Job-security shouldn’t be an issue for a skilled-workforce as long as it keeps itself abreast with the latest demand. This is the mantra being embraced by the United Overseas Bank (UOB) who is looking forward to imparting a new set of expertise to 900 personnel. The group shall be subject to training in various disciplines of the finance industr
The top six male presenters at BBC have all agreed to lesser salaries, following Carrie Grace’s controversial resignation from BBC China. The list which includes personalities like Nick Robinson, Jeremy Vine, & John Humphrys, is now rumoured to be paid almost half of what they received earlier. Carrie, who left the media conglomerate earlier this year referred to the pay-policy as “secretive and illegal”.
We might be fifteen years within touching distance of making our brains more efficient with a chip, this according to Bryan Johnson, the CEO of Kernel. Successfully selling his previous venture for $800 million while dealing with depression, Bryan believes this would make possible for humans to battle brain-conditions like Alzeihmers’ & drug-addiction. Signs in neuro-prosthesis suggest injectable processors are closer to reality than brain-chips however.
While new disruptions have been set in motion by the electric car manufacturer, it continues to face one lawsuit after another. Not in the distant past, a gay-employee filed a case accusing Tesla of firing him on discriminatory grounds. In yet another case, another employee is taking the company to court, as he faced prolonged harassment, subsequent to which he was fired for “poor performance”.
McKinsey Global Institute, in its recent report covering 46 nations and 800 occupations, stated- machine operators, back-office employees, and fast-food workers up to the margin of 800 million workers may lose their jobs to automation by 2030. What remains to be seen is how the professions evolve on skills and talent to keep up with the latest advancements.
Although the app is being vehemently used by people to upload photos, its other side allows job-seekers to have an inside-peek into a company’s culture & policies. The platform is dawning a LinkedIn-like impression wherein the employers also get to source talented profiles & avoid potential misfits. Global corporations already leveraging this social network include the Bechtel, Mckesson & Schneider Electric.
"Robin Leopold was named the new head of human resources on Thursday by JP Morgan Chase & Co which sets the stage for her as the fourth women on the operating committee when she officially takes over the reins in February. She joined JP Morgan in 2010 and has spent 20 years at Citigroup in various human resources roles. The earlier incumbent John Donnelly is scheduled to hold the post of Vice Chairman and Senior Advisor to the CEO Jamie Dimon. He will look after the matters of executive succession, recruitment and coaching with Dimon whom he has already worked for 30 years. "
Nissan might give drivers a run for their livelihood as it test-drove its Infiniti Q50 model last month. With that, it put to test its autonomous drive technology, which on the contrary promises a skilled workforce. Tetsuya Iijima says "We have tried to attain with this vehicle .... comfortable driving". To the car-manufacturers pleasure, it passed with flying colors as the vehicle drove approximately 12 miles without human intervention. This follows a series of previous tests performed in 2013, 2015 & 2016.
Electronic device maker Omron turned quite a few heads across the world at the Consumer Electronics Show. Forpheus, an AI-driven ping-pong player that learnt it’s opponent’s playing behavior in real time and responded with gameplay accordingly. This adds yet another implication in the AI and human jobs phenomenon. With minimum latency in computation, jobs that require instant, intelligent responses are expected to see significant amounts of assistance from AI.
After being associated with Apple over a 20-year period, Denise Young Smith, who was VP of Diversity and Inclusion has stepped down from the position. She was only 6 months into this leadership role. The company has lined up Christie Smith, a longstanding Deloitte loyalist as her replacement. Denise’ style of leadership had raised eye-brows with objectionable comments, in initial months of
Traditional policies pertaining to vacations are moving to the back burner in view of the new trend of mandatory vacations. A Harvard Business Review study, based on Institute for Global Happiness’ report on aviation strategy firm Simpliflying’s strategy that enforced a paid vacation for employees for every seven weeks of vacations taken, reported an astonishing 33% increase of creativity, 25% increase in happiness and 31% increase in productivity among staff.
The shocking incident happened in Singapore when a machine operator assaulted an HR manager for not returning his passport, leaving the victim with a fractured wrist. Du Shuxin pleaded guilty to using a hammer to injure Koh Chong Ming, his HR manager, at Yangbum Engineering's Woodland Link, where they both were employees. The assaulter was sentenced to nine months’ imprisonment and two strokes of cane on the 15th of August.
Workforce Singapore, in coordination with the Ministry of Home Affairs and the Ministry of Defence, have stepped up their efforts to provide more targeted educational and employment assistance to the National Servicemen. The Enhanced Career and Education Fair, conducted recently, featured 2000 jobs from 30 companies. The Virtual Career fair is aimed at providing the tech-savvy National Service staff access to opportunities in education and employment, based on their interests at the time of registration.
The icon HRIS, largely known as one of the most popular platforms in the SMB community in the US, has recently had another functionality integrated into it, it’s maker Unicorn Software announced today. This cloud based HR solution will now have an API that will allow employers to further optimize their processes within the platform for increased efficiencies in recruitment, attendance recording, and benefits administration.
The plight of migrant workers never seems to end, and when such incidents are reported in Singapore, it’s alarming. Migrant Workers Centre recently went on an inspection drive in at Geylang Lorong and found workers being herded in deplorable conditions. The MWC has recommended stern action against the employer by the local authorities when they found that the workers from Bangladesh were living in inhumane conditions, forced by the employer, while their work permits canceled.
Wayne Burt Precision Technologies Pte. Ltd., a Singapore-based oil and gas equipment manufacturer is under the scanner for failing to pay, 24 employees, their salaries. The Ministry of Manpower (MOM) charged the company with 91 charges under Singapore’s Employment Act (EA) which lays down an example, in sternest voice, about the employee rights and employment obli
Billionaire Nick Woodman hasn’t seen darker days. The GoPro CEO, once one of the richest men on the planet, announced his pay slash to $1, even as the company prepares to lay off around 250 employees across the world and stop selling drones. Go Pro has struggled to reach profitability in the past couple of years, while also seeing a sharp decline in its market capitalization. Nick Woodman has stated that they will fight back aggressively, introducing new products and slashing prices on its existing lines, which it
After the uproar over the notorious Google memo, skeletons are falling out of the closet about the rampant sexism prevalent in the tech industry. Serial Entrepreneur Donna Harris recently published an explosive article recounting her days working at Oracle and in her own startups, where she was repeatedly made advances at, citing sexual harassment she has faced in her profession for over two decades. Harris said she didn’t complain to the HR because she was taught to be ‘nice’, a cultural standpoint that prevents many such cases coming to the limelight.
"Thoughtworks, the global technology company, recently announced the relaunch of its popular ‘Vapasi” program for women developers who have taken or are currently on a career break, to re-enter the corporate world. A mix of re-orientation and hiring for this segment of the technology workforce, the program will include a specially designed recruitment procedure and a bootcamp for returning women developers in object oriented programming. "
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.
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