Tag #Labour Market

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thetimes.com

🌐 75% Global Worthiness

May 23, 10:12

Positive Employee Perception Drives Recruitment Success: 2025 Best Places to Work Survey

The 2025 Sunday Times Best Places to Work survey identified 528 UK companies with high employee engagement, revealing Iceland's job applications increased dramatically after its 2024 inclusion, demonstrating a link between positive employee perception and recruitment success.

Positive Employee Perception Drives Recruitment Success: 2025 Best Places to Work Survey

The 2025 Sunday Times Best Places to Work survey identified 528 UK companies with high employee engagement, revealing Iceland's job applications increased dramatically after its 2024 inclusion, demonstrating a link between positive employee perception and recruitment success.

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Decent Work and Economic Growth

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What are the long-term implications of the growing trend towards prioritizing employee well-being and workplace culture in attracting and retaining talent?

The rising interest in companies recognized for positive work environments, exemplified by Iceland's surge in applications, points towards a future where employee well-being and workplace culture are primary factors influencing job choices. This trend underscores the increasing importance of employer branding initiatives focused on employee satisfaction.

kathimerini.gr

🌐 65% Global Worthiness

May 23, 01:12

Uneven Wage Growth in Greece: Reaching €1,500 Average Wage by 2027 Faces Challenges

Greek private sector wages rose in August 2024: 3% in large firms (€1,457.41 average gross monthly wage) and 4% in small firms (€1,032.14), but 22% of employees work part-time for €582. Achieving a €1,500 average wage by 2027 faces challenges due to slow GDP recovery.

Uneven Wage Growth in Greece: Reaching €1,500 Average Wage by 2027 Faces Challenges

Greek private sector wages rose in August 2024: 3% in large firms (€1,457.41 average gross monthly wage) and 4% in small firms (€1,032.14), but 22% of employees work part-time for €582. Achieving a €1,500 average wage by 2027 faces challenges due to slow GDP recovery.

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Decent Work and Economic Growth

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How do wage increases in large versus small Greek firms reflect broader economic trends and inequalities?

The uneven wage growth reflects broader economic imbalances in Greece. While the average gross wage for full-time employees in August 2024 reached €1,365.81, 22% of private sector employees (over 630,000) worked part-time, earning an average of €582 gross monthly. This highlights the challenges in achieving a €1,500 average wage by 2027.

forbes.com

🌐 85% Global Worthiness

May 22, 19:12

Workday's Skills-Based Transformation: Measurable Results and Best Practices

Workday's three-year transition to a skills-based organization, using AI and manager feedback, resulted in a 42% higher internal transfer rate, 33% lower attrition among gig program participants, 15% faster hiring, and 8% higher offer acceptance rates.

Workday's Skills-Based Transformation: Measurable Results and Best Practices

Workday's three-year transition to a skills-based organization, using AI and manager feedback, resulted in a 42% higher internal transfer rate, 33% lower attrition among gig program participants, 15% faster hiring, and 8% higher offer acceptance rates.

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Decent Work and Economic Growth

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How did Workday's use of AI and data-driven insights facilitate its transition to a skills-based model, and what were the key steps in this process?

Workday's skills-based approach, driven by AI and data-driven insights, is directly linked to improved business outcomes. By focusing on solving problems through skills development and internal mobility, Workday achieved a 15% decrease in time-to-fill and an 8% increase in offer acceptance rates across nearly 900 hires in the last six months. This demonstrates a clear connection between skills-based strategies and enhanced recruitment efficiency.

forbes.com

🌐 85% Global Worthiness

May 22, 22:11

Side Hustles: No Longer a Luxury, but Career Insurance in 2025

Amidst rising layoffs in 2025 (1200+ companies, tens of thousands of jobs lost), business leaders strongly advise all professionals to pursue side hustles not merely for supplemental income, but as essential career insurance in an increasingly unstable job market.

Side Hustles: No Longer a Luxury, but Career Insurance in 2025

Amidst rising layoffs in 2025 (1200+ companies, tens of thousands of jobs lost), business leaders strongly advise all professionals to pursue side hustles not merely for supplemental income, but as essential career insurance in an increasingly unstable job market.

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Decent Work and Economic Growth

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How does the pursuit of a side hustle contribute to career resilience and adaptation in a volatile job market?

The rising job insecurity, fueled by economic uncertainty and technological advancements, necessitates a shift towards a more dynamic workforce. A side hustle acts as a safety net, offering financial stability and career flexibility in an increasingly fluid job market, enabling professionals to adapt to changing circumstances and maintain control over their careers. This is not limited to younger generations; executives are also preparing "soft landing strategies".

theglobeandmail.com

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May 22, 13:11

Canada Faces Long-Term Care Staffing Crisis

A Canadian Institute for Health Information report reveals a decline in long-term care healthcare providers since 2021, necessitating increased overtime and agency staffing, impacting care quality and highlighting systemic issues.

Canada Faces Long-Term Care Staffing Crisis

A Canadian Institute for Health Information report reveals a decline in long-term care healthcare providers since 2021, necessitating increased overtime and agency staffing, impacting care quality and highlighting systemic issues.

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Good Health and Well-being

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How have the pandemic and pre-existing systemic issues in long-term care contributed to the current staffing crisis?

The decrease in healthcare providers is linked to poor working conditions, long hours, and lower wages in long-term care, exacerbated by the COVID-19 pandemic's impact. The increased reliance on overtime and agency staff, though temporarily filling gaps, is unsustainable and negatively impacts care quality and continuity. Over half of Canadian healthcare job vacancies in 2023 were in long-term care.

smh.com.au

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May 22, 22:11

Micro-credential Program Boosts Western Sydney Airport Workforce

Cindy Wang, a full-time mother and part-time graphic designer, enrolled in a new micro-credential program for aviation operations at Western Sydney International Airport, launching Thursday to prepare for the airport's late 2026 opening, aiming to create 24,000 direct jobs by 2041.

Micro-credential Program Boosts Western Sydney Airport Workforce

Cindy Wang, a full-time mother and part-time graphic designer, enrolled in a new micro-credential program for aviation operations at Western Sydney International Airport, launching Thursday to prepare for the airport's late 2026 opening, aiming to create 24,000 direct jobs by 2041.

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Decent Work and Economic Growth

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What is the immediate impact of the new aviation operations micro-credential program on Western Sydney International Airport's workforce development?

Cindy Wang, a full-time mother and part-time graphic designer, enrolled in a new aviation operations micro-credential program at Western Sydney International Airport. This program, launched on Thursday, aims to boost the airport's workforce before its opening in late 2026. Wang, one of the first to enroll, hopes to transition from her 15-year graphic design career to a role in aviation.

theglobeandmail.com

🌐 75% Global Worthiness

May 23, 22:09

CRA Cuts 280 Permanent Jobs Amidst Federal Austerity

The Canada Revenue Agency is cutting up to 280 permanent positions, mainly in the National Capital Region, due to budget constraints, following the non-renewal of over 1,000 term contracts since 2024, resulting in over 3,000 job losses and concerns about service delivery.

CRA Cuts 280 Permanent Jobs Amidst Federal Austerity

The Canada Revenue Agency is cutting up to 280 permanent positions, mainly in the National Capital Region, due to budget constraints, following the non-renewal of over 1,000 term contracts since 2024, resulting in over 3,000 job losses and concerns about service delivery.

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What is the immediate impact of the CRA's workforce reduction on its operations and service delivery?

The Canada Revenue Agency (CRA) is cutting up to 280 permanent positions, primarily in the National Capital Region, due to fiscal constraints. This follows the recent non-renewal of over 1,000 term contracts and brings the total job losses since 2024 to over 3,000. The CRA states that unlike previous workforce reductions, no guaranteed alternative employment will be offered.

elpais.com

🌐 65% Global Worthiness

May 23, 07:12

Mexico's 2025 PTU Payment Deadline and Penalties

Mexican companies must pay employee profit-sharing (PTU) by May 30 (companies) or June 29 (individuals) in 2025; failure to pay results in fines up to 565,700 pesos, while PTU is taxable if exceeding 4,182 pesos.

Mexico's 2025 PTU Payment Deadline and Penalties

Mexican companies must pay employee profit-sharing (PTU) by May 30 (companies) or June 29 (individuals) in 2025; failure to pay results in fines up to 565,700 pesos, while PTU is taxable if exceeding 4,182 pesos.

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How is the PTU calculated in Mexico, and who is eligible to receive it?

Mexican law mandates PTU payments, a constitutional right stemming from Article 123, ensuring workers share in company profits. The payment is calculated based on a 10% share of net profits, distributed equally among employees and proportionally based on individual salaries. PTU is taxable if it exceeds 4,182 pesos.

forbes.com

🌐 85% Global Worthiness

May 22, 22:11

Declining Employer Trust: Financial and Cultural Impacts

The Edelman Trust Barometer 2025 reveals a significant decline in global employer-employee trust, with 25% of Americans distrusting their bosses; unmet employee expectations lead to increased attrition (costing a 5,000-person company \$16.9 million annually), decreased productivity, and damaged orga...

Declining Employer Trust: Financial and Cultural Impacts

The Edelman Trust Barometer 2025 reveals a significant decline in global employer-employee trust, with 25% of Americans distrusting their bosses; unmet employee expectations lead to increased attrition (costing a 5,000-person company \$16.9 million annually), decreased productivity, and damaged orga...

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What long-term strategic implications does a breakdown in psychological contracts have on a company's culture, recruitment, and overall competitiveness?

The long-term effects of poor psychological contract management extend beyond immediate financial costs. Damaged organizational culture, resulting from broken trust, impacts future recruitment efforts, limiting the talent pool and potentially impacting the organization's long-term competitiveness and innovation capacity. Investing in transparent communication and proactive management of employee expectations is crucial for long-term success.

arabic.cnn.com

🌐 85% Global Worthiness

May 22, 13:11

Overwork Linked to Brain Structural Changes: South Korean Study

A South Korean study of 110 healthcare workers found that those working 52+ hours weekly showed significant brain structural changes in areas related to executive function and emotion regulation, compared to a control group; the changes may be partially reversible with reduced workload.

Overwork Linked to Brain Structural Changes: South Korean Study

A South Korean study of 110 healthcare workers found that those working 52+ hours weekly showed significant brain structural changes in areas related to executive function and emotion regulation, compared to a control group; the changes may be partially reversible with reduced workload.

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Good Health and Well-being

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What specific brain regions show structural changes in individuals working excessive hours, and what cognitive functions are affected?

A new study reveals that excessive working hours may cause structural brain changes, particularly impacting areas linked to executive functions and emotion regulation. Researchers in South Korea compared 32 healthcare workers averaging more than 52 hours per week to a control group, finding significant brain volume differences using MRI scans.

zeit.de

🌐 75% Global Worthiness

May 22, 16:14

Saxony-Anhalt Auto Suppliers Diversify Amidst Industry Transformation

Facing declining combustion engine vehicle sales, Saxony-Anhalt's 25,500-strong auto supplier industry is diversifying into sectors like defense, grappling with high energy costs and competition while seeking government support to avoid widespread job losses.

Saxony-Anhalt Auto Suppliers Diversify Amidst Industry Transformation

Facing declining combustion engine vehicle sales, Saxony-Anhalt's 25,500-strong auto supplier industry is diversifying into sectors like defense, grappling with high energy costs and competition while seeking government support to avoid widespread job losses.

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What are the immediate economic consequences of the automotive industry's transformation in Saxony-Anhalt, and how many jobs are directly affected?

Auto supplier companies in Saxony-Anhalt are increasingly seeking diversification due to the automotive industry's transformation, impacting 25,500 jobs, which are expected to decrease in the coming years.

theglobeandmail.com

🌐 75% Global Worthiness

May 22, 01:10

Canada Post Offers New Contract, Rejects Union's Bargaining Pause Request

Canada Post presented a new contract to the Canadian Union of Postal Workers (CUPW) on Wednesday, offering a 13.59 percent wage increase over four years but rejecting a requested pause in negotiations before a potential strike by more than 55,000 postal workers on Friday; key disagreements remain ov...

Canada Post Offers New Contract, Rejects Union's Bargaining Pause Request

Canada Post presented a new contract to the Canadian Union of Postal Workers (CUPW) on Wednesday, offering a 13.59 percent wage increase over four years but rejecting a requested pause in negotiations before a potential strike by more than 55,000 postal workers on Friday; key disagreements remain ov...

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What is the immediate impact of Canada Post's contract offer on the potential strike by 55,000 postal workers?

Canada Post offered a new contract to its union, including a 13.59 percent wage increase over four years, but rejected a two-week pause for review. The offer, presented just days before a potential strike, includes a 6 percent wage increase in the first year and six additional paid personal days. The union expressed openness to a delay, but Canada Post refused, stating further delays are not in anyone's best interest.

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