Share to Twitter Share to Linkedin W hen Alexi Nazem was a hospital doctor, he faced a mountain of paperwork and bureaucratic hurdles anytime he wanted to moonlight outside his hospital. For healthcare professionals side gigs like these are common, so why should the process be so burdensome? Inspired by the possibility of applying the concept of other online marketplaces like AirBnB to healthcare temping, he and four cofounders (including AlleyCorp founder Kevin Ryan) launched Nomad Health in 2015. During the Covid-19 pandemic, Nomad saw explosive growth as hospitals, already facing nursing shortages, raced to fill roles in overburdened ICUs around the country. While the pandemic has (hopefully) peaked and travel nursing pay rates are receding from all-time highs, the underlying shift of much more of the healthcare workforce engaged in temporary rather than full-time roles is expected to continue. “One of the most important lessons that we've learned … [Read more...] about Staffing Marketplace Nomad Health Raises $105 Million As It Expands Beyond Travel Nurses
Overtime pay for salaried employees
The State of the Nation: Hospitality industry struggling to cope despite borders reopening, brighter prospects
This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A DESPITE the reopening of borders since April 1, when Malaysia allowed quarantine-free travel for fully-vaccinated travellers into the country, it will be some time before the hotel industry regains a strong footing following the debilitating lockdowns of 2020 and 2021. In fact, it may well take another year at least before operators can operate at their full capacities at pre-pandemic levels, Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong tells The Edge. “Average occupancy rates are an estimated 30% to 50% of pre-pandemic levels,” says Teo, who is owner and director of One World Hotel in Petaling Jaya, Selangor. He notes that resort destinations are seeing full occupancies while city hotels still face low occupancy. As at November 2020, a total of 204 tourism and hotel operators had shut down following the impact of the … [Read more...] about The State of the Nation: Hospitality industry struggling to cope despite borders reopening, brighter prospects
Electricity rates to increase by 5 won per kilowatt-hour
Electricity meter on a building in Seoul on Monday. The government announced that it is raising utility rates, including the electricity rate, due to rising international energy prices and won falling against the dollar. [YONHAP] Electricity rates will increase by 5 won per kilowatt-hour from next month, the Ministry of Trade, Industry and Energy announced Monday. This is the sharpest increase since a new billing system went into effect in 2021. Gas rates will also be increasing, by 1.11 won per megajoule. The government has been forced to increase rates as oil prices increase globally and as the won falls against the dollar. Electricity is currently billed at 88.3 won ($0.07) per kilowatt hour for the first 200 kilowatt-hours per month, 182.9 won per kilowatt-hour for 201 to 400 kilowatt-hours and 275.6 won per kilowatt-hour above 400 kilowatt-hours. Gas is currently 15.88 won per megajoule. The changes are expected to hit households already struggling with high … [Read more...] about Electricity rates to increase by 5 won per kilowatt-hour