talent management News

Proposed Australian Law Would Make It Employers’ Job to Stop Sexual Harassment

New legislation introduced into Australia’s Parliament will place a “positive duty” on employers to prevent workplace sexual harassment, as part of sweeping changes to improve worker safety. Under the proposed law, introduced by the government into Parliament on Tuesday, employers …

Swiss Re Underwriter Wins Sex Discrimination Suit After Boss Joked About Her Breasts

A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her “If I had breasts like yours I would be demanding too.” Julia Sommer was unfairly dismissed after …

London Workers Could Save Money by Returning to Offices as Bills Soar: Research

City of London workers looking to save money may want to embrace the office over winter as the cost of working from home soars alongside energy bills. Those prepared to go into the office every day could save about £50 …

Financial Services Companies Urged to Hire More Working-Class Managers

Financial services companies should set “stretching targets” for appointing people from working class backgrounds to senior positions, a UK government-sponsored report said on Thursday [Aug. 11]. The finance industry is already making efforts to appoint more women, Black and ethnic …

UK Financial Services Firms Suffer From Record Skills Shortage

UK finance firms are struggling with its worst job vacancy rates on record, underlining the skills shortage caused by digitization in banking, investing and insurance. The industry had more than five vacancies unfilled for every 100 jobs between April and …

One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders

A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s said in a report on Monday. Lloyd’s has been trying …

Older and Younger Executives Disagree About Remote Work Arrangements

Bosses and workers rarely agree on what matters when it comes to the future of work. But there’s division even within the c-suite, particularly regarding the disparate treatment remote and in-office workers can face. Younger executives cited those inequities as …

Nearly Half of UK Black Professionals Plan to Leave Their Jobs

Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness in their company’s management, according to new research. A total of 46% of Black employees at UK firms intend to …

Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms

Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease. In January, the market reportedly was conducting a review of …

Ariel Re Sponsors 6 Bermudian Students for Summer Internship Program

Six Bermudian students will be learning about the global reinsurance industry this summer as part of an internship program with Ariel Re in Bermuda. The interns will learn about a variety of roles within the sector, including operations and finance, …