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Though a relatively small number, yet, employers are opening up to the possibility of making employee salaries public. Having become a vote-bank political tool, perhaps the awakening of sooner than later has struck U.S employers like CareHere, FogCreek and Hired who plan to reveal the salary brackets for all profiles. It has been argued that transparent pay equities would contribute to the productivity upon justifying the worth of an individual.
The petition that gravitated the sign support of 2600 Googlers beseeches a safer workplace. A slew of complaints by people of color and the transgender demographic have led the company to tighten the nuts and bolts of its code of conduct. Google has pinned high hopes on the amended policies which now cover the content posted on internal forums (perhaps) to avoid another James Damore episode.
This is the predicament of more than 50% of German companies who are tussling with time to find able, interested people. While some have been forced into the compulsion of replacing retiring baby boomers, others are willing to make an offer people can’t refuse. The allure of extra days off, pay rise, even reduced working hours should ideally provide the catalyst to fill record vacancies. Tick tock.
Payroll Panda facilitates SME’s with UI friendly capabilities for payroll management. The Startup though claims to have 1000 clients, but it's their seed fund of $700,000 that proves investors see the scope of improvement in other competitive SaaS-based HR platforms. Payroll Panda is part of that elemental digital transformative change which will encourage SMEs to embrace the cloud technology.
Tact.ai, a CRM centric startup has managed the impossible - to raise money in the same round from the above trio. And understandably so. Tact is aiming to reduce the gulf between data entry and retrieval in a CRM to optimize sales through its voice interface. The business developing function needs much streamlining, seeing that major business imperatives are already being consulted with the AI.
Workout programs for employee wellness have either been copy-pasted or reinvented time and again. Perhaps that’s why businesses are increasingly leaning towards the likes of Exos, which remodels fitness programs combining that with post-workout meals. Given that the startup is serving 25 of Fortune 100 companies, it's safe to say, as employers sweat it out in the fight for retention, employees are assured a promising return.
A three-fourths share of the US smart speaker market & cross-industry partnerships for endless upselling opportunities, Amazon has reason aplenty to celebrate. And yet there looms a danger of down-staffing. How? If major hospitality chains implement convenient ordering with Alexa, what happens to in-house operators? A reallocation of roles! A far-fetched possibility perhaps, yet the repercussions appear fathomable for those whose job might hang by a thread, come the day.
The world’s largest search engine is also one of the largest tech employers, and after facing the massive controversy in 2017 on diversity, or the lack thereof, of engineer James Damore, little seems to have changed. In the recently released workplace diversity report for 2018, 90% of Google’s workforce is either white or Asian, and a meagre 25% of women in the company held leadership positions. The sharpest difference to its claims for being an inclusive company, though, was that only 2% of its leadership staff were black.
The recently released “Your Commute” feature on the world’s largest professional network is all set to make “the long commute to work” history for employers and prospective employees. The feature, which integrates with the mobile app, will also feature in job postings on the network and provide the added advantage of showing jobs in preferred locations to candidates. The move is welcomed by the majority as 85% of Americans “would take a pay-cut for a shorter commute.”
The likes of Google and Uber are taking notice of Apple’s latest recruits who previously worked at Tesla and NASA. Why? Having obtained the permit to test self-driving vehicles, the tech corporation is likely to go all in for its automation-inspired, Project Titan. With secrecy shrouding the topic since the beginning, the company’s actions make intentions clear - to catch market players, having already lost the first-mover advantage.
While top performers at an ideal organization may reap monetary rewards for their efforts, Instagram gives its star players an ‘axe’. Literally. The hunch that seeped into reality over a coffee outing is now part of a vibrant office ritual that bolsters both esteem and performance. It appears, company executives have unlocked the mantra to a wholesome professional life – A sense of recognition far outweighs financial incentives.
The car manufacturer will lay-off a record 9% of its workforce to register profits and prune duplicate roles. Yet, the victims of downsizing have made peace with the situation, that too, with positive reviews on social channels. Tesla will sanction severance pay in the form of ‘salary & stock vesting’ than leaving the ex-staff hanging by the thread.
Dhivya Suryadevara will be remembered in the annals of history as the first female CFO of a major car-maker. She’s almost the same age (39) as the accrued experience of the departing CFO Chuck Stevens (40 years) at GM. This is the second major female entrant in the company’s board, since the financial crisis of 2009, CEO Mary Barra being the first.
Mergers and acquisitions tend to be the devil’s cauldron in Corporate America. This reality was recently underlined in a leaked ‘insider’ audio of John Mackey, Wholefoods CEO. In the clip, Mackey claims to have vented frustrations at Amazon’s boardroom antics not caring “to get fired”. Such unheard stand-offs could as well be smothering the greater evil of a troubled employee-mindset, which ultimately explodes into traumatic ailments.
Or so we gather, from the latest installments of standing desks for all employees. Tim Cook, who’s an avid promoter of smart living, is smitten with the idea of healthier employees. And why not? On-campus plantations, gyms, not to mention an interstellar office make the top of perks being arrayed for the workforce. An investment which bears Apple the return of being the World’s Most Valued Company.
Due to the outcome, bonuses were stashed away in trash cans as the retailer missed its margins on the balance sheets. The blow was much greater for those in the top leadership who would take home an un-hiked compensation package than last year. Overall, the company’s directorship will look at a remuneration which is down 33%, thanks to a stock prize which has slipped 21% over the course of 2017.
The latest agreement grants consultation and negotiating rights to a union called Unite. 650 members of the cabin crew, based out of the airline’s UK basis, would gain representation via the aforementioned union in matters of compensation, work-hours & holidays. Ryanair has been putting its foot on the peddle to increasingly emerge as an employee-centric-brand, one might add, “to good effect”.
Current Chief Executive Ronald den Elzen will make space for Maggie, who takes office from September 1. Maggie joined Heineken in 1998 as a national sales planner, and since then continued her upwards path in the company hierarchy in various strategic roles. Ronald will move his towards Heineken Netherlands, where he’d be needed for a global role.
The same number has remained stubbornly low for a long time. Yet, it’s not the only company with lack of opportunities for people of color. Although Facebook Inc. claims to have the demographic at 3%, it still wouldn’t confirm the number of black people employed in technical positions. Seems, the topic of diversity and inclusion remains a hot-topic for collecting brownie-points in the media, failing to materialize where it matters.
Having romanticized the experience of coffee-drinking through 28,000 outlets in 77 countries, the Starbucks CEO could now be setting his sails for POTUS. News-stands are bustling with speculation that Mr. Schultz had made clear his intentions a year in advance to the board. Former J.C. Penney Chairman Myron E. Ullman will brace the hot-seat at Starbucks, as the company prepares to honor Howard with the title of Chairman Emeritus.