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The content of this test is confidential. Aspiring Minds owns the intellectual property rights as defined by law. To ensure confidentiality, you must agree to the following terms and conditions before taking the test:
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You will receive warnings if prohibited behaviour is detected. Multiple instances of prohibited behavior will result in automatic shut-down of the test and rejection of your application.
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Is Coronavirus Going To Affect Your Job Profile And Salary?
As per the coronavirus updates, over the past few months, the Indian economy has been rocked by the pandemic. Every day, we hear news of massive lay-offs and extreme salary cuts. However, on the brighter side, industries that have not been negatively impacted by the coronavirus pandemic continue to hire potential candidates remotely.
Looking for a new job during this pandemic is uniquely different. Traditional ways of hiring have been disrupted and replaced by the virtual mode of interviewing.
The major changes are going to be in job profiles and the salaries attached to those position tags. So, you better keep up with coronavirus updates to learn about the changes happening in your domain to target your job search.
Impact Of Coronavirus On Job Profiles
Due to the reduction in the workforce, you might have to shoulder additional responsibilities. And, if the behaviour of customers and vendors continue to change because of social distancing or cost control, then you will have to come up with new and innovative ways to fulfil your tasks.
For instance, as a sales executive, you might have to look after more accounts. This will have an impact on both short-term and long-term goals. Due to remote working, you will have to learn new software to stay connected with your clients.
COVID-19 Salary Effect
Companies are putting measures like salary cuts, cancelling bonuses and appraisals to increase the chances of business continuity.
So, you might feel that it is unfair but it is increasing your chances of retaining your job. Having less salary for a few months is better than being unemployed, especially during these trying times.
In addition to that, many companies are giving their employees permission to earn a side income by consulting, designing, coding and writing, which was earlier prohibited. You can either do that during weekends or after office hours without impacting your current job role.
Future Coronavirus Impact On Job Profiles And Salaries
In addition to that, job profiles like Data Scientist, Digital Marketer, Cloud Engineer, Cybersecurity Specialist and sales executive are in demand and will continue to be in demand. So, if you are affected by a salary cut, then try to figure out if your job is at risk or not. If your job is at risk, then start looking for job openings.