DIRS.INFO The most relevant business & tech news

☆ Explainer: What's at stake as Alberta seeks to split from Canada Pension Plan
▼ + stars: | 2023-11-01 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

TORONTO, Nov 1 (Reuters) - Canadian Finance Minister Chrystia Freeland will seek to challenge Alberta Premier Danielle Smith's plan to pull her province out of the Canada Pension Plan (CPP), in a meeting with provincial and territorial counterparts on Friday. A nationwide pension scheme called CPP that took contributions from paychecks began in the late 1960s. CPP Investments - an entity to manage its assets - was created in 1997 by the Canada Pension Plan Investment Board Act. AIMCo has not been considered a vehicle for a new Alberta pension plan. If Alberta walks away with more than 22.5% of assets, CPP contributions from everywhere else in the country would have to increase, Tombe estimates.

Persons: Chrystia Freeland, Danielle Smith's, Justin Trudeau, Pierre Poilievre, paychecks, AIMCo, SMITH, Smith, Patrik Marier, Trevor Tombe, Tombe, Maiya Keidan, Deepa Babington Organizations: TORONTO, Canadian Finance, Canada, Conservative Party, CPP Investments, Plan Investment, Investments, Alberta Investment Management Corp, Concordia University, University of Calgary, British Columbia, Thomson Locations: Quebec, Alberta, Ottawa, ALBERTA, Western, Ontario

☆ Gen Z is lonely. Going back to the office may be the cure for some.
▼ + stars: | 2023-10-31 | by ( Aaron Mok | Lakshmi Varanasi | ) www.businessinsider.com time to read: +12 min

The solitude of remote work seemed to particularly hit Gen Z workers — who began their careers as workplaces went from in-person to virtual — hard. With companies asking — and in some cases mandating — their employees return to the office, Gen Z workers who are going in regularly have said they have a renewed sense of confidence in their jobs. Since Fitchett's employer started mandating employees go to the office, Fitchett said he finally feels a sense of ease at his job. Don't expect a full-scale return to the office quite yetThere's more that goes into a worker's preferences than loneliness, and Gen Z workers are mixed about returning to the office full time. For her — and many other Gen Z workers — the solution may come in some form of flexibility.

Persons: Ben Fitchett didn't, Fitchett, Ben Fitchett, Ben Fitchett Young, Aaron Terrazas, —, Cigna, Hubert Palan, Z, Covid —, Palan, Vivek Murthy, it's, Mansoor Soomro, Soomro, Gen, Juanita Garcia, Garcia, who've, Zers, Anita Pan —, Anita Pan, Pan, Ricky Yean, Zers —, Yean, Bianca Wu, Bianca Wu Bianca Wu, Wu, wouldn't Organizations: Company, Teesside University, Starbucks, Flow, Dell Locations: New Zealand, Los Angeles, New York, Washington , DC, Bay

DETROIT (AP) — The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis. About 14,000 UAW workers had been on strike at two Stellantis assembly plants in Michigan and Ohio, and several parts distribution centers across the country. Workers also will get cost-of-living pay that would bring the raises to a compounded 33%, with top assembly plant workers making more than $42 per hour. Like the Ford contract, the Stellantis deal would run through April 30, 2028. Negotiations between the UAW and Stellantis had intensified Thursday, the day after the Ford deal was announced.

Persons: ”, Erik Gordon, Ford, Stellantis, Shawn Fain, ” “ Everybody’s, Larry Montgomery, John Rutherford, Spring Hill didn’t, Fain, “, ” Fain, Rich Boyer, Gordon, Bruce Baumhower, Baumhower, Jermaine Antwine, Bajak, John Raby, Corey Williams, Haleluya Organizations: DETROIT, United Auto Workers, General Motors, Detroit, UAW, GMC Acadia, Cadillac, University of Michigan, GM, Ford, ” UAW, Workers, Toyota, Tesla, Jeep, Hollywood Locations: Hill , Tennessee, North America, Texas , Michigan, Missouri, Tennessee, Belvidere , Illinois, Spring Hill, Stelantis, Michigan, Ohio, Stellantis, Belvidere, Trenton , Michigan, Toledo , Ohio, Sterling Heights , Michigan, Pontiac , Michigan, Boston, Charleston , West Virginia, Jersey City , New Jersey

☆ Activist Impactive sees an opportunity to build value with an ESG tilt at Concentrix
▼ + stars: | 2023-10-28 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services. Activist Commentary: Impactive Capital is an activist hedge fund founded in 2018 by Lauren Taylor Wolfe and Christian Alejandro Asmar. Impactive Capital is an active ESG (AESG) investor that launched with a $250 million investment from CalSTRS and now has almost $3 billion. Concentrix, the second-largest outsourced CX company globally, is a high-quality business.

Persons: Lauren Taylor Wolfe, Christian Alejandro Asmar, Wolfe, Asmar, Impactive, Concentrix, Ken Squire Organizations: CX, Impactive, Concentrix, 13D Locations: Impactive, CalSTRS, Asia, Caribbean, United States

Customers seen in the self-service checkout area of a Coles supermarket in Sydney, Australia, June 17, 2020. REUTERS/Loren Elliott/File Photo/File Photo Acquire Licensing RightsOct 26 (Reuters) - Australian retailers are ramping up their tech security initiatives, including placing cameras at self-checkouts and body-worn cameras on staff, to combat a surge in stock theft and customer aggression aggravated by the cost of living crisis. "Unfortunately the data suggests it's continuing to occur," added Thomson, whose firm counts Coles and Woolworths as clients. Reports of store theft surged 23% in Australia's three largest states of New South Wales, Victoria and Queensland, home to three-quarters of the population, in the year to March 2023, according to the latest available government statistics, as COVID-related restrictions ended. Reports of threatening behaviour by shoppers rose to 17% of all security reports logged by Australian store staff in 2023, from 10% three years earlier, according to Auror data reviewed by Reuters.

Persons: Loren Elliott, Phil Thomson, Thomson, Coles, Leah Weckert, Weckert, Brad Banducci, Gerard Dwyer, Rishav Chatterjee, Byron Kaye, Praveen Menon, Christian Organizations: Coles, REUTERS, Woolworths, New, Reuters, National, of, Allied Employees Association, Thomson Locations: Sydney, Australia, New Zealand, Australia's, New South Wales, Victoria, Queensland, Bengaluru

☆ Lonely Instacart and DoorDash gig workers are turning to YouTube influencers to help them feel connected
▼ + stars: | 2023-10-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Gig workers for Instacart, DoorDash, and other apps tend to have their favorite YouTubers. Two gig workers with followings on YouTube told Insider about how they decide what to talk about. Like many gig workers, Sabo started doing gig work full-time in 2020 as demand for delivery shot up. He also sells tools for new gig workers, such as a spreadsheet to help them calculate their earnings. Some gig workers are quitting the industry, citing falling earning potential on many of the apps and slowing demand for delivery.

Persons: —, hadn't, DashingTrader, DashingTrade, Mike Sabo, Mike, Sabo, he's, it's, I've Organizations: Instacart, YouTube, Service, DoorDash, Uber Locations: DoorDash, California

"The UAW is holding the deal hostage over battery plants," said Ford Chief Executive Jim Farley on Sept. 29. Since then, the union has not announced an agreement on battery plant issues with GM or the other automakers. Stellantis and Samsung SDI (006400.KS) have announced plans to build two EV battery plants in Kokomo, Indiana, employing up to 2,800 workers in total. Ford officials have not disclosed details of their proposals for battery plant wages or unionization. Yet, we are very open to working with them on a way forward on the battery plants," Ford executive Kumar Galhotra said on Oct. 12 of talks with the UAW.

Persons: Shawn Fain, bargainers, Jim Farley, Fain, Ultium, Joe Biden's, CATL, Tesla, Stellantis, haven't, Kumar Galhotra, Joe White, Nick Zieminski Organizations: DETROIT, United Auto Workers, Detroit Three, General Motors, Ford, Chrysler, UAW, Detroit, GM, Ultium, Tesla, Samsung SDI, Thomson Locations: Northeast Ohio, Detroit, U.S, Michigan, Belvidere , Illinois, KS, Kokomo , Indiana

☆ Fed-up employees might threaten to quit if changes aren't made to their job, but 'thruitting' often does more harm than good
▼ + stars: | 2023-10-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

siraanamwong/Getty ImagesYou're fed up with your job and are finally going to let your manager know it: "Fix this, or I'm leaving." In a bid to keep up with the never-ending stream of workplace trends, let's call this one "thruitting." AdvertisementAdvertisementFor your bookmarksFree tax filing programUS Treasury Secretary Janet Yellen has said tax filing should be simple. SAUL LOEB/AFP via Getty ImagesSee if you're eligible for the IRS' new, free tax filing pilot in 13 states. It's part of the department's attempt to make tax filing simpler and more cost-effective.

Persons: Marc Andreessen, Chris Williams, Williams, simplehappyart, Today's, Siu, It's, SCOTT MORGAN, Charlie Munger, Warren Buffett's, Everyone's, Jeffrey Gundlach, Jensen Huang, Young Liu, Chiang Ying, Marc Andreessen's, Elon Musk, Musk, Arantza Pena Popo, Dolly, Janet Yellen, SAUL LOEB, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Microsoft, Treasury, Barclays, Baron Partners Fund, Nvidia, University of Pennsylvania, America, Blackstone, Getty, IRS Locations: Israel, Cincinnati , Ohio, New York City, San Diego, London, New York

☆ LinkedIn employees discovered a mysterious list of around 500 names over the weekend. On Monday, workers said those on the list were laid off.
▼ + stars: | 2023-10-16 | by ( Grace Kay | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Some workers at LinkedIn found their names on an internal list a day before they were laid off. Two workers told Insider the list caused a stir as workers tried to figure out if they were on it. AdvertisementAdvertisementSome LinkedIn workers worried they were about to be laid off after a mysterious internal list of about 500 employees was discovered to be accessible by anyone at the company. Hours later, workers who had seen their name on the list had their worst fears confirmed — they were laid off, two LinkedIn workers told Insider. "I was getting texts from everybody, all my friends," one of the LinkedIn workers told Insider.

Persons: —, We've, jmann@insider.com Organizations: LinkedIn, Service, ETA, Staff

☆ The numbers are in: Here’s how big your raise is likely to be next year
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

Now it's: How much of a raise can I expect in 2024 if I stay in my current job? Sure — but it may wind up being the biggest boost in purchasing power that workers have gotten in years. If you think you deserve a raise that's higher than the 4% average, pay experts have a few tips. These days, as the hiring frenzy subsides, you're not as likely to get a bigger raise simply by switching companies. Which means that 2024 may be your last, best hope for landing an above-average raise — perhaps for years to come.

Persons: —, That's, it's, David Turetsky, What's, they're, Ruth Thomas, don't, Aaron Terrazas, Aki Ito Organizations: Congressional, Salary.com, Employees Locations: California, Washington, Payscale

☆ How big is your raise likely to be next year? We found out.
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

☆ Some Americans are secretly working multiple remote jobs. Bosses shouldn't be worried about it.
▼ + stars: | 2023-10-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Americans are secretly working multiple remote jobs. AdvertisementAdvertisementOne of your co-workers could be secretly working multiple remote jobs to boost their finances. But holding two remote jobs could breach some employment contracts and lead to job termination. But it could become more popular as the remote work revolution provides additional opportunities for Americans to take on more work. "Clearly, if people can work multiple jobs at the same time, then I need to redefine their role to be more rigorous," she said.

Persons: —, it's, David Barron, Cozen O'Connor, Barron, who've, Aaron De Smet, I'm, Jennifer Moss, De Smet, Xer, Moss, we've, they're, we'll, Nicole Coomber Organizations: Service, McKinsey, University of Maryland Locations: Texas

☆ What workers on strike need to know about collecting unemployment benefits
▼ + stars: | 2023-10-10 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Massachusetts, Connecticut and Pennsylvania have recently tried to start providing striking workers jobless benefits, too. Here's what else workers on strike should know about unemployment benefits. Workers on strike in the Empire State can typically collect the benefits for as long as 26 weeks. Workers on strike in New Jersey may also qualify for unemployment benefits, and lawmakers recently shortened the waiting time for eligibility there, too, to 14 days, down from 30. Workers in the state can usually collect unemployment benefits for up to 26 weeks.

Persons: Frederic J, Brown, Gavin Newsom, Michele Evermore, haven't, Evermore, Rob Sampson, Johnnie Kallas, Phil Murphy Organizations: Kaiser Permanente, AFP, Getty, The Century Foundation, United Auto Workers, Bloomberg, Republican, Cornell University's School of Industrial and Labor Relations, Labor, New York, Workers, New York State Department of Labor, New, New Jersey Gov Locations: Los Angeles, , New York, New Jersey, California, Massachusetts , Connecticut, Pennsylvania, Wayne , Michigan, Connecticut, New York , New Jersey

☆ Assistants at companies like Netflix and Disney are 'waiting for the light at the end of the tunnel' as their careers stall and they can't get promoted: 'I don't see a way up'
▼ + stars: | 2023-10-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +12 min

Trying to maintain a career in Hollywood was "not something that was feasible for me to continue," this person told Insider. Insider spoke with eight current and former assistants at Hollywood companies, plus a former creative executive at a midsize film studio. Many hopefuls can't find jobs in an industry that's been wracked with head count reductions and budget cuts. Netflix's website lists just one open assistant job — a role in a non-creative vertical. At Paramount, which cut 25% of staff from its US cable networks earlier this year, there appear to be no open executive assistant jobs in entertainment capacities .

Persons: —, strivers, that's, David Heger, Edward Jones, Heger, Bob Iger —, there's, WBD, they've, they'd, I'm, Reed Alexander Organizations: Hollywood, Netflix, Paramount Global, Disney, Warner Bros . Discovery, Paramount, Media, Writers Guild of America, Challenger, Warner Bros, Discovery, Entertainment Locations: Hollywood, Los Angeles and New York

[1/3] Tokyo Tower is seen from the 52nd floor of 'Azabudai Hills Mori JP Tower', developed by Mori Building Co., during press preview of the complex in Tokyo, Japan, in this photo taken by Kyodo on August 8, 2023. "Housing prices and rents have risen a lot compared to the past, but in the end, salaries haven't gone up that much." After weathering decades of deflation and stagnant growth, Japan is seeing an investment boom that has made apartments in central Tokyo unaffordable for young Japanese professionals. For locals, the surge in prices has made Tokyo the second most unaffordable city worldwide, only behind Hong Kong, according to a UBS global real estate report. Average condo prices in central Tokyo were bumped up in the past year by a large supply of high-end residences hitting the market.

Persons: Kawamata, she'd, I'm, haven't, Cushman, Mari Kumagai, Kumagai, Wang Mao San, Wang, Mari Mochizuki, who's, Mariko Katsumura, Rocky Swift, Sonali Paul Organizations: Mori, Kyodo, REUTERS Acquire, Rights, Real Estate Economic, UBS, Reuters, Cushman & Wakefield, Wakefield, Shingi, fusaya Realty Inc, Super, Japan Real Estate Institute, Thomson Locations: Tokyo, Japan, Hong Kong, London, Singapore, New York, China, Asia, Asia Pacific, Australia, Taiwan, Taiwanese, Osaka, Tokyo's

☆ A Chipotle manager repeatedly asked a teenage worker to remove her hijab and partially pulled it off when she refused to show him her hair, federal prosecutors say
▼ + stars: | 2023-10-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A Kansas Chipotle manager repeatedly asked a Muslim teenage worker to remove her hijab, the EEOC saidThis culminated in the manager "forcibly" pulling it off her head to see her hair, the EEOC said. AdvertisementAdvertisementA Chipotle manager in Kansas repeatedly asked a Muslim worker to remove her hijab and "forcibly" pulled it off her head when she refused to show him her hair, the Equal Employment Opportunity Commission says. The assistant manager "continually" asked the worker, then 19, to remove her hijab and show him her hair despite her asking him to leave her alone, the EEOC wrote. The harassment reached a peak when the assistant manager tried to forcibly remove the worker's hijab, according to the EEOC. In August 2021, when staff were closing down the restaurant, the assistant manager "reached out, grabbed her hijab, and yanked," the EEOC said.

Persons: —, Chipotle didn't, Chipotle Organizations: Chipotle, Service, Commission, Kansas City Star Locations: Kansas, Lenexa

☆ UAW strike chaos isn't all good news for Tesla
▼ + stars: | 2023-10-01 | by ( Tim Levin | Nora Naughton | ) www.businessinsider.com time to read: +5 min

Big gains in the UAW strike could bolster another organizing drive at Tesla. The UAW is looking to remake its reputation among auto workers. AdvertisementAdvertisementA new contract could spur union attempts elsewhereThe UAW strike comes amid a rejuvenated labor movement post-Covid, and after a summer jam-packed with union activism. About 54% of Americans support the UAW strike, according to a recent Morning Consult poll. AdvertisementAdvertisementOrganizing at Tesla still won't be easySome Tesla workers are in the early stages of forming a union, a UAW official told The New York Times.

Persons: —, Elon Musk's Tesla, they're, Arthur Wheaton, Tesla, Shawn Fain, paydays, Fain, Jake Rosenfeld, Louis, Kate Andrias, Andrias, Rosenfeld, Musk, backpay Organizations: UAW, Volkswagen, Honda, Toyota, Service, General Motors, Ford, Elon, United Auto Workers, GM, Cornell University, Detroit, Washington University, Columbia University, New York Times, EV, National Labor Relations Board Locations: Wheaton, Illinois, Michigan, St, New York , California , Nevada, Texas

☆ The pandemic broke the used car market — now shoppers are screwed
▼ + stars: | 2023-09-30 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

Used cars are still expensive, like they've been for years. Slow car production from 2020-2022 slammed the supply of lightly used cars in 2023, a study shows. AdvertisementAdvertisementRidiculously high used car prices are lingering like the last guest at the dinner party. During the pandemic, used cars got incredibly expensive for a couple of reasons. "There's really no factor contributing for used car prices to go down," Brauer said.

Persons: they've, —, iSeeCars, that's, that'll, Karl Brauer, Brauer, There's Organizations: Service, Toyota, Honda

☆ Starbucks' CEO moonlighted as a barista. He burned his hand on a sandwich and had an egg bite explode in front of a customer — and now he's making 5 key changes.
▼ + stars: | 2023-09-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Starbucks CEO Laxman Narasimhan burned his hand while working at one of the coffee chain's stores. Narasimhan's trips to stores come as Starbucks employees are entering the third year of a unionization drive. Narasimhan's trips to stores come as Starbucks employees' unionization drive enters its third year. Some union organizers have criticized Narashimhan's effort to work at Starbucks stores. AdvertisementAdvertisementStarbucks has also increased staffing levels as well as pay and benefits for employees at its stores, according to the Journal.

Persons: Laxman Narasimhan, —, Narasimhan, Howard Schultz, Schultz, Narashimhan Organizations: Starbucks, Service, Employees, Twitter, National Labor Relations, Bloomberg Law

☆ A survey of 15,000 workers around the world found that less than a third think they have a 'healthy' relationship with their job
▼ + stars: | 2023-09-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Only 27% of workers worldwide said they have a healthy relationship with work, a new study found. The HP Workplace Relationship Index surveyed over 15,000 people in 12 countries about their relationship with work. Only 27% of knowledge workers said they have a healthy relationship with work, with a low of 5% in Japan and a high of 50% in India. Some 28% of workers in the US said they have a healthy relationship with work. It estimated that low workplace engagement costs around $8.8 trillion in negative impacts to economic output.

Persons: HP's, doesn't, Gallup Organizations: HP, Service, Workers, Gallup Locations: Wall, Silicon, Canada, India, Japan

☆ A 19-year-old died after a concrete mixer he was inside cleaning was accidentally started up. His employers could have prevented his death, the Labor Department says.
▼ + stars: | 2023-09-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A 19-year-old worker suffered "fatal injuries" after cleaning out a concrete mixer, the Department of Labor says. The machine restarted while he was inside, the DOL said. The DOL called his death a "preventable tragedy" and proposed penalties totalling $245,546. "As one of the workers left the mixer, the machine restarted with the other inside," causing him to suffer "fatal injuries," the DOL said. He called the worker's death a "preventable tragedy."

Persons: DOL, Jose A, Gonzalez Organizations: Department of Labor, Service, Foley Products Company, Safety, Health Administration, Transportation, City of Locations: Wall, Silicon, Cantonment, Florida, Georgia, Mobile , Alabama, Alabama, North Carolina, South Carolina, Tennessee, City of Atlanta

WASHINGTON, Sept 20 (Reuters) - When the CEO gets a 40% raise, what do the workers deserve? UAW President Shawn Fain initially asked for a 40% increase in worker's pay over the next four years - a figure based off an approximately 40% increase in CEO pay at the companies over the last four years at a time of stable profits for two of the three automakers. CEO pay and benefits have skyrocketed in recent decades, but worker pay has not kept pace. As the strikes began last week, Biden echoed Fain, saying automakers should offer more of the share of their profits to workers. Attempts to address rising CEO pay in decades past have not had the intended effect, said Rosanna Landis Weaver, director of wage justice and CEO pay at As You Sow, a non-profit shareholder advocacy group.

Persons: Shawn Fain, Joe Biden's, Biden, Fain, Rosanna Landis Weaver, Heather Timmons, David Gaffen, Jamie Freed Organizations: United Auto Workers, Ford, General Motors, Chrysler, UAW, U.S, Economic, Reuters Graphics Reuters, Big Three, Thomson Locations: Ohio, Michigan, U.S

☆ Millionaire hedge fund CEO says he mainly hires people with no background in finance and once hiked a worker's pay so he could call him at 1 a.m.
▼ + stars: | 2023-09-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

A hedge fund boss says he mainly hires people with no background in finance. Peter Brown also said he once offered a worker a pay rise in the early morning hours. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. During the podcast discussion, Brown also said he gave an employee a pay rise so he could call him in the early morning hours. AdvertisementAdvertisementRepresentatives for Brown did not immediately respond to Insider's request for comment, made outside normal working hours.

Persons: Peter Brown, Brown, Goldman Sachs, Zers, Jim, we're Organizations: Service, Renaissance Technologies, Goldman, CFA Institute Locations: Wall, Silicon

☆ These are the countries with the shortest and longest workweeks—and where the U.S. stands
▼ + stars: | 2023-09-19 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

Here are the 5 countries with the shortest average workweeks, according to data from the International Labor Organization:Vanuatu: 24.7 hours average per week per employed person24.7 hours average per week per employed person Kiribati: 27.3 hours average per week per employed person27.3 hours average per week per employed person Mozambique: 28.6 hours average per week per employed person28.6 hours average per week per employed person Rwanda: 28.8 hours average per week per employed person28.8 hours average per week per employed person Austria: 29.5 hours average per week per employed personThese are the 5 countries with the longest workweeks, according to the ILO:United Arab Emirates: 52.6 hours average per week per employed person52.6 hours average per week per employed person Gambia: 50.8 hours average per week per employed person50.8 hours average per week per employed person Bhutan: 50.7 hours average per week per employed person50.7 hours average per week per employed person Lesotho: 49.8 hours average per week per employed person49.8 hours average per week per employed person Congo: 48.6 hours average per week per employed personIt is important to note that the distribution of these hours is not necessarily even. In the UAE, 46% of those employed work for more than 49 hours a week, which is considered the 'excessive working limit' by the ILO. In comparison, only 8% of those employed in Austria work over the excessive working limit. In a survey conducted by the Randstad Workmonitor, 43% of Americans said they felt compelled to be available to their employers outside of regular work hours. In a separate survey, Morning Consult reported that 51% of Americans support slower employee response time outside of work hours, which is the norm in the European workplace.

Organizations: International Labor Organization, ILO, United, Union worker's, Organization for Economic Cooperation, Development, CNBC Locations: Vanuatu, Kiribati, Mozambique, Rwanda, Austria, United Arab Emirates, Gambia, Bhutan, Lesotho, Congo, UAE, South Korea, China, Russia, India, United Kingdom, Israel, Canada, Norway

☆ Elon Musk, Mark Zuckerberg, Bill Gates and other tech leaders in closed Senate session about AI
▼ + stars: | 2023-09-13 | by ( Lauren Feiner | ) www.cnbc.com time to read: +8 min

Senate Majority Leader Chuck Schumer, D-N.Y., hosted the panel of tech executives, labor and civil rights leaders as part of the Senate's inaugural "AI Insight Forum." Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Working toward legislationSchumer said in his prepared remarks that the event marked the beginning of "an enormous and complex and vital undertaking: building a foundation for bipartisan AI policy that Congress can pass." Successful legislation will need to be bipartisan, Schumer added, saying he'd spoken with House Speaker Kevin McCarthy, R-Calif., who was "encouraging." Sen. Maria Cantwell, D-Wash., who leads the Commerce Committee, predicted lawmakers could get AI legislation "done in the next year."

Persons: Elon Musk, Alex Karp, Chuck Schumer, Leah Millis, CNBC's Eamon Javers, Sens, Mike Rounds, Martin Heinrich, Todd Young, Schumer, Sam Altman, Eric Schmidt, Mark Zuckerberg, Sundar Pichai, Jensen Huang, Satya Nadella, Arvind Krishna, Bill Gates, Charles Rivkin, Liz Shuler, Meredith Steihm, Randi Weingarten, Maya Wiley, CIO's Shuler, Musk, Shuler, Sen, Pichai, Mandel Ngan, Meta's Zuckerberg, Meta, Julia Nikhinson, Reuters Schumer, Kevin McCarthy, he'd, Young, Maria Cantwell, Altman, We're, Elon Organizations: Intelligence, Senate, U.S, Capitol, Reuters Tech, Microsoft Nvidia, IBM, Microsoft, Former, Tesla, Meta, Nvidia, Federation of Teachers, Civil, Human Rights, AFL, Artificial Intelligence, AFP, Getty, EU, Reuters, Chinese Communist Party, Commerce, Science, CNBC, YouTube Locations: Washington , U.S, U.S, Washington ,, Washington, deepfakes

Search resuls for: "Worker's"

25 mentions found