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  • IT'S RESKILLING SEASON FOR ACCENTURE AS 300K WORKERS GET RETRAINED IN THE PAST 4 YEARS

    IT'S RESKILLING SEASON FOR ACCENTURE AS 300K WORKERS GET RETRAINED IN THE PAST 4 YEARS

    News by Editorial Team 06 Feb 2019

    Ellyn Shook, Chief Leadership and human resources officer at Accenture is all up for creating a “work-learn, work-learn mindset” and to put words to practice the company has retrained nearly 300,000 out of its 469,000 strong workforces. Shook further believes that the experience of “reskilling” puts Accenture as a case study of the job-retraining in the wake of the Fourth Industrial Revolution. The company’s cost of reskilling is $1 billion per year. Shook, also said while speaking at World Economic Forum meeting in Davos, Switzerland that the company created “Job Buddy”, a software that tells what part of their job will get automated and how they can upskill. 85% of the employees have taken the assessment till date.

     

    read more at HRDIVE
  • WORKING MOTHERS HAVE GREAT LEADERSHIP POTENTIAL, BUT PREJUDICE LOOMS LARGE

    WORKING MOTHERS HAVE GREAT LEADERSHIP POTENTIAL, BUT PREJUDICE LOOMS LARGE

    News by Editorial Team 06 Feb 2019

    Motherhood comes with a reward and penalty for working mothers, looking from the corporate career perspective. If the recent survey by Bright Horizon’s Modern Family Index is to be believed then an overwhelming number of workers feel that mothers are better listeners, crisis managers, multitaskers and time managers. Club the above skills with an increased calm in a crisis and all the pointers indicate towards a leadership boost. The other side of the coin says that motherhood is penalized as 72% of both working moms and dads feel women are having to pay with their careers for starting a family as opposed to men. Most working mothers believe that they have to work extra hard to quiet the skeptics and 37% of them fear that motherhood will render them incapable to “fit the leadership mold” in a world filled with male leaders.

     

    read more at HRDIVE
  • GM ADDS MORE VOLUME TO ITS PINK SLIP HANDOUTS

    GM ADDS MORE VOLUME TO ITS PINK SLIP HANDOUTS

    News by Editorial Team 05 Feb 2019

    The automobile major announced the handouts of yet another round of pink slips on Monday, aligned to its announcements in November 2018, this time numbering at around 4,000 of its salaried employees, in what was described as a restructuring of its entire white collar workforce. The outcome will be in a total expected shrinkage of its workforce by 15%. The current round of layoffs, according to insiders, would largely affect its information technology workers at facilities in Texas, Georgia, Arizona, and Michigan. This follows the 1500 workers already laid off in December alongside 2300 workers who accepted the buyouts by the company. It is also cutting down executive ranks by 25%

     

    read more at Reuters
  • ALPHABET ALMOST TOUCHES A 100,000 HEADCOUNT

    ALPHABET ALMOST TOUCHES A 100,000 HEADCOUNT

    News by Editorial Team 05 Feb 2019

    Google’s parent company swelled both its hiring and it’s spending in the fourth quarter, according to reports. The period saw a spending surge of 26%, touching $31 bn. In the same quarter, the company hired more than 4,300 employees, taking its total employee count to 98,771. This number is exclusive of Temporary Workers, Vendors or Contractors (TVCs in Google parlance). The largest number of hires that the company made over the last quarter was noted to have been in its cloud computing business segments. This division of Google’s business has seen significant focus from the parent company and has also reported a strong growth recently.

     

    read more at Forbes
  • NON-PROFIT MAJOR CUTS DOWN PARENTAL LEAVE FOR STAFF

    NON-PROFIT MAJOR CUTS DOWN PARENTAL LEAVE FOR STAFF

    News by Editorial Team 05 Feb 2019

    The Bill and Melinda Gates Foundation recently announced that its 52-week parental leave program for staff would be cut down to half its size. According to the organization’s CHRO, the parental week program was halved because it was found to be disruptive to the overall productivity of the employees. The new policy is expected to come into effect in the latter half of the year and will offer only 6 months of paid leave to employees. It will, however, come with an added benefit of a $20,000 taxable allowance that is aimed at helping employees with childcare and other costs.

     

    read more at HRDIVE
  • CHINA GOES POPULIST WITH STIMULUS INITIATIVES

    CHINA GOES POPULIST WITH STIMULUS INITIATIVES

    News by Editorial Team 04 Feb 2019

    The world’s second-largest economy recently announced a slew of policies and initiatives aimed at uplifting the low-income workers and SMB segments. This is a part of the initiatives of the government to boost spending amid fears of an economic slowdown. In these efforts, graduates and migrant workers would be given a higher priority in terms of tax breaks and employer benefits for companies who hire needy workers. The aggressive stimulus package may be a result to combat the heavy toll that the US-China trade war has taken on Chinese manufacturing and export industries throughout 2018, according to reports. 

     

    read more at Reuters
  • SUNDAR PICHAI'S MAY NEED A GOOGLE SEARCH FOR INSPIRATIONAL VISION

    SUNDAR PICHAI'S MAY NEED A GOOGLE SEARCH FOR INSPIRATIONAL VISION

    News by Editorial Team 04 Feb 2019

    The world’s largest search engine company has always been at the forefront of technology and innovation largely because of the superlative intellect of the workforce. However, if recent internal reports are anything to go by, employee confidence in the CEO Sundar Pichai’s vision is fast failing. In an internal poll called Googlegeist, just over 2/3rd of employees surveyed agreed that the CEO’s vision of what the company can achieve inspires them. This was down 10% from the results of a similar poll the year before. In a similar vein, only 74% of the employees agreed that Pichai and his management team can effectively lead Google into the future, down 18% from the year before.

     

    read more at Bloomberg
  • SUPER BOWL MONDAY IS HERE!

    SUPER BOWL MONDAY IS HERE!

    News by Editorial Team 04 Feb 2019

    According to industry estimates, a staggering 17.2 million workers across America are expected to call in sick on Monday, a day after the Super Bowl. In a survey released by consultant firm Robert Half, 42% of senior managers have reported that post-game hangover is the most annoying sports related employee behavior. Another aspect is the ultra-low productivity for employees who do show up – largely due to lack of sleep and other post-recreational factors. In fact, Super Bowl Monday was reported by 72% of HR managers as a preference for an instituted paid leave, in another similar survey conducted last year.

     

    read more at HRDIVE
  • DEATH BY A THOUSAND LAYOFFS AT TESLA

    DEATH BY A THOUSAND LAYOFFS AT TESLA

    News by Editorial Team 01 Feb 2019

    Elon Musk’s automotive brainchild is in troubled waters again, with the company recently formally announcing laying off at least a thousand workers. The electric car manufacturer will be cutting down just over 800 jobs in Fremont, where it’s assembly plant is located. In addition to this, it will also be terminating 130+ employees at its Lathrop facility and around 78 employees at its Palo Alto headquarters. This follows closely on the heels of Musk’s announcement via email earlier in January, where he announced the layoff of 7% of the staff at Tesla, citing the need to be ‘relentless about costs’.

     

    read more at Bloomberg
  • STARBUCKS GAINS GROUND ON INCLUSION EFFORTS

    STARBUCKS GAINS GROUND ON INCLUSION EFFORTS

    News by Editorial Team 01 Feb 2019

    The double-tailed mermaid is leading the way in inclusion and diversity efforts and civil rights and equity. This report follows the high profile controversy in April last year, that led to the coffee chain shutting its stores across the US for half a day of diversity and inclusion training. According to the agencies conducting the assessment, Starbucks’ processes and policy implementations were well aligned to its mission and value statement. While a lot of work remains to be done, law firm Covington and Burling concluded that the holistic approach to inclusion and diversity efforts by the company were commendable. 

     

    read more at HRDIVE
  • THE MOST IN DEMAND JOBS OF 2019 AREN'T IN TECH

    THE MOST IN DEMAND JOBS OF 2019 AREN'T IN TECH

    News by Editorial Team 01 Feb 2019

    The most in-demand jobs of the year are going to be in healthcare, according to career portal careercast. In fact, the US Department of Labor has predicted that more the healthcare sector will see the biggest surge in job creation. At the top of this chain are home aides, with a projected 47% increase through 2024. the portal also cited data from Mercer stating that the sector will see 2 million new jobs being created over the next few years. Nurses commanded some of the highest medians in the country, with averages over $70,000. Demand has been racing ahead of supply for the fourth year in US healthcare now.

     

    read more at HRDIVE
  • FIRST UBER, AND NOW EMPLOYEES

    FIRST UBER, AND NOW EMPLOYEES

    News by Editorial Team 31 Jan 2019

    After vanquishing Uber from the Chinese market a couple of years ago, Chinese ride-hailing giant Didi Chuxing is now reportedly considering layoffs in several of its own support departments. With ten thousand employees across the world, the job cuts are largely expected to affect functions like marketing and human resources. This is aligned to their recent announcements that safety and driver engagement was their biggest priorities in the immediate future. The company’s spokesperson also mentioned that it would be offering incentives to its employees in other engineering functions to move into safety and engagement departments.

     

    read more at Reuters
  • EMOTIONAL INTELLIGENCE 3.0: LOW WAGES

    EMOTIONAL INTELLIGENCE 3.0: LOW WAGES

    News by Editorial Team 31 Jan 2019

    People in creative careers possess the highest levels of emotional intelligence, according to a recent report released by payroll and staffing firm Paychex. In the study that covered more than 1000 respondents, employees in the entertainment, arts & design and recreation industries. Among the highest scorers, those employees that scored above the 90% percentile, most were found to be working low wage jobs, with less than 35,000 in annual compensation. The highest valued qualities among respondents with high EQ included positivity, creativity, and perseverance. Emotional Quotient is usually associated with strong leadership skills and also help indicate an employee’s ability to adapt to change 

     

    read more at HRDIVE
  • PAID PARENTAL LEAVES NUMBERS SURGE

    PAID PARENTAL LEAVES NUMBERS SURGE

    News by Editorial Team 31 Jan 2019

    According to Mercer, the global consulting firm paid parental leave being offered by employers surged to 40% over the past three years, up from a meager 25% in 2015. While this is good news for most, employers still have a long way to go with only 9% considering paying their employees unlimited time off. The study, titled 2018 Survey of Absence and Disability Management, also shows that more and more employers are choosing to outsource their leave administration functions to specialized companies and consultants, indicating that the numbers of best practices in leave and benefits administration may continue to improve in the near term.

     

    read more at HRDIVE
  • GROWTH IS A PRIMARY FOCUS FOR THE PROFESSIONALS IN CREATIVE AND MARKETING FIELD

    GROWTH IS A PRIMARY FOCUS FOR THE PROFESSIONALS IN CREATIVE AND MARKETING FIELD

    News by Editorial Team 30 Jan 2019

    The creative and marketing industry might be falling behind in their race to catch up with the digital revolution as 88% of the professionals said that they are struggling to keep their skills up-to-date. The Creative Group and AIGA who conducted a 1000 professional strong poll also said that almost half of these professionals felt that advances in technology will create more opportunities for work in their industry. A 70% of them believed that a company’s effort guides the entire upskilling initiative and a 45% of them found that tech adaptation in their company was slow. Just 41% of the respondents thought that the company’s training resources were satisfactorily good or excellent.

     

    read more at HRDIVE
  • SPARK CITY, WALMART'S FORAY INTO GAMIFYING STORE ASSOCIATE'S TRAINING

    SPARK CITY, WALMART'S FORAY INTO GAMIFYING STORE ASSOCIATE'S TRAINING

    News by Editorial Team 30 Jan 2019

    Walmart is gamifying the training experience of their store associates with their all-new simulation-style game they call Spark City. The game is in the form of a mobile app, which already has 104,000 downloads and puts the players (read employees) in charge of the dry goods department of the Walmart Store, where they face numerous real-world challenges as store managers and move up the levels as they find solutions to these challenges. The game developed by Walmart associate Daniel Shepherd was piloted with Walmart Academies before being available on a larger scale. The retail giant plans to launch a new version of the app that has other departments – specific cash register and store management levels.

     

    read more at HRDIVE
  • LET DESERVING CANDIDATES WITH A CRIMINAL BACKGROUND GET A SECOND CHANCE SHRM URGES COMPANIES

    LET DESERVING CANDIDATES WITH A CRIMINAL BACKGROUND GET A SECOND CHANCE SHRM URGES COMPANIES

    News by Editorial Team 30 Jan 2019

    Getting Talent Back to Work is a brand new initiative by SHRM and Koch Industries to encourage individuals and companies in taking a pledge to provide equal opportunities to qualified candidates with a criminal background. So far companies and trade associations representing more than half of the U.S. workforce have put forward a pledge in this direction. The names include The American Staffing Association, the U.S. Chamber of Commerce, the National Federation and the National Restaurant Association among others. SHRM also developed a toolkit in conjunction with the pledge that helps companies in understanding the legal issues surrounding hiring a person with a criminal background, the importance of an evidence-based background check and the dynamics of acquiring and developing such talents as stated by industry leaders.

     

    read more at SHRM
  • SCREEN-OUTS REPLACE SCREEN-INS IN A TIGHT LABOR MARKET

    SCREEN-OUTS REPLACE SCREEN-INS IN A TIGHT LABOR MARKET

    News by Editorial Team 29 Jan 2019

    Screening out is making an exit and recruiters are going for screening in to fill in vacant positions as the unemployment rate hits a fifty year low. The new shift sees the recruiters moving from “must have” to “nice to have” as their skill requirements in a tight job market. A CareerBuilder data report says that 6*5 of HR managers were unable to find the right people for the job after they increased positions and 60% of them reported to have vacancies open for 12 or more weeks. The skill matching is taking a back seat as employees are focusing on a strong base and integrity.

     

    read more at HRDIVE
  • HR TECHNOLOGY GETS THE ADVANTAGE OF VARIETY AS TECH GIANTS MAKE A MOVE IN TO THE SCENE

    HR TECHNOLOGY GETS THE ADVANTAGE OF VARIETY AS TECH GIANTS MAKE A MOVE IN TO THE SCENE

    News by Editorial Team 29 Jan 2019

    HR leaders are finding more choices than ever in HR technology as big tech names like Microsoft, Google and Facebook are venturing into the domain. 2016 saw Facebook launch Workplace, an employee collaboration platform. Google followed in a similar path with a separate function of HR (recruitment), by launching its job search engine. Microsoft acquired LinkedIn and in 2018 took it a step ahead by channeling more investment towards its talent platforms. Josh Bersin, a longtime HR industry analyst says that Microsoft’s latest products focus on moving HR systems from the back office to the daily work routine of the employees.

     

    read more at SHRM
  • HR TECH MAY NOT REALIZE ITS FULL POTENTIAL IF IT NEGLECTS THE HUMAN ASPECT, SAYS STUDY

    HR TECH MAY NOT REALIZE ITS FULL POTENTIAL IF IT NEGLECTS THE HUMAN ASPECT, SAYS STUDY

    News by Editorial Team 29 Jan 2019

    Companies in APAC are not very pleased with the HR Tech platforms they currently have with just 45% finding the current technology they have satisfactory reveals a study by Alright Solutions. This is a 6% decrease from 2016-17 data, the explosive growth, however, is evident in automation field with nearly 80% of the companies evaluating and investing in a future structure to effectively accommodate this technology. Companies are increasing their weight on retaining the ‘human’ aspect in human resources and are deploying an increased number of HR Business Partners and Centre of Excellence. This phenomenon is resulting in erosion of the perceived value of both the roles. HR Generalists and HR operations/shared services need a considerable scaling up to fill in the big shoes of company expectations.

     

    read more at Human Resource Online

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