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.
The stance has been taken by the French authorities to wherein it sat at the table with major unions and employers of the country. In case the details are mechanized in time & the parliament approves of the same, the move could be in effect from 2020 onwards. Although France has had gender pay reforms in place for the last 45 years, men still earn on average 9% more than women.
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.
So appears to be the case as about 20 US-states weigh their options to legally ban employers from examining an employees’ last salary during the interview. Critics suggest that this toxic-mentality at the workplace has only added to the gender-pay-gap woes of women who start their careers with a lower salary. States like New York, California, Puerto Rico & Massachusetts already have such jurisdictions at the place.
Discussing Penang’s State budget for 2018, chief minister Lim Guan Eng, announced that civil servants with a good disciplinary record will be awarded RM2000, by the end of 2017. Not only that, even if the record doesn’t stand out, officials would still be entitled to a bonus of RM1000. The move marks the employee-friendly sentiment of the Malaysian Government.
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% representatio
In his role as the manufacturing company’s Chief elite, he shall be succeeding Inge Thulin. The latter shall continue to contribute in the capacity of an executive chairman of the board. Roman spent the last 30 years forging a career at 3M the major highlight of which includes him handling the role of the COO & Executive - VP.
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.
The “Bicycle Commuter Act”, which allowed $20 worth of monthly qualified expenses has seen the sun set on itself for the last time. The Tax Cuts and Jobs Act has put a stop to the benefit until the year 2026. Yet, despite the issues legality, there are a few employer(s) who’ve committed to continue the reimbursements for their
The entertainment company which has gotten people addicted to its productions surely knows how to keep its top dog happy. Reed Hastings, who prioritizes content over technology, was handsomely paid $24.4. million in 2017, pre-tax. The median employee compensation for the media company was more than $183,300 for the same year.
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.
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 saying of a corporate social well-being is being reignited by the CIMB group in Kuala Lumpur, who will now be running a one of a kind pilot test, with its mid-level employees. As much as 5000 employees could opt to take a month’s paid leave, provided they do their part for the CIMB’s charity arm.
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.
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.
Also referred to as Dewan Rakyat, has been approved following a debate in the Parliament. The bill ensures a temporary financial assistance to those workers who have apparently lost their jobs. The help would allow people to re-train themselves, in order to become work-ready again. The premise of the bill would also include professionals falling in the bracket of 40-50 years.
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 justifie
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.
Nope, that wasn’t a job advertisement but the way, Wan Long, CEO of WH Group $291 million last year. His KRAs – turning a state-owned, meat processing business into a Global Pork Brand. The company chair has made it his habit of turning meat into gold. For the record, Wan earned three-quarters of a billion in compensa
The debate is set to take place in the House of Lords to decide whether unpaid work, those such as internships, be restricted to a period of 4 weeks. For quite some time now, it has been an intensely felt topic amongst the people starting their careers, who are now speaking their mind out at #payinterns.
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