talent management News

Update: Major UK Companies Abandon CBI Following Second Rape Claim

A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff. BT Group Plc, …

Japanese Banks (and Insurers) Face Spotlight for ‘Gender Washing’ Women Managers

Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions. Japan’s Financial Services Agency found a big discrepancy in responses from a regional bank survey …

Scandal at CBI Plunges UK Business Lobby Into Existential Crisis

When Rishi Sunak stepped up to the podium at the Vox venue in Birmingham in November, he had one mission: to convince business leaders to stay loyal after his predecessor unleashed economic mayhem. The UK prime minister was addressing the …

UK’s Confederation of British Industry Fires Director General After Probe of Complaints

The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation into complaints of workplace misconduct at the leading business group. One of Britain’s best-known business organizations, the CBI said it …

Toronto Office Vacancies Hit 28-Year High as Remote Work Persists

The office vacancy rate in downtown Toronto reached its highest point since 1995 as the persistence of remote work damps companies’ need for space in Canada’s most-populous city. The vacancy rate in the city core, home to the largest Canadian …

Swiss Re Faces $6.3M Claim Over Sex Discrimination, Unfair Dismissal

A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is seeking 5.1 million pounds ($6.3 million) in compensation and told a London court she wants to retrain as a Baptist pastor. …

Commerzbank Executive Wins £300,000 in Sex Discrimination Suit

A Commerzbank AG manager won more than £300,000 ($366,650) in a sex discrimination lawsuit following a long-standing legal battle with the bank. Jagruti Rajput, who was a senior compliance officer at the firm’s London office, won a sex and maternity …

Specialist Insurer Hiscox Launches Underwriting Academy in UK

Specialist insurer Hiscox UK has officially launched its underwriting academy following a successful pilot in Q4 2022. The Hiscox Underwriting Academy provides hands-on technical and professional development for high performing talent. The academy is part of a wider drive to …

UK’s Largest Companies Fail to Comply With FCA’s New Gender-Diversity Quotas

Seven of the UK’s 10 largest listed companies have failed to comply with the FCA’s new gender-diversity quotas, a reminder of the scale of the challenge facing businesses as they look to improve diversity in their upper ranks. AstraZeneca Plc, …

Head of UK Employer Group CBI Steps Aside Over Allegations

The Confederation of British Industry said on Monday that its director-general, Tony Danker, had stepped aside while the employer body conducted a review into his behavior. The CBI said it had already conducted an internal investigation into Danker’s workplace behavior …