coronavirus employment News

Just 3% of White Collar Workers Want to Return Full-Time to Their Offices: Survey

Just 3% of white collar workers want to return to the office five days a week, according to a poll by management consultancy Advanced Workplace Associates, which warned employees will quit if bosses force them back full-time. A full 86% …

Credit Suisse Plunged Into Chaos After Chairman Ousted for Breaching COVID Rules

The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID quarantine rules, throwing the Swiss financial giant into fresh turmoil as it struggles to emerge from a series of scandals. …

Canada’s Insurers and Banks Rethink Return-to-Office Plans Amid Omicron Concerns

Canada’s top health official Theresa Tam has warned that COVID-19 cases in the country could jump in coming days, due to community spread of the Omicron variant. Concerns over the highly transmissible variant have spooked investors around the world and …

Employers and Employees: How to Avoid a Burnout Crisis

In a more typical time, burnout is an exception. In the era of COVID, it almost feels like the norm. According to Jennifer Moss, organizations should take a hard look in the mirror for fostering cultures of overwork that make …

UK Businesses Brace for Great British Resignation in 2022

UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the prospect of more resignations and a hiring crunch going into the third year of the pandemic, new research shows. Voluntary …

London Turns Into Ghost Town as UK Faces Record-Breaking Wave of COVID Infections

The owner of Parlez, a pub and restaurant in south London, hoped that sales this Christmas would have bounced back fully from last winter’s COVID-19 lockdown. Instead, every one of this week’s group reservations canceled their bookings. The UK is …

These Workers Stand to Gain From Current UK Pay Surges. Time to Ask for Pay Raise?

The fastest wage gains since the 2008 global financial crisis are throwing up opportunities and obstacles throughout the UK economy, leaving workers to wonder how much they’ll ultimately benefit. Underlying wages, adjusting for distortions caused by lockdowns and the furlough …

Working From Home Could Hurt Women’s Careers: Bank of England’s Mann

Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to the office after the COVID-19 pandemic, Bank of England policymaker Catherine Mann said on [Nov. 11]. Mann, a member of …

Canada Employers Shed Unvaccinated Workers With Legal Challenges Expected

OTTAWA – Canadian employers are firing or putting on unpaid leave thousands of workers who refused to get COVID-19 shots, squeezing an already tight labor market and raising prospects of potentially disruptive legal challenges. Prime Minister Justin Trudeau promised vaccine …

Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey

Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an insurance agent or broker …