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  • MAJOR EMPLOYERS NAMED IN LAWSUIT FOR AGE-DISCRIMINATION

    MAJOR EMPLOYERS NAMED IN LAWSUIT FOR AGE-DISCRIMINATION

    News by Editorial Team 26 Dec 2017

    While many Silicon Valley start-ups subsidize food for employees, it is the Mountain View Council’s stand that local restaurant holdings should monetize the opportunity. Hence, as per the law enacted in 2014, enterprises leasing space in the region can subsidize staff meals provided they deal with the surrounding eateries, only. Facebook is the first tenant to move in to the area circumscribed by the law.

    read more at Fortune
  • FOES TURN FRIENDS, AS DARA NAMES BARNEY HARFORD UBER’S COO

    FOES TURN FRIENDS, AS DARA NAMES BARNEY HARFORD UBER’S COO

    News by Editorial Team 26 Dec 2017

    Moya Greene, the outgoing CEO of the Royal Mail might not have the best of farewells as the shareholders of the company refuse proposal to hike her compensation package. An overwhelming 70.17% votes said a vociferous ‘No’ at the annual meeting. With controversial past salary disclosures, Royal Mail would consult other representative bodies come autumn, rather than lock horns with their shareholders.

     

    read more at Bloomberg
  • ERIC SCHMIDT STEPS DOWN AS ALPHABET BRACES FOR CHANGE

    ERIC SCHMIDT STEPS DOWN AS ALPHABET BRACES FOR CHANGE

    News by Editorial Team 26 Dec 2017

    Having spent the last seven years as the Executive Chairman of Alphabet, Eric Schmidt will now serve in the capacity of a technical advisor to the company. Schmidt, whose tenure saw seven successful years at the top feels that “the time is right in Alphabets’ evolution for this transition”. The interim shall see a non-executive chairman in place. 

     

    read more at CNN
  • ALL’S THERE TO BE DONE, WITH A 37% GENDER PAY GAP

    ALL’S THERE TO BE DONE, WITH A 37% GENDER PAY GAP

    News by Editorial Team 21 Dec 2017

    Around 10% of the workforce will receive a pay-boost commencing this fall. The action has been called forth following an introspection of the yester year company policies, something that forced an apology from CEO Mark Parker in his town hall address. Nike’s workplace norms were becoming more of an issue with brand President Trevor Edwards, rumored to have exited the company failing to qu  

    read more at BBC
  • WHAT IF YOU COULD RECEIVE YOUR SALARY IN BITCOIN?

    WHAT IF YOU COULD RECEIVE YOUR SALARY IN BITCOIN?

    News by Editorial Team 21 Dec 2017

    GMO Internet which already has its fingers in the bitcoin business will now transfer the salaries as bitcoins, that is if its employees choose. The option has been made available to 4000 professionals of the GMO family. Japanese companies along with the bureaucracy show a strong favor of the cryptocurrency wave & such steps reflects their urge to spread awareness of the same.

     

    read more at The Guardian
  • NEW ZEALAND PM, GETS A BEFITTING GIFT FROM SECRET SANTA

    NEW ZEALAND PM, GETS A BEFITTING GIFT FROM SECRET SANTA

    News by Editorial Team 21 Dec 2017

    In a frenzy that has the entire world in its grips, New Zealand’s government organized nation-wide secret Santa gift swapping. Its youngest PM in about a century and a half, Jacinda Ardern participated and received an X-mas tree to mark the occasion. In return to she anonymously sent forward a book and somebody cream which was received by a female citizen, Rebecca Terry. 

     

    read more at The Guardian
  • HEAVILY UNDERSTAFFED NHS STRUGGLES TO FILL IN POSITIONS

    HEAVILY UNDERSTAFFED NHS STRUGGLES TO FILL IN POSITIONS

    News by Editorial Team 20 Dec 2017

    Repeated failure of National Health Services to staff vacant positions has caused the organization to bleed without healing. As much as 42, 855 nurses, 11, 187 doctors and 12,219 nurse support workers are needed to bring the situation to normal. The situation being so dire, there is a looming danger over the patients who have their reservations regarding their treatment.

     

    read more at The Guardian
  • AMAZON UK MIGHT FACE INVESTIGATION OVER MISLEADING CLAIMS

    AMAZON UK MIGHT FACE INVESTIGATION OVER MISLEADING CLAIMS

    News by Editorial Team 19 Dec 2017

    Workout programs for employee wellness have either been copy-pasted or reinvented time and again. Perhaps that’s why businesses are increasingly leaning towards the likes of Exos, which remodels fitness programs combining that with post-workout meals. Given that the startup is serving 25 of Fortune 100 companies, it's safe to say, as employers sweat it out in the fight for retention, employees are assured a promising return.

     

    read more at The Guardian
  • IS GENDER EQUALITY AN ISSUE OR ARE MEN THE REAL VICTIMS?

    IS GENDER EQUALITY AN ISSUE OR ARE MEN THE REAL VICTIMS?

    News by Editorial Team 18 Dec 2017

    Though a relatively small number, yet, employers are opening up to the possibility of making employee salaries public. Having become a vote-bank political tool, perhaps the awakening of sooner than later has struck U.S employers like CareHere, FogCreek and Hired who plan to reveal the salary brackets for all profiles. It has been argued that transparent pay equities would contribute to the productivity upon justifying the worth of an individua  

    read more at Fortune
  • BRAIN, MADE BETTER WITH A CHIP IN IT

    BRAIN, MADE BETTER WITH A CHIP IN IT

    News by Editorial Team 18 Dec 2017

    The recently released “Your Commute” feature on the world’s largest professional network is all set to make “the long commute to work” history for employers and prospective employees. The feature, which integrates with the mobile app, will also feature in job postings on the network and provide the added advantage of showing jobs in preferred locations to candidates. The move is welcomed by the majority as 85% of Americans “would tak  

    read more at The Guardian
  • COMPANIES SHOULD EXPECT THE BEST BUT PREPARE FOR THE WORST

    COMPANIES SHOULD EXPECT THE BEST BUT PREPARE FOR THE WORST

    News by Editorial Team 18 Dec 2017

    Tact.ai, a CRM centric startup has managed the impossible - to raise money in the same round from the above trio. And understandably so. Tact is aiming to reduce the gulf between data entry and retrieval in a CRM to optimize sales through its voice interface. The business developing function needs much streamlining, seeing that major business imperatives are already being consulted with the AI.

       

    read more at BBC
  • IS LEADERSHIP A PREROGATIVE OF MEN IN THE CYBER SECURITY SPACE?

    IS LEADERSHIP A PREROGATIVE OF MEN IN THE CYBER SECURITY SPACE?

    News by Editorial Team 14 Dec 2017

    Gender bias couldn’t be more evident in this industry, where among the Fortune 500 companies, 87% of Chief Information Security Officers (CISO) are men. Findings of a study also point to the fact that the CISOs are expected to have an MBA, with an inclination of hiring an executive from outside in 59% of the recruitments. 

     

    read more at Financial Express
  • DO EXTRAORDINARY PERKS PLAY A ROLE IN ATTRACTING TALENT?

    DO EXTRAORDINARY PERKS PLAY A ROLE IN ATTRACTING TALENT?

    News by Editorial Team 14 Dec 2017

    2,200 jobs from the non-manufacturing global units will get the boot by the troubled toy maker. Part of its cost saving schema also includes auctioning its factory hubs in Mexico. The restructuring raucous is being initiated to save up to $650 million. The downfall of Mattel’s once great customer Toys “R” Us and a lack of movie franchise partnerships have majorly anchored company shares by 9%.

     

    read more at Business Insider
  • DRIVERS DELIVERING AMAZON PACKAGES WORKING UNDER “HORRENDOUS” CONDITIONS

    DRIVERS DELIVERING AMAZON PACKAGES WORKING UNDER “HORRENDOUS” CONDITIONS

    News by Editorial Team 13 Dec 2017

    Underpaid and overworked, such is the state in which the drivers employed by a third party agency hired by Amazon are employed in. Complainants claim that their schedule is so heavily packed, that they exceed the maximum-work limit in a day, as per the UK law. The Driving & Vehicle Standard Agency has promised a prompt investigation into the matter. 

     

    read more at The Sun
  • FACEBOOK MAKES PUBLIC ITS POLICY ON PROFESSIONAL CONDUCT

    FACEBOOK MAKES PUBLIC ITS POLICY ON PROFESSIONAL CONDUCT

    News by Editorial Team 12 Dec 2017

    The social media giant wants to contribute towards this aspect of businesses as the COO, Sheryl Sandburg understands that “the more companies are open about their policies, the more we can all learn from one another”. Sincere efforts reflect in the company’s memorandum that appears to be more stringent than some government legislation.

     

    read more at Thw News Minute
  • THIS IS WHERE IT ALL STARTS, ROBOTS AS WAITERS!

    THIS IS WHERE IT ALL STARTS, ROBOTS AS WAITERS!

    News by Editorial Team 12 Dec 2017

    A restaurant in Chennai, India, is serving a glimpse of the future along with drinks on the rocks. The place that itself is named Robot, employs them to channel food to tables. Though not ready yet, to take orders, but soon new capabilities will be added to make them more efficient. Talk about employment generation, wonder how safe the restaurant staff feels about job-security. 

     

    read more at WION
  • APPLE MUSIC TO BE REVAMPED WITH THE ACQUISITION OF SHAZAM

    APPLE MUSIC TO BE REVAMPED WITH THE ACQUISITION OF SHAZAM

    News by Editorial Team 12 Dec 2017

    The song recognition app has been confirmed to be bought by Apple. With the acquisition, Apple stands to profit directly from using the expertise of Shazam to rival Google music, which also has a song recognition feature. The move came as Shazam was struggling to redefine their business model with revenues only touching the $54 million mark, last year.  

     

    read more at The Verge
  • ITS MORGAN STANLEY THIS TIME, TO BE PLAGUED BY PROFESSIONAL MISCONDUCT

    ITS MORGAN STANLEY THIS TIME, TO BE PLAGUED BY PROFESSIONAL MISCONDUCT

    News by Editorial Team 08 Dec 2017

    The 2005 housing boom, which saw young workers touch 11.7 million has dropped to 10.2 million. This was in 2016 but the picture looks no better today. The lure of employment has shifted to the digital economy which promises a life-long experience of relentless learning. That said, the lack of labor would only contribute towards rising house prices coupled with a shortfall in construction project delivery.

     

    read more at Fortune
  • McDONALD’S “MISFIRES”, BY ALLEGEDLY LAYING-OFF AUTISTIC MAN

    McDONALD’S “MISFIRES”, BY ALLEGEDLY LAYING-OFF AUTISTIC MAN

    News by Editorial Team 08 Dec 2017

    Angelica Martinez, sister of 19-year old Alex Martinez, claims her brother was fired for having “shaky-hands” within the first week of employment. Alex, who was open about his autism since the start, stated that the message was conveyed to his grandmother than him. The owner of the franchise has promised action following detailed questioning of his team.  

     

  • LIGHTNING MAY STRIKE TWICE FOR FEMA

    LIGHTNING MAY STRIKE TWICE FOR FEMA

    News by Editorial Team 08 Dec 2017

    The Federal Law constitutes regulation as per which some of the federal employees’ payment could be capped. This comes as bad news for the staff of the Federal Emergency Management Act (FEMA) who clocked in extra-time and were paid as such. As a consequence, paid-employees will be billed in the upcoming months for the sum exceeding the legal threshold limit.  

     

    read more at Fortune

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