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  • OCTOBER IS THE BEST MONTH FOR HIRING

    OCTOBER IS THE BEST MONTH FOR HIRING

    News by Editorial Team 10 Oct 2019

    LinkedIn Blog says hiring during October is more than any other month. So it is the best time of the year to look for a new job. Job postings on LinkedIn are more in October than any other month. 89 percent of hiring managers say it takes them less than four weeks to fill a role, LinkedIn Blog said. 

     

    read more at Forbes
  • GOOGLE EXTENDS FREE COURSE TO COMMUNITY COLLEGES

    GOOGLE EXTENDS FREE COURSE TO COMMUNITY COLLEGES

    News by Editorial Team 09 Oct 2019

    Google is making its beginner-level course on information technology (IT) support available to the US community colleges. A beginner-level course on information technology from Google will be available to 100 U.S. community colleges by the end of 2020, the company said in a statement. The move is part of the company’s 3.5 million grant to workforce education and non-profit jobs for the future. Existing IT Support Professional Certificate, hosted by Coursera, is part of Google’s Grow with Google technology.

     

    read more at HRDIVE
  • SUPREME COURT DIVIDED OVER LGBTQ WORKERS CASE

    SUPREME COURT DIVIDED OVER LGBTQ WORKERS CASE

    News by Editorial Team 09 Oct 2019

    Supreme court seemed divided over a case involving LGBTQ workers. Reportedly, the conflict was whether a civil rights law protects LGBTQ workers from discrimination in employment. The court’s four justices might side with workers who were fired because of their sexual orientation. However, there’s uncertainty over a court conservative joining them, Fortune reports.

     

    read more at Fortune
  • GE FREEZES PENSION PLANS FOR 20,000 U.S EMPLOYEES

    GE FREEZES PENSION PLANS FOR 20,000 U.S EMPLOYEES

    News by Editorial Team 09 Oct 2019

    On Monday, Google announced to cut debt and reduce its pension deficit by USD 8 billion by freezing the pension plans of roughly 20,000 U.S employees. Lawrence Culp, the new CEO has tried to raise cash and eliminate debt, reports HR Dive. As of June 30, GE had borrowings of about USD105.8 billion and industrial debt at USD54.4 billion, Reuters reports.

     

    read more at HRDIVE
  • HP TO LAY OFF WORKERS

    HP TO LAY OFF WORKERS

    News by Editorial Team 07 Oct 2019

    HP Inc. will slash as much as 16 percent of its workforce, Fortune reports. The job cuts will boost sales growth and reduce costs. At least 7,000 workers will be laid off through firings and voluntary early retirements. The job cuts will save USD 1 billion by the end of fiscal 2020, the company said in a press statement. 

     

    read more at Fortune
  • HSBC PLANS JOB CUTS

    HSBC PLANS JOB CUTS

    News by Editorial Team 07 Oct 2019

    A Financial Times report suggests HSBC may lay off 10,000 workers. The European bank currently employing 2,38,000 people around the world may cut down its workforce in Europe.  Reportedly, the bank has observed better returns in Asia, despite employing fewer employees there. Earlier the bank had flagged 4,700 redundancies while more may come when the bank reports its third-quarter results.

     

    read more at Bloomberg
  • HACKERRANK LAUNCHES DIVERSITY AND INCLUSION TOOL

    HACKERRANK LAUNCHES DIVERSITY AND INCLUSION TOOL

    News by Editorial Team 07 Oct 2019

    To eliminate bias in hiring and build diverse and inclusive technical teams, Hacker Rank has launched an inclusion and diversity tool. The tool hides applicants’ names and identities in the screening process, eliminating unconscious bias. Skills assessment results are the first consideration for hirers. The tool also allows hirers to accommodate the needs of applicants with disabilities.

     

    read more at HRDIVE
  • WEWORK TO LAYOFF WORKERS

    WEWORK TO LAYOFF WORKERS

    News by Editorial Team 04 Oct 2019

    On Thursday, new co-chief executive officers of WeWork, Artie Minson and Sebastian Gunningham, and co-founder Miguel McCelvey said the company will make cost-cutting efforts including layoffs. The company had been considering job cuts and the anticipated number of eliminated positions could number in thousands, Bloomberg reported. The company may lay off as many as 2,000 employees, the report further says.

     

    read more at Bloomberg
  • GOOGLE PLEDGES TO TRAIN THE US WORKERS

    GOOGLE PLEDGES TO TRAIN THE US WORKERS

    News by Editorial Team 04 Oct 2019

    On Thursday, Google’s Chief Executive Officer, Sundar Pichai, announced it is planning to train 250,000 workers over the next year and provide a USD 3.5 million education grant. The initiative is part of Ivanka Trump’s pledge to train American workers. Nearly 85,000 people have already started the training program, which is available at more than 25 community colleges in the U.S.

     

    read more at Bloomberg
  • US WORKERS FEAR LAY OFF DUE TO LACK OF SKILLS

    US WORKERS FEAR LAY OFF DUE TO LACK OF SKILLS

    News by Editorial Team 04 Oct 2019

    A survey from Cornerstone OnDemand, conducted among 1,000 American workers, found that 53% of workers don’t feel they are skilled enough to avoid a layoff. 83% of respondents think improving professional skills is important, the survey further found. Employees believe new skills development could ward off a future layoff.

     

    read more at HRDIVE
  • COMMUTER BENEFITS AREN'T POPULAR AMONG EMPLOYERS

    COMMUTER BENEFITS AREN'T POPULAR AMONG EMPLOYERS

    News by Editorial Team 03 Oct 2019

    Offering commuting benefits to workers has the potential to improve productivity, hiring, and other aspects, says Jason Pavluchuk, Policy Director at the non-profit advocacy group Coalition for Smarter Transportation. On average commuters spend 27.1 minutes per day commuting to work. The U.S. Census Bureau says this time has increased since 2010 when it stood at 25.3 minutes per day.

     

    read more at HRDIVE
  • WORLDS' BEST WORKPLACES CREATE GLOBAL WORK CULTURE

    WORLDS' BEST WORKPLACES CREATE GLOBAL WORK CULTURE

    News by Editorial Team 03 Oct 2019

    2019 World’s Best Workplaces, the list published by research and analytics firm, Great Places to Work, revealed that trust is the common trait employees want in a workplace. A great workplace is one where leaders demonstrate credibility, respect, and fairness. The list ranked 25 global organizations, led by Cisco Systems, which are providing a great workplace culture for 300,000.

     

    read more at Fortune
  • LEARNING & DEVELOPMENT PROGRAMS AREN'T WORKING FOR COMPANIES

    LEARNING & DEVELOPMENT PROGRAMS AREN'T WORKING FOR COMPANIES

    News by Editorial Team 03 Oct 2019

    In 2016, organizations spent USD 359 billion globally on training. However, the investment wasn’t worth it, as 75 percent of 1,500 managers surveyed say they were dissatisfied with their company’s learning and development function. Further, 75 percent of employees say they don’t have mastery of the skills needed for their jobs. 12 percent of employees apply new skills learned in L&D to their jobs.

     

    read more at HBR
  • WALMART OPENS TRAINING CENTER IN DISTRIBUTION CENTER

    WALMART OPENS TRAINING CENTER IN DISTRIBUTION CENTER

    News by Editorial Team 01 Oct 2019

    Walmart is opening a training center in its distribution centers.  Leading the initiative, the first center opened at the 1.2-million-square facility north of Dallas in Sanger, Texas, The Dallas Morning News reported. Supervisors for Walmart go through training in leadership, safety and supply chain, the newspaper further reported. The Sanger facility has 945 employees, and 50 managers graduated on Friday.

     

    read more at HRDive
  • PAID PARENTAL LEAVE: EVERY EMPLOYEE'S RIGHT

    PAID PARENTAL LEAVE: EVERY EMPLOYEE'S RIGHT

    News by Editorial Team 01 Oct 2019

    Alexis Ohanian, co-founder of Reddit, has been an advocate of paid paternity leave. After taking paternity leave himself, Ohanian has become an advocate of mandatory paid paternity leave. Google expanded its paid leave from 12 to 18 weeks post which the attrition rates decreased by 50 percent. The amount of paternity leave offered by employers affects candidates’ decision to choose a company, a survey says. 

     

    read more at HBR
  • EMPLOYEES ARE PLANNING TO STAY PUT DUE TO ECONOMIC UNCERTAINTY

    EMPLOYEES ARE PLANNING TO STAY PUT DUE TO ECONOMIC UNCERTAINTY

    News by Editorial Team 01 Oct 2019

    Research from Gartner found that employees are increasingly planning to stay put due to economic uncertainty. About 53% of the surveyed employees said they planned to stay in their jobs for the quarter Q2 2019, representing a 10 % increase from the last quarter. The uneasiness has also led employees to put in more discretionary efforts in solidifying their roles, noted Gartner.

     

    read more at HRDive
  • MILITARY SERVICE A HINDRANCE IN EMPLOYMENT

    MILITARY SERVICE A HINDRANCE IN EMPLOYMENT

    News by Editorial Team 30 Sep 2019

    According to research from Duke University’s Fuqua School of Business, military experience may work against some job candidates. The research conducted among nearly 3,000 managers, recruiters and other participants found that those involved in hiring often assume candidate with military experience are unemotional and impersonal. This mental-bias deprives candidates of roles that require emotional intelligence and interpersonal skills.

     

    read more at HRDIVE
  • SLOW NETWORK SPEED FRUSTRATES MOBILE WORKERS

    SLOW NETWORK SPEED FRUSTRATES MOBILE WORKERS

    News by Editorial Team 30 Sep 2019

    Sluggish network speeds topped the list of tech pain points among mobile workers, a Net Motion Software’s mobile employee experience report says. The report further found network issues and mobile applications that function worse than their desktop versions were remote workers’ digital pet peeves. More than 41 percent of respondents cited connectivity issues as their top frustration.

     

    read more at HRDIVE
  • TOXIC WORK CULTURE IS COSTING BILLIONS TO EMPLOYERS

    TOXIC WORK CULTURE IS COSTING BILLIONS TO EMPLOYERS

    News by Editorial Team 30 Sep 2019

    Over the last five years, employee turnover triggered by poor workplace culture drained nearly a quarter of a trillion dollars from businesses as workers fled managers, a new study released by SHRM says. The USD223 billion figure should push CEOs, who may have only talked about the importance of culture, to embrace the role culture in every company, the report further said. 

     

    read more at SHRM
  • PAID LEAVE COMPROMISED IN NEW LAW PROPOSAL

    PAID LEAVE COMPROMISED IN NEW LAW PROPOSAL

    News by Editorial Team 27 Sep 2019

    As per the Cassidy-Sinema plan, announced in July, parents who qualify for the federal Child Tax Credit would have the option of taking an advance up to $5,000 upon the birth or adoption of a child. This is applicable to the adoption of children age six or less. Further, parents will receive an adjusted tax credit of $1,500 over the following 10 years.

     

    read more at HRDIVE

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