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Campus placement: A difficult year on campus: Worried about your entry into the job market?This is what you need to know, do

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2020-21 seems to be different from any other year-for campus internships, position And the salary of the graduation batch. However, it is not. After the financial and IT crashes of 2008-09 and 2000-01, the situation was similar.Few recruiters and positions, low average wages, job offers were withdrawn, entry time was delayed, some people did not work, suddenly resigned after joining, lack of jobs outside the school, competition for laid-off employees, campus panic and internal disagreements were common at the time and now . You are worried because you enter the talent market And your future career will be affected. This is what you need to know and do.

Second-order thinking

Think about the knock-on effects of the pandemic. First, when entire industries such as hotels and travel closed down, sales in other industries dropped sharply and some online players picked up, companies suffered losses. Employers are forced to cut costs, stop hiring, lower wages and fire employees who cannot find alternative jobs. Banks and financial institutions find it difficult to recover loans given to companies and individuals, and therefore do not want to issue loans to those who need loans, and do not know whether they will repay them.As a result, the graduating students find that fewer and fewer and poorer income opportunity. Compared with other years, the delay in joining and lower first-year income means a net loss and a compound effect on your lifetime wealth.

Bad news, good news

Unemployment and low income are always bad news for the economy and those who are about to graduate. This knowledge in turn makes the placement worse. The response of your placement office or student placement committee is to introduce more rules that make life miserable. Their goal is to protect the brand of the college so that the largest number of students can do the most work without being so concerned about your personal interests. You will be restricted by the number of applications, the number of interviews, and the number of “dreams”. You cannot apply for companies invited by competing projects to enter the campus, and will eventually be forced to withdraw from the system. Get the first quote from any company, even if it is not the company, function or industry you choose. Then you will be stuck on the wrong career path. However, the good news is that your campus has put in more effort than usual. You only need a job, regardless of the overall situation. In the end, you choose where to apply.

Hunter’s strategy

Since your opportunities are limited by the market and placement system, your primary goal is to increase the choice and enter the interview phase. Know that no one owes you anything, so give up the lazy “right” attitude. You will only eat what you can hunt. So, how do you find opportunities outside of school to increase campus options? Connect with your network of professionals and business owners through family connections, alumni, school and sports friends, and any other network you can think of. Talk to them, meet them, increase your social reach, and thus increase your chances of finding vacancies. Use LinkedIn and Twitter to follow, reach out and connect with strangers and decision makers. Your goal is to be invited to a job interview through pre-trust, not to let your resume compete with hundreds of other job candidates.

Post-campus challenge

As happened in 2020, on 100% of campuses, despite your best efforts, you may find yourself unemployed. Or, the company may withdraw its job offer or continue to postpone the entry date to reduce costs. In the end, you may be fired immediately, a few weeks after your new job. Realize that this is not a reflection of your ability, but a situation beyond your control. However, you can choose a backup strategy. Have you developed a “loss of work/income” plan?Contact your Campus placement The group may provide help for several months, while searching for jobs on the open market based on the suggestions of people with work experience. In terms of finances, figure out your savings, use your family and friends’ personal safety nets, and other sources of income to keep you going.

“Do you have a’work/loss of income’ plan? Contact your campus placement team, they may provide help for several months, and at the same time find a job in the open market based on the advice of people with work experience. Financially, Figure out your savings, use your family and friends’ personal safety nets, and other sources of income to keep you going.”

— Devashish Chakravarty

Money, status, freedom

Identify your greatest personal need and pursue it relentlessly. If it is freedom of choice, and you have entrepreneurial dreams, then go now. Although the times are full of challenges, you will be forged by fire. While pursuing passion, please make sure to be guided by reason. If you are embarrassed to let your family and friends see you sitting at home, you will feel pressured because of the impact on your social status. Look for opportunities to contribute, whether in the social sector, a new start-up or a family business, you can profit from it even if there is no income. Or, continue your studies and return to the job market when things get better. Finally, if personal circumstances determine that money is your top priority, then don’t refuse the job opportunities that follow. You are free to continue your job search and upgrade later. Before that, accept paid internships, contract jobs, and monetize your skills and hobbies by doing side jobs after get off work and on weekends. Experience, network and skills will accumulate over time and bring high returns in two to three years.

Crack campus placement

1 Understand the rules

Your campus placement system is not a free job market. This is a system of rules that allow/restrict you in order to get the most jobs for the most students. It is not designed to help you get the best job you deserve or need. Thoroughly understand the current placement rules and decide how to choose options and avoid penalties.

2 Know the process

How does the employer conduct the selection process? Do they need a resume, online application, cover letter, evaluation test, group discussion, or case submission before being shortlisted for interview? Obtain past materials and data from your place, previous batches, and other campuses, and control them before the application window opens.

3 Understanding the company

When you have an interview candidate list, the ball is on your court. Prove to the company that you stand out from the competition. How do you prepare? News, financial reports, websites, Twitter, public communications, conversations with employees of companies, competition, and industry can keep you one step ahead.

4 Analog format

What is the expected interview format? Recruiters need to follow a fixed process across campuses and years, and they will hardly change. Find out. A consulting company may have two steps-case studies and attitudes of analytical skills, personal discussion of interpersonal skills and communication. Conduct mock interviews accordingly.

5 Master the video interview

Almost all interviews may be videos. This may result in shorter but multiple rounds. You are used to remote courses, but your video interview requires a professional approach. Rehearse and make sure everything is normal, dressed and behaved as if you were in a face-to-face interview.

(The author is a professional coach, mentor, author of Yoursortinghat.com)

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