TodayPassion

TCS and other IT companies may delays onboarding freshers and current employees could see variable pay cuts, The layoff season is still ongoing, and it has had a significant impact on individuals working for IT firms.   TCS   is one of the organizations that has avoided layoffs thus far. It is, however, implementing cost-cutting measures, as suggested by a new report. According to reports, current employees of large IT firms such as TCS may face variable pay cutbacks, as well as a delay in the onboarding of new staff. Here’s all we’ve learned thus far. According to Sriram Venkat, an HR company associate, the country’s IT IT businesses would disclose some variable compensation cutbacks in Q4 FY23. He asserted that employees in the lower band would not be affected by a wide margin and that it may range between 85 and 100 percent for high-size IT businesses. Those in mid- to upper-level positions will allegedly face layoffs based on business unit performance. It is also predicted...

  When the government initially introduced demonetization in 2016, the Center promoted paperless payments. Although cash is still king in today’s society, internet payments have expanded tremendously. The number of transactions peaked at 782 crores in 2022, signaling the end of the Unified Payments Interface (UPI). In December, UPI transactions hit a new high of Rs 12.82 lakh crore. According to data issued by the National Payments Corporation of India (NPCI), the governing agency for retail digital payments, the volume of transactions increased by 7.12% in December compared to November, while the value of transactions increased by 7.73% during the same month. UPI payments hit the Rs 12 lakh crore mark in October 2022. The amount and value of UPI transactions have increased considerably since the start of the epidemic and lockdowns two years ago. According to experts, UPI’s growth trend reflects the overall economy’s recovery and customers’ increasing usage of digital payment metho...

  Google is discontinuing free snacks, laundry services, and other employee perks plans to announce cost-cutting initiatives amid a wave of layoffs. According to sources, the cost of the perks provided to Google employees has risen significantly for the company. As a result, Google has decided to cut some of its expensive expenditures. Google’s company-wide benefits, such as free food from micro kitchens, laundry services, massages, and business lunches, are being removed. Google will also postpone  hiring  choices to save money. According to a Business Insider report, Google’s Chief Financial Officer, Ruth Porat, stated that the firm must use finances properly to focus on higher-priority tasks. Read More: http://todaypassion.in/google-is-discontinuing-free-snacks-laundry-services-and-other-employee-perks-and-heres-why/

  The first human case of bird flu was discovered in Chile on Wednesday, according to the country’s health ministry. The virus was identified in a 53-year-old male who reported severe influenza symptoms, according to an official statement from the health ministry, although the patient was in stable condition. According to reports, the Chilean government is investigating the cause of the outbreak and following anyone who has had contact with the government. Since late last year, the country has already seen outbreaks of H5N1 bird flu in wild animals. Yet, recent incidents at industrial farms have resulted in the government prohibiting chicken exports. The virus can be transferred from birds or marine animals to people, although no human-to-human transmission has been reported. Read More: http://todaypassion.in/chile-discovers-first-human-case-of-bird-flu-learn-more-about-symptoms-and-causes-here/

Sanatan Dharma in the USA Hindu Temple of Florida was founded in December 1983. A group of dedicated persons who had made Tampa Bay their home sensed the need for a place of prayer and Sanatana dharma practice in their chosen territory. They had already started joining small groups at various residences to do the routinely conducted poojas and festivals. They banded together, formed a non-profit company, and began raising funds for the site and, subsequently, the Temple’s construction. The current location was bought in 1989. The property came with an ancient home, which served as the first Temple “Balalaya.” Following fundraising and community interest, temple building started in 1994 and was finished in 1996, with the Maha Kumbabhishekam conducted the same year. The temple’s Indianization starts in the year 2000.