Interesting.....Don't miss last Questions...
Interesting.....Don't
miss last Questions...
Some, rather most organizations reject his
CV today because he has changed jobs frequently (10 in 14 years). My friend, the
‘job hopper’ (referred here as Mr. JH), does not mind it…. well he does not need
to mind it at all. Having worked full-time with 10 employer companies in just 14
years gives Mr. JH the relaxing edge that most of the ‘company loyal’ employees
are struggling for today. Today, Mr. JH too is laid off like some other 14-15
year experienced guys – the difference being the latter have just worked in 2-3
organizations in the same number of years. Here are the excerpts of an interview
with Mr. JH:
Q: Why have you changed 10 jobs in 14
years?
A: To get financially sound and stable before
getting laid off the second time.
Q: So you knew you would be laid off in the
year 2009?
A: Well I was laid off first in the year 2002
due to the first global economic slowdown. I had not got a full-time job before
January 2003 when the economy started looking up; so I had struggled for almost
a year without job and with compromises.
Q: Which number of job was
that?
A:
That was my third job.
Q: So from Jan 2003 to Jan 2009, in 6
years, you have changed 8 jobs to make the count as 10 jobs in 14
years?
A: I had no other option. In my first 8 years
of professional life, I had worked only for 2 organizations thinking that jobs
are deserved after lot of hard work and one should stay with an employer company
to justify the saying ‘employer loyalty’. But I was an idiot.
Q: Why do you say
so?
A:
My salary in the first 8 years went up only marginally. I could not save enough
and also, I had thought that I had a ‘permanent’ job, so I need not worry about
‘what will I do if I lose my job’. I could never imagine losing a job because of
economic slowdown and not because of my performance. That was January
2002.
Q: Can you brief on what happened between
January 2003 and 2009.
A: Well, I had learnt my lessons of being
‘company loyal’ and not ‘money earning and saving loyal’. But then you can save
enough only when you earn enough. So I shifted my loyalty towards money making
and saving – I changed 8 jobs in 6 years assuring all my interviewers about my
stability.
Q: So you lied to your interviewers; you
had already planned to change the job for which you were being interviewed on a
particular day?
A: Yes, you can change jobs only when the
market is up and companies are hiring. You tell me – can I get a job now because
of the slowdown? No. So one should change jobs for higher salaries only when the
market is up because that is the only time when companies hire and can afford
the expected salaries.
Q: What have you gained by doing such
things?
A: That’s the question I was waiting for. In
Jan 2003, I had a fixed salary (without variables) of say Rs. X p.a. In January
2009, my salary was 8X. So assuming my salary was Rs.3 lakh p.a. in Jan 2003, my
last drawn salary in Jan 2009 was Rs.24 lakh p.a. (without variable). I never
bothered about variable as I had no intention to stay for 1 year and go through
the appraisal process to wait for the company to give me a hike.
Q: So you decided
on your own hike?
A: Yes, in 2003, I could see the slowdown
coming again in future like it had happened in 2001-02. Though I was not sure by
when the next slowdown would come, I was pretty sure I wanted a ‘debt-free’ life
before being laid off again. So I planned my hike targets on a yearly basis
without waiting for the year to complete.
Q: So are you debt-free now?
A: Yes, I earned so
much by virtue of job changes for money and spent so little that today I have a
loan free 2 BR flat (1200 sq. feet) plus a loan free big car without bothering
about any EMIs. I am laid off too but I do not complain at all. If I have laid
off companies for money, it is OK if a company lays me off because of lack of
money.
Q: Who is complaining?
A: All those guys who are
not getting a job to pay their EMIs off are complaining. They had made fun of me
saying I am a job hopper and do not have any company loyalty. Now I ask them
what they gained by their company loyalty; they too are laid off like me and
pass comments to me – why will you bother about us, you are already debt-free.
They were still in the bracket of 12-14 lakh p.a. when they were laid
off.
Q: What is your advice
to professionals?
A: Like Narayan Murthy had
said – love your job and not your company because you never know when your
company will stop loving you. In the same lines, love yourself and your family
needs more than the company’s needs. Companies can keep coming and going; family
will always remain the same. Make money for yourself first and simultaneously
make money for the company, not the other way around.
Q:
What is your biggest pain point with companies?
A: When a
company does well, its CEO etc will address the entire company saying, ‘well
done guys, it is YOUR company, keep up the hard work, I am with you.” But when
the slowdown happens and the company does not do so well, the same CEO etc will
say, “It is MY company and to save the company, I have to take tough decisions
including asking people to go.” So think about your financial stability first;
when you get laid off, your kids will complain to you and not your
boss.
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