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  • MORE WOMEN ARE BEING HIRED IN CYBERSECURITY BUT PAY-DISPARITY CONTINUES

    MORE WOMEN ARE BEING HIRED IN CYBERSECURITY BUT PAY-DISPARITY CONTINUES

    News by Editorial Team 04 Apr 2019

    A report from the non-profit association of cybersecurity professional’s states that 1/3rd of cybersecurity workforce now comprises of women. More women are joining cybersecurity with the majority of them being millennials. The grim side of the trend shows ongoing pay-disparity with 17% of women earning between $50,000 and $90,000 in comparison with 29% of their male counterparts and 16% of women earning $100,000 and above in comparison with 20% of men. Demand for cybersecurity professionals has increased as more and more companies seek to secure their systems under ongoing cyber threats. A report from the Financial Services Information Sharing and Analysis centre confirmed this trend saying that business leaders are taking cyber security training on priority now.

     

    read more at HRDIVE
  • SEARS OUT FROM FIRE AND STRAIGHT INTO A FIRE PAN WITH LAMPERT AT ITS DRIVING WHEEL

    SEARS OUT FROM FIRE AND STRAIGHT INTO A FIRE PAN WITH LAMPERT AT ITS DRIVING WHEEL

    News by Editorial Team 04 Apr 2019

    Things don’t seem to improve any soon for Sears employees. They are left high and dry with the new CEO, Eddie Lampert’s bizarre and insensitive policies like cuts in life insurance policy benefits for the company’s retired employees. The number of these employees can go up to 90,000. Though the news has not been officially confirmed yet internal employees have confirmed its authenticity. An anonymous employee divulged that they are being asked to sign an “arbitration agreement” which limits their actions if their jobs are eliminated. 

     

    read more at Forbes
  • GOOGLE PLANS HEALTHCARE AND PAID PARENTAL LEAVE FOR CONTRACTORS

    GOOGLE PLANS HEALTHCARE AND PAID PARENTAL LEAVE FOR CONTRACTORS

    News by Editorial Team 03 Apr 2019

    Google will start equal benefits for all, thanks to months of activism by the staff and contractors. More than half of the people working in Google are contractual staff and it’s high time that the company focusses on equal health benefits, parental leave and other benefits for all. The move also ensures $15 minimum wages and a $5,000 a year for education. The benefits package will be applicable to contractors, part-time workers, and vendors have known internally as TVC. The top priority is the healthcare package that covers preventive and wellness services, hospitalization, prescription drugs, labor and delivery, rehabilitation and emergency services among others.

     

    read more at Bloomberg
  • HIGHLY AUTOMATED WORKPLACES FOSTER EMPLOYEE CREATIVITY AND UPSKILLING

    HIGHLY AUTOMATED WORKPLACES FOSTER EMPLOYEE CREATIVITY AND UPSKILLING

    News by Editorial Team 03 Apr 2019

    Automation is good for creativity, says a report by ServiceNow, a cloud computing company 80% of employees in automated workplace believe that highly automated workflows increase their productivity, which is contrasting to the 59% of a similar claim by employees in a highly manual workflow. 83% of employees in highly automated companies say that they are eager to learn new skills. The same number dips to 70% for manual organizations. However, just 7% of employees claim their workplace to be either highly automated or highly manual and 45% of them claimed their workflow as “technology enabled.” 

     

    read more at HRDIVE
  • HARLEY-DAVIDSON WORKERS NEED MORE JOB SECURITY, REJECT LABOR CONTRACT

    HARLEY-DAVIDSON WORKERS NEED MORE JOB SECURITY, REJECT LABOR CONTRACT

    News by Editorial Team 03 Apr 2019

    Harley Davidson came up with a proposal for a five-year contract in the wake of the expiry of the seven-year contract only to be rejected by their Milwaukee and Tomahawk, Wisconsin unit workers. The United Steelworkers (USW) union, representing the workers stated more than one non-financial issues like job security and temporary workers. Harley sees temporary workers as the company’s way of using flexibility to increase efficiency during peak demand months. The union, on the other hand, is opposed to the idea of temporary workers as a means of doing away with the permanent staff. The union is rooting for greater job security.

     

    read more at Reuters
  • GOOGLE EMPLOYEES OPPOSE THE SELECTION OF A RIGHTWING THINK-TANK LEADER IN ITS AI COUNCIL

    GOOGLE EMPLOYEES OPPOSE THE SELECTION OF A RIGHTWING THINK-TANK LEADER IN ITS AI COUNCIL

    News by Editorial Team 02 Apr 2019

    A group of Google employees, starting with a fifty and expanding to hundreds have called for the removal of Kay Coles James, the company’s new artificial intelligence development advisory council member. The reason the company’s employees issued and signed the letter containing words like “In selecting James, Google is making clear that its version of ‘ethics’ values proximity to power over the wellbeing of trans people, other LGBTQ people, and immigrants.” Is because of the Thinktank leader’s rather obvious rightwing inclinations. James has been previously known for fighting against trans rights and LGBT protections and favored President Donald Trump’s famous to an infamous proposed wall. Among the people who signed the letter were Joy Buolamwini, founder of the Algorithmic Justice League, Naomi Klein, author and Meredith Whittaker, cofounder AI Now Institute at NYU.

     

    read more at The Guardian
  • NEW YORK'S 'FEARLESS GIRL' MIGHT NOT BE THAT RESILIENT WHEN IT COMES TO BACKING GENDER DIVERSITY

    NEW YORK'S 'FEARLESS GIRL' MIGHT NOT BE THAT RESILIENT WHEN IT COMES TO BACKING GENDER DIVERSITY

    News by Editorial Team 02 Apr 2019

    New York has a quirky little-big statue of the “Fearless Girl” that awes and inspires many, State Street Corporation the firm behind it may have garnered $ 13 million in free publicity and more but its fund supporting gender diversity has looked in the opposite direction when it comes to promoting the mission it stands for. The latest research by Morningstar indicates that eight out of 10 times the firm faced shareholder resolutions related to its very own Gender Diversity Index ETF, called SHE between July 2015 and June 2018, they were either abstained or voted no. State Street sites the reason that shareholder resolutions, “(do) not tell the whole story” regarding its approach towards the issue. However, Madison Sargis, involved in Morningstar research says that “SHE” was the only one who voted against the resolution. SHE has companies like Coca-Cola, Home Depot, Starbucks and Mastercard in its portfolio and voted against an annual report on the gender pay gap at Aetna and against a report on gender pay equity at Mastercard among the others.

     

    read more at Fortune
  • HOW IBM TRANSFORMED HR FROM JUST COMPLIANCE TO AGILE COLLABORATOR

    HOW IBM TRANSFORMED HR FROM JUST COMPLIANCE TO AGILE COLLABORATOR

    News by Editorial Team 02 Apr 2019

    Disruption became the new norm for the 100-year-old tech giant called erstwhile as IBM and with it, it was time for the HR department to shed the old compliance wing image and get a brand new makeover. Carrie Altieri, vice president of communications for people and culture, IBM said, “We looked seriously at how the work of digital business actually gets done and recognized shifting to agile at scale was the change we needed to make.” The tech giant looked at an agile leadership that allowed teams to be dynamic, self-directed and assemble-dismantle with agility if and when the need arises. The transformation started in 2015 when the company started to redesign its performance management system to align with the new leadership model. IBM created a social-media wish list where 350,000 employees could suggest their desired transformation, removing the old review that took months and was conducted by an all-HR panel. They got employee feedback loop and higher accountability of managers for the process as an immediate result.

     

    read more at HRDIVE
  • CEOS THINK EMPATHY IS PRIMARY BUT FALL SHORT ON IMPLEMENTATION

    CEOS THINK EMPATHY IS PRIMARY BUT FALL SHORT ON IMPLEMENTATION

    News by Editorial Team 01 Apr 2019

    The good news is that 91% of the CEOs see a direct relation between empathy and company’s financial performance, the bad news is that they are slow to implement empathy on themselves, says 2019 State of Workplace Empathy Study by Businesslover. The 1,850 professionals and executives strong survey further stated an “empathy gap” that came up as 92% CEOs believing their company to be empathetic, the contrast to 72% of employees actually agreeing to it. CEOs were found to be in introspective mood as 72% of them said that empathy must change in their organization, which is a 15-point increase since the last two years. Some of the areas of showing empathy were in the way of implementing several benefits program such as daycare, paid parental leave, flexible work hours and extended bereavement.

     

    read more at HRDIVE
  • MEN ARE MORE LIKELY TO TAKE THE LEAP FOR A HIGH PAYING JOB THAN WOMEN: GLASSDOOR STUDY

    MEN ARE MORE LIKELY TO TAKE THE LEAP FOR A HIGH PAYING JOB THAN WOMEN: GLASSDOOR STUDY

    News by Editorial Team 01 Apr 2019

    Glassdoor found a “salary confidence gap” infesting on the already existing gender-pay gap. The new study by Glassdoor Economic Research found out that men are “more self-confident in the workplace than women” that lets them apply for jobs with base salaries averaging $13,635 more than the ones applied by women creating a salary pay gap of 18.3%. However, if you see the gap between men and women of similar age, education and years of experience the gap closes to 16.9%. The gap closes dramatically to 3.90% if you compare men and women in the same industry, occupation, state, and firm size. The gap almost vanishes to 1.20% and 0.70% when you compare men and women with similar job titles and current salary. The gender pay gap is narrowing and in the U.S the adjusted pay gap in the U.S. fell from 6.5% in 2011 to 4.6% in 2018. However, going by the current rate it will be 2070 before the pay gap closes completely.

     

    read more at HRDIVE
  • AUDI AND FORBES COME TOGETHER TO INSPIRE FUTURE WOMEN LEADERS IN STEM

    AUDI AND FORBES COME TOGETHER TO INSPIRE FUTURE WOMEN LEADERS IN STEM

    News by Editorial Team 01 Apr 2019

    The news is not so much about women in STEM than it is about lack of women representation in Science, Technology, Engineering, and Mathematics. With women increasingly becoming the part of the workforce for over a century now, the lack of women names who inspire in STEM is a matter of concern. Audi in America with Forbes came up with “Idea Incubator” a program that inspires future STEM leaders to solve future problems through a STEM lens. The program had women students from the New York University Tandon School of Engineering to design the impact electric cars will have on urban mobility and the winning team walked away with a combined $50,000 scholarship towards their studies by “Audi Drive Progress Grant.”

     

    read more at Forbes
  • CANADA AUTO INDUSTRY SEES TOUGH DAYS AHEAD AS FIAT CUTS 1,500 JOBS

    CANADA AUTO INDUSTRY SEES TOUGH DAYS AHEAD AS FIAT CUTS 1,500 JOBS

    News by Editorial Team 29 Mar 2019

    Fiat Chrysler Automobiles NV plans to eliminate its third shift in its Windsor, Ontario assembly plant, resulting in 1,500 job cuts in Canada. The reason cited behind this large scaling down is dwindling minivan sales. The company produces Chrysler Pacifica and Dodge Grand Caravan minivans and employs over 6,100 employees. This comes as a second major blow to the Canadian auto industry after General Motors Co made it official that it had no future product planned for its Oshawa, Ontario assembly plant employing 2,600 workers. The GM plant may shut down after half a century of operations after they shut the door for Impala, Chevrolet, and Cadillac XTS Sedan.

     

    read more at Bloomberg
  • CANADA AUTO INDUSTRY SEES TOUGH DAYS AHEAD AS FIAT CUTS 1,500 JOBS

    CANADA AUTO INDUSTRY SEES TOUGH DAYS AHEAD AS FIAT CUTS 1,500 JOBS

    News by Editorial Team 29 Mar 2019

    Fiat Chrysler Automobiles NV plans to eliminate its third shift in its Windsor, Ontario assembly plant, resulting in 1,500 job cuts in Canada. The reason cited behind this large scaling down is dwindling minivan sales. The company produces Chrysler Pacifica and Dodge Grand Caravan minivans and employs over 6,100 employees. This comes as a second major blow to the Canadian auto industry after General Motors Co made it official that it had no future product planned for its Oshawa, Ontario assembly plant employing 2,600 workers. The GM plant may shut down after half a century of operations after they shut the door for Impala, Chevrolet, and Cadillac XTS Sedan.

     

    read more at Bloomberg
  • AMERICAN EMPLOYERS ARE PREFERRING MORE PHD CANDIDATES THAN EVER

    AMERICAN EMPLOYERS ARE PREFERRING MORE PHD CANDIDATES THAN EVER

    News by Editorial Team 29 Mar 2019

    Companies are hiring more PhDs for jobs primarily there are more of them eager to enter the industry. Salaries for at least some of these talented and highly qualified individuals are on a steady rise. Artificial-intelligence researchers, for instance, can earn more than $1 million a year. The salary bloom is despite the increased number of talent pouring in and mechanical, electrical and software engineers are also reaping substantial benefits. Technical skills or people who “tell computers what to do” are on high demand and a similar trend is seen in the case of finance professionals.  A Google search for tech industry positions reveals that companies now are looking for most advanced degrees.

     

    read more at Bloomberg
  • H&M DEPLOYS TEAM-FOCUSED BRANDING EXERCISE TO ATTRACT THE BEST IN RETAIL

    H&M DEPLOYS TEAM-FOCUSED BRANDING EXERCISE TO ATTRACT THE BEST IN RETAIL

    News by Editorial Team 29 Mar 2019

    H&M is looking to hire “the best in retail talent” and are launching a new campaign focusing on “we are one team” core value of the company. At the heart of the campaign are H&M employees across the U.S., who like the company believes play the biggest role in business’ success. The branding campaign comes close to the heels of November benefits offering announcement that includes a weekly schedule commitment, assuring minimum 12 hours of work per week for part-timers from March through December. The benefits offer also includes a mobile scheduling app that allows workers to be more flexible with work shift swapping and management.

     

    read more at HRDIVE
  • MARRIOTT BRINGS TO TABLE ITS RECIPE OF A PEOPLE CENTRIC CULTURE

    MARRIOTT BRINGS TO TABLE ITS RECIPE OF A PEOPLE CENTRIC CULTURE

    News by Editorial Team 28 Mar 2019

    Leaders are not having the best of days as a glaring 65% of employees are ready to forego pay hike to see their leader fired, remarked Rasmus Hougaard, managing director of Potential Project citing a Forbes survey. At Workhuman 2019 conference Hougaard further called upon enhanced employee engagement and “people are just going to find somewhere else.” David Rodriguez, executive vice president, and global CHRO Mariott said giving leadership back to employees made it to be one of the foremost companies on Fortune’s 2019 Best Big Companies to Work For and 31st overall. Marriott has five-pronged core values when it comes to creating an organizational culture – Put people first, pursue excellence, embrace change, act with integrity, serve our world.

     

    read more at HRDIVE
  • MORE FEMALE PILOTS ON BOARD DID NOT HELP THE INCREASING GENDER PAY GAP AT EASYJET

    MORE FEMALE PILOTS ON BOARD DID NOT HELP THE INCREASING GENDER PAY GAP AT EASYJET

    News by Editorial Team 28 Mar 2019

    EasyJet Plc took a flight towards gender equality and hired more women in the cockpit with the proportion of 5%, but the move does not erase the pay disparity that continues to rise. The male employees of the air carrier got 54.1 percent more than their female counterparts in 2018, an increase from last year’s 51.7 percent. Airlines suffer from a chasm of pay between its male and female employees as women acquire low paying jobs like cabin crew and ground staff, while the high flying jobs of pilot go to men. In EasyJet’s case, it will be 71% of the low paying jobs being filled by women.

     

    read more at Bloomberg
  • REORGANIZATION ON MIND WARNER MEDIA PROPOSES TO BUYOUT TURNER VETERANS

    REORGANIZATION ON MIND WARNER MEDIA PROPOSES TO BUYOUT TURNER VETERANS

    News by Editorial Team 28 Mar 2019

    Warner Media’s buyout offer for the veterans of Turner employees comes as a part of the reorganization of this AT&T owned media giant. The company is extending an offer of early-retirement packages to workers who are 55 years or older with 10 years of service under their belt. The staff reduction does not come as a surprise as it was doing rounds since the division of Turner employees among many Warner Media units. AT&T has a long-term debt of about $170 billion and cutting that down seems to be the top priority as per Randall Stephenson, The Chief Executive Officer of the group that spent $85 billion to acquire Time Warner Inc.

     

  • THE GIVING MARKETPLACE IS FIDELITY'S BRAND NEW MOVE TOWARDS PHILANTHROPY

    THE GIVING MARKETPLACE IS FIDELITY'S BRAND NEW MOVE TOWARDS PHILANTHROPY

    News by Editorial Team 27 Mar 2019

    Fidelity Investments, the mutual health giant is hoping on the charitable train that led United Way and Salesforce offer employers and their philanthropic employees the Philanthropy Ground. The workplace giving platform is a joint effort by Fidelity workplace investing and Fidelity Charitable and is coined the Giving Marketplace. It is aimed to promote small- charities, as opposed to the tax benefit, backed bigger and more generous charities that Fidelity Charitable, the firm’s charitable arm that runs donor-advised fund business. Their pitch to employers is “Giving is part of your employees’ DNA” and is essentially meant for the masses. The employees just have to log in and select which charity they want to donate with a minimum amount of $25. There is no separate account and the donation is made via credit card, bank draft, and payroll with WePay payment processor operating behind the scenes.

     

    read more at Forbes
  • PERFORMANCE-BASED PAY MAY TRIGGER ANXIETY AND DEPRESSION IN EMPLOYEES

    PERFORMANCE-BASED PAY MAY TRIGGER ANXIETY AND DEPRESSION IN EMPLOYEES

    News by Editorial Team 27 Mar 2019

    Performance-based pay has long been a booster of employee productivity, but a recent study by researchers at Washington University in St. Louis and Aarhus University in Denmark found that it may also up employees chances of profound mental health issues. The study found out that about 70% of the global workforce receives performance-based pay of one or the other kind, be it commissions, bonuses, profit sharing or goal achievement incentives. The study found a 5.4% increase in the probability of taking medications to combat anxiety and depression where performance-based pay was involved. The study co-author opined that there is more than what looks to the eyes and “this is the tip of the iceberg, and we don’t know how deep that iceberg goes beneath.”

     

    read more at HRDIVE

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