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More News From the World of HR

Compiled by SHRM Online Staff  8/29/2014
Power to the Workers: How Grocery Chain Employees Saved Beloved CEO
Artie T. is back. The beloved chief executive of the New England grocery chain Market Basket, Arthur T. Demoulas, has been reinstated in what experts are calling a testament to the power of passionate employees.
Los Angeles Times

Retirement Planning: Look Before You Leap with Account Withdrawals
It becomes obvious pretty early in life that some things are dangerous, especially if you’re lucky enough to have someone with experience to help you spot them: a parent, guardian, teacher or coach. Stove tops are hot and can burn you; broken glass is sharp and may cut you; other drivers can crash into your car if you don’t watch out for them.
Christian Science Monitor

Who’s In The Office? The American Workday in One Graph
Researchers often look at the number of hours worked, but rarely do they ask the question of when. Fortunately, the government conducts an annual study called the American Time Use Survey that tracks how people spend their days.
National Public Radio

All You Need Are 24 Indicators to Understand the Labor Market
There was a time when the unemployment rate was good enough. It was long ago -- way back before the recession—in an economy that now feels very far away. In that parallel universe, measuring the share of the workforce that was looking for a job was a perfectly acceptable way of determining the health of the country’s labor market.
Washington Post

Back to School: Older Students on the Rise in College Classrooms
Dorms are filling up, classes are starting, and Frisbees are flying above quads at colleges and universities across the country. But these familiar seasonal patterns don't reflect how a growing number of students are starting the year. More and more older Americans are heading back to school, often part time or in the evenings, and their rate of enrollment is rising faster than students of typical college age.
NBC News

Bank Hack Attack: What You Should Do
With the FBI investigating a cyberattack that hit at least five banks, including JPMorgan Chase, many consumers are wondering what they can do to protect themselves if their accounts have been compromised.
USAToday

ERISA = Every Ridiculous Idea Since Adam?
It’s rumored that President Ronald Reagan once referred to the Employee Retirement Income Security Act of 1974 (ERISA) as “Every Ridiculous Idea Since Adam.” ERISA serves important purposes in our society, but it also presents tremendous challenges and potential liabilities for good-intentioned employers that merely want to provide nice benefits to their employees.
HR Hero

Longer Work-Week Looms for French Workers
Sacre bleu! French workers may face the end of their cushy 35-hour work-week. In an interview with a French newspaper before becoming the nation's economics minister, Emmanuel Macron said he's open to loosening strict government regulations that enforce 35-hour work weeks.
CNN

French Workers Aren’t as Lazy as You Think
Despite France’s admittedly complex labor regulations, French workers are about as productive as American workers. There are few things Americans do better than make fun of France.
Fortune

Malaysia Airlines Slashes 6,000 Jobs in Major Restructuring
Malaysia Airlines has cut 6,000 jobs as part of a wide-ranging overhaul that follows the loss of two aircraft earlier this year. State investor Khazanah, which owns nearly 70 percent of the carrier, revealed the 30 percent workforce reduction on Friday.
CNN

Brazil’s Economy Falls into Recession
Brazil has fallen into recession, just a month before the general election, latest figures show. Economic output, GDP, fell by 0.6 percent in the three months to June, worse than analysts had predicted, and revised figures for the first quarter of the year also showed a fall of 0.2 percent. A recession is usually defined as two consecutive quarters of contraction.
BBC News

Japan’s Economy Signals Stagnation and Weakness
Japan's economy has shown signs of stagnation and some weakness as households spent less and factory output stayed flat in July. Official data released on Friday also showed consumer inflation stayed unmoved at 3.3 percent from the month before.
BBC News

Business Leader Says India Needs Flexibility in Labor Law for Temp Workers
Calling for practical reforms in labor laws, Maruti Suzuki India chairman R C Bhargava says policy must allow employment of temporary workers in such a manner that the last to be hired becomes the first to be laid off during downturn but they must be paid subsistence wage.
Times of India
 
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