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Office Romance: Does it Pose a Threat to Your Career?
- Polly Arrowsmith, the owner of an IT company, faced a betrayal of trust when an employee she asked to fire someone failed to do so due to their secret romantic relationship.
- Office romances have been a common occurrence in the workplace, with potential benefits such as improved job satisfaction, morale, and productivity.
- However, changing cultural dynamics and movements like MeToo have brought attention to the risks and challenges associated with workplace relationships.
- Workplace relationships can pose risks and challenges, prompting companies to seek assistance in managing the potential negative impacts.
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Largest US employer aims to remove salary history questions from Job interviews
- The US federal government aims to ban salary history questions from its job interview process to close discriminatory pay gaps.
- The proposed regulation would prohibit federal agencies from using a job candidate’s current or past salary to determine pay in most federal jobs.
- The proposal has its roots in a 2021 Biden administration executive order on expanding diversity, equity and inclusion in the federal workforce.
- Women in the U.S. earn about 17% less than men on average, and the gender gap for federal workers is narrower but gaps between people of color and white men look wider.
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After firing 10,000 employees, Microsoft will not give salary hikes to full-time employees this year
- Microsoft CEO Satya Nadella announced in an internal email that full-time employees will not receive salary hikes this year.
- Nadella attributed this decision to the unique economic conditions prevailing this year.
- While hourly or equivalent roles will still receive salary increases, full-time employees will not be included in the salary adjustment.
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'Bangalore mujhe nahin jana': Ex-Flipkart executive Sujeet Kumar recalls early hustle and Delhi life
- Udaan founder Sujeet Kumar shared his journey to founding the B2B company and his time at Flipkart in a recent podcast interview.
- Kumar initially hesitated to join Flipkart due to concerns and not wanting to relocate to Bengaluru from Delhi. "Bangalore mujhe nahin jana (I didn't want to go to Bangalore)," "I was in love with Delhi & I didn't want to leave Delhi," said Kumar.
- Kumar left Flipkart in 2016 to start Udaan with Amod Malviya and Vaibhav Gupta, both senior executives at Flipkart.
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Part-time PGs and Weekly Hometown Travels: Hybrid Work Ties up Gen Z in Knots
- Many GenZ employees are traveling back to their hometowns for the remaining days of the week to save costs due to the rise of hybrid working models.
- Experts warn that the impact of this recent trend will not be limited to employees, and their productivity in the office is questionable.
- Some GenZ professionals are living in paying guest accommodations and sharing beds to save money while working for companies that require them to report to the office for 2-4 days a week.
- While some employees have found solutions to their work-life balance issues, others are facing challenges with their living arrangements, such as losing their sense of freedom and having to ask for permission from others.
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What Leadership lessons from lockdown still apply today?
- Effective communication in a remote work environment is essential for leaders, who should prioritize meaningful work and human connection.
- The pandemic emphasized the value of a strong company culture that embraces change and technological advancements.
- Leaders should prioritize problem-solving skills and encourage adaptable approaches through insightful questioning.
- Investing in workplace well-being is crucial to support remote workers, addressing their physical, mental, and emotional needs.
- Engage remote teams through storytelling and earn their trust for effective leadership.
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2023 graduates shift priorities in job search, brand and fast-growth companies less important
- According to a survey by job search platform Handshake, the class of 2023 is shifting their job search focus, with a drop in the importance of company brand and fast growth in favor of stability.
- A survey by Handshake reveals a 10% decrease in the share of graduates considering company brand in their job search between summer 2022 and spring 2023.
- Fast-growing companies are also losing appeal as the share of students prioritizing them dropped from 39% to 19% over the same period.
- Chief education strategy officer at Handshake, Christine Cruzvergara, attributes this shift to the Covid-19 disruption experienced by the class of 2023, among other factors.
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Burger King employee gets over Rs 3 Cr for never missing a day at work in 27 years
- Kevin Ford, the Burger King employee who never missed a day of work in 27 years, is set to receive over $400,000 (Rs 3 Crore) upon his retirement thanks to a successful GoFundMe campaign.
- A viral video of Kevin Ford receiving meagre gifts for his 27 years of service caused outrage among many who felt he deserved better recognition.
- The GoFundMe campaign raised over $43,000 and received donations from people all over the world, including celebrities such as David Spade.
- Despite feeling "let down" by the gifts he received, Kevin Ford remains grateful for the support and attention he received from the public and his colleagues.
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Millennial shares tips on what side hustles bring quick money and which ones to avoid
- A millennial with a full-time job and two kids, Ryan, shares his experience of testing out various side hustles on TikTok and what actually makes money quickly.
- Ryan, with his handle @sidehustlereview, recommends user-generated content as the best side hustle with the most payoff right now, followed by affiliate marketing.
- He warns his 100,000 TikTok followers to skip side hustles like ClickaSnap, voice over work, and YouTube unless they have the required skills and time to build an audience.
- Ryan also suggests that a side hustle might not be for everyone, and one can instead focus on personal budget management, ask for a raise, or look for a higher-paying job to boost income.
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Progress towards ‘Internet for All’ shouldn’t be hindered by ‘Buy American’
- The Biden administration's "Internet for All" initiative could be delayed if the priority of "Buy American" results in slower progress in closing the digital divide, warns a new report.
- While the strategy to spend billions of dollars on new broadband connections to create jobs and boost the US economy is smart, it should not sacrifice speed in the race to achieve universal connectivity.
- Congress and the administration have earmarked over $90 billion to connect every American home with broadband internet service and creating hurdles could slow down the progress towards achieving this goal.
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This website offers Rs 82,000 to watch all 10 'Fast & Furious' Films
- FinanceBuzz offers $1,000 (nearly ₹82,000) to the ultimate daredevil who can handle a two-week movie marathon of the entire 'Fast and Furious' franchise.
- The selected candidate will be responsible for tracking damages from every car crash depicted in the films and assessing the extent of the damage.
- The winner will also examine the franchise's history to determine if the frequency of wrecks portrayed in the movies has changed over time.
- The winner will also examine the franchise's history to determine if the frequency of wrecks portrayed in the movies has changed over time.
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Airbnb launches "Rooms" listing category to help renters earn extra income
- Airbnb is introducing a new listing category called "Rooms," which will feature a curated set of one million private bedrooms available for rent.
- The new category is aimed at helping people who may be struggling to pay their mortgage or rent, as they can earn extra income by renting out a spare bedroom.
- Airbnb's summer release includes more than 50 new features to simplify the listing and booking processes, making it easier for hosts and guests to use the platform.
- Airbnb's roots are in renting out spare rooms, and the company was born during a recession when two of its co-founders struggled to pay their rent, according to Catherine Powell, Airbnb's global head of hosting.
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Maharashtra govt to launch skill development centres at 100 BMC schools
- Skill development and entrepreneurship minister Mangal Prabhat Lodha announced that the state government and BMC have developed a skill development curriculum and reserved one classroom in each of the 100 BMC-run schools for the courses.
- The initiative aims to create job opportunities for five lakh youngsters in a year and provide courses in English, Marathi, and Hindi languages.
- The state government plans to open 1,000 skill development centres in rural areas in the next few months to help rural students acquire skills and generate employment opportunities locally.
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Databricks doubles down in India with staff hires, new R&D hub
- Databricks to expand workforce in India by 50% and open new R&D hub in Bengaluru.
- India offers business and engineering opportunities for Databricks due to data abundance and demand for analytics and generative AI.
- Databricks follows the trend of global tech firms by establishing an R&D center in Bengaluru for talent availability and competitive salaries.
- Strong interest in Databricks' offerings in India from sectors like finance, retail, healthcare, with notable customers including InMobi and Swiggy.
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AI technology putting tech companies in the hiring mood again
- Tech companies are shifting their focus to artificial intelligence, which is generating renewed interest in hiring tech workers after a year of layoffs, signaling a stabilizing job market.
- Companies & investors are excited about the potential for AI to drive future profits, which is leading to a hiring spree for tech workers to build the products & services.
- Stable tech stock prices and headcounts leading to focus on AI investments and uptick in job postings for software developers.
- The shift towards AI is putting tech companies in the hiring mood again and could be good news for everyone as it may prevent a recession and stabilize the job market for tech workers.
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