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  • WeWork to lay off 20% of the workforce

    WeWork to lay off 20% of the workforce

    News by Editorial Team 22 Nov 2019

    WeWork, following its failed initial public offering (IPO) attempt, said it will lay off nearly 20% of its workforce, Reuters reports. “As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization,” a company spokeswoman said in a statement. However, the employees will receive severance and continued benefits during this critical period of career transition, the report said.

     

    read more at Reuters
  • Facial stigma impacts the interview process

    Facial stigma impacts the interview process

    News by Editorial Team 22 Nov 2019

    Interviewers pay less attention to facial imperfections when the interviewees acknowledge them upfront, a study from Rice’s University and the University of Houston’s Hilton College says. Facial features affect the interview process amidst strict laws that preclude it. As a resolution, researchers at Penn State University and Columbia University have unveiled an Artificial Intelligence (AI) tool to detect discrimination based on legally protected classifications, HR Dive Reports.  

     

    read more at HRDIVE
  • Google employees to protest 'brute force intimidation attempt'

    Google employees to protest 'brute force intimidation attempt'

    News by Editorial Team 22 Nov 2019

    On Friday, November 22, Google employees are planning a rally in San Francisco demanding an end to the escalating pattern of intimidation. The organizers of Friday’s rally portray the administrative leave of two workers as a brute force intimidation attempt and call for the reinstatement of their colleagues, Forbes Reports.

     

    read more at Forbes
  • Internal mobility boosts employee retention

    Internal mobility boosts employee retention

    News by Editorial Team 21 Nov 2019

    Employees who change jobs internally stay longer on board, data from LinkedIn shows. Further, employees who are promoted after spending 3 years on staff have a 70% chance of staying on board, while those who made a lateral move have a 62% chance of staying. Those who remain in their position have a 45% chance of staying on board.

     

    read more at HRDIVE
  • Political talk is increasing at work

    Political talk is increasing at work

    News by Editorial Team 21 Nov 2019

    42% of American employees have been involved in political talks at work, Fortune says. Though it is expected of workers to leave political talks at the door when they come to work, the reality is far from expectation. 56% of workers think political talks have been increasing at work and becoming more polarizing, a survey from the Society of human resources management says. 

     

    read more at Fortune
  • Employee onboarding is important for engagement

    Employee onboarding is important for engagement

    News by Editorial Team 21 Nov 2019

    Most employers lack satisfactory employee onboarding, suggests Accountemps. A poll conducted by Accountemps found that most employees rated their employers' onboarding efforts as somewhat effective. Another research from Service Now found 80% of employees say onboarding is an important event at work. Micheal Steinitz says, “it is important for companies to make a first good impression”.

     

    read more at HRDIVE
  • Employees want to be recognized for accomplishments

    Employees want to be recognized for accomplishments

    News by Editorial Team 20 Nov 2019

    In a Deloitte survey, 85% of global employees said they would prefer to be recognized for day-to-day accomplishments. Employers are acting on the finding. World at Work and Maritz Motivation found that the number of employers with deeply-embedded recognition programs increased from 10% in 2015 to 17% in 2019. Eventbrite taps into employees’ passion for self-organizing events by encouraging small celebrations to engage employees.

     

    read more at HRDIVE
  • J&Js turns employees with career-break into top hires

    J&Js turns employees with career-break into top hires

    News by Editorial Team 20 Nov 2019

    Re-joining the workforce is a challenge for people who are on a career break. Keeping this mind, Johnson& Johnson launched the Re-ignite program in 2017. Reportedly, 43 % of mothers in STEM careers leave their jobs to raise their first child. Contrarily, 23% of fathers leave. The Re-ignite program boasts a 100% returnee-to-employee conversion rate.  The program welcomes anyone who has had a career break.

     

    read more at HRDIVE
  • CHROs are prospective CEOs

    CHROs are prospective CEOs

    News by Editorial Team 20 Nov 2019

    According to Hanold Associates, a recruiting firm, employers are increasingly realizing the correlation between talent and company performance and therefore are seeking high-caliber business leaders for HR roles. This makes CHROs a potential candidate for CEO positions. CEOs are increasingly seeking HR’s input. CHROs are fighting less for the table now and are serving as a strategic partner, HR Dive reports.

     

    read more at HRDIVE
  • Tata steel to cut 3000 jobs across Europe

    Tata steel to cut 3000 jobs across Europe

    News by Editorial Team 19 Nov 2019

    Tata group’s European chief executive Henrik Adam said the company is planning to cut about 3000 jobs across its European business. According to the statement released by Tata, the company is seeking to improve performance by increasing sales of higher value products, efficiency gains and reducing employment costs by cutting employee numbers. The statement also revealed that about two-thirds of the job losses are expected to be office-based roles. There will no plant closure.

     

    read more at Reuters
  • Employers fight inequality with remote workers

    Employers fight inequality with remote workers

    News by Editorial Team 19 Nov 2019

    Employers can address the economic inequality of their workforce by accommodating and encouraging a more remote workforce. “Job growth in places like the U.S is often driven by a small number of cities, creating big incentives for workers to move there. That, in turn, ratchets up the cost of living, exacerbating inequality in those hot spots” says Kevin Sneader, McKinsey managing partner.

     

    read more at Fortune
  • People-centered culture overcomes skills gaps

    People-centered culture overcomes skills gaps

    News by Editorial Team 19 Nov 2019

    Whirlpool Cooperation remains positive about the self-growth and its workers, amid huge digital skill gaps. The company with its unique ‘zero-based policy’ has found the perfect balance of tech and process to keep its workforce steps ahead of digitization. The Whirlpool Corporation fosters people-centric culture, says Deboleena Bose, vice president of human resources. The company is evolving with industrial technology changes. 

     

    read more at HRDIVE
  • EMPLOYEE DEBT CAUSES PROFESSIONAL AND PERSONAL STRESS

    EMPLOYEE DEBT CAUSES PROFESSIONAL AND PERSONAL STRESS

    News by Editorial Team 18 Nov 2019

    American graduates accumulate around $35,359 in student debt says Experian. The increasing costs of student loans create high emotional and financial stress that negatively impacts employees' professional and personal life. About 80% of workers are stressed about finances and 78% live paycheck to paycheck, Forbes reports. To curb this and improve employee financial flexibility and wellness, Ceridian announced Dayforce Wallet.

     

    read more at Forbes
  • COURT OVERRULES HHS' RULING FOR HEALTHCARE WORKERS

    COURT OVERRULES HHS' RULING FOR HEALTHCARE WORKERS

    News by Editorial Team 18 Nov 2019

    A rule that allows healthcare workers to receive funds to refuse to perform healthcare services including abortion, sterilization and assisted suicide is overturned by a federal judge. Paul A. Engelmayer, the Judge, concludes HHS lacked rulemaking authority. The rule was set to take effect on Nov.22. The rule’s promulgation was “arbitrary and capricious”, the court said.

     

    read more at HRDIVE
  • 45% OF THE U.S EMPLOYERS OFFER PAID PARENTAL LEAVES

    45% OF THE U.S EMPLOYERS OFFER PAID PARENTAL LEAVES

    News by Editorial Team 18 Nov 2019

    43% of new mothers drop out of the workforce after having a baby, says Kate Ryder, CEO of Maven Clinic. Lack of support and easy access to health services and inflexible corporate cultures, are a few reasons for fewer number of new mothers returning back to work, Fortune reports. The number of employers offering paid parental leaves has risen from 25% to 45 % from 2015 till now.

     

    read more at Fortune
  • HR need to accurately price skills

    HR need to accurately price skills

    News by Editorial Team 15 Nov 2019

    A press release by Payscale says it is critical that HR is able to accurately price workers’ skills. This demands HRs to take an individual’s skills and geography into account when setting pay. An understanding of the value of skills can help others too. Managers can be more transparent about professional growth and opportunities when talking with employees. Payscale offers a tool to price skills, the press release said. 

     

    read more at HRDIVE
  • Increasing gender transparency

    Increasing gender transparency

    News by Editorial Team 15 Nov 2019

    Enterprises worldwide are supporting gender transparency. Salesforce, for instance, releases gender data. A U.K law mandates firms to disclose men’s and women’s pay. Recently, Microsoft added a new management dimension to its diversity report. Oracle, reportedly, is resisting shareholders’ pressure to disclose gender pay data. Allegedly, the company has been underpaying women and people of color. Pax World Funds require Oracle to furnish gender pay data.

     

    read more at Fortune
  • Huawei gives bonuses to its workers as a gesture of thanks

    Huawei gives bonuses to its workers as a gesture of thanks

    News by Editorial Team 14 Nov 2019

    Huawei announced bonuses for its employees that totaled more than $285 million as a thank you for their efforts. The Chinese tech giant with the help of its workers was able to cope up with the US sanctions that threatened its smartphone and other businesses. The company also announced an additional one month’s salary for its workers.

     

    read more at Fortune
  • Microsoft Reveals its Gender Diversity Gap Report

    Microsoft Reveals its Gender Diversity Gap Report

    News by Editorial Team 14 Nov 2019

    Microsoft revealed its Gender Diversity Gap Report for 2019 at a granular level segregating its racial and diversity data by levels of management and individual contributors. The company revealed that women make up for about 27.6% of the workforce, with about 19.3% holding the executive positions.

     

    read more at Fortune
  • Business Owners find it difficult to communicate 401(k) plan to their employees

    Business Owners find it difficult to communicate 401(k) plan to their employees

    News by Editorial Team 14 Nov 2019

    According to a survey of 400 business owners, more than half of them revealed that they struggle to discuss the 401(k) plan with their employees. About 68% of the owners realized that it is their responsibility to encourage employees’ participation in the plan.

     

    read more at HRDIVE

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