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Category: employee

  • Tech cos cut down on employee options – study

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    Investor Empires

    The upward trend of salaries in Israel’s technology industry has been continuing, even since the beginning of the war, despite a slowdown in recent months. But when it comes to granting options to employees, the picture is quite the opposite. A study conducted by Altshare for Globes found that the…

  • Company hopes ‘overtime savings’ benefit will boost employee retention among seasonal workers

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    Investor Empires

    Companies that hire seasonal workers often have trouble retaining them, and for good reason. Fluctuating work hours can leave employees financially strapped during the off-peak season, giving them no choice but to look elsewhere for work. But one company is offering a new benefits program in hopes of solving this…

  • Israeli tech cos cutting back on employee share options

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    Investor Empires

    Despite the war, salaries for tech workers rose 8% between June 2023 and 2024, higher than the average salary rise of 5.1% for the entire economy. The average monthly salary for a tech in Israel is now NIS 32,215. But tech companies have become much less generous when it comes…

  • Laid-off Foot Locker employee made $100,000 after shorting stock, SEC says

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    Investor Empires

    Financial Regulatory Bodies Charged NEW YORK — A 56-year-old New York man was charged with insider trading Tuesday, alleging the CEO knew in advance that Foot Locker’s disappointing results would Profits That could trigger a selloff in shares. In all, authorities said the executive made about $113,000 — and now…

  • Elon Musk loses legal fight with ex-Twitter employee

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    Investor Empires

    Elon Musk has lost a legal battle over unpaid severance pay for a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the dispute, which was handled through arbitration, comes nearly…

  • Should you contact an employee on sick leave?

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    Investor Empires

    If so, how long is an acceptable duration? And what if the contact is unwanted? These issues were recently considered by an employment tribunal in the case of Tory v Commissioners of HMRC. Ms Touré joined HMRC in 2019 and is a French national of African descent and Muslim. She…

  • Norfolk Southern CEO under investigation for alleged relationship with employee

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    Investor Empires

    Norfolk Southern CEO Alan Shaw The railway company confirmed on Monday that it is under investigation for possible ethical misconduct. A spokeswoman for the Atlanta-based railroad, one of the six largest in North America, declined to provide any additional details about the nature of the allegations against Shaw, who worked…

  • Putting employee wellness at the heart of businesses key to success

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    Investor Empires

    Human resources has evolved dramatically, shifting the focus from transactional tasks such as payroll and benefits administration to a more human-centered approach. Organizations are now realizing the importance of employee well-being, diversity and inclusion as employees think more about the emotion of work than the results. In today’s workplace, employees…

  • Elon Musk’s Neuralink forced a pregnant employee to work with herpes-infected monkeys: lawsuit

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    Investor Empires

    Elon Musk’s brain-implant startup Neuralink Corp. forced an employee to work with monkeys carrying the herpes B virus in conditions where the animals scratched her bare skin, according to a complaint filed Friday in California state court. Employee Lindsay Short said that once she moved to the company’s Fremont, California,…