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  • Starbucks commits to have about 30% of minority workers by 2025!

    Starbucks commits to have about 30% of minority workers by 2025!

    News by Editorial Team 15 Oct 2020

    According to a latest commitment by Starbucks to diversity, it was revealed that it will include a new mentorship program, piloting outreach workers at its cafes and pledges to have more minorities in its corporate workforce. The company was forced to reckon with racial inequality and its own diversity and inclusion efforts post an employee called police on two Black men in a Philadelphia café in 2018. The café also had just about 15% of senior leadership who were people of color.

     

    Read more at CNBC
  • DOL issues guidelines about D&I restrictions in FAQ document!

    DOL issues guidelines about D&I restrictions in FAQ document!

    News by Editorial Team 15 Oct 2020

    In a recent development, the US Department of Labor’s Office of Federal Contract Compliance Programs had published guidance last week. The guidance, which was presented in a Q&A format and lists several examples of race or sex stereotyping or scapegoating – both of which are defined in the executive order. The agency also added that it planned to take an initial rulemaking step – the publication of a Request for Information — next week.

     

    Read more at HRDIVE
  • Amazon starts to track workers' productivity rates!

    Amazon starts to track workers' productivity rates!

    News by Editorial Team 15 Oct 2020

    In a recent development, Amazon workers in Staten Island revealed that the ecommerce giant has resumed tracking productivity rates in its facilities. The workers claim that this puts them at greater risk of exposure to the coronavirus. Amazon, in July, had said that it wouldn’t take disciplinary action against employees who fell short of productivity quotas. Amazon had said that it knew that workers need some extra time to wash their hands, sanitize their workstation, and practice social distancing. 

     

    Read more at CNBC
  • Workers invested in education amid economic downturns: A Study!

    Workers invested in education amid economic downturns: A Study!

    News by Editorial Team 14 Oct 2020

    According to the findings of a study published on 1 Oct. 2020 in the MIT Education and Finance Policy, it was found that for every hundred workers who were laid off during economic recessions, there has been an increase of three students and completions of ‘career-technical programs.’ The study stated that the rise in enrollment had accounted for half of the increase in labor force non-participation after widespread layoffs.

     

    Read more at HRDIVE
  • Unemployment becomes permanent for millions of Americans!

    Unemployment becomes permanent for millions of Americans!

    News by Editorial Team 14 Oct 2020

    According to economists, about 13 million Americans were unemployed in September, which is about 7 million more workers than pre-pandemic levels. Initially the early part of the recession was marked by temporary layoffs or furlough, however, now the permanent job loss is rising. Economists also suggested that a growing share of workers have been unemployed for a longer period of time, which can have severe financial side-effects.

     

    Read more at CNBC
  • Narcissistic leaders 'a risk to entire organization' – A Study!

    Narcissistic leaders 'a risk to entire organization' – A Study!

    News by Editorial Team 14 Oct 2020

    In a September study from the Berkeley Haas School of Business, it was revealed that the characteristics of narcissistic leaders can infiltrate the company culture. The study stated that due to their “diffuse but persuasive ‘dark side’ impact” on the cultures, which they unintentionally create. The study concluded that employers need to develop practices that will prevent the recruitment and promotion of narcissistic leaders.

     

    Read more at HRDIVE
  • C-suite leaders find pandemic-driven measures barriers to productivity!

    C-suite leaders find pandemic-driven measures barriers to productivity!

    News by Editorial Team 13 Oct 2020

    The recent survey results published in 5th Oct, 2020 report by consulting firm West Monroe revealed that C-suite found COVID-driven workplace measures to be barriers to productivity. About 40% of the 150 leaders surveyed responded saying that social distancing was the greatest hindrance to productivity while the other 37% cited remote work as hindrance to the productivity.

     

    Read more at HRDIVE
  • British Airways chief to step down as airline navigates 'worst crisis'!

    British Airways chief to step down as airline navigates 'worst crisis'!

    News by Editorial Team 13 Oct 2020

    In an internal announcement made by the parent firm IAG on Monday, it was stated that British Airways Chairman and CEO Alex Cruz will resign from his position as the airline’s chief executive. Aer Lingus Chairman and CEO Sean Doyle are expected to take the charge after a transition period. The statement quoted IAG Chief Executive Luis Gallego saying, “We’re navigating the worst crisis faced in our industry and I’m confident these internal promotions will ensure IAG is well placed to emerge in a strong position.” The COVID-19 outbreak led to an exceptional hit to air travel and brought the entire industry to standstill.

     

    Read more at CNBC
  • Rifts over support lead to 'trust gap': IBM Report!

    Rifts over support lead to 'trust gap': IBM Report!

    News by Editorial Team 13 Oct 2020

    According to a recent report by IBM Institute for Business Value report dated 30th Sept, 2020, it was revealed that while executives recognize the pressures employees face as organizations move through digital transitions, most of the employers had overestimated their offerings in areas like training, support, and job expectations. The data collected from numerous surveys conducted by IBM found that the employees were divided on various issues including physical and emotional health among other.

     

    Read more at HRDIVE
  • Pennsylvania to increase its salary threshold!

    Pennsylvania to increase its salary threshold!

    News by Editorial Team 12 Oct 2020

    According to an announcement made on 3rd Oct, 2020, it was revealed that Pennsylvania will increase its salary threshold in stages and will eventually hit $875 a week. The announcement also stated that the state will also change its duties tests for executives, administrative, and professional workers to more closely align with those found in the Fair Labor Standards Act (FLSA). The announcement was made by the Department of Labor and Industry. Changes in expanding eligibility for overtime pay to 143,000 people are expected.

     

    Read more at HRDIVE
  • Microsoft to offer more flexibility to work from home!

    Microsoft to offer more flexibility to work from home!

    News by Editorial Team 12 Oct 2020

    In a recent announcement made by Microsoft, the tech giant told its employees that they will be able to work remotely less than 50% of the work week, whenever it will be safe to return to office. The announcement also stated that employees will also be able to work from home full time post their manager’s approval, in addition, they can also move to new geographical location for remote work again with their manager’s approval. 

     

    Read more at CNBC
  • Virtual recruitment strategies gain favor amid pandemic!

    Virtual recruitment strategies gain favor amid pandemic!

    News by Editorial Team 12 Oct 2020

    In a recent survey carried out by the firm Robert Half, it was revealed that virtual hiring strategies have gained widespread favor during the COVID-19 pandemic. According to the survey about 75% of the senior managers who were surveyed revealed that their companies conducted remote interviews and onboarding sessions during the pandemic. The survey also stated that more than 60% of these practices were implemented only since the pandemic had hit the world.

     

    Read more at HRDIVE
  • No healthcare cost shifts in 2021: Mercer!

    No healthcare cost shifts in 2021: Mercer!

    News by Editorial Team 09 Oct 2020

    According to the recent survey carried out by the HR consulting firm Mercer, revealed that more than half of employers would not make cost-shifting changes like raising deductibles or copays to their healthcare benefit plans in 2021. The survey revealed that on average, respondents were expecting healthcare benefit cost increases of 4.4% in 2021, which will be slightly higher than estimates predicted in the last year’s survey.

     

    Read more at HRDIVE
  • Jobless claims are worse than expected amid recruitment slowdown!

    Jobless claims are worse than expected amid recruitment slowdown!

    News by Editorial Team 09 Oct 2020

    In a recent development related to the jobless claims, the first-time claims for unemployment benefits that added up to 840,000 as compared to the last week, which was the higher than the 825,000 Wall Street estimate. The claims have remained over 800,000 every week since mid-March. 

     

    Read more at CNBC
  • US railroad Amtrak to cut additional 2,400 jobs with no new bailout!

    US railroad Amtrak to cut additional 2,400 jobs with no new bailout!

    News by Editorial Team 09 Oct 2020

    In a recent announcement made by the US passenger railroad Amtrak it was found that in the absence of a new government bailout it can be forced to cut additional train service and cut spending that can further lead to the loss of additional 2,400 jobs. In its announcement, Amtrak has revealed that it needs up to $4.9 billion in government funding for the current budget year, which is up from the typical $2 billion in annual support.

     

    Read more at Reuters
  • Adidas appoints new HR chief amid racial row

    Adidas appoints new HR chief amid racial row

    News by Editorial Team 08 Oct 2020

    In a recent development, Adidas appointed Amanda Rajkumar, as its new head of human resources post the employee complaints over racism at the German sportswear company led to Karen Parkin’s departure in June. Parkin had stepped down as HR chief after some employees had called for an investigation over her handling of racism at the organization.

     

    Read more at Reuters
  • California employers to report pay data in 2021!

    California employers to report pay data in 2021!

    News by Editorial Team 08 Oct 2020

    According to a law signed by Gov. Gavin Newsome, private California employers are required to file an EEO-1 report with the US Equal Employment Opportunity Commission should also submit a pay data report to the state’s Department of Fair Employment and Housing either on or before 31 March, 2021. The law mandated that every employer filing a report that should include the number of employees from the previous calendar year.

     

    Read more at HRDIVE
  • EU lawmakers write to Amazon boss to seek clearance on spy issue!

    EU lawmakers write to Amazon boss to seek clearance on spy issue!

    News by Editorial Team 08 Oct 2020

    In a recent incident, members of the European Parliament have written to Jeff Bezos – Amazon boss – asking him if his organization is hiring intelligence agents to spy on politicians, trade unionists, and staff members. The letter has come after Amazon deleted two job postings for ‘intelligence analysts,’ ideally with French and Spanish skills. According to the job postings, the jobs involved monitor various threats perceived by Amazon.

     

    Read more at CNBC
  • Companies reimagine future of work amid pandemic induced transition!

    Companies reimagine future of work amid pandemic induced transition!

    News by Editorial Team 07 Oct 2020

    According to the recent McKinsey & Co. global survey it was revealed that organizations like Cisco have been reimagining the future of work considering the move toward a more remote workforce during the coronavirus pandemic. The report predicts that by 2025 more employees will be working on a hybrid work schedule, in addition, AI and machine learning will transform hiring and innovation teams will be more global. 

     

    Read more at CNBC
  • Employers 'responsible' for financial wellness of workforce!

    Employers 'responsible' for financial wellness of workforce!

    News by Editorial Team 07 Oct 2020

    In a recent report shared by Bank of America dated 24 Sept, 2020, it was revealed that more than half about 62% of employers feel ‘extremely’ responsible for employees’ financial wellness, as compared to 13% in 2013. The report that was titled Workplace Benefits Report and was based on the survey of 996 employees and 808 employers. According to the report, the employers also feel responsible for employees’ retirement healthcare needs and costs.

     

    Read more at HRDIVE

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