Equality pay act

Share to Twitter Share to Linkedin Here is this week’s Careers newsletter, which brings the latest news, commentary and ideas about the workplace, leadership and the future of work straight to your inbox every Tuesday. Click here to get on the newsletter list! S alary ranges should be like the nutritional labels on food packaging, one human resources executive wrote in response to my story last week, which reported that Microsoft will be among the first major corporations to include pay information in all U.S. job postings. “Why have we not always done this?” wrote Steve Cadigan , LinkedIn’s first chief human resources officer and a future-of-work expert who wrote the book Workquake , on LinkedIn. “It’s kinda sad that we see this as a big deal.” Yet it is. In a blog post , the tech giant said Wednesday that it would disclose salary ranges in all internal and external U.S. job postings no later than January 2023. That date is … [Read more...] about Pay Ranges Are Coming To Job Postings. Why Hasn’t It Happened Before Now?

In the annals of the return-to-office debate, many companies are taking the middle ground. Apple wants employees back in the offices three days a week, once COVID-19 rates stabilize. Citigroup, Google, and American Express are on the same track. A “three days in, two days out” or “two days in, three days out” hybrid model is emerging as a popular workplace plan, as a compromise between managers who want closer tabs on their people, and employees who feel  happier and more productive working from home. But like most compromises, the 3-2 model leaves almost everyone feeling dissatisfied, prompting us to call it the “worst return-to-office strategy.” advertisement advertisement On the surface, the 3-2 model feels right: It provides a measure of autonomy that employees likely didn’t have pre-pandemic, and it increases the sense of status, certainty, and autonomy for leaders who feel the need to closely oversee their employees. In addition, … [Read more...] about We’re calling this ‘the worst return to office strategy.’ Why this hybrid approach won’t work

- A + A (June 23): Glossy, cosmopolitan Singapore is playing host to a very unusual balancing act. The city is one of Asia’s most expensive property markets — and at the same time, boasts one of the highest home ownership rates in the world. Liu Thai Ker, “the architect of modern Singapore,” is a big part of the reason why. As the chief architect of Singapore’s Housing Development Board, Liu was instrumental in establishing a housing model that has underpinned decades of astonishing economic growth. The 84-year-old Yale graduate personally oversaw the development of more than half a million public housing units. Now, almost 90% of the city’s residents own the well-designed, government-built apartments they live in. Since its independence in 1965, citizens have been able to buy these units at a steep discount, turning homeownership into a key way for Singaporeans to grow their wealth. But in the past few years — and especially since the pandemic, which plunged the … [Read more...] about The man who helped create Singapore’s housing boom is getting worried

Share to Twitter Share to Linkedin Is too much inflation crushing your summer vacation plans? President Joe Biden has a holiday for you — at the gas pump. Biden is set to request from Congress a three-month, emergency relaxation of the federal tax on gasoline. By removing that tax of 18.4 cents per gallon, and right before the July 4th peak of driving season, Biden hopes to be credited for saving you three or four bucks every time you fill up. It’s not a huge savings. The federal gas tax hasn’t changed since 1993 and is not indexed for inflation. Still, according to the Congressional Budget Office, it brings in $45 billion a year, which covers nearly all the $47 billion last year in federal highway spending. As Energy Secretary Jennifer Granholm said on CNN, “Part of the challenge with the gas tax, of course, is that it funds the roads.” Ultimately, Congress will have to find another pocket to dig in to replace the $10 billion or so in highway funding. The … [Read more...] about Why Biden’s Federal Gas Tax Holiday Would Be Bad For America

Conny Braams from Unilever; Dara Treseder from Peloton; Forbes CMO Hall of Famer Antonio Lucio; and Frank Cooper III from Visa. Illustration by Alexander Wells for Forbes. Recognizing the 50 Most Influential CMOs in the World By Seth Matlins , Managing Director, Forbes CMO Network Additional reporting by Diane Brady , Emmy Lucas , Olivia Peluso , Lauren Debter , Isabel Lord , Katherine Dunn T wo hundred years before it was first used as a verb, “influence” was a noun denoting the stars’ ability to affect human lives and destinies. Today, we consider “influence” less astrologically and more practically, focusing on the chief marketers who wield it to shape the character and destinies of the brands and businesses they help steward. The link between marketing and influence has always been inextricable. After all, a chief marketer’s job is about nothing more than it is the influencing of attitudes and behaviors in … [Read more...] about The Forbes World’s Most Influential CMOs List: 2022

AS you’re aware, there is a serious manpower situation that Malaysia is facing. Some are saying Malaysia is at breaking point. It’s feared that our country is missing a golden opportunity to capitalise on high palm oil prices and will suffer production losses because of the acute shortage of workers. What has been done? According to the Malaysian Palm Oil Board (MPOB) report in 2015, up to 78% of the oil palm plantation workers are foreign workers, with most of them coming from Indonesia. Due to the Covid-19 pandemic, there was no new arrival of foreign workers beginning from March 2020, and Malaysia recently opened its international borders on April 1, 2022. Due to the shortage of workers in the oil palm plantation sector, expected revenue losses are around RM20bil. ALSO READ: More foreign labour soon This has led to the Malaysian Cabinet to agree to a special exemption for the intake of 32,000 foreign workers for the palm oil sector in April 2022. As mentioned much … [Read more...] about Resolving worker shortage woes

The United States Supreme Court on Friday eliminated the constitutional right to obtain an abortion , casting aside nearly 50 years of precedent that began with the Roe v. Wade case. The highly-charged case, decided by the court's conservative majority, is sure to spill over into the workplace. Business owners who don't already know where they stand on the issue, are likely going to have to figure one out, especially if they want to help employees with covering the costs of getting legal abortions. The 6-3 decision , which has been anticipated since a draft opinion leaked in May, will lead to near total bans on the procedure in about half of the states across the country. Twenty-two states already impose strict restrictions while 18 states are expected to ban abortion outright, or only allow it in limited circumstances. Thirteen states, including Texas, Mississippi, and Oklahoma, already have trigger laws in place that took effect automatically, while others are written to … [Read more...] about Roe v. Wade Is No More. What Businesses Need to Know About Covering Abortions

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A ALL eyes are on RHB Banking Group’s newly minted group managing director (MD) and group CEO Mohd Rashid Mohamad as he steers the fourth-largest banking group by assets forward in a tough operating landscape. “It’s very challenging, especially now in a fast-changing market environment, and as we face potential risks such as geopolitical and inflationary,” acknowledges Rashid in his first exclusive interview as group MD/CEO. Competition has intensified, given new entrants into the market, which are not just new banks but also technology companies that compete for the same pie. Rashid adds that this has partly affected the profitability of the industry, along with many other factors. He notes that banks globally no longer see “high ROEs” as before. For RHB Bank Bhd, its return on equity (ROE) in the past 10 financial years hit a high of 13.4% in FY2012 before … [Read more...] about Cover Story: RHB’s Game Plan in ‘fast-changing’ new normal

Top-down business is dead. People are now bypassing established brands entirely to get what they need from each other. Welcome to the sharing economy , just one part of an overarching collaborative ethos that is fundamentally revolutionizing not only our global economic system, but also our lives and our communities . Smart brands needn't be threatened by the collaborative movement. Instead of holing themselves up in branded ivory towers, pioneering companies are redefining their relationships with consumers to form an active collaboration with them or other independent partners. These partnerships can create mutually beneficial change and empower organizations to make faster (and smarter) business decisions. Here are five ways brands can not only embrace, but thrive in the sharing economy. 1. Build trust In her TED Talk , Rachel Botsman, author of What's Mine Is Yours: The Rise of Collaborative Consumption , says that "The real magic and secret sauce behind … [Read more...] about 5 Ways to Make Your Brand Thrive in the Sharing Economy

The government in March applied to strike out Mohd Hatta's suit, resulting in the decision on Friday (July 1). (Photo by Low Yen Yeing/The Edge) - A + A KUALA LUMPUR (July 1): The High Court on Friday (July 1) allowed an application by the prime minister and the government to strike out a suit by an individual, namely Mohd Hatta Sanuri, who sued them over the withdrawal of a review application over the International Court of Justice's (ICJ) decision on the Pulau Batu Puteh claim. The decision was delivered by Justice Hayatul Akmal Abdul Aziz following Zoom proceedings where she ruled that the action by the government is non-justiciable as it concerns foreign policy or foreign relation. In addition, the court also ruled that Mohd Hatta lacked the locus standi (legal standing) to bring the suit. Following that, the court allowed the application by the government and the prime minister to strike out the suit, and ordered Mohd Hatta to pay RM6,000 costs. The … [Read more...] about High Court allows application by PM, govt to strike out individual suit on Pulau Batu Puteh