development profile with asset managers.
Thank god..I am in 30's & got Govt job.
Good attempt for the video..I am on late 30 have small kids and job wise also facing tough challenges.But not able to think alternative ways such as business and other stuff.. planning to start alternative/passive income in next 5 yrs to see how this works before i am able to quit the job..
Can you let me know what plan do you have for generating passive income
thanks. One question - haven't the salaries risen 50-150% for many of the softwarre enginners (organically and inorganically) post covid? If so, what's the harm in taking up additional responsibilities . It is common in other verticals such HR & Finance.
No problem. But that becomes the expectation. And you should be spending a minimum of 12-14 hours at work every day. And that impacts your personal relationships. More so in 30s when you have a young family
If anybody wants to live happy life then below plans viewpoints are must :
1. Family Plans
2. Job/ Business Roadmap
3. Expenses View and Tracking
4. Property Plans
5. Savings and Investments Plans and Tracking
We atleast need to consider situations of upcoming 10 yrs and plan and work towards it accordingly.
absolutely
If we even talk about it everybody will accuse one to be lazy/undesired to work etc. without realising they are also the victims of this practices
I am 31, not yet married, not having stable job. I am confused
This varies from field to field. In IT sector, yes after 30s you have some problems. In Manufacturing sector, your career starts taking off at 30. So it depends on the field. So far I don't see any lay offs in manufacturing sector. The only con is lower salary than finance or tech field.
True that
You can easily work till 60 so low income is not an issue.
@@JaywN0t37XGQQbwFjN in many cases people work even beyond 60 in manufacturing. Companies would rather keep an old experienced professional as a consultant than train a fresher engineer in this domain.
Bro in the core manufacturing sector, the more experience you get, the more valuable resource you become for the company.. But in IT sector, your experience may not be relevant after some years as the technology changes fully.. Continuous upskilling is fine but if you have longer work hours, meetings and all till late, how would you upskill. On the weekends, people have other commitments too and sometimes you need to refresh your mind too
Every time I see your videos, I ask myself whether to stay in IT or leave😅
any other option..let me also know
Same. But I decided to leave bro.
@@INDHUCHOODAN...143 what are you thinking to do bro or already doing?
And go where and do what ?
@@vantablack6809 A lot of career options are there.
He is telling us to prepare for government job..!!
Yeah, bloody hypocrite
Yeah. They'll be the last to change.
But there is also too much competition
This Pavan is a joke
Please tell me which govt jobs are available for 30+ 😅
IMO, if you want to make it, you need to put in the work. Put your energy in some other place when your job is going good. When you are going through a hard time in your job or don't have one. Your side hustle will support you. Don't buy a house in a metro city. Adjust on quality. Try staying in cheap houses, when the demand in the area rise, move to a cheaper place. Save the money and take out the money to your hometown. This way you can build assets.
Unfortunately in towns people will harass what are you doing nowadays , did you loose job ?? Like that in Indian society
@@gkk2215should we really care what people say? Will they come to help if we get into financial challenges?
@@gkk2215 Question yourself. If society is helping you build or you yourself.
@@sushantrades society will not help man .. but you don't live in jungle and you will live in society and they keep harassing you mentally
@@gkk2215 It's your Call, no one is coming to save you.
What u r saying it was same 20 yrs back but people become manager easily and just adopt shouting skill and survived by politricks .but now if u dnt have blended skill only politricks did not work due to low code no code
Marriage has become a business they love their partner on conditions which is not true love and only true love persist through our bqd times, so marriage is a risky business nowadays.
Yes correct
It would be better if both husband and wife work so that even if one loses job suddenly the other can take care of the family until the one who lost job finds another one or comes up with a business idea to earn money.
Marriage has always been a business. Especially for a woman it's always a gamble. There are exceptions though but in general it's a barter system. Best would be to remain in live in relationship or just have plain companionship for physical and emotional needs.
His videos are good and may god bless Pavan ji. However, i can see if employee start saving as much as earlier, life without loan, living simple life with essential things and thoroughly upskilling could help future. Future would be predicted that even Govt jobs are not going to be secured one. Individual should think marriage and kids are most important than career as finally earning money is only to feed one's own family. But young generations worrying about career neglecting family would certainly lead to disaster. Indian living system slowely changing like western system is alarming. Hope Mr. Pavan ji advise and implementing in one's own life will help coming generations. Life is always more important than work and concept of work life balance not suit to indian sub continent. However reality is work more than life balance.
That’s absolutely right. Jobs are insecure as hell. Companies want 1 person to exhibit multiple roles and have expertise in them, which is not possible.
Well said pawan
Yes same thought recently layoffs
We have to apply agile methods on our personal planning also rather then following water fall model in our personal life. Take rented house near to office /school/ as per family requirements (should not be to much luxury ) and learn investing money for future. Make you plan very agile can be changeable with respect to situations. This way I can able to enjoy present life and save for future needs. More importantly this flexibility will allow us to grab the opportunity.
I worked for giant e-commerce company for almost two years at the start of my careers and had a very bitter experience. Finally switched to Government job. I am not residing in a metro city but in a small city now and pretty much happy to have a peaceful and relaxing life 😊.
There is something called "tendencial decline in the rate of profit"in capitalist economies. This theory posits that over time, due to various factors such as increased competition, technological advancements, and the inherent contradictions within the capitalist system, the average rate of profit tends to decline. As profit margins shrink, businesses may become less incentivized to invest in new ventures or expand existing ones. This reluctance to invest can have ripple effects throughout the economy, potentially resulting in reduced employment opportunities and, in some cases, necessitating layoffs to maintain profitability. Thus, the observed decline in the average rate of profit serves as a critical lens through which to analyze the dynamics of capitalist economies and their impact on employment and economic stability
Thanks your are telling the truth. I am experiencing the same. I also invested in land now due to layoff it's becoming my liability. Now I can't leave plot to huge loss and can't start business immediately, it will take time to return some. Give alternative solution or ideas. Thanks dear.
I also took loan and paid off in 2 years. Having 25 lakh package. My advice would build house early. If you have surplus amount 50% then only take loan.
Try to finish loan in 5 years.
How much was ur home cost & how much loan u took ? Wht was ur EMI ?
Yes very true now days no stability in IT jobs but what we we can do ...need this answer
Going through the comments, I feel proud that I didn't push my son to study. Now, at 20,he is a swimming coach/Gym trainer. All our family stay together, no nonsense expenses. Been to metro cities, builders price house according to average salary, you get a increase and everything will get costly in proportion. Want him to join politics, let's see.
If I know that IT is lifelong learning, then I will become a mechanical or civil engineer instead. It feels like garib can do everything starting from opening thela to becoming IAS. There is a lot less scope for me.
Uncertainity is nature of life , you cant have guarentee in life till death , just live life !!
Don't buy properties in metro. Buy in Tier 2 or Tier 3 cities, heck settle in a good village with decent development if possible nearby a city.
Bad me bache ko waha job nahi milegi to wo kya karenge
@@chintandoshi21dhdnda karo job me kich nahi raha
How many of you felt suicidal because of your corporate job?
I do everyday 😢
I have a doubt pavan, there are two snack companies in a pertcular location. if any one of the company go for the consultancy for their growth againest competitor they get the complete road map and to do action. what if the rival company opt for the same consultancy after they complete the strategy making for first company. Does the consultancy firm uses the previous data to help the forthcoming company?
And there's "Health Health", the most important one :)
I HAVE 1 QUESTION FOR ALL IT GUYS AND GALS.
Is it worth it? Please answer honestly, would love to know how people feel about this career.
Pavan can you also make the videos related to management based roles, for the ones who are recent MBA grads parelel to this?
sir, how to apply for your 1 to 1 career guidance programme..kindly let me know how to contact you.
It's best to desire less and that will solve some of the problem.
Think before having kids. Often the financial pressure is transferred to kids by parents when they dont do well in school etc. (Everyone must have experience comments from their parents like "I spent so much on your education, where is the returns?".
Be prepared to take pay cuts and easier roles as your age. Be sure to start investing early on.
Very nice topic and explanation....
5:52
very well said...
But one question to you is if a person is 30 and if the adjacent skills are not fruitful for sustenance then the upskilling to some other skills is not an option?
This is the problem, its not about two job roles as well. If everyone starts becoming a manager dealing with clients , then where do Technical Architects go? I am not sure in whether its just India, but its baffling to me, how much no one talks about a core developers journey, beyond a Staff Engineer.
Most people who don't want to managerial role, got into a IT job, because they wanted to tackle bigger and better challenges, becoming wizards in their domain (which itself is pretty vast), and rest of them is there for the money. But the funny thing is, in an interview, they ask, "Why do you want to join the company?" , and you can't tell them "For monetory reasons and other benefits that come with it".
This doesn't make one single sense, its like people want to do stupid, but not be called out on that. 90% of the IT industry is run by Stupid. Because Agile and Scrum gave these managers and CxOs a buy-in ticket to sit at higher power tables without having any rigorous experience in the domain itself.
I just want to share my personal observation while staying in bangalore with other IT professionals:
1.They are not happy with job,payscale and relationships.
2.When my partner says i love you and with you forever is not the reality now.
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3.I have seen my friends wife divorced him because his pay scale didnt increase in the last three years,although he learned prompt ,machine learning.
4 Rents are extremely high in bangalore.
5. Expectations from organization have increased tremendously without any sign of increase of wages
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6.People like us cannot have shaadi because girls parents want stable job and girls have thier own standards.
7.when we do reach stable package and salary we are over 33-34 years of age and no girl wants to marry.
8. No body wants to compromise neither spouse neither oraganization ,Hence the concept of marriage fades forever.
Hence i have comcluded to leave this profession and start my own business.Although my earnings would not be great in the beginning but atleast i will have the peace and confidence to take decisions about my future.
I liked your comment. Someone is thinking as me, do your own business or farming or a Shepard.
How will you start business in bangalore? Just breathing is so expensive here.. starting a business is so difficult,such high rents of either godowns or shops...
All the best mate
Outside of India, India and China are viewed as sources of cheap labor. They only need to pay roughly 1/4 of what they pay abroad, while making the same product, which then gets sold for the same price globally, whether in India or elsewhere. Indian employers always throw this excuse: "The salary is good compared to the living expenses of the region"
Pura kadba sach hai bhai, thanks
Few job opportunities in market, and excessive supply of graduates and applicants leading to exploitation. There is no solution as of now. If there is a chance migrate to other countries for better job opportunities and for better quality of life. No other way to survive.
No doubt so many young people are now thinking about government jobs. But unfortunately there are few such jobs. Minimalism and portability are the need of the hour.
Competition for government jobs is ridiculous. one can crack six interviews successfully and land a job than getting a government job.
we are doing these things in daily basis but doesn't feel load. Because we start new work the learning will start
Very true.
The future is what you know and never who you know and we can see leadership crisis globally due to who you know
what I would like is the Young being able to lead and advise CEOs why is it that the current generation CEO mostly reluctant to take advice publicly from young people no harm right and it’s only been vice versa 😮
knowledge can come at any age the drive and output sits with youth for now the inspiration should be for everyone’s benefit. Top Leadership is in the hands of very few unworthy in key sectors they only complain and work out of FEAR showing lack of self worth in them and that’s not serving right for anyone and remember each person is unique and everyone is leading a finite life within which time they need to squeeze being parents to grandparents to old age to all sorts of health crisis we see on the increase - dont think you need to be at the top to inspire even a little kid with pure intent for all CAN by sharing openly don’t be scared what is HR doing nothing😅 so never underestimate how each of you can make thischange. From UK we see the same. Global crisis we need to self lead 🎉 forever
I couldn't spend time on myself while working in IT last 25 years
I'm having 2.5 years experience in US healthcare looking for jobs since 6 months hardly received calls and most companies are offering not more than 3.5LPA
then how are you surviving without money till 6months??
@@hamzasayyed5380 my father is working living in my parents home
I am 29 and making money here and there. Officially worked only for 2 years till date.. Just stay with parents and dont get married. . You will still enjoy😂
@@budhrajarahul3 are you planning same no marriage??
@@raghavsridhar yaa.. I believe in sucking parents money.. Why not? They gave me birth.. Y should I go out and work hard just to prove myself.. I just earn for myself.. I don't care about people. I travel a lot and enjoy my life
Fear them to buy what you are selling.
Private sector was always unstable
To add to that these big mncs found that resource cost has increased so they dumping resources in the market to increase their chances to get a resource in cheap.
I can relate my experience transitioning from mortgage to insurance after facing layoffs during interest rate hikes. With 11 years of BPM expertise, I've navigated through team leadership roles, overseeing performance reviews, attrition management, escalations, hiring and firing, leave approvals, client billing, overtime negotiations, team efficiency, client management, cross-training, and resource management. It's intriguing why some in IT hesitate to take on similar responsibilities even after a decade in the field. Embracing diverse roles has been personally fulfilling and professionally enriching for me.
I'm currently working in bangalore metro as section engineer with salary of 80k,it is decent salary as of now but looking at the carrier growth in IT i wanted to switch to IT even tried for interview, but after watching this situation seems better to stay in government sector..
I have a similar scenario. I could afford a 1 crore flat but I bought a flat with 50 lakhs so that I can pay off the loan asap. I would not have bought a flat if it was not absolutely necessary. I am not going to buy a car on EMI. If the flats price is a little low and I have to travel for one hour only then I think it is okay to buy a flat a little far from the office. There are more measures I have taken that I can't explain here in the comments.
Can we connect anywhere? so I can learn from you? Im kind fresher in this so
Very less opportunities for above 12 years of experience these days. Even HR are asking for only 8 to 10 years only. In management positions as you say lot of politics that can make or break your career
Join TCS once you pass 10+ experience and then take transfer to Tire 2 City...at tcs gives more job security compare to other companies and as you going to join tcs after 10 years experience definitely package will not great but for sure it will be good enough
Guys im preparing for gov job ,,this is my last attempt,but im thinking that software jobs have more salary,, growth compared to gov jobs ,what to do now?any suggestions plzz?
Make the best use of this attempt and even if it doesn't workout stay strong and look for options in your niche
I have been searching for a job for the past 6 months in the data science domain but unfortunately there was nothing but hype of the data science job market, I think IT jobs supply is very less and the hype and supply is too much, so guys please look out for different jobs than IT don't fall for trap of AI and all
Are you a fresher?
All these issues are self created. Everyone wants to b a coder. No one wants to explore other engineering avenues. Coding is glorified in the first year of college itself. Then obviously corporations will exploit whenever there is a oversupply of talent and try to do things with the least cost and therefore comes pay cuts, layoffs, 18 hrs of work, job instability and so on..
18 hrs of work😢