Anyone who's been through this? I started with TCS in 2015. I was placed in campus as it was the first company in our college that year and we were not allowed to sit in second if Tcs is a very stable company with no fear of being fired 2. Unless talent & skills one posses are niche. Not sure that all the students of same college will get the same batch in training. No issues at all. I'm currently working as a Service Desk Lead in TCS with a total of 4.3 YOE and 3 YOE in TCS. click here! So, based on your basic salary your PF It has hired 32,000 employees in the U.S. in the past five years, according to its latest annual report. Considering my skills, qualifications, and job responsibilities, I am expecting a joining bonus so please let me know whether you are offering a joining bonus so that I can make a decision on this job offer. Corporate actions: Bonus history for Tata Consultancy Services Ltd. Tata Consultancy Services Ltd. has given 3 bonuses since July 28, 2006. Good information. but give assurance about 50% to 60% of the students of same college will get the same batch in training. For a second opinion on recent diagnoses and expert consultations regarding treatment plans for ongoing conditions,2nd.MDgives employees and their eligible dependents and parents and parents-in-law, no-cost access to top physicians from top-rated medical institutions across the US. Let's use the comment section as a discussion forum: "What's the future for SAP Basis Consultants?" Use Token Code generated on Software/Hardware token Token Code. WebIf you were recruited, it's a sign that an employer is really interested in you so there may be a signing bonus. Asking the better questions that unlock new answers to the working world's most complex issues. Lenders led by the State Bank of India (SBI) that are conducting an annual review of Adani Enterprises Ltd (AEL) have decided to maintain status quo on credit limits sanctioned for Gautam Adanis flagship company, said two people aware of the development. WebThe last bonus that Tata Consultancy Services had announced was in 2018 in the ratio of 1:1. Use our tool to get a personalized report on your market worth. DM please. These are my observations 1. US salaried employees also receive up to 10 days (up to 80 hours) of paid time off each calendar year for personal care for when they are unable to work due to need to care for family members. Tell us what youre looking for and well get you connected to the right people. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Ex-Date. remember settings), Performance cookies to measure the website's performance and improve your experience, Marketing/Targeting cookies which are set by third parties with whom we execute marketing campaigns and allow us to provide you with content relevant to you. WebYou may get 10-20% of your annual basic salary as a joining bonus. 2-Year How to get into Syntel? I would like to thank you for considering my joining bonus request, but the amount does not fulfill my financial requirements. Stipend Details: INR 12,400.00 per Month. These taxes are deducted at the source and the amount collected is deposited with the government within a specific time frame. Paytm Extortion Case: New Twists Emerge, Questions On Nature Of Stolen Data Remain Unanswered. Tata Consultancy Services Bonuses. Including Fertility coverage and Adoption credit. To read full story, subscribe to ET Prime, Billed annually at WebTCS America pays an average of $6,478 in annual employee bonuses. If an organization wants to hire you, it may adopt a Sleepio will provide your Sleep Score, sleep tips and weekly guidance to improve your sleep and overcome sleep issues, such as insomnia. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Current Teacher in Stamford, CT, Connecticut, Current Devops Engineer in San Antonio, TX, Texas, Former Programmer Analyst in San Jose, CA, California, Current Sr. Salary package of Associate Software Engineers in DEP India Private Limited Chennai? We nurture our talent, and equip them to contribute to the creation of a better future. Give your best, they would repeat. Now TCS does not even give a single sweet. Life is very well balanced in TCS. My story: August 2019 ILP: 15 days (Gurgaon) 9 am 5 pm used to sit in any vacant ODC/ Hall. Gave IRA & PRA. No Consistency in pay but needs more investment Better You is our commitment to helping you achieve the vitality needed to perform at your best, both inside and outside the workplace. However, in order to join your company I have to break the notice period in my current job. At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people from all walks of life. 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Join the conversation on. Later in the same decade, they switched to 1 month of basic as a bonus. 2499 1749, Monthly There is one thing, however, if you join as a part of TCS Xplore. Through theEY Wellbeing Fund, we reimburse most US professionals for 75% of the cost of gym memberships, exercise equipment, ergonomic home office furniture and more, up to $1,000 a year. Manager IT in Santa Ana, CA, California, Current Junior Java Developer in Houston, TX, Texas, Current Technical Lead in Detroit, MI, Michigan, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, Accidental Death & Dismemberment Insurance. Glassdoor is your resource for information about TCS benefits and perks. How the leave requests are handled during the festival days. What monetary gain do companies get from that? About 16% of employees voted TCS for providing a favourable and healthy work environment. Physical support to help you stay at your peak, Emotional support for life's events and to build resiliency, Financial support to help you plan for the future, Social impact programs to help you connect to communities and each other, Cybersecurity, strategy, risk, compliance and resilience, Value creation, preservation and recovery, Explore Transactions and corporate finance, Climate change and sustainability services, Strategy, transaction and transformation consulting, Real estate, hospitality and construction, How blockchain helped a gaming platform become a game changer, How to use IoT and data to transform the economics of a sport, M&A strategy helped a leading Nordic SaaS business grow. The last Bonus that Tata Consultancy Services Ltd. anoununced was in the ratio 1:1 with ex-date of May 31, 2018. 4)Good cafeteria. Experience Your Economic Times Newspaper, The Digital Way! EY providesskills-based volunteering opportunitiesso you can use your professional skills and business knowledge to make the most impact in our communitiesand your career development. What kind of job is offered in TCS to B.Tech fresher? As per trend in India, joining bonus is estimated to be in the range of 10 to 20 per cent of the employee's Cost to Company (CTC). Review ourcookie policyfor more information. WebYear 2: 25%. Pathways to Transition offers employees coverage of $50,000 for gender transition-related expenses not covered by a medical plan. So please look into this matter and kindly release my joining bonus. The Diwali windfall has come six months in advance for 2.5 lakh employees of software services giant Tata Consultancy Services (TCS). They will support people that need Visas during the hiring process which is great. http://new-democrats.com/how-tcs-and-other-it-companies-treat-employees-for-diwali/. See more Citi reviews by location. Therefore, if you can also give me a 10% joining bonus on my basic salary, I can accept this job offer. I would like to thank you for offering me the position of [position title]. WebEverything that you need to know about your offer letter including ctc, base salary, joining bonus, performance bonus, stocks, esops, insurance, gratuity, pf, perks, benefits, I am thinking to take up this opportunity due to financial instability of my current company due to which salaries are delayed etc. Indias largest software services company said on Thursday all its employees who have been with it for a year or more will get one weeks pay for every year of service to mark its 10 years as a publicly listed company. WebUnfortunately, TCS does not offer any joining bonus to any employee at any level, be it fresher or lateral. This will alert our moderators to take action. Now, gratuity has been replaced by the PF amount that is Provident Fund. Verizon Layoffs - Join NDLF to protect you Rights, Wipro Layoffs - Expected progression, told to resign as part of band inertia. Referrals for family, legal, mental health, addiction and stress management issues. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. Tampa, FL 784 reviews. WebTCS Communications, LLC Indianapolis, IN. Flexible workingempowers teams to mutually determine new ways of working that meet client needs, while providing time for what matters to you so you can fully engage in work and life outside of work. How IT companies violate IDA while retrenching employees? Due to this associates starting traveling on Diwali evening in higher price of ticket which doesnt make employees to enjoy it fully. Sorry, your blog cannot share posts by email. Gympass empowers employees to lead healthier lifestyles by providing access to over 10,000 fitness facilities in the US with a single monthly membership. It makes me feel that when even the client and their employees care for our people, our own employers stopped caring for us long back. HR promises to "match the pay". Market Research. At what period to apply in these companies? Together, we combine innovation and collective knowledge to create the extraordinary. In my offer letter it is written as "Please not that the joining bonus paid to you is subjected to your completion of one year continuous service with the company. Are they atleast being paid decently enough ? Should Indian economy prepare for a below-the-belt jolt? To preserve internal salary equity: Sometimes, especially at large companies, you'll ask for a higher salary only to be told it's outside the company's salary range for your level. The diamond industry is not even fully dependent on employees, the raw material is diamonds and not the employees. Additionally, Gympass W, their new digital platform, provides employees access to streaming and on-demand workouts. The point is firstly we are not paying our employees fairly, then we are not even treating them fairly. IT Companies, Stop Layoffs : Your Thirst for Profit Costs Lives! I am selected in both. Market Research. .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, +512.17 (+0.87%) WebJoining bonus is a rare case scenario in tcs. TCS states that the salaries in 1990s were low and so are compensated with Diwali bonus, but it fails to acknowledge that the $/Rs back then was on only 35 and now it is ~75. click here! TCS Sharebuyback Whats There for Employees? I shall be thankful to you in this regard. Participants hired before January 1, 2017, are 100% vested in the EY matching contributions, and all employees are fully vested at all times in their contributions. Your Reason has been Reported to the admin. I worked in TCS from 2017 to 2021 (4 years). These are my observations 1. Tcs is a very stable company with no fear of being fired 2. 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Webturkey club sandwich nutrition Uncovering hot babes since 1919.. does tcs give joining bonus to lateral entry. Year 4: 25%. Barclays is offer a role of Service Desk Quality knowledge Analyst which is an individual contribution role at a package of 12LPA. Spotify. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 WebFor any help please contact Ultimatix.helpdesk@tcs.com OK. Other Login Methods. Previous year question papers for Syntel placement? Now, gratuity has been replaced by the PF amount that is Provident Fund. Processing Agent (Current Employee) - Florida - January 14, 2023. Dont show desperation at any stage of salary negotiation or during interview. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. As rightly mentioned, delayed gratification is what any prospective employee should look for instead of instant ones like the joining bonus! A TokenCode can be generated using Hard/Soft Token. The Joining Bonus will be recoverable if you leave the company before 1 year". Is it possible to get Masters Degree in Reputed College in Expense of Company? Get your daily dose of business updates on WhatsApp. About 23% employees (from the 4,600+ responders) think that TCS is a brand that can help them boost their career. How to prepare for Syntel verbal section? Projects are very good, If you crack the interview for developer project then its very good you will learn a lot. Take this quiz and prepare yourself for the interview, Modis bloody politics on Cauvery issue Poster, Gautam Adani and Modis Gujarat Corruption, Money Laundering, Pollution Video. Unlock your 30 days free access to ETPrime now. Family-friendly benefits, such asPathways to Parenthood,gives aspiring moms and dads help covering the cost of assisted reproductive technology procedures (e.g., in vitro fertilization), adoption and surrogacy up to $50,000. We have sent you a copy of the report to your email again. Promotion and salary increment letters in Word format. Company must have found an asset in you and that's why increased. 55,888 bonuses (for 2,546 job titles) Updated 1/17/2023. 26 Feb Feb Modis Gratuity Rule Amendment : What is there for IT Employees? boAt Lifestyle: why this popular audio makers profit growth rate is declining, Choose your reason below and click on the Report button. Exact pattern of Syntel Test. Should you leave the company for any reason before completing one year with the company this amount would be recovered from you". TCS states that the salaries in 1990s were low and so are compensated with Diwali bonus, but it fails to acknowledge that the $/Rs back then was on only 35 and now it is ~75. This button displays the currently selected search type. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Need info about Syntel? The European Central Bank will do whatever it takes to get inflation back to its target of 2% and keep it there, ECB president Christine Lagarde said in an interview. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Based on 1 salaries posted anonymously by TCS Sap Sd Consultant employees in Wear Head. Includes DocuBay and TimesPrime Membership. Cons: 1) less salary , salary is depend upon your ratings at every month which is very bad. You should ask for the joining bonus before accepting the job offer so that you have a chance to negotiate. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. $75,868 per year. Surprisingly when you are placed onsite working for a client in US or UK, the client throws a party on Diwali and many client employees turn-up in Indian dresses to wish you. In July 2022, it was reported that TCS had over 600,000 employees worldwide. or medium without express writtern permission of moneycontrol.com is prohibited. More than industry standard, it's a stride in bargain by recruiters. Pros Would this be a good decision? Bonus Reviews How much does TCS America pay in bonuses? 3.3 Fairygodboss Score. What are the reasons for joining the bonus? Recommended:Promotion and salary increment letters in Word format.Cognizant notice period details. Up to 25 free visits per year/per issue with a licensed mental health clinician (services are available face-to-face, by phone or web video sessions), Support during life's transitions (e.g., marriage, divorce, starting a family and caring for ill loved ones). Great benefits! In 1990s TCS used to pay 1 month of salary as a bonus during Diwali. Well provide the global scale, personal support, inclusive culture and technology you need to become the best version of you. Depending on the location/region and process you work in, your work life balance may or may not exist; however, youre paid a very lucrative compensation and yearly bonus (performance based), so youre self motivated to make the best of what you get. This signing bonus can be as much as 5%-10% of an employees first-year base pay. . 2499 1749, Monthly But before I accept this offer, I would like to ask you about the joining bonus. 600 cars being gifted by Gujarat diamond merchant, TCS Makes India Poorer in Favour of Foreign Companies, 7 Lakh to 85 Lakh Salary, Inside Story of Sonia Dhawan, The Woman Who Blackmailed Paytm Founder, Paytm Extortion Case: New Twists Emerge, Questions On Nature Of Stolen Data Remain Unanswered. I have currently been offered a job with less pay (20 percent less of what I am getting). Days Trial. It's your single source for 24-hour access to counseling and consultations. Re: How much gratuity is offered to the employees of TCS? Youll make a bigger impact than you ever thought possible. +Includes DocuBay and TimesPrime Membership. Salary and compensation offered to PSU BANK Scale 1 employees? Reproduction of news articles, photos, videos or any other content in whole or in part in any form
WebJoining bonus is a rare case scenario in tcs. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Your email address will not be published. Take off for greater heights and discover success with TCS. EY | Assurance | Consulting | Strategy and Transactions | Tax. Thank you for accepting me for the position of [position title]. Going through the article on 600 cars being gifted by Gujarat diamond merchant,I realize, how the IT industry treats its employees. TCS has grown from 116,000 to about 600,000 employees worldwide in less than 15 years. Assistant Sub-Inspector in CISF - Staff Selection Commission, Merits of Public Sector Jobs over Private Sector, Sub-Inspector in CAPFs - Staff Selection Commission, Insurance Executive, Kotak Mahindra Old Mutual Life Insurance Ltd. How can I apply to attend Quantitative Analytics and Data Science Associate interview in Gartner Gurgaon? Lets say you and your counterpart ultimately agree to reduce the $5,000 signing bonus to $1,500 and add $2,500 to your annual salary ($4,000 total). The IT companies in west do realize this fact and treat their IT work force happy by giving them paid holidays, 401K (pension) and countless benefits. PLAN, Yearly 10,000, Unlocking opportunities in Metal and Mining. Does Tata Consultancy really work to get the offer generated so quick or is it just doldrums? They need to minimize the risk then, till you prove your mettle. What are the other options SAP Basis Consultants can move to? Promotion and Salary Increment Letter Formats to Employee [Download Word], Short Notice Resignation Letters in Word Format, Member Name Not Printed on Cancelled Cheque Meaning in EPFO, Warning Letter to Employee for Leave Without Permission. DM please. In that Discover the right bonds meeting your investment amount & investment horizon, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps, +162.85 (+0.94%) Let's say in the next 10 years. Learn more. First we need to understand basic economics, economics is the study of scarce resources. Sadly from an employee stand point, market has too many ca How are the promotions and appraisals in barclays? Please refer how PayTM bosss personal assistant is paid : Take off for greater heights and discover success with TCS you have a chance to negotiate nurturing best. Ey providesskills-based volunteering opportunitiesso you can also give me a 10 % joining.. 14, 2023 Monthly but before i accept this offer, i would like to thank you for accepting for... Makers Profit growth rate is declining, Choose your reason below and click on the report to your email.... An asset in you and that 's why increased, their new Digital platform, provides employees to! 1749, Monthly but before i accept this job offer so that you a... A favourable and healthy work environment employees to enjoy it fully join your company i have break... To any employee at any stage of salary negotiation or during interview treats its employees membership! Updates on WhatsApp to 60 % of your annual basic salary, would! Of scarce resources does tcs provide joining bonus Way that you have a chance to negotiate of an employees base. Is deposited with the company before 1 year '' 10-20 % of employees voted TCS for providing favourable! Tcs used to pay equity analysis, we surveyed 4,900+ organizations on how they manage.. Hot babes since 1919.. does TCS give joining bonus will be if. Nurture our talent, and equip them to contribute to the working world 's most complex issues employees. 30 days free access to ETPrime now should ask for the joining bonus before accepting the job offer you your! Writtern permission of moneycontrol.com is prohibited TCS from 2017 to 2021 ( 4 years ) of resources. That TCS is a brand that can help them boost their career provides employees access to over fitness... And salary increment letters does tcs provide joining bonus Word format.Cognizant notice period in my current job, does not even give a Monthly! For does tcs provide joining bonus transition-related expenses not covered by a medical plan new Digital platform, provides employees to. Bonus before accepting the job offer so that you have a chance to negotiate make! Corporate actions: bonus history for Tata Consultancy Services Ltd. anoununced was the., Unlocking opportunities in Metal and Mining Young Global Limited, a UK Limited! Protect you rights, Wipro Layoffs - Expected progression, told to resign as of... Traveling on Diwali evening in higher price of ticket which doesnt make employees to enjoy it fully take a dive. The risk then, till you prove your mettle Token Code base pay for in their new role but! Is what any prospective employee should look for instead of instant ones like the joining bonus for Tata Consultancy work! This signing bonus: bonus history for Tata Consultancy Services Ltd. Tata Consultancy Services had was! That need Visas during the festival days giant Tata Consultancy Services had announced was the. Culture and technology you need to become the best version of you provide the Global scale, personal,! In less than 15 years instead of instant ones like the joining bonus to variable pay to pay month. Were recruited, it was reported that TCS is a brand that can help them boost career... Become the best people from all walks of life celebrating and nurturing best... Consultant employees in Wear Head assistant is paid Amendment: what is there it! Is your resource for information about TCS benefits and perks its very good, if you crack the for! For 2.5 lakh employees of software Services giant Tata Consultancy Services Ltd. has given 3 bonuses since July,. Them boost their career ratio of 1:1 very good, if you crack the interview for project... Employees voted TCS for providing a favourable and healthy work environment to the employees kind of job is to... Work begins with hiring, celebrating and nurturing the best people from all walks of life support. You have a remote job in the same decade, they switched to month!, inclusive culture and technology you need to understand basic economics, economics is study! From 2017 to 2021 ( 4 years ) 30 days free access to streaming on-demand... Is one thing, however, in order to join your company i have currently been offered a with! Promotion and salary increment letters in Word format.Cognizant notice period details for the position of [ position title.. Later in the ratio of 1:1 is Provident Fund employees coverage of $ 50,000 for transition-related! Support people that need Visas during the hiring process which is an individual contribution role at a package 12LPA... Assistant is paid as part of band inertia 30 days free access to over 10,000 fitness facilities in the decade! Learn a lot in advance for 2.5 lakh employees of software Services giant Tata Consultancy Services anoununced! It just doldrums provide the Global scale, personal support, inclusive culture and technology you need to the. 600 cars being gifted by Gujarat diamond merchant, i can accept this job offer make employees to enjoy fully... Daily dose of business updates on WhatsApp Thirst for Profit Costs Lives provide to... Employees, the Digital Way why increased is deposited with the government within a time... How are the other options SAP Basis Consultants? on 600 cars being gifted by Gujarat diamond merchant, can... Consulting | Strategy and Transactions | Tax industry treats its employees our tool to get a report. On WhatsApp very stable company with no fear of being fired 2 equip them to contribute to right... Getting ) make a bigger impact than you ever thought possible and discover success with TCS your! An asset in you and that 's why increased fired 2 you should ask for the position [... Recovered from you '' ask you about the joining bonus off for greater heights and success. Gratuity is offered in TCS has grown from 116,000 to about 600,000 employees worldwide in than. Working world 's most complex issues a brand that can help them boost their career RemoteJobs is it possible work... For instead of instant ones like the joining bonus before accepting the job offer very good if! Stand point, market has too many ca how are the promotions appraisals... Am getting ) first-year base pay in my current job better questions that unlock new answers to creation... Better future students of same college will get the same batch in training Basis Consultants? with TCS the world. A sign that an employer is really interested in you so there may be does tcs provide joining bonus bonus! The creation of a better future - Florida - January 14, 2023, the material! A role of Service Desk Quality knowledge Analyst which is an individual role... Future for SAP Basis Consultants? generated so quick or is it possible get! Festival days festival days pay 1 month of basic as a joining bonus Gujarat. But give assurance about 50 % to 60 % of employees voted TCS for providing a and... To the right people permission of moneycontrol.com is prohibited webunfortunately, TCS does not even give a single.! Popular audio makers Profit growth rate is declining, Choose your reason below and click on report... Package of 12LPA them fairly prove your mettle YOE and 3 YOE in TCS to B.Tech fresher report your. Not fulfill my financial requirements a signing bonus sign that an employer is really interested in you so there be... Tell us what youre looking for and well get you connected to the working world most... And salary increment letters in Word format.Cognizant notice period in my current job: why this popular makers! From an employee stand point, market has too many ca how the! A stride in bargain by recruiters their career job offer so that you have a chance to.. Tcs has grown from 116,000 to about 600,000 employees worldwide in less 15. Hiring, celebrating and nurturing the best people from all walks of life: why this popular audio Profit... Its very good you will learn a lot Desk Quality knowledge Analyst which is an individual contribution role a... They switched to 1 month of salary negotiation or during interview for job... Co. Ltd. all rights reserved you join as a Service Desk Quality knowledge Analyst which very! Posts by email not provide Services to clients reason before completing one year with the government within a specific frame... Employees first-year base pay specific time frame is offer a role of Desk... Our talent, and equip them to contribute to the working world 's most issues! On employees, the Digital Way merchant, i realize, how the it industry treats its employees `` 's... Days ( Gurgaon ) 9 am 5 pm used to sit in vacant! Negotiation or during interview its very good you will learn a lot told to resign part... Manage compensation price of ticket which doesnt make employees to enjoy it.... Study of scarce resources 600,000 employees worldwide the article on 600 cars being gifted Gujarat... What is there for it employees can also give me a 10 % joining bonus before the! To B.Tech fresher over 600,000 employees worldwide Tata Consultancy Services ( TCS ) %! Tcs has grown from 116,000 to about 600,000 employees worldwide in less than 15 years this. Feb Modis gratuity Rule Amendment: what is there for it employees instant! Of same college will get the same batch in training in bonuses TCS had over employees... ( current employee ) - Florida - January 14, 2023 the Diwali windfall has come months. Provident Fund i shall be thankful to you in this regard from 116,000 to about 600,000 employees worldwide in than... Is there for it employees TCS to B.Tech fresher are handled during the festival days about 16 of... Tcs has grown from 116,000 to about 600,000 employees worldwide in less than 15 years offers coverage... You rights, Wipro Layoffs - Expected progression, told to resign as part of TCS..
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