Tuesday, June 13, 2023

Kotak Private Banking Launches Kotak Réserve - A Savings Programme For India's Ultra Rich


Kotak Private Banking - a division of Kotak Mahindra Bank Limited (“KMBL”/ “Kotak”), today announced the launch of Kotak Réserve - a Savings Programme* curated for UHNIs and HNIs. Extending services beyond banking, this by-invite programme offers a range of exclusive services designed to provide clients with a luxury banking experience like never before.

Through this Savings programme, Kotak Private Banking aims to provide an unparalleled premium banking experience through a host of exclusive lifestyle offerings across travel, health & wellness, and entertainment, amongst others. This addition to the existing offerings will add an edge to Kotak Private Bankings’ overall bespoke services provided to the clientele.

Key offerings include:

An exclusive Epicure Privileged Membership by Taj* across a wide spectrum of services such as stay, dining, spa among others

A Lafayette Luxury Concierge* that provides exclusive bespoke lifestyle solutions, from planning a luxury vacation to a private cultural excursion, or even getting reservations at some of the most exclusive Michelin-starred restaurants in the world

BookMyShow* vouchers to enjoy the wonders of art, culture, cinema, and entertainment

Preferential pricing* on services such as lockers and loans, unlimited home banking services, an exclusive call back service dedicated to its clientele

Kotak White Reserve credit card^ that offer exclusive Club Marriott membership, tee-offs at the finest Golf courses in India and globally, unlimited complimentary International and Domestic Lounge visits, amongst others

Oisharya Das, CEO–Private Banking, Kotak Mahindra Bank Ltd. said, “We have curated an exclusive Savings Programme–Réserve, which offers bespoke experiences to our UHNI and HNI clientele. By invitation*, Réserve offers a range of privileges for an elevated experience beyond banking. We have onboarded leading luxury brands for this proposition which we believe will be an invaluable addition to our suite of offerings and a game-changer in the world of premium banking."

For more information, visit the Company’s website at www.kotakprivate.com

About Kotak Private Banking:

Kotak Private Banking, a division of Kotak Mahindra Bank, is one of the oldest and most respected private banking institutions in India. It provides end-to-end banking and investment services to its clientele, which includes 51% of India’s top 100 families (Source: Forbes India Rich List, 2021). For nearly 20 years and even during uncertain and volatile times, Kotak Private Banking has maintained its leadership position in the Indian private banking industry due to its in-depth understanding of the environment, asset classes and the associated risks, as well as clients’ specific requirements.

*To qualify for the Programme, clients must meet defined eligibility criteria, listed on Kotakprivate.com, for other terms & conditions, please visit https://www.kotakprivate.com/our-offerings/all-terms.php

^Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card Terms and Conditions, please visit www.kotakprivate.com for details.

Accenture To Invest $3 Billion In AI To Accelerate Clients’ Reinvention


* Expanded Data & AI practice to offer new industry solutions and pre-built models that will help companies across 19 industries drive value

* Also launches AI Navigator for Enterprise platform to guide AI strategy, use cases, rigorous business cases, decision-making and responsible policies; and Center for Advanced AI to help maximize value of generative and other AI

* Will double AI talent to 80,000 people through hiring, acquisitions and training

Accenture (NYSE: ACN) today announced a $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience.

“There is unprecedented interest in all areas of AI, and the substantial investment we are making in our Data & AI practice will help our clients move from interest to action to value, and in a responsible way with clear business cases,” said Julie Sweet, chair and CEO, Accenture. “Companies that build a strong foundation of AI by adopting and scaling it now, where the technology is mature and delivers clear value, will be better positioned to reinvent, compete and achieve new levels of performance. Our clients have complex environments, and at a time when the technology is changing rapidly, our deep understanding of ecosystem solutions allows us to help them navigate quickly and cost effectively to make smart decisions.”

The investment builds on Accenture’s decade-plus leadership in AI. The company’s AI expertise spans more than 1,450 patents and pending patent applications worldwide and hundreds of client solutions at scale, ranging from marketing to retail and security to manufacturing. Accenture has embedded AI across its service delivery approach, driving efficiency, insights, and accelerating value for thousands of clients through its market leading platforms such as myWizard, SynOps, and MyNav. Six years ago, Accenture pioneered its responsible AI framework, which is now part of how Accenture delivers its work for clients, is included in the company’s code of ethics and underlies its rigorous responsible AI compliance program. Accenture is currently working with many clients on generative AI projects, such as helping a hotel group manage customer queries or a judicial system synthesize judicial process information across hundreds of thousands of complex documents.

Today’s announcement includes a range of investments that Accenture is making to help companies develop the new strategies, operating models, business cases and digital core architecture they will need to capitalize on AI innovation:

Accenture will invest in assets, industry solutions, ventures, acquisitions, talent and ecosystem partnerships, which will deepen and develop new skills and capabilities across diagnostic, predictive and generative AI.

The Data & AI practice will double its AI talent to 80,000 professionals through a mix of hiring, acquisitions and training.

The new AI Navigator for Enterprise is a generative AI-based platform that will help clients define business cases, make decisions, navigate AI journeys, choose architectures and understand algorithms and models to drive value responsibly. Building on Accenture’s own efforts, the platform will include assets designed to accelerate responsible AI practices and compliance programs.

Accenture will create accelerators for data and AI readiness across 19 distinct industries as well as pre-built industry and functional models that take advantage of new generative AI capabilities.

To advance uses of generative AI, its Center for Advanced AI is dedicated to maximizing the value of this technology across clients and within Accenture. This includes extensive R&D and investments to reimagine service delivery using generative and other emerging AI capabilities.

Accenture will invest in new and existing relationships across its industry-leading cloud, data and AI ecosystems to reinvent the type of work being delivered to clients. For example, developers using pre-built models to enhance prototyping or creators building dynamic virtual environments that can adapt with real-world changes.

“Over the next decade, AI will be a mega-trend, transforming industries, companies, and the way we live and work, as generative AI transforms 40% of all working hours,” said Paul Daugherty, group chief executive, Accenture Technology. “Our expanded Data & AI practice brings together the full power and breadth of Accenture in creating industry-specific solutions that will help our clients harness AI’s full potential to reshape their strategy, technology, and ways of working, driving innovation and value responsibly and faster than ever before.”

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

Emirates To Offer Premium Economy On Routes From India Starting In October


* Premium Economy to be introduced on Emirates’ service from Mumbai and Bangalore from 30 October

* Newly-retrofitted A380 aircraft also features refreshed interiors across all cabins and renowned signature experience

Emirates announced today that its highly sought-after Premium Economy offering will be available to customers flying from Mumbai and Bengaluru, starting 30 October. Emirates will operate its newly retrofitted flagship A380 aircraft from the two Indian points, featuring the new Premium Economy seats, as well as refreshed interiors that provide an elevated experience in all other cabin classes. 

Travellers flying on the Dubai-Mumbai route can book Emirates’ Premium Economy seats on EK500/501, while customers flying between Dubai and Bengaluru can book their flights on EK568/569 to enjoy the industry’s latest premium economy product with luxurious seats, more legroom, and an elevated dining experience. Seats can be booked immediately via emirates.com, Emirates sales offices and travel agencies, for travel from Mumbai or Bengaluru on 30 October. 

As the roll out of the retrofitted and enhanced Emirates A380s featuring a four-class configuration picks up pace, Premium Economy will be deployed on flights to more global destinations.

Premium Economy already features on flights to nine destinations globally, including US points New York JFK, San Francisco and Houston, in addition to London Heathrow, Sydney, Auckland, Christchurch, Melbourne and Singapore. Premium Economy cabins will also make their debut to Los Angeles in July, bringing the number of routes offering the distinctive product to 12 by the end of 2023. 

On the introduction of Premium Economy to India, Mohammed Sarhan, Emirates VP for India and Nepal said: “We are excited to roll out our much-awaited offering, Premium Economy, to our valued customers in India. The elevated travel experience is sought-after by passengers across our network, whether travelling for leisure or business, and we are delighted to extend it to the two points in India which are served by our iconic A380 aircraft – Bengaluru and Mumbai.

“The launch of our new premium cabin is part of our “fly better” promise and provides more choices to our customers when travelling to Dubai and beyond, allowing them to enjoy memorable travel experiences, with new levels of passenger comfort and luxuries on flights. In addition to the introduction of Premium Economy on the retrofitted aircraft, customers across all cabins can enjoy the refreshed interiors which sport Emirates’ signature ghaf tree motif.” 

The refurbishments and aesthetic enhancements that can be enjoyed by passengers on their journeys on the retrofitted A380 aircraft include a blend of beautiful designs and new colour palettes, evident throughout the aircraft, in the carpeting, wall panels, and wood finishing.

The Emirates A380 is loved by customers for its spacious and comfortable cabins, quietness, and unique on-board features such as the Onboard Lounge and First Class Shower Spa. Customers can also enjoy award-winning inflight entertainment on ice with more than 5,000 channels of on-demand entertainment via the industry’s largest screens across all cabins.

Emirates launched its services to India in October 1985, from Dubai to Delhi and Mumbai which formed the base of its initial route network. Since then, Emirates has grown its India operations to serve a total of nine destinations across the country including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolkata, Mumbai, and Thiruvananthapuram. For more information on Emirates’ current operations, network, travel support, guidance, customer and employee safety, visit www.emirates.com

Commemorating World Music Day, IPRS Collaborates With MCAI And Animation & Entertainment National Council WICCI


The Indian Performing Right Society Limited (IPRS) collaborates with the Music Composers Association of India (MCAI) and Animation and Entertainment National Council WICCI for their illuminative campaign, "The World Behind the Music." This multi-leg initiative aims to shine a spotlight on the extensive efforts and boundless creativity that go into the making of music. 

Music creators pour their time, energy, and passion into their craft, constantly pushing the boundaries of their creativity. Writing and composing music require not only inspiration and innovation but also dedicated hard work. The process of making a song involves hours of meticulous production, combining technical precision with emotional expression. It is a career that demands immense emotional investment as musicians pour their hearts and souls into their music, expressing their feelings and experiences through their work. 

However, the seamless experience of well-crafted and flawlessly performed music often obscures the skill, practice, and effort behind it. The efforts Behind the Music often go unnoticed, leading to decreased respect for copyright, challenges in enforcing copyright, unfair use and licensing practices, financial losses for creators, and limited support for copyright protection. 

As the world gears up to celebrate World Music Day on June 21, IPRS aims to bring attention to the world behind the music through its campaign and multiple initiatives. This endeavor seeks to offer the audience a glimpse into the arduous process of creating a song, from the birth of melodies in studios to the long hours spent penning lyrics in music rooms. 

The "World Behind the Music" initiative aims to raise awareness and encourage all music users to acknowledge the efforts that go into creating music, promoting fair pay and fair play for music. By shedding light on the intricate and laborious journey of every musical composition, this campaign aims to change the narrative surrounding music creation. 

Commenting on the initiative legendary lyricist and IPRS Board member, Sameer Anjaan said, "Behind every song lies a world of imagination, where words become the voice of emotions and stories. Writing lyrics is a journey of discovery, where inspiration can strike at any moment. It is the late nights spent searching for the perfect rhyme, the endless revisions to find the right cadence, and the relentless pursuit of words that will truly connect with the audience. So, when you listen to a song, remember that the lyrics hold a universe of emotions and stories. There's a lyricist who has poured their heart and soul into crafting words that can inspire, heal, and ignite a flame within you.” 

"We want to put the spotlight on the creators and everything that goes behind making the creation truly magical!" said Rakesh Nigam, CEO of IPRS. "Every song has a story, countless hours of hard work, and heaps of creativity behind it. It's time we acclaim those behind the music and appreciate the incredible effort put into crafting unforgettable melodies and lyrics." 

Sharing her thoughts, Soniya Lamba, President, WICCI National Animation and Entertainment Council added, “We are excited to join hands with IPRS and MCAI for the remarkable campaign, 'The World Behind the Music.' This collaboration allows us to shed light on the extraordinary efforts and boundless creativity of music creators. Through this initiative, we aim to foster a deeper understanding and appreciation for the artistry involved in music creation, while advocating for fair compensation and recognition for all creators. Together, we celebrate the stories, emotions, and dedication that shape the world behind every captivating melody." 

IPRS's initiative includes a range of activities designed to engage and enlighten music enthusiasts. Through extensive digital promotion, behind-the-scenes stories, testimonials, and anecdotes, insights will be shared to give audiences a deeper understanding of the creative process. Additionally, IPRS will conduct an exclusive digital series titled "In Creator's Den with Mayur Puri," featuring candid conversations with eminent creators, broadcasting live from their studios and music rooms. These conversations will delve into their favourite songs, introducing the audience to the craft, the toil, and the immense effort involved in music creation. The episodes will be available for live viewing on the IPRS YouTube channel. 

In collaboration with the Animation and Entertainment National Council WICCI and the Music Composers Association of India (MCAI), IPRS will present an exclusive on-ground event titled "The Story of a Song" on World Music Day, June 21. An enthralling experience where music and stories will merge will feature acclaimed creators unveiling the world behind the music through engaging conversations, providing insights into the making of their iconic songs, and highlighting the untold stories behind their creations. 

Moreover, IPRS will host a seminar titled "Metadata Matters" in association with industry stakeholders, emphasizing the importance of accurate data related to music in the digital world. This session aims to enlighten all stakeholders in the music value chain about the impact of metadata and the role they play in its creation and management. 

Through these initiatives, IPRS and its collaborators strive to bring about a mindset shift in the perception and consumption of music. By celebrating the emotional and artistic commitment of musicians and shedding light on the immense efforts involved in music creation, they aim to foster a renewed appreciation and value for music and those behind its making amongst audiences worldwide. 

Magicbricks Scales Up Its AI-Powered “Bank Recommendation Engine” To Identify Best Home Loan Partners


* Identifies best home loan partner from a comprehensive pool of 40 financial institutions 

* Demonstrates remarkable accuracy of 90% 

Magicbricks, the leading online real estate platform in India, is thrilled to unveil its revolutionary AI-powered Bank Recommendation Engine (RBE), a cutting-edge tool designed to assist customers in realizing their dream of owning a home by identifying the best home loan partners. 

Leveraging the potential of advanced AI technology, the Bank Recommendation Engine scans and evaluates home loan products and offerings from over 40 renowned financial institutions. This comprehensive analysis enables the tool to recommend the ideal home loan partner for prospective home-buyers. Over the past year, the tool has successfully assisted thousands of customers, showcasing an impressive accuracy rate of 90%. 

The Right Bank Recommendation Engine utilizes the power of AI to match each customer's unique profile with the offerings of Magicbricks' extensive network of home loan partners. By intelligently analyzing various parameters such as customer preferences, financial history, and loan requirements, the tool precisely identifies the most suitable home loan partnership for every individual. 

Talking about the Tool, Nimesh Bhandari, Category Head- Home Loans, Magicbricks shared “According to Magicbricks PropIndex Report (January -March 2023), the residential demand across 13 cities has experienced a growth of 14.3% YoY and is expected to continue increasing. With over 80% of homes being financed through home-loans, customers face the daunting task of sifting through numerous loan products available. Recognizing these challenges, Magicbricks has developed its proprietary Bank Recommendation Engine, which streamlines the selection process and provides personalized recommendations with exceptional accuracy to customers.” 

Nimesh further added “Our Bank Recommendation Engine boasts of an impressive accuracy score of 90%, ensuring that Magicbricks' recommendations and processes are not only accurate but also efficient and scalable. Currently, our Home Loan advisors extensively utilize this tool to assist customers on their home-buying journey. As the tool continues to evolve and advance, we aim to empower customers by making it a user-friendly DIY tool.” 

With this groundbreaking innovation, Magicbricks reaffirms its position as the industry leader and the sole portal to achieve this remarkable milestone, delivering an unparalleled customer experience.

About Magicbricks: India's no 1 property site   

As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. Magicbricks has metamorphosed into a full stack service provider for all real estate needs, with 15+ services including home loans, pay rent, movers and packers, legal assistance, property valuation, and expert advice. 

With 15+ years of experience and deep research-based knowledge, Magicbricks also presents a repertoire of insight-driven platforms like MBTV- India’s leading online real estate YouTube channel, and other proprietary tools so that home buyers can access all information related to price trends and forecasts, locality reviews and more. 

Sunstone’s Advantages Are Now Available At T John Institute of Management And Science, Bengaluru


Sunstone, one of the leading higher education startups in India, present across 35 cities and in over 50 institutions, is now extending its benefits to the T John Institute of Management and Science, Bengaluru. The institute offers various graduate and postgraduate courses. The benefits of Sunstone will be available to students enrolled in MBA and BBA programs.

Through this collaboration, Sunstone and T John Institute of Management and Science will provide students with access to a vast network of over 1200 recruiters. This valuable connection will enable students to learn directly from top executives of Fortune 500 companies and startups who possess extensive experience in recruitment.

Commenting on the announcement Mr Piyush Nangru, Co-Founder and COO Founder, Sunstone said, “We are delighted to embark on a transformative journey with the students of T John Group of Institutions. Our mission is to provide them with an extraordinary learning experience that goes beyond the ordinary. With a focus on immersive and hands-on learning, we empower students with up-to-date knowledge, advanced technology-driven training, and the skills demanded by the dynamic world of Industry 4.0. By bridging the gap between industry and academia, particularly in Tier-2 and Tier-3 cities, we unlock the untapped potential of young talent and nurture them into industry-ready professionals. Our hybrid learning approach, guided by industry experts and a constantly evolving curriculum, ensures that our program equips students with the agility, adaptability, and expertise needed to thrive in the ever-changing industry landscape.”

The partnership will offer students the opportunity to gain practical experience through internships and real-life projects, ensuring that they enter the job market fully prepared. They will also have the ability to build a professional portfolio, showcasing their verified skills and experience, which will make them highly sought-after by the industry. 

On the announcement, Dr. Thomas P. John, Chairman, T. John Institute of Management & Science said, “Our game-changing partnership with Sunstone is driven by our unwavering commitment to skill-based education and cultivating the next generation of dynamic managers. This collaborative endeavour will revolutionize the learning experience for our students, immersing them in a truly global-level educational journey. Through this transformative alliance, students will gain exclusive access to cutting-edge courses meticulously crafted to align with the ever-evolving demands of the job market. With the unparalleled support of Sunstone, our students will unlock extraordinary placement opportunities, setting them on a trajectory towards resounding success in their careers. Our programs, in synergy with Sunstone's unparalleled expertise, empower students with an industry-centric education that fuels their professional growth, ensuring they thrive in an ever-changing business landscape with unwavering placement support and exponential career advancement.”

Sunstone adopts a unique approach to education, emphasizing a holistic learning experience that transcends mere professional preparation. By prioritizing personal growth and unleashing each individual's inherent potential, Sunstone cultivates well-rounded individuals who are ready to confront tomorrow's challenges with self-assurance and purpose. The objective is to foster a transformative educational journey that empowers students to excel in every facet of their lives, laying the foundation for a prosperous and meaningful future.

About Sunstone

Sunstone is a leading higher education startup that works with academic institutions in up-skilling students for employability. Sunstone offers career-oriented training interventions for undergraduate and postgraduate students at 50+ institutions across 35 cities.

Sunstone’s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with an unparalleled focus on soft skills and personality development. Sunstone’s focus is to provide students with a holistic educational experience.

To know more about Sunstone, visit https://sunstone.in/.

‘Keep Me In The Loop’, ‘Take Offline’ And ‘Win-Win Situation’ - These Are The Workplace Jargon Phrases Indians Find Most Confusing


81% of Indian professionals believe that workers with a better understanding of workplace jargon are able to get ahead at work, yet 37% feel left out of conversations

Gen Z (60%) and millennials (63%) are the most confused by jargon, having misunderstood or misused it at their workplace

71% professionals in India want to eliminate or reduce the use of workplace jargons

LinkedIn and Duolingo are joining forces to help workers navigate workplace lingo to create a more inclusive workplace

Whether you’re starting out or looking to advance in your career, understanding workplace language can be confusing and overwhelming. To help alleviate this, LinkedIn, the world's largest professional network and Duolingo, the world’s leading language learning platform, have partnered to uncover new research* that spotlights how professionals feel about workplace jargon and offer tips to help create a more inclusive workplace.

The research found that there is specific jargon that Indians find most confusing in the workplace, with ‘keep me in the loop’ taking the title of most confusing, a term that means “keeping someone informed or updated on a topic”. The other confusing terms include ‘take offline’ (to discuss something away from a virtual to an in-person setting), ‘win-win situation’ (results that are favourable for all the parties involved) and ‘core competency’(capabilities that are one’s defining strength).

Language can cause inequity in the workplace and lead to an opportunity divide. 8 in 10 Indian professionals (81%) believe that workers with a better understanding of workplace jargon are able to get ahead at work (promotions, raises, etc.) more so than those who struggle to understand workplace terms. It’s even more concerning that a disproportionate amount of remote (88%) and hybrid (81%) workers struggle with confusion around workplace jargon, as compared to those who work onsite (74%).

Workplaces are using too much jargon

Whilst some amount of workplace lingo is expected, the research found that 78% of Indian professionals feel that jargon is overused in the workplace, with 34% saying they use it all the time and it's part of their vocabulary. In fact, nearly 1 in 3 (30%) Indian professionals often feel overwhelmed by jargon, saying they feel like their colleagues are speaking in a language they don’t understand.

Workplace jargon can also lead to a breakdown in communication and cause confusion with more than half (58%) of Indian professionals saying they have faced a misunderstanding or made a mistake at work because they didn’t know the meaning of workplace jargon or misused it. Gen Z (60%) and millennials (63%) are experiencing this the most. It is no surprise that more Indians (71%) want to eliminate or reduce the use of workplace jargon at work.

Despite that, millennials are found using workplace jargon the most (39%) along with Gen Z (36%), who confess using it all the time. In fact, 38% of millennials and 35% of Gen Z claim they’re so used to jargon that they barely know they’re using it. That raises the question – what makes jargon such an integral part of workplaces in India? Close to half (43%) of Indians think that people use jargon because it makes them feel professional. A similar share (42%) also say that speaking with jargon makes people feel smarter. Some professionals also see positives in using jargon, with 33% feeling that it simplifies communication or it makes them feel like they’re in the know.

Several professionals think the use of jargon makes people feel like they’re a part of a team (43%) and helps build workplace culture (37%). However, on the flip side, more than half (80%) of professionals also feel that they were forced to figure out the jargon at their workplace on their own.

Nirajita Banerjee, LinkedIn Career Expert and India Managing Editor says, “Linguistic habits and preferences vary greatly in India and across the world. So, when you're working with teams that have different functions, are spread across borders, or come from diverse cultures, it's crucial to use simpler and more inclusive language so there’s less or no room for misinterpretation. By avoiding too much jargon and using clear language, we create an environment where everyone feels more included, which leads to greater productivity, stronger teams, and a positive work culture.”

Karan Kapany, Country Marketing Manager, Duolingo says, “As a language learning app, we recognize the importance of effective communication for personal and professional growth. Our objective in conducting this survey is to explore the impact of corporate lingo, emphasising how miscommunication and unfamiliar jargon can hinder productivity and create a sense of isolation, especially for newcomers. Through this survey, we aim to inform individuals about the various corporate jargon, its implications and highlight the significance of workplace communication in fostering a more conducive work environment.”

Workplace jargon negatively impacts efficiency, especially among new team members

Professionals commencing a new role are the ones most impacted by workplace jargons. 37% professionals say figuring out the meaning of jargon in their workplace made them feel left out of conversations. This process becomes stressful for many professionals (31%) and also slows down their productivity (34%). A majority of Gen Z (85%) and Millennials (82%) feel they’ve been left to their own devices with regard to workplace jargon at their most recent jobs.

To help professionals navigate workplace jargon, LinkedIn is offering free LinkedIn Learning courses such as Communication and cultural differences, Foundations of communication, Why authentic communication matters, Nano tips for communicating with confidence, Nano Tips to Enhance Your Communication and Nano Tips for Developing Magnetic Charisma that are available for free from 13 June to 13 July 2023, to help professionals get a better understanding of effective communication in the workplace.

LinkedIn and Duolingo’s tips to navigating workplace jargon:

Ask questions: The majority of professionals find workplace jargon confusing so don’t be afraid to ask clarifying questions. Work shouldn’t have to involve solving riddles. You should feel more than comfortable asking questions that enable you to get your work done the right way.

Be considerate: If you’ve been in the workforce for a while, using workplace jargon might be second nature to you. Think back to your first day at a new job – sometimes you just don’t know what you don’t know. Be mindful of this learning curve to help professionals of all backgrounds and levels feel included and understood.

Keep it simple: While every workplace has its unique culture and terminology, do your best to keep language simple. For example, instead of “let’s get our ducks in a row before this meeting” try replacing it with simpler language like “let’s prepare and get organised before this meeting.” Simplifying language at work helps create and equitable culture and fosters inclusivity.

Top most confusing workplace jargon in India:

Keep me in the loop

Take offline

Win-win situation

Core competency

Value-add

About LinkedIn:

LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has over 900 million members and has offices around the globe. www.linkedin.com / mobile.linkedin.com

About Duolingo

Duolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store. With technology at the core of everything it does, Duolingo has consistently invested to provide learners a fun, engaging, and effective learning experience while remaining committed to its mission to develop the best education in the world and make it universally available. www.duolingo.com

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