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Welcome to the Daily Rundown! These are the top news stories for Wednesday, October 30 — Startups rethink employee exit policies, Indian law firms increase global footprint, and more. 1️⃣ Finance on the lookout for specialists: More mid-career roles are emerging in the banking and financial services industry as digital adoption gathers steam. Professionals specialising in credit analysis, data science, software development, and cybersecurity, among other functions, are now in demand. Vamsidhar Ambatipudi, FRM, FIAI, CERA, MBA (IIM Indore) shares why upskilling is a non-negotiable for finance professionals: https://lnkd.in/ggbJ9pUd 2️⃣ Startups rework employee exit policies: Startups are tweaking employee contracts to protect their intellectual property and maintain data privacy. But not just that — they are doing this to also discourage senior executives from moving to a competitor or founding their own companies on the same lines. Sowmya Prasad explains how employee exits can be streamlined: https://lnkd.in/g_3wWHJq 3️⃣ Indian law firms go global: India-based law firms are competing for global opportunities in arbitration, cross-border deals, and fundraising. They are also launching offices in places like Singapore and Dubai. Maulik Vyas delves into this trend: https://lnkd.in/gv4VqGbT 4️⃣ DTH losing out to OTT: Direct-to-home (DTH) players have seen their revenues decline with more consumers now going for digital options. While people are still engaging with DTH services, the time spent on them has gone down, say industry executives. Roshni Shekhar shares how the revenue gap between DTH and OTT players will widen further: https://lnkd.in/gpym7ATD 5️⃣ Brands woo Gen Z concertgoers: Nearly half of all Gen Z consumers in India buy products from brands that sponsor music events, concerts, or live shows, according to a report by Spotify. Another way brands are tapping into Gen Z preferences is backing video podcast hosts. Chirag Vegad says brands must co-create with Gen Z: https://lnkd.in/gE6xRx_B 💬 What’s your take on today’s stories? Share in the comments section. ✍️: Abhiraj Ganguli 📷: Getty Images #DailyRundownIndia

Effective public speaking goes beyond just words, says LinkedIn Top Voice Takesh Singh. He instead believes that delivery plays a crucial role in engaging an audience. Highlighting three key ways to improve delivery, he says that one must ensure their tone follows intention, pause with purpose, and use gestures to enhance the delivery. What are a few qualities that all good public speakers possess? Share your thoughts in the comments section.

Experience is overrated in job hiring, especially for fresh graduates, says LinkedIn member Chetna Mishra. Instead, recruiters must focus on the importance of potential, passion, and a willingness to learn, she says. This gives young professionals the opportunities to prove themselves, thereby fostering creativity and innovation, Mishra adds. How should recruiters focus on while hiring fresh graduates? Share your thoughts in the comments section.

Rajan Singh, founder at HabitStrong, shares an experience of working till late to meet a deadline. It initially felt rewarding but led to sleep deprivation and decreased productivity the following day, he says. One must not over-exert themselves as it will only lead to burnout, he says. Instead one must follow a balanced approach which will lead to sustainable productivity, Singh adds. What's your approach to being more productive? Share your thoughts in the comments section.

In today’s News Wrap, we ask: What is your approach to achieving career goals? Also in the News Wrap: The pet fashion industry has seen sales double this festive season, and India Inc is celebrating Diwali with employees. Thanks to Ishmeet Singh Chandiok for his comment on pet fashion trends, Saurabh Shah (He/Him/His) for his comment on festivities at India Inc, and Pratiksinh Chudasama ❤️🙏 for sharing how to approach career goals. #EveningNewsWrap Source: Ajay Rag - The Economic Times (https://lnkd.in/gD_FNesf) prachi verma and Brinda Sarkar - The Economic Times (https://lnkd.in/ghhDU66f) https://lnkd.in/g-k72NrR https://lnkd.in/g_J_8_9e https://lnkd.in/gFmFHxKh ✍ : Novinston Lobo, Neha Upalekar

Software engineer emerged as the top job among professionals migrating back to India, according to LinkedIn data. Highlighting a shift towards the digital economy, the role has retained its spot from 2019 to 2024, the data suggests. What factors are driving reverse migration trends for Indian software engineers?Early retirements, opportunities to invest, and spending more time with family are why engineers, who moved abroad a decade ago, are coming back to India, says Aditya Vivek Thota, Senior Software Engineer. Tune in for more insights from Vivek Thota, and share your take in the comments — what are the challenges and benefits professionals face when returning to India? 📊 : Yao Huang, LinkedIn's Economic Graph #LinkedInVideo

About 38% of women in India list a career break for parenting on their LinkedIn profiles compared to only 9% of men, reveals latest data from LinkedIn’s Workforce Report (WFR). What can companies do to support women returning from a career break? “Make sure to provide a familiar environment and that could be in the form of training or mentorship or upskilling. All this can make her transition smoother and help her gain confidence,” says Nandini Chatterjee, Former CMO at PwC. Tune in to the video below for more insightful data from the WFR, and check out what Chatterjee, Padma Rajeswari, and Riddhi Sharma share on the same. How can firms support women after a career break? Share your take in the comments section. 📊: Danielle K., LinkedIn's Economic Graph 📹: Isha Chitnis, Ajithesh Guru Prasath ✍️: Abhiraj Ganguli, Neha Upalekar, Raunak Ramteke Methodology: If not explicitly self-identified, the gender of members included in this analysis have been inferred either by the pronouns used on their LinkedIn profiles or on the basis of first name. Members whose gender could not be inferred as either man or woman were excluded from this analysis. Data from profile listings as of June 2, 2024. #LinkedInVideo #WorkforceReport

Bengaluru is shining bright when it comes to salary increments, The Economic Times reports, citing a study by TeamLease Services. Professionals in the city saw a year-on-year salary increase of 9.3% in FY24 — the highest across India. In fact, Bengaluru is the highest-paying Indian city with the average unified monthly salary, across both the temporary and permanent markets, being ₹29,500. Bengaluru is followed by Chennai, Delhi-NCR, Mumbai, Ahmedabad, and Pune, the study shows. Which sectors paid the most increments in India? Retail, BFSI, and consumer durables. Hikes were moderate in sectors like FMCG, healthcare and pharma, and logistics. “The report highlights a positive trajectory in India’s job market, with significant salary growth across cities and industries. The narrowing salary gap between permanent and temporary roles in sectors like consumer durables, and construction and real estate show that companies are focused on talent equity and long-term retention,” says Kartik N., CEO – Staffing at TeamLease. Source: The Economic Times - https://lnkd.in/g9CgvDXY ✍: Ankita Sajal 📷: Getty Images #Bengaluru #Salaryhikes

Internships are overrated, says Zaid Merchant, Associate - Operations and Recruitment at The D. E. Shaw Group. While internships still offer valuable skills, mentorship, and insights into workplace culture, relying solely on them for job security may not be a good idea, he says. "Go beyond the obvious. Do what truly sets you apart. Success demands creativity and courage," Merchant adds. How can professionals stand out during their internship period? Share your thoughts in the comments section.

In a service-based business, the "word of mouth" form of marketing is overrated, says Jasim M., founder and Design Director at Studio Cave. He says that even though he found success initially through referrals, he realised that this approach limited his control over the direction of the project and made it difficult for him to adjust pricing. Therefore, he decided to actively promote his work, which has helped him attract clients who value his design decisions. What should a business's marketing approach be when starting out? Share your thoughts in the comments section.