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It's raining jobs in IT! Skilled techies take home big bucks

It s raining jobs in IT! Skilled techies take home big bucks
Going by the strong deal momentum and higher attrition rates announced by major IT firms in their Q4 results and post-earnings calls, there is a war for talent in the Indian IT industry, making meatier salaries, bonuses, and perks common again
Vidya S | April 28, 2021 | Updated 13:46 IST
IT employees looking for jobs are dealing with 3-4 offers
IT employees actively hunting for a job are negotiating an average of three to four offers at present, and are seeing 50-70 per cent joining hikes as demand for niche digital skills are at an all-time high driven by Covid-led opportunities, according to recruiting firms. ....

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Bumble expects pent up demand from those who avoided meeting amid Covid

By Sohini Podder
(Reuters) - Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.
Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.
The company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.
Texas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million. ....

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Experts claim US life expectancy dropped by a year during 2020

Experts claim US life expectancy dropped by a year during 2020
1 month 2 weeks 2 days ago
Thursday, February 18 2021
Feb 18, 2021
February 18, 2021 4:58 AM
February 18, 2021
in
News
Source: CNN
Generic image of a couple wearing masks as they walk in public during the 2020 coronavirus pandemic.
Most would agree that the health, social, and economic ramifications of the COVID-19 health crisis have been far-reaching, but a recent report by the Centers for Disease Control and Prevention (CDC) indicates that the pandemic s effects have been even more monumental than many realized.
According to CNN s analysis of the report, life expectancy in the U.S. actually decreased by a full year in the first half of 2020 and health officials are pointing to novel coronavirus as a major contributing factor to the decline. ....

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When will the Covid-19 pandemic end? In 7 years at today's vaccine rates

When will the pandemic end? It’s the question hanging over just about everything since Covid-19 took over the world last year. The answer can be measured in vaccinations.
Bloomberg has built the biggest database of Covid-19 shots given around the world, with more than 119 million doses administered worldwide. US science officials such as Anthony Fauci have suggested it will take 70 per cent to 85 per cent coverage of the population for things to return to normal. Bloomberg’s Vaccine Tracker shows that some countries are making far more rapid progress than others, using 75 per cent coverage with a two-dose vaccine as a target. ....

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EPFO settles 56.79 lakh COVID-19 advance claims, disburses Rs 14,310 crore till Dec

EPFO settles 56.79 lakh COVID-19 advance claims, disburses Rs 14,310 crore till Dec
The quantum of disbursement is indicative of the stress on formal sector workers that led to job loss, pay cuts and forced migration
BusinessToday.In | January 17, 2021 | Updated 14:30 IST
Employees Provident Fund Organisation settled 56.79 lakh COVID-19 non-refundable advance claims and disbursed Rs 14,310 crore till December 31. This is indicative of the adverse impact of the coronavirus pandemic on the employees in the formal sector.
The EPFO has settled 56.79 lakh COVID-19 withdrawal claims and disbursed Rs 14,310 crore to subscribers during the pandemic till December 31, 2020, a source said, as mentioned in agency reports. The EPFO settled 197.91 lakh claims related to final settlement, death, insurance, advance claims and disbursed Rs 73,288 crore till December 31. ....

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