Internal emails accessed by the WSJ suggest employees discussed tweaking search results algorithmically to direct traffic towards Pro-immigration websites, to protest Trump’s Travel ban. Though not implemented, the act itself would’ve been alarming to see a company holding monopoly exercise unbridled power to manipulate political outcomes.
AI is capable enough to uncover personality traits from social media accounts and revealing character traits. Firms like HireView and DeepSense have gained momentum lending automated-authority to hiring managers underlining the mainstreaming trend. With the suite of services spanning from expression reading to intonation analysis from video recordings, bagging your next job at a top-notch company is only going to get tougher.
Although the new law may not come in effect till 2019, yet the governmental commotion suggests that talks are in full swing with unions & employers. Following a third international bailout for Greece since being paralyzed in 2008, the increase in worker wages would be in line with the manifesto that shot Prime Minister Alexis Tsipras to power.
A study suggests among the firms on the Russell 3000 index, LendingClub tops relocation expenditure for employees helping as much as 772 senior executives to shift places. The fact is not to cannibalize others against such practices in recruitment which have actually become commonplace. Organizations with the likes of Walmart having deep pockets are willing to table large sums to outclass competition in recruiting talent in foreign locations.
Hong Perez, a fired sales executive of Spotify will lock horns with the company in the court of law. The charges include gender bias, defamation, and equal pay violation. Central characters of Perez’s story points to a male-chauvinistic culture the streams of which were powered by Brian Berner, head of Sales, US. The company isn’t shying from a confrontation, it seems, expressing in a statement that the claims are baseless.
The 2018 Future of Jobs report by WEF corroborates the otherwise grim reality that the ongoing automation will eradicate humans from workplaces. Its survey of acclaimed CHROs revealed the gradual expiry of 984,000 jobs to be eclipsed by 1.74 million new ones. It is even projected that by the end of the first quarter of our century, computational intelligence will perform about half of the official tasks alongside humans.
The stark reality of provoking an anti-foreign population sentiment has started taking its toll on regional economies as indicated by numbers. For starters, there was a 40% fall in the total number of visas issued by the State Department from 2015 to 2017. Plummeting foreign student numbers have local businesses grappling with a shortfall in demand, particularly in the Rust Belt region of the country that’s hoping for a change in attitudes.
More than 1,400 employees will be exempted from compulsions to sign contracts which keep them from joining a competitor. For managerial pool with specialized expertise, including their subordinates which comes up to about 1,800, non-competes will be loosened. Relaxations would include a lesser time frame & readjusted operative location from 12-to-6 months and region-to-a-few-miles respectively.
The world’s largest package delivery company has announced plans to pump its workforce numbers temporarily to match the surge in e-commerce orders. The up-size move is in congruence with businesses in logistics and retail. Similarly, Target Corp will recruit about 120,000 workers in the last quarter. The common folk is expected to spend more this year thanks to strong economic indicators.
The Ministry of Education in Luxembourg is keen to make the most of the inflated labor market helped by the cause of Brexit. Inadvertently cadging jobs from London, the migrating professionals from the UK could have their off-springs take up English lessons in addition to French or German. Latest initiatives aim to accommodate incoming people the majority of whom would seek fundamental education for their young ones.
An unexpected increase in the number of Chinese sellers on its website has cast Amazon’s eye of suspicion towards its own employees. Apparently, some of the lower paid Chinese personnel could be brokering merchant secrets to third-party sellers for bounties up to $2,000. Although an internal matter, you can’t help but think could the trade war between the nations be showing its implications here?
The company which has been making a killing facilitating HR solutions for small businesses raised $180 million in 2018 and shimmers at a valuation of $2 billion. Innovating software packages to reduce data management pain points, the company would soon roll-out features such as flexible pay allowing staff to withdraw compensation prior to payday.
The weary process which accredits asylum-seeking immigrants with a ‘refugee’ status has broadened the worries of restauranteurs who can’t lure the citizenry to kitchen jobs. The process, which the current president has sought to reduce to 6 months from 11, prevents employers to recruit from an interested talent pool. The status quo is hurting businesses heavily who are having to shut-shop early in the day due to a shortfall in staff.
A Reuter’s poll reveals the stark reality Japanese businesses need to overcome if they are to realize Shinzo Abe’s dream of Womenomics. As much as 75% of the companies are running their boards without any female representatives with many having less than 10% female population to account for. With the recent discrimination scandal at a Tokyo medical school, there needs to be a shift in hiring attitudes who overlook female potential, only for their mid-career household compulsions.
80,000 temporary contractual workers will be on-boarded to balance the spiked footfall this festive season. Of that, 23,500 will be dedicated to managing Macy’s online orders. The remainder shall be deployed for backend and ground-support operations also required to participate in the Thanksgiving Day Parade in NYC. Quarter-4 often accounts for a third of the annual sales for many retailers in the US with boosted-sales playing into stronger New Year stats.
The legislative relaxation created enough breathing space for employers to recruit more offering fairly improved hikes. As a result, 44,000 jobs were added to the economy since July restricting unemployment at 5.3%. Everything seems to tick as the government braces up for upcoming elections in search for inflation drivers. As long as it doesn’t deviate from the current trajectory!
Guido Kerkhoff, the interim replacement of Heinrich Heisinger looks put a wedge between the conglomerate’s engineering and shipbuilding business units, functioning currently as one. Marcel Fasswald is rumored to supervise one of the units, once the newly welded structure’s in place. Word has it that Kerkhoff’s future hangs in the balance, resting on his overseeing the engineering unit.
Morrisons, one of UK’s largest supermarket chains, is facing gender pay disparity claims amounting to well over a whopping £1 bn. Filed by Leigh Day, the suit seeks to compensate women workers at the retailer giant who claim they have received lesser compensation than their male counterparts for similar role in the retailing giant’s distribution centers. The number of eligible workers for the claim number at 80, 000, running the total tab to over a billion pounds. The law firm is also taking other big UK retailers to task under the Equal Pay legislation. Tesco PLC is also being investigated to the tune of £4bn.
Mexico’s largest airline, Aeromexico, is facing a backlash for cutting down on benefits after one of their aircraft crashed in July. The benefits cut-down, which affects around 2,400 pilots was in addition to three pilots who have been fired already. It drew a lot of flak from Asociación Sindical de Pilotos Aviadores (ASPA), the aviation workers’ union in Mexico. The strike, which has been called on the 1st of October, poses significant risk to travelers and business passengers, while also signaling further complications in the already volatile work conditions in global aviation.
Business media has often compared him to the Grand Master of the Jedi order, and he has certainly transcended galaxies in this quest to make the Chinese e-Commerce giant a renowned name worldwide. Now he’s hanging up his lightsaber for good. Jack Ma formally announced his retirement from an active role as the Executive Chairman of Alibaba, making way for his successor Daniel Zhang, currently the CEO of the company. Zhang will transition to the role by September 10th, 2019. Ma will stay on as a director.
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