Reality of Corporate Job after 5 Years - Your experience doesn't matter | IT job in 30s | IT Layoffs

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Ageism in corporate job is a part of the harsh reality of corporate job IT employees and Tech employees face. The reality of corporate career which we often try to look over is that it prefers freshers who can learn faster over those who are more experienced but less flexible and expensive to employ. This dark reality of corporate jobs or dark reality of corporate world often goes unnoticed and because of certain mistakes made by corporate employees and IT employees in 30s and 40s, they start suffering in this reality of corproate jobs even if they have a good profile and experience.
In this video, I talked about the ageism in workplace that plagues corporate jobs. Ageism in Tech and ageism in software development are some of the most pronounced forms of ageism in corporate jobs or ageism in the workplace. This reality of the corporate world is that this ageism in tech and ageism in software development is not often noticed by IT employees and corporate employees until they face problems within their IT Jobs and Corporate jobs. We have seen during the layoffs 2024 saga that a lot of experienced corporate employees were replaced by freshers because of the changing demands in the market as if to say that your experience doesn’t matter.
Corporate life and corporate career need to be planned as per good corporate career guidance. IT Job after 30 or IT Job after 40 are difficult to plan for in advance but you should prepare for this harsh reality of IT Jobs in 30s well in advance so you can face it later. Career after 40 years age or IT life after 40 years age comes with its own set of challenges which are very difficult to face as we get older. This is the the truth of corporate job and the IT job reality which most corporate employees and IT employees understand very late.
IT career after 40 years age or Career after 40 years age in general needs to be planned as per sound career guidance. I regularly create videos about the reality of corporate jobs and the reality of IT jobs to help those looking to get into IT jobs and Tech Jobs understand the harsh reality of the corporate world and plan for the same. If you want deeper understanding of the reality of IT Jobs and the ageism in tech then make sure to watch other videos I have done about the Layoffs 2024, return to office in IT jobs, work from home vs work from office, IT industry news, Tech trends update, TCS News, Infosys News, Wipro News, TCS vs Infosys vs Wipro, and IT industry share news. Hope you find this video valuable, see you in the next one,
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I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video
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[@PavanSathiraju]

Join "Inquisitive Minds" the continuous learning platform I am developing with a fellow INSEAD classmate. You get access to intellectual thought processes / conversations for 1-hour a week (LIVE). This could change your career trajectory slowly:) Every Sunday same time. 11:30 AM IST. If you can't attend the session - you get the recording! Here are the next five sessions: 1. Improve your guesstimate skills to be an effective problem solver 2. Leverage 'design thinking' to be more creative thinker 3. Gen AI in todays corporate world & how to leverage it effectively 4. Enhance your People Skills to fast track your career 5. Digital marketing skills for personal & professional growth Do join here: inquisitiveminds.ai/

[@ABHISHEK-AVK]

Hi Pavan, could you please help us in achieving these points like......Networking, Advisory Roles opportunities, reaching out to recruiters, through this KZbin channel/platform.

[@lisboaprince4513]

Sir can u please give ur honest reply. How much money if u had right now would u think retiring from ur job?

[@povlifestyle]

Well I have 14 years of experience in IT infrastructure and cloud. My experience is if you want to stay in a tech individual contributor role post a decade and half it's must to take the SME or architect role else take the management route like the team lead or manager profile. I see people with 10-20 years of experience technically outdated never jumped the professional ladder with no desire for hikes or switching. These people are heading towards career suicide. As it's true more experience doesn't mean you are good tech because it's skills that matter. Moral of story keep on learning new things to survive in IT. It's an industry of skilled professionals and merciless during layoff times, so stay skilled.

[@ADabtU]

@@povlifestyle and stay relaxed

[@ADabtU]

I have started my IT career in 30's(after all non IT adventures) and I have strongest belief in myself. I watch your video for one of the perspectives.

[@TransformEveryday-su2mn]

How is it going.. please do share your experience..

[@ADabtU]

@@TransformEveryday-su2mn still WIP (may be back to this thread after few months, or years down the line

[@divyamohan9387]

Bro can you tell me that one can get job in it industry​ with only basic codings skill. I'm still in 4th year bro. Is it easy to get a job for a fresher like me?@@ADabtU

[@kevinvarghese4752]

Me too started in IT @30 and switched from an almost permenant job . Pretty much WIP.

[@starz2020]

that is why i decided to work in a government agency....i have been working for 15 years and although there are limited promotion and career advancement, there are work life balance and peace of mind compared to working in private sector

[@kksaurab]

Bro don’t compare your boring government job with corporate job. Everyone doesn’t want to work till 60.

[@Godgodgod203]

@@kksaurab govt job might be boring but really stable and no fear of job loss and pressure . Also as said above there is work life balance and peace of mind

[@srikanthsv79]

​@@Godgodgod203isnt job loss good? You get better offer that's all

[@starz2020]

@@kksaurab boring comes with good benefits.. exciting jobs comes with stress

[@kksaurab]

@@starz2020 what kind of benefits are you getting only job security apart from that nothing.

[@zameerahmed1775]

1 page resume ...... I really like it. Skiil set should speak if we fit the bill.

[@girishtallamraju207]

The IT parks under SEZ are bringing in rent, and that's their priority. Employees with tenure of 3 to 10 plus years need to switch or or upskill or both or acquire wealth not just salar. Kindly run this thought that we will age and plan accordingly

[@roronoazero814]

upskill itself is not enough , nowadays young people are wayy more prepared and nurtured to compete against the older workforce its just that older folks should use their money and use it on young people and make money out of it, by providing value

[@girishtallamraju207]

​@@roronoazero814 agreed....it's no longer a competition....it's a collaboration

[@VenkatBala-jv2yh]

First of all, which company gives 15% hike to employees who are seniors. 90% HRs lie during recruitment Only irresponsible people attend interviews unprepared

[@skreddy48]

Appreciate your videos. But your videos (not just this video) mostly talk from the perspective of service organizations/consulting. However, some of these parameters might not fully apply to a product based tech company and roles (which are getting increasingly common in India). Just a thought. ✌️

[@kandycan]

Switching is always beneficial. it doesn't matter if you lose some time, u want that CTC tag because companies give hike on CTC. So now you know it's not the employees but the way you evaluate our worth. so continue that and employee will continue to switch. and one must switch.

[@yogeshpal615]

Correct, I'm facing this scenario now and regretting not switching frequently. I stayed in one company from like last 4 years, company only give 2 appraisals of 10% to everyone and cancelled 2. Meanwhile within this tenure my friend switched 3 jobs and took 40% to 80% raise and how his CTC is 2.5 times then mine. It's a shame on employee to show loyalty these days especially when a person is young.

[@kandycan]

@@yogeshpal615 what these people do not understand is that they are too stupid to realize that their very first question about "what's your current CTC" and not telling "the CTC being offered and the role they are hiring for" is so so awful. They do not want to accept the issue they have with hiring. And this person who made this video won't even read my comment because he feel godly of himself and he just knows whats the issue. And that is.. "the employee". The employee is the punching bag in every situation.

[@Udit.Bhalla]

Sir, there is a world outside IT also. And you yourself are from consulting background. Please make some videos about other industries also, comparing them with IT. For example Law and Finance industries, where the individuals are valued because of their network of clients and these individuals don’t loose there relevance with time. In fact they only gain value with time. A new fresher lawyer can never compete with a lawyer with 15 years of good reputation built. But in case of IT a fresher software engineer who is highly talented can easily challenge a 15 years experienced software developer on a technology which arrived just 2 years back for example. In this case even if the experienced came out to be a bit more efficient the thing is will company spend 5X more for him when a similar resource at 1/5th price is available?

[@Udit.Bhalla]

I’m a recent graduate engineer from a premier institute of New Delhi. I hate the idea of dealing skills with money. Your skill may be relevant today but not tomorrow. It’s very volatile. You are not building anything. Selling your network which is slowly built but ever growing and building a reputation in market for goodwill will always be more valuable. It’s in real terms a career. because when I think of career, what comes to my mind is a long term progressive and stable thing.

[@sachuv2737]

15% of hike😂, which company gives yearly hike of 15%

[@santhosh4965]

I'm getting ~20% hike for every 6 months and my colleague's are getting min 30% hike/year

[@soldierking6859]

​@@santhosh4965 so now it's time for you to tell the company name , so that me and my fellas could apply 🥳

[@FraudInvestigator-ls8wi]

😂​@@santhosh4965

[@PraveenKumar211287]

I upskilled myself during COVID and continued my career

[@roronoazero814]

You are doing more harm experimenting on stuffs it becomes a habit and you wont be able to settle on one descision cause almost everything has equal opportunities to make up your passion ladder and also hatred ladder , there is no passion , the amount of work you spend on something becomes your passion so better to look for what you are already good at (being doing since childhood subcounsciously) even if its something very small for example like "how to walk straight" not many people can even with two legs, you can make a lot of money providing your fair share of advice and investions in it

[@darshankhairnar3511]

how, as a 1-2 years of experience, wherever I am finding any job posting, every one wants experience between 5 to 10 years. and you are saying this. what's going on

[@srikanthsv79]

Build your networks

[@SushmaPolisetty-w6p]

sir, no service provider like HCL, Cognizant, Accenture and small companies are giving 15% appraisal, there best performer is getting 7% and good performer - 4% since 4 years, Product based big well established companies are giving as you said near to 15%, so why would employee from the said before organization will not aspire to jump to another company.

[@abdulquadiransari7476]

I agree.

[@Saurabhdwivedy]

And here in our Uttar Pradesh government teacher are protesting against the online attendance system they are just enjoying the heavy salary in their hometown.

[@devk6739]

😂😂😂😂... Let them enjoy

[@tony_montana9122]

@@devk6739 THEY PROTESTING BECAUSE DUE TO NETWORK ISSUES IN RURAL WORK STATIONS THEIR WORKING DAYS ALSO MARKED AS ABSENT,NOW DAYS LOT OF SUPRISE INSPECTIONS ...AND VILLAGERS ALSO RECORD VIDEOS AND POST IN LOCAL GROUPS

[@streaming4coimbatore620]

As long as you reskill to New technology ,you can jump every 18 months. I know people get 20 L in 3 -4 year experience in tier 2 IT companies.

[@akparanjpe]

That may work initially and you may be able to reach a 40-45lpa package but growth beyond that will be very tough by just switching jobs

[@streaming4coimbatore620]

@@akparanjpeReality is different as we switch more vast experience with produc/Service /and various scenarios and more networking will land them on better position than others. I have seen them in real time .

[@ninadpalande1087]

Which company gives 15℅ hike yearly?

[@educateus85]

I graduated in 2022 with a degree in civil engineering. I chose to wait for Infosys instead of joining UltraTech Cement because both companies selected me. Despite waiting since 2024, I haven't received a joining date from Infosys. I've also completed a developer course, but finding an IT job has been tough. When seeking referrals, some hesitate because of my lack of experience and civil engineering background.

[@Aman_S6]

u should have joined ultratech

[@ravikishore3145]

jab mai fresher tha tab log bole ki experience chahie hota hai. Ab ye bol raha ki fresher chahie. Saala KZbin revenue ke lie Etna content daal rahe ki dimag kharab ho raha hai.

[@raghavsridhar]

Brother same thing happening with me also

[@Sarcasmka14]

Government job still top 😊

[@kamartaj3010]

My friend with just 2 years of experience earn 2 lac per month. I earn 1.5 lac per month with 2.5 years of experience. Not much work stress. My increment this is pending which due in September. No govtment job pays this much. Two of my classmate left their engineering post from navratna PSU to again rejoin corporate reason they were earning 90k there. And in corporate they are paid 2.5 lac per month. They are in different industry from me so they get paid more. Earn money and retire early. No one wants to earn till 60 these days. Even the govt one. Stress is in both sector.

[@makakamir]

what is your role to get that much amount brother? And what about your friends which roles​@@kamartaj3010

[@eldorado6353]

​@@kamartaj3010 Which role and company?

[@kksaurab]

You will be trapped for 60 years 😊

[@VigneshVicky-cn8ek]

lazy people choose government roles more dynamic and enthusiastic people prefer corporate.

[@user-sq9rm3or8z]

How this span with a guy with 25 yrs in Banking Tech and Program Mngmt

[@akashjarile]

what if company gives 0.01% hike (600 rs ) for senior persons ?

[@rejectionistmanifesto8836]

Why do you folks have kids when you will lose your jobs as the collapse continues

[@animeshparida1234]

Leave that company asap

[@PrashantKumar-ej5un]

Don't waste your time there 😂

[@karthikr3969]

TCS ??😂😂

[@sathish_vj2890]

😂

[@PKV54]

Wonderful video Pavan, I am in the same boat, with 22+ yes of IT exp, into program management, agile, etc. Please advise on the upskiling plan

[@atiquehussain3631]

Very informative video. Can you also make a video on how to join social impact consulting firms like dalberg/ fsg without getting into an MBA. Specifically for armed forces people with 10yrs experience. Regards

[@sarath984]

Who is giving 50% hike boos Only 5 %

[@whateven6394]

which company is giving 15% hike bro 😂

[@dsinghr]

What he meant was stay in same company for one year, get promotion and then you will get 15 percent

[@RockLine92]

No bro, I don't believe that.THe Experience still counts. I don't think India is applicable maybe in foreign, but in Indian not chance.

[@arnabghosh6190]

Nice content to sell your course

[@naveengaddam9052]

If I get 30 percent hike, it is worth jumping the ship

[@tony_montana9122]

TRY TO SWITCH TO CONSULTANCIES LIKE BIG 4 OR BANKS LIKE JP MORGAN OR AMEX...THEY HAVE EVERGREEN CAREER TRAJECTORY

[@civilpractical8845]

I hope this decade all students only go IT professional because I am in core engineering branch

[@nishu7sun]

2-5 years is good to stay in a company?

[@abdulquadiransari7476]

actually not. It must be 3 years of stay in one company. In a worst case scenario it has to be 4 years.

[@lisboaprince4513]

In Europe age is not a criteria to judge people

[@Ishanth788]

In India AGE IS A MAJOR CRITERIA

[@dhiokr880]

Not agree with view

[@Raja-ct9xq]

Moving to different project also make you start everything, common scenario in service based companies.

[@whateven6394]

pharma me they want min 5 yoe 😂

[@ashj0001]

15% hike. Lol

[@user-bo8wp1iy8c]

Just to be clear your video sounds like bs

[@HimalayaGarg]

15% increament in previous company... Are you jocking.. big IT companies giving 2-3% hike in 2 years

[@debarshidutta349]

TCS and HCL still there to give shelter to ppl after 38 ..40 till 55

[@jaswanthishameditator333]

👌👌👏🫰❤️