talent management News

Why Remote Work Will Continue in 2023

If the U.S. job market continues to weaken next year, companies will be emboldened and may pull back on letting employees work remotely. Executives generally fall into two camps on working from home, which surged during the pandemic when workers …

City of London Workers Pushing for Cross-Border Remote Working: Survey

Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible work isn’t abating. The UK government, which launched a review into cross-border working rules earlier this year, should adopt common …

Australia’s Financial Services Firms Failing to Narrow Gender Pay Gap: Report

Australian employers are failing to narrow the pay gap between men and women, with finance firms among the worst offenders. Females earned 22.8% less than males, the first time that progress has stalled since the government Workplace Gender Equality Agency …

Many Ethnic Minorities in UK Financial Services Face Racism, Discrimination: Survey

The UK may be more ethnically and racially diverse than ever, but minorities working in the financial services industry continue to face discrimination, according to a new study. About 70% of ethnic minorities working in finance have experienced discrimination at …

Half a Million UK Workers Drop Out of Workforce Citing Long-Term Illness, Mental Health Problems

The number of people who have dropped out of Britain’s job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) …

Comment to Pro-Union Starbucks’ Worker Was Threat, U.S. Labor Board Alleges

Starbucks Corp. interim Chief Executive Officer Howard Schultz made comments during an April meeting with employees that US labor officials view as an illegal anti-union threat, according to a complaint Friday. In that meeting, an employee asked Schultz about retaliation …

‘Quiet Quitting’ Surges in U.S. Financial Services as It Gains Steam Across Sectors

The viral quiet quitting trend is taking hold in finance — once the industry with the most engaged workers, according to a new study. The share of workers who said they’re “very likely” or “extremely likely” to try their hardest …

Women Are Quitting Executive Roles at Faster Rate Than Ever: Report

Women are leaving the top ranks of companies at higher rates than ever before — as female employees remain less likely to get promoted into leadership roles in the first place. For every woman at the director level who gets …

Many Companies Lack Targets for Employee Mental Health: Study

Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear evidence” that such targets can save money. CCLA’s new investor benchmark, which assessed …

Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon)

A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a tool that employers can use to measure and improve the mental health of their workers. The assessment, known as the …