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☆ What Trump's election victory means for job seekers
▼ + stars: | 2024-11-07 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Executives focused on hiring told Business Insider that the newfound clarity is already making some employers more willing to post jobs. "Our phone was basically ringing off the hook with companies looking to hire," Lief Larson, CEO of Salesfolks, a staffing firm focused on sales roles, told BI. "We're seeing a pretty healthy number of roles planning to be posted in January, probably more than we even expected," Volberg told BI. A postelection rush to hireAaron Cleavinger, a managing partner at Murdoch Mason Executive Search Group, told BI that he's been "inundated" with new search requests from clients since the election. Rahbar said reductions to immigration could hurt industries beyond agriculture and construction, including tech.

Persons: Donald Trump's, —, haven't, Lief Larson, Tim Glowa, Michelle Volberg, who's, Volberg, she's, that's, Kathleen Lin Hurtubise, Hurtubise, Jason Leverant, Leverant, reshoring, Elon Musk, Aaron Cleavinger, they're, Cleavinger, Peter Rahbar, Rahbar Organizations: Service, Aloha Hospitality Professionals, AtWork Group, Tesla, Murdoch

☆ Job seekers are jumping through more hoops to get hired as power shifts back to employers
▼ + stars: | 2024-06-25 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +5 min

Read previewThe hiring process seems to have become increasingly complex in recent years, with job seekers facing new tests, more interviews, and months of waiting to hear back from prospective employers. Job seekers have been taking to social media to complain about jumping through various hiring hoops just to secure an entry-level job. He said that in recent years, the hiring process has slowed down as the number of interview rounds has increased: "It reflects a lack of understanding by employers about what they're actually looking for." Advertisement"Many interviews and job assessments now take place online, which means candidates need to adapt to virtual interactions and later demonstrate their skills remotely," she said. When job interviews started to be done on Zoom and managers had fewer opportunities to evaluate candidates, more employers began using cognitive and psychometric assessments as part of their hiring process.

Persons: —, Chris Abbass, Abbass, Peter Cappelli, Wharton, They've, Cappelli, Nikita Gupta, they're, Gupta Organizations: Service, Business, school's, Human Resources, Harvard Business, Big Tech

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

☆ Retirement Crisis: Boomers Need to Work Longer, No One Will Hire Them
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

In order to avoid economic catastrophe, he argued, people should save more money and work longer. The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. For one, many older people cannot work because of a disability or because they need to care for someone else with a disability. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult." He's asking people who have not yet retired to work longer than their elders did and to save even more money, without changing the systematic barriers to either.

☆ What to do if you think you're underpaid
▼ + stars: | 2024-06-02 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +5 min

"It never occurred to me until that conversation that I was severely underpaid." She said she didn't think to negotiate her salary when she received the job offer. "The term underpaid shouldn't be used to compare you to a colleague," said Sho Dewan, career expert and founder of Workhap. One option if you suspect you're being underpaid is to request a salary adjustment from your employer. This is where that market research comes in handy, along with highlights from your performance review.

Persons: Kelly Harry, Harry, Maddie Machado, It's, Peter Cappelli, Sho Dewan, there's, Machado, Dewan, Henry, " Machado, you've, Cappelli, doesn't Organizations: CNBC, Finance, Workers, Research Center, The Wharton School, University of Pennsylvania, Human Resources, Pew Research Center Locations: New York City, U.S

☆ Official Amazon HR document reveals a spike in employees put on PIPs during a time of record layoffs
▼ + stars: | 2024-03-20 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

Layoffs vs. terminationsThe spike in PIPs coincided with 27,000 layoffs that Amazon announced between November 2022 and March 2023. "Managers, however, do not engage in performance management work eagerly. "To suggest we use our performance management process to drive any other outcome, such as reducing our employee base, is wrong," Callahan added in a statement. PIPs and quiet firingSome Amazon employees previously told BI that the company had put more people on PIPs as part of what they perceived as the quiet-firing push. Amazon had roughly 400,000 total corporate employees in that period, according to another internal document obtained by BI.

Persons: They're, aren't, Margaret Callahan, Callahan, Erik Gordon, David Ryder, cumulatively, Peter Cappelli, Cappelli, Amazon's, couldn't, Eugene Kim, Peter Capelli Organizations: Amazon, Business, Experience, Technology, BI, University of Michigan, Pivot Employees, University of Pennsylvania, Wharton's Center, Human Resources

☆ The job more parents are taking to get a discount on their kids' college tuition
▼ + stars: | 2024-03-06 | by ( Kevin Williams | ) www.cnbc.com time to read: +5 min

As a college staff member, Heater gets deeply discounted tuition at the private Marianist Catholic college with approximately 8,000 undergraduate students. She compared universities in her area and their benefits and decided on University of Dayton, which offers tuition benefits for staff workers and their dependents. Washington said that workers and their dependents can also use a tuition exchange program, which allows them to transfer their tuition benefits within a pool of participating schools. For instance, once the tuition benefit exceeds the IRS' guidelines of $5,250 annually, the rest is generally considered taxable income. She said she thinks a lack of awareness about tuition benefits programs keeps them from being more popular.

Persons: Ariel Skelley, Troy Washington, Washington, Jacob Channel, Sherry Kirkland, Kirkland Organizations: Digitalvision, Getty, University of Dayton, Catholic, University of Dayton's, College and University Professional, for Human Resources, Wilmington University Locations: Ohio, Delaware

“The Russian government must have the data of how many foreign fighters have joined the Russian army and how many Nepalis are fighting for Russia,” she said. The Russian foreign ministry has not responded to CNN’s questions about the number of Nepalis recruited by the Russian army and how many of them have died so far. She thought her husband, Shukra Tamang – a retired Nepali army soldier fighting for Russia – was the person calling. A photo shows Shukra Tamang, a retired Nepali army soldier, training in Russia. Bonuses paidNepali men who want to join the Russian army first travel to Russia on a tourist visa.

Persons: Nepal CNN — Ramchandra Khadka, Khadka, “, ” Khadka, Ramchandra Khadka, ”, Bimala Rai Paudyal, Nepalis, Kritu Bhandari, Russia haven’t, Bhandari, ‘, Januka Sunar’s, hasn’t, Sunar, …, Januka Sunar, it’ll, Tamang, Shukra Tamang, Shukra, –, Russia –, Shishir Bishwokarma, Avangard, Suman Tamang, ” Tamang, “ It’s, It’s, Binoj Basnyat, Ram Sharma, Sharma, ” Sharma, Saud, Nepalis haven’t, Bhupendra Bahadur Khatri, hadn’t, ” Khatri, Basnyat Organizations: Nepal CNN, Russia, Ukraine, CNN, Russian, Henley & Partners, Bank, Communist Party of Nepal, Maoist, CNN CNN, YouTube, AK, Moscow Oblast, Avangard, United Arab, Agents, Moscow, CNN Kathmandu, World Bank Locations: Kathmandu, Nepal, Ukraine, Afghanistan, Russia, Russian, Moscow, Bakhmut –, Bakhmut, North Korea, Januka, Nepali, Avangard, Indian, United Arab Emirates, India, Dubai, UAE

☆ AI might be reading your Slack messages: 'A lot of this becomes thought crime'
▼ + stars: | 2024-02-09 | by ( Hayden Field | ) www.cnbc.com time to read: +11 min

Aware's analytics tool — the one that monitors employee sentiment and toxicity — doesn't have the ability to flag individual employee names, according to Schumann. Speaking broadly about employee surveillance AI rather than Aware's technology specifically, Williams told CNBC: "A lot of this becomes thought crime." When including other types of content being shared, such as images and videos, Aware's analytics AI analyzes more than 100 million pieces of content every day. "It's always tracking real-time employee sentiment, and it's always tracking real-time toxicity," Schumann said of the analytics tool. Amba Kak, executive director of the AI Now Institute at New York University, worries about using AI to help determine what's considered risky behavior.

Persons: George Orwell, there's, Slack, Jeff Schumann, Schumann, Jutta Williams, Williams, chatbot, he's, Orwell, Rather, Amba Kak, Kak, they're Organizations: Istock, Microsoft, U.S, Walmart, Delta Air Lines, Mobile, Chevron, Starbucks, Nestle, AstraZeneca, CNBC didn't, Delta, CNBC, Humane Intelligence, Goldman Sachs Asset Management, Nationwide, CBS, Meta, New York University, Federal Trade Commission, Justice Department, Opportunity Commission Locations: Columbus , Ohio, Chevron, United States, Slack

☆ Johnny Taylor sounds off on "keeping it real" this Black Heritage Month
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohnny Taylor sounds off on "keeping it real" this Black Heritage MonthSociety for Human Resources Management CEO Johnny Taylor celebrates his ancestors who dared to dream.

Persons: Johnny Taylor Organizations: Heritage Month Society, Human Resources Management

☆ How a Diversity Initiative Changed Course With the Times
▼ + stars: | 2024-01-22 | by ( Steve Lohr | More About Steve Lohr | ) www.nytimes.com time to read: +1 min

OneTen has helped its members rewrite job descriptions for hundreds of roles to remove unnecessary degree requirements and clearly state the skills sought and needed. The organization has helped to design apprenticeship programs for enterprises like Delta and the Cleveland Clinic, tailored for different fields. Lawsuits have been filed threatening businesses like a fund in Atlanta focused on backing Black female entrepreneurs. And the resignation of Claudine Gay, a Black woman, as president of Harvard has been celebrated by opponents of D.E.I. initiatives in academia and business who claimed she was a diversity hire.

Persons: “, OneTen, ”, Kenneth Frazier, Claudine Gay Organizations: Cleveland Clinic, Merck, “, Harvard Locations: Delta, Florida, Texas, Atlanta

☆ Volkswagen to cut administrative personnel costs 20% in savings drive -Handelsblatt
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsBERLIN, Nov 13 (Reuters) - Volkswagen (VOWG_p.DE) plans to cut administrative personnel costs by a fifth as part of a cost-cutting package to save 10 billion euros ($10.8 billion) by 2026, the Handelsblatt daily reported on Monday, citing an internal company podcast. Gunnar Kilian, Volkswagen's board member for human resources, said in conversation with VW brand chief Thomas Schaefer that the cuts would focus on cost reduction rather than headcount, according to the Handelsblatt report. The specific details of the drive at Volkswagen's passenger car brand, announced in June and currently being defined in talks between management and the workers council, are due to be set by December. Volkswagen has signed an agreement with the workers council to secure jobs until 2029, and the council has repeatedly said it will not allow changes to that agreement. Reporting by Victoria Waldersee, Christina Amann; Writing by Victoria Waldersee, Miranda Murray; Editing by Stephen Coates and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Fabian Bimmer, Gunnar Kilian, Volkswagen's, Thomas Schaefer, Victoria Waldersee, Christina Amann, Miranda Murray, Stephen Coates, Bernadette Baum Organizations: VW, REUTERS, Rights, Volkswagen, Reuters, Thomson Locations: Wolfsburg, Germany

☆ Gulf bourses mixed as China pessimism offsets higher oil prices
▼ + stars: | 2023-11-12 | by ( Md Manzer Hussain | ) www.reuters.com time to read: +1 min

REUTERS/Hamad I Mohammed/ File Photo Acquire Licensing RightsNov 12 (Reuters) - Gulf stock markets put in a mixed performance on Sunday as higher oil prices were offset by worries of faltering demand from China, the world's top crude importer. Oil prices - a major driver of Gulf financial markets - rose about 2% on Friday as Iraq voiced support for OPEC+ oil cuts ahead of a meeting of the group on Nov. 26. The retailer reported a third-quarter net loss of 202.9 million riyals ($54.1 million) compared to a net profit of 21.1 million riyals a year earlier. Outside the Gulf, Egypt's blue-chip index (.EGX30) fell 1.7%, with Commercial International Bank (COMI.CA) down 2.5% and Misr Fertilizer (MFPC.CA) losing 4.6%. However, Credit Agricole Egypt (CIEB.CA) gained 3.7% as the lender reported a 121% jump in third quarter consolidated net profit.

Persons: Joe Biden, Hamad I Mohammed, Brent, Masraf Al Rayan, Fawaz Abdulaziz Alhokair Co, Md Manzer Hussain, Kirsten Donovan Organizations: Bahrain Bourse, U.S, REUTERS, OPEC, Qatar, Saudi Telecom, Human Resources, Commercial International Bank, Misr, Agricole Egypt, Thomson Locations: Bahrain, Manama, China, Iraq, Saudi

☆ Inside Citadel's $19,000-a-month summer internship, where math whizzes are coached on everything from coding to drafting emails
▼ + stars: | 2023-08-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Hedge fund Citadel selected 300 candidates from a pool of 69,000 applicants for its summer internship. AdvertisementAdvertisementHedge fund Citadel and trading firm Citadel Securities run a highly-coveted summer internship program that runs for 11 weeks. AdvertisementAdvertisementAccording to Bloomberg, Citadel brings in professional trainers to help them better communicate. During Citadel's summer programs, interns lodge at upscale hotels like Hong Kong's Fullerton Ocean Park Hotel, a Citadel spokesperson told Insider on Tuesday. AdvertisementAdvertisementKen Griffin, the majority owner of Citadel and Citadel Securities, is worth $37 billion, according to Bloomberg's Billionaires Index.

Persons: Kristina Martinez, Citadel's, Ken Griffin Organizations: Citadel, Bloomberg, Morning, Citadel Securities, Park, Stanford Locations: Hong

☆ Inside Citadel's $19,000-a-month summer internship, where interns are taught how to schmooze and are judged on the length of their emails
▼ + stars: | 2023-08-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Hedge fund Citadel selected 300 candidates from a pool of 69,000 applicants for its summer internship. AdvertisementAdvertisementHedge fund Citadel and trading firm Citadel Securities run a highly-coveted summer internship program that runs for 11 weeks. AdvertisementAdvertisementDuring Citadel's summer programs, interns lodge at upscale hotels like Hong Kong's Fullerton Ocean Park Hotel, a Citadel spokesperson told Insider on Tuesday. Ken Griffin, the majority owner of Citadel and Citadel Securities, is worth $37 billion, according to Bloomberg's Billionaires Index. Citadel posted its strongest results to date in 2022 when it made about $28 billion in revenue, while market maker Citadel Securities raked in $7.5 billion in revenue.

Persons: Kristina Martinez, Citadel's, Ken Griffin Organizations: Citadel, Bloomberg, Morning, Citadel Securities, Park, Stanford Locations: Hong

☆ Jobs Sit Empty in the Public Sector, So Unions Pitch In to Recruit
▼ + stars: | 2023-07-27 | by ( Lydia Depillis | More About Lydia Depillis | ) www.nytimes.com time to read: +2 min

At the same time, the federal infrastructure bill is supercharging demand for people to manage construction projects. That’s a victory for labor unions, which typically push for more hiring, higher wages and better benefits. In Minnesota, the vacancy rate for state government jobs rose to 11.5 percent in the 2023 fiscal year from 7.5 percent in 2019. “They understand that services are not being provided at the level that they should be provided. It’s a team effort as far as bringing fresh blood into the public service.”That was the point of the hiring fair in Minneapolis.

Persons: ”, Lee Saunders, “, It’s Organizations: American Federation of State, Municipal Employees Locations: Minnesota, American Federation of State , County, Minneapolis

"These workers are at high risk of forced labour and severe destitution," said independent labour activist Andy Hall, whose team has been in contact with the migrant workers. The International Labour Organisation ranks deception, along with debt bondage stemming from the large recruitment fee, and passport seizure among its indicators of 'forced labour'. Two of Sivakumar's aides were arrested by anti-graft authorities this month over an investigation into recruitment of foreign workers. Malaysia has faced accusations of forced labour in manufacturing and palm oil production over the years, including some by the United States, which banned imports from several of its firms for such practices. A Bangladeshi official, speaking on condition of anonymity, told Reuters there were a "few hundred" of its citizens stuck in Malaysia without jobs.

☆ Oklahoma Republican tells Teamsters president 'shut your mouth' in terse exchange at Senate hearing
▼ + stars: | 2023-03-08 | by ( Chelsey Cox | ) www.cnbc.com time to read: +5 min

WASHINGTON — A Republican lawmaker Wednesday told Teamsters General President Sean O'Brien to "shut your mouth" in a terse exchange at a hearing examining so-called union busting by U.S. companies. O'Brien said the International Brotherhood of Teamsters had examples of employers illegally pressuring workers not to join unions. When O'Brien said Mullin was out of line, the lawmaker shot back: "You need to shut your mouth." "You think you're smart? You think you're funny?

☆ Ex-Amazon managers say they were pressured to cut successful workers to meet attrition goals — and faced retribution when they resisted
▼ + stars: | 2023-02-27 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +17 min

Former Amazon managers say they were pressured to cut successful workers to meet attrition goals. In anticipation of Amazon's performance-review period, he told Insider, he'd kept careful notes on what his employees were doing well and where they could improve. These people said leadership would place employees in Focus even if the managers of those employees said that the workers had met or exceeded expectations. A few weeks later, he said, his manager told him he was on Pivot and had the option to leave the company with severance, which he did. Amazon managers are required to submit their performance ratings for employees in an online tool, then discuss their rationale with managers above them, he said.

The sharp contrast with Bolsonaro, who criticized environmental agents, was a relief to some scientists concerned that the retreating Amazon rainforest may be near a point of no return. Ibama's staffing and resources expanded in Lula's 2003-2010 presidency, when he managed to reduce Amazon deforestation by 72%. Rodrigo Agostinho, whom Lula tapped to run Ibama, told Reuters in an interview that the agency now has about 350 active field agents for all of Brazil. That is less than half what it had at the start of Bolsonaro's term and well below the 2,000 field agents at the peak of its powers, he added. Sidelining Ibama, Bolsonaro deployed the military to protect the Amazon, but their inexperience in conservation failed to lower deforestation while running up a massive bill.

☆ Too many companies botch mass layoffs
▼ + stars: | 2023-01-25 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

When it comes to mass layoffs, there seems to be no end to the worst, most bungled ways in which some employees first learn they are being let go. “People have to feel they’re being treated with respect,” said Sarah Rodehorst, CEO of Onwards HR, an offboarding technology platform for human resources, legal and finance teams. (Google declined to comment, pointing instead to a blog post from the CEO on the day of the layoffs.) Employees should receive a communication from the CEO or from division leadership that informs them layoffs will occur and offers them the business reasons for the decision. By “small,” Lee means no more than 5 to 10 people, including a leader or manager they know who delivers the news.

☆ Former Afghan female lawmaker and guard are shot dead at home, police say
▼ + stars: | 2023-01-16 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

KABUL, Afghanistan — A former Afghan female lawmaker and her bodyguard have been shot dead by unknown assailants at her home in the capital, Kabul, police said Sunday. Mursal Nabizada was among the few female parliamentarians who stayed in Kabul after the Taliban seized power in August 2021. Local police chief Molvi Hamidullah Khalid said Nabizada and her guard were shot dead around 3 a.m. Saturday in the same room. He said her brother and a second security guard were injured. A third security guard fled the scene with money and jewelry.

☆ Tech firms can’t swing the axe equally
▼ + stars: | 2022-11-08 | by ( Jennifer Saba | ) www.reuters.com time to read: +4 min

But mass layoffs in other industries suggests that firms should be careful not to over-fire. Mark Zuckerberg’s $253 billion outfit is preparing to slash thousands of workers this week, according to the Wall Street Journal. Twitter’s new owner Elon Musk is blaming a massive drop in revenue as the reason to cull half of the social network’s 7,500 employees. These tech firms, though established, are also largely untested through a downturn. Twitter on Nov. 4 laid off half of its staff, or around 3,700 people, Reuters reported.

☆ Meet the 'stone-cold-brilliant' Apple exec heading up Apple TV+, Sports, gaming and more, who insiders think could succeed Eddy Cue
▼ + stars: | 2022-10-26 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +10 min

The former Time Warner Cable exec is driving Apple's subscription businesses including TV+, Sports, and Apple One. But inside and outside the tech giant, people are eyeing one cable TV alum who is being positioned for bigger things under Eddy Cue, the company's longtime Services SVP. As VP, Services, Stern is responsible for running strategy and operations for multiple growth businesses inside Apple. Here's how Stern ascended from cable TV to the top of the tech giant, and what his moves mean for the future of Apple Services. He appeared on stage in 2019 as the frontman for the Apple TV app, in a pair of dark-wash jeans and an untucked gray button-down.

☆ Meet the under-the-radar Apple executive who heads Apple TV+, gaming, and sports, and drives more than 860 million paid subscriptions
▼ + stars: | 2022-10-21 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +10 min

The former Time Warner Cable exec is driving Apple's subscription businesses including TV+, Sports, and Apple One. As VP, Services, Stern is responsible for running strategy and operations for multiple growth businesses inside Apple. Here's how Stern ascended from cable TV to the top of the tech giant, and what his moves mean for the future of Apple Services. A third former high-placed Time Warner Cable alum also recalled this exchange. He appeared on stage in 2019 as the frontman for the Apple TV app, in a pair of dark-wash jeans and an untucked gray button-down.

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