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  • Intel Prepares to Lay Off Thousands

    Intel Prepares to Lay Off Thousands

    Intel is reportedly planning to lay off thousands of workers amid a slump in demand for PCs.

    Since his return, CEO Pat Gelsinger has been working to turn Intel around and bring it back to its former glory. The company has been building new foundries in an effort to attract new business and has been working to close the technological gap with AMD and TSMC.

    The company’s turnaround plans may be taking a hit, however. Bloomberg reports Intel plans mass layoffs, with thousands potentially impacted. The layoffs could be announced as early as later this month when the company announces third-quarter earnings.

    Read more: Intel’s CEO: ‘AMD In the Rearview Mirror…Never Again In the Windshield’

    According to the outlet’s sources, the cuts will especially target sales and marketing, with some departments poised to lose as much as 20% of their staff.

    If the report is true, it’s the latest evidence of an economic downturn and a transition to post-pandemic normalcy. During the peak of the pandemic, computer and electronics makers couldn’t keep up with demand as record numbers of individuals worked from home and needed new computers, tablets, and smartphones to stay connected. As things have returned to normal, however, demand for products and services has dropped across industries.

    Gelsinger warned in August that Intel needed “a bit of austerity” after the company posted a surprising $500 million loss. Even with the warning, however, the layoffs are sure to catch many off-guard.

  • Apple Employees in Australia Prepare to Go On Strike

    Apple Employees in Australia Prepare to Go On Strike

    Apple’s HR problems are increasing, with some of its Australian employees voting to strike after pay and benefits negotiations broke down.

    According to Reuters, 150 of Australia’s 4,000 Apple workers have voted to strike over pay and benefits. The two parties had been negotiating, but failed to reach an agreement. The strike will impact most customer service operations in at least three of the country’s 22 stores.

    “We’ve come to the end of that today and we still aren’t anywhere near a satisfactory agreement, so last night members unanimously endorsed that path,” Josh Cullinan, RAFFWU federal secretary, told Reuters.

    The news comes amid growing challenges for Apple as the company faces increased union pressure. The US National Labor Relations Board recently filed a complaint against the company, accusing it of going too far in combating unionization efforts.

    Should the employees in Australia follow through on their vote, it will be the first strike Apple has faced in that country.

  • Dutch Court: Forcing Workers to Keep Webcams On Is a Human Rights Violation

    Dutch Court: Forcing Workers to Keep Webcams On Is a Human Rights Violation

    A Dutch court has dealt a major blow to corporate surveillance, ruling it is a human rights violation to force employees to keep their webcams on.

    According to TechCrunch, the issue stems with a Florida-based company called Chetu. The company hired a telemarketer based in the Netherlands and demanded the individual leave their webcam on during working hours.

    “I don’t feel comfortable being monitored for 9 hours a day by a camera. This is an invasion of my privacy and makes me feel really uncomfortable. That is the reason why my camera is not on,” the employee said, according to court documents. “You can already monitor all activities on my laptop and I am sharing my screen.”

    Chetu fired the employee in response to their complaint, leading the employee to sue the company. Chetu was ordered to pay the employee’s court fees, back wages, unused vacation days, and a $50,000 fine. The company was also ordered to release the employee from a non-compete clause.

    The case should serve as a warning for US companies doing business and hiring employees overseas. Regardless of how lax employment laws may be in some parts of the US, other jurisdictions often have far more employee-friendly regulations.

  • Amazon to Hire 150,000 Workers for Holiday Season

    Amazon to Hire 150,000 Workers for Holiday Season

    Despite hiring freezes across the industry, Amazon is planning to hire 150,000 workers for the holiday season.

    Amazon has been freezing hiring for a number of departments, including corporate retail and its Global Corporate Affairs Group. The company has also let attrition reduce its headcount by some 100,000.

    With the holiday season approaching, however, Amazon is planning to hire an additional 150,000 workers.

    “We’re proud to offer a wide variety of roles for people of all backgrounds, with more than 150,000 roles available across the country. Whether someone is looking for some extra money for a few months or a long-term career, the holidays are a great time for people to join Amazon, and many of our seasonal employees return year-after-year or transition into full-time roles,” said John Felton, Amazon’s Senior Vice President of Worldwide Operations. “Those who choose to stay with us will find a lot of opportunities to grow their careers, whether they take advantage of our free college tuition programs or seek out promotions across our network—this year alone, more than 20,000 front-line employees received promotions.”

  • Apple Accused of Going too Far to Combat Unionization Efforts

    Apple Accused of Going too Far to Combat Unionization Efforts

    Apple is facing a complaint by the US National Labor Relations Board (NLRB) over allegations it illegally tried to combat unionization efforts.

    Companies in the US are legally prohibited from taking certain steps in their efforts to combat unionization. According to the NLRB, Apple crossed the line in its efforts to discourage employees from unionizing at one if its New York City Stores.

    The complaint accuses Apple of “prohibiting the placement of union flyers on the break room table while permitting nonunion solicitations and distributions,” NLRB spokesperson Kayla Blado told Bloomberg in an email.

    While Apple does have a no solicitation policy at the workplace, the complaint says the company only enforced the policy with pro-union flyers and material.

    This isn’t the first complaint against Apple. The Communications Workers of America (CWA) filed a previous complaint accusing the company of conducting interrogations and forcing employees to listen to anti-union speeches.

    Apple is facing increased pressure from unionization efforts and has even hired a law firm that specializes in anti-union efforts.

    “It is past time for Apple’s senior management to respect its retail employees and stop its unlawful attempts to prevent them from forming unions,” said CWA’s secretary-treasurer, Sara Steffens, according to Bloomberg. “Apple has a choice – does it want to be known for intimidating its workers and creating a culture of fear, or does it want to live up to its stated values and welcome true collaboration with all of its employees – including retail workers.”

  • Amazon Freezes Corporate Retail Hiring for Remainder of 2022

    Amazon Freezes Corporate Retail Hiring for Remainder of 2022

    Amazon is continuing its hiring freezes, pausing hiring in corporate retail for the remainder of 2022.

    Amazon has been working to reduce its headcount as a result of the economic downturn. The company had already prepared to flatten hiring for its Global Corporate Affairs (GCA) group and relied on attrition to reduce its headcount by 100,000 across the company.

    According to The New York Times, the company sent an email to recruiters telling them it was pausing hiring for its corporate retail division. As the Times points out, there were 20,000 such open jobs as recently as Monday.

    Amazon reportedly told recruiters not to describe the situation as a “hiring freeze,” but said all the open jobs should be closed and new jobs will not be posted until next year.

    Candidates that had interviews scheduled before October 15 may be grandfathered in and receive offers if they are a good fit. Even if they are hired, however, they will not start their new jobs until next year.

    “Amazon continues to have a significant number of open roles available across the company,” Brad Glasser, an Amazon spokesman, told the Times in a statement. “We have many different businesses at various stages of evolution, and we expect to keep adjusting our hiring strategies in each of these businesses at various junctures.”

  • Expedia Ends COVID Vaccine Mandate

    Expedia Ends COVID Vaccine Mandate

    Expedia has ended its COVID vaccine mandate, for both employees and visitors to its offices.

    Like many companies, Expedia had a vaccine requirement for those who were visiting or working in the office. As the pandemic has started to wind down, the company has ended the mandate.

    According to GeekWire, Michael Davis Velasco, chief people, inclusion & diversity officer, notified employees via email.

    “We are moving from a pandemic to an endemic phase and are learning to live with the virus,” Velasco wrote. “We are in a different phase of the virus than when we launched the policy. Vaccines, boosters, and treatment options are now widely available and helping to protect people from serious illness.”

  • Amazon Raising Front-Line Worker Pay to an Average of $19 per Hour

    Amazon Raising Front-Line Worker Pay to an Average of $19 per Hour

    Amazon is raising starting pay for front-line workers, paying them an average of $19 per hour at a cost of nearly $1 billion.

    Amazon is spending nearly $1 billion over the next year to raise starting pay for its front-line workers. The company says workers’ starting pay will increase, with employees making anywhere from $16 and $26 per hour, with an average of $19.

    “Front-line employees across customer fulfillment and transportation will now earn, on average, more than $19 per hour in the U.S., and they also have access to a growing range of comprehensive benefits to support themselves and their families,” said John Felton, Amazon’s Senior Vice President of Worldwide Operations. “Continuing to invest in pay, providing easy access to earned wages at any time during the month, and offering great benefits and career advancement opportunities are all part of our long-term efforts to be the best employer in the world.”

    The company is also expanding its employee development program, adding the Amazon Intelligence Initiative. The program will help employees transition to engineering jobs within the company’s AWS cloud business. Individuals enrolled in the program will continue to have full-time employment, complete with benefits and good pay, while they complete their training.

    Amazon is clearly trying to keep employees happy at a time when it is experiencing more pressure than ever from various unionization efforts. The company also enraged employees when it backtracked on raises, blaming a software glitch for the higher packages it initially promised employees.

  • Amazon Backtracks on Pay Raises, Blames Software Bug

    Amazon Backtracks on Pay Raises, Blames Software Bug

    Amazon wants a do-over on employee pay raises, saying a software bug led to artificially high numbers.

    Amazon has been struggling with employee satisfaction for some time, with its attrition rate for its most desirable employees doubling in recent years. The company increased its maximum base salary to $350,000 in February in an effort to keep employees happy, but it may have wiped out any goodwill it generated.

    Unfortunately for the company, its latest raise did not go smoothly, according to Business Insider. Amazon’s software evidently used an older, higher stock price to calculate bonuses, resulting in many corporate employees initially being told they would receive a larger compensation package than intended. The issue especially impacted employees that were recently promoted.

    Rather than honor the initial amount, Amazon sent out an email to managers informing them the packages would be smaller than promised. Having seen both the email and an internal trouble ticket, Insider says as many as 40% of employees promoted this quarter were “impacted by this issue.”

    Needless to say, Amazon’s handling of the debacle is not going over well, with employees accusing the company of nickel-and-diming them. One employee said Amazon was “taking away something that somewhat made us whole.”

    Amazon representative Brad Glasser told Insider the company “identified and immediately corrected an issue with some newly promoted employees’ compensation communications.”

    “We are working with employees to ensure they understand their updated compensation,” Glasser added.

    It’s a safe bet Amazon’s employee morale issues are just beginning.

  • Digital Recruitment Technologies and Trends 2022

    Digital Recruitment Technologies and Trends 2022

    The workplace is continuously changing, and over the past years, a new era in how businesses run and how we work has begun. As a result, there are certain changes in how talent is hired. To close significant skills shortages, recruitment specialists must stay current with hiring trends. 

    The better prepared they are to deal with challenges, hire top talent, and maintain competitiveness in 2022, the more willing they are to reconsider old habits and comprehend contemporary trends. Whether you’re healthcare executive recruiters or insurance recruitment agencies, these trends will help you get on top of the game. 

    Automating the Hiring Process

    Automation and AI will continue to grow in 2022 after a significant increase in the second half of 2021. Task completion is a significant advantage when adding automation into the hiring process. Recruiters can locate, attract, and convert potential candidates into applications with the aid of integrated technology solutions. 

    These resources will aid in accelerating and streamlining the hiring procedure. These tools are being utilized by recruitment agencies frequently. According to a survey, there is a 125% increase in businesses using AI for applicant sourcing, candidate screening, and interview scheduling. This indicates that the practice may continue to rise through 2022.

    Conducting Virtual Interviews

    As a result of the COVID-19 outbreak, employers were looking for fresh approaches to hiring. As technology advances, recruiters are focusing on virtual meetings as part of the hiring process. There is no longer a geographic restriction, as there was in the past. Today, the majority of businesses use and support remote work, and hiring practices are no exception. 

    On the other hand, virtual recruitment is advantageous to both job seekers and companies, and this development is likely to persist in the foreseeable future.

    Using Social media 

    The most likely demographics to use social media to look for new jobs are millennials and Gen Z. The employment process is made simpler for the brand when it has a strong online presence. Social media aids in the dissemination of information about job openings and gives potential candidates a peek into corporate culture. These days, employer branding is essential.

    It has been demonstrated that today’s job candidates consider factors other than pay, and a strong brand will draw in top talent. Social media profiles now serve as the business’s public face.

    Using Chatbots 

    14 hours per week are lost by recruiters to manual labor. One such responsibility is responding to candidates’ fundamental inquiries. Additionally, if there isn’t any reply within two weeks, half of the candidates give up.

    AI chatbots are useful in this situation since recruiters’ hands are typically full. By answering all the fundamental questions just like people, chatbots with natural language processing (NLP) and machine learning (ML) save time for both the candidates and HR. 

    Additionally, it improves the candidate experience by speeding up the process. According to a poll, 23% of businesses already employ chatbots, and that number is expected to rise in 2022.

    Scanning Resumes With AI 

    A business job posting typically receives hundreds of resumes. Even if it just takes one minute to swiftly review one resume, it would still take more than two hours to go through all of the resumes. Next comes setting up interviews, following up, and creating offer letters (don’t even get us started on the counter offers). Any resume screening program can aid in shortening this stage.

    Software used for resume screening scans resumes and shortlists the best applicants. Advanced software using AI, ML, and NLP tracks common criteria including educational background, skills, work experience, and personality qualities using potent algorithms. This trend of employing AI in scanning resumes is expected to increase in 2022.

  • Google CEO Under Fire by Employees Upset at Being ‘Nickel-and-Dimed’

    Google CEO Under Fire by Employees Upset at Being ‘Nickel-and-Dimed’

    Google CEO Sundar Pichai faced the ire of Google employees over the company’s cost-saving measures.

    Like many companies in the tech industry, Google has been slowing hiring, cutting costs, and has left the door open to layoffs over economic fears. According to CNBC, employees are not impressed with the company’s actions and made that clear to Pichai in an all-hands meeting this week.

    One of the more popular questions Pichai was asked was why the company is “nickel-and-diming” employees when “Google has record profits and huge cash reserves.” The “nickel-and-diming” was a reference to the company cutting travel, swag, and entertainment budgets.

    “How do I say it?” Pichai responded. “Look, I hope all of you are reading the news, externally. The fact that you know, we are being a bit more responsible through one of the toughest macroeconomic conditions underway in the past decade, I think it’s important that as a company, we pull together to get through moments like this.”

    Pichai later doubled down on his response, making the point that more money isn’t always needed to have fun.

    “I remember when Google was small and scrappy,” he added. “Fun didn’t always — we shouldn’t always equate fun with money. I think you can walk into a hard-working startup and people may be having fun and it shouldn’t always equate to money.”

    Despite Pichai’s responses, CNBC says the meeting was rather heated. The CEO didn’t help his case when he dodged questions about trimming executive compensation as a way to cut costs, showing that employees clearly believe they’re being asked to make sacrifices that executives are immune to.

  • Microsoft: Leaders Have Hybrid Work ‘Productivity Paranoia’

    Microsoft: Leaders Have Hybrid Work ‘Productivity Paranoia’

    Microsoft has released a new survey on the state of hybrid work, finding a major issue with trust among corporate leaders.

    Companies are pushing for employees to return to the office after more than two years of pandemic-fueled remote and hybrid work. According to Microsoft, part of that push may be driven by “productivity paranoia” as leaders distrust how much their employees are working:

    85% of leaders say the shift to hybrid work has made it challenging to have confidence that employees are being productive.

    “Many leaders and managers are missing the old visual cues of what it means to be productive because they can’t ‘see’ who is hard at work by walking down the hall or past the conference room,” writes Microsoft. “Indeed, compared to in-person managers, hybrid managers are more likely to say they struggle to trust their employees to do their best work (49% vs. 36%) and report that they have less visibility into the work their employees do (54% vs. 38%). And as employees feel the pressure to ‘prove’ they’re working, digital overwhelm is soaring.”

    Read More: Marc Andreessen: Remote Work Is ‘Potentially an Earthquake…Turning Point for Society’

    Interestingly, the lack of trust leaders feel is not based on facts but rather on a changing status quo. For example, according to Microsoft, people are working more now than ever before. Some 87% of employees report being productive at work, and Microsoft’s own Microsoft 365 productivity markers continue to climb.

    In addition, the company survey found that weekly meetings have jumped 153% globally, while overlapping meetings have jumped 46%. As a result, a whopping 42% of users multitask during meetings, using the opportunity to send out emails and communicate with others.

    As a result of the disparity between what employees are doing versus what leaders think they’re doing, Microsoft makes a strong statement about the future of hybrid work:

    Productivity paranoia risks making hybrid work unsustainable. Leaders need to pivot from worrying about whether their people are working enough to helping them focus on the work that’s most important.

    Microsoft’s survey is clear: Based on the numbers, hybrid work is working. Employees are doing their jobs and working harder than ever. What’s more, according to a survey commissioned by DoorDash, remote and hybrid work is a big factor in Americans “living the dream.”

    It would seem the biggest impediment to successful hybrid work is not the employees but the leaders within a company. Hopefully, more will take note of Microsoft’s research and put an end to “productivity paranoia.”

  • Amazon Continues Its Reign as Top MBA Grad Recruiter for Seventh Year

    Amazon Continues Its Reign as Top MBA Grad Recruiter for Seventh Year

    The latest data shows Amazon is the top recruiter of MBA grads for the seventh year in a row, beating out the rest of Big Tech and traditional industries.

    Amazon is the largest e-commerce platform in the world and the top cloud provider with its AWS division. While it’s not surprising that it attracts top talent, the company manages to do more than that, maintaining its status as THE top MBA recruiter for seven years running, according to OnlineU.

    In order to maintain its top spot, Amazon has beat out the likes of Apple, Cisco, Google, Microsoft, and other Big Tech companies. Amazon has also bested financial and consulting companies, traditionally strong contenders.

    Much of Amazon’s appetite for MBA grads can be chalked up to its rapidly growing and diverse business interests. The company dominates numerous industries, generating a need for top talent to help it continue growing, innovating, and fending off rivals.

    OnlineU makes the case that MBA grads have a world of opportunities available to them.

    Now more than ever, MBA graduates have a wide range of choices as to where they’ll end up. Industries beyond finance are opening their doors to MBA graduates in the hope their business acumen will help the company’s bottom line.

    The tech industry is no exception. Amazon in particular is clearly hungry for workers with business experience, so it’s certainly a viable option for those with a graduate degree.

  • Google Cloud Will Reportedly Unfreeze Hiring by October

    Google Cloud Will Reportedly Unfreeze Hiring by October

    Google Cloud will reportedly unfreeze hiring by October amid an industry-wide hiring freeze and layoffs.

    According to Business Insider, Brad Calder, Google Cloud’s vice president of technical infrastructure, sent a memo to employees to inform them of the change. Calder said the company was unfreezing hiring “for a few areas.”

    “We plan to complete this process by the start of October,” he added.

    At the same time, Calder said leadership will provide employees “clearer prioritization across our top priorities” for the coming year.

    “We have too many Code Yellows and Purples, too many Horizontals, and we have some key programs where the requirements won’t be figured out until we get deeper into understanding them,” he wrote.

    According to Insider, “Code Yellow” is a problem severe enough that it could result in outages over the next quarter, while “Code Purple” issues could escalate to Code Yellow within the next year if not fixed.

    Google CEO Thomas Kurian has made it clear he wants to leap-frog Microsoft to become the number two cloud provider in the US within the next few years. The company has made impressive headway and is popular among developers.

    A long-term hiring freeze could have severely impacted Kurian’s plans, depriving the company of the talent it needs to continue taking on its larger rivals. Unfreezing hiring is likely a smart move to help the company continue its current growth.

  • The ‘Great Resignation’ Is Taking a Major Toll and Changing the Workplace

    The ‘Great Resignation’ Is Taking a Major Toll and Changing the Workplace

    The “Great Resignation” continues to take a major toll on companies and their return-to-office (RTO) plans but is benefiting a key demographic.

    Companies have been dealing with the Great Resignation since early 2021. Many employees’ view of work was forever changed as a result of the pandemic and the realization their jobs could be done remotely just as well. A new report by A.Team and MassChallenge is shedding light on just how disruptive the Great Resignation has been.

    According to the report, “44% of tech founders & execs say that a significant number of their top performers have exited due to the Great Resignation.” To make matters worse, 67% say traditional hiring methods don’t work, and 62% say it takes an average of four months or more to hire top talent, especially in product and engineering.

    Despite the challenges the Great Resignation is causing, freelancers are one demographic that is benefiting as companies increasingly rely on them to fill in the gaps. In fact, 73% of tech companies now report blended teams consisting of full-time employees and freelancers. What’s more, 71% say that freelancers help their business be more agile, especially in the face of economic uncertainty.

    Failure to Fully Embrace Remote Work

    Interestingly, despite recognizing the benefits of flexible and remote work, many companies are still eager to return to the status quo.

    The report shows that 62% of companies surveyed believe they are seeing better results from a flexible work model, yet 37% want to increase the amount of time employees spend in the office. The number is even higher among more established Series B, C, D, E and public companies, reaching 55%.

    It’s a safe bet that as long as companies continue pushing for a return to the pre-pandemic status quo, the Great Resignation will continue. In other words, companies’ insistence on returning to normal will likely end up destroying the very “normal” they’re trying to achieve.

  • Burnout, Dissatisfaction, and Employee Engagement in the Workplace

    Burnout, Dissatisfaction, and Employee Engagement in the Workplace

    From the great resignation to quiet quitting, it seems that more and more employees around the world are throwing in the towel. Whether it’s from burnout, boredom, or not enough financial compensation for the time they spend at work, more people than seemingly ever before are reporting low engagement with their jobs.

    High employee engagement is vital for productivity, with companies that report an above-average level of engagement coming in with 22% higher productivity across all departments. Yet, as more and more are expected of workers without further financial compensation, many are doing the bare minimum at work just to get by.

    Over the past year, 77% of workers have reported feeling burnt out at work, with this only looking worse over the next few months. But, what exactly is going on in the world of work that’s caused such widespread dissatisfaction?

    In this article, we’ll explore employee engagement, documenting its decline, marking the main signs of burnout, and touching upon how you can increase job satisfaction at work. Let’s get right into it.

     

    Why Is Employee Engagement Decreasing?

    Across the world, inflation is reaching peak figures, with the USA currently reporting an inflation rate of 8.6%. Employees that have been working for the past year without any form of raise to compensate for inflation are now doing exactly the same job for 8.5% less purchasing power. With the cost of goods and services on the rise, this leads to resentment, with employees deserving more for their work.

    This isn’t to mention the vast difference between CEO pay increases and minimum wage increases over the last 50 or so years. The pay increase of an average worker grew by 18% between 1978 and 2020. When you compare this to the CEO pay increase, which clocked in at 1,322%, you can instantly see that those earning the most have enormously benefited, while the vast majority have been left behind.

    Alongside the unfair financial structures in place, employees are also expected to be available almost around the clock. While a job is often advertised as 9-5, this is now rarely the case, with workers having to be on call or available after hours to keep up with deadlines. Especially considering the ease of connecting into work emails and instant messaging via a mobile phone, it’s almost impossible for modern employees to totally disconnect from work.

    With all of this considered, it’s unsurprising that employee engagement is decreasing. People are expected to work more for less money all while having fewer prospects than those they’re working for. The average American corporate worker has a tough deal, with many rebelling against this by mentally clocking out from work.

    What Are the Signs Of Employee Burnout?

    ●  Decreased Output – While everyone goes through peaks and troughs of how much work they can produce in any given week, a noticeable drop-off could be a sign that an employee is starting to feel burnt out at work.

    ●  Disengagement – A classic sign is a lack of enthusiasm or interest in the workplace, ongoing projects, or new developments in your field.

    ●  Emotional or physical exhaustion – Often, the first signs that show up are physical, mental, and emotional tiredness. As employees pull late nights to finish more work, they’ll slowly become more and more tired, leading to physical and emotional burnout.

    ●  Isolation – If employees rarely communicate with the team, they might have already reached the end of their cord in terms of how much energy they are putting into their work.

    ●  Sensitivity To Feedback – If an employee is feeling an immense amount of pressure at work, then feedback can often feel like a direct attack on them. Increased sensitivity to feedback could be an indication that the employee is currently struggling.

    If you begin to spot these characteristics within members of your team, then you should assess how much work they’re currently taking on. Although there is no instant fix to burnout, reducing the workload of that person can often help alleviate a lot of their problems and give them more time to focus on recovering their spark.

    What Can Employers Do About Employee Dissatisfaction at Work?

    Alongside lowering the number of tasks that you’re setting for employees, there are a range of ways that you can actively combat dissatisfaction at work and reduce the likelihood of burnout.

    There are three common tactics that you should attempt to incorporate into your business structure:

    ●  Communication – In your business, you should have an all-in-one HR platform that allows you to communicate and track your employees. Having this centralized location where employees can discuss their workload, their current mood, and how they’re coping with work can be a wonderful way of helping them to offload pressure. Whenever an employee is starting to struggle, a supportive HR team can help them get to the root of their issue, either delegating the work to more people or restructuring the task. Communication is the absolute best tool to help with dissatisfaction, and one that can preemptively put a stop to workplace burnout.

    ●  New Tools – As the workplace becomes even more advanced and driven by technology, looking into B2B or SaaS solutions that benefit your business can be a fantastic way of lessening the load you place on your employees. Are there any tools that could automate a time-consuming part of their job? Talk to your team and see where they could use some extra technical support.

    ●  Compensation – When push comes to shove, a bonus or raise is one of the most effective ways of improving the mood of any employee. This could be the extra push they need to reignite their passion for the role.

    Using one or a combination of these three tactics will help to increase workplace satisfaction and keep your employees engaged while at work.

    Final Thoughts

    With the current economic crisis facing the majority of countries around the world, this era of workplace burnout is, unfortunately, only just beginning. But, as economic hardships increase, HR teams and managers can work to make their workplace as positive as possible.

    To best support your team, focus on creating a workplace that facilitates easy communication. The ability to speak about feeling burnt out without shame or repercussions is vital when constructing a healthy work environment. Alongside this, focusing on incorporating HR structures that help employees at work can go a long way.

    If all else fails, seriously consider the financial side of your business – as inflation continues to get worse, a blanket raise is a phenomenal way of keeping the peace.

  • How Businesses Are Helping Employees Repay Student Loans

    How Businesses Are Helping Employees Repay Student Loans

    When you have a growing list of other financial obligations, it can be challenging to balance student loan payments. However, some businesses are going the extra mile to provide assistance. 

    According to figures from the Federal Reserve, the total amount of student loan debt in the United States has risen to an all-time high of $1.75 trillion. In answer to this, employers are increasingly providing aid as American workers find it harder and harder to make their student loan payments.

    What Has Changed in the Field of Student Loan Benefits

    A recent poll found that only a small percentage of businesses were giving help with repaying private student loans as a bonus. However, recent changes have brought to light just how much student debt affects regular Americans. A provision to halt payments, interest charges, and collections on federal student loans held by the Department of Education was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act when it was passed in March 2020.

    The CARES Act also allowed companies to exempt up to $5,250 in annual student loan payment help from their employees’ income and offer it to their workers. The Consolidated Appropriations Act put an extension on that clause’s deadline from the end of 2020 to 2025.

    In response, a recent study found that the proportion of employers providing student debt repayment aid as a benefit has more than doubled. Furthermore, there are more companies planning to do so.

    Here are some innovative strategies employers use to show you how businesses are assisting their workers.

    1. Allowing staff to exchange unused vacation time for payments on student loans.

    Staff members carry over unused paid time off (PTO) each year. Under this program, employees are able to convert a certain number of hours of carryover PTO into a student loan payment. Some employees pay off as much as $1000 or $2000 a year on such a program. 

    2. Offering a signing bonus that can be used to pay off student loan debt.

    In addition to this signing bonus, some companies offer a second incentive for the same purpose once employees have worked for the company for five years.

    3. Linking 401(k) contributions to student loan payments

    Paying off student loans has greatly hampered the ability of recent college graduates to save for retirement. A recent study found that 73% of student loan borrowers aren’t making the most of their retirement resources. Some companies are providing a solution to this problem

    More specifically, companies provide a 5% contribution to each employee’s retirement plan, provided that the employee makes student loan payments equivalent to or greater than 2% of their qualified earnings.

    Furthermore, employees are not required to make retirement plan contributions in order to receive the matching contribution. Even the IRS grants special authorization to provide the benefit.

    4. Providing student loan payments.

    There are private banks and asset management companies introducing their initiatives to help with student loan repayment. These organizations provide monthly payment perks like other private employers do, however, they are not limited to recent college graduates. These banks also provide aid to parents who got student loans to pay for their children’s education.

    These employees receive a monthly amount to put toward their school loans during their first year of employment, whether they are a parent, graduate, or undergraduate. This amount increases each year until the loan is repaid.  

    5. Exchanging student loan payments for company stock.

    Employees with a certain number of years of employment could be made eligible for company stock awards each year, which they could sell to pay off student loans. 

    Conclusions

    These and other programs are part of a growing trend of businesses helping employees pay off student debt. As these businesses become more creative and innovative, it’s likely that in the future, job-seekers may see this as one of the most important benefits to look for in a company. 

  • Patreon Layoffs Continue With 80 Individuals Impacted

    Patreon Layoffs Continue With 80 Individuals Impacted

    On the heels of news Patreon laid off its internal security staff, the company is laying off 17% of its employees, or 80 individuals.

    CEO Jack Conte made the announcement in a letter to employees, saying the company would lay off 80 of its staff.

    Hi team – I have some difficult news. Today we will lay off 80 Patreon teammates from our Go-to-Market, Operations, Finance, and People teams, with roughly 17% of our team leaving the company.

    Like many companies, Patreon’s short-term business plans were based on the assumption that pandemic-fueled growth would continue unabated, only to see that plan become obsolete as the economy slowed.

    The pandemic introduced volatility to the broader trend, starting with a rapid acceleration during COVID lockdowns. In response, we built an operating plan to support this outsized growth, but as the world began recovering from the pandemic and enduring a broader economic slowdown, that plan is no longer the right path forward for Patreon. I take full responsibility for choosing that original path forward, and for the changes today, which will be very difficult for our team.

    Conte reiterated his belief in the creator economy and Patron’s commitment to supporting creators.

    In fact, I’m more confident than ever that the world needs a better economic system for creative people, and Patreon will keep building that system for creators over the decades ahead.

    The company will be closing its Dublin and Berlin offices as part of the downsizing, as well as consolidating its engineering teams in the US. Patreon is offering its nine engineering employees in Dublin relocation packages if they want to move to the US and continue working for the company.

    The Berlin staff were not so lucky, as most of those employees were in the Sales and Marketing department, which the company is downsizing.

  • Apple May Fire Employee for Helping a Customer

    Apple May Fire Employee for Helping a Customer

    Apple isn’t winning any popularity contests by threatening to fire an employee for helping a customer.

    According to The Mac Observer (TMO), an Apple customer posted a TikTok video asking for help in dealing with a stolen iPhone. The user had tracked the phone to China, but the thieves were trying to extort the victim into removing the phone from her iCloud account under threat of her personal information being released publicly. As anyone who has sold a used iPhone knows, it’s important to remove a phone from one’s iCloud account so the new owner can set it up properly.

    An Apple engineer, Paris Campbell, saw the video and posted one of her own, encouraging the victim not to give in to the thief’s demands. Instead, she pointed out that her data was protected as long as she didn’t give the perpetrators what they wanted.

    In the course of the video, Campbell did not explicitly say she worked for Apple, only saying she was “a certified hardware engineer for a certain company that likes to talk about fruit.” Even that measure may not have been entirely necessary, as Apple’s rules do not prohibit its employees from identifying what company they work for.

    Despite her precautions, and despite the positive response to her video, Campbell was told by her manager that she must take the video down or face disciplinary action, as the company’s social media policies prohibit revealing confidential information or posting anything about employees or customers.. The disciplinary action could include losing her job.

    As TMO points out, Campbell did absolutely nothing to make Apple look bad. In fact, the argument could be made that Campbell was a prime example of a good employee, one that went out of her way to help a customer on her own time.

    Instead, the only one that comes off looking bad is Apple itself. Campbell should be getting recognition, not threats, for going above and beyond to assist the company’s customers.

    So much for Apple ‘Thinking Different.’

  • Layoffs Possible As Google CEO Wants ‘Company 20% More Productive’

    Layoffs Possible As Google CEO Wants ‘Company 20% More Productive’

    Google employees could face layoffs in the near future if recent remarks by CEO Sundar Pichai are any indication.

    Like other companies, Google has been adapting to a changing economy. The company has already scaled back hiring and taken other measures to improve efficiency, including Pichai asking employees to be more productive and look for ways to “stay entrepreneurial.”

    According to CNBC, Pichai is shedding light on some of the challenges Google is facing, as well as some of the possible solutions.

    “The more we try to understand the macroeconomic, we feel very uncertain about it,” Pichai said Tuesday at the Code Conference in Los Angeles. “The macroeconomic performance is correlated to ad spend, consumer spend and so on,” he added.

    “We want to make sure as a company, when you have fewer resources than before, you are prioritizing all the right things to be working on and your employees are really productive that they can actually have impact on the things they’re working on so that’s what we are spending our time on.”

    When pressed for specifics by host Kara Swisher, Pichai seemed to take aim at Google’s growing bureaucracy, which has been blamed for slower decision-making.

    “Across everything we do, we can be slower to make decisions,” Pichai. “You look at it end-to-end and figure out how to make the company 20% more productive.”

    “Sometimes there are areas to make progress [where] you have three people making decisions, understanding that and bringing it down to two or one improves efficiency by 20%,” he added.

    Pichai’s response is one of the strongest indications yet that Google may join other Big Tech companies in laying off workers.

  • Amazon Loses Bid to Overturn NYC Employee Union Vote

    Amazon Loses Bid to Overturn NYC Employee Union Vote

    Amazon’s anti-union efforts have been dealt a major blow, with the company losing a bid to overturn a vote by its employees to unionize.

    Workers at the Staten Island, N.Y voted to unionize and join the Amazon Labor Union (ALU), but Amazon filed an appeal, requesting the vote be re-taken. According to NPR, a federal labor official with the National Labor Relations Board (NLRB) has rejected Amazon’s appeal in its entirety, ruling that the union should be certified.

    ALU president Chris Smalls celebrated the news in a tweet:

    The NLRB ruling is a significant setback for Amazon, a company that is notoriously anti-union. The company has aggressively pushed back against union efforts, even to the point of making its own investors uncomfortable. Amazon has also hired Pinkerton detectives to monitor organizing efforts on the part of its employees.

    With the Staten Island precedent, Amazon will likely face much wider unionization efforts.