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A Randstad USA study says 47 percent of job candidates avoid companies with negative reviews. Most companies tend to ignore employee satisfaction review which in turn jeopardize their corporate brand. In this scenario, companies need to get positive reviews for themselves. Hires who use Glassdoor have a 30 percent greater retention rate, Glassdoor reports.
A poll conducted by Hired, a career marketplace firm, found Google and Airbnb to the two most desirable tech companies for employees. Google and Airbnb fell on Hired’s 2019 publicly traded and privately owned lists, respectively. Hired polled 3,600 tech candidates on each company’s “brand positivity index”, a measure of candidates interested in working for a company.
EVP or Employee Value Proposition is a new concept in which companies are now applying to keep employees with them. EVPs go beyond compensation and include other benefits for employees. To make this concrete, 180 CEOs of major U.S. companies signed a statement redefining the “purpose of a corporation” as delivering value to their stakeholders including employees, HR Dive says.
Morgan Stanley has hired Jean De Miramon as managing director and head of chemicals banking for EMEA. Miramon spent 22 years working as a chemicals investment banker. Recently, he served as vice chairman and head of chemicals banking at Barclays. Reportedly, he was among the pioneers of BofA and dealt with key client’s in the chemicals sector.
On Tuesday, LinkedIn announced the launch of a skills assessment tool through which users can test their knowledge. Reportedly, 75 percent of human resources professionals are facing challenges in recruiting due to skill shortage. The tool is aimed to encourage skill development among LinkedIn users. The initiative will match potential employees with the right employers.
“Seen by Indeed” is a new recruiting platform from Indeed. The recruiting platform will connect recruiters with candidates for the “hardest-to-fill tech roles”, Indeed announced on its blog. Unlike the predecessor, Indeed Prime, which focused on recruiting the most qualified tech talent for a small number of roles, Seen is speculated to match employers of all sizes.
Women have accused the Walt Disney Company of gender discrimination in a class-action pay gap case. The lawsuit alleges that divisions across Disney mistreat women by giving them lower salaries than male colleagues doing equivalent work and by denying them promotions. On Wednesday, four more women came forward and filed a complaint against the company.
General Motors Co. has cut off health care coverage for its striking members. In turn, the United Auto Workers is providing union-funded cover COBRA option to workers, the union’s website says. The union’s attorneys are checking if GM is allowed to end medical coverage immediately, said Terry Dittes, Vice President of the union. GM’s action “will be reviewed…”, Dittes wrote.
Employability rules are shifting. The future of work demands different types of skills and competencies than those taught by higher education, says Andrea Backman, Chief Employability officer at Strategic Education Inc. Employers are looking for a mix of skills and behaviors, Backman told HR in an email interview. Drive and agility are important as technology continues to reshape work.
Walmart has allegedly discriminated against 178 female workers by paying them less, denying them promotions or both because of their gender, the U.S Equal Employment Opportunity Commission said in memos. The agency has urged the company and complainants to come to a resolution after concluding there was gender discrimination. Memos were released in July but were first reported by the Wall Street Journal.
On Thursday, staffing company Randstad said that it will fill more than 17,000 positions nationwide for the upcoming holiday season. These jobs comprise various roles including customer service, warehouse, support, and industrial categories and pay between $11 and $18 per hour. The increase in jobs is due to the approaching holiday season. Many employers have started ramping for this busy period.
A new survey conducted by data and analytics firm Qlik found that companies are accepting job seeker’s practical data experience instead of data science degrees. Skills tests or previous job experience is a key metric to judge a job seekers’ data literacy for 60 percent of people, while 18 percent of people consider a college degree in STEM or data science as a major qualification.
At the recently concluded Fortune’s MPW International Summit, former CEO of PepsiCo, Indra Nooyi said that she doesn’t miss being in charge. Nooyi stepped down from CEO position last year. The former CEO said “We need our own sisterhood” and that she wants to encourage women to rally around each other and break new barriers. She spoke about her upcoming book.
On Sunday, midnight, the United Auto Workers (UAW) went on a strike following the U.S labor contract talks with the GM, Reuters reported. “This is our last resort”, Terry Dittes, the UAW vice president, said at a news conference. GM had offered more than $7 billion in new investments, $5,400 jobs, and a contract-ratification bonus of $8000 to workers, Reuters further reported.
Film data mined from several sources, including the IMDB and Box Office Mojo, and other websites which track box office revenues and break the latest film news, showed that female Hollywood actors were paid 56 percent less than their male counterparts, which is equivalent to $2.2 million less per film. Historically, female actors have been paid less than male actors.
A survey conducted by Russell Reynolds Associates found that nearly half (48 percent) of the open chief market officers in 2019 role was filled by women. More than 80 percent of publicly reported CMO appointments were filled externally, the report said.
One-third of millennial managers strongly believe Gen Z are more tech-savvy than themselves, a Nintex Survey says. The survey was conducted among 500 employees and future Gen Z employees between the ages of 18 and 23. Gen-Z employees can find technology that best suits their needs, the report further said. Leadership should be all ears to reduce IT circumvention.
Employers must designate unpaid FMLA (Family and Medical Leave Act) protected time offs, according to a new ruling. Neither employer nor employee can decline FMLA protected leaves, in the event an eligible employee needs leaves, the DOL said. Paid time-off can run concurrently with unpaid leaves. Eligible employees can use FMLA leaves for childcare, foster care or elderly care.
Assembly bill 5, which reclassifies independent contractors as employees, was approved by the California State Senate. The bill requires the State Assembly approval and California Governor Gavin Newsom’s signature before it becomes a law. The New York Times says the State Assembly vote is a mere formality and Newsom is expected to sign the bill into law as he endorsed it.
Amazon is planning to hire 30,000 full and part-time workers on Amazon Career Day on Sept. 17. The company will hold six career day events across the U.S from its second North American headquarters in Arlington, Virginia, Seattle, Chicago, Boston, Dallas and Nashville, Tennessee, a press statement said. Further, Amazon will invest in USD 700 million in training the recruited workers.