Business

Data Entry – Stumped Finding Your Next Gig

Consider pivoting to data entry to tide you over

For a significant number of people, the pandemic brought an abrupt stop to earning a wage.

And though the Covid restrictions are now being lifted around the world, still some people are finding it hard to get work.

Registering on job boards feels useless as the hoped-for all is just not coming.

Those of us with serious skills in particular industries have worked through our contact lists and still, have not been able to secure a new position.

Or, we have found work but the inflation that followed the pandemic has made it all the more difficult to make ends meet.

Time to Pivot

One of the lessons that businesses learned during the pandemic is that, with some modifications and different ways of monitoring staff, it is possible to hire and operate remote workforces.

Managers must onboard new hires and, in some cases, existing employees. Here are some of the best tools, resources, and methods for doing remote onboarding, according to Lensa.

In fact, at the end of the lockdown phase, getting people to return to offices has come with plenty of caveats.

More people, sensing that employers are on the back foot, have demanded more work-from-home days, continued support for remote working conditions, and fewer hours.

While these staffers have an advantage over their employers, they too are creating some opportunities for those that have not landed so gracefully on their feet.

Photo by Markus Spiske on Unsplash

One of the bigger opportunities that has arisen is that of data entry.

As an outcome of the staffing shortages, work has been cut away from capable staff that knows how to process data but are unwilling to do those extra hours.

The trick is being able to find companies that have split the analysis from the inputting tasks.

While the specific companies might not apply to you or operate in your region, their profiles are likely to suggest other companies nearer to you that are following a similar strategy.

What Qualifications Are Required

Data entry is not solely about typing speed, or even the ability to touch type (though such is a definite plus).

The most important aspects that companies seek in those tasked with entering data are self-management, responsibility, and attentiveness.

Part of the challenge with data entry comes from the fact that a great deal of data is unformatted.

The data can arrive from many different sources and as such, are unlikely to have the same structure or level of completeness. This alone is a reason why many data entry jobs can not be automated.

The fact that the data is not homogeneous is the primary source of the opportunity as it is human beings, with their ability to sort and categorize that keeps us employed in spite of ever-advancing computer technology.

However, being remote poses a challenge. Employers need to be sure that the work assigned will be completed in time and done accurately. This is where you need to be sure that you can manage yourself.

Can you realistically estimate the time it will take you to process what you are tasked with processing? Can you prioritize the work over your other, pressing domestic challenges?

Accuracy goes hand-in-hand with attentiveness. One issue with combing through mountains of data is the boredom that can ensue.

One can also become distracted or deviate from the objectives of the task. For example, looking at row after row of names, one might miss a row, allowing through some garbage data.

Or, having read so many descriptions that are similar, one’s mind might start to wander and miss red flags that should cause you to reject items.

It is important to keep reminding yourself of the objective every once in a while, lest you become mesmerized and stop being the gatekeeper that is part of the remote data entry job specification.

Aside from the above tasks, data entry also requires communication skills. You have to be able to extract objectives sometimes from vague requirements.

But there are ways to do this. Simply by writing back, in your own words what you think the objective is, you can confirm that you are getting the task’s objectives correctly.

Photo by ThisisEngineering RAEng on Unsplash

The same applies when analyzing data. You may find, for example, other items that should also be considered after having come to understand the company’s data collection objectives.

In these cases, you are going to want to explain why some other data should be captured. And if you can spot these sorts of opportunities, you should assure yourself of more and better-paying work.

If this sort of work interests you and you would like to know more, take a look at this other article that talks about the skills and also, what you can expect to earn.

If for no other reasons, knowing what counts as data entry is valuable, and what the pay rate might be.

Photo by Jon Tyson on Unsplash

While data entry might not be a long-term solution, it is a way to tide you over until something better comes along. And it could even be an entry point to new opportunities lurking just over the horizon.

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Business

PepsiCo Reduces Revenue Projections As North American Snacks And Key International Markets Underperform.

(VOR News) – In the third quarter of this year, Pepsi’s net income was $2.93 billion, which is equivalent to $2.13 per share. This was attributed to the company.

This is in stark contrast to net income of $3.09 billion, which is equivalent to $2.24 per share, during the same period in the previous year. The company’s earnings per share were $2.31 when expenses were excluded.

Net sales decreased by 0.6%, totaling $23.32 billion. Organic sales increased by 1.3% during the quarter when the effects of acquisitions, divestitures, and currency changes are excluded.

Pepsi’s beverage sales fell this quarter.

The most recent report indicates that the beverage and food sectors of the organization experienced a 2% decline in volume. Consumers of all income levels are demonstrating a change in their purchasing habits, as indicated by CEOs’ statements from the previous quarter.

Pepsi’s entire volume was adversely affected by the lackluster demand they encountered in North America. An increasing number of Americans are becoming more frugal, reducing the number of snacks they ingest, and reducing the number of times they purchase at convenience stores.

Furthermore, Laguarta observed that the increase in sales was partially attributed to the election that occurred in Mexico during the month of June.

The most significant decrease in volume was experienced by Quaker Foods North America, which was 13%. In December, the company announced its initial recall in response to a potential salmonella infection.

Due to the probability of an illness, the recall was extended in January. Pepsi officially closed a plant that was implicated in the recalls in June, despite the fact that manufacturing had already been halted.

Jamie Caulfield, the Chief Financial Officer of Pepsi and Laguarta, has indicated that the recalls are beginning to have a lessening effect.

Frito-Lay experienced a 1.5% decline in volume in North America. The company has been striving to improve the value it offers to consumers and the accessibility of its snack line, which includes SunChips, Cheetos, and Stacy’s pita chips, in the retail establishments where it is sold.

Despite the fact that the category as a whole has slowed down in comparison to the results of previous years, the level of activity within the division is progressively increasing.

Pepsi executives issued a statement in which they stated that “Salty and savory snacks have underperformed year-to-date after outperforming packaged food categories in previous years.”

Pepsi will spend more on Doritos and Tostitos in the fall and winter before football season.

The company is currently promoting incentive packets for Tostitos and Ruffles, which contain twenty percent more chips than the standard package.

Pepsi is expanding its product line in order to more effectively target individuals who are health-conscious. The business announced its intention to acquire Siete Foods for a total of $1.2 billion approximately one week ago. The restaurant serves Mexican-American cuisine, which is typically modified to meet the dietary needs of a diverse clientele.

The beverage segment of Pepsi in North America experienced a three percent decrease in volume. Despite the fact that the demand for energy drinks, such as Pepsi’s Rockstar, has decreased as a result of consumers visiting convenience stores, the sales of well-known brands such as Gatorade and Pepsi have seen an increase throughout the quarter.

Laguarta expressed his opinion to the analysts during the company’s conference call, asserting, “I am of the opinion that it is a component of the economic cycle that we are currently experiencing, and that it will reverse itself in the future, once consumers feel better.”

Additionally, it has been noted that the food and beverage markets of South Asia, the Middle East, Latin America, and Africa have experienced a decline in sales volume. The company cut its forecast for organic revenue for the entire year on Tuesday due to the business’s second consecutive quarter of lower-than-anticipated sales.

The company’s performance during the quarter was adversely affected by the Quaker Foods North America recalls, the decrease in demand in the United States, and the interruptions that occurred in specific international markets, as per the statements made by Chief Executive Officer Ramon Laguarta.

Pepsi has revised its forecast for organic sales in 2024, shifting from a 4% growth rate to a low single-digit growth rate. The company reiterated its expectation that the core constant currency profitability per share will increase by a minimum of 8% in comparison to the previous year.

The company’s shares declined by less than one percent during premarket trading. The following discrepancies between the company’s report and the projections of Wall Street were identified by LSEG in a survey of analysts:

SOURCE: CNBC

Business

Old National Bank And Infosys Broaden Their Strategic Partnership.

(VOR News) – Old National Bank, a commercial bank with its headquarters in the Midwest, and Infosys, a firm that specializes in information technology, have recently entered into a strategic expansion of their link, which has been in place for the past four years.

This expansion is more likely to take place sooner rather than later, with the likelihood being higher.

For the purpose of making it possible for Old National Bank to make use of the services, solutions, and platforms that are offered by Infosys, the objective of this expansion is to make it possible for the bank to transform its operations and processes through the application of automation and GenAI, as well as to change significant business areas.

This lets the bank leverage Infosys’ services, solutions, and platforms.

Old National Bank Chairman and CEO Jim Ryan said, “At Old National, we are committed to creating exceptional experiences for both our customers and our fellow employees.”

This statement is applicable to Old National Bank. Infosys is carefully managing the business process innovations that it is putting us through, putting a strong emphasis on efficiency and value growth throughout the process to ensure that it is carried out efficiently.

This is a routine occurrence throughout the entire operation. Because of Infosys’ dedication to our development and success, we are incredibly appreciative of the assistance they have provided.

Old National has been receiving assistance from Infosys in the process of updating its digital environment since the year 2020, according to the aforementioned company.

Ever since that time, the company has been providing assistance. The provision of this assistance has been accomplished through the utilization of a model that is not only powerful but also capable of functioning on its own power.

Infosys currently ranks Old National thirty-first out of the top thirty US banks.

This ranking is based on the fact that Old National is the nation’s largest banking corporation.

It is estimated that the total value of the company’s assets is approximately fifty-three billion dollars, while the assets that are currently being managed by the organization are valued at thirty billion dollars.

Dennis Gada, the Executive Vice President and Global Head of Banking and Financial Services, stated that “Old National Bank and Infosys possess a robust cultural and strategic alignment in the development, management, and enhancement of enterprise-scale solutions to transform the bank’s operations and facilitate growth.”

This remark referenced the exceptional cultural and strategic synergy between the two organizations. Dennis Gada is the one who asserted this claim. This was articulated explicitly concerning the exceptional cultural congruence and strategy alignment of the two organizations.

We are pleased to announce that the implementation of Infosys Topaz will substantially expedite the transformation of Old National Bank’s business processes and customer service protocols. We are exceedingly enthusiastic about this matter. We are quite thrilled about this specific component of the scenario.

Medium-sized banks operating regionally will continue to benefit from our substantial expertise in the sector, technology, and operations. This specific market segment of Infosys will persist in benefiting from our extensive experience. This phenomenon will enable this market sector to sustain substantial growth and efficiency benefits.

SOURCE: THBL

Business

American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

The largest regulated water and wastewater utility company in the United States stated Monday that it had been the target of a cyberattack, forcing the company to halt invoicing to consumers.

American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

American Water, based in New Jersey and serving over 14 million people in 14 states and 18 military facilities, said it learned of the unauthorized activity on Thursday and quickly took precautions, including shutting down certain systems. The business does not believe the attack had an impact on its facilities or operations and said employees were working “around the clock” to determine the origin and scale of the attack.

water

The corporation stated that it has alerted legal enforcement and is cooperating with them. It also stated that consumers will not be charged late fees while its systems are unavailable.

According to their website, American Water operates over 500 water and wastewater systems in around 1,700 communities across California, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Maryland, Missouri, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia.

SOURCE | AP