In a world first, Iceland has introduced a new law requiring employers to prove they are paying men and women the same wage for doing the same work, or face fines.
As of next January, companies in Iceland must prove, with proper documentation carried out regularly, that they are paying gender equal wages.
The country’s biggest bank Landsbankinn, nationalised in 2008 during the country’s financial collapse, has already begun complying with the law.
Elisabet Bjornsdottir, 34, who works in the bank’s treasury department, says she’s never experienced any discrimination vis-a-vis her male counterparts, in a country that is already among the world’s best performers in terms of gender equality. Read more here→http://www.straitstimes.com/
The 40-year-old Portuguese government worker lives from six-month contract to six-month contract, doing the same job every day but never sure of his future, and takes home just 1,200 euros ($1,500) a month. He would like to marry his girlfriend and have children, but he can’t afford it. Unlike co-workers on permanent contracts, banks won’t give him a mortgage.
Unemployment across the 19-country eurozone was at its lowest level in nearly nine years in December, at 8.7 per cent, official figures showed Wednesday. The improvement from 9.7 per cent a year earlier comes amid a strong economic growth rate of 2.5 per cent last year.
The brightening figures conceal, however, a darker reality. Read more here→https://www.ctvnews.ca/
As companies continue to search for methods to increase the speed and precision of entrance into established markets, the HR Global Alliance provides the necessary tools for international growth.
“Nothing is more important than making our customers more successful’–Kenneth Kahn
‘By forming the Global Alliance with HR Technology Conference & Exposition® we are building a strong bridge across the Atlantic. Our goal is to help our exhibitors to enter the US market successfully and thereby expand their international client base’ -Ralf Hocke, CEO of spring Messe Management. Read more here→http://www.menafn.com/
The incomes of young people have recovered after dropping when many lost their jobs following the financial crisis, according to the IMF. Still, youth incomes haven’t grown compared with pre-crisis levels, whereas the incomes of those 65 or older have risen 10 percent since their pensions were protected, Lagarde said in a blog post-Wednesday.
“Working-age people, and especially the young, are falling behind,” she said. “Without action, a generation may never be able to recover.” Read more here→https://www.bloomberg.com
The European Union has gone a long way since the Lisbon Strategy of 2000 with its “more and better jobs” objective. In parallel with the Decent Work Agenda of the ILO, job quality gained a firm ground in the EU policy debate. But 17 years after the Lisbon Strategy was adopted, it has hardly moved beyond the confines of that debate, still less transmuted into a concrete action plan or policy.
There is still no agreed indicator and no concrete target for achieving job quality in European employment policy. Read more here→https://www.socialeurope.eu/
The gradual increase of migrants within the Czech Republic in the last years as a result of abundance in
jobs and good living conditions. They might be the solution for population ageing which will cause shrinkage of the manpower. Most immigrants to the Czech Republic have come from EU countries. At the end of last year, there were over 111,500 Slovaks, over 20,300 Poles, almost 21,300 Germans, 12,400 Bulgarians, over 11,000 Romanians, 4600 Italians, about 3800 French, 3600 Austrians and 5300 Britons. Read more here→http://praguemonitor.com
In Europe, there has always been a cultural divide in banks between those who have MBAs and those who do not. Banks are much more focused on doing things than some of the intellectualising you get taught at business school. MBAs produce people who are great for consultancies because they can produce great PowerPoint presentations. Banks are much more deal-focused. Read more here→https://www.ft.com/
When your smart devices (phones, tablets, wearables, chips, patches, implants) are recording and reporting a continuous stream of data about your whereabouts, your health, your mood, your interactions and your daily habits – to your manager, HR and the organization – will you flinch? Consider it invasive? Perhaps now, but then? When the steady accumulation of facts about you (and everybody else) seems an inevitable reality in a world that is connected to everything and never sleeps? What will the new norm be?
Where is the line between humanizing technology and digitizing humanity?
Read more here→https://www.forbes.com
IBM spent 2017 enhancing various areas in its talent management suite, Kenexa, by plugging in its artificial intelligence engine, Watson. Now IBM is looking to position Watson as an aid to HR managers in making the most of one of the hottest trends in business tech: robotic process automation.
IBM created a flurry of interest when it announced its collaboration late last month with RPA vendor Blue Prism. As part of that announcement, IBM revealed that pharmacy giant Walgreens “is now using robotic processing automation to support its HR function.” Read more here→https://www.benefitnews.com
Over the past years, there is a sudden advance in HR technologies. From programs that gauge employee performance to employee-facing chatbots that accept feedback on sexual harassment, there are several “must-have” — or at least “must-consider” — HR technologies on the market, according to Boese, Hamerman and other industry observers.
There is a list below of the four HR technology trends that are important to explore:
-HR technology trends focus on understanding talent
-Employee feedback on top HR technology trends
-HR technology trends include major inroads by chatbots
-Marrying HR data with non-HR data among HR technology trends
Technology might be the most serious factor that affects in this way HR industry but the question that follows is: Will these hot trends really work? Read more here→http://searchhrsoftware.techtarget.com