business
Writing a Perfect Cover Letter: Important Factors to Consider
Most of you are familiar with writing resumes for a job application. While a resume is considered an integral part to showcase your qualification, cover letters are also equally important. But unfortunately, many people don’t have a clear idea about writing a cover. So how should you write a cover letter? And why is it so important for your job application? Let's find out.
What is a cover letter?
A cover letter is a one-page document highlighting all your relevant achievements. While a resume will focus on the objective achievements of your career, a cover letter helps you to elaborate on those achievements and how they can be best utilized to serve your potential employer. It acts as an insight into your personal life and gives the employee a brief overview of you as a person.
Read Things to Consider When Choosing an Internship
Why cover letter is important to get a job?
There are several reasons why a cover letter is important.
It tells the story
Every person has a core value, everyone has a story to tell. Your personal life story and struggles can’t be defined by some degrees, qualifications, and numbers you put in the resume. A cover letter gives you the perfect opportunity to talk about yourself. It allows you to demonstrate your skills and choices.
Through a cover letter, you can evaluate that why you would be a good fit for the company. Getting hired isn’t always about the qualification. It's also about showcasing whether your strengths, weaknesses, and mentality aligns with the organizational values or not, whether you can be a team player or not.
Read Perfect Resume: 12 Effective Tips for writing a professional CV
Building relationships
Your employer is the first and last hurdle when it comes to getting hired. As a result, it's important to start on a good note with them. The cover letter opens the door of communication in this regard. An employer would be interested in your ideas alongside your qualifications. If you can show a similar mindset and interest, it will definitely give you an edge over the rest.
Explains your references
Whether it’s a multinational company or any corporate house, personal references go a long way to get vetted before being considered for a position. What's more important is the depth of relationship you share with your references.
The deeper your relationship is, the better is the validity of the reference because they can give an accurate insight into your strengths and weaknesses. A cover letter gives you the option to showcase this relationship to the employer.
Read Considering a Career Change? 10 Questions to Ask Yourself
Factors to consider while writing a cover letter
Define the purpose of the cover letter
While we are exclusively talking about writing a cover letter for a job, it's not the only purpose of writing one. There are other reasons to write a cover letter like networking, job inquiry, and seeking direct mail opportunities.
Whatever it be, every cover letter should be purpose-defined. If you are writing a cover letter applying for a job, you can always refer to the advertisement for the job opening or any means through which you came to know about it.
Read How to ace a Job Interview?
Make sure you are addressing a real person
Too many people start their cover letter with “To whom it may concern”. While there is nothing wrong with it, it just shows your lack of research on the organization itself. Plus, your cover letter also becomes generic like every other applicant.
In today’s world, virtually every organization has a digital footprint. It’s quite easy to locate the HR official through the company website or LinkedIn. If you directly address the recruitment manager by name and position, it builds a better impact on your part.
Read Traits of the Smartest and Most Efficient Employees
Length of the cover letter
The job market and the process of getting hired are constantly evolving. There was a time when an organization used to have multiple physical interviews. But the pandemic has forced organizations to take a different route and move every procedure online.
The point being, you will hear many people saying there is no pre-defined limitation to writing a cover letter. However, the tradition always has been to write a one-page cover letter. This is a perfect size to showcase everything relevant to your merit and job requirements.
Read Effective tips for hunting jobs during pandemic
Be inquisitive
Don’t limit your knowledge of the job description alone. Applying for a full-time position comes with its own set of commitments. Before you write your cover letter, try and find out whether the organizational core values align with you or not.
Google about the company, check for their reviews and ratings. You can also network with current and past employees to get a detailed idea about how the company is whether it’s the right suit for you or not.
Read How to Restart Your Career after a Break?
Clearly define your role
Let's be honest, the HR manager won't have the time to go through your entire resume to pinpoint which position you applied for. Be concise and clear when you outline the position you are applying for. The perfect structure would be to follow up the position you’re applying for with relevant qualifications and skillset.
Pinpoint the qualifications
Your resume will outline all your qualifications and achievements. It's not possible to elaborate on every single qualification. You should pinpoint the qualifications that are relevant to the position you’re applying for and elaborate on them. This will help the employer to better visualize your strengths.
Read Post Retirement Career Planning: How to pick your dream job?
Proofread your cover letter
This is probably a very basic factor that often gets overlooked. A cover letter is supposed to be a showcase of all your achievements and qualifications. The last thing you want is for your employer to find a mistake in it. This not only shows carelessness on your part but also sends a negative signal to the employer.
Many employers discard any application outright if there’s a mistake or inconsistency in it. So, before you press that send button, make sure you’ve checked the whole cover letter properly.
Bottom Line
While many people would argue that whether you need a cover letter in this day and age, the truth is, you do. And most employer uses the cover letter as a primary vetting process. As a result, sending a crisp and impeccable cover letter will already see you undercutting the competition. We hope this article will help you to understand the basic etiquettes and factors of writing a perfect cover letter.
Read How to improve your professional networking skills?
Daraz celebrates 7th anniversary
Online marketplace Daraz is gearing up to celebrate its seventh anniversary with a campaign designed to express gratitude to its customers and well-wishers.
Daraz Bangladesh, a concern of Alibaba Group, has completed its seven years of operation in Bangladesh.
The online marketplace will run an online festival for its customers during September 2-8 as a gesture of saying thank you to all of its customers, patrons, and well-wishers.
The online marketplace officially announced the "Daraz 7th Anniversary Campaign" through a digital press conference from their Facebook page yesterday.
Customers will be able to enjoy different offers and deals during the campaign. Mystery box, shake shake voucher, mega deals, with up to Tk7,000 discount, prepayment discount, I love voucher, and flash sale are part of this campaign.
Read: Daraz ropes in Hasinul as chief corporate affairs officer
"I am thankful to all those people who have accompanied us through thick and thin. As a token of love, we have come up with amazing offers and deals as part of the anniversary campaign for our customers," Syed Mostahidal Hoq, managing director of Daraz Bangladesh, said.
The campaign has been co-sponsored by Apex, Dabur Herbal, Dettol, realme, Studio-X, and Savlon.
The brand partners of the campaign are Bruno Moretti, Dekko, Fabrilife, Focallure, Lafz, Logitech, Noah, Puma, Ribana, Rongon Herbal, TPlink, Motion View, Trendz, Emami, and Parachute Naturale Shampoo.
The global brand partners of this campaign are CKEYIN, UGREEN, Xiaomi, SKMEI Store, and Wiresto. The event partners are Binge, Ghoori Learning, Hansa Hotel, Cream & Fudge, Amari Hotel, Sky City Hotel, Burger King, 138 East and Dhaka Metro.
The payment partners are bKash, Brac Bank, City Bank, Islami Bank Bangladesh, PBL, Shahjalal Islami Bank, and Southeast Bank.
During the campaign, consumers paying with bKash can enjoy 15% instant cashback (maximum Tk200).
Meanwhile, PBL, City Bank, Shahjalal Islami Bank, Southeast Bank, Brac Bank and Islami Bank Bangladesh customers can avail of a 10% discount (maximum Tk1,500 per transaction twice), according to a press release.
Pran launches food assistance programme for lower and middle-income people
Pran-RFL Group has launched the campaign "Ahar Hobe Shobar Ghore'' under the "Pashe Asi Bangladesh'' initiative for lower and middle-income people.
"Pashe Asi Bangladesh" is the CSR initiative of Pran-RFL – aimed to help the low-income people affected by calamities and crises. Under the initiative, the group started distributing emergency food and protective items to low-income groups and hospitals when Covid-19 unfolded in the country in March last year.
READ: Pran Drinking Water gives food to the needy in Ramadan
"Many people around us were self-sufficient, but they have now become helpless due to Covid. They need food assistance but do not seek out help when they need it. We urge them not to hesitate to dial our number to get food aid. We will maintain confidentiality," Pran Managing Director Eleash Mridha said at a press conference in the capital Thursday.
Uzma Chowdhury, director of corporate finance at Pran-RFL Group, said: "We already distributed food support to more than 1 lakh people who became workless due to the pandemic under the CSR program 'Pashe Asi Bangladesh.' Now we aim to support lower and middle-income people with food assistance."
READ: Pran Agro issues 1st internationally guaranteed bond in Bangladesh
"The food item includes Pran rice, dal, oil, salt, puffed rice, toast and noodles. People will be able to get the support through email [email protected] along with dialling 02222281792. They can also seek out help through our social media pages, including Facebook," Nurul Afser, head of Corporate Brand at Pran-RFL, said.
Walton Plaza inks deal with Walcart
Walton Plaza, sales outlet of Walton, has become an exclusive partner of Walcart, an upcoming e-commerce platform of the same group.
Now Walton customers can easily purchase various electronics and electrical products, digital devices, home appliances from around 400 Walton Plazas across the country and get necessary support through Walcart.
Thursday, both organisations inked a deal in the city in this connection.
Read: Walton, Walcart announce exclusive partnership
Walcart Managing Director Sabiha Jarin Orona and Walton Plaza Chief Executive Officer Mohammad Rayhan signed the agreement.
"Walton Plaza has been selling Walton products and providing services to the customers for a long time. With the formal agreement, Walton Plaza has joined Walcart as its exclusive partner. Now customers can easily purchase various products and get services from Walton Plaza through Walcart," Sabiha said.
READ: Walton compressor gets ACMI award
"E-commerce is an excellent solution for busy people in the modern world. However, customers want reliable e-commerce companies in Bangladesh. We believe, Walcart will be a good example in this sector. Walton Plaza customers across the country will get their required products and services from here," Rayhan said.
Walcart will have over 150 types of products and services, including fashion, lifestyle, electronics, food and beverages, and sports of top and reputed domestic and global brands, according to a press release.
Businesses on Facebook: Httpool Bangladesh holds capacity building session
Httpool Bangladesh, an Aleph Holding company and the largest global partner of major media platforms, Tuesday conducted a virtual knowledge sharing session for all fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) businesses.
The session "Connecting with the new digital shopper" discussed the marketing best practices for FMCG or CPG brands.
Technology has enabled consumers to shift buying behaviours online. So, the Httpool Bangladesh team talked about unlocking best practices, enabling the FMCG marketer to reach out to the shoppers and deliver value across the purchase funnel.
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On behalf of Httpool, Shamma Rahman, Facebook client partner and Tithi Chowdhury, Facebook client partner, conducted the session.
The entire session primarily covered insights and best practices the brands can explore to improve their business activities. The main topics covered were key trends impacting CPG, Facebook discovery commerce, best practices for media excellence and the importance of measurement.
"Ever since the onset of the pandemic induced lockdowns, there has been a shift in the way people discover and buy products, especially the daily essentials. With the growth of online sales by 70-80% in Bangladesh, Facebook is offering brands and retailers a great way to connect with their customers for an easy experiential experience. With the webinar, we aimed to present Facebook's Discovery Commerce and new tools that FMCG or CPG brands could explore to drive their results," Shamma said.
Read How China’s TikTok, Facebook influencers push propaganda
"Today, mobile and technology have reshaped the linear shopper journey with discovery happening long before shoppers get to the store. By leveraging the right Facebook solutions, CPG advertisers can now connect with high-intent shoppers, capture their attention with personalised and relevant content, and ensure seamless purchase and zero friction for the buyers. Through the session, we were able to shed light on some of these solutions and share the learnings from global and local success stories with the attendees," Tithi said.
IBBL, NOVOAIR sign MoU
Islami Bank Bangladesh Limited (IBBL) and NOVOAIR Limited signed a memorandum of understanding (MoU) on corporate facilities Tuesday in the capital.
Mohammed Monirul Moula, managing director and CEO of IBBL, was present at the programme as chief guest.
Mofizur Rahman, managing director of NOVOAIR, and Muhammad Qaisar Ali, additional managing director of IBBL, attended the programme as special guests.
Md Omar Faruk Khan, additional managing director of IBBL, presided over the programme.
JQM Habibullah, deputy managing director of IBBL, and Mes-bah-ul-Islam, head of marketing and sales of NOVOAIR, signed the agreement.
Under this agreement, Islami Bank's Debit and Khidmah Credit cardholders, staff and their family members will enjoy a special discount on air tickets, three-six months' EMI and POS services from NOVOAIR.
IBBL Debit or Khidmah cardholders can also enjoy special accommodation packages and EMI facilities in renowned hotels.
Md Mahboob Alam, senior executive vice-president of IBBL, and Md Mizanur Rahman Bhuiyan, executive vice president, were present on the occasion, according to a press release.
Job Opening in Esquire Group
Esquire Group is hiring on the following position. Esquire group job circular 2021 published on bdjobs.com.bd. It’s a large group of company in Bangladesh. Recently they have offered various job positions in different fields. To see others positions , you can visit bdjobs.com.bd
Company: Esquire Group
Vacancy: Not Specified
Position: Executive - Quality
Vacancy: Not specific
Also Read:Job opening at bkash
Job Responsibilities
Assist Quality Manager by study and record time, quality checking method and speed involved in Performance of quality dept. and other worker operations.
To set the target and draft and design layout of quality table, materials and Work space to illustrate maximum efficiency, using drafting tools and computer.
To prepare layout for the quality floor for effective utilization of men, machine and materials.
To analyze productivity and improve system by implementing kaizen process.
Check the quality process; WIP, non-productive time and compile reports on progress of work and quality problems.
Communicate with management and user personnel to develop quality and design standards, coordinate technical and pre-production meeting with production and quality team· before new style/ input is given to production floor.
Perform other duties and responsibilities as assigned by the management on safety, quality, compliance issues and efficiency of the factory.
Read Sub-Inspector Recruitment: The month-long examination of intelligence and verbal begins on 9th May
Employment Status: Full-time
Workplace
Work at office
Educational Requirements
Bachelor degree in any discipline
Experience Requirements
2 to 6 year(s)
Additional Requirements
Both males and females are allowed to apply.
Read Development sector: 'Young job-seekers should learn soft, technical skills to thrive'
Job Location: Narayanganj, Dhaka
Salary: Negotiable
Compensation & Other Benefits
Mobile bill, Provident fund, Gratuity
Salary Review: Yearly
Festival Bonus: 2
Application Deadline: 16 Sep 2021
For More Info and Apply Link :https://jobs.bdjobs.com/jobdetails.asp?id=983271&ln=1
Job Source
Bdjobs.com Online Job Posting.
Also Read:Job Circular at Epyllion Group
Investment: What Factors to Consider before Investing Money?
Investment is one of the best ways to increase your wealth. It’s a proven means to generate more money as well as a source of passive income for the investor. Compared to savings, the investment provides a higher return. However, a higher return comes with its own set of risks. If you aren’t careful enough, you might end up losing more money than making through investment. So how do you make sure your investment is safe? What are the things to be considered before investing? Let's find out.
Why are you investing?
Before anything else, you should find out the reason for investment. Savings are something that can work as your financial cushion. Investments are a bit different considering your money gets locked up for a considerable period.
As a result, you should carefully evaluate whether you’ll have any immediate need for the money. You should also assess whether you want to make a short-term investment or a long-term one. Based on your investment period and the risk factors, your return will vary. Therefore you should be clear on your goals and strategies to make sure of the correct investment decision.
Read: Investment Opportunities in Bangladesh amid Pandemic
What should an investor consider when making an investment?
Life stage
Where are you in your life right now? This is an important factor many people ignore when investing. If you are a young professional with a steady income source, it becomes easier to take risks. However, if you are someone at a late stage of your life, or you are planning on child education support or retirement, it becomes increasingly difficult to make risk-related decisions.
All of it depends on your commitments. Usually, it's ideal to invest at a young age where you will have sufficient time to turn things around in case anything goes south. The same doesn’t hold for someone who is investing their life’s saving at an old age.
Read Investment Guide: How Bangladeshi Youths Can Invest money and Create Wealth?
Time frame
We have already talked about the ideal stage of your life for investment. But what is the ideal period for investment? Truth is, there is no fixed answer for this. You can invest for a long time or for a short time. The choice is yours.
However, each short-term and long-term investment has its own perks. Long-term investments tend to generate a higher return. Short-term investments will give you profit much faster. If you are looking for long-term investment opportunities, you should consider stock and mutual funds. These are the best long-term investments out there. But if it’s short-term that you’re looking for, a fixed deposit can be a good option.
Read Saving vs. Investing Money: Know the Pros and Cons
Income or increment of capital
Some people use investment as a steady source of income. Some invest to increase their existing capital. While both of these are meant to generate money for you, there are some subtle differences between them.
Investments are through and through associated with risks. So if you are looking for a steady income source, the common investment strategies might not be a good option. You can invest in MIP, MIS, or fixed deposit as it will guarantee a return after a fixed interval. And if growing the existing wealth is your priority, you can consider investing in equity or real estate.
Read:Real Estate Business in Bangladesh is booming again overcoming the brunt of Pandemic
Return on your risk
Depending on your investment strategy, risks will vary. There are countless streams of investment that will provide you with more return than the usual interest on your savings. However, the more the return there are, the merrier the risk will be.
If you are someone willing to play in a high-risk scenario, you can consider investing in equity-related investment strategies. If you want a quick return on your investment, there are high-risk bonds. As long as you are willing to play on the market fluctuations, you can be sure to make a good return on your investment.
Read: F-commerce in Bangladesh: Problems and Prospects
State of taxation
Many people don’t consider the tax burden that comes along with investment. As you start receiving a return on your investment, the tax will start to add up on your investment.
However, there are different tax waivers and rebates associated with investments. The only downside of the waiver is that there is a minimum lock-in period of investment. Depending on the investment strategy, the lock-in period can be as high as 10 years. So you should be careful before choosing an investment strategy as it can effectively lock you out of your capital for a long time.
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Liquidity of the investment
In layman’s terms, ‘liquidity’ is the state of how soon an asset can be sold off in the market in exchange for a good return. Risks on investment are directly associated with the liquidity level of any asset. The more the liquidity, the lesser the risk, and the lesser is the return.
If you are someone looking for an easy investment scheme without having to worry much about capital loss, then you should invest in high liquidity assets. But if you are a risk-taker looking to make a good profit out of your investment, then you should go for low liquidity assets.
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Emergence Capital
The last factor here isn’t directly related to investment; rather it’s a precautionary measure for you. Investments are high-risk games no matter how you look at them. There’s no guarantee that you will end up losing all your investments in a matter of hours or days. There might be situations where you will have an emergency need for funds but you won't be able to access them because of lock-in periods or losses.
The ideal approach would be to set up an emergency capital fund before you embark on investments. This will not only cushion you against any investment-related drawbacks but will also be a source of capital for future use. No matter how you use it, an emergency fund can always be your plan B.
Read:ToguMogu: One Stop Solution for Bangladeshi Parents
Bottom Line
Investments aren’t for everyone. But if you are willing to take the risk, you can be sure to make a good return out of it. But for that, you will need careful planning and consider your options. In this article, we have discussed the key factors to consider before making investment decisions. We hope our discussion will help you to lay the groundwork for your investment options and make a good fortune in the process.
BGMEA seeks Spanish investment in non-cotton, technical textiles
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan on Tuesday sought support from Spain regarding the potential of foreign investment in non-cotton and technical textiles and high-end apparel items.
He also sought support and cooperation of the government of Spain through extension of transition period for smoother graduation from LDC.
Read BGMEA urges Ctg Customs House to ease procedures for faster release of imported goods
Ambassador of Spain to Bangladesh, Francisco de Asís Benítez Salas, met the BGMEA chief at the latter’s office and discussed areas of cooperation.
The Ambassador of Spain lauded the progress of the apparel industry of Bangladesh.
Also read: BGMEA wants import consignments to be released from Ctg Port
BGMEA Vice President Shahidullah Azim also attended the meeting.
They had discussions about issues related to the readymade garment industry in Bangladesh, including its progress in the areas of workplace safety, social and environmental sustainability.
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How to find your passion for a more fulfilling career?
Time and again we have been told to follow our passion. There’s a saying that if you find your passion, you will never have to work a day in your life. Now the question arises that how one can find one’s passion? Many people start something and make good progress in their careers. But as time goes by, they seem to hit a barrier which they can't quite overcome. In this article, we will look at some of the ways you can rekindle your career through renewed passion.
How do you find your passion in your career?
Search for your “flow state”
Every person has efficiency at something or the other. It’s the things that we enjoy doing because we are masters of it. Psychologist Mihaly Csikszentmihalyi defines this state of enjoying something as a flow state.
When you are climbing the career ladder, you will often be tasked with things that you don’t enjoy. And that’s completely alright. Not all of us are jack of all trades. If you feel that something that you are doing isn’t providing innate satisfaction, it’s probably time for you to look for your flow state. Find something that keeps you engaged where you feel the work is effortless. Once you do that, it will become much easier for you to engage in work and find passion in your tasks.
Read Things to Consider When Choosing an Internship
Having a growth mindset
One of the reasons, why people reach a rut in their career, is because they aren’t incorporating a growth mentality. Building a career will come with new challenges. The problem arises when you look at these challenges as barriers and not opportunities.
Having a growth mentality is looking at every barrier as a developmental opportunity. A new challenge means something new to learn and incorporate into your skillset. A growth mindset will allow you to face your challenges head-on rather than avoid them at every step.
Read Leader Vs Boss: Know the Differences
Reassess your skillset
Every step of moving up your career will be different than the previous one. Every new position comes with its challenges and solving them requires a different skill set. The question is, are you well equipped for the challenges?
People complain that they can’t find passion in their work because they don’t enjoy it. In most cases, the enjoyment doesn’t come because they aren’t sufficiently skilled for that specific task. While you are stuck wondering about your work, you should also take some time off to reassess your existing skillset. Understanding what is lacking and what can be done to acquire the missing skills will go a long way to rekindle the passion for work.
Read: Turning passion into profit: The story of Badaghat's pigeon entrepreneur
Creating the “T” of your career
Here is an analogy for the T shape career. Often, we put our central focus on a single task. You might be thinking that is the core aspect of a full-time job. But is it though? Do you have to drag yourself into a boring routine over and over again? The truth is you don’t. And that is where the T career comes.
It's like having a central pillar which is your core career. Just like the two hands of a T, you can have other self-fulfilling activities to coincide and complement your core job. Sometimes following your passion alone won't ensure bread and butter. Instead, you can kindle and channel your passion through things you like doing as a side hustle. That way, you will always have economic safety as well as rejuvenation from doing things you like doing.
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Set finances aside
Let's be honest, we’re always concerned about making money. It’s the prime reason why people wake up every morning to go to work. What if human beings do not need to worry about money? Almost everyone would leave their job. This is because money acts as a constraint to passion.
Take some time off from your usual activities and reflect on your life. What will you do if you are free from the worry of earning money? Is it something that aligns with your existing responsibilities? If so, then incorporate them into your daily activity ledger. If it doesn’t, you can always go back to the T-shaped career approach.
Read Pandemic, Remote Working & Procrastination: How to avoid procrastination when working from home?
Let ideas flow
There's a saying that if you are bent on seeing the worst, you will only experience the worst. The same holds when it comes to finding passion. Are you sure you aren’t dead set about not letting passion through?
Often people become so pessimistic with their life that they don’t let themselves be motivated again. The existing works become a motion for them which they go on about. However, you should be open to ideas. You should let the ideas flow so that you can find what motivates you, what drives you. Look around, look for inspiration, you will be sure to find your cause.
Read What makes a Great Manager: Know the Qualities and Skills
Construct your umbrella
Passion can come from all sorts of different places. And oftentimes they might be completely unrelated. It becomes increasingly difficult to channel these different streams into a single work. As a result, many people fail to find the right passion for their workflow.
However, there is a workaround to this. Your sources of inspiration may feel disjointed with each other. But you can try and find a connection between them. If not all, at least some of it will work together to inspire you.
Read: With passion and fashion, Lady Gaga delivers powerful anthem
Know your limit
People will tell you that take a leap and the net will appear. As a matter of fact, that could not be away from reality. Real-life isn’t a fairy tale. You cannot expect things to go according to your whims. In search of passion, make sure you aren’t pushing your limit. You cannot leave everything just because you haven’t found your passion. As you keep searching for your call, make sure you have something to fall back on if you can't make any headway.
Bottom Line
Finding your passion for a more fulfilling career isn’t easy. Yet it's important to make sure your career doesn’t hit a rut. The process of finding your passion should focus on what you want and what motivates you in your work. Finding a balance between these will certainly alleviate your career prospects.
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