Month: August 2022

Layoffs are happening as the world ponders whether a global recession is coming. Whatever label people end up putting on this era, companies are struggling with consecutive lackluster quarters, inflation, price hikes, and uncertainty. Varying interest rates, a plummeting stock market, and a downturn in consumer confidence are only making matters worse.  As a result,
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​Qatar’s impending Social Security Law, set to come into effect in early 2023, will impact all working nationals to varying degrees depending on the type of employment. Here’s what to anticipate with respect to the law’s impact for various employee categories, as well as the contributions expected, pension allowance calculations and retirement eligibility. 1) What has
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By all accounts, the United States is likely heading into a recession. Already, the country experienced two consecutive quarters of declining gross domestic product (GDP), which is a red flag. Other signs include inflation, the cooling down of venture capitalist’s investment, a declining stock market, and varying interest rates. However, a strong job market persists,
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​On July 18, the U.K. government published a policy paper titled ”Establishing a pro-innovation approach to regulating AI” (the “Paper”). Instead of giving responsibility for AI governance to a central national regulatory body, as the EU is planning to do through its draft AI Act, the government’s proposals will allow different regulators to take a tailored
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​On June 9, the Hong Kong Legislative Council passed the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 (“Bill”). The long-awaited abolition of employers’ statutory right to offset long service payment (LSP) or severance payment (SP) payable to employees against the employers’ contributions to the mandatory provident fund (MPF) scheme will take effect
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August 26 is Women’s Equality Day in the United States. It commemorates the 1920 adoption of the Nineteenth Amendment to the U.S. Constitution, which gave women the right to vote. This celebration was approved in 1973, a time when the Women’s Movement was taking shape. For HR leaders, this is a good time to take
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Unretirement has been making headlines recently. Unretired refers to those who return to the workforce after having tried retirement for a while. In fact, 2.4 million of the 4.2 million people who left the workforce had retired at the start of the pandemic. And 1.5 million retirees have re-entered the U.S. labor market in the
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Artificial intelligence (AI) in learning and development is still relatively early in its rise. When HR Exchange Network recently reported on the state of AI and machine learning, experts revealed that the technology is best used for recruiting and employee engagement. However, they added that the applications of AI in learning have great potential. More
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LinkedIn’s hiring platform, LinkedIn Recruiter, has announced that it will introduce new, innovative features to make it easier for recruiters to effect change, attract talent, and build a more diverse talent pipeline to improve their diversity, equity and inclusion (DE&I) efforts. Jennifer Shappley, vice president global talent acquisition at LinkedIn, said that these new features
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Most HR professionals are seeing many LinkedIn posts with news of layoffs. If they have not, then they will soon. A recent PwC survey of more than 700 U.S. executives and board members revelead that half of employers are either reducing headcount or planning to do so, according to Bloomberg. A little more than half
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​Emiratization, an initiative to encourage companies to employ more United Arab Emirates nationals in UAE-based companies, has been in place in some form since 2006 in the UAE. Beginning in January 2023, a new set of goals and accompanying fines for failure to comply will take effect. “There have been different schemes over the years which have
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​Octavia Goredema is a career coach and author who has distinguished herself as a go-to source for underrepresented professionals looking to advance their careers. She’s coached leaders at renowned companies including Google, Nike, American Airlines and Dow Jones. Her insights have been featured in CNN, Forbes and The Los Angeles Times, and she has co-hosted
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The raging debate pitting work from home (WFH) against return to office (RTO) positions is not as clear-cut as it may seem. Actually, it is revealing deep division between management and workers, younger generations and older generations, and the privileged and disadvantaged. Frankly, the conversation is more complicated than most people think.  INTERVIEW: RTO or
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​People who are blind play an integral role in the federal government’s operations. Since 2010, National Industries for the Blind (NIB), a nonprofit in Alexandria, Va., has paired employees who have visual impairments with contract management support (CMS) services jobs in support of the federal government. The CMS program allows government personnel to focus on
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