talent management News

Fuji Media, Rocked by Sexual Misconduct Allegations, Says Executives to Resign

Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of …

Rising Sick Days Are Costing Europe Billions Every Year

Norway, illness is becoming an increasingly trying problem. Workers take more sick days than anywhere else in Europe and absences are at the highest level in 15 years. As companies struggle with chronic shortages, critics blame an overly generous welfare …

Australia’s Top Female Executives Make US$103,000 Less Than Men

Australia’s top female business chiefs are earning A$158,632 ($103,340) less per year than their male counterparts, according to the Workplace Gender Equality Agency, with the overall pay disparity between men and women nationally sitting at 21.8%. Including executive salaries in …

Harassment Claims Soar at City Firms in Wake of Odey Scandal

City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile scandals including sexual harassment allegations leveled at hedge fund chief Crispin Odey. In the biggest review of discrimination and bullying …

Boozy Work Parties May Be Over With New UK Harassment Law

Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …

AI Push Sees Italy’s Intesa Axing 9,000 Jobs in ‘Generational’ Shift

Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of artificial intelligence, demonstrating how much the technology is impacting workers across the financial industry. The Italian lender plans for 9,000 …

Female Leadership Suffers When Private Equity Firms Invest

Female board and leadership representation at European companies plunges whens private equity firms invest, according to a study by consultancy LCap Group. The average percentage of women in leadership positions tumbles to 16% by the end of the private equity …

Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh

Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses over the next 12 months, according to new research by Marsh McLennan. The findings come from Marsh’s UK Business Risk …

Probe Into EY India’s Office After Worker’s Death Finds it Lacked Labor Welfare Permit

An Ernst & Young (EY) office in western India, which employed a 26-year-old who allegedly died after facing a high workload, has operated since 2007 without a state permit which regulates work hours, a senior government official told Reuters. EY …

Lloyd’s of London Plans to Overhaul ‘Unclear’ Rules on Dealing With Poor Conduct

Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behavior could be “unclear.” The Lloyd’s of London market, which …