Tag #Labour Market

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forbes.com

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Mar 19, 16:10

OxBlue's Five-Step Onboarding Process Improves Employee Retention and Productivity

OxBlue Corporation, an award-winning Atlanta workplace, combats high employee turnover with a five-step onboarding process: pre-Day 1 preparation, positive Day 1 experiences, structured introductions, continuous learning, and milestone celebrations, resulting in improved retention and productivity.

OxBlue's Five-Step Onboarding Process Improves Employee Retention and Productivity

OxBlue Corporation, an award-winning Atlanta workplace, combats high employee turnover with a five-step onboarding process: pre-Day 1 preparation, positive Day 1 experiences, structured introductions, continuous learning, and milestone celebrations, resulting in improved retention and productivity.

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What are the key financial and operational consequences of ineffective employee onboarding?

Gallup reports that only 12% of employees strongly agree their organization does a great job onboarding new hires, yet effective onboarding improves retention by 82% and productivity by over 70%. Conversely, poor onboarding is costly; 20% of new hires leave within 45 days, and about a third leave within 90 days, disrupting teams and increasing recruitment costs.

elpais.com

🌐 85% Global Worthiness

Mar 19, 07:13

DJI Implements 9 PM Office Departure Policy to Curb Overtime

DJI, a leading Chinese drone maker, implemented a 9 PM office departure policy in late February to combat excessive overtime, reflecting a broader government push for work-life balance amidst concerns over burnout and declining birth rates fueled by the "996" work culture and the "neijuan" mentality...

DJI Implements 9 PM Office Departure Policy to Curb Overtime

DJI, a leading Chinese drone maker, implemented a 9 PM office departure policy in late February to combat excessive overtime, reflecting a broader government push for work-life balance amidst concerns over burnout and declining birth rates fueled by the "996" work culture and the "neijuan" mentality...

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What are the immediate impacts of DJI's new 9 PM office departure policy on employee morale and productivity?

Starting late February, DJI, a major Chinese drone manufacturer, implemented a new policy requiring employees to leave the office by 9 PM, aiming to curb excessive overtime. Exceptions are rare, and managers lead by example, leaving at the same time. This follows similar initiatives by other Chinese firms like Midea and Haier, promoting shorter workdays and mandatory weekend rest.

dw.com

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Mar 19, 10:15

Audi profit plunges 33%, prompting 7,500 job cuts

Audi's 2024 profits fell 33% to €4.2 billion, leading to a planned reduction of 7,500 jobs by 2029, primarily administrative roles, while investing €8 billion in German plants for electric vehicle production; the company cites parts shortages, reduced Chinese demand, and the Brussels plant closure a...

Audi profit plunges 33%, prompting 7,500 job cuts

Audi's 2024 profits fell 33% to €4.2 billion, leading to a planned reduction of 7,500 jobs by 2029, primarily administrative roles, while investing €8 billion in German plants for electric vehicle production; the company cites parts shortages, reduced Chinese demand, and the Brussels plant closure a...

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What is the primary reason for Audi's significant profit decline in 2024, and what are the immediate consequences for the company and its employees?

Audi's profits plummeted by 33% in 2024, reaching €4.2 billion, marking the second consecutive year of decline. This decrease affects Audi, Bentley, Lamborghini, and Ducati, impacting employee bonuses and necessitating workforce adjustments.", "The reduction in profit is attributed to factors including a shortage of parts, reduced demand in China, and the closure of the Brussels plant. To counter this, Audi plans an €8 billion investment in German plants to support the transition to electric vehicles.", "By 2029, Audi plans to cut 7,500 jobs, primarily administrative roles, while maintaining production and introducing a new bonus for union members starting in 2026. These measures aim to improve efficiency and ensure long-term profitability.

elpais.com

🌐 75% Global Worthiness

Mar 19, 04:12

Mexico Withdraws ISSSTE Reform Following Teacher Protests

Mexican President Claudia Sheinbaum withdrew a controversial ISSSTE reform after teacher protests, offering debt forgiveness and social housing instead, averting a planned 72-hour national strike.

Mexico Withdraws ISSSTE Reform Following Teacher Protests

Mexican President Claudia Sheinbaum withdrew a controversial ISSSTE reform after teacher protests, offering debt forgiveness and social housing instead, averting a planned 72-hour national strike.

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What are the long-term implications of resolving this conflict through executive decrees rather than legislative processes?

The government's actions suggest a strategic retreat to avoid further disruption. The implementation of benefits via decree bypasses legislative hurdles, showcasing the government's responsiveness to pressure from powerful teacher unions and the potential for future similar actions.

elpais.com

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Mar 19, 07:13

Spain's Tech Talent Shortage Drives Rise of Consulting Model

Facing a critical shortage of tech specialists (4.4% in Spain vs. 4.8% EU average), Spanish companies increasingly hire consultants, offering young professionals diverse experience, rapid skill growth, and flexible work arrangements, though possibly at a slightly lower starting salary.

Spain's Tech Talent Shortage Drives Rise of Consulting Model

Facing a critical shortage of tech specialists (4.4% in Spain vs. 4.8% EU average), Spanish companies increasingly hire consultants, offering young professionals diverse experience, rapid skill growth, and flexible work arrangements, though possibly at a slightly lower starting salary.

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What are the main advantages and disadvantages of the consulting model for both tech companies and young professionals in Spain?

The consulting model benefits both companies and young tech professionals. Companies gain access to specialized talent without long hiring processes, while young professionals gain experience across multiple sectors and technologies, improving their career prospects. This system addresses Spain's 4.4% IT specialist shortage, significantly lower than the European average of 4.8%.

arabic.euronews.com

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Mar 19, 19:16

EU Minimum Wage Growth: 2015-2025

Between January 2015 and January 2025, the minimum monthly wage in the EU increased significantly, ranging from €551 in Bulgaria to €2,638 in Luxembourg, with Romania showing the highest percentage increase (273%) and Moldova (among candidate countries) at 438%, while France showed the least (24%).

EU Minimum Wage Growth: 2015-2025

Between January 2015 and January 2025, the minimum monthly wage in the EU increased significantly, ranging from €551 in Bulgaria to €2,638 in Luxembourg, with Romania showing the highest percentage increase (273%) and Moldova (among candidate countries) at 438%, while France showed the least (24%).

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Reduced Inequality

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What factors contributed to the varying rates of minimum wage growth across the EU during this period, and how did these variations affect income inequality?

Romania experienced the most substantial increase in minimum wage (273%), rising from €218 to €814. Moldova, among candidate countries, saw the largest growth (438%). These increases, particularly in Eastern and Southeastern Europe, narrowed the wage gap with Western Europe.

nos.nl

🌐 85% Global Worthiness

Mar 19, 13:14

7,000 Work-Related Cancer Cases in the Netherlands in 2021

A 2021 Dutch study revealed 7,000 work-related cancer cases, with 4,800 resulting from sun exposure, and another 1,406 linked to asbestos. Men had significantly higher risks than women.

7,000 Work-Related Cancer Cases in the Netherlands in 2021

A 2021 Dutch study revealed 7,000 work-related cancer cases, with 4,800 resulting from sun exposure, and another 1,406 linked to asbestos. Men had significantly higher risks than women.

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Good Health and Well-being

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What is the magnitude and distribution of work-related cancer diagnoses in the Netherlands, and what are the primary contributing factors?

In 2021, an estimated 7,000 Dutch citizens developed work-related cancer, with two-thirds attributed to sun exposure and resulting skin cancer. Exposure to hazardous substances, such as asbestos (1,406 diagnoses), accounted for a significant portion of the remaining cases. Men were disproportionately affected, representing 5.4% of work-related cancer diagnoses versus 0.5% for women.

taz.de

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Mar 19, 10:15

German Public Sector Labor Talks Collapse Amid Wage Dispute

Collective bargaining negotiations in Germany's public sector failed due to disagreements over wages and benefits, with unions demanding significant increases and employers offering a less substantial raise phased in over several years.

German Public Sector Labor Talks Collapse Amid Wage Dispute

Collective bargaining negotiations in Germany's public sector failed due to disagreements over wages and benefits, with unions demanding significant increases and employers offering a less substantial raise phased in over several years.

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What are the underlying economic and political factors contributing to the breakdown of negotiations?

The failure highlights a significant discrepancy between union demands (8% increase or €350 minimum) and employer offers (5.5% increase starting in 2025). The employers' offer is criticized as insufficient given current inflation, and the lack of transparency regarding specific proposals further complicates matters.

lemonde.fr

🌐 75% Global Worthiness

Mar 19, 07:13

French Rental Market Sees Investor Hesitation Amidst Economic Shifts

In the French real estate market, individual buyers are returning, but investors are hesitant; rental listings have decreased by 8.6% between October 2023 and October 2024, with some landlords planning to sell after tenants leave, driven by factors such as higher interest rates, increased constructi...

French Rental Market Sees Investor Hesitation Amidst Economic Shifts

In the French real estate market, individual buyers are returning, but investors are hesitant; rental listings have decreased by 8.6% between October 2023 and October 2024, with some landlords planning to sell after tenants leave, driven by factors such as higher interest rates, increased constructi...

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What is the immediate impact of reduced investor activity on the French rental market?

While individual homebuyers are gradually returning to the French real estate market, investor activity remains subdued, with some landlords even planning to sell properties once tenancies expire. This trend is supported by data showing an 8.6% decrease in rental listings on Meilleurs Agents between October 2023 and October 2024, with even steeper declines in cities like Lille, Montpellier, Lyon, and Nice.

welt.de

🌐 75% Global Worthiness

Mar 19, 07:13

Verdi Strikes Cripple Public Transport in Mecklenburg-Vorpommern

Since mid-February, hundreds of thousands in Mecklenburg-Vorpommern have faced disruptions due to Verdi union strikes impacting public transport, including five consecutive days without trams and buses in Rostock starting March 13th, resulting in unquantified revenue loss for transport companies.

Verdi Strikes Cripple Public Transport in Mecklenburg-Vorpommern

Since mid-February, hundreds of thousands in Mecklenburg-Vorpommern have faced disruptions due to Verdi union strikes impacting public transport, including five consecutive days without trams and buses in Rostock starting March 13th, resulting in unquantified revenue loss for transport companies.

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How do the Verdi union's demands impact the financial viability of public transport companies in the region?

The strikes, organized by the Verdi union, caused significant disruption to public transport. The loss of revenue from single and day tickets is confirmed, while calculating the total impact is complex due to various tariffs and the new 'Deutschlandticket'. The union's demands—a €430 monthly wage increase and a €500 annual bonus—would cost municipalities €17.5 million annually, deemed unaffordable by employers.",

zeit.de

🌐 75% Global Worthiness

Mar 19, 16:10

Verdi Considers Indefinite Strike in German Public Transit

Following five days of warning strikes, the Verdi union in Germany will announce Thursday whether its members voted to authorize an indefinite strike affecting public transportation in Mecklenburg-Vorpommern, impacting hundreds of thousands of commuters.

Verdi Considers Indefinite Strike in German Public Transit

Following five days of warning strikes, the Verdi union in Germany will announce Thursday whether its members voted to authorize an indefinite strike affecting public transportation in Mecklenburg-Vorpommern, impacting hundreds of thousands of commuters.

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How do the financial implications of Verdi's wage demands affect the sustainability of public transportation services?

The strikes have affected hundreds of thousands in Mecklenburg-Vorpommern, with the Rostock tram company alone reporting up to 150,000 daily passengers. The union demands a €430 monthly wage increase and a €500 annual bonus, while employers cite unaffordable costs of €17.5 million annually.

forbes.com

🌐 75% Global Worthiness

Mar 19, 22:16

Side Hustles Surge: 40% of Americans Rely on Supplemental Income

A LendingTree survey reveals that almost 40% of Americans have a side hustle, earning an average of $1,215 monthly, with 61% stating their life would be unaffordable without it; driven by economic factors, this trend shows 31% of workers considering quitting their full-time jobs to pursue their side...

Side Hustles Surge: 40% of Americans Rely on Supplemental Income

A LendingTree survey reveals that almost 40% of Americans have a side hustle, earning an average of $1,215 monthly, with 61% stating their life would be unaffordable without it; driven by economic factors, this trend shows 31% of workers considering quitting their full-time jobs to pursue their side...

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What are the potential long-term societal and economic implications of this shift towards side hustles and entrepreneurship, and what challenges might arise?

The increasing number of Americans considering or already transitioning from full-time jobs to focus on side hustles (31% considering, 10% already transitioned) signifies a potential disruption in traditional employment. This trend suggests a growing preference for autonomy, passion alignment, and improved work-life balance.

Showing 1,069 to 1,080 of 3,415 results