The DBS check and how it turned into the most popular way of gathering information on employees
The Disclosure and Barring Service (DBS) is a non-departmental public body of the Home Office of the United Kingdom. It enables organisations in the public, private and voluntary sectors to make safer recruitment decisions
The Disclosure and Barring Service (DBS) is a non-departmental public body of the Home Office of the United Kingdom. It enables organisations in the public, private and voluntary sectors to make safer recruitment decisions by identifying candidates who may be unsuitable for specific work, especially involving children or vulnerable adults. Furthermore, it provides wider access to criminal record information through its disclosure service for England and Wales.
The best part about this information is that it is available online and allows employers to go through it for prospective candidates and the people they have already hired within their company. They can review their DBS certificatewhenever they want from their computer and people, on the other hand, can update this information and make changes accordingly, which would be updated post verification.
Although the DBS system was started around 2001 and rarely used since background checks were not a mandatory requirement but were only handled whenever it seemed like a requirement, they have become common now, with a large number of people losing their jobs because of the pandemic. With the large number of people losing their jobs and a lot of hires taking place without meeting in person but through video conferencing software, employers needed a little more information to make sure they could trust the people they were getting on their team. The most popular approach to gathering past information about a person was through a DBS check.
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The pandemic caused a lot of people across the UK to lose their jobs. People who were working in positions that could be easily be replaced by software and automation found themselves facing the brunt of the pandemic. Furthermore, the younger section of society was losing their jobs since they did not have the experience to pivot into something else or to provide any other expertise within the company. Similarly, the oldest section of society could not adapt to the
changes that were taking place and were not sure what to expect from virtual meetings and Zoom calls, so they were pushed out as well.
The UK Government was trying their best to save the situation, and they were doing this through schemes where they were protecting employees by paying their salaries so that companies did not have to bear the load. The furlough scheme was paying 80% of the salaries of the people with their respective companies paying the difference of 20%. While the schemes were quite beneficial in the initial stages of the pandemic, with companies managing to make their payments, as time progressed, and the economy and the markets were not getting any better, many people mentioned that companies were not paying the difference. Companies were still letting go of their staff since they could not make payments.
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Opening up the economy in the initial stages was not the smartest idea, even though to assist with the economy was not the best idea since a lot of people were affected by the pandemic again.
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Gold prices surged on the Multi Commodity Exchange (MCX) amid escalating tensions between Iran and Israel, driving up demand for the safe-haven asset. Gold futures for June 5, 2024, reached Rs 72,813 per 10 grams on the MCX, up 0.74% from the previous day. In the international market, prices rose by 0.16% to $2,386.8 an ounce in New York.
Retail gold prices in India surpassed Rs 73,000 for 10 grams of 24-carat gold, with Delhi prices at Rs 73,310 and Mumbai at around Rs 73,160. The recent conflict between Iran and Israel has prompted investors to move towards safe-haven assets. Colin Shah, MD of Kama Jewelry, stated, “The price trend of gold breaching new highs due to the conflict has led investors to withdraw from riskier avenues and reinvest in gold.”
Navneet Damani of Motilal Oswal Financial noted that gold and the dollar index are currently moving in tandem, emphasizing the market’s focus on geopolitical tensions over interest rate changes. Jewellery exports from India may also slow down due to higher crude prices and tensions, affecting sentiment in international markets. This shift towards gold is driven by concerns surrounding the escalating conflict between Iran and Israel.
Mumbai, April 16 (IANS) – The BSE Sensex is facing a significant dip of over 300 points on Tuesday amid ongoing geopolitical tensions, with the index currently at 73,040 points and down by 358 points. The market is apprehensive about the possibility of Sensex falling below the crucial 73K mark if the trend continues.
IT and financial sectors are witnessing a downtrend, with major players like Infosys, Bajaj Finserv, Indusind Bank, Ultratech Cement, and L&T experiencing a decline of more than 1 per cent. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted that economic and geopolitical concerns are likely to exert pressure on the markets in the short run.
According to Vijayakumar, the rise in US bond yields poses a threat as it diminishes the likelihood of rate cuts by the Federal Reserve this year. The surge in bond yields has a negative impact on high-risk assets such as equities, potentially leading to an increase in Foreign Institutional Investor (FII) selling in emerging markets like India.
Elaborating on the geopolitical aspect, Vijayakumar pointed out, “The market is more concerned about the geopolitical issue. Israel military chief’s statement that ‘there will be a response to Iran’s attack on Israel’ has increased the probability of escalation of tensions in the Middle East. This is likely to keep the markets weak in the near-term.”
In light of the current market scenario, investors are advised to closely monitor developments while considering accumulating high-quality large-cap stocks on corrections. Vijayakumar suggested that corrections in the market will make valuations of large-caps more reasonable, particularly in sectors like banking, IT, autos, capital goods, oil & gas, and cement. Additionally, with metal prices showing stability, metal stocks are expected to exhibit resilience in the market.
New Delhi, April 16 (IANS) realme has launched the realme P series 5G, starting with the realme P1 Pro 5G under Rs 20,000. The device features a stunning display, powerful performance, and impressive camera capabilities. Let’s delve into the detailed review to see if it’s worth the investment.
The realme P1 Pro 5G sports a vibrant 6.7-inch FHD+ Curved AMOLED display with a refresh rate of up to 120Hz, enhancing the viewing experience. It also offers TÜV Rheinland Strobe-free Certification for visual comfort in dimly-lit environments.
Powered by the Snapdragon 6 Gen 1 5G Chipset, the device boasts an 8-core 64-bit architecture for potent performance and lower power consumption. The phone comes with 8GB RAM+128GB ROM or 8GB RAM+256GB ROM and runs on realme UI 5.0 based on Android 14.
With a versatile camera setup including a 50 MP Sony LYT primary camera and an 8MP ultra-wide camera, the realme P1 Pro 5G captures stunning details. The device also features a 16 MP selfie camera for crisp and clear selfies, making it a great choice for photography enthusiasts.
The sleek and ergonomic design of the realme P1 Pro 5G is inspired by Bird Culture Phoenix Design, offering a sophisticated look. The phone is lightweight at 184 grams, with a 93% screen-to-body ratio and IP65 water and dust resistance.
Equipped with a 5000 mAh battery and 45W SUPERVOOC charger, the device ensures robust battery life and quick charging. Fully charge the phone in just 67 minutes or reach 50% charge in 30 minutes, minimizing downtime.
In conclusion, the realme P1 Pro 5G redefines the mid-tier smartphone experience with its impressive display, powerful performance, and excellent camera capabilities. Whether you’re a power user or a casual user, this device offers a compelling option in the competitive market, elevating the mid-range smartphone experience.
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