Salary negotiation is a crucial step in the interview process. You risk losing a lot when you don’t ask for more. And yes, even if you do not think you have the leverage, you should still do it. Here is a complete guide to negotiating, especially if it is your first job. advertisement advertisement How to negotiate when you don’t have much experience If there’s one thing that’s arguably more nerve-racking than a job interview, it’s negotiating your salary. And if you’re a recent graduate or someone who wants to change careers, the stakes can feel even higher. How are you supposed to convince someone you’re worth more when you have next to no experience? When you’re just starting out, you might feel like you have to accept the first offer, but if you do, you’re doing yourself a massive financial disservice. As Fast Company ‘s Lydia Dishman reports , not negotiating your starting salary can set you back more than $500,000 by the time you reach … [Read more...] about How to negotiate your salary for any job
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With ‘hands full,’ Senate resumes session ahead of prexy, VP vote canvassing
The Senate building at the GSIS Complex in Pasay City. (Photo by LYN RILLON / Philippine Daily Inquirer) MANILA, Philippines — The Senate on Monday resumed its session to act on pending legislative measures and prepare for Congress’ canvassing of presidential and vice presidential votes. “The Senate will have its hands full in fulfilling its constitutional duties when it resumes the 3rd Regular Session of the 18th Congress,” the Senate Public Relations and Information Bureau (PRIB) said in a previous statement. The upper chamber resumed session at 10 a.m. and will approve a concurrent resolution allowing the Senate and the House of Representatives to convene as the National Board of Canvassers on May 24 to canvass the votes and later proclaim the country’s next president and vice president. The Senate has so far delivered to the House over 150 certificates of canvass containing votes cast for the presidential and vice presidential races. Under the 1987 … [Read more...] about With ‘hands full,’ Senate resumes session ahead of prexy, VP vote canvassing
Shanghai reopens some public transport, still on high Covid alert
- A + A SHANGHAI/BEIJING (May 22): Shanghai reopened a small part of the world's longest subway system on Sunday, after some lines had been closed for almost two months, as the city paves the way for a more complete lifting of its painful Covid-19 lockdown next week. With most residents not allowed to leave their homes and restrictions tightening in parts of China's most populous city, commuters early on Sunday needed strong reasons to travel. Shanghai's lockdown and curbs in other cities have battered consumption, industrial output and other sectors of the Chinese economy in recent months, prompting pledges of support from policymakers. Many who ventured out in the commercial hub wore blue protective gowns and face shields. Inside the carriages, passengers were seen keeping some empty seats between themselves. Crowds were small. Xu Jihua, a migrant construction worker, arrived at a subway stop before it opened at 7 a.m., hoping to get to a rail station, then … [Read more...] about Shanghai reopens some public transport, still on high Covid alert
RM21mil lost in giant Macau scam
GEORGE TOWN: A businessman from Port Dickson lost a record RM21mil in a Macau scam after he allegedly revealed his bank Transaction Authorisation Code (TAC) numbers to a “bank official”. However, the 63-year-old victim was not from Penang as reported recently, said Selangor Commercial Crime Investigation Department (CCID) chief Asst Comm Azman Ali. “The victim is a millionaire and has several businesses in Bukit Kemuning, Shah Alam, and Kuala Lumpur. “From the report that we received from the victim, he is from Port Dickson and not Penang as alleged,” he said briefly when contacted. The case is believed to be the biggest Macau scam ever recorded by the police for a single victim in recent years. ACP Azman said the victim lodged a police report in Shah Alam on May 6 after realising that his money had been transferred to other unknown accounts. It was reported that the victim is a millionaire and founder of a domestic energy company that has a net worth of over RM100mil. … [Read more...] about RM21mil lost in giant Macau scam
Government extends April GST payment deadline till May 24
As taxpayers face technical glitches on the GST portal, the government on Tuesday extended the due date for April tax payment till May 24 and has directed Infosys for early resolution of the problem. “The due date for filing FORM GSTR-3B for the month of April 2022 has been extended till 24th May 2022,” the Central Board of Indirect Taxes and Customs (CBIC) said in a late-night tweet. Earlier in the day, the CBIC had said that a technical glitch has been reported by Infosys in the generation of April GSTR-2B and auto-population of GSTR-3B on the portal. “Infosys has been directed by Govt for early resolution. Technical team is working to provide GSTR-2B & correct auto-populated GSTR-3B at the earliest,” the CBIC tweeted. GSTR-2B is an auto-drafted Input Tax credit (ITC) statement which is available to every GST registered entity based on the information furnished by their suppliers in their respective sales return form GSTR-1. Close GSTR-2B statement is … [Read more...] about Government extends April GST payment deadline till May 24
Buy LIC Housing Finance: target of Rs 505: Sharekhan
"India’s specialty chemicals industry is a decadal growth opportunity and it is still not too late to participate in the value creation process. We prefer CRAMS/CSM players Navin Fluorine (Navin) and PI Industries (PI) as they provide long-term earnings visibility. We also like UPL due to robust growth outlook and reducing debt concerns and SRF due to rising contribution from the chemicals business," JM Financial research report. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan's research report on LIC Housing Finance LIC Housing Finance reported better-than-expected operating performance led by lower credit costs in Q4FY22. NII beat ours and the street’s expectations and was at Rs. 1,637 crore versus our estimate of Rs. 1,498 crore, rising by ~9% y-o-y and ~13% q-o-q. The company posted a PAT of Rs. 1,119 crore versus … [Read more...] about Buy LIC Housing Finance: target of Rs 505: Sharekhan
GST Council may consider modification in monthly tax payment form for better ITC reporting
The GST Council is likely to consider modification in summary return and monthly tax payment form, GSTR-3B, in its meeting next month, with a view to check fake input tax credit claims and expedite settlement of genuine ones, an official said. According to officials, the modified form will provide clarity with regard to gross input tax credit (ITC) due to the taxpayer, the amount claimed in a particular month and the net amount left in the taxpayer's ledger. A meeting of the Goods and Services Tax (GST) Council, the highest decision making body in the GST matter, is likely to be held next month. The modified form will help in checking bogus ITC claims and ensure that honest taxpayers are able to timely avail the ITC benefit. "The law committee of the GST Council is looking at streamlining the GSTR-3B so that there is further clarity on ITC disclosure. The modified GSTR-3B is expected to be put up before the Council in its next meeting," the official told PTI. Close … [Read more...] about GST Council may consider modification in monthly tax payment form for better ITC reporting
Buy LIC Housing Finance; target of Rs 500: YES Securities
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × YES Securities' research report on LIC Housing Finance LIC HF delivered a better-than-expected performance in Q4 FY22 with NII/PPOP/PBT beat of 12%/14%/22%. Notably, this performance was aided by material NIM expansion (largely driven by CoF decline) and lower credit cost (underpinned by 15%/5% qoq reduction in Stage-2/Stage-3 assets). Collection efficiency was strong through the quarter (March at 99%) and there were significant NPL recoveries in builder/high-value loan segments. Stage-2 ECL coverage was maintained while Stage3 coverage was raised. Portfolio construct has reverted to pre-pandemic level and ECL coverage is better, which provides visibility of moderate credit cost for coming quarters. NIM expansion in Q4 FY22 was driven by a) positive re-pricing of liabilities (CoF down by 20 … [Read more...] about Buy LIC Housing Finance; target of Rs 500: YES Securities
Joe Biden tendng to business in South Korea visit with Hyundai exec
SEOUL, South Korea — President Joe Biden is tending to both business and security interests Sunday as he wraps up a three-day visit to South Korea, showcasing Hyundai’s pledge to build a $5.5 billion electric vehicle and battery factory in Georgia and visiting U.S. and South Korean troops monitoring the rapidly evolving North Korean nuclear threat. The major U.S. investment by a South Korean company, which was formally unveiled in Georgia on Friday, is a reflection of how the U.S. and South Korea are leveraging their longstanding military ties into a broader economic partnership. The U.S. president has made greater economic cooperation with South Korea a priority, saying on Saturday that “it will bring our two countries even closer together, cooperating even more closely than we already do, and help strengthen our supply chains, secure them against shocks and give our economies a competitive edge.” The pandemic and Russia’s invasion of Ukraine in February has forced a deeper … [Read more...] about Joe Biden tendng to business in South Korea visit with Hyundai exec
How several states are taking the lead on restoring overtime pay
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay