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  • 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
  • Organizations plan to add health safety roles post pandemic!

    Organizations plan to add health safety roles post pandemic!

    News by Editorial Team 30 Sep 2020

    According to a recent survey conducted by McKinsey, it was found that about 83% of employers responded that their organizations will recruit more individuals for health and safety roles as offices reopen. The jobs will also include roles in ‘on-site distancing/sanitizing’ and ‘workforce safety and health,’ The survey report was released on 23 Sept, 2020. The report also concluded that while remote work is here to stay it will not be for everyone or for every work day.

     

    read more at HRDIVE
  • Judge ruled out DOL's $400M Oracle pay bias lawsuit!

    Judge ruled out DOL's $400M Oracle pay bias lawsuit!

    News by Editorial Team 30 Sep 2020

    According to a US Department of Labor administrative law judge passed the statement that Oracle did not engage in any intentional compensation discrimination. The ruling came out on 22 Sept, 2020 thus ending a lawsuit that was first filed in 2017. Oracle was sued by the US Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP). OFCCP had alleged that the federal contractor engaged in discriminatory pay practices that had costed black, Asian, and female employees about $400 million in lost wages over a roughly four-year period. 

     

    read more at HRDIVE
  • Nikola founder amid sexual abuse controversy!

    Nikola founder amid sexual abuse controversy!

    News by Editorial Team 29 Sep 2020

    The recent controversy surrounding Nikola founder Trevor Milton revealed sexual assault allegations. According to the lawsuits filed by two different women accused the 38-year-old billionaire of sexual abuse when they were both 15-years old. The accusations, which stretched more than 15 years ago, came in the wake of Milton’s resignation as executive chairman of Nikola on 21 Sept, 2020 post short seller Hindenburg Research released a damning report that had detailed fraud allegations.

     

    read more at CNBC
  • JPMorgan announces work from home for its employees till 2021!

    JPMorgan announces work from home for its employees till 2021!

    News by Editorial Team 29 Sep 2020

    In an internal memorandum shared by the bank with the staff, it was revealed that JPMorgan Chase & Co has informed its thousands of workers across the consumer unit that they could work from home until next year. According to the announcement, the directives will be applicable to most of JPMorgan’s US-based employees in the consumer unit and will exclude branch workers and some in operations.

     

    read more at Reuters
  • McDonald's expands its Passport to Success Explorer digital program for youth!

    McDonald's expands its Passport to Success Explorer digital program for youth!

    News by Editorial Team 29 Sep 2020

    In a recent announcement by McDonald’s, it revealed its plans to improve equity in skills training for youth and in order to do so it is planning to expand its Passport to Success (PTS) Explorer digital curriculum and make it reach up to 100,000 through non-profits, community organizations and post-secondary institutions which support diverse communities. The announcement was made on 21 Sept, 2020. The curriculum has been prepared in partnership with the International Youth Foundation and will teach communication skills, self-awareness, and management skills in addition to guidance on building healthy relationships and conflict management.

     

    read more at HRDIVE
  • US Chamber Foundation launches a new initiative to bridge future skills gaps!

    US Chamber Foundation launches a new initiative to bridge future skills gaps!

    News by Editorial Team 28 Sep 2020

    According to the recent announcement made on 21 Sept, 2020 it was revealed that a new initiative was launched by a group of economists, academics, and business leaders that was led by the US Chamber of Commerce Foundation. The initiative will seek to create new methods of financing for training, which will prepare employees to meet current and future skills gaps.

     

    read more at HRDIVE
  • Alphabet reaches a settlement over a sexual misconduct lawsuit!

    Alphabet reaches a settlement over a sexual misconduct lawsuit!

    News by Editorial Team 28 Sep 2020

    In a recent development related to sexual misconduct lawsuit, Alphabet – the parent company of Google – had reached a settlement with shareholders in a lawsuit. The lawsuit alleged sexual misconduct mishandling and cover-up by executives that included former chief legal officer David Drummond. The company also announced that it will eradicate mandatory arbitration and also limit Google’s use of non-disclosure agreements. The company will also prohibit Google from ‘offering severance to any employee, including a senior executive, terminated for sexual harassment, sexual misconduct, or retaliation.’

     

    read more at CNBC
  • Bank of America partners with VA Ready to retrain employees for 'high-demand jobs!'

    Bank of America partners with VA Ready to retrain employees for 'high-demand jobs!'

    News by Editorial Team 28 Sep 2020

    In a recent announcement made by the Virginia Ready Initiative (VA Ready) to help retrain unemployed Virginia residents for ‘high-demand jobs,’ the initiative has partnered with Bank of America. With the partnership, the candidates post achieving credentials at one of the Virginia Community College System’s 23 colleges will be granted opportunities to interview with VA Ready’s partners including Bank of America. The program will be aligned with the rising demand jobs in fields like tech, healthcare, and manufacturing.

     

    read more at HRDIVE
  • Employee entitlement to family, medical leave expanded significantly in California!

    Employee entitlement to family, medical leave expanded significantly in California!

    News by Editorial Team 25 Sep 2020

    In a recent development related to family and medical leave, California Governor Gavin Newsom had signed SB-1383 into law on 17, Sept, 2020 – a move that allowed a significant expansion of employee entitlement to family and medical leave. According to the Newsom’s office it was estimated that about six million additional workers in the state would have access to job-protected leave. According to the law, the employers with five or more employees should grant up to 12 weeks of unpaid, job-protected leave during any 12-month period.  The law will become effective from 1, Jan, 2021. 

     

    read more at HRDIVE
  • Google to help employees pay their student loans amid debt crisis!

    Google to help employees pay their student loans amid debt crisis!

    News by Editorial Team 25 Sep 2020

    In an internal announcement made by Google it was announced that Google will match student loans up to $2,500 annually as a new company will benefit for full-time employees starting from 2021. The move came amid a ‘student loan debt crisis.’ According to the organization’s benefits head John Casey, they will tap Black employee resource groups for the initiative. Casey added that the burden of student loans weigh heavily of the student loans weighs disproportionately on communities of color and women.

     

    read more at CNBC
  • Randstad US to recruit for 14K seasonal jobs!

    Randstad US to recruit for 14K seasonal jobs!

    News by Editorial Team 25 Sep 2020

    According to the announcement made by Randstad US – the staffing and consulting firm – it was revealed that as the busy season is on the horizon for various companies, the firm will be hiring more than 14,000 seasonal jobs across the country. The firm also announced that there will be virtual career fairs in coordination with the local Randstad nationwide starting from 21 Sept to 25 Sept, 2020. 

     

    read more at HRDIVE
  • Employers fear lack of ability to meet the needs of parents!

    Employers fear lack of ability to meet the needs of parents!

    News by Editorial Team 24 Sep 2020

    According to a recent survey by Willis Towers Watson, it was found that fewer than half of employers revealed that their programs and policies were effective in meeting the needs of working parents. The firm announced on 17 Sept, 2020. The survey also reported that despite about 74% of respondents admitting that working parents needed their support, turnover has become an issue. The report revealed that one in four respondents reported that talent left due to increased caregiving responsibilities.

     

    read more at HRDIVE
  • 'Hybrid' work-from-home models for Google employees!

    'Hybrid' work-from-home models for Google employees!

    News by Editorial Team 24 Sep 2020

    In a recent survey carried out by Google internally for its staff members, it was revealed that most of the Google employees wanted to return to the office at some point in the future, though not every day. The survey was titled as employees’ desires for post-pandemic work. The organization revealed that it was planning ‘hybrid’ models for future work and that will include rearranging the offices.

     

    read more at CNBC
  • Georgia-based firm to pay $1599 to an employee denied paid sick leave!

    Georgia-based firm to pay $1599 to an employee denied paid sick leave!

    News by Editorial Team 24 Sep 2020

    A Georgia-based insurance company – Risk & Insurance Consultants Inc. – was in the news, as it had failed to pay an employee when he was asked to self-quarantine due to coronavirus concerns. The company has finally agreed to pay $1599 in back wages to the employee who was denied the paid sick leave under the Families First Coronavirus Response Act (FFCRA), the US Department of Labor’s Wage and Hour Division reported on 15 Sept, 2020. 

     

    read more at HRDIVE

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