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HRKatha
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‘Can’t work from home on a Friday and following Monday’: UBS tells staff
- UBS has instructed its employees to work from the office on either a Friday or a Monday, prohibiting working from home on consecutive days.
- The requirement applies to all 115,000 UBS employees and is intended to maintain productivity, innovation, and collaboration.
- Earlier this year, JP Morgan mandated a full-time return to the office for its employees, while UBS is opting for a more flexible approach.
- The Swiss investment bank's decision aligns with the trend of balancing remote work and office presence in the financial industry.
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HRKatha
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Employees are overwhelmed by the deluge of data & info
- Professionals often struggle with overwhelming amounts of data, emails, calls, and presentations on a typical workday.
- Difficulty in finding relevant and updated information quickly hinders fast decision-making and progress.
- Teams lack a centralized system for transforming scattered information into actionable insights.
- AI could help teams streamline data retrieval, but many executives are concerned about underutilizing AI capabilities.
- Communication gaps and inefficient information sharing lead to wasted time and overlapping work in organizations.
- Majority of knowledge workers feel disconnected from organizational goals due to lack of clarity and relevant information.
- Teams are urged to leverage AI for better information management and decision-making processes.
- A centralized platform for tracking team activities and sharing insights can lead to more impactful work and innovation.
- Connecting and organizing information through AI can provide valuable insights and enhance workforce engagement.
- Efforts towards creating a collaborative and informed work environment can lead to achieving organizational goals effectively.
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HRKatha
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Citigroup to lay off 30% IT contractors
- Citigroup plans to lay off 30% of its IT contractors and hire more staff for its internal tech team.
- The bank aims to reduce its reliance on third-party workers from 50% to 20%.
- Citigroup seeks to strengthen risk management and data governance through expanding its internal technology team.
- The decision may be influenced by regulatory costs, penalties, and fraud incidents involving contract workers.
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HRKatha
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130
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Catfishing in hiring: Who is to blame?
- Catfishing in hiring has become a common occurrence, with both job seekers and employers engaging in misrepresentation.
- Generation Z candidates often feel compelled to exaggerate qualifications due to economic pressures and unrealistic job requirements.
- Employers also contribute to the issue by crafting unrealistic job descriptions and misrepresenting positions.
- Organizations should adopt forward-looking recruitment strategies to anticipate how roles may evolve over time.
- Candidates resort to 'resume inflation' to stand out in a competitive job market driven by social media narratives.
- The recruitment process has become depersonalized due to technological advancements, leading to a focus on buzzwords and automated screening.
- Both parties face consequences of misrepresentation, including productivity losses, cultural dissonance, and eroded trust.
- The solution lies in fostering transparency and authenticity in recruitment practices on both sides.
- Employers should prioritize potential and adaptability over rigid credentials, while candidates should present genuine capabilities.
- Humanizing the recruitment process through conversational interviews and mentorship initiatives can lead to better understanding and talent identification.
- The future of recruitment calls for a shared commitment to authenticity over perfection, valuing potential above performative credentials.
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HRKatha
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Reeti Dubey joins Google Operations Centre, India as head-HR
- Reeti Dubey joins Google Operations Centre, India as head-HR.
- Dubey will strengthen the centre’s focus on people-centric strategies and operational excellence.
- With nearly 20 years of HR leadership experience, she has played a key role in driving organizational transformation, workforce strategy, and diversity and inclusion initiatives.
- Passionate about leveraging technology and data, she believes in sustainable HR practices and improving the employee experience.
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HRKatha
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126
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Sudeep Kunnumal to succeed Milind Lakkad; elevated to CHRO designate,TCS
- Sudeep Kunnumal has been elevated to the role of chief human resources officer (CHRO) designate in TCS.
- Kunnumal has had a diverse HR career, working in various roles and locations prior to this promotion.
- He will take over from Milind Lakkad, who is superannuating.
- Lakkad has been with TCS since 2007 and held the position of executive vice president and CHRO.
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Pcgamer
2w
331
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MechWarrior 5: Clans is getting DLC with playable Elementals and a fight on the outside of a spaceship
- Publisher Enad Global 7 has announced the release of MechWarrior 5: Clans expansion called Ghost Bear: Flash Storm.
- The expansion includes 12 new missions, four new OmniMechs, four new BattleMechs, and an Elemental point led by Star Commander Rook.
- Elementals are genetically engineered infantry who fight in Clan battle armor with jetpacks, and the campaign will feature combat on the outer hull of the Ghost Bear command ship, the Grizzly.
- The expansion also introduces an expanded MechLab for fine-tuning mechs and swapping engines, addressing the lack of customization options in MechWarrior 5: Clans.
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Insider
2w
278
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I worked as a recruiter at TikTok, Google, and Uber. This common résumé mistake could be why you're not hearing back.
- Job seekers should focus on business outcomes, not just responsibilities in their resumes.
- Many people fail to understand the value of their labor and the need to communicate it to potential employers.
- Résumés should highlight unique qualities and showcase how job seekers can solve business needs.
- Companies find people for jobs, not jobs for people.
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HRKatha
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UST plans to add up to 6,000 jobs with new office in Pune
- UST, a global technology and digital-transformation solutions provider, has opened a new office in Pune, India.
- The company plans to hire between 3,500 and 6,000 professionals over the next three to five years in Pune.
- UST's Pune Centre of Excellence currently employs over 2,000 professionals and serves global clients in various sectors.
- The company aims to strengthen its expertise in AI, digital transformation, and engineering solutions.
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Medium
2w
74
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Talk to Your AI
- AI tools are crucial in various fields, but most business leaders lack coding skills.
- Prompt engineering, creating precise instructions for AI systems, is key to achieving great AI output.
- Effective prompt design can enhance responses and add value to AI-generated content.
- Clarity, specificity, context, tone, iteration, role-based prompting, and constraint prompting are essential in prompt engineering.
- Using examples, setting boundaries, and providing structure in prompts can improve AI performance.
- Avoid common pitfalls like vague prompts, ignoring constraints, and inadequate iteration in prompt engineering.
- Mastering prompt engineering involves being intentional and refining prompts for better AI results.
- Effective prompts guide AI systems to deliver more relevant, polished, and creative outputs.
- Detailed prompts reduce the need for revisions and encourage nuanced content creation.
- Crafting specific prompts tailored to your needs can transform AI into a customized content creation tool.
- By combining clarity, context, and iteration in prompt engineering, one can unlock AI's full potential for innovation and efficiency.
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Insider
2w
174
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Bill Gates on the worry that 'plagued' him when stepping down as Microsoft CEO
- Bill Gates expressed his worry about the future of Microsoft when he stepped down as CEO in 2000.
- He had concerns about the company's excellence and whether he should go back to the company.
- Gates was succeeded by Steve Ballmer, who was instrumental in taking Microsoft to new heights.
- Satya Nadella, the current CEO, has successfully navigated the complex job and achieved significant milestones for the company.
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Rockpapershotgun
2w
275
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Magic: The Gathering creator Richard Garfield on designing Vanguard Exiles so you could play with dice if your computer died
- Richard Garfield, creator of Magic: The Gathering, finds insights about games from the thrill of playing Quake to the satisfaction of online Scrabble's triple word score.
- Vanguard Exiles, an autobattler game, integrates dungeon layouts with victory points and room effects, promoting strategic unit distribution.
- Garfield emphasizes the importance of player understanding in games, drawing parallels between physical and digital gameplay experiences.
- Vanguard Exiles aims for transparent gameplay and manageable decisions, allowing players to engage in strategy and community building during game resolution.
- Garfield brings a World War I fantasy element to Vanguard Exiles, exploring re-imagined fantasy tropes with distinct factions and character designs.
- Player feedback guides Garfield's game design process, with an emphasis on balancing mechanics to cater to both new and experienced players while maintaining fun gameplay experiences.
- Throughout his decades-long career, Garfield continues to learn and evolve in game design, leveraging player feedback to enhance game mechanics and retain player engagement.
- Garfield values creativity and flexibility in game design, adapting to player interactions and community demands to create enjoyable and dynamic gaming experiences.
- By fostering a balance between game mechanics and player enjoyment, Garfield aims to design games that cater to a wide range of player skill levels and encourage continuous gameplay innovation.
- Garfield's approach to game design involves maintaining a balance between addressing player feedback and preserving the fun and engaging elements that drive player interest and enjoyment.
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Forbes
2w
170
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Current HELOC & Home Equity Loan Rates: March 14, 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.
- Both options use your property as collateral for your payments, which means your lender can seize your property if you can’t repay what you borrow.
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Forbes
2w
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Money Market Interest Rates Today: March 14, 2025 – Rates At 4.89%
- The highest money market rate today is 4.89%.
- Money market accounts (MMA) are interest-bearing deposit accounts that offer higher rates compared to other deposit accounts.
- MMAs often provide convenient access to cash through debit cards or check-writing capabilities.
- Before opening a money market account, compare options to find the best fit based on requirements and interest rates.
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Forbes
2w
362
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Mortgage Rates Today: March 14, 2025 – 15-Year Mortgage Rates Increase, 30-Year Rates Steady
- The current average mortgage rate on a 30-year fixed mortgage is 6.71%, with a 15-year mortgage rate at 5.77% and a 30-year jumbo mortgage rate at 7.12%.
- The average interest rate on a 30-year fixed mortgage increased by 0.04 percentage points compared to the previous week.
- The APR on a 30-year fixed mortgage is 6.75%. On a $100,000 loan, the monthly cost is $646 in principal and interest, with a total interest payment of $132,611 over the loan's lifespan.
- The interest rate on a 15-year fixed mortgage rose to 5.77%. On a $100,000 loan, the monthly cost is $831 in principal and interest, with a total interest payment of $49,667 over the life of the loan.
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