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  • MILLENNIAL EMPLOYEES VALUE ENGAGEMENT MORE THAN MONEY

    MILLENNIAL EMPLOYEES VALUE ENGAGEMENT MORE THAN MONEY

    News by Editorial Team 31 Oct 2019

    The last few years saw traditional workplace norms crumble under new workforce expectations. Millennials expect employer benefits that match their values. A study from Globo force’s Work Human Research Institute and IBM’s Smarter Workforce Institute said the organization’s shared mission for employees’ work engagement is the single largest contributor to positive employee experience, HR Dive reports.

     

    read more at HRDIVE
  • CREATING AN INCLUSIVE WORKPLACE BOOSTS BUSINESS PROFIT

    CREATING AN INCLUSIVE WORKPLACE BOOSTS BUSINESS PROFIT

    News by Editorial Team 30 Oct 2019

    An inclusive workplace enables organizations to embrace diversity and value individual and group differences, reports HR Dive. In another study, Accenture revealed that businesses maintaining inclusive workforces outperformed competitors and delivered high shareholder returns. To achieve a greater talent pool, leaders must establish a baseline to access workplace culture while assuring accessibility standards for employees with disabilities.

     

    read more at HRDIVE
  • EMPLOYERS OFFER STUDENT LOAN REPAYMENT ASSISTANCE FOR THEIR WORK FORCE

    EMPLOYERS OFFER STUDENT LOAN REPAYMENT ASSISTANCE FOR THEIR WORK FORCE

    News by Editorial Team 30 Oct 2019

    In 2019, a small yet growing number of employers stepped in to help the young workforce with their student loan repayments.  The move is cited as a new pitch to attract a talented workforce who are bogged down with financial burden that stunts their career growth.  Further, they acknowledge that this program proved as an effective recruitment and retention tool to attract the best-educated talent.  Keeping employees happy is imperative, and this effort fosters meaningful relationships between employers and employees.

     

    read more at Fortune
  • DISNEY VIOLATES CALIFORNIA'S EPA: UNDERPAYS FEMALE EMPLOYEES

    DISNEY VIOLATES CALIFORNIA'S EPA: UNDERPAYS FEMALE EMPLOYEES

    News by Editorial Team 30 Oct 2019

    According to a class-action lawsuit, the Walt Disney Company violates California’s Equal Pay Act and pays its women workers far less as compared to their male counterparts for the same job.  Moreover, it excludes female employees for promotion, gives more work without extra compensation, and demotivates them at their jobs. The court filing represents an expansion of existing gender pay gap claims at Disney. Disney, on the other hand, seeks to have the claims decided at an individual level, Fast Company Reports. 

     

    read more at HRDIVE
  • FACEBOOK WORKERS DENOUNCE ZUCKERBERG'S NEW POLICY ON AD POSTS

    FACEBOOK WORKERS DENOUNCE ZUCKERBERG'S NEW POLICY ON AD POSTS

    News by Editorial Team 29 Oct 2019

    Facebook workers denounced Mark Zuckerberg’s decision to allow politicians to post advertisements without fact-checking on their social channels. Previously, the social network had banned ads containing ‘false content’, but later waived the policy for politicians. This fueled the employees who spoke out against the policy by signing a letter and posting it on an internal communication message board. 

     

    read more at The Guardian
  • WFD ADDRESSES GAPS IN INCLUSION POLICIES

    WFD ADDRESSES GAPS IN INCLUSION POLICIES

    News by Editorial Team 29 Oct 2019

    A WFD research says employers must provide inclusive benefits to their employees. They must establish policies and practices to avoid a one-size-fits-all approach to gender identity and, must create cultural competence training and scale performance on merit. The findings reflect the opinions of employers, workers, parents of trans and nonbinary children, and gender identity experts, HR Dive reports. 

     

    read more at HRDIVE
  • EEOC DISQUALIFIES ABSENT EMPLOYEE FROM ADA

    EEOC DISQUALIFIES ABSENT EMPLOYEE FROM ADA

    News by Editorial Team 29 Oct 2019

    The U.S. Equal Employment Opportunity Commission’s (EEOC) has ruled against a disabled employee’s plea for extended flexibility under the Americans with Disabilities Act's (ADA). ADA mandates employers to accommodate workers with disabilities, however, it doesn't cover any essential function to be removed. In person-attendance, regardless of disability, remains a fact-specific question.

     

    read more at HRDIVE
  • TARGET CUTS WORK HOURS

    TARGET CUTS WORK HOURS

    News by Editorial Team 25 Oct 2019

    Target employees work more hours than they did three years ago as the company is transitioning to USD 15-an-hour minimum wage, the company said in a statement. Reportedly, the company cut average work hours to 15 hours from 30 to 40 hours. Employees who average 30 hours of work per week are eligible for Target’s health insurance benefits, HR Dive reports.

     

    read more at HRDIVE
  • CITIGROUP NAMES JANE FRASER AS PRESIDENT

    CITIGROUP NAMES JANE FRASER AS PRESIDENT

    News by Editorial Team 25 Oct 2019

    Citigroup Inc. has promoted Jane Fraser to head of its global consumer bank and president, Reuters reported. This puts Fraser in a position to become the first female chief executive of the U.S. bank. Fraser is succeeding Stephen Bird as the head of the consumer business, the company said in a statement. The president’s position has been vacant since last year.

     

    read more at Reuters
  • MILLENNIALS WANT AUTONOMY IN WORK

    MILLENNIALS WANT AUTONOMY IN WORK

    News by Editorial Team 25 Oct 2019

    Millennial employees want flexible work hours and ownership of their schedules and this trend is expected to grow. “We’re fundamentally shifting towards, as a culture, is the place where you want to have autonomy over your skillset, how you apply it, how you work, and how you earn,” Alexa Von Tobel, founder and managing partner of Inspired Capital says.

     

    read more at Fortune
  • UK EMPLOYERS PLAN TO DWARF PAY RISES

    UK EMPLOYERS PLAN TO DWARF PAY RISES

    News by Editorial Team 24 Oct 2019

    British employers plan to scale back their pay rises for staff next year, an industry survey says. Employers are expected to offer a 2.1 % annual pay settlement between now and the end of August 2020. In the past 12 months, this extended to 2.5%. Average wage growth increased to 3.9% before slowing down in August. Unemployment is close to 3.9%.

     

    read more at Reuters
  •  EMPLOYERS RETHINK BIWEEKLY PAY

    EMPLOYERS RETHINK BIWEEKLY PAY

    News by Editorial Team 24 Oct 2019

    Recruiting firm Career Builder showed 78% of the U.S. workers live paycheck to paycheck to make ends meet. The survey found 28% of workers making between USD50,000 and USD99,000 per year ‘usually or always’ live paycheck to paycheck. 9% of workers with incomes of USD100,000 per year or more do the same. This has led employers to scrutinize the biweekly pay period.

     

    read more at HRDIVE
  •  WORKERS WANT ACCEPTING CULTURE FOR MENTAL HEALTH ISSUES

    WORKERS WANT ACCEPTING CULTURE FOR MENTAL HEALTH ISSUES

    News by Editorial Team 24 Oct 2019

    A study conducted by Mind Share, SAP and Qualtrics, among 1,500 workers found that less than half of employees feel mental health is a priority at their companies. 86% of workers feel companies should support mental health culturally. Less than half of respondents found discussions at work around mental health are positive. Most workers feel their managers can spot mental health issues.

     

    read more at HRDIVE
  • WEWORK STAFF OUTRAGES AGAINST CEO'S PAYOUT

    WEWORK STAFF OUTRAGES AGAINST CEO'S PAYOUT

    News by Editorial Team 23 Oct 2019

    Adam Neumann, Founder, WeWork, will get as much as $200 million while thousands of workers are on the verge of losing their jobs, reports Bloomberg. Softbank, the Japanese VC, will invest $6.5 billion and secure as much as 80 percent in the company, helping it stay afloat during its financial crisis. WeWork employees are showing signs of outrage against Neumann’s payout.  

     

    read more at Bloomberg
  • COMPANIES ARE REQUIRED TO TRAIN WORKERS

    COMPANIES ARE REQUIRED TO TRAIN WORKERS

    News by Editorial Team 23 Oct 2019

    Increasing digital transformation will require companies to train workers, suggests HR Dive. “New World, New Skills”, THE PwC training initiative backed by a $3 billion investment, aims to upskill its workforce for the future. Businesses should consider the fear and anxiety of being left behind among employees and the impact of income inequality due to this. People’s development is their responsibility, and access to learning can be offered by companies.

     

    read more at HRDIVE
  • NIKE'S CHIEF EXECUTIVE OFFICER STEPS DOWN

    NIKE'S CHIEF EXECUTIVE OFFICER STEPS DOWN

    News by Editorial Team 23 Oct 2019

    Nike’s Chief Executive Officer Mark Parker will step down from his position and continue as Executive Chairman, said Nike on Tuesday. Parker will be succeeded by former eBay CEO and Nike board member John Donahoe. Kevin Plank, founder, and CEO, Under Armour, another athletic company, had announced his departure from his chief executive position. Nike’s sales increased and its stock soared during Parker’s time.

     

    read more at Fortune
  • JP MORGAN TO HIRE PEOPLE WITH CRIMINAL BACKGROUNDS

    JP MORGAN TO HIRE PEOPLE WITH CRIMINAL BACKGROUNDS

    News by Editorial Team 22 Oct 2019

    On Monday, JP Morgan Chase announced the expansion of its efforts to hire people with criminal backgrounds. In 2018, the company hired 2,100 people with criminal records. Applicants with criminal backgrounds are considered for entry-level jobs, the company says. Since 2000, ‘Banning the box’, a move that eradicates asking questions related to the criminal background from job applications has been going on. 

     

    read more at Forbes
  • TALENT IS KEY FOR SUCCESSFUL AI STRATEGIES

    TALENT IS KEY FOR SUCCESSFUL AI STRATEGIES

    News by Editorial Team 22 Oct 2019

    A study released by MIT Sloan Management Review and Boston Consulting Group’s BCG GAMMA and BCG Henderson Institute says companies that report value gain from adopting artificial intelligence recognize that investment in talent is required. The demand for talent in AI skills has risen steadily in the past few years. Between January and September 2018, job openings increased by 63%, according to CompTIA.

     

    read more at HRDIVE
  •  U.S BANCORP TO CUT OFF THOUSANDS OF WORKERS

    U.S BANCORP TO CUT OFF THOUSANDS OF WORKERS

    News by Editorial Team 22 Oct 2019

    Chief Executive Officer Andy Cecere, U.S Bancorp, in a memo said, the company had “made the difficult decision to eliminate their jobs because customer behaviors have changed”, Bloomberg reported. The job cuts will amount to less than 2% of the company’s workforce. The job cuts, however, won’t lead the bank’s 3,700 branches to close. 

     

    read more at Bloomberg
  • MEXICAN GRILL EXPANDS EDUCATION BENEFITS

    MEXICAN GRILL EXPANDS EDUCATION BENEFITS

    News by Editorial Team 18 Oct 2019

    Chipotle Mexican Grill employees can now pursue business and tech degrees for free, under the company’s education benefit program. Debt-free degree benefits will give workers a chance to gain the skills and knowledge needed for next-gen jobs, the company said. Chipotle pays 100% of the tuition for 75 types of business and tech degrees.

     

    read more at HRDIVE

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