Aapi month

Share to Twitter Share to Linkedin Companies everywhere are seeking to build a better experience for their people to foster loyalty, minimize turnover and drive better engagement. As part of these efforts, businesses are empowering individuals to be their true selves. With celebration of Pride Month drawing to a close, employers should consider how to better support members of the LGBTQ+ community in their workforce during a time of growing adversity for this group. According to Human Rights Campaign , more than 300 anti-LGBTQ+ bills have been introduced in 28 U.S. states this year. The organization describes that these bills as “dangerous and discriminatory” and are aimed at banning trans kids from playing sports or receiving life-saving health care. These bills come at a time of rising hate and violence against LGBTQ+ people, according to GLAAD, a U.S.-based organization advancing the rights and interests of the community. Growing rhetoric in … [Read more...] about Companies Need To Keep Advocating For LGBTQ+ Rights After Pride Month Ends

According to the report, this trend will continue across markets, industries, degrees of seniority, and age groups. (Representative image) Sparked by the Covid pandemic, The Great Resignation -- which has already been happening in India for the last two years -- is likely to continue in 2022 with a whopping 86 per cent of employees planning to resign in the next six months, recruitment agency Michael Page stated in a report. Their findings suggest that 61 per cent of employees in India are willing to accept a lower salary or forgo a pay rise and/or a promotion for better work-life balance, overall well-being and happiness. “According to our data, not only has it already been taking place for the last two years sparked by the global pandemic 2022 will only see it intensify,” Michael Page stated in its report titled The Great X . Read more: Man quits Rs 3.5 crore salary job at Netflix because he was bored of it According to it, this trend will continue across … [Read more...] about 86% employees in India may resign in 6 months: Report

Editor's note: Casper is one of Inc.'s 2015 30 Under 30 . This year's readers' choice winner is ThinkLite . How would you describe the act of buying a mattress at a store? T. Luke Sherwin, co-founder and creative director of e-commerce mattress startup Casper, calls it "millions of square feet dedicated to a false premise." More specifically: "That if you try a bed for two minutes while you're awake, you'll find the best long-term mattress for you." He's omitting other potential drawbacks, such as feeling swamped by a vast array of products and prices, and worrying about logistics of delivery, setup, and returns. Casper's business model is all about alleviating these pain points. For example, Casper sells only a single brand--its own--in six different sizes, ranging in price from $500 to $950. Casper designs and makes the mattresses itself, with final assembly taking place in a plant outside Atlanta. And the company sells directly to consumers through its … [Read more...] about How This Mattress Startup Made $20 Million in 10 Months

Share to Twitter Share to Linkedin Though LGBTQ+ rights have advanced significantly since the Stonewall riots of June 1969 that are commemorated as part of Pride Month, the community still faces marginalization and repression – even in the most liberal of societies. Approximately two-thirds of self-identified LGBTQ+ Americans say they have experienced discrimination in their personal lives, and roughly half report being closeted at work. Research by the University of Cologne also found that LGBTQ+ people are almost three times more likely to suffer depression and burnout as a result of chronic stress and homophobia and the researcher, Dr. Mirjam Fischer , has said that health services must address this. “In our societies, many LGBTQ+ people experience chronic stress due to homophobia and heterosexism, which can result in health problems. Even the anticipation of discrimination, independent of experiences of discrimination, can create and exacerbate … [Read more...] about Beyond Pride: LGBTQ+ Communities Still Need Stronger Support Networks, Research Reveals

(Representative image: Reuters) A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention to the severe economic turbulence looming over the coming months as the full impact of Russia's war sinks in and the threat of recession rises. The EU's 27 leaders gathered in Brussels to grapple with surging inflation, energy shocks, dwindling business and consumer confidence, and growing budget pressures. The leaders also will have to contend with higher borrowing costs as the European Central Bank prepares to raise interest rates for the first time in 11 years to counter runaway price increases. ECB President, Christine Lagarde, who plans to raise rates next month and again in September, joined the EU summit to discuss the darkening economic outlook. Swedish Prime Minister Magdalena Andersson said, "We are in a difficult situation, its very important that we have this discussion." The EU has spent the previous decade battling … [Read more...] about EU leaders tackle inflation, energy shocks from Russia’s war

- A + A (June 24): China asked foreign business chambers in Hong Kong how to revive the isolated financial hub’s economy in unprecedented listening sessions weeks before new leader John Lee takes office, according to multiple people familiar with the matter. The Liaison Office, Beijing’s main body overseeing Hong Kong, sent invitations to commerce heads across the city in early June to seek their opinions on the challenges of operating in Hong Kong and mainland China, the people said. They said the chambers responded with one overriding message: End quarantine altogether as soon as possible. The people, who represent different chambers, said the meetings marked a major shift from previous exchanges in which officials spoke through translators, with the Chinese side appearing to show genuine interest in understanding the pain points of foreign businesses. The mainland officials present mainly listened while other staff took notes, the people said, making it unclear … [Read more...] about China said to have asked foreign business leaders how to revive HK in rare move

- A + A BENGALURU (June 24): The Philippine peso fell for the eighth straight session on Friday (June 24) as markets feared a modest rate hike by the country's central bank may not be enough to curb surging inflation, while other Asian currencies rose against a weaker US dollar. The Bangko Sentral ng Pilipinas (BSP) stuck to a 25-basis-point increase in its benchmark rate on Thursday for a second month in a row, fearing that more aggressive tightening could compromise growth. "Concerns over the gradual pace of BSP hikes, weaker budget balance, as well as policy uncertainty under the new president could be adding to PHP drags in the interim," Maybank analysts said in a note. The peso was on track for its worst week since June 2013. It was down 2% during the week, and hovered at a more than 16-and-a-half-year intraday low notched earlier in the week. The Thai baht was 0.1% weaker intraday, touching a more than five-year low, likely pressured by portfolio outflows, … [Read more...] about Philippine peso on track for worst week in nine years; Asian stocks gain

- A + A SINGAPORE/TOKYO (June 24): Global stocks and bonds headed for their first weekly gain in a month on Friday (June 24), with growth concerns tempered by hopes that sliding commodity prices can help brake runaway inflation. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.4% on Friday, helped by short sellers bailing out of Alibaba — which rose nearly 7% — amid hints that China's technology crackdown is abating. Japan's Nikkei rose 1.2% for a 2% weekly gain, while S&P 500 futures extended overnight gains by 0.76%. EuroSTOXX 50 futures rose 1% and FTSE futures rose 0.6%. The week has been marked by steep declines for commodities on worries that the world economy is looking shaky and that interest rate hikes will hurt growth — which in turn is also prompting traders to pare back some bets on the size of rate hikes. Copper, a bellwether of economic output with its wide range of industrial and construction uses, is heading for its steepest … [Read more...] about Bruised stocks find support as growth fears dent commodities

- A + A FRANKFURT (June 24): Deutsche Lufthansa AG has cancelled 2,200 flights after a wave of coronavirus infections worsened staffing shortages, adding to Europe's travel chaos as the crucial summer vacation period gets under way. Germany's flagship airline scrapped both domestic and European routes for July and August, a spokesman said. That follows 900 cancellations announced earlier this month. Lufthansa fell as much as 3.3% in Frankfurt. Travel demand has rebounded dramatically in Europe with the lifting of coronavirus curbs, leaving some airlines struggling to cope and subjecting passengers to hours-long queues and cancellations. A new outbreak of Covid-19 infections — while less deadly than previous waves — is causing growing absences from workplaces, worsening acute labour shortages. Growing labour unrest as workers seek pay increases to keep up with inflation is adding to the problem, with strikes threatened or under way at airlines including Ryanair … [Read more...] about Lufthansa scraps 2,200 flights as Europe travel chaos mounts

The selection of HSBC for the climate change-focused fund comes weeks after a senior banker at the lender downplayed the climate risks which drew queries from staff and customers about its commitment to fighting climate change. (Photo by Reuters) - A + A HONG KONG (June 24): The fund management arms of HSBC and Morgan Stanley were among three others to win a mandate from Taiwan's largest pension manager to run Asia's first climate change-focused fund worth a total US$2.3 billion (about RM10.13 billion) in assets. Legal & General Investment Management, Schroder Investment Management and Wellington Management were also selected, with each of them getting to manage US$460 million worth of assets, Taiwan's Bureau of Labor Funds (BLF) said on Friday (June 24). About half of BLF's US$190 billion worth of assets is invested in offshore markets and overseen by global asset managers including BlackRock Inc, Fidelity Investments and PIMCO. The selection of HSBC for … [Read more...] about Taiwan pension fund awards US$2.3b ESG mandate to HSBC, Morgan Stanley, three others