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  • Virtual recruitment strategies gain favor amid pandemic!

    Virtual recruitment strategies gain favor amid pandemic!

    News by Editorial Team 12 Oct 2020

    In a recent survey carried out by the firm Robert Half, it was revealed that virtual hiring strategies have gained widespread favor during the COVID-19 pandemic. According to the survey about 75% of the senior managers who were surveyed revealed that their companies conducted remote interviews and onboarding sessions during the pandemic. The survey also stated that more than 60% of these practices were implemented only since the pandemic had hit the world.

     

    read more at HRDIVE
  • No healthcare cost shifts in 2021: Mercer!

    No healthcare cost shifts in 2021: Mercer!

    News by Editorial Team 09 Oct 2020

    According to the recent survey carried out by the HR consulting firm Mercer, revealed that more than half of employers would not make cost-shifting changes like raising deductibles or copays to their healthcare benefit plans in 2021. The survey revealed that on average, respondents were expecting healthcare benefit cost increases of 4.4% in 2021, which will be slightly higher than estimates predicted in the last year’s survey.

     

    read more at HRDIVE
  • Jobless claims are worse than expected amid recruitment slowdown!

    Jobless claims are worse than expected amid recruitment slowdown!

    News by Editorial Team 09 Oct 2020

    In a recent development related to the jobless claims, the first-time claims for unemployment benefits that added up to 840,000 as compared to the last week, which was the higher than the 825,000 Wall Street estimate. The claims have remained over 800,000 every week since mid-March. 

     

    read more at CNBC
  • US railroad Amtrak to cut additional 2,400 jobs with no new bailout!

    US railroad Amtrak to cut additional 2,400 jobs with no new bailout!

    News by Editorial Team 09 Oct 2020

    In a recent announcement made by the US passenger railroad Amtrak it was found that in the absence of a new government bailout it can be forced to cut additional train service and cut spending that can further lead to the loss of additional 2,400 jobs. In its announcement, Amtrak has revealed that it needs up to $4.9 billion in government funding for the current budget year, which is up from the typical $2 billion in annual support.

     

    read more at Reuters
  • Adidas appoints new HR chief amid racial row

    Adidas appoints new HR chief amid racial row

    News by Editorial Team 08 Oct 2020

    In a recent development, Adidas appointed Amanda Rajkumar, as its new head of human resources post the employee complaints over racism at the German sportswear company led to Karen Parkin’s departure in June. Parkin had stepped down as HR chief after some employees had called for an investigation over her handling of racism at the organization.

     

    read more at Reuters
  • California employers to report pay data in 2021!

    California employers to report pay data in 2021!

    News by Editorial Team 08 Oct 2020

    According to a law signed by Gov. Gavin Newsome, private California employers are required to file an EEO-1 report with the US Equal Employment Opportunity Commission should also submit a pay data report to the state’s Department of Fair Employment and Housing either on or before 31 March, 2021. The law mandated that every employer filing a report that should include the number of employees from the previous calendar year.

     

    read more at HRDIVE
  • EU lawmakers write to Amazon boss to seek clearance on spy issue!

    EU lawmakers write to Amazon boss to seek clearance on spy issue!

    News by Editorial Team 08 Oct 2020

    In a recent incident, members of the European Parliament have written to Jeff Bezos – Amazon boss – asking him if his organization is hiring intelligence agents to spy on politicians, trade unionists, and staff members. The letter has come after Amazon deleted two job postings for ‘intelligence analysts,’ ideally with French and Spanish skills. According to the job postings, the jobs involved monitor various threats perceived by Amazon.

     

    read more at CNBC
  • Companies reimagine future of work amid pandemic induced transition!

    Companies reimagine future of work amid pandemic induced transition!

    News by Editorial Team 07 Oct 2020

    According to the recent McKinsey & Co. global survey it was revealed that organizations like Cisco have been reimagining the future of work considering the move toward a more remote workforce during the coronavirus pandemic. The report predicts that by 2025 more employees will be working on a hybrid work schedule, in addition, AI and machine learning will transform hiring and innovation teams will be more global. 

     

    read more at CNBC
  • Employers 'responsible' for financial wellness of workforce!

    Employers 'responsible' for financial wellness of workforce!

    News by Editorial Team 07 Oct 2020

    In a recent report shared by Bank of America dated 24 Sept, 2020, it was revealed that more than half about 62% of employers feel ‘extremely’ responsible for employees’ financial wellness, as compared to 13% in 2013. The report that was titled Workplace Benefits Report and was based on the survey of 996 employees and 808 employers. According to the report, the employers also feel responsible for employees’ retirement healthcare needs and costs.

     

    read more at HRDIVE
  • Extra $600 unemployment benefits hung in the air as no common ground found!

    Extra $600 unemployment benefits hung in the air as no common ground found!

    News by Editorial Team 07 Oct 2020

    Democrats and Republicans still not able to find a common ground on enhanced unemployment benefits – this is more than two months after the initial job benefits expired. House Democrats had passed about $2.2 trillion measure last week, which would have extended a $600 weekly unemployment supplement through January.

     

    read more at CNBC
  • Capital Grille faces racial discrimination lawsuit!

    Capital Grille faces racial discrimination lawsuit!

    News by Editorial Team 06 Oct 2020

    Capital Grille in Washington DC is facing lawsuit filed by a server who alleged racial discrimination. The lawsuit was filed with the US Equal Employment Opportunity Commission (EEOC) against Darden Restaurants. According to the charge the chain’s operator, indulged in racial discrimination by holding the non-white workers to a higher workplace standard as compared to their Caucasian counterparts and assigning them to section 8 of the restaurant.

     

    read more at HRDIVE
  • Southwest Airlines seeks unions' agreement for pay cuts to prevent layoffs!

    Southwest Airlines seeks unions' agreement for pay cuts to prevent layoffs!

    News by Editorial Team 06 Oct 2020

    In order to prevent furloughs and layoffs, Southwest Airlines on Monday announced that it has asked unions to agree to pay cuts through 2021, as the industry struggles to stem losses from the global pandemic in the absence of more federal aid. About 83% of roughly 61,000 Southwest employees is represented by unions. The airline also announced 10% cut for non-union staff until 1 Jan, 2022, hopefully when the normal services will be resumed.

     

    read more at Reuters
  • Work-from-home moms bear parenting brunt amid pandemic: Survey!

    Work-from-home moms bear parenting brunt amid pandemic: Survey!

    News by Editorial Team 06 Oct 2020

    According to the recent study published on the state of working parents by Cleo on 24 Sept, 2020, it was found that working parents lose significant amount of time during work hours, experience increased stress, and make adjustments to their schedules. The study also noted that women shoulder a larger amount of responsibility for caregiving. The study also pointed that women lose about 49% more time as compared to men and about 61% of women admitted that they felt responsible for the majority of caregiving in their partnership. 

     

    read more at HRDIVE
  • Indiana Subway violates Americans with Disabilities Act!

    Indiana Subway violates Americans with Disabilities Act!

    News by Editorial Team 05 Oct 2020

    According to the lawsuit filed by the US Equal Employment Opportunity Commission (EEOC) dated 23 Sept, 2020, it was revealed that an Indiana Subway franchisee had violated the Americans with Disabilities Act (ADA) when it refused to recruit an applicant with a hearing impairment. The lawsuit alleged that Ranrae Inc. – the company that owns and operates the store in Bloomington, Indiana had refused to hire the qualified applicant for one of the positions because of the applicant’s ‘hearing’ and ‘speaking’ concerns. The lawsuit had requested back pay, compensatory and punitive damages, and a permanent injunction to curtail future recruitment discriminations.

     

    read more at HRDIVE
  • UnitedHealth, Express Scripts resolve ERISA claims over EpiPen!

    UnitedHealth, Express Scripts resolve ERISA claims over EpiPen!

    News by Editorial Team 05 Oct 2020

    In a recent lawsuit settlement claims, UnitedHealth Group Inc and Express Scripts Holdings have resolved the lawsuits that claimed that their pursuit of rebates and other discounts on the allergy injection EpiPen have increased the prices of medication. This in turn has violated the fiduciary duties under the federal Employee Retirement Income Security Act.

     

    read more at Reuters
  • US job recovery loses momentum as recruitment slows down!

    US job recovery loses momentum as recruitment slows down!

    News by Editorial Team 05 Oct 2020

    In the final jobs report before the November elections, the Labor Department revealed that nonfarm payrolls had risen by a lower than expected 661,000 in September and the unemployment rate was about 7.9%. According to the report economists who were surveyed by Dow Jones had been expecting a gain of 800,000 in payrolls and with the drop in the unemployment rate to 8.2% from 8.4% in August. The payrolls miss is cited largely to a drop in government hiring with at-home schooling continued.

     

    read more at CNBC
  • Employers' mental health concerns heightened at start of school year!

    Employers' mental health concerns heightened at start of school year!

    News by Editorial Team 01 Oct 2020

    According to the report released by Unum – the employee benefits provider – it was revealed that numerous employers were concerned about the mental health of their employees amid the pandemic. However, these concerns were increased with the beginning of the school year. The report was released on 21 Sept, 2020 and it explored challenges facing employers and how the use of accommodations can support employees. 

     

    read more at HRDIVE
  • Airlines to slash 30,000 more jobs as federal aid ends on Sept. 30!

    Airlines to slash 30,000 more jobs as federal aid ends on Sept. 30!

    News by Editorial Team 01 Oct 2020

    The rippling effects of pandemic are felt by the US Airlines. The federal airlines aid ending on Sept. 30, the airlines are preparing for 30,000 more job cuts. Airline executives of top-notch US airlines including CEOs of American, United, Southwest and JetBlue have been trying their best to persuade both lawmakers and Trump officials to provide additional aid to avoid job cuts but to no avail. The terms of $25 billion in federal airline aid prohibited job cuts until Oct 1, 2020.

     

    read more at CNBC
  • Pandemic accelerates blended 'workplace trend'

    Pandemic accelerates blended 'workplace trend'

    News by Editorial Team 01 Oct 2020

    In a recent report published by Harvard Business Review Analytics Services and sponsored by Verizon, it was found that the pandemic has accelerated digital transformation at numerous organizations. This in turn has created a need to blend virtual work and the work that required an employee to be physically present at the office. The report featuring about 1,080 global business leaders stated that about 86% of respondents agreed with the statement – "the digital workplace must coexist with the physical workplace for the foreseeable future."

     

    read more at HRDIVE
  • Disney lays off about 28,000 employees amid coronavirus crisis!

    Disney lays off about 28,000 employees amid coronavirus crisis!

    News by Editorial Team 30 Sep 2020

    The effects of global pandemic are visible not only on travel industry but also on the theme parks. The forced prolong closures at Disney’s California-based theme parks and limited attendance at the parks that were open to the public has made the company to take some tough decisions. The decision included laying off 28,000 employees across its various parks, experiences, and consumer products division. While Disney had been able to open its theme parks in Florida, Paris, Shanghai, Japan, and Hong Kong, California-based theme parks have remained shut throughout the lockdown.

     

    read more at CNBC

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