2019 World’s Best Workplaces, the list published by research and analytics firm, Great Places to Work, revealed that trust is the common trait employees want in a workplace. A great workplace is one where leaders demonstrate credibility, respect, and fairness. The list ranked 25 global organizations, led by Cisco Systems, which are providing a great workplace culture for 300,000.
In 2016, organizations spent USD 359 billion globally on training. However, the investment wasn’t worth it, as 75 percent of 1,500 managers surveyed say they were dissatisfied with their company’s learning and development function. Further, 75 percent of employees say they don’t have mastery of the skills needed for their jobs. 12 percent of employees apply new skills learned in L&D to their jobs.
Walmart is opening a training center in its distribution centers. Leading the initiative, the first center opened at the 1.2-million-square facility north of Dallas in Sanger, Texas, The Dallas Morning News reported. Supervisors for Walmart go through training in leadership, safety and supply chain, the newspaper further reported. The Sanger facility has 945 employees, and 50 managers graduated on Friday.
Alexis Ohanian, co-founder of Reddit, has been an advocate of paid paternity leave. After taking paternity leave himself, Ohanian has become an advocate of mandatory paid paternity leave. Google expanded its paid leave from 12 to 18 weeks post which the attrition rates decreased by 50 percent. The amount of paternity leave offered by employers affects candidates’ decision to choose a company, a survey says.
Research from Gartner found that employees are increasingly planning to stay put due to economic uncertainty. About 53% of the surveyed employees said they planned to stay in their jobs for the quarter Q2 2019, representing a 10 % increase from the last quarter. The uneasiness has also led employees to put in more discretionary efforts in solidifying their roles, noted Gartner.
According to research from Duke University’s Fuqua School of Business, military experience may work against some job candidates. The research conducted among nearly 3,000 managers, recruiters and other participants found that those involved in hiring often assume candidate with military experience are unemotional and impersonal. This mental-bias deprives candidates of roles that require emotional intelligence and interpersonal skills.
Sluggish network speeds topped the list of tech pain points among mobile workers, a Net Motion Software’s mobile employee experience report says. The report further found network issues and mobile applications that function worse than their desktop versions were remote workers’ digital pet peeves. More than 41 percent of respondents cited connectivity issues as their top frustration.
Over the last five years, employee turnover triggered by poor workplace culture drained nearly a quarter of a trillion dollars from businesses as workers fled managers, a new study released by SHRM says. The USD223 billion figure should push CEOs, who may have only talked about the importance of culture, to embrace the role culture in every company, the report further said.
As per the Cassidy-Sinema plan, announced in July, parents who qualify for the federal Child Tax Credit would have the option of taking an advance up to $5,000 upon the birth or adoption of a child. This is applicable to the adoption of children age six or less. Further, parents will receive an adjusted tax credit of $1,500 over the following 10 years.
On Wednesday, Volkswagen Group showed its support to Herbert Diess and Hans Dieter, company’s chief executive and chairman, who was indicted earlier this week on charges related to Dieselgate emissions-cheating scandal. Both men will stay remain in office, the board said in a statement. Dieselgate has cost the company 30 billion euros, including 2.3 billion euros in German fines.
The standard salary level will be raised from $455 to $684 a week under a new rule announced by the U.S Department of Labor. The rule will go into effect on January 1, 2020. Workers who earn less than $35,568 annually will be eligible for overtime pay. The current threshold of $23,700 was set by the George W. Bush in 2004.
A recent survey from Peakon, employee engagement platform, found that employees are most inclined to change their pay if they are given an opportunity. Next in line is communication. Effective communication can have a big impact on both employee engagement and strategic objectives, the survey further noted. Two-way communication within an organization “paves way for transparency, innovation, and profitability, Peakon says.
On Wednesday, Kevin Burns, CEO, Juul Labs, stepped down from his position at the company. Reportedly, the tobacco vaping company has been taking flak amid growing concerns about teenage vaping and legal challenges. KC Crosthwaite will replace Burns. Crosthwaite is chief strategy officer at Altria, the tobacco giant. The company holds Juul’s largest number of shares, the Guardian reports.
Walmart is expanding its Live Better U education benefit program, the company announced. The benefits program offers education related to health-related fields in partnership with Guild Education. Employees can apply for BA degrees in health science, health and wellness, and healthcare management. Additionally, employees can apply for career diplomas for pharmacy technicians and opticians.
On Tuesday, contract workers for Google in Pittsburgh voted to join the United Steelworkers, according to the union. Most of the Pittsburgh staff are data analysts for Google Shopping, the company’s product search service. Union Steelworkers union plans to expand and set its foothold in the technology sector. Previously, Google has been under fire due to various employee issues, Bloomberg reports.
New research from RAND Corporation says unclear career paths and unequal access to training pose substantial barriers to reskilling initiatives. Further, the report noted the workforce development is falling short on stakeholder’s needs. Equal access to learning and training, and matching and re-matching workers timely with jobs aligned to their skills can sort the reskilling problem.
A survey from Clutch revealed employees younger than 35 can differentiate between discussing politics at the office and discussing on social media. 45 percent of younger workers believe that companies should not clarify whether they can express political views while working or not. 29 percent of workers believe that companies should regulate political talk on social media.
Manny Fontenla- Novoa, boss of Thomas Cook, received 17m over four years following the company’s merger with MyTravel. Reportedly, Novoa’s big payout came at the expense of 2,800 workers who lost their jobs as a result of the merger. John McDonnell and other members from Labour’s party called on bosses of Thomas Cook. The company’s shares collapsed on Sunday. Hedge funds have made big profits from Thomas Cook’s collapse.
Fortune, the magazine, and Great Place to Work announced Hilton as the best place to work for women. Hilton is followed by Ultimate Software, Wegmans Food Markets, Inc., Cooley LLP; and Texas Health Resources. The results were based on the feedback from 4.6 million U.S. employees and women’s feedback in Great Place to Work’s 60-question trust index survey.
A Boston Consulting Group survey found out that offering flexible work offerings helps retain female employees. Men are equally inclined to flexibility in jobs, the survey further reported. Millennial men prefer the ability to decide when, where, and how much they work more than previous generations. Employers who offer flexibility in search of gender diversity are missing the full picture, BCG concluded.
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