Most workers can change jobs for higher pay and a more positive culture, a report from recruiting firm Accounting Principals and Ajilon, says. The survey was conducted among 1,000 U.S fulltime workers. 61 percent of workers would quit their jobs for 9 percent pay boost and 31 percent of workers will look for another job if underpaid, the survey further found.
Zappos and Fender have partnered to offer an employee wellness program to Zappos’s employees. The program provides Fender music learning app and instruments to employees. The duo believes in the “healing power of learning an instrument” which might help employees reduce stress and increase their creativity and confidence. Most employers are now considering employee wellness a priority.
TD Banks announced a program to help veteran finance professionals. The program will help their return to the industry following a career gap. It is available to credit management and commercial lending professionals with at least two years’ career gap, a press statement said. The program will help professionals, especially women, successfully resume their careers. 43 percent of women leave the labor force for familial or personal reasons.
The number of workers hired for permanent jobs in Britain fell down to the lowest in the last three years. In the last six months, permanent placements declined in a row. The hiring of temporary workers rose but remained close to its slowest pace in 75 months, KPMG and the Recruitment and Employment Confederation said.
A new Randstad survey found that one-third of the employees will quit their job if they are required to follow a conservative dress code. Employees are also ready to forgo a USD 5000 salary hike in favor of casual dress code. The survey further revealed that regardless of the employer’s dress code, 62 percent of workers will wear a suit in an interview.
A new study by the Pew Research Center has found that Americans don’t trust companies using facial recognition technology. As per the study, 56 percent of Americans trust law enforcement agencies to use the technology responsibly and only 36 percent of respondents said they trust tech companies to use the technology responsibly. Further, only 17 percent of surveyed people trust advertisers.
Uber and Lyft assert to Chicago City officials that the name of their drivers should be treated as trade secrets. The company asserts “it takes substantial resources to get a pool of eligible and licensed driver” and disclosing data would make it easier for competitors to recruit drivers. Chicago denied a freedom of information Act request asking for the names of drivers.
To keep employees on their payroll, employers may engage in breadcrumbing, which means making promises that never materialize. For instance, telling employees about upskilling or imminent salary raise. Instead, “you need to have consistent and intentional conversations with your employees to understand how they are feeling, what they are learning and where they want to be in their careers," Durst said.
Accenture has introduced an apprenticeship program. So far, the company has recruited 350 novice techies for its “earn while you learn” program. Accenture recruits from community colleges and pays them as they add job-specific skills. In addition to software engineering, data analytics, and cybersecurity, Accenture offers training apprentices in HR, finance, and marketing. “Apprenticeships are scalable”, CEO, Accenture says.
In the new legislation, New York has broadened its pay equity and banned employers from asking job candidates about their salary history. Andrew Cuomo, Governor of New York, signed the legislation into law on July 10. Though the pay gap between the U.S. men and women has reduced, women still earn 15 percent less, the Pew Research Center has found.
A survey conducted among 2,000 U.S. adults revealed that most candidates prefer in-person over virtual interviews. The survey was conducted on behalf of Yoh, a talent and outsourcing firm. The survey further found 59 percent of respondents see in-person interviews as the only way to gauge a new job opportunity and 17 percent of respondents said virtual interviews offer opportunities for technical glitches.
Tech giants, including Facebook and Alphabet, that are heavily dependent on data are increasingly gaining a fortune. However, workers, in the data annotation industry, who help these companies make money from the data provided by them are paid peanuts, Forbes reports. Giant companies employ fewer people and reportedly ire officials for tax practices.
Worldwide half of employees struggle to get answers to basic questions from HR or the IT help desk, says a study from Service Now. As work keeps getting more complex and fast-paced, this results in poor employee experience and drags down productivity. Kristine Dery, an MIT researcher, calls them “speed bumps”. Eliminating these speed bumps is a smart move for companies.
Google announced it will shut down Google for Hire on Sept. 1, 2020. Reportedly, the company will dedicate its resources to “other products in the Google Cloud portfolio”. Hire was launched two years ago. Google for jobs, which was launched at the same time has run into anti-trust complaints in the EU. Google developed Hire after acquiring BeBop for USD380 million in 2015.
79% of employers offer wellness programs to improve absenteeism/presenteeism, 78% of employers use the programs to attract and retain talent, and 76% say they use wellness programs to improve and maintain employee morale, according to Optum’s 10the annual Wellness in the Workplace study. Employers are also using digital technology to engage workers in health and well-being programs.
Following the #MeToo movement, there have been major upheavals in the workforce. One of them being – reluctance to interact with women. About 27 percent of men avoid one-to-one meetings with female coworkers, 21 percent of men are reluctant to hire a woman that requires close interaction, and 19 percent of men would be reluctant to hire an attractive woman, the study further found. Internalized misogyny is pervasive and slowly spreading through the industry.
The inflexible work schedule is pushing working women young children out of the labor force, a new survey from flex jobs found. About 42 percent of women with young children find it difficult to restart their career, the survey further found. FlexJobs citing the data from the US Bureau of Labor Statistics revealed that mothers with young children were less likely to be in the workforce as compared to mothers with older children.
Trilogy Education has partnered with Columbia and Rice Universities to offer FinTech boot camps. The boot camp will offer participants the relevant industry experience. In addition, the camp will equip the participants with tools that will aid in predictive stock price models and blockchain. Boot camps are a novel way to find the right talent for their organization and create a talent pool in a tight labor market.
Hundreds of Apple workers across Europe who were employed to check Siri recording for errors lost their jobs after the company suspended the program. Over 300 workers, at the company’s Cork facility alone, lost their jobs. Workers were on paid leave since 2 August, the day Apple announced to suspend the program. Reportedly, many employees were concerned about the ethics of the program.
A new Envoy and Wakefield Research poll conducted among 1,000 workers found that 70 percent of employees working in offices with modern aesthetics and state-of-the-art technology were happy. In contrast, only half of the employees working at dowdier offices were happy with their jobs, the study further noted. The happiest workers had free beverage stations, company cafeteria, and the ability to control conference room temperature among other things.
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