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  • DHL Supply Chain announces maternity leave expansion for US employees!

    DHL Supply Chain announces maternity leave expansion for US employees!

    News by Editorial Team 02 Sep 2020

    In an internal announcement made by DHL Supply Chain, keeping in line with its organizational commitment, to ‘attract, retain, and promote’ more women in its workforce, the organization had announced a 12-week maternity leave expansion at 100% of pay. The expansion plan would be effective from 1st Jan, 2021 and would also be applicable to adoptive parents. According to the internal reports, the policy change is cited as a part of a three-tiered approach toward inclusive culture that would include increased college recruitment, flexible work, including its ‘100 Years 100 Women Campaign’ that would highlight the contribution of women to supply chain industry.

     

    Read more at HRDIVE
  • Ford to slash about 1,000 salaried jobs in North America!

    Ford to slash about 1,000 salaried jobs in North America!

    News by Editorial Team 02 Sep 2020

    According to latest media reports, Ford plans to slash about 1,000 salaried jobs, as it tried to execute an $11 billion restructuring that failed to meet expectations. The reported reduction had come at the time when the company was expected to report its first annual operating loss in a decade. The media reports also stated that the job cuts were expected to come in the form of voluntary buyouts and were not related to rising costs that came from the coronavirus pandemic. 

     

    Read more at CNBC
  • Ultimate Kronos Group comes into action from October!

    Ultimate Kronos Group comes into action from October!

    News by Editorial Team 02 Sep 2020

    Post the February announcement of the merger between Kronos and Ultimate Software – the company had announced a new, unified branding as Ultimate Kronos Group or ‘UKG’ would take effect from 1 Oct, 2020. As per the reports, the all-stock merger between the two high-profile companies in human capital management (HCM) space would continue to bring together the best of each organization’s award winning solutions. According to the initial merger announcement, the joint venture has about 12,000 employees globally and around $3 billion in annual revenue, with a total valuation of $22 billion.

     

    Read more at HRDIVE
  • New payroll tax deferral law takes effect from 1st September!

    New payroll tax deferral law takes effect from 1st September!

    News by Editorial Team 01 Sep 2020

    US President had issued an executive order sometime back deferring the 6.2% tax employees had to pay toward Social Security from 1 Sept to 31 Dec, 2020. The executive law is not a forgiveness of the tax owed. According to the guidance issued by the IRS late last week, the law placed the responsibility on employers for collecting the deferred tax and should be paid by 30 April 2021. Failure of which could result in penalties, interest, and other taxes.

     

    Read more at CNBC
  • Parents who choose remote learning loses rights over FFCRA leave!

    Parents who choose remote learning loses rights over FFCRA leave!

    News by Editorial Team 01 Sep 2020

    According to the guidance released by the US Department of Labor on 27th Aug., 2020, parents who have a choice of both in-person and online learning options and they choose latter would not be able to take paid leave under the Families First Coronavirus Response Act (FFCRA). DOL in a statement clearly mentioned that FFCRA leave would not be available to take care of a child whose school is open for in-person attendance.

     

    Read more at HRDIVE
  • G4S security company win dismissal of lawsuit over confidential data!

    G4S security company win dismissal of lawsuit over confidential data!

    News by Editorial Team 01 Sep 2020

    In another lawsuit filed by employees, the federal judge dismissed the lawsuit arguing that the individuals didn’t suffer a concrete and particularized injury. G4S Secure Solutions Inc had won the lawsuit that accused the company of mishandling employees’ Social Security numbers, when a Georgia federal judge found that the employees didn’t have much evidence.

     

    Read more at Reuters
  • Coca-Cola plans to slash jobs through buyouts and layoffs!

    Coca-Cola plans to slash jobs through buyouts and layoffs!

    News by Editorial Team 31 Aug 2020

    According to an internal announcement made by the beverage giant Coca-Cola on Friday, the company is planning a restructuring its workforce and the plan would also include voluntary job cuts. Coca-Cola’s shares that were a market value of $210 billion had risen to about 1% in premarket trading and fell about 12% in 2020. The announcement stated that Coke would offer voluntary layoff packages to all the employees who qualify. The layoffs would start with about 400 employees in the US, Canada, and Puerto Rico who were hired on or before 1 Sept, 2017. The move aims to limit the number of involuntary job cuts that would follow. 

     

    Read more at CNBC
  • Directors of Appvion win second suit's dismissal over ESOP!

    Directors of Appvion win second suit's dismissal over ESOP!

    News by Editorial Team 31 Aug 2020

    In a recent development related to the Appvion Inc – the leading manufacturer of thermal, carbonless, and security paper and currently bankrupt – Appvion’s ex-officers and former directors have won the dismissal of a lawsuit. The suit was filed on behalf of creditors and had accused the directors of inflating the company’s stock price and improperly borrowed from the company to make payments under an employee stock ownership plan (ESOP). 

     

    Read more at Reuters
  • Mars sues the rival JAB Holdings over document theft claims!

    Mars sues the rival JAB Holdings over document theft claims!

    News by Editorial Team 31 Aug 2020

    Mars – the family-owned business – plans to sue the arch rival JAB Holdings over theft claims. According to the lawsuit filed by Mars, one of its ex-executives had stolen more than 6,000 documents and had passed them to JAB. The documents, according to the lawsuit, contained trade secrets. Interestingly, the ex-Mars executive – who is at the center of the lawsuit claimed that one of the Mars’ family member had ‘stamped’ on his foot and warned him that he would regret his decision to leave.

     

    Read more at CNBC
  • Employees apply only 54% of new skills they learn: Gartner!

    Employees apply only 54% of new skills they learn: Gartner!

    News by Editorial Team 28 Aug 2020

    According to an analysis by Gartner report published on 19 Aug, 2020, the number of skills required for a job has increased by 10% year-over-year, however, employees applied only 54% of the new skills they learn. The report also stated that about 33% of the skilled workers that were needed three years ago were no longer relevant in the current corporate world. In addition, the report also stated that COVID-19 pandemic had continued to amplify the need for new skills as business strategies would shift and employees would adapt to new ways of working.

     

    Read more at HRDIVE
  • United Airlines plans to slash about 2,850 pilot jobs!

    United Airlines plans to slash about 2,850 pilot jobs!

    News by Editorial Team 28 Aug 2020

    In an internal announcement made by United Airlines it was revealed that the airline plans to cut about 2,850 pilot jobs between 1 Oct and 30 Nov, 2020, if there is no extension on the aid package from the government. The government aid package helped airlines cover employee payroll for another six months, as they weather the coronavirus pandemic. The job cuts announced were higher than those announced by Delta Air Lines and American Airlines.

     

    Read more at CNBC
  • Californian company to pay $1.25 million as lawsuit settlement claim!

    Californian company to pay $1.25 million as lawsuit settlement claim!

    News by Editorial Team 28 Aug 2020

    In another lawsuit battle, an electrical company – Air Systems – from California had agreed to pay about $1.25 million as Equal Employment Opportunity Commission (EEOC) lawsuit. According to the lawsuit the eight African-American employees were subjected to racial discrimination while their tenure at a construction project at Apple Park. The lawsuit also stated that the workers were subjected to racial epithets, a noose at the worksite and were threatened of lynching as well.

     

    Read more at HRDIVE
  • US President plans executive action to avoid massive layoffs at airlines!

    US President plans executive action to avoid massive layoffs at airlines!

    News by Editorial Team 27 Aug 2020

    As per the report by White House Chief of Staff Mark Meadows, on Wednesday, US President Donald Trump is weighing executive action in order to avoid massive layoffs at the US airlines. The plan was revealed a day later American Airlines announced that it would shrink its staff by 40,000 that included about 19,000 involuntary cuts by October post the government aid expires and no resumption of air travel in sight.

     

    Read more at Reuters
  • McDonald's ex-CEO is in trouble again for his deceit!

    McDonald's ex-CEO is in trouble again for his deceit!

    News by Editorial Team 27 Aug 2020

    According to Bloomberg, McDonald’s was investigating its HR department along with whether the ex-CEO Steve Easterbrook covered up for the improprieties of other employees. The quick service restaurant is reportedly suing the former CEO for allegedly lying and covering about his sexual relationships with three employees. The report also stated that McDonald’s HR department was under internal review since April 2020.

     

    Read more at CNBC
  • Employers should understand where state, federal laws overlap!

    Employers should understand where state, federal laws overlap!

    News by Editorial Team 27 Aug 2020

    In a recent announcement made by the New Jersey Attorney General Gurbir Grewal dated 20 August, 2020, the New Jersey Division on Civil Rights would pursue the discrimination claims made by a former marketing director before an administrative law judge. The worker had claimed that her rights under the New Jersey Family Leave Act were denied and the company had retaliated against her when she had taken the time off under the federal Family and Medical Leave Act to recover from child birth.

     

    Read more at HRDIVE
  • Pay raise indicated for US employees in 2021!

    Pay raise indicated for US employees in 2021!

    News by Editorial Team 26 Aug 2020

    According to the 2020 General Industry Salary Budget Survey conducted by Willis Towers Watson Data Services released on 17Aug 2020, it was revealed that there was an indication of salary hike for employees at numerous companies in the US. The hike in salary was expected to come through in 2021. The survey report also stated that most of the employers were expecting a ‘turn toward normalcy in 2021. 

     

    Read more at HRDIVE
  • JP Morgan staff to oscillate between office and work from home!

    JP Morgan staff to oscillate between office and work from home!

    News by Editorial Team 26 Aug 2020

    According to the announcement made by JP Morgan, the workers in both corporate and investment bank would cycle between days spent at the office and at home. The move would ensure remote working on a part-time basis. The announcement was made by JPMorgan – the world’s biggest Wall Street bank by revenue – and could pressurize other financial organizations as well to offer similar arrangements.

     

    Read more at CNBC
  • American Airlines to slash 19,000 US jobs in October!

    American Airlines to slash 19,000 US jobs in October!

    News by Editorial Team 26 Aug 2020

    In an internal announcement made by American Airlines on Tuesday, it was stated that the airlines would be cutting about 19,000 jobs in October. The move was planned as the COVID induced lockdown continued to affect air travel. The airline stated in the announcement that unless the government extends their aid for airline employee payrolls there would be no other option but to slash the jobs. The airlines had received about $25 billion in US government stimulus funds in March that was meant to cover payrolls and also protect jobs till September end.

     

    Read more at Reuters
  • Demand for remote jobs on the rise amid coronavirus spread fears!

    Demand for remote jobs on the rise amid coronavirus spread fears!

    News by Editorial Team 25 Aug 2020

    According to a LinkedIn report dated 30 July, 2020, it was revealed that there has been a steady increase in demand for remote jobs. The report stated that since March the remote job listings on LinkedIn have tripled and most of the organizations planned to continue with their remote work practices. The report also stated that the Centers for Disease Control and Prevention had advised businesses back in February to opt for teleworking so as to contain the spread of the disease.

     

    Read more at HRDIVE
  • US shale oil producers plan to slash jobs!

    US shale oil producers plan to slash jobs!

    News by Editorial Team 25 Aug 2020

    Reporting large second-quarter losses two of the US shale oil producers – Pioneer Natural Resources Co and Parsley Energy Inc have planned to slash their workforce in coming days. With the oil demand and prices going down due to coronavirus pandemic, the cost cutting announcement are the latest by the oil and gas producers. During the pandemic, more than 100,000 jobs in the US industry have been axed.

     

    Read more at Reuters

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