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  • Wells Fargo announces special compensation for front-line workers!

    Wells Fargo announces special compensation for front-line workers!

    News by Editorial Team 24 Mar 2020

    In a recent development related to the deadly virus COVID-19, Wells Fargo & Co., joined hands with other US banks to pay out special compensation for its front-line workers amid coronavirus outbreak. The announcement was made in an internal memo seen by Reuters on 23 March 2020. The bank announced front-line workers like branch employees, call-center staff and technology specialists who have been coming to the office while others work from home due to coronavirus outbreak will receive an additional $200 per pay period with effect from 17 April 2020 up to their five paychecks. 

     

    read more at Reuters
  • Singapore Air cuts its capacity by 96% to fight COVID-19!

    Singapore Air cuts its capacity by 96% to fight COVID-19!

    News by Editorial Team 24 Mar 2020

    The global aviation industry struggles to fight the deadly coronavirus outbreak, with the airlines world-over grounding their fleets, putting numerous workers on unpaid leave and seeking state bailouts to survive the current crisis. Singapore Airlines on 23 March 2020 described the pandemic as the ‘greatest challenge’ ever informed that it will cut its capacity by 96% thus grounding almost the entire fleet and also cost cuts on about 10,000 employees because of coronavirus inflicted travel curbs.

     

    read more at Reuters
  • Instacart to hire 300,000 gig workers to meet surge in demand!

    Instacart to hire 300,000 gig workers to meet surge in demand!

    News by Editorial Team 24 Mar 2020

    Instacart – online shopping retail – announced on 23 March 2020 its plan to recruit 300,000 more gig workers to meet the ongoing online grocery demand as the people are forced to stay indoors due to coronavirus outbreak. The retailer added with the cities on lockdown the shoppers are forced to shop and store the necessary items.

     

    read more at Reuters
  • Lack of online security leaves organizations vulnerable!

    Lack of online security leaves organizations vulnerable!

    News by Editorial Team 23 Mar 2020

    According to The International Association of IT Asset Managers, in order to curb the spread of deadly coronavirus, organizations rushed into the remote work concept without giving proper thought to online security including how to secure their most sensitive data, and secured Wi-Fi connection. The lack of thought given to secure their online data may leave the organizations vulnerable to the threat of hackers and other cyber-related crimes.

     

    read more at HRDIVE
  • Amazon increases overtime wage for warehouse workers!

    Amazon increases overtime wage for warehouse workers!

    News by Editorial Team 23 Mar 2020

    In a recent announcement by Amazon.com Inc on Saturday 21 March 2020, the retail giant said it would increase the overtime pay for its warehouse workers in the US. The move came in the wake of the fast-growing demands of online shopping from the customers who were stuck at home during the deadly coronavirus outbreak. According to the statement, the hourly workers at the company’s US warehouses would receive double pay post 40 hours for overtime. The rate has increased from 1.5times the rate from March 15 through May 9 the statement revealed.

     

    read more at Reuters
  • Workplace transformation need equal CHROs participation!

    Workplace transformation need equal CHROs participation!

    News by Editorial Team 23 Mar 2020

    The recent report by Infosys Knowledge Institute survey reveals CEOs are the most influential individuals in driving a workplace transformation plan, ousting the role of CHROs in any such planning. The report revealed only about three percent of CHROs were behind the influential transformation decision, while about only a handful of CHROs only 19% of them contributed to road mapping.  

     

    read more at HRDIVE
  • Tech constraints cripple remote work efforts at the US banks!

    Tech constraints cripple remote work efforts at the US banks!

    News by Editorial Team 20 Mar 2020

    In the recent development, Citigroup Inc. had asked its non-essential workers across North America to keep a hold on logging into its remote access system until 1 p.m. on Thursday 19 March 2020. According to the reliable resources the bank braced for numerous employees starting their work-from-home. The move was meant to minimize the time Europe-based employees and the US-based employees were logged in and also to prevent the system from being hanged. 

     

    read more at Reuters
  • Walmart hires 150,000 workers to accommodate shoppers' demand!

    Walmart hires 150,000 workers to accommodate shoppers' demand!

    News by Editorial Team 20 Mar 2020

    The retail giant Walmart announced on 19 March 2020, the organization will hire more than 150,000 daily hour workers in the US to accommodate the increasing demand of shoppers amid coronavirus pandemic. It also announced that the organization will play a special cash bonus of $300 to full-time hourly employees and $150 to part-time associates. The announcement also stated that the company will also accelerate the next scheduled quarterly bonus for employees.

     

    read more at Reuters
  • Coronavirus affect nine million jobs in the US!

    Coronavirus affect nine million jobs in the US!

    News by Editorial Team 20 Mar 2020

    According to Challenger, Gray & Christmas Inc.’s report – the global outplacement and executive and business coaching firm – the recent estimate of job cuts was at 3,634 as of March 18. The report also shared that more than nine million jobs in leisure & hospitality will be affected by restaurant and bar closures across 13 states and three cities in the US. In another report by the Wall Street Journal, the US Secretary of Treasury Steven Mnuchin revealed that the unemployment rate could hit 20% if no action is taken.

     

    read more at HRDIVE
  • Tesla to cut its staff by 75% amidst lockdown orders!

    Tesla to cut its staff by 75% amidst lockdown orders!

    News by Editorial Team 19 Mar 2020

    In a recent development in the coronavirus outbreak, Tesla Inc is the latest organization that has announced a staff cut of about 75% in the wake of coronavirus lockdown. The move will be initiated at the company-owned lone US assembly plant in California after the initial resistance of an order from the local sheriff. According to the county spokesman, the company was in talks about measures to comply with a regional lockdown to curb the spread of coronavirus.

     

    read more at Reuters
  • Qantas stands down 20,000 workers amid COVID-19 scare!

    Qantas stands down 20,000 workers amid COVID-19 scare!

    News by Editorial Team 19 Mar 2020

    The deadly coronavirus outbreak is affecting the aviation industry globally. With Qantas being another airline that has taken the hit amidst the crisis. The airline in a recent announcement stated that the airline will stand down about two-thirds of its 30,000-strong workforce without pay and will also end international flights. The decision came in the wake of a rescue package of $715 million, unveiled by the government on 18 March 2020. The Union, enraged with the decision, demands that the rescue money for an airline should cover workers’ costs as well.

     

    read more at The Guardian
  • Trump signs emergency coronavirus bill grants paid sick leave!

    Trump signs emergency coronavirus bill grants paid sick leave!

    News by Editorial Team 19 Mar 2020

    According to various media reports, US President Donald Trump signed an emergency bill to expand family and medical leave along with guaranteed paid sick leave for certain US workers. The bill was signed on Wednesday, 18 March 2020 and will also include workers who have been employed by private entities or even individuals who have the employment count of fewer than 500 employees. The bill will come into effect by 2 April 2020.

     

    read more at HRDIVE
  • US Airlines reduce workforce to cut cost & save for future!

    US Airlines reduce workforce to cut cost & save for future!

    News by Editorial Team 18 Mar 2020

    In another development related to the global spread of deadly coronavirus, the airline industry has taken a major hit fight back with reduction in its employees. The move initiated by American Airline Group Inc and Delta Air Lines Inc and reported by Reuters revealed a disturbing trend in the industry. As per these leading industries, airlines will take a longer time to bounce back, so they have to cut costs and reduce their workforce by either offering early retirement packages or unpaid leaves for 12 months with medical benefits.

     

    read more at Reuters
  • Medical marijuana laws subject employees to discrimination!

    Medical marijuana laws subject employees to discrimination!

    News by Editorial Team 18 Mar 2020

    Conflicting medical Marijuana of the state and Federal have exposed employees to open discrimination. The case came into light when Justin Wild was fired from his role because Wild had used marijuana as part of his cancer treatment. A lawsuit was filed by Wild alleging that his employer violated New Jersey’s Law Against Discrimination. The law protects employees with disabilities from discrimination. While the use of marijuana for medical purposes, federal law still opposes it and considers it illegal. Thus leaving the employees in a state of limbo.

     

    read more at HRDIVE
  • Amazon hires 100,000 employees as online demand surges!

    Amazon hires 100,000 employees as online demand surges!

    News by Editorial Team 17 Mar 2020

    In a recent announcement by Amazon.com Inc. on 16 March 2020, the organization stated it would be hiring about 100, 000 workers for warehouse and deliveries in the US. The organization revealed it would be to deal with the rising online orders, that have spurred up due to coronavirus lockdown, as consumers turned to online shopping to meet their needs during the crisis. Apart from Amazon, supermarkets chains had also hired new workers to fulfill the increasing demand. The retail giants are turning to workers who are out of the job due to coronavirus outbreak.

     

    read more at Reuters
  • Pros with work-from-home concept are more engaged: A study!

    Pros with work-from-home concept are more engaged: A study!

    News by Editorial Team 17 Mar 2020

    According to recent research by Forrester’s EX index, dated 4 March 2020, information professionals who are working from home frequently were more likely to be engaged in their professional responsibilities. The research offered an analysis of how technology played an important role in both employees’ experience and engagement. The study also revealed the flexibility to work from home with good conditions for staying focused on the work in hand offered a retreat for professionals from the regular distractions of an office environment.

     

    read more at HRDIVE
  • Oil companies mobilize health checks & remote work rules!

    Oil companies mobilize health checks & remote work rules!

    News by Editorial Team 16 Mar 2020

    The leading oil giants in the US, have taken their cue from other companies in the State and has imposed work-from-home rules for office staff. The major energy companies in the US have also started health checks for staff members who work remotely or who are at major health risks, as the deadly coronavirus spreads and threatens the entire industry reeling from falling oil demand and profits.

     

    read more at Reuters
  • Workplace culture needs more efforts: A study!

    Workplace culture needs more efforts: A study!

    News by Editorial Team 16 Mar 2020

    According to the recent study released by Emtrain dated 10 March 2020, the workplace culture in numerous organizations is still toxic despite the MeToo movement. The Emtrain Workplace Culture Report 2020 revealed some disturbing facts including the fact about employees about 83% of them will not report harassment even if they saw it. In addition, about 41% of workers don’t trust management to take the report seriously. The study had analyzed a dataset of about 2.5 million responses in which more than 40,000 employees had contributed.

     

    read more at HRDIVE
  • Google responds to COVID-19 encourages remote work!

    Google responds to COVID-19 encourages remote work!

    News by Editorial Team 16 Mar 2020

    Google, the tech giant, in a recent development, has encouraged its employees in North America, Europe, Africa, and the Middle East to work remotely beginning 12 March 2020. The organization in a mail, confirming the announcement, revealed the goal is to reduce the density of people in the offices. Google further stated as per the expert advice, this may slow the spread of COVID-19 confirmed the announcement in a mail to HR Dive. The organization also announced that hourly workers will be duly compensated for their stipulated hours.

     

    read more at HRDIVE
  • Twitter's 2020 diversity report shows promise!

    Twitter's 2020 diversity report shows promise!

    News by Editorial Team 13 Mar 2020

    The latest diversity report published by Twitter on Wednesday, revealed, for the sixth consecutive year, the majority of staff at the social media platform is white of Asian and skews male. According to the reports, the social platform has made good progress on its two-year diversity targets for women, black and Latin employees – meeting and in some cases even exceeding its goals.

     

    read more at Forbes

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