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  • MORGAN STANLEY HIRES JEAN DE MIRAMON

    MORGAN STANLEY HIRES JEAN DE MIRAMON

    News by Editorial Team 20 Sep 2019

    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.

     

    Read more at Reuters
  • LINKEDIN TO ADDRESS SKILLS GAP WITH ITS TOOL

    LINKEDIN TO ADDRESS SKILLS GAP WITH ITS TOOL

    News by Editorial Team 19 Sep 2019

    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. 

     

    Read more at Forbes
  •  INDEED LAUNCHES A RECRUITING PLATFORM

    INDEED LAUNCHES A RECRUITING PLATFORM

    News by Editorial Team 19 Sep 2019

    “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.

     

    Read more at HRDIVE
  •  WOMEN EMPLOYEES ACCUSE WALT DISNEY OF GENDER DISCRIMINATION

    WOMEN EMPLOYEES ACCUSE WALT DISNEY OF GENDER DISCRIMINATION

    News by Editorial Team 19 Sep 2019

    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.

     

    Read more at The Guardian
  • GM CUTS OFF STRIKING WORKERS' HEALTH COVER

    GM CUTS OFF STRIKING WORKERS' HEALTH COVER

    News by Editorial Team 18 Sep 2019

    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.

     

    Read more at Bloomberg
  • AGILITY AND DETERMINATION: SKILLS FOR FUTURE

    AGILITY AND DETERMINATION: SKILLS FOR FUTURE

    News by Editorial Team 18 Sep 2019

    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. 

     

    Read more at HRDIVE
  • WALMART ACCUSED OF GENDER DISCRIMINATION

    WALMART ACCUSED OF GENDER DISCRIMINATION

    News by Editorial Team 18 Sep 2019

    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.

     

    Read more at Reuters
  • RANDSTAD US TO FILL 17000 JOBS

    RANDSTAD US TO FILL 17000 JOBS

    News by Editorial Team 17 Sep 2019

    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.

     

    Read more at HRDIVE
  • EMPLOYERS BELIEVE IN EXPERIENCE, NOT DEGREE TO ASSESS DATA LITERACY

    EMPLOYERS BELIEVE IN EXPERIENCE, NOT DEGREE TO ASSESS DATA LITERACY

    News by Editorial Team 17 Sep 2019

    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.

     

    Read more at HRDIVE
  • INDRA NOOYI ENCOURAGES WOMEN TO BREAK BARRIERS

    INDRA NOOYI ENCOURAGES WOMEN TO BREAK BARRIERS

    News by Editorial Team 17 Sep 2019

    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.

     

    Read more at Fortune
  • UA WORKERS STAGE STRIKE POST FAILED LABOR TALKS

    UA WORKERS STAGE STRIKE POST FAILED LABOR TALKS

    News by Editorial Team 16 Sep 2019

    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.

     

    Read more at Reuters
  • GENDER PAY DISPARITY IN HOLLYWOOD REVEALED!

    GENDER PAY DISPARITY IN HOLLYWOOD REVEALED!

    News by Editorial Team 16 Sep 2019

    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.

     

    Read more at The Guardian
  • WOMEN GRAB ALMOST 50% OF CHIEF MARKETING OFFICER ROLES

    WOMEN GRAB ALMOST 50% OF CHIEF MARKETING OFFICER ROLES

    News by Editorial Team 16 Sep 2019

    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.

     

    Read more at HRDIVE
  • GEN Z MORE TECH-SAVVY THAN MILLENIALS

    GEN Z MORE TECH-SAVVY THAN MILLENIALS

    News by Editorial Team 13 Sep 2019

    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.

     

    Read more at HRDIVE
  • FMLA LEAVES COMPULSORY UNDER LABOR CONTRACTS

    FMLA LEAVES COMPULSORY UNDER LABOR CONTRACTS

    News by Editorial Team 13 Sep 2019

    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.

     

    Read more at SHRM
  • CALIFORNIA STATE APPROVES ASSEMBLY BILL 5

    CALIFORNIA STATE APPROVES ASSEMBLY BILL 5

    News by Editorial Team 12 Sep 2019

    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.

     

    Read more at New York Times
  • AMAZON TO HIRE 30,000 WORKERS AT 6 CAREER DAY EVENTS

    AMAZON TO HIRE 30,000 WORKERS AT 6 CAREER DAY EVENTS

    News by Editorial Team 12 Sep 2019

    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.

     

    Read more at HRDIVE
  • EMPLOYEES VALUE MEANINGFUL WORK

    EMPLOYEES VALUE MEANINGFUL WORK

    News by Editorial Team 12 Sep 2019

    A new global survey by Workhuman on human capital management says creating meaningful work for employees is the secret to talent retention. Meaningful work is about “creating a human-focused environment built on trust, recognition, respect, gratitude, autonomy, and equity” says the survey. “employees are actively seeking out more human-focused work …”, said Eric Mosley, CEO of Workhuman.

     

  • ASKING WORKERS TO BE CREATIVE AT WORKPLACE IS RISKY

    ASKING WORKERS TO BE CREATIVE AT WORKPLACE IS RISKY

    News by Editorial Team 11 Sep 2019

    Being creative is a personal experience that exposes workers’ personal viewpoints and preferences, thereby putting them at risk in the workplace, a study from a University of Illinois says. When workers share something about themselves, they allow others to make judgments about themselves. This puts them at risks. Both managers and employees should be mindful of the risks involved in this.

     

    Read more at HRDIVE
  • WENDY'S IS LAUNCHING BREAKFAST SERVICE

    WENDY'S IS LAUNCHING BREAKFAST SERVICE

    News by Editorial Team 11 Sep 2019

    Wendy’s announced to launch a breakfast service at all of its locations in 2020. To drive this initiative, the company is looking to add 20,000 new employees in the coming months. Wendy’s currently serves breakfast at 300 locations. Reportedly, it will cost the company about USD 20 million. The success of competitor, McDonald’s, has led Wendy’s to scale their breakfast service.

     

    Read more at Fortune

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