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....". Timpson employees can also spend up to £500 to settle a customer complaint, without having to check first with head office or a senior manager. ... [Read full article on BBC ]
Sunday 23rd of April 2017 11:03:35 PM
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.... . His social media tech company has about 700 employees, and exercise before, during and after working hours is encouraged, in the small on-site gym. ... [Read full article on BBC ]
Tuesday 4th of April 2017 11:37:48 PM
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...."You kind of see all the subordinates in the room glancing at each other defeated, [their faces] saying, 'are we really going ahead with this?'". Most of us have had to work for an overly dominating hippo at some time in our careers - a boss who staff feel unable to criticise, or whose every idea employees feel they have to praise. ... [Read full article on BBC ]
Wednesday 19th of April 2017 11:31:05 PM
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....In addition to the cost savings, the transaction had the "potential for $1bn in growth synergies", Dow said in a statement. "Longer term, the intended three-way split is expected to unlock even greater value for shareholders and customers and more opportunity for employees as each company will be a leader in attractive segments where global challenges are driving demand for their distinctive offerings," it added. ... [Read full article on BBC ]
Monday 27th of March 2017 12:10:59 PM
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.... Driverless forklifts are already being used in factories. Over the past 30 years there have been 33 employee deaths caused by robots in the US, it notes. ... [Read full article on Guardian ]
Tuesday 4th of April 2017 12:00:36 AM
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....However, she stressed that the Brussels office was an additional base, simply an EU subsidiary, and that the number of jobs affected was fewer than 100. Lloyd's of London has about 700 London employees, but the market it runs involves more than 30,000. ... [Read full article on BBC ]
Thursday 30th of March 2017 06:28:20 AM
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....". But on Monday Mr Munoz said Mr Dao's conduct meant employees were "left with no choice but to call Chicago Aviation Security Officers to assist in removing the customer from the flight". ... [Read full article on BBC ]
Wednesday 12th of April 2017 12:19:37 PM
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.... . "United's management and the board take recent events extremely seriously and are in the process of developing targeted compensation program design adjustments to ensure that employees' incentive opportunities for 2017 are directly and meaningfully tied to progress in improving the customer experience," the filing said. ... [Read full article on BBC ]
Saturday 22nd of April 2017 01:29:14 AM
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. UK companies with 250 or more employees will have to publish their gender pay gaps within the next year under a new legal requirement. ... [Read full article on BBC ]
Wednesday 5th of April 2017 10:57:09 PM
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....He said he would co-operate fully with the Financial Conduct Authority and the Prudential Regulation Authority, which are now both examining the matter. In June 2016, members of the Barclays board received an anonymous letter, while a senior executive received another anonymous letter, raising concerns about a senior employee who had been recruited by Barclays earlier that year. ... [Read full article on BBC ]
Monday 10th of April 2017 06:32:38 AM
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.... . "Nonetheless, the Bank of England has been assisting the SFO's criminal investigations into Libor manipulation by employees at commercial banks and brokers by providing, on a voluntary basis, documents and records requested by the SFO. ... [Read full article on BBC ]
Sunday 9th of April 2017 11:01:47 PM
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....Maria Miller, who chairs the Women and Equalities Committee, said she welcomed the decision to introduce new guidelines. "This petition, and the committees' inquiry, have reinforced the need for effective enforcement of legislation and for employers and employees to be aware of their obligations and rights," she said. ... [Read full article on BBC ]
Friday 21st of April 2017 10:29:08 AM
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.... Frankfurt, Madrid and Amsterdam are also likely to benefit. HSBC is expected to move significant numbers of employees to Paris. ... [Read full article on BBC ]
Wednesday 29th of March 2017 05:24:23 PM
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....The DPA with Tesco Stores still needs approval by the High Court, which is scheduled to make its decision on 10 April. This potential DPA agreement only covers Tesco Stores and does not address whether liability of any sort applies to the larger international group Tesco plc or any of its employees. ... [Read full article on BBC ]
Tuesday 28th of March 2017 06:35:26 AM
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.... . "Engaged employees lead not only to better corporate performance, but also significant cost savings through stronger retention and more targeted recruitment based on cultural appreciation," she says. ... [Read full article on BBC ]
Monday 10th of April 2017 11:19:56 PM
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....The CEO of United Airlines has issued a second public apology about the man who was forcibly removed from a flight on Sunday, calling the incident “truly horrific”. “No one should ever be mistreated this way,” Oscar Munoz wrote in a note to employees Tuesday, one day after video posted by fellow passengers showing police dragging the man off the plane went viral. ... [Read full article on Guardian ]
Tuesday 11th of April 2017 03:27:54 PM
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....The consumer rights activist group SumOfUs has mapped more than 100 alleged incidents from news reports on a website called whyeveryonehatesuber. com to argue as to how Uber’s bulldozer approach to entering new markets sees it sidestep regulators, bully competitors and mistreat employees. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 03:19:57 PM
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....A video that appears to show him dazed and with blood around his mouth, saying "just kill me", having run back on the plane, also emerged online. Earlier, Mr Munoz had defended employees' conduct and said the passenger had been "disruptive and belligerent". ... [Read full article on BBC ]
Wednesday 12th of April 2017 01:45:32 AM
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....The incident happened on a flight from Denver to Minneapolis on Sunday morning, activist Shannon Watts said. United said the girls were travelling on a special pass, for employees and their guests, which has a dress code. ... [Read full article on BBC ]
Sunday 26th of March 2017 07:32:11 PM
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....O’Toole said: “We’ll engage with unions through normal machinery but it doesn’t do any good to talk about that now. There are changes all the time across all the business for management and all the employees involved. ... [Read full article on Guardian ]
Monday 27th of March 2017 07:52:43 AM
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.... I apologize for having to re-accommodate these customers," he said in a statement. But Mr Munoz also sent an email to employees calling the passenger, who was pictured with a bloodied face, "disruptive and belligerent". ... [Read full article on BBC ]
Tuesday 11th of April 2017 09:03:55 AM
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....But Diageo said it followed a review of its spirits bottling business to ensure the company delivered "leading performance" in domestic and export supply chains. A spokesman added: "Regrettably, these changes may impact some roles in our European bottling plants towards the end of the year and we will now enter a period of consultation with our employees and their representatives to discuss the proposals in more detail. ... [Read full article on BBC ]
Thursday 20th of April 2017 05:16:52 PM
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.... . The ONS said average weekly earnings for employees rose by 2. ... [Read full article on BBC ]
Wednesday 12th of April 2017 08:39:51 AM
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....It won't compare your salary with someone else's. You are already entitled to compare your contract to that of another employee of the opposite sex who is doing similar work under the Equal Pay Act. ... [Read full article on BBC ]
Thursday 6th of April 2017 11:50:56 AM
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....Raids on homes and offices took place across the Netherlands and France on Thursday and Friday. Taxpayers and high ranking bank employees in Britain, Germany and Australia are under investigation. ... [Read full article on Guardian ]
Friday 31st of March 2017 08:17:57 AM
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. Managers at Deliveroo have been given a list of dos and don’ts setting out how to talk to the firm’s food delivery riders, using terms that appear designed to fend off claims that they are employees. ... [Read full article on Guardian ]
Wednesday 5th of April 2017 05:00:17 PM
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.... In some cities, where as many as 60% of drivers work for both companies, that could be the difference between breaking even and operating at a loss in the ultra-slim-margin industry. The “Hell” program – so called in contrast to Uber’s controversial “Heaven” or “God View” program, which allows employees to see a view of all Uber drivers and passengers operating in any given city – was reportedly run in a top-secret manner. ... [Read full article on Guardian ]
Thursday 13th of April 2017 12:10:45 PM
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....Other loud voices are also demanding change, finally recognising that runaway executive pay is eroding trust in business. BlackRock, the world’s biggest fund manager, wants an end to directors’ pay that grows faster than ordinary employees’. ... [Read full article on Guardian ]
Sunday 9th of April 2017 06:00:00 AM
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Monday 10th of April 2017 10:09:03 AM
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.... . HSBC decided to extend the number of gender-neutral prefixes available to customers after feedback from employees, Mr Barette added. ... [Read full article on BBC ]
Thursday 30th of March 2017 05:28:12 PM
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Latest Finance News related to Employee

Full-time a fantasy as Australians work fewer hours than ever before | Greg Jericho image
....The drop in the average hours worked is a reflection of the changing nature of employment in Australia. Where once full-time was the norm, in March a record 17% of all hours worked was done by part-time employees:. ...
'You're hired Mr Happy' image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:35 PM
....". Timpson employees can also spend up to £500 to settle a customer complaint, without having to check first with head office or a senior manager. ...
Saudi Arabia's King Salman reverses public sector pay cuts image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:39:53 AM
....Prince Khalid, the new ambassador in Washington, is a fighter pilot who has trained in the US and carried out air strikes against the so-called Islamic State (IS) group in Syria. The decree said the pay cuts for ministers and government employees - the first in the country, where about two-thirds of working Saudis are employed in the public sector - had been in response to falling oil prices, which sank to a low of $28 (£21) a barrel last January. ...
Barclays boss’s spy act is a funny old business image
Source : Guardian [Read Article] Sunday 23rd of April 2017 06:00:05 AM
....This year should prove to be another re-run, with Pirc opposing both the group’s remuneration report and policy – describing the latter as a method to “promote excessive payouts”. Pirc continues: “The ratio of CEO to average employee pay has been estimated and is found unacceptable at 152:1. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....The vast majority of young adults working in the private sector will never have pensions as generous as those enjoyed by their older colleagues. This is because most employers have closed defined benefits pension schemes, which typically see employees paid a set proportion of their average or final salary when they retire. ...
American Airlines suspends employee after clash over pram image
Source : BBC [Read Article] Saturday 22nd of April 2017 08:23:32 AM
. American Airlines has removed an employee from duty after an ugly clash over a baby's pram in San Francisco. ...
United Airlines to tie executive pay to customer satisfaction image
Source : BBC [Read Article] Saturday 22nd of April 2017 01:29:14 AM
.... . "United's management and the board take recent events extremely seriously and are in the process of developing targeted compensation program design adjustments to ensure that employees' incentive opportunities for 2017 are directly and meaningfully tied to progress in improving the customer experience," the filing said. ...
Braced for Brexit image
Source : BBC [Read Article] Friday 21st of April 2017 08:44:19 PM
....At the same time, however, he is concerned about Brexit's potential impact on his own organisation's staffing levels. "Eleven per cent of our employees come from countries other than the UK. ...
Growth in unpaid full-time internships raises fears for social mobility image
....This fantastic opportunity, available only to those with independent means, wealthy parents and access to free accommodation, was advertised this week by US-based fashion chain Urban Outfitters. The company, which has 25,000 employees worldwide and last year reported earnings of more than $200m (£155m), wanted students to work for free as interns in photographic studio production and styling at its London office. ...
Dortmund attack: man arrested on suspicion of share-dealing plot image
Source : Guardian [Read Article] Friday 21st of April 2017 04:36:02 PM
.... His second room, in the attic, had a clear view of the location. According to Bild, L`Arrivée employees had become suspicious of Sergej W shortly after the explosion: while other guests ran around the hotel in a panic, he walked calmly into a restaurant and ordered a steak. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
.... Last month, it said the devaluation of the euro against the dollar would also hit profit margins. The company has also moved to address corporate governance concerns, announcing this month that it has elected an employee to attend its board meetings. ...
Volkswagen to pay $2.8bn for cheating on US diesel emissions tests image
Source : Guardian [Read Article] Friday 21st of April 2017 03:38:12 PM
....5bn in a civil case brought by the government and spending $11bn to buy back cars and offer other compensation. Seven employees have also been charged. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
....His neighbours know Mallya lives next door but they have not met him and are a little wary of the media after the Indian press corps camped outside the gates for days when it was revealed last year that the businessman was holed up there. India’s prime minister has singled out Mallya, accused of fleeing the country owing about £1bn to banks and employees of his failed Kingfisher Airlines, of ripping off India and Indians. ...
High heels row: Petition for work dress code law rejected image
Source : BBC [Read Article] Friday 21st of April 2017 10:29:08 AM
....Maria Miller, who chairs the Women and Equalities Committee, said she welcomed the decision to introduce new guidelines. "This petition, and the committees' inquiry, have reinforced the need for effective enforcement of legislation and for employers and employees to be aware of their obligations and rights," she said. ...
Jobs threatened at Diageo bottling plants in Glasgow and Fife image
Source : BBC [Read Article] Thursday 20th of April 2017 05:16:52 PM
....But Diageo said it followed a review of its spirits bottling business to ensure the company delivered "leading performance" in domestic and export supply chains. A spokesman added: "Regrettably, these changes may impact some roles in our European bottling plants towards the end of the year and we will now enter a period of consultation with our employees and their representatives to discuss the proposals in more detail. ...
Presidential challenge image
Source : BBC [Read Article] Thursday 20th of April 2017 03:10:40 PM
....There is also a feature of the French business regulation and taxation that affects the size of firms. Nicola Brandt from the Organisation for Economic Co-operation and Development (OECD) told the BBC that there's a threshold effect - regulations that kick in when a firm has 50 or more employees that inhibit those that might otherwise grow. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
....A new asset management division is being set up in the Scottish capital. The bank currently employees 50 people in Edinburgh and 85 in London. ...
'It was like the tap turned off on job applications': SMEs post Brexit vote image
....”. EU talent leaving Britain is also impacting SMEs in other sectors requiring more highly qualified employees. ...
Fox forcing out Bill O’Reilly could appease critics of the Sky deal | Graham Ruddick image
....The decision by 21st Century Fox to force out O’Reilly could appease Ofcom and critics of the Sky deal. In the past Rupert Murdoch has stood by high-profile employees when they have faced heavy public criticism, including Rebekah Brooks, who was appointed chief executive of News UK, the UK arm of News Corp, after being found not guilty of phone-hacking charges, and Kelvin MacKenzie, the controversial former editor of the Sun. ...
The hippo at work image
Source : BBC [Read Article] Wednesday 19th of April 2017 11:31:05 PM
...."You kind of see all the subordinates in the room glancing at each other defeated, [their faces] saying, 'are we really going ahead with this?'". Most of us have had to work for an overly dominating hippo at some time in our careers - a boss who staff feel unable to criticise, or whose every idea employees feel they have to praise. ...
Fox dumps star presenter Bill O'Reilly image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:28:15 PM
....Trump defends Fox host amid sex claims. In an internal memo sent to 21st Century Fox employees, the company wrote that the decision had been made after "extensive review done in collaboration with outside counsel". ...
Coalition announces dramatic public service decentralisation plan image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:06:16 AM
....Joyce has been heavily criticised for forcing the relocation of the Australian Pesticides and Veterinary Medicines Authority to Armidale in northern New South Wales. The forced relocation prompted 20 of 100 regulatory scientists to leave the agency, despite APVMA employees being offered significant incentives to stay. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
.... Firms can establish a commercial presence in other countries. And individual practitioners can go abroad and work as an independent supplier - perhaps as a plumber - or as an employee of, for example, an insurance company. ...
United CEO: nobody will be fired after man was violently dragged from plane image
....On a conference call to discuss first-quarter results, Munoz started by apologizing again for the 9 April scene aboard a United Express plane, flight 3411, at Chicago’s O’Hare airport. David Dao, a 69-year-old Kentucky physician, was bloodied and dragged off the plane by Chicago airport officers who had been summoned by United employees when Dao wouldn’t give up his seat. ...
Trump order to target foreign worker visa programme image
Source : BBC [Read Article] Tuesday 18th of April 2017 03:26:13 PM
....8bn of revenue. And if they are forced to recruit employees from the US - which would lead to higher costs - then that would affect their profitability in the long term. ...
Force India F1 team boss Vijay Mallya arrested in London image
Source : Guardian [Read Article] Tuesday 18th of April 2017 12:31:31 PM
.... I am a very private, simple guy,” he told the FT during an interview at the Dorchester hotel last year. More than 4,000 Kingfisher Airlines employees went without pay for seven months before they revolted and grounded the carrier in October 2012. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
.... Many workplace schemes offer to match, or better, your contributions. From 2018 employers will have to pay at least 1% of an employee’s salary into a pension, a valuable perk not available with the Lisa. ...
United Airlines changes crew flight policy after forcible removal fiasco image
....Dao’s lawyer, Thomas Demetrio, said United added insult to injury by also losing his client’s luggage. The airline said the change to its employee booking policy was an initial step as it reviewed policies to “deliver the best customer experience”. ...
Forget driverless tech – white-van man will keep on trucking | John Naughton image
.... They will invest in technology only if it makes economic sense to do so. One of the reasons the automation of jobs is happening so slowly at the moment is that, in important market segments, low wages make human employees cheap. ...
'Week of perfectly avoidable gaffes': how Pepsi, United and Spicer went wrong image
....When Dao was roughed up, United initially blamed him for being belligerent. It was law enforcement officers who dragged Dao off, not United employees – but the damage to the airline was done, said Zitron. ...
Labour plans clampdown on 'sweetheart deals' to close £36bn tax gap image
Source : Guardian [Read Article] Friday 14th of April 2017 11:01:09 PM
....”. Under Labour’s plans all companies with more than £36m in turnover or more than 250 employees would be required to file a complete tax return at Companies House along with annual accounts. ...
Credit Suisse bosses slash bonuses 40 percent image
Source : Guardian [Read Article] Friday 14th of April 2017 03:10:01 PM
....”. Minder told Reuters: “If there’s no money in the coffers, then there are no bonuses for top management or employees. ...
United passenger dragged from plane needs reconstructive surgery – lawyer image
....“There are no excuses,” alderman Michael Zalewski said. John Slater, a United vice-president, said bumping passengers to accommodate airline employees happens infrequently and that federal guidelines requiring rest for crew members made it necessary to get the employees on the Sunday flight to Louisville. ...
Bernard Matthews seller 'lined own pockets' by rejecting pension offer image
....A briefing note prepared for the committee in October by Prem Sikka, professor of accounting at the University of Essex, said: “The administration strategy seems to have been carefully crafted to enable secured creditors and controllers of Bernard Matthews to extract maximum cash from the company and dump the pension scheme and other liabilities. “No attention has been paid to the hardship caused to retired and existing employees. ...
BHS workers share £1m payout over failed redundancy process image
Source : Guardian [Read Article] Friday 14th of April 2017 06:59:27 AM
....A group of former BHS workers have altogether won up to £1m in compensation over the summary way they were made redundant when the retailer collapsed. A London employment tribunal awarded 110 employees at the firm’s head office up to 90 days’ wages after their lawyers successfully argued that the company did not conduct a proper consultation process with them ahead of their dismissal. ...
Sensors, scanners and surveillance: at the expo to outfit Trump's border wall image
....“They stole something that belonged to Mexico. Now we feel like outsiders in our own territory,” said one service employee, who requested anonymity. ...
Rachel Whetstone: from Tory power broker to Silicon Valley PR guru image
Source : Guardian [Read Article] Thursday 13th of April 2017 03:02:53 PM
....Whetstone left Google to join Uber in 2015, shortly after writing an acerbic blogpost addressed to the media tycoon Rupert Murdoch, taking issue with criticism of Google in the Wall Street Journal, part of his news empire. Her departure from Uber followed several scandals involving the company, including an explosive blogpost by an employee alleging incidents of sexual harassment. ...
Uber allegedly used secret program to undermine rival Lyft image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:10:45 PM
.... In some cities, where as many as 60% of drivers work for both companies, that could be the difference between breaking even and operating at a loss in the ultra-slim-margin industry. The “Hell” program – so called in contrast to Uber’s controversial “Heaven” or “God View” program, which allows employees to see a view of all Uber drivers and passengers operating in any given city – was reportedly run in a top-secret manner. ...
Royal Mail union warns of industrial action over pension scheme closure image
Source : Guardian [Read Article] Thursday 13th of April 2017 08:44:38 AM
.... Unite, the UK’s largest union, also threatened potential strike action if a better pension deal with the company is not reached. Ray Ellis of CWU said the unions had put together an alternative proposal a few weeks ago, called the “wage in retirement” scheme, which would preserve the defined-benefit plan but share the risk between the employer and employees, and would not increase Royal Mail’s costs. ...
United Airlines to refund tickets for all customers on infamous flight image
Source : Guardian [Read Article] Thursday 13th of April 2017 01:40:06 AM
....Munoz called the incident a “system failure” and said United would reassess its procedures for seeking volunteers to give up their seats when a flight is full. United was trying to find seats for four employees, meaning four passengers had to deplane. ...
Multi-skilled image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:33:04 PM
....The ability to be "as dynamic as the workplace" and the autonomy of designing your own "stimulating future-proof career" are motivating factors for her clients. In 2007, New York Times columnist Marci Alboher popularised the term "slash careers" - as in surgeon/photographer - citing creative fulfilment and diverse skillsets as benefits for employers and employees. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
....The consumer rights activist group SumOfUs has mapped more than 100 alleged incidents from news reports on a website called whyeveryonehatesuber. com to argue as to how Uber’s bulldozer approach to entering new markets sees it sidestep regulators, bully competitors and mistreat employees. ...
Employment is high, skills are in demand. So why is pay still not rising? | Larry Elliott image
.... To say the least, it is unusual for an economy to be nearing full employment with absolutely no upward pressure on wages. There are record job vacancies and reports of skill shortages, both of which would normally increase the bargaining power of employees. ...
United Airlines boss Oscar Munoz will not resign image
Source : BBC [Read Article] Wednesday 12th of April 2017 12:19:37 PM
....". But on Monday Mr Munoz said Mr Dao's conduct meant employees were "left with no choice but to call Chicago Aviation Security Officers to assist in removing the customer from the flight". ...
Uber's head of communications quits scandal-hit cab app image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:49:11 AM
....Uber’s head of public policy and communications, Rachel Whetstone, has quit the troubled cab-hire app less that two years after it poached her from Google. Her departure comes after a string of scandals for Uber, ignited by a tell-all blogpost from a former employee alleging numerous sexual harassment incidents. ...
Sports Direct workers' representative faces 'uphill struggle' – union image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:37:03 AM
. Sports Direct has elected an employee to attend its board meetings, after a series of scandals last year over the way the company is run and treats its staff. ...
United Airlines boss sorry for 'horrific' passenger removal image
Source : BBC [Read Article] Wednesday 12th of April 2017 01:45:32 AM
....A video that appears to show him dazed and with blood around his mouth, saying "just kill me", having run back on the plane, also emerged online. Earlier, Mr Munoz had defended employees' conduct and said the passenger had been "disruptive and belligerent". ...
Can airlines 'bump' people off flights? image
Source : BBC [Read Article] Tuesday 11th of April 2017 05:28:53 PM
....Videos of a man being dragged off an overbooked US domestic flight provoked a social media outcry. The CEO of United Airlines has said that employees "followed established procedures" during the incident. ...
United Airlines CEO offers softer apology after stock nosedives image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:27:54 PM
....The CEO of United Airlines has issued a second public apology about the man who was forcibly removed from a flight on Sunday, calling the incident “truly horrific”. “No one should ever be mistreated this way,” Oscar Munoz wrote in a note to employees Tuesday, one day after video posted by fellow passengers showing police dragging the man off the plane went viral. ...
Barclays whistleblower case sparks calls for more protection image
Source : Guardian [Read Article] Tuesday 11th of April 2017 11:59:31 AM
....Anna Birtwistle from CM Murray said: “While cutting Staley’s pay may outwardly appear to represent a strong response from Barclays, it is difficult to reconcile the board’s continued confidence in Staley with its stated commitment to whistleblowing. “Fostering an open culture of disclosing wrongdoing in the workplace requires top-down stewardship and while it may be understandable that Barclays has backed Staley given his successes in post, the bank’s response to Staley’s actions may give mixed messages to its employees and the wider financial services industry about the steadfastness of its commitment to whistleblowing. ...
Not so friendly skies image
Source : BBC [Read Article] Tuesday 11th of April 2017 09:03:55 AM
.... I apologize for having to re-accommodate these customers," he said in a statement. But Mr Munoz also sent an email to employees calling the passenger, who was pictured with a bloodied face, "disruptive and belligerent". ...
The good stuff image
Source : BBC [Read Article] Monday 10th of April 2017 11:19:56 PM
.... . "Engaged employees lead not only to better corporate performance, but also significant cost savings through stronger retention and more targeted recruitment based on cultural appreciation," she says. ...
BBC to air recording that implicates Bank of England in Libor scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:45:56 PM
....The Bank of England said it had provided a statement to the BBC noting that Libor and other global benchmarks were not regulated in the UK or elsewhere at the time. The Bank added it was helping with investigations by the Serious Fraud Office into Libor manipulation by employees at commercial banks and brokers. ...
The Crusader: Trader falls victim to debt collector trying to get back money owed image
....In some situations the consumer-focused Financial Ombudsman can also look at complaints on behalf of small traders. This is when the business bringing the complaint is a sole trader or a partnership (but not a limited company) and the defendant is classed as a micro enterprise so  has fewer than 10 employees and an annual turnover of less than two million euros (£1. ...
Wells Fargo takes back $75m from ex-executives after fake accounts scandal image
.... Both were ultimately unwilling to accept criticism that the bank’s sales-focused business model was failing. The 110-page report has been in the works since September, when Wells acknowledged that its employees opened up to 2m checking and credit card accounts without customers’ authorization. ...
Barclays boss used bank's security team to hunt for whistleblower image
Source : Guardian [Read Article] Monday 10th of April 2017 09:06:17 AM
....The letters are understood to have made allegations about the previous conduct of Tim Main, who worked with Staley at US bank JP Morgan and was then recruited to Barclays in a senior role last June. Main declined to comment but, according to Barclays, the letters raised concerns of “a personal nature about the senior employee, Mr Staley’s knowledge of and role in dealing with those issues at a previous employer, and the appropriateness of the recruitment process followed on this occasion by Barclays”. ...
City regulators investigate Barclays boss Jes Staley image
Source : BBC [Read Article] Monday 10th of April 2017 06:32:38 AM
....He said he would co-operate fully with the Financial Conduct Authority and the Prudential Regulation Authority, which are now both examining the matter. In June 2016, members of the Barclays board received an anonymous letter, while a senior executive received another anonymous letter, raising concerns about a senior employee who had been recruited by Barclays earlier that year. ...
Libor: Bank of England implicated in secret recording image
Source : BBC [Read Article] Sunday 9th of April 2017 11:01:47 PM
.... . "Nonetheless, the Bank of England has been assisting the SFO's criminal investigations into Libor manipulation by employees at commercial banks and brokers by providing, on a voluntary basis, documents and records requested by the SFO. ...
The Guardian view on productivity: Britain must solve the puzzle | Editorial image
....In 2008 or 2009, when the economy was suffering its worst recession of the postwar era, poor productivity could be seen as a price worth paying. At the time, there were justifiable fears that unemployment was on course to match the 3 million-plus levels of the early 1980s and early 1990s, but the willingness of employees to accept pay freezes and pay cuts meant there were far fewer redundancies than might have been expected. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
....Other loud voices are also demanding change, finally recognising that runaway executive pay is eroding trust in business. BlackRock, the world’s biggest fund manager, wants an end to directors’ pay that grows faster than ordinary employees’. ...
‘I’m not asking you to put on an act’ – our work expert responds image
....This is not meant as a criticism. It’s very common for both employers and potential employees to concentrate almost exclusively on academic qualifications and work experience as measured by their job titles. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
.... After passing, I’m rewarded with a link to download the app, and a flurry of text messages urging me to saddle up and get on with my new career. Joining companies like Uber is straightforward because workers are not classified as employees but self-employed contractors. ...
Businesses won’t address the gender pay gap until they are forced to | Harriet Minter image
.... After all, as of Thursday the traditional reticence around discussing money and the secrecy over what we’re all paid should have ended. The government requirement that all companies with more than 250 employees publish their salary data, showing the average pay for men and women, has finally come into force. ...
Bernard Matthews new owner axes 114 jobs at Norfolk HQ image
Source : BBC [Read Article] Friday 7th of April 2017 05:40:15 AM
....Boparan Private Office said it would secure the jobs of 2,000 workers in Norfolk and Suffolk when it acquired the company in 2016. Unite union officer Steve Harley said employees "feel betrayed". ...
German Mittelstand wants 'soft Brexit' image
Source : BBC [Read Article] Friday 7th of April 2017 05:19:03 AM
...."It would be very desirable not to have trade barriers, and if so to have the least possible amount of trade barriers in both directions". The BVMW's Mario Ohoven emphasised that all four freedoms of the EU - the free movement of goods, capital, services and people - were important to the businesses he represents, at which almost 6% of employees are from elsewhere in the EU. ...
Low interest rates put global financial sector at risk, IMF warns image
Source : Guardian [Read Article] Thursday 6th of April 2017 02:30:06 PM
....Life insurers and pension funds would probably need to raise more capital because permanently low interest rates would make it more difficult to make the returns needed to fund existing liabilities taken on when borrowing costs were higher. The IMF said defined-benefit schemes – already under threat in many developed countries – would tend to become less attractive than defined-contribution schemes, where the risk is taken by the employee rather than the employer. ...
Gender pay gap image
Source : BBC [Read Article] Thursday 6th of April 2017 11:50:56 AM
....It won't compare your salary with someone else's. You are already entitled to compare your contract to that of another employee of the opposite sex who is doing similar work under the Equal Pay Act. ...
Gender pay gaps must be declared by UK companies image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:57:09 PM
. UK companies with 250 or more employees will have to publish their gender pay gaps within the next year under a new legal requirement. ...
Speedboat among £5.1m of assets seized in tax fraud investigation image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:53:57 PM
.... Dozens of Dutch taxpayers are under investigation, and coordinated raids have been carried out across Europe and Australia. High-ranking bank employees in Britain, Germany and Australia are under investigation. ...
Deliveroo's verbal gymnastics show commonsense not on the menu image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:29:05 PM
....”. Members of this supposedly happy-go-lucky community do not wear a uniform, as regular employees might at regular delivery companies. ...
From Coke’s flower power to Kendall Jenner’s Pepsi ad – how ads co-opt protest image
.... Hitching its wagon to the environment, or LGBT rights, or feminism, for example, is a way for a brand to look good, which increases consumer loyalty, which makes the brand more money. Kemp says: “Brands such as Unilever are making an impressive investment not just in communicating a message of sustainability but in making a tangible impact on the communities they work within and their employees. ...
Deliveroo accused of 'creating vocabulary' to avoid calling couriers employees image
. Managers at Deliveroo have been given a list of dos and don’ts setting out how to talk to the firm’s food delivery riders, using terms that appear designed to fend off claims that they are employees. ...
Should we legislate against the gender pay gap? image
Source : BBC [Read Article] Wednesday 5th of April 2017 01:25:35 PM
....However, it might do well to look to Iceland, which has come up with a radical plan to get rid of its pay gap completely. A bill was tabled in the country's parliament that would require firms to prove they offer equal pay to employees, or potentially face fines. ...
BMW strikes set to disrupt Mini and Rolls-Royce production image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:39 AM
....“A number of planned meetings have taken place since the start of consultation on the proposed pension changes and the company is disappointed by Unite’s notification of industrial action. “The company has put a number of options on the table to help employees transition to the proposed new pension arrangements and it remains open to negotiation. ...

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