Education and Career News / Trends from around the World — January 3rd, 2021

6 min read

Curated by the Knowledge Team of ICS Career GPS


Education

Image Source : goodstart.org.au

5 tips to teach empathy to children

Excerpts from article by Caroline Maguire, published in mindbodygreen.com

The world as we know it is no longer the world as we knew it. What happened? It’s been a blur, but we can all commiserate. Social distancing is making us exhausted and lonely. But who is hit the hardest? Our children.

Sequestering in place has made even the most accommodating families struggle to express compassion. But creating a culture of compassion is even more necessary now. 

What is empathy?

Empathy is the ability to truly show compassion, understand another person’s experience, and walk in someone else’s shoes. The ability to show empathy is a life skill that can be taught at any age: And the outcomes are abundantly beneficial. For example, empathetic children are less likely to bully others. Or research shows that leaders who listen to and try to understand their employees’ emotions are more successful. 

Why families should create a culture of empathy?

When it comes to empathy, small acts can make big changes. See, small acts mean a lot because they weave empathy into the fabric of our daily lives, and these acts help children develop social-emotional skills. After all, the goal is to promote the developmental strengths and positive character of the whole child. 

And in a world that feels distant, small acts of kindness can bring us closer. Demonstrating to children how to be compassionate is a life lesson we all need them to learn.  Empathy helps children feel connected and helps to develop their character and social-emotional growth.

Parents have a huge role in teaching empathy

The role of the parent—a child’s first role model—is to encourage empathy at home, in school, and in the community through small daily acts of kindness and by creating a culture of compassion. A self-aware, respectful child is what society needs in order to build trust and a sense of belonging for everyone. Learning to manage emotions, peacefully resolve conflicts, and make responsible friends and decisions benefits everyone.

Our homes should be the “safe place to fall” for every member. It is where we can each come, at the end of a long, stressful day, and be ourselves. With this supportive foundation, our children can go to school, sports fields, theatre, and online chat rooms and be an emotional support to others.

Here are 5 tips to teach empathy to kids:

1. Pounce on teaching opportunities. When you witness a situation in which someone is involved in an emotional experience, appropriately and respectfully bring attention to it. For example, “What do you think is going on in your friend’s life? What did you notice about her reaction to the situation?”

2. Demonstrate kindness yourself. Stop whatever you are doing when your child comes to you. Listen intently. Don’t interrupt. Repeat back what you heard in order to ensure you understood the root of the message. Hear your child’s or partner’s perspective and step into their shoes.

3. Point out rude or disrespectful behaviour. Perhaps it was your child who acted insensitively to Grandma. Collaboratively talk about your child’s behaviour and ask him to interpret how his behaviour made someone feel.

4. Model compassion. Taking out the garbage when someone has a meeting and is pressed for time, verbalising that you understand things must be hard right now, and small acts of kindness will foster a culture of empathy. Your children are watching.

5. Guide, don’t preach. No one can remain intent when lectured to. Guide children to look at what another’s situation or point of view is. Dictating that they must be thoughtful and caring may have the opposite effect. Help your child step into the shoes of his peers. 


Career

Image Source : Hindustan Times

5 good reasons to start a career in new age banking

Excerpts from article published in Hindustan Times

The banking sector is getting smarter by going digital. This digital transformation includes the integration of the banking business with digital technology. The new age banking and finance is another collaborative work of technology that has now become a backbone of the finance sector.

Here are the 5 major reasons why one should start a career in this new age banking technology.

1. Good salary

The banking sector not only provides a good salary for the employees but also some added benefits with financial assistance in the form of lower rates of loan interest, pension, or medical benefits.

2. Fixed working time

Unlike the IT sector, where the remuneration is equally great, the banking sector has a fixed working time, which helps one lead a normal life. It does not usually require late night working hours.

3. Job stability

A career in new age banking could very well be one of those stable jobs that can offer a long term experience and work life. It offers several internal promotion opportunities too.

4. Multiple opportunities

The best advantage of the new age banking and finance sector is that it offers multiple career opportunities for all. This is one career anyone with a knack for finance and maths can easily nurture. There are several sectors in this field. Retail and investment banking, insurance, stockbrokers, corporate finance, etc., are a few to name.

5. Continuing education

This smart banking and finance is a wonderful opportunity to have a successful career as well as continued education. This is one area where one can easily spread out by continually educating oneself with new courses.

How to be a private banker?

A private banker is someone who helps manage the financial portfolio of a client with their banks. The banker should be able to give ideal advice regarding the investments and manage this process. The revenue here is incurred from this advice, management, how well the plans are executed and performed to get their fees.

Private bankers are required for retail, wealth management, investment banking, etc. Many of them get a start for their career as financial analysts or advisors before venturing as private bankers. A bachelor’s degree in management and finance would give the right start for a career as a private banker.

Other opportunities in new age banking & finance sector

  • Money management at companies and businesses is done with the help of portfolio managers, mutual fund analysts or hedge fund managers.
  • Retail banking requires accountants, tellers, finance officers, auditors, and leasing agents.
  • Investment banking opens opportunities to be a financial analyst, investors, asset managers, traders, etc.
  • Corporate finance job opportunities are in the form of treasurer, controller, investor relations officer, etc.
  • Stockbroking helps with trading through finance managers, investment planners, stockbrokers, etc.
  • Insurance – The financial requirement for any loss in the future requires the assistance of insurance agents, underwriters, etc., to have a proper plan and investment.

(Disclaimer: The opinions expressed in the article mentioned above are those of the author(s). They do not purport to reflect the opinions or views of ICS Career GPS or its staff.)

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