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Yahoo
23-05-2025
- Business
- Yahoo
Salesforce (CRM) and Indeed Team Up, Use AI Agents to Ease Hiring Workflows
We recently published a list of . In this article, we are going to take a look at where Salesforce Inc. (NYSE:CRM) stands against other AI stocks that are making waves this week. Salesforce Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. On May 21, the company announced that Indeed, a global job matching and hiring platform, is deploying Agentforce to support employer account onboarding with digital labor. Indeed will be leveraging AI agents to automate routine administrative tasks and scale its support operations. Currently, Indeed plays host to 610 million Job Seeker Profiles, allowing more than 3.3 million employers to reach the right candidates. A customer service team in an office setting using the company's Customer 360 platform to communicate with customers. After the company realized that 22% of employer support requests are related to the onboarding or account moderation process, it decided to automate this process through Salesforce's autonomous AI agents. Through the said Agentforce deployment, Indeed will be able to automate processes such as answering employer questions autonomously, and addressing routine questions about things such as the account verification process or administrative tasks related to onboarding or job posting. Indeed will also be deploying Data Cloud to streamline its extensive data from different systems and formats to ground Agentforce. 'Indeed's dedication to rapid and efficient job matching, coupled with outstanding support for employers, is central to its success. By leveraging the power of Salesforce's deeply unified platform, including Agentforce and Data Cloud, Indeed can deliver an enhanced onboarding experience while freeing their teams to concentrate on specialized employer needs and expanding opportunities for job seekers.' Overall, CRM ranks 3rd on our list of AI stocks that are making waves this week. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CRM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
13-05-2025
- Business
- The Sun
Warning for anyone claiming Universal Credit as 116,000 have payments cut or stopped
TENS of thousands on Universal Credit have had payments stopped or slashed over just a four week period. The latest figures from the Department for Work and Pensions (DWP) show that 116,015 on the benefit had sanctions in February. This was up from 109,755 in January and the highest figure since November. Overall, 5.5% of Universal Credit claimants who could have had sanctions in February had them, up from 5.4% in January. Sanctions are issued by the DWP if someone on Universal Credit doesn't abide by the rules of their Claimant Commitment. A Claimant Commitment lists the responsibilities you must carry out in order to carry on receiving Universal Credit. This includes attending appointments with your work coach, updating your CV and job hunting. If you're issued a sanction by the DWP, it can see your Universal Credit payments reduced or stopped completely. You are sanctioned daily with different rates applying depending on your circumstances. For example, payments are reduced by 100% of the Universal Credit standard allowance rate for each day the sanction is in place. However, if you are aged 16 or 17 your payments are reduced by 40% of the standard allowance rate. Any additional amounts you get on top of your standard allowance are still paid to you while you're being sanctioned - for example, the carer's element. All the freebies you can get on Universal Credit As an example, someone on Universal Credit who is under 25 and single sees their payments reduced by £10.40 per day if they're sanctioned. For someone on the benefit who is over 25 and single, they are sanctioned £13.10 per day. The length of sanction you receive can range from seven days to six months. How long you are sanctioned for depends on the severity of the sanction. There are four levels of sanction: lowest, low, medium and high. Reasons you can be sanctioned include: failing to apply for or accept a job without good reason or losing a job due to misconduct (high sanction level) not being available for work or not taking action to get paid or better paid work without good reason (medium sanction level) failing to take a specified action which might lead to better pay or failing to meet a work-focused interview requirement (low sanction level) failing to attend a work-focused interview without good reason (lowest sanction level) You can find out more about sanctions via How to appeal a sanction If you think you've been sanctioned unfairly you can contact the DWP and ask for a "mandatory reconsideration". You have one month from when you were notified about the sanction to do so. If you've been sanctioned unfairly, the first thing you must do is check the level of sanction and for how long your money has been reduced. You'll then need to contact the DWP for a mandatory reconsideration if you think they've made the wrong decision. Citizens Advice says you should have been told: Why you've received a sanction The level of sanction you've been given How long the sanction will last How much money will be taken away from your Universal Credit payment The date the sanction decision was made It is still worth applying for a mandatory reconsideration if you have missed the one month deadline for a good reason, such as being in hospital. There are several ways you can apply for a mandatory reconsideration - just remember to include as much supporting evidence as possible. If you have an online Universal Credit account, you can write a message to the DWP explaining why you disagree with the decision. You can also print off and fill out the CRMR1 mandatory reconsideration request form on but remember to allow time for your letter to get to the DWP ahead of your deadline window. You can also call the Universal Credit helpline on 0800 328 5644. Letters should be sent to DWP Complaints, Post Handling Site B, Wolverhampton, WV99 2GY.
Independent Singapore
12-05-2025
- Business
- Independent Singapore
Man asks, ‘Why are companies so insistent on linking everything to your last pay cheque instead of experience and skills?'
- Advertisement - SINGAPORE: A Singaporean man took to Reddit to question why employers continue to base job offers on a candidate's last-drawn salary instead of evaluating them based on their experience and skill set. In a recent post on the r/AskSingapore forum, the man shared that during the early stages of his career, he had deliberately accepted roles with slightly lower pay in order to gain relevant and valuable experience. 'I believed in what the boomers were saying, [about] how I should prioritise the right experience over short-term pay — e.g. front office over back office even if the pay is less, and it was ok to be underpaid at the start and the money will come later.' Years into his career, however, he expressed regret over that decision. After attending several job interviews, he noticed that prospective employers were unwilling to offer more than a 10 to 15 per cent increment from his previous salary even when they acknowledged that the resulting offer would still be below current market rates. - Advertisement - 'I would have all my experience reset to zero as if I was an entry level hire,' he said. 'The logic makes zero sense to me. By their logic I should just take only the highest paying job even if I learn zero skills because the salary will always be benchmarked against that?' The man also took issue with another piece of popular career advice — taking a pay cut to work in developing ASEAN countries for 'overseas exposure'. While many seasoned professionals suggest that such experience can boost one's portfolio, he claimed that Singapore employers often weaponise the lower foreign salary against candidates when they return. 'If you take a 50% pay cut to work in Vietnam, aka you should be getting a 100% pay rise just to get back to your old SG number (to be honest, you would want an increment on top of that to reflect your overseas experience), but HR will say some stuff like, 'Max we give is 20–25% on your Vietnam number,'' he said. 'It's completely stupid because cost of living and the market are completely different, but I'm not sure what's the right way to get out of an underpaid cycle,' he continued. - Advertisement - Frustrated, he ended the post by asking fellow users: 'Does HR take joy in lowballing people knowing they pay far below market and will face high attrition? Or is high attrition expected everywhere so everyone should just be constantly interviewing 24/7?' 'If you don't want to be exploited, know how much you can get paid.' In the thread, many users shared the same frustrations, pointing out that it's pretty common for employers in Singapore to place too much weight on a candidate's last-drawn salary. One user said, 'I agree, this is a practice which benefits the employer. Jobs should pay as per the decided pay range and not based on the candidate's last drawn.' Another remarked, 'If your last pay is low, they'll continue to lowball. If your last pay is high, they'll tell you no budget and lowball you, cannot win one.' - Advertisement - That said, a few users felt the man might have simply encountered the wrong companies, as some employers do base their offers on skills and experience instead. As a testament to this, one user shared their personal experience, writing, 'Many companies I've interviewed with did not ask for my current or previous salary. They were more keen in my experiences and expected salary. I have not shown any pay slips to any company.' Another added, 'Companies try to keep their costs down at your expense. If it's a good company, they'll make sure you're being paid a fair rate by giving appropriate hikes, on par with the rest of the industry. 'If the company is not good, they give you 1-3% hikes and tell you to be grateful for that because it's worse elsewhere. At the end of the day, they're there to look out for themselves which means if you don't want to be exploited, know how much you can get paid outside and jump ships if your company does underhanded stuff.' Some users also encouraged him to improve his negotiation skills during job interviews to secure better offers. One wrote, 'If you have marketable experience and skills, shift the conversation away from your last drawn [salary] to the value that you can bring to the company, this makes getting at least the industry average much easier.' Be clear about your salary expectations from the start According to MyCareersFuture, if you're currently underpaid or hoping for a bigger jump in your salary when switching jobs, it's important to take a proactive approach. Employers often ask for your last drawn pay so they can match it or justify the amount they plan to offer. But this can be limiting if your previous salary doesn't reflect your true market value. That's why it helps to be upfront about your salary expectations from the start. Instead of waiting until later rounds of the interview to discuss pay, try bringing it up early in the process. Some candidates think it's better to 'impress first and negotiate later,' but this can sometimes leave a bad impression or make things more difficult. Being clear from the beginning shows confidence and helps set realistic expectations on both sides. Also, career experts say that if you're asking for a higher salary, you should be prepared to explain why. Highlight your skills, experience, and any extra value you bring to the role. This can make it easier for employers to understand where you're coming from and increase your chances of getting an offer that reflects your worth. Read also: 'I OT till 9pm almost daily' — 25 y/o earning $3K/month burnt out just 2 weeks into her new job, considers quitting without backup plan Featured image by Depositphotos (for illustration purposes only)
Yahoo
25-03-2025
- Business
- Yahoo
Centrelink win for 460,000 pensioners in $450 million budget move
Deeming rates will remain frozen for another year, allowing pensioners to keep more of their Centrelink payments in their pockets. The government confirmed it would not lift rates in the 2025 Federal Budget to help older Aussies deal with the rising cost of living. Deeming rates are the rates of return the government assumes people earn on their financial assets, regardless of what they actually earn. That means if you earn more than the deemed rate, it isn't counted by the government when working out your payments. It applies to financial assets like shares, superannuation and bank accounts. The freeze applies to all people receiving Centrelink payments, including around 460,000 age pensioners whose rate of payment are impacted by deeming. RELATED Centrelink recipient hits out at 'pointless' $3.10 cash boost amid calls to drastically increase JobSeeker Centrelink change to see thousands more Aussies eligible for age pension Centrelink indexation cash boost for pensioners, JobSeekers and carers: 'Up to $182' Rates have been at their current levels, with a lower rate of 0.25 per cent and an upper rate of 2.25 per cent, since May 2020. Usually rates track in-line with the Reserve Bank of Australia cash rate, which is currently 4.10 per cent. While deeming rates were not mentioned in the Budget papers, a Department of Social Services representative has said they will remain frozen for another year. The former Coalition government froze rates in 2022 for two years as a cost-of-living measure after the RBA started increasing interest rates. The Labor government then extended this freeze last year to July 1, 2025. The decision not to lift deeming rates will be a hit to the budget. The government has estimated that a 1 percentage point increase in deeming rates saves about $1.8 billion over the four-year forward estimates, or about $450 million a singles, the first $62,600 of your financial assets have a deemed rate of 0.25 per cent. Anything over $62,600 is deemed to earn 2.25 per cent. For couples where at least one person gets a pension, the first $103,800 of your combined assets have a deemed rate of 0.25 per cent. Anything over $103,800 is deemed to earn 2.25 per cent. The government indexes deeming rate thresholds every July 1, in line with increases in the cost of living. You can read more about deeming rates and how they impact your pension here. The Labor government has promised to reduce the price of PBS-listed medicines to no more than $25 a script, should they be re-elected. This would reduce the cost of four out of five PBS medicines and cut maximum costs by more than 20 per cent from January 1, 2026. Pensioners and concession cardholders will continue to have medicine costs frozen at $7.70 until in to access your portfolio
