A naukri.com initiative
Strategy News
HRKatha
2w
246
Image Credit: HRKatha
When startups flip pages instead of strategies
- A recent incident has highlighted the unpredictable nature of some startups, where leadership decisions lack consistency.
- The incident involved a Bengaluru-based startup, where the founder's decisions were influenced by the latest book they happened to be reading.
- The incident has sparked discussions about the challenges faced by employees in startups with unclear strategic direction.
- This incident emphasizes the importance of stable leadership and well-defined business strategies for startups to succeed.
Read Full Article
14 Likes
Medium
2w
418
Image Credit: Medium
Level Up Your Game: Mastering the Winmatch Mentality in Online Competition
- Embrace the learning process and analyze losses to identify areas for improvement.
- Focus on the process of getting better rather than obsessing over wins.
- Develop a growth mindset to overcome challenges and persist through obstacles.
- Manage tilt effectively by recognizing the signs and implementing strategies to regain control.
Read Full Article
25 Likes
HRKatha
2w
257
Image Credit: HRKatha
IBM CEO’s pay jumps 23% amid strong AI growth
- Arvind Krishna, CEO of IBM, received a 23% increase in his total compensation, earning $25 million in 2024.
- Krishna's stock awards rose from $11.4 million to $14.8 million, while his base salary remained unchanged at $1.5 million.
- IBM reported strong financial performance, with total revenue of $62.8 billion, driven by advancements in hybrid cloud technology and AI.
- The CEO-to-employee pay ratio at IBM in 2024 was 518:1, sparking discussions around pay inequality.
Read Full Article
13 Likes
Forbes
2w
99
Image Credit: Forbes
Latest HELOC & Home Equity Loan Rates: March 18, 2025
- Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.
- A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments.
- A home equity line of credit is a variable-rate second mortgage that draws on your home’s value as a revolving line of credit.
- Different home equity lenders offer different repayment terms, but longer repayment terms usually mean lower monthly payments.
Read Full Article
5 Likes
Forbes
2w
198
Image Credit: Forbes
CD Rates Today: March 18, 2025 – Take Home Up To 5.06%
- CD rates today, as of March 18, 2025, can reach up to 5.06%, significantly higher than in previous years.
- Certificates of deposit (CDs) offer a fixed interest rate over a specified period, providing higher yields than high-yield savings accounts but with withdrawal penalties.
- For short-term savings, three-month CDs offer rates up to 4.72%, while the best six-month rate is currently at 4.94%.
- Popular one-year CD rates are as high as 5.02%, with a current average annual percentage yield (APY) of 1.87%.
- Two-year CDs have interest rates up to 4.52%, and three-year CDs at 4.65%, with average APYs at 1.68% and 1.59% respectively.
- Five-year CDs offer rates up to 4.26%, with an average APY of 1.6%, but have higher early withdrawal penalties for breaking the term.
- Jumbo CDs, requiring larger deposits, can earn up to 4.94% for six-month terms, with average APY of 1.79%.
- When searching for the best CD rates, consider offerings from traditional banks, credit unions, and digital firms to find the highest yields.
- CDs are a secure savings option with insurance coverage up to $250,000 from FDIC for bank-issued CDs and NCUA for credit union share certificates.
- Stocks may outperform CDs over time, but CDs provide stability, making them suitable for savings you don't need immediately.
Read Full Article
11 Likes
Forbes
2w
401
Image Credit: Forbes
Today’s Top Money Market Account Rates For March 18, 2025 – Rates Hit 4.89%
- The current average money market rate is 0.54%, while the highest rate is up to 4.89%.
- Money market accounts work similarly to savings accounts, with higher interest rates but require higher minimum deposits and balances.
- Before opening a money market account, compare different options with regard to minimum balance requirements, monthly fees, withdrawal limits, and annual percentage yields.
- To open a money market account, you can apply online or in person by providing personal information and making an initial deposit.
Read Full Article
24 Likes
Forbes
2w
116
Image Credit: Forbes
This Week’s Personal Loan Rates: March 18, 2025—Rates Inch Up
- Rates on personal loans increased last week, but highly qualified borrowers can still find reasonable interest rates.
- For borrowers with a credit score of at least 720, the average interest rate on a three-year personal loan was 14.13%.
- The average rate on a five-year personal loan rose to 18.82%.
- Remember that actual rates depend on creditworthiness and the preferred lender, and rates can vary among lenders.
Read Full Article
7 Likes
Forbes
2w
289
Image Credit: Forbes
Mortgage Rates Today: March 18, 2025 – 15-Year Mortgage Rates Increase, 30-Year Rates Steady
- The mortgage interest rate on a 30-year fixed mortgage is 6.71%.
- The rate on a 15-year fixed mortgage is 5.75%.
- The rate on a 30-year jumbo mortgage is 7.13%.
- Borrowers paid an average rate of 6.71% on a 30-year mortgage.
Read Full Article
17 Likes
Forbes
2w
82
Image Credit: Forbes
Private Student Loan Rates: March 18, 2025—Loan Rates Rise
- The average interest rate on 10-year fixed-rate private student loans increased last week.
- The average fixed interest rate was 7.60% for borrowers with a credit score of 720 or higher.
- The average interest rate on a five-year variable-rate loan was 6.04%.
- Variable interest rates fluctuate over the course of the loan term, but may start lower than fixed rates.
Read Full Article
4 Likes
Forbes
2w
12
Image Credit: Forbes
High-Yield Savings Account Rates Today: March 18, 2025 – Rates Are Steady
- High-yield savings account rates remain steady, with the highest rate at 5.84% on a $2,500 minimum deposit.
- Online banks and credit unions offer higher rates compared to brick-and-mortar banks.
- For high-yield accounts, the best interest rate on a $10,000 minimum deposit is 4.88%.
- The average rate for both traditional and high-yield savings accounts is 0.22% and 0.23% respectively.
Read Full Article
Like
Forbes
2w
228
Image Credit: Forbes
Current Mortgage Refinance Rates: March 18, 2025 – Rates Dip
- The current rate on a 30-year fixed refinance is 6.82%, while a 15-year mortgage refinance is at 5.73% and a 20-year mortgage refinance at 6.56%.
- For a 30-year fixed-rate mortgage refinance of $100,000, the monthly payment is $654 for principal and interest, totaling about $135,269 in interest over the loan's life.
- The average interest rate for a 20-year fixed refinance mortgage is 6.56%, with an APR of 6.61%, costing around $79,815 in total interest for a $100,000 loan.
- A 15-year fixed refinance mortgage has an average interest rate of 5.73%, with an APR of 5.78%, resulting in about $49,271 in total interest for a $100,000 loan.
- Refinancing a jumbo mortgage above the federal conforming loan limit would have rates like 7.18% for 30-year fixed and 6.13% for 15-year fixed.
- Refinancing rates are usually higher than purchase loan rates due to increased lender risk, with cash-out refinances also having higher rates.
- Consider refinancing to lower interest rates, monthly payments, pay off mortgages sooner, access equity, or eliminate PMI, but be aware of closing costs.
- The Forbes Advisor mortgage refinance calculator can help determine if the savings from a new mortgage surpass the closing costs, known as the 'break-even point.'
- Refinance to lower monthly payments, stop paying annual fees, fix rates, or opt for a cash-out refinance, but note the potential increase in total interest with longer loan terms.
- Maintain a solid credit score, manage debt, and keep an eye on fluctuating mortgage rates to secure the lowest refinance rates.
Read Full Article
13 Likes
HRKatha
2w
207
Image Credit: HRKatha
Following protests, BMRCL withdraws recruitment notification
- Kannadiga activists and Namma Metro employees union protested against BMRCL's recruitment notification for 50 loco pilots.
- The activists believed the recruitment favored outsiders and demanded the notification be withdrawn.
- The notification relaxed the condition for knowledge of Kannada language and gave preference to candidates from North India, Hyderabad, Chennai, and Kochi.
- The Karnataka government intervened, requesting BMRCL to alter the hiring process for fair representation.
Read Full Article
12 Likes
HRKatha
2w
250
Image Credit: HRKatha
Forever 21 commences bankruptcy proceedings; thousands of employees face uncertainty
- Forever 21, the apparel retail chain, has filed for bankruptcy for the second time as it faces stiff competition, rising costs, and changing consumer preferences.
- The company is gradually closing all its US stores and looking for a buyer while trying to sell its assets.
- Employees at corporate offices, stores, and warehouses are uncertain about their future.
- The brand, founded in 1984, struggled to keep up with the e-commerce boom and declining mall footfall.
Read Full Article
15 Likes
HRKatha
2w
216
Image Credit: HRKatha
7,500 jobs to be cut at Audi over 4 years
- Audi, the German luxury carmaker, plans to cut 7,500 jobs in Germany over the next four years.
- The layoffs, which will primarily affect the administration and development divisions, account for around 14% of Audi's workforce.
- The factory workers will not be impacted by the job cuts.
- Audi aims to save $1.1 billion annually by implementing cost-saving measures.
Read Full Article
12 Likes
HRKatha
2w
423
Image Credit: HRKatha
Meet Conneqt’s new AI-driven chief listening officer
- Conneqt has appointed Nikki, an AI-driven employee experience platform, as its chief listening officer.
- Nikki will provide real-time sentiment analysis and personalized experiences for Conneqt's 50,000-strong workforce.
- The AI-powered listening partner will offer proactive recommendations for engagement and data-driven HR decision-making.
- Conneqt aims to create a culture of engagement, productivity, and learning with the help of AI-driven insights provided by Nikki.
Read Full Article
25 Likes
For uninterrupted reading, download the app