Investec Expects Adj. EPS Growth 14% – 25% In H1
Investec Plc (INVP.L) said that it expects adjusted earnings per share for the six months ending 30 September 2022 to be between 30.0 pence and 33.0 pence, an increase of 14% to 25% ahead of prior period.
It expects adjusted operating profit before tax for the six months ending 30 September 2022 to be between 372.6 million pounds and 406.2 million pounds compared to 325.7 million pounds in the first-half of fiscal year 2022.
It projects headline earnings per share for the period to be between 30.0 pence and 34.0 pence or 21% to 38% ahead of prior period.
BJ’s Wholesale Club Will Now Accept SNAP EBT Payment
Membership-based big box retailers, BJ’s Wholesale Club (NYSE: BJ), announced that they will be accepting SNAP EBT payments for the purchases at checkout on BJs.com or the retailer’s mobile application. The payment option is also valid for the company’s other services such as free pick up, shipping and one-day delivery.
Monica Schwartz, EVP and Chief Digital Officer of the company said, “Over the course of the last few months, we’ve been actively working to expand our online SNAP EBT payment options for our members across all the states we currently do business in.”
The payment can also be divided between the SNAP EBT card and debit or credit card according to the choice of the customer. “EBT payment options afford our members the time and money saving benefits that we know they love and expect from BJ’s,” added Schwartz.
TCS asks employees to work in office for at least three days a week
India’s largest IT services firm Tata Consultancy Services (TCS) is mandating its employees to be back in office for three days a week.
Teams will have to work with their team leaders, and the human resources team which three day’s best suits them.
In an email that went out to employees over the past two days, which Business Standard has seen, said: “As part of our return to office initiative, all TCSers are expected to work from office at least three days in a week.”
The email also stated that a roster will be created for each employee after discussion with the employee and his/her team leader or manager.
“Your respective managers will now roster you to work from the TCS office and you will receive the notification on the same,” said the email.
It also said adherence to rostering is mandatory.
TCS spokesperson said: “We are moving in a phased manner to get our associates back to office.
This is in line with our vision to transition to 25*25 model.”
Sources in the know also added that senior executives above the C4 band have been coming to office for at least five days a week.
This email notification was for employees in the C1-C4 band which is the bulk of the company’s employees.
TCS asks employees to work in office for at least three days a week
India’s largest IT services firm Tata Consultancy Services (TCS) is mandating its employees to be back in office for three days a week.
Teams will have to work with their team leaders, and the human resources team which three day’s best suits them.
In an email that went out to employees over the past two days, which Business Standard has seen, said: “As part of our return to office initiative, all TCSers are expected to work from office at least three days in a week.”
The email also stated that a roster will be created for each employee after discussion with the employee and his/her team leader or manager.
“Your respective managers will now roster you to work from the TCS office and you will receive the notification on the same,” said the email.
It also said adherence to rostering is mandatory.
TCS spokesperson said: “We are moving in a phased manner to get our associates back to office.
This is in line with our vision to transition to 25*25 model.”
Sources in the know also added that senior executives above the C4 band have been coming to office for at least five days a week.
This email notification was for employees in the C1-C4 band which is the bulk of the company’s employees.
Lyft To Offer Rides For Indeed’s Ready To Work Program
Lyft announced the expansion to its partnership with Indeed in Jobs Access program. The ride-hailing company will be providing transportation access for Indeed’s Ready to Work program.
Indeed’s Ready to Work program is a series of free virtual and in-person events for job seekers in several cities across the U.S. from September 15 to October 8, 2022.
Amid COVID-19’s severe impact on job market and job seekers, the company partnered with Indeed to expand the program to over 35 markets across the country earlier this year.
As per the latest deal, Lyft will provide access to rides for participants of Ready to Work’s in-person events. Through Ready to Work, Indeed hopes to connect 50,000 job seekers with employers looking to hire talent right now.
Lyft’s Jobs Access program, part of LyftUp, was launched in 2019. The Program provides access to rides for job seekers who need reliable transportation to get to job interviews, training, or the first few weeks of a new job. The company is in partnership with Indeed, Goodwill, and United Way for providing access to the free rideshare, bike, or scooter rides for the job purpose.
Abbey Carlton, Indeed’s VP of Social Impact, said, “The last couple of years have brought new challenges and exacerbated existing ones for so many job seekers. … The support from our partners will allow the Ready to Work initiative to reach as many job seekers as possible through both in-person and virtual events that will connect thousands of people with companies who need great talent now.”