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Players like Starbucks, Intel, Adobe & Salesforce, to name a few, have outdone others in terms of implementing pay parity for all. Recent numbers suggested that women, in the land of opportunities, earned $0.80 against a $1 for male counterparts. On the occasion of Equal Pay Day, leaders have their tasks cut out to introspect on bringing women & racial minorities at par with the rest.
Trouble seems to be mounting for Facebook’s Godfather, Mark Zuckerburg who’ll in addition to his testimony, be addressing congressional members in regards to a controversial report. The Center for Responsive Politics has done the digging on the social network employees, who they claim made contributions towards the Congress, worth $607,000. The favors were traded by vis-à-vis Facebook’s Political Action Committee, as per the report
Such is the apprehension of its employees who fear the brand-image getting tarnished “beyond repair”. The US Military, having initiated Project Maven, requires input from Google to hone its AI might and streamline the drone capabilities. Google employees, however, demand the project be canceled and the company declares its position unequivocally. Of the 88,000 employees that the company has, 3,100 have come forward to sign the open letter to the company.
NYC Councilman, Rafael Espinal has come to the rescue of those employees who are nagged by their bosses to keep a check on emails from home. On Thursday, Rafael introduced a bill that seeks to penalize employers (financially) and empower the workforce with what is being called, the “right to disconnect.” The inspiration for the same is being sourced to a 2017 French law of the same nature.
The company recently came up with its annual Diversity report and one must say, the numbers aren’t that flattering. In comparison to 2016, the number of women employees has increased by a miser 0.8% while white workers still hold a majority 47.8%. Yet, of all, it is the colored minority which is still lagging behind with a 4% representation.
The National Fair Housing Alliance (NFHA) has named Facebook in a lawsuit for allowing discriminatory ads to run on its platform. The lawsuit alleges that the website is in direct violation of the Fair Housing Act. This component of the law safeguards people from being discriminated against in regards to finances in housing. Back in 2016, Facebook faced similar allegations, when it pledged to overhaul its systems.
In the words of John Thomson, chief investment officer of Vilas Capital Management, the answer shall be “Tesla without any doubt, is on the verge of bankruptcy.” While the investors who just promised new influx into the car manufacturer’s veins may beg to differ, as per the former, the company has 3-6 months to pull the plug on its operations.
An answer to this question in the words of Apple’s founder Steve Jobs was, “Privacy means people know what they're signing up for, in plain English and repeatedly.” This was back in 2010, in a conference which even had Facebook CEO Mark Zuckerberg in the audience. The resurfaced video has got people talking about the ethics, a Worldwide brand ought to adhere to.
The E-tailer which was recently basking in the glory of having acquired Whole Foods seems to be flexing its muscles to buy another renowned brand. Toys R Us, which has filed for bankruptcy seems to be in talks with Amazon. The latter could apparently put the former’s retail space to good use. From, books, to clothes, to food & banks, seems that Amazon has taken the saying “sky is the limit”, literally.
Over a decade’s worth of effort and resilience has made the Gazillion-Dollar coffee company reach the point, where men and women are paid equally. Given the persistence of the company’s human capital management, the case had always been about When and not If. Its Executive-VP Lucy Helm stated, that future interviewees can expect further transparencies in regards to their pay-structure.
As part of £3.6 million pay-out, Qatar government has decided to refund the fees that migrant workers inevitably have to pay to the middle-men. By the end of this month alone, 5500 workers will be reimbursed the money. Qatar which stages the 2022 FIFA World Cup, intends to roll out measures to bolster its human rights record. The sum shall significantly help those, stuck in debt-bondage.
Be it the Lloyds Group or the Royal Bank of Scotland, gender pay gap has for long stung UK’s Banking Industry which is struggling to back its promises. Recently, HSBC reported a 29% median gender pay gap in its filings. And it's not an exception. While Elaine Arden, the Organizations’ HR-Head has been all praises for their efforts, much is left to speculations regarding their effectiveness.
Ryan Seacrest emerges as an anomaly amidst charges of sexual harassment just as other offenders repent their deeds or are busy paying settlements. The claims, source from a former stylist who alleges Seacrest of unacceptable behavior. While a third party inquiry by NBC Universal doesn’t vindicate Ryan, the industry has leaped forward in his support. This includes the likes of Jimmy Kimmel & Kelly Ripa.
In a breakthrough development, Microsoft has claimed that its Artificial Intelligence is capable of translating Chinese as good as the humans. The trick, say, experts, lay in the training mechanism adopting for the AI. Deep neural networks contributed greatly in reaching the milestone, which other algorithmic-translators fail at. With the machines adapting naturally to such human-like capabilities, one can only speculate of the impossible, which be accomplished.
Startups and corporations with ambitions of a Singapore-based, easy-on-the-rules company structure are now having to rethink their strategy. The country’s Ministry-of-Manpower has decided to tighten the strings around the expat-deployment. The new measures will make hiring expats costlier than before. Many skeptics have pounced on the opportunity to point fingers at the government, who they say is increasing its protectionist agenda.
The suit, whose discriminatory grounds are cornering the tech-giant, was filed in 2015 and states unequivocally the biased practices. As per the claims, women were denied promotions and pay-hikes “systematically”. Recently made public court filings reveal, of the 118 discrimination-claims reported to Microsoft, the company deemed only one justified.
The poll that was released on women’s day found, almost 1 in 4 men thought of sex-for-promotion as a reasonable trade-off. The survey population covered 9,400 adults working in countries like Australia, United States, Egypt, South Africa and many more. Among other findings, 32% women & 21% men they had been victims of sexual misconduct at the workplace.
This was a most recent discovery among other things, which stated that gender bias still persists in academia. The tragic state of affairs doesn’t end there, as many women pull back from committing to top-positions in scientific-domains, following discouragement from their households. If the storyline continues so, UK shall undoubtedly find it hard to fill openings anywhere, let alone advanced-STEM.
The parliament shall be voting in motion to amend the threshold that caps Employee Act privileges at S$4,500. Once through, the amendment shall see 430,000 professionals come under the umbrella of the country’s Employment Act. Though the plans are in place to introduce the voting later this year, it wouldn’t be until April 2019, that the change is effective.
The skill-development platform is growing a reputation for becoming an investor-favorite. The Ed-Tech firm recently concluded raising $42 million, with participation from nee participant investors Owl Ventures & Jump Capital. With that, the startup also anointed Chris McCarthy as their new CEO. The influx of money shall be directed toward commercializing products and increasing headcounts in crucial departments.