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  • Difficult interview process leads to more job acceptance!

    Difficult interview process leads to more job acceptance!

    News by Editorial Team 03 Mar 2020

    According to the latest study by Glassdoor threw light on an interesting fact. Candidates especially millennials and Gen Z responded better to the difficult interview process as compared to an easy one. The study also revealed that candidates were rejecting job offers at a speedy rate with rejection rates at their peak in five years. It also stated that the general rejection rate hovered around 17.3% and candidates in professional & technical industries rejected the job offers at a rate of 19.4%. The research concluded the trend confirmed conventional wisdom on the increasing competition for talent.

     

    read more at HRDIVE
  • Harley-Davidson initiates search for new CEO!

    Harley-Davidson initiates search for new CEO!

    News by Editorial Team 03 Mar 2020

    In a recent statement issued by the company, it was revealed Harley-Davidson is on the lookout for a new leader to rev up the declining sales at the iconic American motorcycle maker. The search started as the company started rolling out its new products. The company is also searching for the new leader, with the current chief executive officer Matt Levatich stepped down unexpectedly on 28 February 2020. Levatich resigned from his post a 26-year stint at Harley-Davidson including five years as the CEO.

     

    read more at Fortune
  • Working families struggle to make ends meet!

    Working families struggle to make ends meet!

    News by Editorial Team 03 Mar 2020

    The recent panel discussion in Washington Post live on Working Families: The Cost of the American Dream threw light on how the rising cost of childcare, ineffective parental leave policies and even pay disparities made it difficult for working families to meet their ends. The experts at the panel discussion, which was a healthy mix of academics, government officials and advocacy organization leaders, addressed the various problems facing the families and the possible solutions.

     

    read more at HRDIVE
  • Employers to expand paid leave benefits despite reservations!

    Employers to expand paid leave benefits despite reservations!

    News by Editorial Team 02 Mar 2020

    According to the survey carried out by the National Business Group on Health’s 2020 Large Employers’ Leave Strategy and Transformation Survey, employers would be expanding paid leave benefits keeping in mind both eligibility and qualification reasons for the same. The survey that had about 113 large employers contributing to it, revealed in 2019 about 30% of employers had added new leave programs, around 12% had expanded their eligibility criteria and about 24% of them increased the length of available leaves. The research also cited various reasons for the same – retention and engagement being the top two.

     

    read more at HRDIVE
  • GM to add 1,200 workers at its Michigan plants!

    GM to add 1,200 workers at its Michigan plants!

    News by Editorial Team 02 Mar 2020

    In a company announcement made by General Motors Co, the plans for hiring about 1,200 more workers for its two plants at Lansing in Michigan. The hiring is because of the increasing demand for the company’s mid-sized sport utility vehicles. According to the statement released the automaker giant also plans to add a third shift and about 800 workers at its Lansing Delta Township plant – building ground of the Chevrolet Traverse and Buick Enclave SUVs.

     

    read more at Bloomberg
  • Young ethnic minority professionals fight job unstability!

    Young ethnic minority professionals fight job unstability!

    News by Editorial Team 02 Mar 2020

    In a recent study released by the Carnegie Trust, University College London’s Center for Longitudinal Studies and Operation Black Vote revealed young ethnic minorities were at a greater risk of being in unstable employment. According to the research, the minority group has about 47% more likely to be on a zero-hours contract. The study also revealed the ethnic minority group would have about 4% fewer chances to have a permanent job. The researchers had compared the young professionals about 25 years in England.

     

    read more at BBC
  • Pay disparity increases with specialization: MIT Study!

    Pay disparity increases with specialization: MIT Study!

    News by Editorial Team 28 Feb 2020

    The recent study by MIT Sloan School of Management revealed that employees who performed distinctive tasks earned about 5% more than them in the same organization and in the same job. The study also revealed the pay differential could contribute to pay inequality. According to the study, as the job evolves and employees who perform unique tasks command higher salaries thus giving rise to more pay disparity.

     

    read more at HRDIVE
  • Cathay Pacific feels coronavirus' brunt; workers take unpaid leave!

    Cathay Pacific feels coronavirus' brunt; workers take unpaid leave!

    News by Editorial Team 28 Feb 2020

    In an internal memo, Cathay Pacific Airways Ltd. – the Hong Kong-based airline revealed more than 25,000 employees have taken unpaid leaves. The scenario underlines the depth of troubles within the airline, as it struggles against coronavirus. CEO Augustus Tang said Cathay’s challenges ‘remain acute’ and thanked employees for their support. Cathay Pacific, this month, had asked about 33,000 of its workers to take three weeks off between March 1 and June 30.

     

    read more at Fortune
  • Decline in employment for employees with disabilities: UNH report!

    Decline in employment for employees with disabilities: UNH report!

    News by Editorial Team 28 Feb 2020

    According to the recent research from the University of New Hampshire’s Institute on Disability, dated 25 February 2020, it was revealed there has been a slow-down in the employment growth rate for the employees with disabilities. The report said workers with disabilities ‘were left behind’ even as workplace diversity was on the rise. According to the report, the national disability employment rate rose about 37.6% in 2020 as compared to 37% in 2019 representing substantially slowed growth as compared to recent years.

     

    read more at HRDIVE
  • Organizations fight coronavirus, send workers home!

    Organizations fight coronavirus, send workers home!

    News by Editorial Team 27 Feb 2020

    As the deadly coronavirus spreads in Europe and Asia, companies take drastic measures to contain the breakout in their premises. According to the various media reports in Europe and Asia, organizations in Europe have announced corporate emergency and have put the plans into action. The plans forced employees to work remotely with other businesses refining their protocols to prepare themselves for the oncoming disease.

     

    read more at New York Times
  • Tech adoption in HR remains a hurdle!

    Tech adoption in HR remains a hurdle!

    News by Editorial Team 27 Feb 2020

    In a recent survey conducted by Green Circle Life, wherein workers and HR professionals contributed, it was revealed technology plays an important role in improving its HR services. The survey report also found out that more than half about 53% of respondents were generally happy with the HR services and the benefits offered to them. The survey also revealed the top utilization strategies of employers. It was found about 27% of them admitted that they use an integrated HRIS and benefits enrollment platform to encourage employees to learn about and use their benefits.

     

    read more at HRDIVE
  • Employees lack knowledge to address health concerns!

    Employees lack knowledge to address health concerns!

    News by Editorial Team 27 Feb 2020

    According to a recent survey from Aetna International, it was found out workers worried about their health and well-being. The survey also revealed a lack of specific knowledge related to their health status and motivation to change poor behaviors and shift to a healthy lifestyle. The survey had about over 4,000 workers and 1,000 HR directors from the UK, the US, the UAE, and Singapore. The report revealed that about a quarter of respondents were worried about their health but were afraid to go for a health check-up.

     

    read more at HRDIVE
  • NLRB confirms joint employer rule!

    NLRB confirms joint employer rule!

    News by Editorial Team 26 Feb 2020

    According to the statement from the National Labor Relations Board (NLRB) dated 25 February 2020, the NLRB on 26 February would publish a final rule updating its joint employer standard. The statement revealed the final rule would state that an entity would be considered a joint employer of a separate employer’s employees only if it possesses and exercises substantial direct and immediate control over the employees’ essential – like wages, benefits, hours of work, – terms of employment. According to NLRB, the new rule would take effect on 27 April.

     

    read more at HRDIVE
  • Salesforce co-CEO withdraws from the position!

    Salesforce co-CEO withdraws from the position!

    News by Editorial Team 26 Feb 2020

    In a recent announcement by Salesforce.com on 24 February 2020 revealed Keith Block has stepped down from his position as co-chief executive officer. The move ensured Marc Benioff as the sole CEO of the organization and has brought the company shares down by about 3% in extended trading. Block was seen as a potential successor to Benioff who founded the organization in 1999.

     

    read more at Reuters
  • ML& AI spark interest but pace is slow!

    ML& AI spark interest but pace is slow!

    News by Editorial Team 26 Feb 2020

    According to a report by O’Reilly on 18 February 2020, the interest in machine learning and artificial intelligence grew last year in 2019, however, the rate of growth was slow as compared to 2018. The report revealed in 2019, there was about a 7% increase in the interest, which was about half the growth rate in 2018.  

     

    read more at HRDIVE
  • Tech employees in Seattle earn 56% more than NYC workers!

    Tech employees in Seattle earn 56% more than NYC workers!

    News by Editorial Team 25 Feb 2020

    The US Bureau of Labor Statistics revealed employment increased by about 80% in the largest US counties in the third quarter of 2019 from 2018 and wages grew in about 350 counties of 355. The survey also revealed that employees working in the information sector in the Seattle area earned about five times more than King County, Washington and tech workers were earning an average of about $279,000 per year. When compared with workers in the NYC area the financial workers in New York City earned an average salary of about $179,000.

     

    read more at Bloomberg
  • Employees worry about career-setback with flexi work options!

    Employees worry about career-setback with flexi work options!

    News by Editorial Team 25 Feb 2020

    According to a survey done by Deloitte about 30% of respondents revealed their concerns about using flexible work options, as they feared it may have potential consequences to their professional growth. They also felt it would result in a lack of trust from leadership. Deloitte released the findings on 20 February 2020, based on a survey of 1,000 contributors. The survey also threw light on the fact that compressed workweeks and part-time scheduling were the least popular options in the flexible work programs.

     

    read more at HRDIVE
  • Expedia to cut 3,000 jobs to discipline bloated growth!

    Expedia to cut 3,000 jobs to discipline bloated growth!

    News by Editorial Team 25 Feb 2020

    In a recent announcement by the world-renowned travel giant, Expedia Group Inc. revealed it would slash thousands of jobs, in order to simplify the ‘bloated organization.’ The efforts would ensure the online travel giant revert to a more disciplined growth. According to the announcement, the staff reductions would affect about 3,000 employees, the number includes about 500 people in Expedia’s Seattle-based headquarters. The employees would be notified this week. 

     

    read more at Bloomberg
  • UniCredit CEO Mustier withdraws from HSBC role

    UniCredit CEO Mustier withdraws from HSBC role

    News by Editorial Team 24 Feb 2020

    According to the research from the University of California San Diego (UCSD) and Thermo Fisher Scientific, competitive ‘winner-takes-all’ pay was one of the most effective means to spur the creativity that would help fuel economic growth. The research, which had UCSD professors partnered with the biotech company, revealed that findings were significant because the “21st-century economy is one that prizes novelty. Firms view it as an important source of comparative advantage.”

     

    read more at Reuters
  • Fuel economic growth with competitive salaries

    Fuel economic growth with competitive salaries

    News by Editorial Team 24 Feb 2020

    According to the research from the University of California San Diego (UCSD) and Thermo Fisher Scientific, competitive ‘winner-takes-all’ pay was one of the most effective means to spur the creativity that would help fuel economic growth. The research, which had UCSD professors partnered with the biotech company, revealed that findings were significant because the “21st-century economy is one that prizes novelty. Firms view it as an important source of comparative advantage.”

     

    read more at HRDIVE

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