Tuesday, 15 October 2019

How to score higher band in IELTS exam?

Scoring a high band in the IELTS (International English Language Testing System) exam requires effective preparation, a clear understanding of the exam format, and consistent practice. 

The IELTS exam is divided into four sections: Listening, Reading, Writing, and Speaking, each contributing equally to your overall score. We at Palium Skills offer courses for IELTS exam preparation and Spoken English.

Based on our past experience, to score well, you'll need to perform well in all four areas.

Here are some detailed strategies to help you achieve a high band score in each section:

 General Tips for All Sections

1. Understand the Band Descriptors:
   - IELTS scoring is based on a 9-band scale, where Band 9 is an expert level and Band 1 is a non-user of English.
   - Be aware of what each band means in terms of your language proficiency. Understanding the specific criteria for scoring will help you tailor your preparation.
   
2. Time Management:
   - All sections of the IELTS exam are timed. Learn how to manage time effectively, as this can make a big difference in your performance, particularly in the reading and writing sections.

3. Practice with Real IELTS Materials:
   - Use official IELTS practice tests and materials from recognized sources. This helps familiarize you with the format and question types.

4. Improve Vocabulary and Grammar:
   - A wide range of vocabulary and proper grammar are essential for scoring higher. Avoid using very simple vocabulary and aim for a variety of sentence structures in your writing and speaking.

---

 1. Listening

The Listening section consists of 4 recordings (dialogues and monologues) and has 40 questions in total. You’ll listen to each recording once and answer the questions based on what you hear.

Tips to score higher in Listening:
- Practice Listening to Different Accents: IELTS uses a variety of English accents (British, Australian, American, etc.). Practice listening to different types of English to get used to diverse pronunciation styles.
- Focus on Keywords: In the listening section, keywords in the questions will help guide you to the correct answer. Pay attention to the words and phrases used in the questions, as they often appear in the recording.
- Take Notes: While listening, make quick notes of important details (names, numbers, dates, etc.). This helps when answering detailed questions.
- Listen for Synonyms: The answers are not always exact matches to the questions. Sometimes, the words used in the audio may be synonyms or paraphrases of the words in the questions.
- Avoid Overthinking: If you miss a question, don't dwell on it. Focus on the next one because you will get to hear the audio only once.

Practice Resources:
- Listen to English podcasts, watch movies, and follow news channels in English to get used to listening to various speeds and accents.

---

 2. Reading

The Reading section consists of 3 long texts, with a total of 40 questions. The texts get progressively more difficult, and the questions range from multiple choice to true/false/not given.

Tips to score higher in Reading:
- Skim and Scan: Don’t read word-for-word. Skim through the text to get the general idea, and then scan for specific information related to the questions.
- Understand the Question Types: Familiarize yourself with the different question formats (e.g., multiple choice, matching headings, fill-in-the-blanks). Each type requires a different approach.
- Pay Attention to Time: You have 60 minutes to answer 40 questions. Allocate your time wisely and don't spend too long on any one question.
- Practice with Time Limits: Regular practice under timed conditions is essential. Try to complete reading tests in under an hour, so you get accustomed to the time pressure.
- Don’t Overthink: If you're unsure of an answer, make an educated guess and move on. The reading test is designed to be tricky, and overthinking can waste precious time.

Practice Resources:
- Use IELTS practice materials or reading comprehension tests available online. Regular practice with different kinds of texts (e.g., academic articles, newspaper stories, etc.) will improve your reading skills.

---

 3. Writing

The Writing section has two tasks:
- Task 1: A graph, chart, or diagram where you summarize information (for Academic IELTS) or write a letter (for General Training IELTS).
- Task 2: An essay where you address a problem, opinion, or discussion.

Tips to score higher in Writing:
- Task Achievement and Response: In Task 1, make sure you summarize the data accurately, and in Task 2, ensure you answer the question completely. Stay on topic and avoid irrelevant information.
- Coherence and Cohesion: Structure your writing logically. Use clear paragraphs, and connect ideas with linking words (e.g., furthermore, however, because). Don’t jump between unrelated points.
- Grammatical Range: Use a variety of sentence structures (simple, compound, complex). Avoid repetitive sentence patterns.
- Vocabulary: Use a range of vocabulary. Avoid repeating the same words; instead, use synonyms where appropriate.
- Time Management: Spend about 20 minutes on Task 1 and 40 minutes on Task 2. Task 2 has more weight, so allocate more time to it.
- Plan Your Essays: Spend a few minutes planning your writing. Make sure you have a clear introduction, body paragraphs, and a conclusion.
- Proofread: Always leave a couple of minutes to check for errors in spelling, grammar, or punctuation.

Practice Resources:
- Write essays and reports regularly. You can find sample questions and prompts online. Use feedback from teachers or tutors to improve.

---

 4. Speaking

The Speaking section is a one-on-one interview with an examiner, which takes about 11-14 minutes. It’s divided into 3 parts:
- Part 1: Introduction and general questions (e.g., about your hometown, hobbies, etc.).
- Part 2: Speaking for 1-2 minutes on a given topic (you get a minute to prepare).
- Part 3: Discussion based on the theme of Part 2, where the examiner asks more abstract questions.

Tips to score higher in Speaking:
- Fluency: Speak clearly and naturally. Don’t rush, but also avoid long pauses. If you don’t know the answer, try to talk around the topic.
- Pronunciation: While perfect pronunciation is not required, make sure that your speech is clear. Practice pronunciation of difficult words and focus on intonation and stress.
- Vocabulary: Use a variety of words and phrases. Avoid repeating the same words too often.
- Answer Fully: Don’t give short, yes/no answers. Expand your answers with explanations or examples.
- Practice Speaking Regularly: Speak English daily. Practice with a speaking partner or tutor. If possible, try to have conversations with native speakers.
- Stay Calm: The speaking test is conversational, so don’t be nervous. Take a deep breath and focus on the content of your answers.

Practice Resources:
- Use online platforms like italki or Preply to have mock speaking tests with native speakers. You can also practice with a friend or tutor.


 Additional Strategies

1. Take Practice Tests: Regularly take full-length IELTS practice tests to familiarize yourself with the format and timing.
2. Focus on Weak Areas: Identify your weaknesses in listening, reading, writing, or speaking and focus on improving those areas.
3. Use Official IELTS Resources: Use books like the Cambridge IELTS series, official practice materials from the British Council or IDP, or apps like IELTS Prep to simulate real test conditions.
4. Stay Positive and Manage Stress: Test anxiety can affect your performance. Stay calm, and remember that practice and preparation are the keys to success.

By following the above strategies and consistently practicing, you can improve your chances of scoring a higher band on the IELTS exam. 

Palium Skills offer courses for IELTS exam preparation and Spoken English that help individuals to score higher.

Monday, 14 October 2019

FAQs about IELTS

 

Questions about IELTS :

1- What is the IELTS exam? The IELTS is an English Proficiency test governed by IDP, It has 4 Modules i.e. Listening, Reading, WRiting and Speaking.

2- Types of IELTS Exam. There are Majorly two types of IELTS :

• IELTS Academic : For Study Visa, usually for Undergraduate and Postgraduate programs

• IELTS General : For Non Academic Purposes i.e as PR, Job and others

3-What is LRWS : LRWS means;

There are Majorly two types of IELTS :
• Listening: : 30 minutes
• Reading: : 60 minutes
• Writing: : 60 minutes
• Speaking : 11–14 minutes

4- What is Band in IELTS ? :

Band is IELTS defines your Ability as a user in English Language
• 0 Band : Did not Appear
• 1 Band: : No capacity
• 2 Band: : Very Basic User
• 3 Band : Beginne
• 4 Band : Limited User
• 5 Band : Modest User
• 6 Band : Effective User
• 7 Band : Good User
• 8 Band : Excellent User
• 9 Band : Perfect User

5- Validity of IELTS ? :

IELTS results remain Valid for 2 years.

6- Can I take the IELTS more than 1 time ? :

There is no restriction to give IELTS exams, Which Means you may take IELTS exams as many Times as you Like. It generally takes place twice every month.

7- What is the IELTS exam Fee ? :

The Current Fee for IELTS Exam is 17,000 INR

8- What Documents are Needed for IELTS ? :

The Only Document that you require to book IELTS exam is your Passport, Without Passport, you can not book IELTS Exam.

9- What is IELTS Life skill ? :

IELTS Life skill is designed for People with very limited ability of English Language, It is only demanded under certain situations i.e Spouse visa or so. It consists only 2 modules i.e Listening and Writing

Why Palium Skills for IELTS :

• Excellent faculty

• Enjoy Hybrid Training( Online + Offline)

• Most Reasonable Training Courses

• Complementary Grammar and Vocabulary Support

• Complementary assistance in Study abroad counselling and further visa related Process

• Unmatched Success Ratio 

• Classes available for Chinese, English, French, German, Japanese, Spanish,

Sunday, 6 October 2019

Microsoft Excel Training – Basic to Advanced


 

🧮 Microsoft Excel Training – Basic to Advanced

Offered by Palium Skills, Kolkata

Excel skills are essential for students, professionals, and businesses. Palium Skills offers structured Basic and Advanced Excel Training programs — available in both Classroom (Kolkata) and Live Online modes — to help participants master Excel for real-world applications.

📘 Basic Excel Training

Duration: 12 Hours
Mode: Classroom / Live Online
Level: Beginner

Course Overview

This course introduces participants to Microsoft Excel’s interface, tools, and functions. It focuses on building confidence in managing data, formatting, calculations, and charts.

Course Modules

  1. Getting Started with Excel

    • Excel interface, workbooks, and worksheets

    • Data entry, navigation, and editing

  2. Formatting and Layout

    • Formatting cells, rows, and columns

    • Using number formats, borders, and alignment

  3. Basic Formulas & Functions

  4. Data Management

  5. Charts & Conditional Formatting

  6. Printing & Page Setup

    • Page layout, print areas, and headers/footers

Key Highlights

✅ Hands-on exercises
✅ Step-by-step guided practice
✅ Certificate of Completion

Learning Outcome

Participants will be able to prepare reports, use formulas efficiently, and present data clearly in charts and tables.


📗 Advanced Excel Training

Duration: 16 Hours
Mode: Classroom / Live Online
Level: Intermediate to Advanced

Course Overview

This course takes Excel skills to the next level — teaching participants how to analyze data, use complex functions, and create interactive dashboards.

Course Modules

  1. Basic Excel Brushup

  • Cell Referencing

  • Hyperlink 

  1. Data Tools & Validation

  2. Advanced Functions & Formulas

  3. PivotTables & PivotCharts

    • Building and customizing PivotTables

    • Using slicers, timelines, and calculated fields

  4. Data Analysis Techniques

  5. Advanced Visualization

    • Conditional formatting with formulas

    • Sparklines and advanced charting

  6. Automation with Macros (VBA Intro)

  7. Data Protection & Collaboration

Key Highlights

✅ Real-life case studies & exercises
✅ Excel Dashboard creation
✅ Course completion certificate

Learning Outcome

Participants will be able to handle large datasets, automate repetitive tasks, and design professional dashboards for business reporting.

🎓 Why Learn with Palium Skills?

  • Experienced corporate trainers

  • Small batch sizes for personalized attention

  • Both offline (Kolkata) and live online options available

  • Placement and project support

📞 Contact Palium Skills
Phone: +91 84205 94969 / +91 70448 71915
Email: info@paliumskills.com
Website: www.paliumskills.com

Start mastering Excel today — the skill that every professional needs!

Tuesday, 1 October 2019

What to know before visiting a foreign country?



Which country do you want to visit? The country that you have always wanted to visit. A country of
your dreams, a land that has been beckoning you since your childhood. But before you go there one
needs to prepare for the trip.  Preparation does not mean only shopping and luggage. It means reading
up on local customs and traditions, learning about the people, their food habits, their culture,
literature and language.

Language is particularly important as in some of the countries no foreign languages are understood.
Countries in Europe, South America, parts of Africa require knowledge of German, Spanish and
French. Infact in some of these countries it is very important to know the survival basics. One needs to know the custom, traditions and culture so one can better identify with the people else very often visitors end up making fools of themselves due to their ignorance or lack of efforts to learn about these vital aspects of any country.

Learn the language of the country...it will help you to understand the country and its people in a better
way... You may have a different reason for going to a new country- for employment, for business, for higher studies or just as a tourist ...  whatever be the reason, make sure you know the local language.

It is not only important for survival but also for understanding the local culture and traditions

Article 53: Payroll Processing in India – A Step-by-Step Guide for HR Professionals

 


SEO Title: Payroll Processing in India: Complete Step-by-Step HR Guide
Meta Description: Learn payroll processing in India step by step, including salary structure, attendance, deductions, PF, ESI, PT, TDS, payslips, payroll reconciliation and HR best practices.

Payroll is one of the most important operational functions handled by HR and payroll teams. Accurate payroll processing ensures that employees receive their salaries correctly and that the organisation maintains proper payroll records and follows applicable statutory requirements.

For students, freshers and working professionals planning a career in HR and Payroll, practical knowledge of the payroll cycle is highly valuable.


What Is Payroll Processing?

Payroll processing is the systematic process of calculating employee salaries and processing the final salary payable for a particular payroll period.

A typical payroll cycle can involve:

Employee Master Data → Attendance & Leave → Earnings → Deductions → Payroll Calculation → Verification → Payslip → Salary Processing → Reports

The exact process varies according to the organisation's salary structure, payroll system, policies and applicable laws.


Why Is Payroll Important?

An effective payroll process helps organisations:

  • Pay employees accurately and on time

  • Maintain salary records

  • Process approved attendance and leave inputs

  • Calculate applicable deductions

  • Generate payslips

  • Prepare payroll reports

  • Maintain payroll documentation

  • Support statutory compliance

Even a small payroll data error can create employee dissatisfaction, so accuracy and reconciliation are critical HR skills.


Step 1: Maintain Employee Master Data

Payroll starts with accurate employee information.

The employee master may contain:

  • Employee ID

  • Employee name

  • Department

  • Designation

  • Date of joining

  • Salary structure

  • Bank details

  • Applicable payroll information

  • Attendance details

  • Other required employee information

Any changes in salary, designation, department or employee status should be properly authorised and updated.


Step 2: Understand the Salary Structure

Before processing payroll, HR professionals need to understand the employee's compensation structure.

A salary structure may contain components such as:

Earnings

  • Basic Salary

  • House Rent Allowance

  • Special Allowance

  • Conveyance or other applicable allowances

  • Incentives

  • Overtime, where applicable

Deductions

  • Provident Fund, where applicable

  • ESI, where applicable

  • Professional Tax, where applicable

  • TDS, where applicable

  • Other authorised deductions

The actual structure differs between organisations.


Step 3: Collect Attendance Data

Attendance is an important payroll input.

HR or payroll teams may collect:

  • Days worked

  • Paid leave

  • Unpaid leave

  • Absence

  • Late attendance

  • Overtime

  • Shift information

Attendance should be reviewed before payroll is processed.


Step 4: Process Leave Information

Payroll teams may need to identify:

  • Approved paid leave

  • Unpaid leave

  • Leave without pay

  • Other applicable attendance adjustments

For example, approved unpaid absence may result in an applicable Loss of Pay (LOP) adjustment.

The calculation should follow the organisation's approved payroll policy.


Step 5: Calculate Earnings

The payroll system calculates applicable employee earnings based on the salary structure and approved inputs.

For example:

Basic Salary + Allowances + Applicable Variable Earnings = Gross Earnings

Variable components may include incentives, overtime or other eligible payments.


Step 6: Calculate Applicable Deductions

Payroll then calculates applicable deductions.

Depending on the employee and organisation, deductions may include:

  • Provident Fund

  • Employees' State Insurance

  • Professional Tax

  • Tax Deducted at Source

  • Approved recoveries

  • Other authorised deductions

Not every deduction applies to every employee.


Step 7: Understand PF in Payroll

Provident Fund (PF) is an important payroll-related area in India.

HR and payroll professionals should understand:

  • Employee PF contribution

  • Employer contribution

  • Applicable wage components

  • Eligibility and applicability

  • Payroll reporting

Actual contributions and applicability should always be determined according to the prevailing rules and the employee's circumstances.


Step 8: Understand ESI in Payroll

Employees' State Insurance (ESI) is another important area for payroll professionals.

Payroll teams may need to understand:

  • Employee contribution

  • Employer contribution

  • Applicability

  • Wage considerations

  • Payroll records

The applicable rules and contribution requirements should be checked against the current statutory framework.


Step 9: Understand Professional Tax

Professional Tax (PT) is a state-level tax applicable in states that levy it.

Payroll professionals should understand that:

  • Rules can vary by state

  • Eligibility may depend on salary and other conditions

  • Payroll deductions must follow the applicable state rules


Step 10: Understand TDS on Salary

Tax Deducted at Source (TDS) may apply to salary income according to applicable income-tax rules.

Payroll teams may need to consider:

  • Employee declarations

  • Taxable salary

  • Eligible deductions and exemptions under the applicable tax regime

  • Tax calculation

  • Monthly deductions

  • Relevant reporting

Tax rules can change, so payroll professionals should work with current statutory guidance.


Step 11: Calculate Net Salary

A simplified representation is:

Gross Earnings – Applicable Deductions = Net Salary

For example, if an employee has:

  • Gross earnings: ₹50,000

  • Applicable deductions: ₹5,000

Then:

Net Salary = ₹45,000

This is only an illustrative calculation. Actual payroll depends on the employee's salary structure, attendance and applicable deductions.


Step 12: Payroll Verification

Payroll should be checked before final processing.

HR/payroll teams may verify:

  • New joiners

  • Resignations

  • Salary revisions

  • Attendance

  • Leave

  • LOP

  • Overtime

  • Incentives

  • Deductions

  • Bank information

A payroll checklist can help reduce errors.


Step 13: Payroll Reconciliation

Payroll reconciliation is an important control activity.

The payroll team can compare:

Payroll Data ↔ Employee Master ↔ Attendance ↔ Leave ↔ Salary Changes ↔ Deductions

The objective is to identify discrepancies before salary processing.


Step 14: Generate Payslips

After payroll processing, employees may receive salary payslips.

A payslip commonly includes:

  • Employee information

  • Pay period

  • Earnings

  • Deductions

  • Gross salary

  • Net salary

Payslips should be handled securely because they contain employee financial information.


Step 15: Process Salary Payments

After final payroll approval, salary payment is processed according to the organisation's payroll process.

The payroll team may coordinate with the finance/accounts department for salary disbursement.


Step 16: Prepare Payroll Reports

HR and payroll teams may prepare reports such as:

  • Monthly payroll summary

  • Department-wise payroll

  • New joiner report

  • Exit report

  • Deduction report

  • LOP report

  • Overtime report

  • Payroll variance report

These reports can support management decisions and payroll controls.


Payroll Processing Example

Consider an employee with an illustrative monthly salary structure:

ComponentAmount
Basic Salary₹25,000
HRA₹10,000
Special Allowance₹10,000
Other Earnings₹5,000
Gross Earnings₹50,000

Suppose applicable deductions total ₹5,000.

Illustrative Net Salary = ₹50,000 – ₹5,000 = ₹45,000

The actual payroll calculation would depend on the employee's applicable deductions, attendance, tax position and company salary structure.


Payroll Processing Using Excel

Excel remains useful for HR and payroll reporting.

HR professionals can use:

  • IF

  • SUM

  • SUMIFS

  • COUNTIFS

  • XLOOKUP

  • VLOOKUP

  • Pivot Tables

  • Conditional Formatting

  • Data Validation

  • Charts

Excel can be used to create:

  • Employee master

  • Attendance tracker

  • Salary calculator

  • Payroll register

  • HR MIS

  • Payroll dashboard


Payroll Processing Using HRMS

An HRMS or payroll system can automate many payroll activities.

Depending on the software, it may support:

  • Employee master data

  • Attendance

  • Leave

  • Salary structures

  • Payroll calculations

  • Payslips

  • Payroll reports

  • Statutory deductions

  • Employee self-service

Automation can reduce repetitive manual work, but payroll data still requires proper review and controls.


Common Payroll ErrorsSome common payroll problems include:

Incorrect Attendance

Wrong attendance inputs can affect salary calculations.

Incorrect Salary Structure

An outdated salary structure can result in incorrect earnings.

Missing New Joiner

A newly joined employee may not be included correctly in the payroll cycle.

Incorrect Exit Processing

An employee who has left may require appropriate final payroll treatment.

Incorrect Deduction

An applicable deduction may be missing or incorrectly calculated.

Data Entry Errors

Manual data entry can introduce errors into employee and payroll records.

Payroll Processing Checklist Before finalising payroll, HR professionals can check:

☐ Employee master updated
☐ New joiners added
☐ Exits updated
☐ Salary revisions updated
☐ Attendance verified
☐ Leave verified
☐ LOP reviewed
☐ Overtime verified
☐ Earnings checked
☐ Applicable deductions checked
☐ Payroll reconciled
☐ Payslips generated
☐ Payroll approved


Skills Required for HR & Payroll Professionals

To build a career in HR and Payroll, develop practical skills in:

  • HR Operations

  • Payroll Processing

  • Salary Structure

  • Attendance Management

  • Leave Management

  • PF Concepts

  • ESI Concepts

  • Professional Tax

  • TDS Concepts

  • Advanced Excel

  • HR MIS

  • HRMS/Payroll Software

  • Full & Final SettlementPayroll Processing Career Opportunities Practical payroll knowledge can help candidates prepare for roles such as:

  • HR Executive

  • HR & Payroll Executive

  • Payroll Executive

  • HR Operations Executive

  • Payroll Associate

  • HR Generalist

  • Compensation & Benefits Executive

With experience, professionals can progress into specialised payroll, HR operations or compensation and benefits roles.Learn Practical HR & Payroll at Palium Skills

Palium Skills offers practical HR & Payroll training for students, freshers and working professionals who want to develop job-oriented HR skills.

Program Highlights

  • HR Operations

  • Recruitment

  • Employee Onboarding

  • Attendance & Leave Management

  • Practical Payroll Processing

  • PF, ESI, PT & TDS Concepts

  • Advanced Excel for HR

  • HR MIS

  • HRMS and Payroll Software

  • Practical 50-Employee Payroll Project

  • Full & Final Settlement

  • HR Analytics

  • AI Applications for HR

  • Classroom + Live Online Learning

The training focuses on practical exercises and workplace-oriented HR and payroll processes.

Palium Skills Training Centers

South Kolkata Center

1st Floor, Sheeba Bhavan
1/22 Poddar Nagar
Near South City Mall
Kolkata – 700068

Salt Lake Center

5th Floor, RDB Boulevard
Block GP, Salt Lake Electronic Complex
Kolkata – 700091

Contact Palium Skills

📞 Call: +91 8420594969
💬 WhatsApp: +91 9903130500
📧 Email: info@paliumskills.com
🌐 Website: Palium Skills

Conclusion

Payroll processing requires a combination of HR knowledge, numerical accuracy, Excel skills, payroll software knowledge and attention to detail.

For HR freshers, learning payroll alongside recruitment, HR operations, attendance, leave management and HR MIS can provide a stronger foundation for an HR career.

N

Monday, 30 September 2019

Is buying Bitcoin legal in India?

 

Yes, buying Bitcoin is legal in most countries around the world. However, the legality of buying, trading, and using Bitcoin varies depending on local regulations. Here's an overview of its legal status in various regions:

1. Countries Where Bitcoin Is Legal

Bitcoin is widely accepted and regulated in many countries, including:

  • United States: Bitcoin is legal and treated as a commodity by the Commodity Futures Trading Commission (CFTC). Transactions are subject to taxes and regulations.
  • Canada: Bitcoin is legal and considered a digital asset. It is regulated under anti-money laundering (AML) laws.
  • European Union: Bitcoin is legal across EU member states, with specific regulations varying by country.
  • United Kingdom: Legal and subject to taxation based on its use (e.g., trading, business transactions).
  • Australia: Bitcoin is legal and classified as property for tax purposes.

2. Countries With Restrictions

Some countries allow Bitcoin but impose restrictions on its use, such as:

  • India: Bitcoin is not banned, but the regulatory environment is uncertain. Transactions are subject to taxation.
  • China: Bitcoin ownership is legal, but trading platforms and initial coin offerings (ICOs) are banned. Mining has also been heavily restricted.

3. Countries Where Bitcoin Is Banned

Certain countries have banned Bitcoin outright, often citing concerns over money laundering, fraud, or instability. These include:

  • Algeria
  • Bangladesh
  • Egypt
  • Iraq
  • Morocco
  • Nepal
  • Pakistan (though restrictions are gradually loosening in some cases).

Key Considerations When Buying Bitcoin

  • Regulation: Always check local laws and regulations before purchasing Bitcoin.
  • Tax Implications: Many countries tax Bitcoin transactions or profits from trading. Familiarize yourself with your jurisdiction’s tax policies.
  • Compliance: Use reputable and regulated cryptocurrency exchanges to ensure compliance with laws and protect against fraud.

If you are considering buying Bitcoin, ensure you do so through legal channels and understand the relevant regulations in your region.

Sunday, 1 September 2019

Price of Quality

Quality cannot be cheap. Most people seek best quality products at cheap prices. Nothing can be 

further from the truth. Quality has a price - we need to pay the right price to get the appropriate 

quality. Remember it is a competitive world and if someone gives low quality at higher price then 

they will not survive in the market place. 

The best example is that of Apple products. Yes they are costly when compared to other Android 

phones but what we don't consider is that cheaper Android phones don't last as long as the Apple one

do. Often we end up spending more in the long run than what the Apple products cost! 

Similarly in education, quality of education matters which is dependent on quality of faculty, number 

of students in class, coverage of course etc. A class with 20 students can be done at fraction of the 

cost of delivering the same course with 5 students. 

Some of the stories heard by us are as follows -

Case No.1: A father described their ordeal when he got his daughter admitted in a institute by 

paying  half the fees. After 3 months, the class is yet to start and they do not have a date yet on when 

it will start. With so much money invested, they are unable to step back!

Case No. 2: A candidate took admission in a computer center to learn Advance Excel. He got an 

attractive offer which was almost one third of the charges at other popular institutes. He was excited 

but realised the truth when he went for his first class and found 19 other candidates in the class.  The 

instructor would demonstrate and expect all the participants to follow on their own. He managed to 

resolve/ answer queries of three to four candidates in every class as he did not have the time to attend 

to individual queries!

Case No. 3: A young professional enrolled at a institute to learn SQL. He took a total of 5 classes 

there before he stopped going. The reason being that in every class he had a new instructor who 

would start from the first chapter each class. Repeated complaints failed to resolve his issues leading 

to him dropping off from the class!

Such examples abound and we hear more and more of such cases everyday.

As one can see, paying the right price for the appropriate quality is very very important. So even if 

one pays a little more directly and gets better value, that is better than paying less and getting inferior 

quality deliverables. As one will agree, the quality of learning is much more in the latter case! So be 

careful about what you choose ....