With the economy growing at a robust pace, employment opportunities are multiplying, particularly in the rural sector, with companies focusing on the untapped potential there. Mint presents a fortnightly column on job prospects in the sector.
I work as a senior manager with a commodities trading house in New Delhi. My parents stay in Hyderabad and I have a keen desire to shift there. Hyderabad does not offer many jobs in line with my experience. Should I accept any other job without caring for a long-term career?
This is a case of professional versus personal choice. While each is equally important, it makes sense in retaining a healthy balance. A desirable job at an undesirable location is a professional cost that progressive executives need to bear. At the same time, in case your presence in Hyderabad is desired onaccount of health or equally important need of your parents, it may be wise to take a knock on the professional front irrespective of the magnitude of loss. However, if your preference is purely due to your background in that city, it does not justify accepting a job that puts you on a lower pedestal, for it has a scope to put you behind by a few years.
Ajay Gupta is CEO of ruralnaukri.com. Send your career queries to email@example.com
I have been working in a government organization as manager, trading (agricultural commodities) at Indore. I have now been offered a senior role in a multinational company (MNC) at New Delhi with an impressive salary hike. I fear that MNCs do not offer job security. Please guide if the risk is worth taking.
The risk calculation is a tricky affair, depending upon the history of the MNC in question, your own performance after joining, changes in market situations, etc. Indian markets in general are fairly stable and mass retrenchments at officer level in your line of business are indeed rare. In exceptional circumstances, individuals are asked to quit in case their performance is not rated satisfactory. Nonetheless, compared with the government sector, you may always be under pressure to deliver.
Your ultimate decision may depend upon your desire for realizing fast growth. In case this need is high, you need not unduly worry as situations wherein employees are asked to quit are few and far between.
At the same time, you need to be prepared for the fact that the job may not turn out to be as attractive as it looks now and it may call for another one or two switches and a few adjustments on your part before you really settle down well. On an overall basis, considering that you have been offered a good jump in seniority and compensation, it looks like that you could take on this challenge and it may prove to be worthwhile in your long-term career.
I am a graduate in agriculture and postgraduate in agribusiness management. I had joined a non-banking finance company soon after completing my education in 2007. I have been posted in corporate finance, organizing large deals. While this work is interesting, I am getting away from agriculture. What should I do?
In case you are torn between agriculture and corporate finance, given that the two are separate streams, returning to agriculture may be beneficial for you in the long run. Considering that the demand-supply gap in talent pool for the agriculture sector is in favour of employees, a limited number of eligible employees are being offered abnormally high opportunities. Also, within agriculture, your competition will be with fewer people compared with the corporate sector, where students of all business schools enter into a fierce competition to avail limited growth opportunities. Also, finance is not an area of your core strength and hence you may have to continue with a comparative disadvantage compared with your peer group. As of now, your work experience is only a little more than a year, and you may not be branded as someone who is good only for corporate finance. If you were to try to shift, say, two years hence, you may find difficulty in justifying the inconsistent career route. Hence, unless there are some other reasons, you should return home to avail the exciting and fast growing opportunities in the agriculture sector.