A 25-year-old product manager from Gurgaon has gone viral after sharing a detailed breakdown of his Rs 90,000 monthly expenses, offering a candid look at the cost of living for young professionals in a tier-1 city. Shivank Goel posted the breakdown on Instagram, highlighting how everyday expenses, rather than an extravagant lifestyle, add up quickly. Despite not spending on parties or luxury hobbies, his monthly outflow reflects the financial reality of urban adulting. His fixed costs include Rs 18,000 for rent for a 2BHK apartment, along with Rs 2,000 for house help and Rs 1,000 for electricity. Digital essentials such as Wi-Fi, subscriptions, and phone bills come to around Rs 3,000 per month. Notably, his commute and weekday meals cost him nothing, as they are covered by his workplace. Beyond essentials, he spends about Rs 5,000 on groceries and supplements like protein powder. He also sets aside Rs 20,000 every month for SIP investments, indicating a strong focus on savings and fi...
In a unique initiative, a $3.5 billion cloud-based security company in the US is paying its employees to socialise with each other. The program that started last April at Verkada, a California-based firm, lets three or more employees go out for food and drinks after 3 pm at the company's expense, Fortune reported. Dubbed the '3-3-3', the perk lets employees expense up to $30 in food and drinks if they go out, in groups of at least three.
Verkada's CEO Filip Kaliszan recently went viral in a TikTok discussing the 3-3-3 perk on a podcast. ''The idea is it's the afternoon and three people go out and hang out together, chances are you'll talk about something relevant or work-related, and ultimately that will benefit us,'' Mr Kaliszan said in the interview.
All 1,800 of Verkada's employees have participated in the program at least once. The CEO told Business Insider that such kind of interaction is crucial for Verkada to stay competitive in an industry with tech companies that are worth $100 billion
The program requires no pre-approval, but employees are required to post a photo in the "3-3-3" Slack channel when they're done with their outing.
Before the program was officially launched in April last year, employees could still go for drinks at the expense of the company, but they didn't know that. So, the firm decided to promote it in a better way by advertising the program on posters around the office and in elevators.
"It wasn't about the money it wasn't about the budget. It was about everyone knowing that this is something they can do and then everyone getting excited about it,'' Mr Kaliszan added.
The concept quickly went viral on social media and many praised the company for encouraging team bonding and friendships outside of work.
One user wrote, ''That is a lot better use of money then like a team building exercise or hiring a speaker.'' Another commented, ''Building work relationships and networking is a necessary skill so I'm glad they are prioritizing and paying for it.''
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