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More News From the World of HR

Compiled by SHRM Online Staff  9/29/2014
Why Multinationals Aren’t Adding U.S. Jobs
On Monday the U.S. Treasury Department announced a crackdown on tax inversions, where multinational companies move their headquarters abroad to pay lower corporate taxes. But tax inversions are just a symptom of a much bigger problem. Large, publicly traded multinational companies like IBM, Pfizer, and Hewlett-Packard aren’t growing much in the U.S.

Can States Solve the Immigration Crisis?
Foreign entrepreneurs, take note: "There is a welcome mat out in Massachusetts." That's the message Greg Bialecki hopes will be conveyed through the launch of the Global Entrepreneur in Residence program this fall. Bialecki, the Massachusetts secretary of housing and economic development, helped implement the three-year pilot program.

Debate Grows Over Employer Health Plans Without Hospital Benefits
Lance Shnider is confident Obamacare regulators knew exactly what they were doing when they created an online calculator that gives a green light to new employer coverage without hospital benefits. "There's not a glitch in this system," said Shnider, president of Voluntary Benefits Agency, an Ohio firm working with some 100 employers to implement such plans. "This is the way the calculator was designed."
National Public Radio

Wage Theft Costing Low-Income Workers Billions
Americans toiling away in low-wage jobs already struggle to earn a living, and a new report says these meager paychecks are winnowed down by wage theft with alarming regularity. Nearly $1 billion was recovered in 2012 by lawyers or regulatory agencies acting on behalf of workers who were paid below minimum wage, not paid for overtime or other wage and hour violations.
NBC News

Factory Construction Boosts Economy
After years of factory closings shrank the nation's industrial footprint, a mini-boom in plant construction is beginning to reverse the trend and fuel faster economic growth. A 12.6 percent surge in spending on non-residential structures was a big reason for last week's upward revision of second quarter economic growth.

Worth the Money: The Highest Paying College Majors
Is a four-year college degree worth it? Generally yes, but the results vary quite a bit across majors — and can even vary widely within majors. That’s the takeaway from new research by Brad Hershbein and Melissa Kearney at The Hamilton Project.
Washington Post

How to Make Business More Attractive to Women
In early October, the National Association of Women MBAs will hold its annual conference in Crystal City. As I was preparing my keynote address for this conference, I started thinking about why women have not gone into business in larger numbers. After all, women have entered into law, dental and medical schools—with close to 47 percent in each of those programs being women.
Washington Post

Macy’s to Hire 86,000 Workers for Holiday Season
Department store operator Macy’s Inc. said it planned to hire about 86,000 workers for the holiday shopping season, up from about 83,000 last year. Macy's said it would hire about 1,125 for its customer service centers, about 3,000 for delivery and store pickup services for online orders at Macy's and Bloomingdale's stores.

Why Branson’s Holiday Generosity Will Not Suit All Employers
The old PR maestro has done it again. Sir Richard Branson, who has been successfully pulling off high-profile publicity stunts for four decades now, has just garnered another bunch of positive headlines with a new initiative aimed at some of his Virgin employees.

Looking at Productivity as a State of Mind
Policy makers often fret about the pace of worker productivity. But each of us also frets about the pace of our own individual productivity. Type the phrase “being more” into Google: The autocomplete function suggests “being more productive” as the third-most-likely choice — right behind “being more assertive” and “being more confident.”
New York Times

For a Worker with Little Time Between 3 Jobs, a Nap Has Fatal Consequences
Maybe she poured you a cup of hot coffee, right before you rushed off to catch your afternoon train. Maybe you noticed her huddled over an empty table in the station, dozing in the lonesome hours between one shift and another.
New York Times

Global Banks Look at Large-Scale Hiring as Regulations Tighten
With regulators getting more stringent about banking norms, large global banks are looking at large-scale hiring of mid-to-senior-level professionals in functions such as risk, audit, compliance and legal over the next 12 to 18 months.
Times of India
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