In a recent report released by Indeed Hiring Lab, dated 11 February 2020 revealed there has been a significant increase (about 4.1%) in the rate at which employees switch their jobs since the Great Recession. The report revealed before the Great Recession, the workers switched their jobs at about 2.3% and attributed it to the stronger economy. Interestingly, job-hopping is more common in industries like accommodation and food services, administrative and support services.
According to a report by Jobs and Training report from D.C. Fiscal Policy Institute, dated 28 January 2020, Black workers in Washington DC don’t have access to high-paying jobs. This has created significant racial income disparities. The report also featured a collection of research studies, which revealed the unemployment levels in the Black community have failed to recover since the Great Recession.
According to a recent survey conducted by Gallup and Inside Higher Ed, dated 10 February 2020, about 38% of college faculty members felt they were respected at work. The survey conducted on about 1,900 tenured, non-tenured, tenure track faculty members stated full-time and tenured professors would be less likely to feel respected. The report also threw light on the fact respect is directly related to discrimination and harassment cases within the campus. The survey report also identified bullying, one of the most aggressive forms of disrespect, is widespread at various workplaces including education institutions.
The recent survey by Ponemon Institute dated 11 February 2020, revealed about 51% of IT professionals believe automation would take over their jobs, especially the ones in the IT security jobs. But the survey also shared the insights of about 54% of professionals who felt automation would not be able to replace ‘human intuition and hands-on experience.’ The survey also shared some interesting results like about 40% of professionals believed automation lowers human errors significantly and three in four professionals felt automation was not capable of taking-up certain tasks.
As the things get heated up at the home improvement stores, Home Depot kick starts its annual search for seasonal workers to meet the rush of customers. The retail store has started its search for 80,000 full and part-time seasonal workers. Most of the part-time positions would be for the workers in the retail store’s garden area, as that’s where the sales heat up during the spring season. The organization pointed out while the positions are seasonal, these are the surest way for getting absorbed in Home Depot permanently.
Eileen Naughton, the head of Google HR department to step down from her role at the tech titan as the tensions between the employees and managers continue to heat up. Google, once renowned for its corporate culture has been struggling with the cultural crises. Naughton revealed she is leaving for personal reasons, however, Google maintained Naughton would be with the organization in a still-undecided new role.
In a recent study shared by the University of Arkansas, dated 3 February 2020, it was revealed employees tend to be more productive at work when they could be their authentic selves at the workplace. The study interviewed about 2,500 working adults and revealed some interesting facts like the workers use two types of emotion regulation – surface acting and deep acting. The report also pointed out while authenticity was a great way to build trust between co-workers, it does come with limitations and the line between what is accepted and unaccepted is blurred.
According to Amanda Bergson-Shilcock, a senior fellow at the National Skills Coalition (NSC), there are millions of US workers who have limited or no digital skills required in tech-driven organizations. She pointed out the technology-related skills gap exists right from the entry-level workers to even the managers. She also pointed out two industries that were most tech-driven and where the employees lacked key digital skills.
As UniCredit, Italy’s biggest bank initiates its negotiation process with unions on 10 February 2020, regarding layoffs and branch closures, it confirmed its plans to slash 6000 jobs in the country over a period of four years. According to the news report by Reuters, the bank had revealed that there would be 5,500 jobs slashed in Italy under the new plan and about 450 branch closures in the coming years.
In a recent report released by the 2020 Large Employers' Leave Strategy and Transformation Survey, it was reported that large employers were planning to expand their paid leave benefits. The report also shared the results of 2019 wherein about 30% of the 113 employers surveyed had added new programs for paid leaves. The report also shared about 24% of employers had increased the length of leaves for their employees including 12% had expanded eligibility for leave benefits.
According to a survey by Indeed, dated 23 January 2020, revealed creating a culture of confidence in an organization could boost employee retention and productivity. The report stated about 98% of employees believed they performed well when they felt confident. In addition, 96% of employees surveyed also revealed that they would like to stay back in an organization if they felt confident. The report concluded with a message from the Indeed writer and researcher stating employers should nurture the culture of confidence.
According to the news report in Handelsblatt – a leading business newspaper – German luxury carmaker Daimler (DAIGn.DE) has intensified its cost-cutting measures and plans to cut up to 15,000 jobs. The report cited the organization’s resources and revealed the Daimler group had insinuated in November 2019 about its plans to slash at least 10,000 jobs and reduce the staff costs by around $1.5 billion by the end of 2022. The report also featured the future plans of the group stating the group would announce the expanded savings at its annual news conference on 11 January 2020.
In recent research conducted by Willis Towers Watson in association with Robert F Kennedy Human Rights dated 5 February 2020, threw light on how almost 87% of employers wanted to create a workplace dignity culture over the three years. The survey found out a workplace dignity culture promotes a positive environment with employees realizing their self-respect, pride, and self-worth. And it, in turn, influences talent retention and reduces turnovers.
According to the survey done by Layton Construction dated 4 February 2020, the new-gen employees seek windows to the outside world along with private and quiet spaces to work in their office spaces. The survey revealed natural lighting, free snacks & drinks, ergonomic chairs & desks were the top five things a new-gen employee wanted in her office space. The survey also revealed there were fewer to no takers for ping pong tables or pool.
The recent annual report by Employee Engagement & Retention released 29 January 2020 revealed some disturbing facts related to employee disengagement and higher turnover rates. The report revealed there has been a significant drop (of about 14 points) in the number of employees (about 33%) planning to stay put in their current organizations. It also shared there has been an increase (about 32%) in the employees who are undecided. An interesting revelation was the sense of detachment is common – compensation dissatisfaction, career advancement and appreciation at the workplace.
Another workforce discontent incident came to light at Amazon’s New York warehouse, when about 600 workers signed a petition for better working conditions. According to the petition signed, the workers demanded a consolidated break of 30 minutes rather than two 15 minutes’ break, along with more reliable public transit services to the warehouse. The workers who helped Amazon achieve its best Christmas last year is fighting for more humane working conditions.
LinkedIn Chief Executive Officer Jeff Weiner would step down from his position after 11 years. Weiner would be succeeded by Ryan Roslansky. Jeff Weiner would don the role of executive chairman at LinkedIn and would take charge from 1 June 2020. Weiner, as an executive chairman, plans to focus on preventing “network bias” on LinkedIn. Network bias is a term referring to people who hire and interact with people with similar backgrounds and education.
According to a recent report by The Journal of the American Osteopathic Association dated 3 February 2020, workers who worked at night, rotating or irregular shifts were at greater risk for health disorders like sleep disorders, metabolic syndrome. The report indicated it all elevates the risk of stroke, heart disease, and Type 2 diabetes. The researchers also pointed out that irregular shifts interfere with circadian rhythm and when it is desynchronized, the individuals suffer from hormonal disorders among other things.
In the study published in Workplace Health & Safety in January, revealed the responsibility to advocate for workplace lactation resource was still on the breastfeeding mothers. The survey had interviewed working mothers online and collected data through various cross-sectional surveys. The report revealed about 78% of women admitted to having access to private spaces for nursing, however, more than half (about 65.4%) reported access to it during break times.
In a recent official announcement dated 4 February 2020, Macy’s disclosed its plan to shut its 125 least productive stores over a period of three years. The move is an effort to curtail the rising cost and decreasing footfall at the malls. The move would also cut more than 2000 corporate jobs as a cost-saving effort. According to the official announcement, Macy’s would be closing its stores in ‘lower tier’ malls and explore other formats for its stores.
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