Goldman Sachs abandons diversity policy
Goldman Sachs scrapped a diversity rule which prohibited the bank from providing advice to all-male or all-white boards regarding company flotations. In 2020, the policy will require that companies it helps to sell shares to have at least two diverse members on their board, with one of them having to be a woman. According to […]
The Rt Hon Chloe Smith is appointed President of the CIPD
The Chartered Institute of Personnel and Development has named The Rt Hon Chloe Smith its new President. Smith, who was formerly Secretary of State for Work and Pensions succeeds Baroness Ruby McGregor Smith CBE. Smith has extensive experience in technology, workforce transformation and governance. She also comes from a background of government and business. She […]
Entries for 2025 Culture Pioneer Awards now open!
The entry period is now open for our 2025 Culture Pioneer Awards! Powered by HRZone, the programme shines a spotlight on the organisations and leaders dedicated to progressive change in the workplace. In a year where command-and-control leadership looks set to dominate, Culture Pioneers is pushing back on this agenda and celebrating those who dare […]
Tesco promises 1,500 apprenticeship positions by 2027
In honor of National Apprenticeship Week Tesco announced an expansion of their Stronger Starts programme. They have introduced five times as many places this year, and are targeting 1,500 opportunities for apprenticeships by 2027. Tesco will expand this year’s intake from 82 to 450 apprentices. This is to ensure that even more young people can […]
CIPD appoints Chloe Smith to the position of president
A new CIPD president has been appointed to serve as a spokesperson and ambassador on behalf of the profession and its professional body. The Rt Hon Chloe Smith will replace Baroness Ruby McGregor Smith. She is a former Conservative MP and former Work and Pensions Secretary. Smith, who has also served as minister for science, […]
Sage – The changing face of HR research report
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Lindsay Gallard: Employment Rights Bill will bring HR and legal departments closer together. Are you ready?
The government’s Employment Rights Bill, announced in October last year, introduces approximately 30 measures to increase worker protection and job security. As you’d expect from a piece of flagship legislation–especially from a new government–it has great scope, ambition, and transformational potential. One of the main goals of this bill is to improve workers’ Day One […]
Chevron cuts up to 20% from global workforce
The oil giant Chevron Corporation will lay off up to 8,000 workers by the year 2026 to reduce costs. The 40,000 strong global workforce will lose between 15% and 20%. Mark Nelson, vice-chairman of the company, said: “Chevron takes action to simplify its organisational structure and execute faster and more efficiently. This will position the […]
Rachel Reeves’ online CV contains errors
The online CV of Chancellor Rachel Reeves exaggerated the length of time she worked at the Bank of England. BBC News reported that Reeves had left the Bank nine month earlier than stated on her LinkedIn profile. It means that she worked at the bank for five and a quarter years, plus nearly a full […]
Benifex is the result of the merger between Benify and Benefex
Employee benefits providers Benefex, and Benify have combined to form Benifex. Over 3,000 organisations are supported by the global platform for rewards and benefits in over 100 countries. The platform will provide its employer clients with a benchmarking tool for millions of benefit enrollments and thousands of HR and payroll products. Over 1,200 Benifex employees […]