The latest thing to get affected by coronavirus is the background checks for the new hires and it also includes whether a candidate has a criminal record or not. Owing to the COVID-19 pandemic, the courts across the country have restricted access in order to curb the coronavirus spread. This has result in delayed background checks, which has slowed down the hiring process.
According to a survey by marketing firm Hinge, it was revealed majority – about53% of professional service firm employees are dissatisfied with their employers’ responses to the coronavirus pandemic. The report also stated poor communication and lack of planning were the prominent comments from employees who had negatively rated employers’ responses. The survey also revealed some disturbing facts as well as some positive views of employer responses that were cited as decisive, proactive measures like remote-work capability as being effective.
According to the latest news on coronavirus, National Labor Union leaders have sent a letter to Amazon founder and CEO Jeff Bezos on 1 April 2020, demanding safety improvement for the US warehouse workers amid the coronavirus pandemic. The group comprised of the AFL-CIO; the Retail, Wholesale and Department Store Union, and the American Federation of State, County, and Municipal Employees.
The recent development in the COVD-19 pandemic, Mexican cement maker Cemex announced on Wednesday that it has asked its employees to voluntarily ‘defer 10% payment’ of their salaries for the coming three months. The move was initiated as a part of raft measures to battle the impact of coronavirus, which included scrapping 2020 dividends. The statement released also stated that the senior management team was asked to forego about 15% of their salaries for the period starting 1 May 2020.
Amidst all the depressing news floating around, BlackRock, the world’s largest asset manager announced that it will not layoff its employees during the year due to coronavirus outbreak. The announcement was made by the company’s CEO Larry Fink. The statement also stated that the organization will also pay full-time wages to its support staff like cafeteria, and maintenance workers, even if they can’t come to work.
The professional networking site recently announced that it will allow free job postings for eligible organizations over the period from 1 April to 30 June 2020. The site also announced that all the jobs posted in this category will receive an extra promotion to highly relevant candidates in your particular area. The company will promote critical front-line healthcare roles and will list those openings on a central site for COVID-19 relief work opportunities.
The retailer TJX Companies Inc on Tuesday announced that it will furlough most of its employees at its stores and distribution centers, as outlets remained shut to curb coronavirus spread. TJX announced that it will furlough about 286,000 employees and will pay their salaries till the week ending 11 April 2020. The store also shared that senior members will take a pay cut in order to balance their sheets amid the economic downturn.
In a recent development related to the global pandemic, the US states and cities are encouraging the workers to report their employers’ violations related to coronavirus shutdown. The New York Attorney General’s office in its announcement recently asked the workers to get in touch if they felt their employees are violating either the existing labor laws or recently issued New York State executive orders, including Governor Andrew Cuomo’s shutdown order and other COVID-19 related directives.
In the latest development with regards to the COVID-19 pandemic, it was revealed that some portion of the US workers fear that they will not be able to sustain during coronavirus pandemic. About 1 in 5 said that staying at home can lead to an inability to meet basic financial needs like paying rent or buying groceries. In a survey, carried out by Axios and market research firm Ipsos shared that while there is a stability in the access to the basic goods like food and toilet paper, about 31% of the workers feel that their access to healthcare has gotten worse and about 35% of workers reported about deteriorating mental health.
According to a statement by the Reach, the publisher of the Daily Mirror, Daily Express, and Daily Star newspapers will furlough about 1,000 of the employees, while the management along with the senior editorial team will take a pay cut by a fifth. The statement also featured the intend of the organization to furlough about 20% of its 4,700 employees during the coronavirus pandemic. It also stated that the ‘most senior editorial team’ will take a 20% cut in their salaries, while all the other employees will take a 10% pay cut.
According to the data collected on 27 March 2020, by the job posting site Indeed, there was a slump in the US labor market. The data revealed the occupations that were heavily affected by coronavirus has witnessed a dramatic change as compared to last year. The researchers also pointed out the fact that usually there is a surge throughout the spring, but this year the job postings are down by 15.2% as compared to 2019. Indeed also revealed that the surge in slowdown has been quite recent and the gap was about 7.2% as of 21 March 2020.
According to the Gender Pay Scorecard three of 50 major companies – Starbucks, Mastercard, and Citigroup – received an ‘A’ grade on their gender parity efforts. The scorecard was released on March 31, 2020, in recognition of Equal Pay Day. The scorecard revealed more than half of the top companies like AT&T, Goldman Sachs, McDonald's and Walmart received an ‘F’ grade thus failing in their commitment to gender parity.
According to the survey results from law firm Blank Rome, employers are still confused about how to respond to the coronavirus pandemic, including how it relates to employee complaints. The survey that was conducted between March 19 and March 23 revealed that only 12% of companies had received one or more complaints related to coronavirus. The survey also revealed that more than 93% of the complaints don’t fall under the traditional framework of employee complaints.
According to a survey conducted by Zenefits Workest about 30% of employees avoid going to HR with their problems while one-fifth of them don’t trust HR in their organization. There were about 500 employees and 300 HR professionals who contributed to the survey. The survey revealed a gap between HR and employees as about 31% of respondents revealed that they feared retaliation, while about 23% said they have experienced poor HR in their previous organization.
Gig workers like Uber and Lyft drivers have hit a bureaucratic wall in their efforts to apply for coronavirus jobless benefits, which were promised to all unemployed employees by Congress as state agencies. The said delay in the benefits claim by the state agencies is because they are clueless about how to handle this class of workers who are new to the US unemployment system. Gig workers, who were before the pandemic was considered as independent contractors, have been included in the federal government’s coronavirus stimulus bill to receive unemployment benefits, usually reserved for full-time employees.
The latest development in relation to the global pandemic coronavirus, Chipotle Mexican Grill Inc came under pressure for its policies amid COVID-19. The fast-food giant was under fire in just less than two months after it settled with NY city regulators over paid sick leave. According to a press call on Thursday, the chair of the city council’s health committee joined the Chipotle employees to voice concerns about the chain’s emergency pay policies that were not implemented properly.
In a recent development related to coronavirus, EU exec on Wednesday offered a wage-subsidy scheme to encourage employers to cut workers’ hours instead of cutting their jobs amid the coronavirus pandemic. According to EU exec, it is a plan that could be worth 100 billion euros in burrowing guaranteed by all EU countries. The proposal may find favor in countries like Italy, Spain, and France among others and may face opposition from countries like Germany, the Netherlands, Finland, and Austria.
According to a news report by BBC on Wednesday 1 April 2020, IAG-owned British Airways was expected to announce the suspension of 36,000 employees amid coronavirus crisis. The news agency also reported that airline has reached a broad deal with Unite union that would include layoffs of about 80% of jobs of BA’s cabin crew, ground staff, engineers and those working at head office.
As coronavirus makes its presence felt on the economy, another bank reel under its pressure as Italy’s top bank UniCredit is almost in agreement with unions post about two months of talks on layoffs. The bank before the talks wanted to suspend its 6,000 in its home market under a new four-year business plan. The agreement, which is expected to announce on 2 April 2020, has come at a time when the bank is battling coronavirus outbreak by closing more than its two-thirds of its branches and also stop dividend payments.
Amidst all the depressing news in the wake of global pandemic spread, there comes positive news from the Wall Street bank Goldman Sachs. The bank announced 10 days of paid family leave to its employees. The move was initiated by the bank for the employees to take care of their children and elderly parents during the coronavirus pandemic. Several other banks have also followed suit and offered extra paid time-off to their employees, as COVID-19 brought the life to a standstill.
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