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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
CNBC reports on companies that have walked back their hiring plans after rapidly changing their minds that artificial intelligence can “do it all,” to focus more on human capital. Ford has rehired hundreds of experienced human engineers to work on quality issues that automated systems couldn’t fix, and Commonwealth Bank of Australia and IBM are also said to be refocusing on human capital after making layoffs while investing in AI. IBM replaced its HR functions with AI that handled around 94% of routine requests but was unable to meet the other 6%, which included ethical dilemmas. “Budgeting on ‘tech to replace humans’ without investing in training or upskilling left teams unprepared to leverage AI,” a report from Intuition Labs observed. “Notably, among companies pushing automation, many later ‘regretted’ layoffs, having cut the very people needed to oversee AI,” it added.
Full Issue
Human Times
UK
The Wall Street Journal reports that some employers are cutting back on junior hiring because widespread remote work is making young talent a less attractive value proposition. Researchers from the London School of Economics, who recently observed that the amount of hiring devoted to entry-level roles across some countries has fallen more than 14% since 2019, said the return-on-investment after the hiring of an entry-level worker is dependent on the rate at which that young employee learns. Since remote work slows that process, employers prefer to invest instead in older workers, the researchers argue. “The implication is stark . . . A persistent contraction of this kind hollows out the pipeline of future experienced workers, causing declines in aggregate productivity as well as imposing cohort-specific scarring,” they wrote.
Full Issue
Human Times
Europe
Volkswagen's works council and the IG Metall union say they haven’t been informed of plans to cut as many as 100,000 positions in Germany to boost competitiveness. Top labour representative Daniela Cavallo has been part of the German car maker’s attempts to cut costs, but talks didn’t detail specific job reduction targets. Manager Magazin reported last week that Volkswagen CEO Oliver Blume aims to cut up to 100,000 jobs and discontinue production at four of the group's German plants, as he seeks to reduce investment by around 15% to just over €130bn ($148bn) over the next five years. "The entire group, including its brands and subsidiaries, must undergo far-reaching change," a Volkswagen spokesperson said at the time. Bloomberg notes the difficulty that Blume can expect when pushing ahead with his plans: labour leaders are powerful and VW law gives the state a veto over key decisions while making it harder to close major German plants.
Full Issue
Human Times
Middle East
CNBC reports on companies that have walked back their hiring plans after rapidly changing their minds that artificial intelligence can “do it all,” to focus more on human capital. Ford has rehired hundreds of experienced human engineers to work on quality issues that automated systems couldn’t fix, and Commonwealth Bank of Australia and IBM are also said to be refocusing on human capital after making layoffs while investing in AI. IBM replaced its HR functions with AI that handled around 94% of routine requests but was unable to meet the other 6%, which included ethical dilemmas. “Budgeting on ‘tech to replace humans’ without investing in training or upskilling left teams unprepared to leverage AI,” a report from Intuition Labs observed. “Notably, among companies pushing automation, many later ‘regretted’ layoffs, having cut the very people needed to oversee AI,” it added.
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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