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Human Times helps you stay ahead of the latest news and trends that impact the HR industry. Every weekday, our unique blend of AI and team of expert HR and employment editors and researchers monitor 100,000s of articles, and social posts to create summaries of the most relevant and useful content to help you lead, innovate and grow. The award winning Human Times newsletter has four geographical editions with news tailored to your region.
From HR leadership to diversity and inclusion, hybrid working, organisational data, performance management, and retention strategies, Human Times is the only trusted free online news source dedicated to covering the most up to date headlines, articles, reports and interviews to make sure you’re abreast of changes in the HR industry.
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Recent Editions
Human Times
North America
Goldman Sachs has added rules on prediction-market betting to its employee codes of conduct. The bank's personal trading policy bans employees from trading on prediction markets except for sports and entertainment bets. Trading on event contracts related to specific companies, election outcomes, or financial market performance is prohibited. Repeated violations of the policy may lead to dismissal or account closure, and employees may be required to forfeit profit or donate it to charity in cases of improper trades.
Full Issue
Human Times
UK
Poorly managed disciplinary investigations are causing widespread burnout, sickness absence and staff departures, costing the UK economy an estimated £28.5bn annually. The Faculty of Public Health says formal proceedings are often prioritised over employee wellbeing, creating harm for accused workers, colleagues, managers and organisations. President Prof Tracy Daszkiewicz warned that the effects include “damage to individual wellbeing, loss of trust in systems, avoidable sickness absence and the undermining of staff morale and retention”. The faculty recommends treating investigations as a last resort and resolving concerns informally where possible. An approach used by Aneurin Bevan University Health Board reduced investigations by 71%, prevented more than 3,000 sick days and saved at least £700,000 each year. Acas and the TUC also support earlier, less adversarial intervention and stronger union involvement.
Full Issue
Human Times
Europe
Volkswagen's labour leaders have vowed to fight plans for large-scale job cuts, as Europe's largest automaker considers a wide-ranging overhaul that sources say could cost around 100,000 jobs. “Us workers didn’t cause this crisis,” Daniela Cavallo, head of VW’s works council, said at a protest at the German company’s headquarters in Wolfsburg. “Management must do its homework, politicians as well, while we’ve already stood ready to do our part.” Reuters reports that Volkswagen is under unprecedented pressure to restructure its business model as it battles with high costs and excess capacity at home. "The global situation has continued to deteriorate over the past twelve months," Volkswagen CEO Oliver Blume said. "That is why we are acting now."
Full Issue
Human Times
Middle East
A new World Economic Forum and Marsh report highlights that age-related workplace barriers could lead to nearly $500bn in productivity losses for OECD economies by 2040. The report states that the ageing population will grow significantly, while the working-age group will increase only modestly. Countries like the US and France are projected to face substantial GDP losses due to extended unemployment among older workers. The report also links ageism to health issues, noting that tackling it could enhance productivity and provide health benefits, while allowing employers to tap into valuable skills of older workers.
Full Issue
Read the latest HR highlights
How HR is Tackling Long Covid?
Fingers remain tightly crossed around the world that the rampant hospitalization and fatality stage of the Covid-19 pandemic has generally peaked. Vaccination programmes are accelerating, and restrictions are gradually being lifted...
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ESG Is Not Just Another Name For CSR
Back in the distant 1980s if you wanted to demonstrate your environmental and ethical credentials it was sufficient to shop at or purchase shares in retailer The Body Shop. The charismatic Anita Roddick, founder of the “hippy” tinged retail chain, heralded a new age of environmental concern, caring capitalism and corporate awareness that evolved into what became known as Corporate Social Responsibility (CSR). CSR was much talked about and lauded, but in reality often ended up being a lot of a hot air (excuse the pun) and often never progressed much beyond a footnote in the annual report.
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Have Older Workers Paid The Highest COVID-19 Price?
Across the world the pandemic is slowly but surely moving into its next phase. Recovery beckons. As furlough schemes across the U.S. and U.K. are being wound down, restrictions eased or lifted, and workforces moving back up the gears, early signs indicate that older employees are more likely to be casualties of the pandemic aftermath than their younger colleagues. Here at the we have witnessed an increasing number of stories supporting the growing belief that older workers are disproportionately paying the highest Covid-19 price.
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Bosses. What's not to like? Plenty, say employees
“You’ll never have another boss like me, someone who’s basically a chilled-out entertainer”
So said, David Brent, the fictional manager of Slough-based paper merchant Wernham Hogg in the seminal TV comedy The Office. Ricky Gervais’s portrayal of Brent as a flawed, narcissistic, incompetent, and deluded manager was so well observed that many (including me) believed it was a genuine fly-on-the-wall documentary when they alighted accidentally on the first ever episode.
Rolling with the Payroll
To mark National Payroll Week the team at the Human Times has provided some insight into the industry that we hope you’ll find useful.
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