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  • Companies reimagine future of work amid pandemic induced transition!

    Companies reimagine future of work amid pandemic induced transition!

    News by Editorial Team 07 Oct 2020

    According to the recent McKinsey & Co. global survey it was revealed that organizations like Cisco have been reimagining the future of work considering the move toward a more remote workforce during the coronavirus pandemic. The report predicts that by 2025 more employees will be working on a hybrid work schedule, in addition, AI and machine learning will transform hiring and innovation teams will be more global. 

     

    Read more at CNBC
  • Employers 'responsible' for financial wellness of workforce!

    Employers 'responsible' for financial wellness of workforce!

    News by Editorial Team 07 Oct 2020

    In a recent report shared by Bank of America dated 24 Sept, 2020, it was revealed that more than half about 62% of employers feel ‘extremely’ responsible for employees’ financial wellness, as compared to 13% in 2013. The report that was titled Workplace Benefits Report and was based on the survey of 996 employees and 808 employers. According to the report, the employers also feel responsible for employees’ retirement healthcare needs and costs.

     

    Read more at HRDIVE
  • Extra $600 unemployment benefits hung in the air as no common ground found!

    Extra $600 unemployment benefits hung in the air as no common ground found!

    News by Editorial Team 07 Oct 2020

    Democrats and Republicans still not able to find a common ground on enhanced unemployment benefits – this is more than two months after the initial job benefits expired. House Democrats had passed about $2.2 trillion measure last week, which would have extended a $600 weekly unemployment supplement through January.

     

    Read more at CNBC
  • Capital Grille faces racial discrimination lawsuit!

    Capital Grille faces racial discrimination lawsuit!

    News by Editorial Team 06 Oct 2020

    Capital Grille in Washington DC is facing lawsuit filed by a server who alleged racial discrimination. The lawsuit was filed with the US Equal Employment Opportunity Commission (EEOC) against Darden Restaurants. According to the charge the chain’s operator, indulged in racial discrimination by holding the non-white workers to a higher workplace standard as compared to their Caucasian counterparts and assigning them to section 8 of the restaurant.

     

    Read more at HRDIVE
  • Southwest Airlines seeks unions' agreement for pay cuts to prevent layoffs!

    Southwest Airlines seeks unions' agreement for pay cuts to prevent layoffs!

    News by Editorial Team 06 Oct 2020

    In order to prevent furloughs and layoffs, Southwest Airlines on Monday announced that it has asked unions to agree to pay cuts through 2021, as the industry struggles to stem losses from the global pandemic in the absence of more federal aid. About 83% of roughly 61,000 Southwest employees is represented by unions. The airline also announced 10% cut for non-union staff until 1 Jan, 2022, hopefully when the normal services will be resumed.

     

    Read more at Reuters
  • Work-from-home moms bear parenting brunt amid pandemic: Survey!

    Work-from-home moms bear parenting brunt amid pandemic: Survey!

    News by Editorial Team 06 Oct 2020

    According to the recent study published on the state of working parents by Cleo on 24 Sept, 2020, it was found that working parents lose significant amount of time during work hours, experience increased stress, and make adjustments to their schedules. The study also noted that women shoulder a larger amount of responsibility for caregiving. The study also pointed that women lose about 49% more time as compared to men and about 61% of women admitted that they felt responsible for the majority of caregiving in their partnership. 

     

    Read more at HRDIVE
  • Indiana Subway violates Americans with Disabilities Act!

    Indiana Subway violates Americans with Disabilities Act!

    News by Editorial Team 05 Oct 2020

    According to the lawsuit filed by the US Equal Employment Opportunity Commission (EEOC) dated 23 Sept, 2020, it was revealed that an Indiana Subway franchisee had violated the Americans with Disabilities Act (ADA) when it refused to recruit an applicant with a hearing impairment. The lawsuit alleged that Ranrae Inc. – the company that owns and operates the store in Bloomington, Indiana had refused to hire the qualified applicant for one of the positions because of the applicant’s ‘hearing’ and ‘speaking’ concerns. The lawsuit had requested back pay, compensatory and punitive damages, and a permanent injunction to curtail future recruitment discriminations.

     

    Read more at HRDIVE
  • UnitedHealth, Express Scripts resolve ERISA claims over EpiPen!

    UnitedHealth, Express Scripts resolve ERISA claims over EpiPen!

    News by Editorial Team 05 Oct 2020

    In a recent lawsuit settlement claims, UnitedHealth Group Inc and Express Scripts Holdings have resolved the lawsuits that claimed that their pursuit of rebates and other discounts on the allergy injection EpiPen have increased the prices of medication. This in turn has violated the fiduciary duties under the federal Employee Retirement Income Security Act.

     

    Read more at Reuters
  • US job recovery loses momentum as recruitment slows down!

    US job recovery loses momentum as recruitment slows down!

    News by Editorial Team 05 Oct 2020

    In the final jobs report before the November elections, the Labor Department revealed that nonfarm payrolls had risen by a lower than expected 661,000 in September and the unemployment rate was about 7.9%. According to the report economists who were surveyed by Dow Jones had been expecting a gain of 800,000 in payrolls and with the drop in the unemployment rate to 8.2% from 8.4% in August. The payrolls miss is cited largely to a drop in government hiring with at-home schooling continued.

     

    Read more at CNBC
  • Employers' mental health concerns heightened at start of school year!

    Employers' mental health concerns heightened at start of school year!

    News by Editorial Team 01 Oct 2020

    According to the report released by Unum – the employee benefits provider – it was revealed that numerous employers were concerned about the mental health of their employees amid the pandemic. However, these concerns were increased with the beginning of the school year. The report was released on 21 Sept, 2020 and it explored challenges facing employers and how the use of accommodations can support employees. 

     

    Read more at HRDIVE
  • Airlines to slash 30,000 more jobs as federal aid ends on Sept. 30!

    Airlines to slash 30,000 more jobs as federal aid ends on Sept. 30!

    News by Editorial Team 01 Oct 2020

    The rippling effects of pandemic are felt by the US Airlines. The federal airlines aid ending on Sept. 30, the airlines are preparing for 30,000 more job cuts. Airline executives of top-notch US airlines including CEOs of American, United, Southwest and JetBlue have been trying their best to persuade both lawmakers and Trump officials to provide additional aid to avoid job cuts but to no avail. The terms of $25 billion in federal airline aid prohibited job cuts until Oct 1, 2020.

     

    Read more at CNBC
  • Pandemic accelerates blended 'workplace trend'

    Pandemic accelerates blended 'workplace trend'

    News by Editorial Team 01 Oct 2020

    In a recent report published by Harvard Business Review Analytics Services and sponsored by Verizon, it was found that the pandemic has accelerated digital transformation at numerous organizations. This in turn has created a need to blend virtual work and the work that required an employee to be physically present at the office. The report featuring about 1,080 global business leaders stated that about 86% of respondents agreed with the statement – "the digital workplace must coexist with the physical workplace for the foreseeable future."

     

    Read more at HRDIVE
  • Disney lays off about 28,000 employees amid coronavirus crisis!

    Disney lays off about 28,000 employees amid coronavirus crisis!

    News by Editorial Team 30 Sep 2020

    The effects of global pandemic are visible not only on travel industry but also on the theme parks. The forced prolong closures at Disney’s California-based theme parks and limited attendance at the parks that were open to the public has made the company to take some tough decisions. The decision included laying off 28,000 employees across its various parks, experiences, and consumer products division. While Disney had been able to open its theme parks in Florida, Paris, Shanghai, Japan, and Hong Kong, California-based theme parks have remained shut throughout the lockdown.

     

    Read more at CNBC
  • Organizations plan to add health safety roles post pandemic!

    Organizations plan to add health safety roles post pandemic!

    News by Editorial Team 30 Sep 2020

    According to a recent survey conducted by McKinsey, it was found that about 83% of employers responded that their organizations will recruit more individuals for health and safety roles as offices reopen. The jobs will also include roles in ‘on-site distancing/sanitizing’ and ‘workforce safety and health,’ The survey report was released on 23 Sept, 2020. The report also concluded that while remote work is here to stay it will not be for everyone or for every work day.

     

    Read more at HRDIVE
  • Judge ruled out DOL's $400M Oracle pay bias lawsuit!

    Judge ruled out DOL's $400M Oracle pay bias lawsuit!

    News by Editorial Team 30 Sep 2020

    According to a US Department of Labor administrative law judge passed the statement that Oracle did not engage in any intentional compensation discrimination. The ruling came out on 22 Sept, 2020 thus ending a lawsuit that was first filed in 2017. Oracle was sued by the US Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP). OFCCP had alleged that the federal contractor engaged in discriminatory pay practices that had costed black, Asian, and female employees about $400 million in lost wages over a roughly four-year period. 

     

    Read more at HRDIVE
  • Nikola founder amid sexual abuse controversy!

    Nikola founder amid sexual abuse controversy!

    News by Editorial Team 29 Sep 2020

    The recent controversy surrounding Nikola founder Trevor Milton revealed sexual assault allegations. According to the lawsuits filed by two different women accused the 38-year-old billionaire of sexual abuse when they were both 15-years old. The accusations, which stretched more than 15 years ago, came in the wake of Milton’s resignation as executive chairman of Nikola on 21 Sept, 2020 post short seller Hindenburg Research released a damning report that had detailed fraud allegations.

     

    Read more at CNBC
  • JPMorgan announces work from home for its employees till 2021!

    JPMorgan announces work from home for its employees till 2021!

    News by Editorial Team 29 Sep 2020

    In an internal memorandum shared by the bank with the staff, it was revealed that JPMorgan Chase & Co has informed its thousands of workers across the consumer unit that they could work from home until next year. According to the announcement, the directives will be applicable to most of JPMorgan’s US-based employees in the consumer unit and will exclude branch workers and some in operations.

     

    Read more at Reuters
  • McDonald's expands its Passport to Success Explorer digital program for youth!

    McDonald's expands its Passport to Success Explorer digital program for youth!

    News by Editorial Team 29 Sep 2020

    In a recent announcement by McDonald’s, it revealed its plans to improve equity in skills training for youth and in order to do so it is planning to expand its Passport to Success (PTS) Explorer digital curriculum and make it reach up to 100,000 through non-profits, community organizations and post-secondary institutions which support diverse communities. The announcement was made on 21 Sept, 2020. The curriculum has been prepared in partnership with the International Youth Foundation and will teach communication skills, self-awareness, and management skills in addition to guidance on building healthy relationships and conflict management.

     

    Read more at HRDIVE
  • US Chamber Foundation launches a new initiative to bridge future skills gaps!

    US Chamber Foundation launches a new initiative to bridge future skills gaps!

    News by Editorial Team 28 Sep 2020

    According to the recent announcement made on 21 Sept, 2020 it was revealed that a new initiative was launched by a group of economists, academics, and business leaders that was led by the US Chamber of Commerce Foundation. The initiative will seek to create new methods of financing for training, which will prepare employees to meet current and future skills gaps.

     

    Read more at HRDIVE
  • Alphabet reaches a settlement over a sexual misconduct lawsuit!

    Alphabet reaches a settlement over a sexual misconduct lawsuit!

    News by Editorial Team 28 Sep 2020

    In a recent development related to sexual misconduct lawsuit, Alphabet – the parent company of Google – had reached a settlement with shareholders in a lawsuit. The lawsuit alleged sexual misconduct mishandling and cover-up by executives that included former chief legal officer David Drummond. The company also announced that it will eradicate mandatory arbitration and also limit Google’s use of non-disclosure agreements. The company will also prohibit Google from ‘offering severance to any employee, including a senior executive, terminated for sexual harassment, sexual misconduct, or retaliation.’

     

    Read more at CNBC

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