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  • US JOB MARKET IMPROVES FOR 55-YEARS-AND-OLDER WORKFORCE

    US JOB MARKET IMPROVES FOR 55-YEARS-AND-OLDER WORKFORCE

    News by Editorial Team 10 Jun 2019

    The unemployment rate of the 55-years-and-older workforce stood at 2.7% in May, down from 7.2% at the peak of the great recession. It was the fourth consecutive month in a row when the employment rate was below 3%. On the other hand, the employment rate of 55-years-and-older was at 38.7% down from its peak of 39.3% in February this year.

     

    read more at Forbes
  • IN ABSENCE OF LAWS DISCRIMINATION CONTINUES FOR LGBTQ EMPLOYEES

    IN ABSENCE OF LAWS DISCRIMINATION CONTINUES FOR LGBTQ EMPLOYEES

    News by Editorial Team 10 Jun 2019

    A study conducted on 330,000 employees (11,000 of whom identified as LGBTQ) in 28 federal agencies revealed that LGBTQ employees feel less-respected and are less satisfied in their jobs than their non-LGBTQ colleagues. Erin Cech, assistant professor of sociology, said “Of fundamental importance is the passage of basic non-discrimination laws for LGBTQ-identifying workers at the national level. “Though many laws protect LGBTQ community, none of the federal bills have yet been passed as law.

     

    read more at HRDIVE
  • EARLY SATURATION OF WOMEN'S PAY A CAUSE FOR CONCERN

    EARLY SATURATION OF WOMEN'S PAY A CAUSE FOR CONCERN

    News by Editorial Team 07 Jun 2019

    The gender-based disparity is significant as earning power ranges drastically with gender. The pace at which these wages increase differs too. Women’s earnings peak at $66,700 at age 44. For men, earnings peak at $101,200 at age 55.

     

    read more at HRDIVE
  • WALMART CEO BACKS HIGHER MINIMUM WAGE

    WALMART CEO BACKS HIGHER MINIMUM WAGE

    News by Editorial Team 07 Jun 2019

    McMillon, CEO of Walmart, has specifically demanded new legislation as he urges Congress to raise the federal minimum wage. He called the current $7.25 minimum wage “too low,” and said it’s “time for Congress to put a thoughtful plan in place” to increase it. Sanders, a Democratic presidential candidate has compelled Walmart to boost starting wages to $15 an hour.

     

    read more at HRDIVE
  • FEDEX WILL HIRE 700 NEW, FLEXIBLE DRIVERS

    FEDEX WILL HIRE 700 NEW, FLEXIBLE DRIVERS

    News by Editorial Team 07 Jun 2019

    FedEx Corp plans to hire 700 flexibles, part-time Express drivers in 160 U.S. residential and rural markets to cut down its high delivery costs. It is investing billions of dollars to cope with the boom. Delivering packages to the doorsteps is a costly process. These flexible drivers will get company vehicle, receive no benefits, work no more than four weekly shifts, and be paid $17.10 per hour.

     

    read more at Reuters
  • EY'S PAID PARENTAL LEAVE ARE WELL-RECEIVED

    EY'S PAID PARENTAL LEAVE ARE WELL-RECEIVED

    News by Editorial Team 06 Jun 2019

    During the past 2 years, Ernst & Young’s Parental Leave Program has resulted in doubling the percentage of men taking full leave. New dads also took longer leave in general in 2018. Parental leaves intend to equalize responsibility among men and women and improve female representation in the leadership positions.

     

    read more at HRDIVE
  • HYATT TO PAY $100K IN EEOC DISCRIMINATION SETTLEMENT

    HYATT TO PAY $100K IN EEOC DISCRIMINATION SETTLEMENT

    News by Editorial Team 06 Jun 2019

    In a recent lawsuit, Hyatt Corporation has agreed to pay $85,000 and provide six weeks of paid leave worth about $15,000 to an aggrieved employee. The employee claimed to have been discriminated on account of a back impairment. The U.S. Equal Employment Opportunity Commission (EEOC) explained that it’s sometimes sensible to offer low-cost accommodation such as a policy that allows for a chair and orange juice for a diabetic sales assistant.

     

    read more at HRDIVE
  • EX-SENIOR SUES GOLDMAN SACHS AFTER ALLEGEDLY BEING FIRED FOR BEING 'TOO GAY'

    EX-SENIOR SUES GOLDMAN SACHS AFTER ALLEGEDLY BEING FIRED FOR BEING 'TOO GAY'

    News by Editorial Team 06 Jun 2019

    Goldman Sachs was prosecuted by its former vice president, William Littleton, who claims the bank discriminated against him for being gay and then fired him after he criticized it. He was holding a position of senior LGBTQ leader at the firm and was fired after eight years of superior performance reviews. Bankers, on the other hand, called the suit baseless.

     

    read more at The Guardian
  • ZUCKERBERG SURVIVES LEADERSHIP VOTE

    ZUCKERBERG SURVIVES LEADERSHIP VOTE

    News by Editorial Team 04 Jun 2019

    A vote tally revealed that Facebook Inc investors will only get to vote Mark Zuckerberg’s pay every three years. Facebook has been under the weather because of a number of investigations over privacy on the social network. Earlier, few politicians had called for the company’s division. Investor proposals aimed to limit Zuckerberg’s power over the company he co-founded. The company urged to vote down these proposals.

     

    read more at Reuters
  • #KUTOO CAMPAIGN: JAPANESE WOMEN PROTEST AGAINST WEARING HIGH HEELS AT WORK

    #KUTOO CAMPAIGN: JAPANESE WOMEN PROTEST AGAINST WEARING HIGH HEELS AT WORK

    News by Editorial Team 04 Jun 2019

    Earlier this year, Yumi Ishikawa, a Japanese writer, tweeted and opined about the compulsion to wear heels during work hours. Following that, she started a #MeToo campaign on the same. She then told the reporters that they submitted the petition calling for the introduction of laws banning employers from forcing women to wear heels.

     

    read more at The Guardian
  • WORLD'S BIGGEST NUTELLA FACTORY BLOCKED BY STRIKING WORKERS

    WORLD'S BIGGEST NUTELLA FACTORY BLOCKED BY STRIKING WORKERS

    News by Editorial Team 04 Jun 2019

    A factory in northern France that makes a quarter of the world's Nutella has been blockaded by workers for a week. This is hampering the production of the popular breakfast spread for millions of Europeans. Reportedly, key ingredients are running low and the owners have cautioned to heavily fine the strikers. The striking workers are calling for a 4.5% pay raise, along with a €900 bonus.

     

    read more at The Guardian
  • SEPHORA TO SHUT US STORES FOR DIVERSITY TRAINING

    SEPHORA TO SHUT US STORES FOR DIVERSITY TRAINING

    News by Editorial Team 03 Jun 2019

    Sephora, a multinational chain of personal care and beauty, is going to shut all its US stores after a racial incident involving the R&B artist, SZA. The artist had said that she had been racially profiled while shopping at a Sephora store in California. This prompts Sephora to hold "inclusion workshops" on the morning on 5 June at its US stores as well as its distribution centers and corporate offices.

     

    read more at The Guardian
  • PAID SICK LEAVE A MUST IN MAINE

    PAID SICK LEAVE A MUST IN MAINE

    News by Editorial Team 03 Jun 2019

    Maine will be providing 1 hour of paid leave for every 40 hours worked, up to a maximum of 40 hours of paid leave per year which can be used after 120 days of employment. With this decision, it becomes the first state to mandate paid leave for any reason. This new policy will make employers reevaluate their current leave policies to ensure compliance with the new law.

     

    read more at HRDIVE
  • 50+ AND JOBLESS: AGE DISCRIMINATION STILL RAMPANT IN THE US JOB MARKET

    50+ AND JOBLESS: AGE DISCRIMINATION STILL RAMPANT IN THE US JOB MARKET

    News by Editorial Team 03 Jun 2019

    The Department of Labor's Bureau of Labor Statistics (BLS) found that forty percent of 55-and-older people are actively looking for work. Older workers are being considered outdated or incapable of learning new skills. BLS found five occupations where opportunities might come include real estate appraisers and assessors with 39% older workers and 14% growth projected; technical writers (45%, 11%); tax preparers (38%, 11%); property, real estate and community association managers (39%, 10%) and construction and building inspectors (39%, 10%).

     

    read more at HRDIVE
  • MITSUBISHI UFJ FINANCIAL GROUP OFFERS REDUNDANCY TO MDS IN LONDON

    MITSUBISHI UFJ FINANCIAL GROUP OFFERS REDUNDANCY TO MDS IN LONDON

    News by Editorial Team 31 May 2019

    Japanese bank, Mitsubishi UFJ Financial Group, has offered 500 directors and managing directors in London voluntary redundancy. A spokeswoman for the bank confirmed the managers were informed yesterday. Further, those who do not take voluntary redundancy will have to wait till summer to discover whether they will remain at the bank. Managers at the bank’s Japan, Paris, and North America location are not affected.

     

    read more at Financial News
  • PWC PAYS 25M TO CUT EMPLOYEES' STUDENT DEBT

    PWC PAYS 25M TO CUT EMPLOYEES' STUDENT DEBT

    News by Editorial Team 31 May 2019

    Price Waterhouse Coopers (PwC) has paid $25 million to eliminate its employees’ student debt, the company told in an email sent to HR Dive. As part of its pay-down program it created in 2016, it offers $1,200 per year to its associates and senior associates. U.S student debt totals near $1.4 trillion and accrues at a rate of $2,858 a second, Debt.org reports. 

     

    read more at HRDIVE
  • WHO LISTS BURNOUT AS OCCUPATIONAL PHENOMENON

    WHO LISTS BURNOUT AS OCCUPATIONAL PHENOMENON

    News by Editorial Team 31 May 2019

    WHO, in its 11th revision of the International Classification of Diseases (ICD-11), officially listed burnout as an “occupational phenomenon”. It described burnout as “a syndrome conceptualized as resulting from chronic workplace stress that has not been successfully managed.” The health organization classified burnout under “problems associated with employment or unemployment”. A 2018 university poll reported more than half of the employees experienced burnout.

     

    read more at HRDIVE
  • ELON MUSK URGES EMPLOYEES TO EXPEDITE DELIVERY

    ELON MUSK URGES EMPLOYEES TO EXPEDITE DELIVERY

    News by Editorial Team 30 May 2019

    Elon Musk, Chief Executive Officer of Tesla and SpaceX, wrote an email to Tesla employees urging them to hit a record delivery in the second quarter. The company produced 900 model-3 cars per day last week and has a target to deliver 7000 per week. The company is on course to break last year’s record, the email said.

     

    read more at Reuters
  • CALIFORNIA BILL GIVES EMPLOYEE STATUS TO CONTRACTORS

    CALIFORNIA BILL GIVES EMPLOYEE STATUS TO CONTRACTORS

    News by Editorial Team 30 May 2019

    California state assembly on Wednesday passed legislation that would recognize hundreds of thousands of contractors as employees. The bill will now move to the Senate. As per the bill, to be exempt from labor requirements, an employer needs to prove that workers have complete control over how services are provided and the service is not related to the employer’s main business.

     

    read more at The Guardian
  • WORK-LIFE BALANCE A PRIORITY FOR HOURLY WORKERS

    WORK-LIFE BALANCE A PRIORITY FOR HOURLY WORKERS

    News by Editorial Team 30 May 2019

    Work-life balance is a top priority for job satisfaction among hourly workers, revealed a new survey conducted by Shift board in partnership with Lux Insights. Among 2,150 U.S. hourly workers, 77 percent said work-life balance was needed to feel satisfied on the job. Being well-paid, having a positive boss/employee relationship, convenient work location, and performing enjoyable tasks were other job satisfaction drivers. 

     

    read more at HRDIVE

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