Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Employers"


25 mentions found


Law professor on whether employers can mandate the Covid vaccine
  + stars: | 2021-06-24 | by ( ) www.cnbc.com sentiment -0.98   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaw professor on whether employers can mandate the Covid vaccineDorit Reiss, law professor at the University of California Hastings, joined "Squawk Box" on Thursday to discuss the legal questions surrounding companies mandating the coronavirus vaccine.
Persons: Dorit Reiss Organizations: University of California Locations: University of California Hastings
Massive demand for workers gives Americans a new "bargaining chip" for earning higher pay, he added. The president allayed a range of concerns around the economy during a Thursday press conference. Among them is the nationwide labor shortage, which has seen hiring slow despite millions of Americans still being unemployed. The president's comments were made during a press conference focused on the $1 trillion bipartisan deal for infrastructure spending that Biden had thrown his support behind earlier on Thursday. The package represents just half of the White House's economic plan, Biden said during the afternoon press conference.
Persons: Biden, Joe Biden, allayed Organizations: Service, White, Employers, Biden
LaSalle's Tom Gimbel on employers requiring workers to get vaccinated
  + stars: | 2021-06-23 | by ( ) www.cnbc.com sentiment -0.79   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaSalle's Tom Gimbel on employers requiring workers to get vaccinatedMorgan Stanley told staff Tuesday that workers and clients who are not vaccinated will be barred from returning to New York City and Westchester Country offices beginning July 12. Employees who aren't vaccinated will have to continue working remotely. The move will allow the bank to lift mask and physical distancing requirements in its offices. Tom Gimbel, founder and CEO of LaSalle Network, joined "Squawk Box" on Wednesday to discuss the return to the office debate.
Persons: Tom Gimbel, Morgan Stanley Organizations: Westchester Country, Employees, LaSalle Network Locations: New York City
Former FDA chief Dr. Gottlieb on employers mandating Covid vaccines
  + stars: | 2021-06-23 | by ( ) www.cnbc.com sentiment -0.64   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer FDA chief Dr. Gottlieb on employers mandating Covid vaccinesMorgan Stanley told staff Tuesday that workers and clients who are not vaccinated will be barred from returning to New York City and Westchester Country offices beginning July 12. Employees who aren't vaccinated will have to continue working remotely. The move will allow the bank to lift mask and physical distancing requirements in its offices. Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA commissioner, joined "Squawk Box" on Wednesday to discuss.
Persons: Gottlieb, Morgan Stanley, Scott Gottlieb Organizations: FDA, Westchester Country, Employees, Pfizer Locations: New York City
According to Freelancers Union, at current rates of growth, the overall US workforce will be majority freelance by 2027. Many creators rely on established tech platforms and build leaner "storefronts" on Instagram and YouTube. If you're a creator, you need to be thinking about next steps. Many now offer programs that support creators early on, like Pinterest and Tiktok, or offer supply side equity, like Airbnb. The growth of the creator economy is also going to put a lot more pressure on traditionaly employers to retain and reward their workforce.
Persons: Mercedes Bent, GenZers, Signalfire, Twitch, Issa Rae, Seth Rogen, They're, Kylie Jenner, Instagram, Z, Sarah Cooper, Trump, , Jimmy Donaldson, they'll Organizations: Lightspeed Venture Partners, Employers, Union, YouTube, Netflix, Lightspeed Locations: Dua Lipa, TikTok
Pendulum swingAbout half of the states with legal medical cannabis have explicit employment protections for registered medical cannabis patients, and states such as New York and Nevada have statutes that limit the firing of employees for recreational cannabis use. Caldwell has represented laboratories and drug testing industry members in litigation. Even the federal government has relaxed some policies toward certain employees' use of cannabis, Marijuana Moment has reported . While state cannabis laws, including measures specific to employment drug testing, have been a major driver of this private-sector shift, economics have played their part, too, Challenger said. The pay scale has to improve, he said, adding that he believes the automaker should seriously consider adjusting its drug testing policy in order to attract more workers.
Persons: It's, Andy Challenger, Faye Caldwell, Caldwell Everson PLLC, Caldwell, Paul Armentano, Armentano, Keisha Lance Bottoms, Barry Sample, We've, Challenger, I've, headcount, Rich LeTourneau, Dan Flores, Pink, The Denver Post Brandon Coats, Coats, Michael Evans, Brandon Coats, Colorado's, Ashley Weber Organizations: San Francisco, CNN, US Department of Transportation, Marijuana Opportunity Reinvestment, CNN Business, National Organization, Marijuana, Cannabis Parade, Quest Diagnostics, UAW, General Motors, Detroit Free Press, Fort, Sacramento Bee, The Denver Post, Colorado Supreme, Dish Network, Denver Locations: San, New York, Nevada, Houston , Texas, Arizona , New Jersey, Pennsylvania, New York City, States, Atlanta , Georgia, it's, Michigan, Indiana, Fort Wayne , Indiana, California, Colorado, In California, Sacramento Bee In Colorado, Centennial , Colorado
Confidence among UK employers hits five-year high - REC
  + stars: | 2021-06-22 | by ( ) www.reuters.com + 0.92   time to read: +1 min
People walk past a sign in a shop window amid the outbreak of the coronavirus disease (COVID-19) in Manchester, Britain, December 15, 2020. The Recruitment & Employment Confederation's measure of business confidence surged by 21 percentage points to a net reading of +11. "This surge in employers' confidence in the UK economy is remarkable," Neil Carberry, REC chief executive, said. REC said employers' confidence about hiring and investment was the highest since March 2016 at +29. The data was based on telephone polling of 600 employers between March 8 and May 28.
Persons: Phil Noble, Neil Carberry, William Schomberg, David Milliken Organizations: REUTERS, European Union, REC, Bank of England, Thomson Locations: Manchester, Britain
Bringing back workers safely may require identifying those who got a Covid-19 shot with badges or bracelets, raising discrimination issues. Several states, including California, Michigan and Oregon, have their own rules or guidance on documenting vaccination status for workers but they are generally less strict than in Santa Clara County. In Montana, however, a recently enacted law discourages employers from asking about vaccination status because it could lead to discrimination claims, according to employment lawyers. Christopher said he is considering a mask-free shift for vaccinated workers and another shift for workers who haven't had their shot to avoid discrimination and tension. But asking farm laborers about their vaccination status and entering their details in a database could hurt recruitment efforts, he said.
Persons: Christopher Ranch, couldn't, Ken Christopher, Christopher, Eric Hobbs, Ogletree, haven't, Jim Frederick, Peter Hunt, Alix Mayer, Helen Cleary, they've, Cleary Organizations: Employers, Workers, Occupational Safety, Health Administration, Reuters, The U.S . Centers for Disease Control, Flex Ltd, Children's Health Defense Locations: California's Santa Clara County, Silicon, California , Michigan, Oregon, Santa Clara County, In Montana, Milwaukee, U.S, California, ServiceNow
Several states, including California, Michigan and Oregon, have their own rules or guidance on documenting vaccination status for workers but they are generally less strict than in Santa Clara County. In Montana, however, a recently enacted law discourages employers from asking about vaccination status because it could lead to discrimination claims, according to employment lawyers. Christopher said he is considering a mask-free shift for vaccinated workers and another shift for workers who haven't gotten their shot to avoid discrimination and tension. But asking farm laborers about their vaccination status and entering their details in a database could hurt recruitment efforts, he said. “We trust employees to do a lot of things.
Persons: Lucy Nicholson, Christopher Ranch, couldn't, Ken Christopher, Christopher, Eric Hobbs, Ogletree, haven't, Jim Frederick, Peter Hunt, Alix Mayer, Helen Cleary, they've, , Cleary, , Tom Hals, Stephen Nellis, Jane Lanhee Lee, Elizabeth Dilts, Sonya Hepinstall Organizations: REUTERS, Employers, Workers, Occupational Safety, Health Administration, Reuters, U.S . Centers for Disease Control, Flex Ltd, Children's Health Defense, ServiceNow Inc, Thomson Locations: Gilroy , California, U.S, California's Santa Clara County, Silicon, California , Michigan, Oregon, Santa Clara County, In Montana, Milwaukee, California, Wilmington , Delaware, San Francisco, New York
What’s the best way to answer this thorny question during a job interview: How do you feel about working from home? The bottom lineThis question will almost certainly come up if the job you’ve applied for could conceivably be done remotely. Prepare as much as you can before the interview so you have a sense of what the company’s current policies are. Many individuals have developed strong preferences, and they may be at odds with those of prospective employers. “Speak to people who work there, look up news about the company, figure out what their culture is and how they operate,” she says.
Persons: , Alexandra Carter, , you’re, Debra Wheatman Organizations: “ Employers, Clinic, Columbia Law School
And the Wall Street bank even ordered staffers to divulge whether they've been vaccinated. Even more than other industries, Wall Street is clearly in a rush to turn the page on this extended era of virtual work. But it's much more pronounced on Wall Street, where the degree of competition has always been several levels above the rest." If Wall Street moves too aggressively, it could lose talent to more nimble yet equally lucrative industries like Silicon Valley. Of course, not all of Wall Street is rushing back to the office.
Persons: Morgan Stanley, James Gorman, Goldman Sachs, Slack, Mike Mayo, Marshall Sandman, WarnerMedia, Art Hogan, Hogan, Dennis Kelleher, Kelleher, Susan Gross Sholinsky, Epstein Becker Green, Sholinksy, JPMorgan Chase, Dan Suzuki, Richard Bernstein, Anthony Scaramucci, Brahm Pillai, Pillai, Ann Berry, it's, Berry, Sandman Organizations: CNN, Labor, Wells, Cornell, Credit Suisse, Wall, National Securities Corp, Better, Employers, JPMorgan, Richard, Richard Bernstein Advisors, SkyBridge, Wall Street, Goldman, CNN Business, Google, Hulu, Twitter Locations: York, Wells Fargo, Silicon Valley, New York, New York City
Jennifer Deal is a senior research scientist at the Center for Effective Organizations at the University of Southern California. On the positive side, the pandemic forced many young adults to practice certain skills that employers are likely to find useful. For example, students had to collaborate with geographically dispersed teams to create and deliver work, work in new platforms with little training and form relationships with supervisors (professors and teaching assistants, as well as “work” colleagues) they never met in person. Students who were used to having guardrails set up around their time had to manage their work without those supports. For example, students have had less practice in managing the social aspects of office life and navigating the politics.
Persons: Jennifer Deal, haven’t Organizations: Center, University of Southern Locations: University of Southern California
While some companies may stick with remote work, others are calling employees back into the office. If you're someone who prefers remote work, here's what you should do to avoid wanting to quit. "Half of my clients are working remote jobs," Silins said. Don't forget to let your family, friends, and trusted colleagues know you're in the market for new work opportunities. Online job sites currently highlighting remote work include Indeed.com, Ziprecruiter.com, and FlexJobs.com.
Persons: you'll, Karen Silins, Robert Half, Andres Lares, Lares, Silins, it's Organizations: Kansas, Shapiro Negotiations, Employers, Consulting, Professional Association Locations: Kansas City, COVID
JGI/Jamie Grill | Tetra images | Getty ImagesMany workers who stash money in a 401(k) retirement plan get some sort of matching contribution from their employer — it just may be a while before that money is entirely theirs. The most common length of time that workers wait to be 100% vested in company matches is three years, Credico said. "The additional money saved by not vesting short-term employees can be used to provide a large match to longer-service employees," Credico said. Despite the potential for facing a years-long vesting schedule, it's still worth contributing at least enough to get your company match if you can afford to, experts say. If you are able to contribute more than just enough to get the match, financial advisors generally recommend that you do.
Persons: Jamie Grill, Robyn Credico, Willis, Willis Towers Watson, Credico, it's, Kathryn Hauer, Wilson David, Hauer Organizations: Employers, Willis Towers, Bureau of Labor Statistics, Wilson David Investment, Finance Locations: Aiken , South Carolina
Fed Meeting Likely to Signal Possible Policy Shifts
  + stars: | 2021-06-16 | by ( Paul Kiernan | ) www.wsj.com + 0.00   time to read: +5 min
Fed officials want the economy to get closer to their goals of “maximum employment” and sustained, 2% inflation before reducing the bond purchases. Evidence of rising inflation expectations would likely require the Fed to tighten policy sooner or more aggressively than planned to re-anchor those expectations around 2%. In addition to updating their interest-rate expectations, Fed officials’ individual projections will likely show upwardly revised inflation and economic-growth forecasts from March, when their previous estimates were released. The Fed’s postmeeting policy statement is also likely to undergo changes. Fed officials indicated before the blackout period that they believed the labor market still needed central-bank support.
Persons: WSJ's Jeffrey Sparshott, , Ian Shepherdson, Carter McCall, Jerome Powell’s, hasn’t, Powell, Paul Kiernan Organizations: Federal Reserve, Fed, Treasury, Time, Employers, Labor, Pantheon Locations: WASHINGTON, U.S
Want a job? Employers say: Talk to the computer
  + stars: | 2021-06-15 | by ( The Associated Press | ) www.nbcnews.com + 0.00   time to read: +9 min
New rules proposed by the European Union would subject such AI hiring systems to tighter regulation. She was rejected again after completing a HireVue interview for a different job in December. The proposed EU rules, unveiled in April, would force providers of AI systems that screen or evaluate job candidates to meet new requirements for accuracy, transparency and accountability. Kian Betancourt, a 26-year-old who is pursuing a doctorate in organizational psychology at Hofstra University, also failed a remote HireVue interview for a consulting position earlier this year. "Tell people exactly how we’re being evaluated, even if it’s something as simple as, 'This is an AI interview,'" he said.
Persons: Dana Anthony, Anthony didn’t, Anthony, , Aislinn Kelly, JP Morgan, Goldman Sachs, Kevin Parker, HireVue, Parker, Outmatch, Target, , We’re, Kelly, Lyth, Critics, Sarah Myers West, Kian Betancourt, Betancourt Organizations: Oxford University, European Union, Target, Ikea, Associated Press, University of North, Privacy, Center, Federal Trade Commission, AP, Sarah Myers West of New York, Hofstra University Locations: U.S, Utah, , University of North Carolina, Europe, Sarah Myers West of New
NEW YORK (Reuters) - From lumber prices to wages and inventories: Reading the clues around inflation has turned into an investor obsession. As investors assess the risks of rising prices to financial markets, however, some think the biggest gains in inflation are already in the rear-view mirror. Koesterich thinks inflation will likely run above trend lines well into 2022 given the bottlenecks in global supply chains. Investors who bet on inflation typically move into groups better-positioned to weather price rises, like materials and energy and companies with pricing power. REASONS TO WORRYWhile the majority of investors believe inflation is transitory, according to a Bank of America fund manager survey, worries remain.
Persons: Leah Millis, , Russ Koesterich, Koesterich, Jeff Mayberry, ” Mayberry, Ernesto Ramos, Morgan Stanley, Michael Wilson, Greg Wilensky, Janus Henderson, Wilensky, “ I’m, ” Paul Tudor Jones, ” Morgan, James Gorman, Mohamed El Organizations: YORK, Federal Reserve Board, REUTERS, Employers, Fed, BMO Global Asset Management, Bank of America, U.S, Securities, Tudor Investment Corp, CNBC, ” Morgan Stanley, Allianz, Locations: Washington , U.S, Treasuries
L2N2NR2Q5 read moreAs investors assess the risks of rising prices to financial markets, however, some think the biggest gains in inflation are already in the rear-view mirror. That is in line with the Federal Reserve's notion that inflation will be "transitory." Koesterich thinks inflation will likely run above trend lines well into 2022 given the bottlenecks in global supply chains. REASONS TO WORRYWhile the majority of investors believe inflation is transitory, according to a Bank of America fund manager survey, worries remain. He said he would be "really concerned arguing that inflation is transitory" with inventories at a "record low" while demand is "screaming."
Persons: Leah Millis, Russ Koesterich, Koesterich, Jeff Mayberry, Mayberry, Ernesto Ramos, Morgan Stanley, Michael Wilson, Greg Wilensky, Janus Henderson, Wilensky, Paul Tudor Jones, Morgan, James Gorman, Mohamed El, David Randall, Megan Davies, Dan Grebler Organizations: Board, REUTERS, Employers, BMO Global Asset Management, Bank of America, U.S, Securities, Tudor Investment Corp, CNBC, Morgan Stanley, Allianz, Thomson Locations: Washington , U.S, Treasuries
"The job market's heating back up, and it's come to a boil really quickly," Miranda Kalinowski, the head of global recruiting at Facebook, said. We're here to bring the world closer together, and we want people who really understand and connect to our mission. Our main principle is to make sure in-office time is designed around work that people need to do. They need to think about how they learn and where they are driven to do their best work. They also need to think about where they're at in terms of their life and job.
Persons: they're, it's, Miranda Kalinowski, , Kalinowski, There've, they've, we've Organizations: National Association of Colleges, Employers, Facebook
Having a job right now means longer hours and slow pay growth
  + stars: | 2021-06-14 | by ( Ben Winck | ) www.businessinsider.com + 0.00   time to read: +3 min
While new hires are benefitting from rising pay and new incentives, employed Americans face worsening conditions. It's another story for employed Americans. Work hours dipped slightly to 34.3 in May, landing just below 20-year highs. By comparison, the average rose as high as 3.9% in late 2019. Taken together, the data signals a broad rethink of how Americans work and what they demand as compensation.
Organizations: Employers, Federal Reserve Bank of Atlanta . Federal Reserve Bank of Atlanta, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York
Forget Going Back to the Office—People Are Just Quitting Instead
  + stars: | 2021-06-13 | by ( Lauren Weber | ) www.wsj.com + 0.00   time to read: +8 min
The shift by Americans into new jobs and careers is prompting employers to raise wages and offer promotions to keep hold of talent. Instead, after a round of layoffs, he found the team had one member, and he was it. Melanie Chavez recently started a job that calls on her networking skills and her passion for diversity and inclusion. ‘I really feel like I’m going to shine.’ Photo: Kamara SwabyThe days were stressful, he says, and there were few opportunities for promotion. “I really feel like I’m going to shine.”Edward Moses is pleased with his new job as a technical writer.
Persons: Edward Moses, Melanie Chavez, Kamara Swaby, Moses, , Steve Cadigan, “ It’s, Draney, , Pluralsight, Ian Crawford, Larry Garvin, Mr, Sam Martin, Crawford, Mai Lan Nguyen, Kathie Patterson, Patterson, Cadigan, Chavez, ” Edward Moses, Evan Jenkins, Lauren Weber Organizations: Labor Department, Prudential Financial Inc, , LinkedIn, , Utah Global, University of Utah, Employers, Schneider Electric, Financial, , The Wall Locations: Kentucky, Louisville, Schneider Electric North America, Detroit, lauren.weber
A record 5.6% of restaurant workers quit their jobs in April. The restaurant industry has a record 1.34 million job openings. Restaurant workers quit at record levels in April, and it's another sign that employers are going to have to work harder to attract and retain workers. The sector also saw a record high of 1.34 million job openings in April, an increase of 350,000 over March numbers. Others are "rage quitting" without another job lined up at all, fed up with low pay and poor treatment from customers.
Persons: Gordon Haskett, Travis Organizations: Analysts, Gordon Haskett Research Advisors, of Labor Statistics, Employees International Union Locations: Atlanta
The memo didn’t require that workers be vaccinated, or to provide proof of vaccination — just which vaccine they received and when. Directives like Goldman Sachs’ that ask about vaccine status could be the first step to eventually issuing an employee mandate. Employees in the office — regardless of vaccination status — must wear masks and work at desks set up for social distancing, she added. Vaccinations are politicized as well,” said Brian Kropp, chief of research for the HR Practice at Gartner. Some governments are addressing the topic proactively: California’s Santa Clara County, for instance, mandated that employers must monitor employees’ vaccination status — a stance that has prompted a backlash from some local small business owners, NBC’s San Francisco-area affiliate reported.
Persons: Goldman Sachs, , Michael Schmidt, ” Schmidt, , Gartner, Amy Frampton, Brian Kropp, ” Gartner, Schmidt, Frampton, NBC’s, Joe Biden's, Kropp, , ” Kropp, “ We're Organizations: New York Times, Times, Employees, Gartner, ” Employers, Commission, Reuters, Locations: Covid, U.S, America, Santa Clara County, NBC’s San Francisco
Jobless Claims Likely Eased Last Week
  + stars: | 2021-06-10 | by ( Sarah Chaney Cambon | ) www.wsj.com sentiment -1.00   time to read: +1 min
The number of workers seeking unemployment benefits likely marched further downward last week, a sign that companies are hesitant to lay off employees as the economy quickly recovers. Jobless claims are at the lowest levels since the pandemic hit last spring. Economists surveyed by The Wall Street Journal expect the Labor Department to report that claims, a proxy for layoffs, declined to 370,000 last week from 385,000 a week earlier. Claims remain well above weekly filings of just over 200,000 logged before the pandemic shut down large parts of the economy in March 2020. Employers added 559,000 jobs in May, falling short of many economists’ predictions and reflecting businesses’ difficulties filling open jobs as potential workers remain on the sidelines.
Persons: , David Berson Organizations: Wall, Labor Department, “ Employers, Nationwide Mutual Insurance Co, Employers
Reopening U.S. economy fuels inflation, labor market recovery
  + stars: | 2021-06-10 | by ( Lucia Mutikani | ) www.reuters.com + 0.00   time to read: +6 min
May's inflation drivers appear to be temporary, fitting in with Federal Reserve Chair Jerome Powell's repeated assertion that higher inflation will be transitory. "Areas not impacted by the pandemic are moderating the CPI rise. In another report on Thursday, the Labor Department said initial claims for state unemployment benefits fell 9,000 a seasonally adjusted 376,000 for the week ended June 5. Though layoffs are subsiding, claims remain well above the 200,000 to 250,000 range that is viewed as consistent with a healthy labor market. At least 15.3 million people were on unemployment benefits under all programs during the week ended May 22.
Persons: Jerome Powell's, Chris Low, Britni Mann, Chris Aluka Berry Read, Charlie Ripley Organizations: COVID, Federal, FHN, Reuters, CPI, REUTERS, Fed, Allianz Investment Management, Treasury, Employers, Labor Department, Thomson Locations: New York, Roswell , Georgia, U.S, California, Pennsylvania, Florida, Texas
Total: 25