April 7, 2013 |
Decades ago, many workers spent their whole lives at the same job, retiring with a full pension, and maybe even a gold watch from their boss. Now, almost no one works at the same place for life, and there's much less loyalty between employers and employees. But these changes didn't happen overnight. Although the recession accelerated them, the workplace began changing decades ago, experts say. In the 1970s, companies had lifetime employment models and long-term plans for developing talent internally and honing good employees for life.
January 19, 2012 |
Cheap-chic retailer Forever 21 is being sued in a class-action lawsuit by employees who claim that the company routinely neglected to pay for time worked. In filings in San Francisco Superior Court, five employees allege that the Los Angeles clothing maker often made them work through meal breaks and kept them in the stores after clocking out to check their bags for stolen merchandise, the Huffington Post reported. Tiffinee Linthicum, Jessica Ramos, Shanelle Thompson, Jazzreal Jones and Alyssa Elias are seeking damages for the hours they worked during breaks and off the clock, the Post said.
August 13, 2012 |
ATLANTA — Many American companies that had adopted a much-vaunted employee evaluation system have lately been turning away from it. Known as "stacked ranking" or "forced ranking," the process made famous by General Electric Co. is really just a version of what teachers call grading on the curve: a few people at the top, a few at the bottom and the rest clumped in the middle. The practice leaped into the spotlight — at least for people who study how companies perform — when Vanity Fair published in its August issue a profile of technology icon Microsoft Corp.
July 5, 2013 |
Fast-food and other employees across the country have been striking and protesting for higher wages, arguing that they can't live on the minimum wage. Their protests have drawn attention in an economic recovery where data show that the gap between the rich and the poor is growing. Friday's jobs numbers show that the pay gap is continuing throughout industries. The Bureau of Labor Statistics tracks wages of all private-sector employees, but also breaks down wages of production and non-supervisory employees, which are “employees who are not owners or who are not primarily employed to direct, supervise, or plan the work of others.” Those workers make up 80% of the workforce, but their wages are growing more sluggishly than the wages of the whole workforce, which also includes supervisors and owners, data show.
October 15, 2012 |
Billionaire industrialists Charles and David Koch, often under intense scrutiny for their prodigious political contributions and prominent advocacy for various conservative causes, are back in the spotlight over a “voter information packet.” Distributed to 45,000 employees of Koch Industries-owned Georgia-Pacific, the packet, obtained by the political magazine In These Times , includes lists of candidates supported by the company stretching from...
June 26, 2012 |
Apple has launched a new program to assist its first-year employees on their career paths within the company. Apple revealed the program, called Pathways, to its employees Sunday night at its stores' quarterly meetings. The program is built around creating an Apple career path for new hires and extends the amount of time employees are in training during their first year at the company. Pathways comes after a major report by the New York Times , published over the weekend, that highlighted how Apple treats its 30,000 retail employees in the U.S. PHOTOS: Rumor roundup on iPhone 5 The article shed light on the fact that Apple does not pay commission to its employees, works them in high-stress environments and doesn't offer many opportunities for them to ever move up the ranks.