Human resources (HR) professionals are facing more challenges than at any other time in history. A global health crisis, layoffs, mental health crises, social unrest and an economic downturn are just a few of the key issues keeping HR professionals up at night.
Citigroup Inc. will soon offer workers the ability to take a 12-week sabbatical as part of a bevy of new employee perks in the wake of the coronavirus pandemic. Staffers also will be able to buy as many as five extra vacation days annually starting next year, and the bank is debuting a program that will allow employees to work pro bono with a charitable organization for as much as four weeks while still receiving 100% of their base pay.
Employers are preparing for changes the U.S. Department of Labor (DOL) may make under President-elect Joe Biden's administration. From joint-employer issues to Office of Federal Contract Compliance Programs (OFCCP) and Occupational Safety and Health Administration (OSHA) action, the DOL is likely to shift direction on many fronts
U.S. Department of Labor concluded that Dell EMC discriminated against women in engineering, manufacturing, marketing and sales roles and paid women and Black employees less than White men. Under strict monitoring from the State, other leading employers are taking measures to bridge the pay gap. Government-mandated disclosures have been shown to narrow the gender wage gap, according to research.
OwnBackup, a leading cloud-to-cloud business continuity platform, recently announced the appointment of Laura Cooper to its executive leadership team. Cooper was recently selected as one of Crain’s New York’s 2020 Most Notable Women in Talent Resources. OwnBackup aims to double again its headcount over the next year.
Best Western hotel allegedly denied paid leave to 13 workers. The said employees needed to quarantine after they contracted COVID-19. The hotel violated Families First Coronavirus Relief Act (FFCRA), which "qualifies employees for paid sick time to care for themselves and their families due to coronavirus-related reasons.
Rampant unemployment is sweeping the global job market leaving employees scampering for opportunities. Many are changing their industries or are relocating in search of jobs, the findings published by Challenger, Gray & Christmas, Inc said. The shortage of skills remains a big impediment in employee transition.
Reddit will allow its workers to choose to work from anywhere. The company will not adjust compensation for geographic locations. Its new policy will exclude employees whose roles demand them to attend office in-person. Several companies are realigning their work-from-home policies, which will extend in the post-COVID period.
The agency has said that it won't increase employee 401(k) contribution limits for 2021. In the coming year, the limit will remain at USD 19,500. This year the limit was upped by USD 500. More and more employers are encouraging employees to streamline their retirement plans.
COVID-19 has birthed several health hazards for frontline retail workers. To address the same, the National Retail Federation (NRF) Foundation unveiled the launch of two new credentials in its RISE Up program — retail operations and customer conflict prevention. The first offers training on safety protocols, and the second trains retail workers on de-escalating issues.
This September, the US witnessed the highest unemployment rates for fresh graduates aged between 20 and 24. COVID-19 has derailed the career plans of many. The longer the young people are forced to delay their careers, the worse their prospects will be. A delay in starting careers also means a delay in accumulating wealth, getting married, or starting a family.
A recent report from Gartner says that compared to last year, the average employee's capacity to absorb change without becoming fatigued "has been cut in half" this year. Fewer employees are trusting their employers. Coaching, organizational trust, and team cohesion can help employees become more resilient.
A survey published by Consumer Technology Association says tech leaders are having a hard time finding the right talent. 80% need more employees with tech skills and 75% aren’t able to find candidates with the right skills and abilities. Employers are introducing new programs like train-to-hire apprenticeships and bootcamps to expand their candidate pool.
The latest numbers from the Labor Department indicate a significant decline in unemployment insurance. More than 1 million people have reportedly stopped collecting claims. One estimate says that about half the decline is due to other reasons. It has cited the shift to other programs for longer-term unemployment and dropping out of the labor force as potential reasons.
Dillard’s has agreed to pay $900,000 to settle a race discrimination lawsuit by the U.S. Equal Employment Commission (EEOC). The lawsuit alleged that Dillard’s failed "to promote African American employees based on race". The employer has also agreed to take several corrective actions including integration of new promotion policies, posts, and training.
Confusion over policies can land employers in legal trouble. A Walmart employee’s case has been revived citing contradictory directions over absence call-outs. The said employee was injured at the job and was communicating with an outside administrator. Later on she was fired for her absence. The employee has sued Walmart, alleging FMLA interference.
In a Wednesday email, the Exxon Mobil chief executive informed employees of upcoming job cuts. In his email to its 75,000-person workforce, CEO Darren Woods said the job cuts are part of a damage control plan unveiled this spring to redesign how Exxon works and to increase competitiveness. The company reportedly has been making losses for the past many months.
75 percent of senior management openings vacated by men are filled by men. However, when a woman leaves a senior management role, the opportunity is evenly split between male and female successors. Women are more frequently replacing men in lower- and middle-management positions. The findings have been published by Visier.
In a recent survey by Willis Towers Watson, more than one-third of U.S. employers said they have trimmed the projected salary increases for 2021. While many employers are expecting a return to normalcy in 2021, many others are rethinking their plans. Willis Towers Watson is an advisory firm.
Demand for mental health treatment upped during the COVID-19 pandemic. But there’s a widespread shortage of mental health professionals. Lyra and Calm, both start-ups, have teamed up to provide meditation, mindfulness, and sleep support through their app. Employers like Pinterest say mental health services are a popular benefit.
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