(CNN) When it comes to salary negotiations , job candidates have a lot of leverage these days. "There are a number of economic factors that are relevant for thinking about salary negotiations right now," said Linda Babcock, an economics professor at Carnegie Mellon University. Along with rising inflation, the nationwide labor shortage -- there are now almost two jobs available for every job seeker -- has given workers "a lot more bargaining power than they have traditionally had in softer labor markets," she said. With that in mind, here's how experts suggest you handle salary negotiations in today's market: Nice to meet you, how much do you want to make? Recruiters are getting to the salary question much earlier these days. Read More The job hunt can be exhausting. Here's how to cope "What has really accelerated in the past few months is companies asking candidates very early in the process what their salary … [Read more...] about Employees have the upper hand in today’s job market. Here’s how to negotiate your salary
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Starchild: Malaysian children pay tribute to their favourite teachers
Teachers play a important role in shaping young minds. Educators who are dedicated and kind are remembered by their students long after they have left school. Some teachers inspire their pupils to do their best, and not just in their studies. Teachers Day was celebrated on Monday May 16. Here are the letters from Starchild readers about their favourite teachers. Lakshmita Vigneswaran , 12, thinks highly of her favourite teacher, Rima Rohani Mohamad. “She has been teaching me Bahasa Melayu for two years. Pn Rima is understanding and motherly. I am proud to have her as my class teacher. Happy Teachers’ Day, and may God bless her always.” Lakshmita Vigneswaran, 12 Bethany Wang Qi Syuen, 7 “I have three teachers teaching me in Year One. Two of them wear a microphone so that everyone in class can hear what they are teaching. I enjoy my various lessons, especially English. I look forward to celebrating my first Teachers Day in school,” says Bethany Wang Qi Syuen , … [Read more...] about Starchild: Malaysian children pay tribute to their favourite teachers
Spirit Airlines Pilots Want To Know: Is The Airline Eyeing Flat Pay For Five Years?
Share to Twitter Share to Linkedin Pilots at Spirit Airlines SAVE haven’t taken a position on the carrier’s merger future, but they don’t like what they have seen about the carrier’s plan for their futures. In a letter sent to members on Wednesday, Ryan Muller, chairman of the Spirit chapter of the Air Line Pilots Association, said he is concerned that Spirit has no intent to raise pilot wages over the next five years. Spirit has about 3,000 pilots. Muller said he read a JetBlue Securities & Exchange Commission filing, which described an April 19th conference call in which Spirit management described a five-year plan that “did not contemplate any wage increase for team members, including pilots, at a time of high attrition and an anticipated shortage of pilots.” The call included “members of JetBlue leadership and Spirit’s senior management team, along with representatives from Goldman Sachs, Morgan Stanley MS and Barclays,” Muller said. … [Read more...] about Spirit Airlines Pilots Want To Know: Is The Airline Eyeing Flat Pay For Five Years?
Amazon (AMZN) Union Gets Split Decision in NYC
Attempts to unionize Amazon.com, Inc. ( AMZN ) workers at two large facilities in the Staten Island borough of New York City have produced mixed results, with workers at one voting for unionization and those at the other voting against. The latter results were announced on May 2, 2022. Meanwhile, Amazon is asking the National Labor Relations Board (NLRB) to invalidate the vote in favor of the union, alleging various electoral irregularities. The Amazon Labor Union (ALU) won by a vote of 2,654 (55%) in favor out of 4,785 ballots counted at the JFK8 warehouse. However, the union lost by a margin of 618 (62%) against out of 998 votes counted at the adjacent LDJ5 sorting facility. The former site employs more than 8,000 people, while the latter has approximately 1,633 eligible voters. Key Takeaways After winning a vote to organize workers at an Amazon.com facility in Staten Island, New York, the same union lost a vote at an adjacent facility. Amazon had worked … [Read more...] about Amazon (AMZN) Union Gets Split Decision in NYC
Interview | Indian Overseas Bank MD says no communication from Centre on privatisation, ‘not even a hint’
Indian Overseas Bank MD and CEO Partha Pratim Sengupta Indian Overseas Bank Managing Director and Chief Executive Officer Partha Pratim Sengupta says the government has not approached the lender with a privatisation proposal although occasional media reports speculate about its sale. It has only been from such reports that Sengupta has got to know about the proposal, he said. In fact, the government has not even hinted that the bank will be privatized, Sengupta told Moneycontrol in an interview on May 20. Sengupta said the bank is aiming to grow its advances by 12% in the current financial year with secular growth across retail, micro, small and medium enterprise (MSME), corporate and agricultural loans. Edited excerpts: What is your growth outlook for FY23? The focus is that we should grow advances 12% year-on-year, that is our aim. So far, the credit off-take trend, I would say, is better than what we have seen for the similar period in the last financial year. … [Read more...] about Interview | Indian Overseas Bank MD says no communication from Centre on privatisation, ‘not even a hint’
RBI Governor meets bank chiefs to discuss credit growth, asset quality
RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 17 and May 18 met heads of state-run and private banks to take a stock of credit growth and asset quality in the banking system in the wake of recent geopolitical developments, the central bank said. “In his introductory remarks, the Governor noted the key role played by the banks in supporting the economy throughout the pandemic,” the central bank said in a release on Wednesday. Das further stated that the banking sector has remained resilient and has continued to improve despite facing various headwinds. He also advised banks to remain watchful of the recent geopolitical developments and take mitigating measures proactively including raising capital for ensuring that the potential impact on their balance sheets is minimised. Governor Das also urged banks to pay specific attention to further improving their grievance redress systems and continue to provide the necessary support … [Read more...] about RBI Governor meets bank chiefs to discuss credit growth, asset quality
Payment disruption fears linger as deadline nears for merchants to delete customer card data
Customers will have to enter the details afresh for each transaction from July 1 Starting July 1, payment aggregators and gateways and merchants onboarded by them will not be allowed to store credit and debit card data of customers on their platforms, as directed by the Reserve Bank of India. With a little over a month left, merchants are worried that an alternative system may not be ready in time. Payment aggregators, payment gateways and merchants can store card credentials of customers in their databases only until June 30, a deadline that has already been extended twice, most recently by six months on December 23. In the absence of an alternative mechanism, customers using their credit or debit cards from July 1 will have to enter the details afresh for each transaction, including the 16-digit card number, expiry date and card verification value (CVV). Payment companies and card networks Visa, Mastercard and RuPay are working to implement the alternative – Card on File … [Read more...] about Payment disruption fears linger as deadline nears for merchants to delete customer card data
When Your Business Ships Bad Code, Users Lose Faith In Security
Share to Twitter Share to Linkedin Justin Dolly is the Chief Security Officer for Sauce Labs , the leading provider of testing solutions that deliver digital confidence. Consider this scenario: Sales and marketing are yelling at engineering to deliver the features they promised to a customer. Product is pressuring the team to hit a release date that is quickly approaching. Engineering is rushing to hit a deadline and only then does someone suggest a security analysis. What happens? There will be some bugs in the code. Sound familiar? Balancing Customer Experience And Security Working with complex code, it is highly likely that there is a large amount of potentially vulnerable code in the wild that can affect security. If that code is already partially flawed, is it likely to lead to a perfect customer experience? One of the prevailing ideas is that this can all be fixed in production; it can, but what happens when a user encounters … [Read more...] about When Your Business Ships Bad Code, Users Lose Faith In Security