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  • UNION BACKED MEXICO WALMART WORKERS INTEND TO GO ON STRIKE IF DEMANDS ARE NOT MET

    UNION BACKED MEXICO WALMART WORKERS INTEND TO GO ON STRIKE IF DEMANDS ARE NOT MET

    News by Editorial Team 26 Feb 2019

    The National Association of Trade and Home Offices, the union that holds 121 collective bargaining contracts with Walmart in Mexico (Wal Mart de Mexico) or Walmex said it might go on strike, starting next month if the salary hike demands are not met. The union that represents 8,000 Walmart workers has demanded a 20% rise from its 2018 compensation structure, echoing the recent daily minimum wage increase of 16% under the new Mexican government. The union wants to come up with a sales incentive for the clerks, the first-ever structure of its kind in the country. The union has also brought forward allegations of under compensation for overtime, abuses and sexual harassment against the retail giant’s operations in Mexico.

     

    read more at Reuters
  • AMAZON INTENDS TO OFFER 1000 PLUS APPRENTICESHIP IN BRITAIN

    AMAZON INTENDS TO OFFER 1000 PLUS APPRENTICESHIP IN BRITAIN

    News by Editorial Team 26 Feb 2019

    British retailers may be shying away from making any big investments with Brexit almost knocking at the door, but Amazon, the e-commerce giant seems to think otherwise. The online retailer will create 1,000 apprentice jobs in the coming two years and intends to add them to the 27,500 permanent positions in the country. The group seems to be committed to investing in the country and 2018 saw it create 2,500 jobs in Britain. The apprentice once qualified will be deputed across Amazon’s UK corporate and operations site that includes UK head office at London and development centers in Cambridge, Edinburgh working on Alexa, Prime Video, Prime Air and other innovations like Amazon’s advanced distribution centers. 

     

    read more at Reuters
  • SOCIETE GENERALE, THE FRENCH BANK MIGHT CUT DOWN 1500 JOBS SAYS NATIONAL NEWSPAPER

    SOCIETE GENERALE, THE FRENCH BANK MIGHT CUT DOWN 1500 JOBS SAYS NATIONAL NEWSPAPER

    News by Editorial Team 25 Feb 2019

    Societe Generale may lean down by 1500 investment bankers in a cost-cutting move. The bank is struggling with profitability and is under the investor’s radar to boost its revenues. The move if comes in effect will affect its French employees with 700 jobs in the line. The bank’s shares have lost 45% of their value in the last 12 months and the proposed cost saving of $567 million will be focused towards the restructuring investment banking. The proposed lay off is reported by the French Newspaper Le Figaro and will cut down the current workforce by 7.5%. The move comes after the bank lowered its targets on February 7 after a poor show last quarter.

     

    read more at Reuters
  • PAY DISPARITY REFUSES TO GIVE UP AS UK BANK CEOS GET 120 TIMES MORE THAN AN AVERAGE EMPLOYEE

    PAY DISPARITY REFUSES TO GIVE UP AS UK BANK CEOS GET 120 TIMES MORE THAN AN AVERAGE EMPLOYEE

    News by Editorial Team 25 Feb 2019

    Pay disparity has had many thought-provoking discussions under the sun, but most of it might be an exercise in futility as the top bosses of Britain’s banks receive on an average 120 times more than the median pay of UK employees in the bank. Lloyds Banking Group, the country’s biggest domestic lender is at the top of the disparity list with its CEO Antonio Horta-Osorio getting 169 times the median paid employee on $48,164. If you compare it to the bank’s lowest paying quartile, the gap increases to a whopping 237 times. And this is after the austerity measures that included pulling Horta-Osorio’s pay down from its 2017 6.4 million. The next in line of pay disparity is HSBC, Royal Bank of Scotland and Barclays.

     

    read more at Reuters
  • NISSAN FORMER CEO'S ARREST HAUNTS FOREIGN NATIONALS TAKING EXECUTIVE JOBS IN JAPAN

    NISSAN FORMER CEO'S ARREST HAUNTS FOREIGN NATIONALS TAKING EXECUTIVE JOBS IN JAPAN

    News by Editorial Team 25 Feb 2019

    The much talked about an arrest, indictments, and incarceration of Carlos Ghosn, former CEO, Nissan Motor Co. has rendered Japan business world unsure about foreigners in leadership. As Yumiko Ohta, a partner in Tokyo law firm Orrick Herrington & Sutcliffe puts, “It’s having a chilling effect.” And the arrest of the most influential foreigner in Japanese business world has started the discussion and cautionary tales about hiring a foreign national in a country with stricter laws. The arrest has already dampened Japan’s drive for diversity in its country’s business scene at the top ranks and has also made foreign nationals jittery about joining a Japanese firm.

     

    read more at Bloomberg Quint
  • IT'S THE END OF FORCED ARBITRATION IN GOOGLE

    IT'S THE END OF FORCED ARBITRATION IN GOOGLE

    News by Editorial Team 22 Feb 2019

    Google will scrap the clause that needs employees not to bring any claims against it in court from its employment terms and conditions. Alphabet Inc. that virtually owns all of Google has taken this move after months of protest that followed the infamous walk out of 20,000 employees against the forced arbitration. The change will be effective from March 21st and will include ceasing agreements that prohibited workers from bringing their claims as a class action. The end of forced arbitration era in Google means that workers can now speak up and bring their case to court that includes instances of sexual harassment, discrimination, and treatment of contract employees.

     

    read more at Bloomberg
  • IMMIGRATION REFORMS MAY BE A VITAL MISSING PIECE IN THE MANUFACTURING TALENT CRUNCH PUZZLE

    IMMIGRATION REFORMS MAY BE A VITAL MISSING PIECE IN THE MANUFACTURING TALENT CRUNCH PUZZLE

    News by Editorial Team 22 Feb 2019

    Jay Timmons, president and CEO of the National Association of Manufacturers on Wednesday stated that US manufacturers will have to fill 4 million vacancies in the coming decade and at present have 428,000 job openings. A related survey found that while 88.7% of the employers in manufacturing were positive regarding the company’s future, 68.2% found the difficulty to attract the right talent as one of their main challenges. A negative perspective towards manufacturing industry is one of the many reasons behind the talent crunch. The crunch is for skilled production workers, supply chain talent, engineers and software engineers and operations manager. NAM is banking on immigration reforms that will grant inflow to highly skilled talent in the country as a partial solution.

     

    read more at HRDIVE
  • CONFLICT MANAGEMENT IS THE MOST WANTED SOFT SKILL, SAYS REPORT

    CONFLICT MANAGEMENT IS THE MOST WANTED SOFT SKILL, SAYS REPORT

    News by Editorial Team 22 Feb 2019

    Udemy, the online learning platform in its new report said that conflict management is going to be the most sought after soft skill in 2019. Technological skills will continue its evolutionary path with new skills continually entering the workforce. Conflict management, as experts believe will be one skill that will be pivotal for upward-moving career and will supersede the good old organizational and communications skills. In a multigenerational workforce dictated by the change in priority for every generation, conflict management will be the one that might very well save the day. Next in line from conflict management are time management, stress management, emotional intelligence, storytelling and change management.

     

    read more at HRDIVE
  • CREDIT SUISSE TO IMPOSE BONUS PENALTIES ON ASIAN BANKERS WHO QUIT WITHIN THREE YEARS

    CREDIT SUISSE TO IMPOSE BONUS PENALTIES ON ASIAN BANKERS WHO QUIT WITHIN THREE YEARS

    News by Editorial Team 21 Feb 2019

    Credit Suisse Group AG is tightening the golden handcuffs around its Asian bankers and that includes the most senior ranks. The Swiss firm is planning to enforce repayment of the cash portions of the bonuses by the bankers if they leave within three years of receiving them. The arrangement is unique to Asia, the geography where the company adopts a unique structure, merging its wealth management, investment banking, and trading businesses into one unit. The prospect of a payout will put a damper to defections in a fiercely competitive market of investment bankers. Credit Suisse is though not the first one to adopt a strategy to keep bankers hanging around for long.

     

    read more at Bloomberg
  • NEW YORK BANS THE PRACTICE OF BANNING EMPLOYEES FROM WORK DUE TO HAIRSTYLES

    NEW YORK BANS THE PRACTICE OF BANNING EMPLOYEES FROM WORK DUE TO HAIRSTYLES

    News by Editorial Team 21 Feb 2019

    New York workers may or may not have a bad hair day but with the New York Commission on Human Rights banning discrimination based on hairstyle, there won’t be any improper hairstyle day. The enforcement guidance prohibits any employer from demoting, punishing, firing or taking any adverse actions against employees who wear their hair in adherence to their culture. The ban through a blanket-ban is focused mainly on African-Americans and people of color and their right to wear treated or untreated hairstyles, braids, Bantu Knots, Afro or keep their hair untrimmed at the workplace. The ban does not tangle with the food and health safety laws that need hair to be pinned or be in net if the rule applies to all.

     

    read more at HRDIVE
  • A MAJORITY OF HR PROFESSIONALS ARE WOMEN AND WHITE, SAYS REPORT

    A MAJORITY OF HR PROFESSIONALS ARE WOMEN AND WHITE, SAYS REPORT

    News by Editorial Team 21 Feb 2019

    The good news from Namely’s HR Career Report on workplace diversity in mid-sized companies is that 71% of HR professionals are female. The lukewarm news on diversity from that report is that almost two-thirds of HR professionals, i.e. 65% are white. Asians at 12% and Hispanics at 10% are the distant second and third making it clear that the road to an all-inclusive diversity from here will be a long one. The pay disparity, however, remains a burning issue as female HR managers earn an average of $91,981 per year, 13% less than their male counterparts who earn $103,644 annually.

     

    read more at HRDIVE
  • NETFLIX CONFIRMS TORONTO PRODUCTION HUB THAT WILL CREATE 1,850 JOBS EVERY YEAR

    NETFLIX CONFIRMS TORONTO PRODUCTION HUB THAT WILL CREATE 1,850 JOBS EVERY YEAR

    News by Editorial Team 20 Feb 2019

    Netflix is all set to come up with a Toronto production hub and will lease Cinespace Studios and Pinewood Toronto Studios as its initial steps towards the plan that will create 1,850 jobs per year. Cinespace Studios, based in Toronto has four sound stages, office space and support space in its 164,000 square feet space, while Pinewood Toronto Studios measures 84,850 square feet. Netflix secured an October 2017 government approval to start a $377 million product unit in Canada, its first outside the U.S. The first ones to start production in these Toronto Studios will be the film “Let it Snow” and “Guillermo Del Toro Presents Ten After Midnight”, a horror anthology series.

     

    read more at Reuters
  • PAPA JOHN'S GIVES THE DOUGH OF FREE DEGREE FOR CORPORATE EMPLOYEES

    PAPA JOHN'S GIVES THE DOUGH OF FREE DEGREE FOR CORPORATE EMPLOYEES

    News by Editorial Team 20 Feb 2019

    Papa John’s will be treating its corporate team with its Dough & Degrees Program that will provide 100% tuition costs for undergraduate and graduate degrees for eligible candidates. The program is in collaboration with Purdue University Global and involves courses in associate, bachelor ’s degree and master’s degree for the university’s online programs that include business, cybersecurity, IT, finance and accounting. The program intends to achieve the dual goal of improving the skills of present employees and also making the company an ‘’employer of choice” for candidates who want to grow in their job. The move is one of the many in a recent trend of upskilling the workforce.

     

    read more at HRDIVE
  • HIRING EVOLVES IN A FOUR DIMENSIONAL ENTITY

    HIRING EVOLVES IN A FOUR DIMENSIONAL ENTITY

    News by Editorial Team 20 Feb 2019

    Hiring is becoming a four-dimensional entity in a market that is fraught with disruption.  The three dimensions, qualifications, experience, and soft skills are getting a facelift, while a brand new dimension, a potential is creating ripples to waves in the hiring ocean. Qualifications are now more about learnability as 76% of U.S. employers want to upskill there workforce by 2020. Exact experience is tough to come by without poaching and this dimension has evolved in finding a person who has been in similar and not the same situation before. Soft skills are getting compartmentalized, employers are asking whether the candidate has soft skills relevant to the job. Potential, the newest entrant takes more than one interactions to gauge and goes beyond the previous experience or qualification to understand the core aptitude.

     

    read more at HRDIVE
  • HONDA TO SHUT ITS SOUTH ENGLAND CAR PLANT IN 2022 ERASING 3,500 JOBS

    HONDA TO SHUT ITS SOUTH ENGLAND CAR PLANT IN 2022 ERASING 3,500 JOBS

    News by Editorial Team 19 Feb 2019

    Honda, the Japanese carmaker has decided to bow out of Britain with the closing of its Swindon factory, its sole manufacturing unit in the country. The decision that will result in the loss of 3,500 jobs comes just before the Brexit uncertainty, but as per conservative lawmaker from Swindon, Justin Tomlinson “is not Brexit related.” The closure of the Swindon plant that makes the hatchback version of Honda's Civic model will be the second one in 2022 as the company plans to close one of its Japan plans in 2022. The move is towards consolidating production as Honda focusses on new vehicle technologies. Honda’s Swindon plant had built 160,000 at its South England plant that is just 10% of the country’s total output in cars but is now struggling in face of heightened regulations and decreasing demand for a diesel model.

     

    read more at Reuters
  • FEMALE EMPLOYEES FILE GENDER DISCRIMINATION LAWSUITS AGAINST WALMART

    FEMALE EMPLOYEES FILE GENDER DISCRIMINATION LAWSUITS AGAINST WALMART

    News by Editorial Team 19 Feb 2019

    The gender discrimination monster is back at Walmart with nearly 100 workers filing lawsuits against the retailer alleging disparity in pay and promotion for certain managerial positions. The retail giant has an earlier reputation of gender discrimination as eight years back the Supreme Court blocked the company from facing the largest sexual discrimination case brought against an employer ever in history. The plaintiffs are either working for Walmart or were employed between the early and late 2000s. The current lawsuits come after the 2011 ruling in the Walmart Stores v. Duke Case that was filed way back in 2001 and represented 1.5 million previous women employees. It was ruled too large a number to qualify as a class action lawsuit leading to these individual lawsuits.

     

    read more at The Guardian
  • EMPLOYERS ARE ACCOUNTABLE TO KEEP PAY EQUITY SAYS PAYCHECK FAIRNESS ACT

    EMPLOYERS ARE ACCOUNTABLE TO KEEP PAY EQUITY SAYS PAYCHECK FAIRNESS ACT

    News by Editorial Team 19 Feb 2019

    Congress is investing some serious thought towards gender pay parity as The Paycheck Fairness Act, which holds employers accountable for pay parity becomes the latest in the league of legislatures enforced in the past few years to eradicate gender wage gap. The state legislature has introduced 40 pay-equity bills in 2017 and at least five of the states have passed pay-equity laws, but many of them were stalled at the federal level. The latest legislation is however at the federal level and intends to correct the shortfalls of the Equal Pay Act of 1963. 2018 saw a common theme of banning the practice of asking an applicant’s salary to determine the pay in the next organization by the lawmakers.

     

    read more at SHRM
  • BRITISH FIRMS RAISE BASIC WAGE BY 2.5%, THEIR HIGHEST SINCE 2012

    BRITISH FIRMS RAISE BASIC WAGE BY 2.5%, THEIR HIGHEST SINCE 2012

    News by Editorial Team 18 Feb 2019

    British businesses are feeling generous just before Brexit as they raise the basic wages by 2.5% on average, its highest since 2012. The findings are from the Chartered Institute of Personnel and Development, a human resources professional body who takes this survey every year since 2012. The rise can be attributed to the difficulties in recruitment and keeping up with the competitors and is an indicator of a strong British job market. Inflation is a major factor in pay rises higher than 2% and it remains to see what will the current rise sustain as the inflation fell below the required level. Bank of England policy maker Gertjan Vlieghe says that forms are choosing easy to fire workers over hard to sell unwanted machinery as there is a potential for a no-deal Brexit.

     

    read more at Reuters
  • NEGOTIATIONS OVER SALARY IS THE NEW NORMAL RITUAL FOR JOB SEEKERS

    NEGOTIATIONS OVER SALARY IS THE NEW NORMAL RITUAL FOR JOB SEEKERS

    News by Editorial Team 18 Feb 2019

    Professionals are growing in confidence and negotiation skills as a Robert Half survey find 55% of candidates negotiating for a higher salary with their last job offer. This number is 16-point rise from its 2018 numbers. The survey that included 2,800 workers and as many senior managers found that respondents from San Diego, San Francisco, and Miami are the most likely to negotiate for a higher salary, while those from Philadelphia, Cleveland, and Minneapolis are the least likely to go for negotiations. Men (68%) will negotiate more compared to women (45%), and the young professionals from 18-35 years are keener on negotiation than their older counterparts. Most of the senior managers expected that the candidate will negotiate, with 80% managers in Boston and 78% managers in Denver and Washington DC believing the same.

     

    read more at HRDIVE
  • LULULEMON OFFERS UP TO 6 MONTHS OF PAID PARENTAL LEAVES FOR FULL-TIME EMPLOYEES

    LULULEMON OFFERS UP TO 6 MONTHS OF PAID PARENTAL LEAVES FOR FULL-TIME EMPLOYEES

    News by Editorial Team 18 Feb 2019

    The athletics wear brand, Lululemon has a new ace up its sleeve to retain old and attract new employees and it is gender-biased paid parental leave of up to 6 months for all its full-timers. The company’s definition of full-timers are the employees who clock 24 hours per week and those who have been with the company for 2 years or more will be eligible for 3 months of paid leave. The ones who are with the company as full-timers for five years or more will be eligible for 6 months of paid parental leave irrespective of the gender. The company said that 60% of its 13,400 staff are based in the U.S. and a majority of them are there with them for 2 years or more and a one-fifth of them are five years or older.

     

    read more at HRDIVE

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