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Career Growth
1w (edited)
pleasantfox
·
works at
Insurance Sector

Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific)
* Work in a role for max 2-3 years and switch when you feel you are done.
* By age of 30, if you are still earning less than 10 lakh you are not growing
* By age of 35 you must become AVP as no company will hire AVP if you are more than 36.
*Be loyal to your self, not your organization.
* Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise.
* Buy a property, and pay loans before 35.
In tough times it's only Savings that give you cushion and peace nothing else
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