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  • Execs seek clues to forge trust in employees!

    Execs seek clues to forge trust in employees!

    News by Editorial Team 17 Jan 2020

    The latest survey by New YPO Global Pulse Survey report dated January 14, 2020, stated that about 96% of young chief executives believe that trust is critical but they don’t have a clue how to build on it and then maintain it. The survey also listed that about 42% of respondents believed that in the last five years the importance of building trust with the stakeholders of the organization has increased significantly. The report also revealed that about 40% of executives found it easy to build and maintain trust with their employees, while about 60% of respondents shared that they were yet to measure employee trust within the organization.

     

    read more at HRDIVE
  • Indeed to expand its skills assessment tool in job advertisements!

    Indeed to expand its skills assessment tool in job advertisements!

    News by Editorial Team 17 Jan 2020

    In a recent announcement by the leading job portal Indeed, dated January 16, 2020, it was stated that the company is expanding its Indeed Assessment Tool, which would allow employers to add two skills tests to their job postings. Currently, the feature would be rolled out to the US employers and would be free to use. According to the survey, it was found that about 41% of candidates admitted that their education doesn’t match their work profile. The survey also revealed another finding that about 55% of recruiters felt that the resumes of applying candidates fail to enlist their skills.

     

    read more at HRDIVE
  • Promotion: an incentive to increase employee retention rate

    Promotion: an incentive to increase employee retention rate

    News by Editorial Team 17 Jan 2020

    A recent survey by CareerAddict, released January 14, 2020, revealed that about 82% of employees would quit their jobs because of a lack of professional growth within an organization. The survey that was conducted on about 1,000 employees, threw light on one of the primary reasons an employee would be likely to quit her job – lack of career growth opportunities. The survey also featured the respondents who had already quit their jobs. And about 35% of those respondents admitted that if offered bigger pay packages and promotions, they would return to the jobs happily. Other survey findings included discrimination by superiors and gender-based bias by women.

     

    read more at HRDIVE
  • General Motors moves 1,350 hourly employees to full-time roles

    General Motors moves 1,350 hourly employees to full-time roles

    News by Editorial Team 16 Jan 2020

    In a recent announcement dated January 15, 2020, General Motors Co, revealed that the company would onboard more than 1,350 hourly workers as full-time employees in the first quarter of 2020. According to the statement released by the company, employees from 14 General Motors manufacturing units in Michigan, Indiana, New York, Texas, Tennessee, Missouri, Kansas, and Kentucky would enjoy the full-time employee status. The statement further confirmed that full-time status would offer other benefits to the employees including better medical benefits, insurance coverage along with company contribution to their retirement plans or the 401(k) among other benefits.

     

    read more at Reuters
  • Pay disparity still a reality at Citigroup

    Pay disparity still a reality at Citigroup

    News by Editorial Team 16 Jan 2020

    Citigroup Inc. revealed in an official statement dated January 15, 2020, that female employees are paid 27% less than their male counterparts if title and location are not taken into account. The Wall Street bank also shared that according to an internal analysis there has been an improvement of 2% from last year. The statement also shared the salary statistics – women on an average were paid 99% of men were paid – of men and women sharing similar job roles within the same location, which was on par with last year’s result. The bank had started disclosing its ‘raw’ pay disparity globally in 2019, in response to shareholder pressure to disclose the gap.

     

    read more at Reuters
  • South Africa's TelKom to cut 3,000 jobs amidst performance struggle/decline

    South Africa's TelKom to cut 3,000 jobs amidst performance struggle/decline

    News by Editorial Team 16 Jan 2020

    South African TelKom in a letter to the Union, dated January 15, 2020, revealed that it could cut about 3,000 jobs of more than 15,000 workers, as it struggles with a decline in performances in fixed voice and fixed data services. In its letter to the unions, the company mentioned that it has been struggling with the mounting organizational and operational inefficiencies related to fixed voice and data services. The letter also mentioned that while it has been trying to keep pace with the growing demand for the internet and data with the increased use of smartphone usage, it has not been able to match up. The organization also mentioned that it would consider voluntary severance and early retirement packages for employees affected by phase one of the job cut.

     

    read more at Reuters
  • Disney expands its educational program 'Disney Aspire'

    Disney expands its educational program 'Disney Aspire'

    News by Editorial Team 15 Jan 2020

    In a recent announcement, dated January 8, 2020, it was revealed that the Walt Disney Company would expand its education plan – Disney Aspire and add Purdue University Global and Southern New Hampshire University to its previous network of schools. Disney Aspire is a 100% tuition paid program in association with Guild Education. The announcement further revealed that over 12,000 students have enrolled in classes and about 500 of them completed the programs since the program’s launch in August 2018. And with two new universities joining the bandwagon, eligible employees would be able to pursue programs like cloud computing, digital photography, legal studies, and higher education administration among other programs that are offered.

     

    read more at HRDIVE
  • Starbucks offers meditation app to employees

    Starbucks offers meditation app to employees

    News by Editorial Team 15 Jan 2020

    Starbucks has added ‘Headspace’ – a subscription service that offers hundreds of themed sessions and easy guided meditations to the previous lists of employee benefits informed the press release by the organization. The app includes programs that would help people with stress, anxiety and other mental health-related issues. It is the latest offering from the coffee giant’s enhanced Employee Assistance Program that was created to post the feedback from employees and qualified experts in the field of medical health.  

     

    read more at Forbes
  • McDonald's offer on-job training to workers via 'Crosswork Credits'

    McDonald's offer on-job training to workers via 'Crosswork Credits'

    News by Editorial Team 15 Jan 2020

    According to the latest announcement dated January 9, 2020, McDonald’s and Indiana’s Ivy Tech Community College, have entered into a partnership between 300 McDonald’s restaurants and 18 of the school campuses. As per the announcement, Ivy Tech would offer a chance to McDonald’s workers to obtain ‘crosswork credits’ thus allowing them to learn while they earn. In addition, the Ivy Tech counselors would also help McDonald’s workforce to identify which training and experiences would count as credits.

     

    read more at HRDIVE
  • 'Creativity' – high in demand soft skill in 2020

    'Creativity' – high in demand soft skill in 2020

    News by Editorial Team 14 Jan 2020

    According to the LinkedIn Learning Report that was released on January 9, 2020 ‘Creativity’ was one of the most demanded soft skills in 2019 and it has retained its top position this year as well. The report revealed that organizations seek employees who could approach problems creatively and offer creative solutions. Other soft skills that made to the top of the list included – Persuasion, collaboration, adaptability, and emotional intelligence. LinkedIn in its report noted that emotional intelligence was the new entrant to the list and was here to stay.

     

    read more at HRDIVE
  • Women outnumber men in the US workforce

    Women outnumber men in the US workforce

    News by Editorial Team 14 Jan 2020

    In the recent development as reported by Broadsheet – Fortune’s daily newsletter for and about the world’s most powerful women – women in the US have outnumbered men in the workforce. The newsletter reported that it was the first time since 2010 and the second time ever that women surpassed men on the US payrolls. Currently, it was reported, women hold about 50.4% of jobs that exclude roles like farmworkers and the self-employed. Keeping in line with the trend the economists predict that the future of the American workforce is women.

     

    read more at Fortune
  • Interview flirtations can make you lose qualified candidates

    Interview flirtations can make you lose qualified candidates

    News by Editorial Team 14 Jan 2020

    In a recent JPD report released on January 6, 2020, it was revealed that interviewers have flirted with about 20% of job applicants. The report also mentioned that about 58% of women had flirted back as compared to 71% of men flirting back with the interviewer. In addition, the report mentioned that about 59% of respondents revealed that they have been also asked questions about their personal lives that had made them uncomfortable. The report also featured other attributes that men and women worried about differently at the time of the interview.

     

    read more at HRDIVE
  • Hollywood: gender parity still a distant dream!

    Hollywood: gender parity still a distant dream!

    News by Editorial Team 13 Jan 2020

    According to the reports by Celluloid Ceiling released on January 3, 2020, while the number of women working behind the camera has risen significantly in 2019. It is still far less, as men continue to outnumber women by the ration 4:1in the important behind-the-scenes roles. The report revealed that women comprised about 20% of all directors, producers, executive producers, writers, editors and cinematographers working on the top 100 films in Hollywood. The reports also emphasized on what experts felt about the entire scenario and revealed that there still needs to be a huge improvement.

     

    read more at HRDIVE
  • Taco Bell to tackle turnover rates by salary raise

    Taco Bell to tackle turnover rates by salary raise

    News by Editorial Team 13 Jan 2020

    Taco Bell in the latest press release dated January 9, 2020, announced that it would test a $100,000 annual salary for its restaurant manager at company-owned stores in few select locations in the latter part of the year. The release also revealed that the chain would also introduce a program called ‘Makers’ for employees who wish to grow their leadership experience but don’t want to be general managers. In addition, the chain announced that as of January 1, company employees would be eligible for at least 24-hours paid sick leave each calendar year.

     

    read more at HRDIVE
  • Paid 12-weeks family leave for Tennessee state workers

    Paid 12-weeks family leave for Tennessee state workers

    News by Editorial Team 13 Jan 2020

    In a recent announcement by the Governor’s office, Tennessee would be offering paid family leave to its state employees, effective March 1, 2020. The governor signed an executive order on January 7 that granted the popular benefit. According to the governor’s office, the latest leave sanction would be consistent with the Family and Medical Leave Act (FMLA). The press release also mentioned that the requirement doesn’t apply to private business.

     

    read more at HRDIVE
  • California court exempts truckers from 'Gig worker' law

    California court exempts truckers from 'Gig worker' law

    News by Editorial Team 10 Jan 2020

    In a recent ruling California Court announced that independent truck drivers were exempted from ‘gig worker’ law as they are subject to federal statute. The ruling Los Angeles judge handed a victory to one industry that was challenging the state effort to clamp down on labor abuses. The said law is known as AB5 and took effect on January 1, making it difficult for organizations to classify their workforce as contractors instead of employees – a discretion that exempts them from being eligible for overtime, healthcare and workers’ compensation.

     

    read more at Reuters
  • US agency reviews non-compete agreements for workers

    US agency reviews non-compete agreements for workers

    News by Editorial Team 10 Jan 2020

    The US Federal Trade Commission or FTC – the agency that is responsible to enforce antitrust law would reconsider the rule that allows employers to force their workforce to sign the non-compete agreement. According to the announcement made by the officials on Thursday – the law that was meant for white-collar professions like doctors and tech workers; has trickled down to the blue-collar profession that requires minimum or no training. The state has earlier also argued the non-compete agreement was illegal.

     

    read more at Reuters
  • Over caring manager may appear unengaged

    Over caring manager may appear unengaged

    News by Editorial Team 10 Jan 2020

    According to the latest research by Harvard Business Review, it was revealed that managers who are too much involved with their employees’ personal issues might tend to pay for it in terms of enhanced distress, sadness, and nervousness. The research revealed that while leaders their employees with work problems tend to improve their work engagement, dealing with personal issues could have an opposite effect. The researchers concluded that dealing with personal issues of employees could also be taxing for leaders as well, especially the inexperienced ones.

     

    read more at HRDIVE
  • Executives sue McDonald's over racial discrimination

    Executives sue McDonald's over racial discrimination

    News by Editorial Team 09 Jan 2020

    Two Afro-American executives filed a lawsuit against the fast-food giant for ‘systematic but covert’ racial discrimination prevalent at McDonald’s. The executives alleged that the racial discrimination reached its peak under the former chief executive Steve Easterbrook who took over the company in 2015. The lawsuit comes at a time when McDonald’s conducted a broad examination of its corporate culture in the wake of Easterbrook’s departure. The current suit filed in the latest in a series of racial and sexual harassment cases that were brought against McDonald’s.

     

    read more at The Guardian
  • CPOs lack skills to meet demands of new-gen workforce

    CPOs lack skills to meet demands of new-gen workforce

    News by Editorial Team 09 Jan 2020

    A recent study by HR People + Strategy revealed that Chief People Officers lack skills and technical knowledge to meet the demands of the new-gen workforce. According to the study about 520 executives believed the absence of C-suite support as the major cause of not being ready among the officers. The study explored the development of the next generation HR leaders also found that about 99% of CPOs believed that while they had courage and agility to change, there was only a handful about one-third who were ready for the change.

     

    read more at HRDIVE

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