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  • Britain's Prudential to focus on Asia, Africa markets!

    Britain's Prudential to focus on Asia, Africa markets!

    News by Editorial Team 12 Aug 2020

    In a recent announcement made by British life insurer Prudential, it was revealed that it planned to spin off its US business Jackson and would be focusing on Africa and its largest market Asia. The announcement was made on Tuesday and was in a response to investor pressure for a split. Prudential’s shares hit eight-week high as investors cheered the news that the company would follow in the footsteps of its peers.

     

    read more at Reuters
  • Amazon crossed 1,000 hires at its Nashville office!

    Amazon crossed 1,000 hires at its Nashville office!

    News by Editorial Team 12 Aug 2020

    Amazon, the retail ecommerce giant on Tuesday announced it had hired 1,000 employees at its Nashville, Tennessee office. With this announcement Amazon’s SVP of retail operations, Dave Clark, revealed that the company is ‘ahead of schedule,’ in its efforts to bring about 5,000 jobs to Nashville. Amazon had selected Nashville as its East Coast logistics hub, dubbed the Operations Center of Excellence in 2018. 

     

    read more at CNBC
  • Uber CEO campaigned for 'third way' to gig workers' classification!

    Uber CEO campaigned for 'third way' to gig workers' classification!

    News by Editorial Team 11 Aug 2020

    While Uber fights a lawsuit from the California attorney general claiming that the company had denied benefits to its drivers, the Uber CEO Dara Khosrowshahi laid out his argument for a ‘third way’ to classify gig workers. Khosrowshahi had shared his argument in a New York Times op-ed published on Monday and came at a time when the company was fighting the lawsuit. As per the lawsuit, Uber had falsely classified them as contractors. According to the op-ed, Uber CEO had suggested companies relying on gig work should be required by law to create benefit funds that could be used by workers.

     

    read more at CNBC
  • McDonalds sues ex-CEO over alleged intimate relations with employees!

    McDonalds sues ex-CEO over alleged intimate relations with employees!

    News by Editorial Team 11 Aug 2020

    In a recent turn of events, McDonalds had sued its ex-CEO Steve Easterbook in Delaware state court to take back his compensation and 26 weeks of severance benefits. According to a Securities and Exchange Commission filing on Monday, it was claimed that the ousted executive had lied during the restaurant’s internal probe into his consensual relationship with an employee. The QSR also claimed that it received an anonymous tip in July, claiming that Easterbook had a physical relationship with an employee despite his denial, which prompted further investigation.

     

    read more at HRDIVE
  • Payroll tax holiday may cost workers more in 2021!

    Payroll tax holiday may cost workers more in 2021!

    News by Editorial Team 11 Aug 2020

    According to tax experts, it is believed that President Donald Trump’s payroll tax deferral plan could spell a bad news for the workers, as payroll tax holiday could result in higher tax bills for employees in 2021. While the lawmakers remained at a deadlock over coronavirus relief efforts last week, Trump had signed a package of four executive orders on 8 August, 2020. Temporary deferral of the employee’s share of the payroll tax for workers who earned no more than $104,000 per year.

     

    read more at CNBC
  • Burlington Coat factory to settle two FLSA suits with $20 million!

    Burlington Coat factory to settle two FLSA suits with $20 million!

    News by Editorial Team 10 Aug 2020

    Burlington Coat Factory faced two FLSA lawsuits when its assistant store managers claimed that they were deprived of overtime pay. The lawsuits brought by the assistant store managers claimed that while they worked for more than 40 hours in a workweek, they were deprived of overtime as they were misclassified as exempt under state and federal wage and hour laws. The preliminary approval of the settlement would be granted by a New Jersey federal trial judge.

     

    read more at HRDIVE
  • Delta urges its employees to take unpaid leave to avoid furloughs!

    Delta urges its employees to take unpaid leave to avoid furloughs!

    News by Editorial Team 10 Aug 2020

    With air travel still not picking up amid the COVID-19 scare, Delta Airlines encouraged its cabin crew to either take a year off or consider other options to avoid involuntary furloughs. According Allison Ausband – senior vice president of Delta in-flight service – the company had confirmed that they would be over-staffed from October into the summer of 2021.

     

    read more at CNBC
  • EEOC resumes the issuance of charge closure documents!

    EEOC resumes the issuance of charge closure documents!

    News by Editorial Team 10 Aug 2020

    According to the announcement made by the US Equal Employment Opportunity Commission (EEOC), the agency confirmed that it had resumed the issuance of charge closure documents thus ending a temporary suspension due to the COVID-19 pandemic. The announcement was made on 3rd August, 2020. The agency had announced the temporarily suspension on 21 March, 2020 and had said it would only resume it when charging parties would request them.

     

    read more at HRDIVE
  • US labor market still struggles amid COVID-19 resurgence!

    US labor market still struggles amid COVID-19 resurgence!

    News by Editorial Team 07 Aug 2020

    While there has been a decline in the number of Americans who sought jobless benefits, there is a staggering 31.3 million people who received unemployment checks in mid-July. The current market scenario suggested the labor market was stalling as the country battled a resurgence in new COVID-19 cases that is threatened a budding economy recovery. Another report on the market revealed a surge of 54% in job cuts that were announced by employers in July.

     

    read more at Reuters
  • Scotts agrees for $3.1 million settlement claim over workweek fluctuations!

    Scotts agrees for $3.1 million settlement claim over workweek fluctuations!

    News by Editorial Team 07 Aug 2020

    In another incident the Scotts Co. had agreed to pay about $3.1 million as a settlement claim to put a rest to the state and federal wage and hour claims by lawn care workers in various states. According to the lawsuit filed by the workers – who provided lawn care services to the Scotts’ customers – alleged that the employer misapplied the ‘fluctuating workweek’ method in paying the wages. Thus violating the requirements of the Fair Labor Standards Act (FLSA).

     

    read more at HRDIVE
  • New Jersey's faces lawsuit for federal law violation!

    New Jersey's faces lawsuit for federal law violation!

    News by Editorial Team 07 Aug 2020

    Another lawsuit filed, this time to help the workers of New Jersey. In a recent development, a business-backed group had filed a lawsuit that claimed New Jersey’s new law – which required employers to give workers more advanced notice before laying them off – violated the federal law that governed employee benefits. 

     

    read more at Reuters
  • Federal judge approves disparate treatment suit for $75K!

    Federal judge approves disparate treatment suit for $75K!

    News by Editorial Team 06 Aug 2020

    In a recent development a federal judge approved a settlement of $75,000 between UPS Freight and the US Equal Employment Opportunity Commission(EEOC), which resolved the agency’s claims that UPS demonstrated disparate treatment toward drivers with disabilities who temporarily sought non-driving work. According to the lawsuit, EEOC had also challenged a collective bargaining agreement between UPS Freight and the Teamsters ‘under which drivers with disabilities could be reassigned to non-driving work for medical reasons but with 10% less rates as compared to drivers reassigned for non-medical reasons.

     

    read more at HRDIVE
  • US market recovery seems to be slow: Report!

    US market recovery seems to be slow: Report!

    News by Editorial Team 06 Aug 2020

    The recent reports by Labor Department reveal disturbing facts. The reports revealed that far fewer hiring as expected in July because companies had exhausted loans to help with wages and new COVID-19 infections flared up across the country. The entire situation supported the view that the nascent economy recovery was faltering. The reports revealed that there had been a sharp decline in the job growth in July, however, there was other data that showed services sector gained momentum as the new orders raced to a record high, but a sharp decline in hiring.

     

    read more at Reuters
  • 'Workforce training' a must for California employers!

    'Workforce training' a must for California employers!

    News by Editorial Team 06 Aug 2020

    According to the COVID-19 Employer Playbook for a Safe Reopening, issued by the California Department of Public Health, dated 31 July 2020, workforce training is one of the seven elements California employers must include in their preparedness, response, and control plans for coronavirus. The guideline also emphasized that plans must also include identification of areas and job tasks with potential exposure risk and control measures for such risks. The training aims to impart the basic knowledge about COVID-19. The guideline also emphasized that employer education should cover safety measures like social distancing, handwashing, and mask-wearing practices.

     

    read more at HRDIVE
  • Exxon intends to suspend retirement plans to save cost!

    Exxon intends to suspend retirement plans to save cost!

    News by Editorial Team 05 Aug 2020

    In an internal memo, Exxon Mobil Corp informed the employees, it would start suspending the employer match to retirement savings plans beginning in early October. The company shared the information on Tuesday. According to a copy of message, the move is aimed to reduce various costs. 

     

    read more at Reuters
  • Federal judge strikes down DOL regulations!

    Federal judge strikes down DOL regulations!

    News by Editorial Team 05 Aug 2020

    According to a federal judge ruling, various features of the US Department of Labor’s (DOL) regulations implementing the paid-leave provisions of the Families First Coronavirus Response Act (FFCRA) had exceeded the agency’s authority under federal law. The struck-down DOL regulations include the final rule’s work-availability requirement; it’s definition of ‘health care provider’ for the purposes of excluding certain healthcare sector employees from emergency leave benefits among others.

     

    read more at HRDIVE
  • Walmart to pay $20m to settle claims over physical ability tests!

    Walmart to pay $20m to settle claims over physical ability tests!

    News by Editorial Team 05 Aug 2020

    In a recent development related to Walmart Inc, the retail giant had agreed to pay $20 million to settle claims over physical ability tests. The retail giant had come under scanner by the Equal Employment Opportunity Commission (EEOC) over its practice of giving the applicants at grocery warehouses physical ability tests across the country. Thus making it more difficult for women to find a job with Walmart.

     

    read more at Reuters
  • New medical rule by OSHA is a 'mixed bag' for employers!

    New medical rule by OSHA is a 'mixed bag' for employers!

    News by Editorial Team 04 Aug 2020

    According to the new and final rule published by the US Department of Labor’s Occupational Safety and Health Administration (OSHA), it has revised the rules that determine how agency personnel would obtain and use personally-identifiable employee medical information. The rule was published on 30 July, 2020. According to the new rule OSHA’s medical records officer would now approve written medical access orders.

     

    read more at HRDIVE
  • Airlines seek additional federal aid to avoid layoffs!

    Airlines seek additional federal aid to avoid layoffs!

    News by Editorial Team 04 Aug 2020

    In order to avoid layoffs that are looming ahead for airlines this fall, the unions and airlines seek additional federal aid. Airlines earlier had received $32 billion in federal payroll support in the $2.2 trillion CARES Act. The aid had prohibited job cuts through 30th September, however, there has been no rebound, and the labor union of airlines started pushing for an extension of $32 billion in federal aid to preserve jobs.

     

    read more at CNBC
  • Court withholds disciplinary bias claims of a Walmart worker!

    Court withholds disciplinary bias claims of a Walmart worker!

    News by Editorial Team 04 Aug 2020

    In a recent ruling by a federal district court, it was brought to the notice that an aspiring Walmart manager didn’t apply for the position above assistant manager was not detrimental to her career. One, Sarah Hernandez, who worked for several Illinois Walmart stores, began her career as an associate and moved up the ladder by obtaining promotions like department manager and manager in training program (MIT). Hernandez claimed that post her MIT program her manager treated her differently from the male managers and made her clear that he would not support further promotions.

     

    read more at HRDIVE

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