Led by the Covid-19 pandemic, as more companies announce the extension of work-from-home policy, the Indian workforce is witnessing a behavioral shift. The remote working revolution saw many employees enjoy greater flexibility and control on their personal and professional lives including saving on huge commute times. As a result, Work From Home jobs have witnessed a 7x growth in applications in the last few months as compared to pre-COVID times. Hiring for remote jobs too has seen a robust growth and has increased by 3Xas compared to pre-COVID levels this year. Even the percentage contribution of WFH jobs has gone up by 4X in 2020 versus 2019as a result of the global pandemic. The keyword,‘Work From Home’ has been one of the top 3 most searched keywords by jobseekers in the last five months on Naukri’s platform.
Commenting on the data trends, Pawan Goyal, Chief Business Officer at Naukri.com said, “We have seenthe Work From Home trend grow in the last few years but the growth has accelerated multi-fold due to the global pandemic. While the office is here to stay, greater acceptance of remote working will pave way for a hybrid-working model in the coming future. It’s also interesting to note that traditionally office based or on-ground roles such as Sales/ Business Development and Customer Care Agentsare now being offered with WFH options.”
Around half of remote job postings are from the BPO/ ITES sector, resulting in robust growth of WFH jobs from the industry. IT-Software, Education/Teaching and Internet/Ecommerce contribute to another quarter of work from home jobs. WFH jobs have also emerged in unlikely sectors such as Publishing, BFSI and Education/Teaching that have conventionally required the physical presence of the employee. However, the most impacted industries like Travel and Staffing continue to declinein hiring even in remote jobs.
The WFH trend was also a recurring topic discussed in webinars organized as part of Naukri’s Step-Up initiative and saw many queries directed to industry experts from jobseekers on remote working jobs, increasing productivity and communicating with teams and managers effectively in these times.
The USA’s Biggest Luxury Resort Openings of 2020
Whilst this year has thrown more than a few curveballs to those in the business world, there is one industry that is determined to keep pushing forwards. The hotel industry has never been one to rest on its laurels and 2020 has been no different. There have been dozens of huge resort openings across the globe this year, but these American offerings are the biggest and the best of them.
Circa Resort & Casino, Las Vegas
Circa has definitely not come sheepishly on to the Las Vegas scene. In their own words, ‘We go big. We go all night. And here, everyone is on the guest list. So get loose and get loud. This is Circa. The time of your life.’ If you’re competing with the biggest and the best then it pays to make some noise and tell everyone what you’re about. Vegas is a hyper-competitive casino resort scene and it looks like Circa won’t be going quietly.
The rooms are all styled to a slick Old School Vegas standard, but their most exclusive offer is our of this world. The Founders Suite features two large bedrooms which both look out over the Las Vegas strip. In the 1830 square foot space, guests will find a luxurious tub, two giant mattresses, a full size lounge-diner and even a fireplace. The suite feels luxurious from the moment you step inside, but the real selling point of Circa, isit’s extra activities.
Their state of the art casino offers not only all of the traditional table games that you’d expect, blackjack, craps, 3-card poker etc, but also offers electronic versions of them. The strategy involved in playing roulette is much the same in an electronic format, as in a ‘real wheel’, but there are games where online versions differ greatly. This combination of different formats will allow players to game where they feel the most comfortable.
Camp Sarika, Utah
Aman Resorts have had a busy year with not one, but two new openings. However, Camp Sarika is certainly the most picturesque of the two. Set in acres and acres of open desert, this tented resort is the perfect retreat from city life. Whilst many of us associate ‘tented resorts’ with camping, Camp Sarika could not be more different. Each of the tents comes with its own private, heated plunge pool and a gorgeous terrace set around a fire pit. Its everything you’d expect from a luxury hotel, set right in the middle of Amangiri.
There are five national parks and the Navajo Nation Reservation within just a few miles of the camp, so its the perfect place for nature lovers. The landscape here is breathtaking, mesas, canyons and craters of jaw-dropping proportions are all around you. You can’t help but feel connected to nature as you settle in to a guided meditation session, or a yoga practice amidst the wilderness.
As well as adventuring and soul searching, Camp Sarika also offers plenty of delicious evening activities. Their restaurant sits right in the main pavilion and offers a daily changing menu of locally sourced dishes. Whether you’d like fire-pit roasted meats, or a fresh vegan salad, there’s something rustic and life-affirming for every palate.
Riggs, Washington DC
If Camp Sarika is the wilderness lover’s dream retreat, then Riggs is the cosmopolitan equivalent. Set in the former Riggs National Bank Building, this imposing resort sits right in the middle of the hustle and bustle of Washington DC. The property it sets in already has a rich history of its own and the resort owners have made subtle nods to this throughout the interior design. For example, each of the rooms features little touches as you would find in a safety deposit box, whilst the communal areas of the building feature images of the Golden Age of Banking.
The ground floor is taken up by the glamorous Cafe Riggs, which is open to guests and the public alike. It feels incredibly European inside the cafe, with large windows, white linens and a fresh, sophisticated menu. Vegetarian and vegan diners will be delighted at the heavily plant based selection of dishes, which merge seamlessly from breakfast through to dinner.
If you fancy food rather than drink then Riggs has got you covered. There are two bars with their own unique personalities. The first is on the lower ground floor in the heart of what was originally the main bank vault. If you’d prefer a little more natural light, then the top floor of the resort offers an incredible view of the surrounding city, as well as drinks and bar snacks. A Rosa Spritz, accompanied by a light plate of ricotta and peaches, whilst looking out over Penn, is a luxury experience that is hard to match.
Digital Industries that are still providing opportunities for Startups in 2020
Whether it’s your first time or your fifth, starting up your own business or enterprise is no easy feat. The business landscape had been completely revolutionised in recent years however, especially thanks to the emergence of digital industries and tech trends. As a result, there are many more areas now in which fledgling businesses can be set up that offer great prospects and the potential for growth.
Many more investors, too, are taking an interest in the tech sector, as it’s one of the more stable industries that does seem to offer a security that others can’t in the rapidly increasing digitilisation of the world.
Here are five of the most promising industries that are still providing great opportunities for startups in 2020.
Short for Financial Technology, FinTech has been a top industry for startups for a few years now, but it really began to take off in 2018, when the update to the EU’s Payment Services Directive – PSD2 – came into effect.
This new regulation had a two-fold effect; consumers became better protected during online transactions, and businesses in the industry were able to develop innovations like Open Banking. Consequently, third party organisations have also been able to gain access to consumer banking data (with their permission) leading to a boom in fintech startups who are looking to provide the services that consumers just can’t get from traditional banks.
The industry is fast becoming more competitive, but there’s still plenty of room and need for original ideas, or products targeted at specific demographics.
Gaming is now a vast industry that spans not just PC gaming, but specialised gaming genres like Fortnite‘s Battle Royale, professional eSports tournaments, iGaming platforms like PokerStars, mobile gaming, and even Virtual Reality games through platforms like Steam.
The gaming industry as a whole is expected to generate a total of $159.3 billion revenue in 2020 (a 9.3% year on year growth when compared to 2019), that is projected to reach over $200 billion by 2023. It’s a highly lucrative industry, particularly the mobile market which, thanks to smartphone penetration and a surge in popularity in gaming apps during Q1 2020, will account for revenues of $77.2 billion in 2020 – a 13.3% increase from 2019.
Mobile also has what are probably the lowest barriers to entry: there are now 5.28 billion people in the world who own a mobile device (just under 68% of the world’s total population), and gaming apps make up 33% of all app downloads across Android and iOS app stores.
Aka EdTech. This is undoubtedly one of the most lucrative industries to emerge in recent years – global investments in the sector reached a massive $16.3 billion in 2018 alone. It’s an industry that thrives on disruptive ideas that challenge the traditional methods of learning and education, plus as our lives become more digital there’s an increased need for integrated learning.
In 2020, education can and should be accessible by anyone anywhere; online courses can empower and mobilise disenfranchised sections of society, online training can provide affordable and sustainable skills development for organisations, and digital solutions can benefit both students and teachers via things like automated processes, AI based learning assessments tailored to each individual, Virtual Reality classrooms and so on.
Bio-hacking. It sounds gruesome, but it’s actually a growing practice amongst consumers that refers to the daily habit of making micro lifestyle changes that will scientifically transform a person’s physical and mental experiences. If you’ve come across bulletproof coffee or intermittent fasting, they’re both two great examples of bio-hacking practices. However, like many 21st century practices, bio-hacking is also intimately linked to technology, opening up the potential for start-ups in the wearable tech sectors.
It’s rare to find someone who isn’t interested in optimising their time, energy, nutrition or overall lifestyle these days, and that’s exactly what wearable tech like smart watches, fitness trackers, sleep monitors, and even Sci-Fi-esque embeddable implants offer. Widen the net even further, and there’s also a clear link between the efficiency of wearable tech with the modern consumer’s need to stay connected with people, news, and information on the go, so it’s no wonder this sector is expedited to be worth $34.61 billion by the end of this year.
Planning to pursue an MBA? Here are the 3 things you should consider
Making a decision to pursue your MBA is a huge step. Once you have finally made the decision, though, comes the hard part, getting prepared. Pursuing an MBA is a bit more involved than simply choosing a school and applying. Keep reading to learn about 3 ways you can help yourself prepare for your MBA.
Talk to Graduates
The best way to get your head wrapped around what this journey will be like is to talk to others who have already been there. It is best to talk to people who are currently working on their MBA or who have recently graduated. This will give you the most relevant information.
You may want to pick their brains concerning things like the time commitment. Realistically, how much time needs to be invested? This is a very important question if you will also be trying to work while earning your MBA. Another important question to ask will be what were the biggest challenges of the program?
If you do not personally know anyone working on an MBA right now, you can connect with students through your academic advisor or even through LinkedIn.
Some schools require that you pass the GMAT in order to be admitted to an MBA program. Preparing for this exam is an important part of the MBA process. If you do not wish to take the GMAT, you should look for programs that have no GMAT requirement.
If you have been out of undergraduate school for a bit, then the idea of heading back into the classroom may feel intimidating. The best way to get through this is by taking a refresh course or two. Many business schools will offer primer courses such as accounting, or business analytics which are a great way to get you warmed back up to the pace and expectations of regular classes.
Many primer courses are available online, which can be very helpful if you are still working or if you have not made a final decision yet about pursuing your MBA. Working through a few primer courses will give you the chance to see if you can realistically handle the workload in addition to your other life obligations right now.
Know Where You Are Headed
In order to save yourself some time and hassle, it is a good idea to figure out ahead of time exactly what you hope to gain from this MBA and what direction you want it to take you in. By the time people are ready for graduate school, most have a pretty well-defined idea of what their career path is. However, if you don’t, it is very important that you clarify and define this for yourself before starting your MBA. Most MBA programs will have distinct concentration areas. You will need to pick a concentration area before beginning your studies.
At this point in your life, you want to make sure that any investment of money or time that you make is well-targeted. You don’t want to waste time or money. Fine-tune your goals so that the concentration you pick lines up with your intentions and aspirations.
Earning an MBA is a great way to take your career to the next level. Use these tips to help you prepare for this big step.
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