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Strategy News
HRKatha
12h
25
Image Credit: HRKatha
Federal workers’ office woes: No desks, no supplies, no plan
- Federal employees returning to offices are facing unexpected challenges, including lack of basic resources and inadequate infrastructure.
- Many employees lack seats, workstations, and supplies, with some being sent back home on arrival.
- Issues like unclean restrooms, lead in water, and shortage of toilet paper are adding to the difficulties.
- The return-to-office mandate, lacking proper planning and coordination, has resulted in confusion, chaos, low morale, and inefficiencies.
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HRKatha
12h
115
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Bhakti Shirke appointed director-talent acquisition, Licious
- Bhakti Shirke appointed as director-talent acquisition at Licious.
- Shirke previously worked as AVP-Human Resources at Axis Bank.
- She has a background in international business management.
- At Licious, Shirke will focus on attracting quality talent.
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HRKatha
13h
217
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How astute leaders are discovering that authentic recognition can transform corporate culture
- Authentic recognition, through genuine validation, has a profound impact on reshaping workplace culture, surpassing the influence of corporate initiatives.
- Effective validation starts with acknowledging and appreciating employees' efforts, fostering trust, morale, and empowerment.
- Specificity in recognition strengthens trust and reinforces desired behaviors, making generic praise less impactful.
- Validation differs from feedback by focusing on acknowledging consistent effort and behavior, leading to long-lasting motivation and resilience.
- Timely validation is crucial as modern workforce, especially younger generations, value immediate recognition over traditional annual reviews.
- Authenticity and vulnerability are essential in validation, as insincere recognition can be detected by employees, affecting trust.
- Validation transforms employees into stakeholders, fostering ownership, engagement, collaboration, and contribution to a larger purpose.
- Effective validation does not exclude constructive criticism, but pairs recognition with developmental insights to drive improvement.
- Validation requires a mindset shift in leadership, viewing employees holistically and acknowledging their humanity to serve organizational goals.
- Balancing public and private recognition, along with active listening and specific examples, is key to successful validation in organizations.
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HRKatha
13h
199
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Can’t deny maternity leave just because marriage isn’t registered: Madras HC
- The Madras High Court stated that maternity leave cannot be denied just because the marriage is not registered, unless the validity of the marriage is in question.
- The court made this decision in a case where an office assistant's maternity leave application was rejected because she couldn't produce a marriage certificate.
- The court found the rejection unjust, especially since the woman had evidence of her marriage, including photographs and wedding invitations.
- The court awarded the woman a compensation of Rs 1 lakh for mental suffering and granted her maternity leave with full pay from the date of her application.
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HRKatha
15h
32
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Tracey Cook elevated to CHRO, Fluor Corporation
- Tracey Cook has been promoted to the position of chief human resources officer (CHRO) at Fluor Corporation.
- Cook has been with Fluor since 1989 and has held various roles in finance and operations.
- She is an alumna of the University of South Carolina Darla Moore School of Business.
- Her CHRO assignment at Fluor begins on April 7, 2025.
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HRKatha
16h
209
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Ajay Bhat, president-global HR, Intas Pharmaceuticals, retires
- Ajay Bhat, president-global HR, Intas Pharmaceuticals, retires.
- Ajay Bhat spent over 13 years with Sun Pharma and served as vice president-human resources, Torrent Pharmaceuticals.
- During his tenure at Intas, Bhat led the crisis-management committee for COVID-19 and steered the committee on supply-chain process improvement, quality culture, and digital tech implementation.
- Ajay Bhat expressed gratitude to his colleagues, team members, and leaders for their contributions and is enthusiastic about beginning a new phase focusing on personal goals.
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Livebitcoinnews
1d
221
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Strategy Invests $1.92 Billion More in Bitcoin
- Strategy, formerly known as MicroStrategy, has acquired an additional 22,048 BTC for $1.92 billion.
- The company now holds a total of 528,185 BTC, amounting to $35.63 billion in value.
- Strategy reports an 11% Bitcoin yield since the beginning of 2025.
- Strategy remains committed to Bitcoin despite market volatility and continues to invest in the cryptocurrency.
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Pcgamer
1d
83
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Screenshots have seemingly leaked of the new Star Wars game from a team of former XCOM developers, and surprise: it looks like a Star Wars XCOM game
- Screenshots of a new Star Wars game from a team of former XCOM developers have been leaked.
- The leaked screenshots indicate that the game is a Star Wars XCOM game, featuring turn-based strategy elements.
- The shots depict familiar XCOM-like features, such as a percentage hit indicator, overwatch mechanic, and base management.
- The game is set in the Star Wars universe, potentially during the Reign of the Empire era, and is expected to offer an accessible and cinematic experience.
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Forbes
1d
56
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Q1 2025 Wrapped: What’s Changing In Credit, Mortgages And Consumer Spending
- In 2025, Americans are facing financial pressures with high inflation, costly borrowing, and low personal savings rates.
- Savers have the opportunity to lock in higher rates with some banks offering CDs yielding over 4.5%.
- National average CD rates have remained stable, with variations based on Federal Reserve policies and bank strategies.
- Treasury yields have fallen, but the future direction depends on the Fed's monetary policy decisions.
- Consumers are advised to consider the timing for locking in rates with CDs and Treasury bills based on upcoming rate changes.
- Credit card interest rates are near record highs, making it crucial for consumers to pay off balances promptly.
- Lenders have tightened credit standards, impacting access to financing for consumers with lower credit scores.
- Household debt in the U.S. is increasing, with mortgages comprising a significant portion, posing financial challenges for many households.
- The housing market is cooling, but prices continue to rise modestly, influenced by factors like inventory levels and economic conditions.
- Mortgage rates are a significant factor for buyers and homeowners, with refinancing opportunities available for those willing to seize them.
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Medium
1d
68
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ART Networks — The Induced Dilemma
- The proliferation of Agile Release Trains (ARTs) within large IT software delivery departments has resulted in a complex and challenging landscape.
- The growth of networked ARTs has led to two primary complications: exponential growth of communication complexity and lack of alignment due to conflicting priorities.
- The increase in communication pathways as the organization scales makes clear and efficient communication difficult, leading to delays and misunderstandings.
- Without a unified vision and strategy, individual ARTs prioritize their local objectives, which can conflict with the overall strategic goals of the organization.
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Forbes
1d
182
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Today’s Top Money Market Account Rates For March 31, 2025 – Rates Hit 4.89%
- The highest money market rate is 4.89% compared to the national average of 0.53%.
- Money market accounts are interest-bearing deposit accounts, insured up to $250,000 per depositor.
- They offer convenient fund accessibility, checks, and debit cards but limited to six monthly transactions.
- Before opening a money market account, compare minimum balances, fees, withdrawal limits, and APYs.
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Forbes
1d
83
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Mortgage Rates Today: March 31, 2025 – Rates Rose
- The mortgage interest rate on a 30-year fixed mortgage is 6.73%.
- The average rate on a 15-year mortgage is 5.74%.
- The average rate on a 30-year jumbo mortgage is 7.11%.
- Rising mortgage rates are influenced by the Federal Reserve's monetary policy and the state of the economy.
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Forbes
1d
334
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Current Mortgage Refinance Rates: March 31, 2025 – Rates Hold Steady
- Current mortgage refinance rates held steady at 6.83% as of March 31, 2025.
- For 15-year fixed refinance mortgages, the average rate is 5.73%, and for 20-year mortgages, the average is 6.59%.
- The average rate for a 30-year fixed-rate mortgage refinance is 6.83%, up 0.2 point from last week.
- The APR for a 30-year fixed-rate mortgage is 6.86%, reflecting the all-in cost of the home loan.
- The average interest rate on a 20-year fixed refinance mortgage is 6.59%, with an APR of 6.63%.
- A 20-year fixed-rate mortgage refinance of $100,000 would cost $751 per month in principal and interest.
- The average interest rate for a 15-year fixed refinance mortgage is 5.73%, with an APR of 5.79%.
- A 15-year fixed-rate mortgage refinance of $100,000 would cost $829 per month in principal and interest.
- 30-year fixed-rate jumbo mortgage refinance rates increased to 7.23%, with a monthly payment of $681 per $100,000 borrowed.
- Refinancing options can help reduce monthly payments, access equity, and eliminate private mortgage insurance costs.
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Forbes
1d
243
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High-Yield Savings Account Rates Today: March 31, 2025 – Rates Are Steady
- Savings account rates have remained steady compared to one week ago, with a maximum yield of 5.84%.
- High-yield savings accounts offer higher interest rates but may require certain conditions such as joining a credit union or a larger minimum deposit.
- The average APY for traditional savings accounts is currently 0.22%, while high-yield accounts have an average APY of 0.22%.
- When choosing an account, it's important to consider interest rates, minimum deposit requirements, fees, and the reputation and safety of the bank or credit union.
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Forbes
1d
345
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CD Rates Today: March 31, 2025 – Forbes Advisor
- Today, the best interest rates on CDs go up to 5.06%, offering higher yields compared to previous years.
- CDs pay a fixed interest rate for a set period, with higher yields than high-yield savings accounts but limited accessibility.
- For short-term goals, three-month CD rates range from 1.3% to the highest at 4.72%.
- The average rate for a one-year CD is 1.86%, while the highest rate reaches 5.02%.
- Two-year CDs show interest rates as high as 4.52%, with an average APY of 1.67%.
- For jumbo CDs, the highest rate is 5.06% for a 6-month term, with an average APY of 1.83%.
- Understanding early withdrawal penalties before investing in CDs is crucial to avoid significant losses.
- CD rates vary between banks, so comparing options is essential to secure the best deal.
- Stocks may outperform CDs over time, but CDs offer stability and FDIC insurance up to $250,000.
- CDs and stocks serve different financial purposes—CDs are for stable savings, while stocks offer long-term growth.
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