Shekhar
Deshpande, 31, is sure glad that the boring old days of job monogamy
are gone. Despite his long work hours as Strategic Planning Director
at J.Walter Thompson, Bangalore, he feels as enthusiastic as ever
about his first passion, advertising. But on Saturdays and Sundays,
this graduate from IIM-Lucknow gets busy with his other passion,
teaching. As a part time instructor at IMS Learning Resources, Deshpande
has helped over 3,000 cat-taking management hopefuls brush up their
interview and group discussion skills. What began as advisory sessions
has turned into a co-occupation.
"Professionally," says Deshpande,
"I am an adman, but I am also passionate about teaching. Earning
from that is secondary." He has conducted ad workshops at IIM-Ahmedabad,
taught courses at NIFT-Bangalore and lectured at IIM-Bangalore.
"If you are really interested or passionate about something,"
he says, cheerily, "you can always find time for it."
Time, though, is rarely the issue.
Job Dotcom or Dotorg?
After-work passion pursuits have always been
around (people would be significantly duller otherwise), and have
never raised eyebrows. Nor should they. Ad industry people, in fact,
have always been encouraged to take up theatre, music or some other
art form-as a stimulant. That's all very well. The complications
begin when money comes into the picture, and the second income source
grows large enough to put a question mark on the unstated assumption
of loyalty to the first employer.
Some dual job holders, of course, happily concede
that the second job is an income add-on, but most prefer to talk
of the earnings as a token fee paid in lieu of the effort. And why
not? After all, some reason, if it's okay for people to invest money
in other companies, it's also okay to invest some effort as well,
just as a person tracks his portfolio. The same logic can be extended
to running a small business.
Sudhir Bhagwat, a mechanical engineer, teamed
up with a childhood friend and started a 750-sq-ft Garden showroom
in Mumbai's Dombivili, way back in 1986. Ever since, Bhagwat has
also been working for various engineering companies. In October
1999, he quit to set up a second franchise outlet. By late 2000,
it was clear this project wasn't working, and he wanted a job again.
In March 2002, he signed up with ICICI Prudential as a life insurance
advisor, underwent a one-month training module, and now sells around
four policies a month. He goes insurance selling during the week,
and spends the weekend managing his store. Does one job help the
other? In terms of skill enhancement, there may have been a gain.
"The training at ICICI has helped me a lot to understand the
way to sell policies," says Bhagwat, "and as for our business,
we have repaid all our debts and it earns us good money."
For many dual job-holders, though, it is
plainly a matter of actualising one's inner potential |
Tushar Kochrekar, 25, talks freely about the
dual income benefit. A graphic designer by day, he spends the time
between 7 pm and midnight selling timeshare holiday packages. While
his second job has aided his communication skills, he doesn't plan
to continue with it for much longer. He has made enough moolah.
Says Kochrekar, "I am earning quite a lot from this job and
I soon plan to start my own advertising agency with my graphic designing
skills."
Talent Actualisation
The second job often has no clear connection
with the first. There are stories of how a financial dealmaker has
cracked the business of selling vanity products, and how an oil
exploration scientist has set up a successful call center. Maybe
it's the big picture exposure that leads to the small market success.
For many dual job holders, though, it's plainly
a matter of actualising one's inner potential. As every b-school
student will tell you, after a primary set of needs is met, it is
natural for people to start exploring activities that will help
them make the most of their lives.
Delna Pooniwala, 41, a mother of two, is from
a family involved in crafting diamond jewellery. Armed with a design
degree from Scranton University, Pennsylvania, she had joined the
family business, training others at design. But six months ago,
she joined a gym as a fitness consultant. At Mumbai's Mind &
Body gym, she has discovered a talent for imparting trainees her
isolation techniques, helping people tune their muscles and cut
flab. "While my teaching assignment definitely earns me more
money," she says, "my job at the gym is more to use my
spare time more productively."
Several corporate employers, however, would
rather have all that spare time spent on relaxation, if not on the
main job-which ought to be taxing enough to exhaust the employee's
physical and mental resources. The idea of demanding exclusivity
is to maximise the individual's work productivity. Corporate sector
jobs are often 24/7 affairs; people are paid to meet goals, not
spend their day at some desk.
Neither can anyone claim ignorance of the old
concept of loyalty. Even if a second job holds no obvious conflict
with the main one, employers can't be expected to be pleased about
any dilution of attention to their goals.
But then again, such employers need to recognise
the limitations of their claim on employees' lives.
Dual job holders may not be as self-serving
as they seem. Nor is it reasonable to expect loyalty over some other
cause-such as, say, the truth.
-Dipayan Baishya
|
IP lucre: The race for patents is a green
one |
LATEST
Patent Filing
In
the information economy, intellectual property (IP) is the stuff
to fight for. But you can't go fencing it up. Claiming ownership
involves filing patents, and there could be a career awaiting you
as a patent filer. "The profession is new, exciting and has huge
potential," says Ashish Gupta, Country Head and Chief Operating
Officer, e-valueserve, an IP consultancy, "but demands high skill
levels." You must understand technical uniqueness and the law. For
its part, e-valueserve has 30 patent filers, mostly engineers. The
initial pay? Some Rs 4 lakh-an-annum. "There's no established industry
yet," says Gupta, "but I see it growing faster than you think."
IP bandits stand warned.
COUNSELLING
Help, Tarun!
I
am a 22-year-old who has recently joined a leading call centre.
This industry is supposed to reward people who achieve their targets,
but I've yet to see that happen. There are people here who don't
meet their targets, but are still appreciated simply because they
are old hands. In fact, these colleagues even throw their weight
around. And although I'm meeting my targets, it seems I'm not important
enough to be appreciated. This is getting harder to take with each
passing day. Should I quit? I need help, Tarun.
At your age, you're likely to face the same problem in any industry.
Quitting will solve nothing; it will only add to your frustration.
To have a successful career, you need to think long-term and build
positive relationships. The first thing you need to do is consistently
keep meeting your targets. That way, your bosses are sure to notice
you and appreciate your work. Also, try and be friendly with your
colleagues, particularly your seniors. Once they are comfortable
with you, they are likely to stop bothering you. They may even start
helping you with your work. Stick around; hopefully things will
change for the better.
I am a 25-year-old commerce graduate with
a PG diploma in marketing and advertising management. After working
for a year as an export assistant, I am now employed as an import/operations
assistant with a freight forwarding company. I feel I can do much
better, though, and am looking for ways to get into the management
team of a good company. Should I continue with my present job and
work my way up the ladder, or go in for higher qualifications, such
as an MBA or CS, to help achieve my objective?
Pursue higher studies by all means, but do
only those courses that will help you achieve your goals. If you
want to get into management, MBA is the way to go. CS, on the other
hand, will put you in the company secretarial department. You also
seem to be undecided about what area of business you want to specialise
in. Don't waste your time weighing too many options. First decide
what you want to specialise in, and go for the qualifications needed
to be successful in that line of work. Then, just do it.
I am a 25-year-old production assistant
with a news production company. Deadlines are sacrosanct here, and
tempers fly high when there are goof-ups. However, I somehow always
get the blame for errors, even those committed by others. Sexist
comments by my studio director have convinced me that this is happening
because I'm the only woman in the production control room (PCR).
My colleagues are not helping things either. They play along. What
should I do?
Are you sure you're being deliberately blamed
for others' mistakes? Bosses have a way of venting their anger at
anyone who is within striking distance, so you may have just happened
to be at the wrong place. But if you feel that you have a valid
point, there are a couple of things you can do. First, try and talk
to your boss' seniors. But before doing that, identify a colleague
or two who would support you. That is easier said than done, though,
since not many would like to put their own jobs at risk. Besides,
you can expect your boss to have his defence ready, so prepare yourself
for his possible arguments. Alternatively, you could request a transfer
to another department. If nothing works, quit. There are better
places to work.
I am a 35-year-old marketing manager in
a small pharmaceutical company. My previous job was with a pharma
company marketing over-the-counter (OTC) products, which folded
up due to low revenue. Since my current employer does not have a
major marketing programme, I am feeling underutilised, dissatisfied
and bored. Bigger companies won't touch me because of the earlier
failure, which was not my fault anyway. How do I make recruiters
judge me by my own abilities, and not those of my past employers'?
It is not necessary that it's only because
of your past failures that you aren't getting a better job. Companies
do look at other aspects such as qualifications, past experience
and so on. Also, they may already have capable people employed as
marketing managers, so opportunities may be few. When you talk to
bigger firms, try and highlight your abilities by, say, justifying
your marketing strategy at the OTC company. Till better things happen,
smaller companies are your best bet.
Answers to your career concerns are contributed
by Tarun Sheth (Senior Consultant) and Shilpa Sheth (Managing
Partner, US practice) of HR firm, Shilputsi Consultants. Write to
Help,Tarun! c/o Business Today, Videocon Tower, Fifth Floor, E-1,
Jhandewalan Extn., New Delhi-110055.
Nine
kinds of Bonuses
Bonuses come in varied
shapes. That's good.
Bonus
is Latin for 'good', and the corporate bonuses this year seem very
good. Not only are they larger than before, they might even have
started incentivising performance. For the latter, thank the variety
of shapes bonuses nowadays take.
There's the classic organisation bonus, paid
to everybody for the year if the firm has done well. There's also
the business unit bonus, for group performance. There's the individual
bonus, for individual contribution.
But, as Sunit Mehra, country manager of the
search firm Hunt Partners, says, "The organisation should encourage
performance-driven pay on a round-the-clock basis, not at the end
of the performance." So there's the spot bonus, paid at any
time for a task well done. There's also the variable bonus, paid
against a set of deliverables.
Even more interesting are the pre-performance
bonuses. There's the sign-on bonus, paid to a prospective hotshot
employee in lieu of his or her signing on the dotted line for the
job. There's the joining bonus, paid after he or she actually joins.
And then, there's the loyalty bonus, for displaying loyalty through
such acts as refusing to yield to the temptation of an arch-rival
firm's sign-on/joining/whatever bonuses.
-Moinak Mitra
For
Lateral Latitude
Aviation jobs: altitude,
latitude or both?
|
Airline jobs: Flying higher, or maybe
sideways... |
The
industry reputed for breaking out of binary inflight choices could
be doing it again. As cross-landmass business activity picks up
in India, domestic flights are starting to pack up-even as private
airlines jump at the prospect of flying South Asian Association
for Regional Cooperation (SAARC) routes. Meanwhile, foreign money
might finally be on its way in. In terms of aviation jobs, this
could easily spell a season of upward mobility, lateral shifts
and even some of the most interesting kind: diagonal moves.
"The world's becoming a global village,"
notes a senior executive at Air Sahara, "and the economy's
opening up to foreign investors. The aviation sector, as a direct
fallout, is experiencing a boom. There is tremendous requirement
for specialised professionals-service, technical, finance, you
name it."
What about lateral movement within the sector?
It's a highly specialised field, and the premium on airworthy
professionals is high; remember the raids private airlines made
on public carriers?
Airlines are tightlipped. But once fresh
money comes, expect action. This is among the rare sectors that
have actually suffered a constriction of employment options.
|