Category: employee

  • Tech cos cut down on employee options – study

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    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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    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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    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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    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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    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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    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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    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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    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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    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,…