According to research by the Centre for Economics and Business Research, graduates are losing interesting in investment banking careers, expressing more interest in job security, among other factors. Job opportunities in the financial services sector have fallen by a quarter compared with 2011, although the Centre forecasts that 30,000 jobs will be available in the City of London in 2012.
Employees from nine Wal-Mart stores in Southern California rallied in front of a Pico Rivera, California Wal-Mart store protesting management’s retaliation against employees complaining about working conditions, reported the New York Times. This was the first actual strike by Wal-Mart employees in the US. The company described it as a rally rather than a strike.
Announcing the release of the EEOC’s draft strategic enforcement plan on Twitter, commissioner Chai Feldblum promised to read every comment submitted. Comments must be submitted by 5:00 pm ET on September 18, 2012 at
Recent media reports suggest that the EU will propose legislation in October 2012 that would establish gender quotas. The proposal’s detail is yet to be published but reportedly would require that 40% of non-executive directors be women. Listed companies with more than 250 employees, or €50m revenue, would have to achieve a 40% quota by 2020, or risk fines and possible exclusion from state aid and contracts. State-owned organizations would be expected to achieve a 40% quota by 2018.
Hispanics now are the largest minority group on the nation's four-year college campuses, according to an analysis of newly available US Census Bureau data by the Pew Hispanic Center. The report, Hispanic Student Enrollments Reach New Highs in 2011, indicates that for the first time, the number of 18- to 24-year-old Hispanics enrolled in college exceeded 2 million and reached a record 16.5% share of all college enrollments.
The lawsuit filed by a former Infosys employee claiming he was harassed after he reported alleged visa fraud was dismissed by a federal judge, reported the New York Times. Plaintiff Jack Palmer charged that Infosys used short-term visas to bring in less-expensive Indian workers for technical jobs, undercutting Americans.
JES Personnel Consultants, a temporary agency, will pay $80,000 to settle a disability discrimination lawsuit in which EEOC had charged that the company unlawfully refused to allow an employee to return to work because of his epilepsy. After he had a brief epileptic seizure on his first day of an assignment at Clover Technologies, the agency asked him to bring a note from his doctor authorizing him to return to work. When the employee provided the note the next day, EEOC said, the agency neither advised him th
HireRight Solutions agreed to pay the Federal Trade Commission a civil penalty of $2.6 million for giving inaccurate screening reports and for failing to provide copies of reports to consumers or to investigate consumer’s complaints about incorrect information in their reports, the Washington Post has reported. The FTC alleged that the company included expunged criminal violations in reports, reported the same offense more than once and included wrong information, resulting in job candidates being denied employment.
A Catalyst study has found that training can produce a measurable shift in workplace attitudes and behavior—and begin to create an environment where women and minorities can advance. The study looked at employees of engineering company Rockwell Automation (mostly white male managers) who participated in leadership development programs run by the organization White Men as Full Diversity Partners.
In an article in the July/August issue of the Atlantic Monthly, Anne-Marie Slaughter re-examines the question of barriers to and options for career women.