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Many Ethnic Minorities in UK Financial Services Face Racism, Discrimination: Survey

The UK may be more ethnically and racially diverse than ever, but minorities working in the financial services industry continue to face discrimination, according to a new study. About 70% of ethnic minorities working in finance have experienced discrimination at …

Half a Million UK Workers Drop Out of Workforce Citing Long-Term Illness, Mental Health Problems

The number of people who have dropped out of Britain’s job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) …

Comment to Pro-Union Starbucks’ Worker Was Threat, U.S. Labor Board Alleges

Starbucks Corp. interim Chief Executive Officer Howard Schultz made comments during an April meeting with employees that US labor officials view as an illegal anti-union threat, according to a complaint Friday. In that meeting, an employee asked Schultz about retaliation …

‘Quiet Quitting’ Surges in U.S. Financial Services as It Gains Steam Across Sectors

The viral quiet quitting trend is taking hold in finance — once the industry with the most engaged workers, according to a new study. The share of workers who said they’re “very likely” or “extremely likely” to try their hardest …

Women Are Quitting Executive Roles at Faster Rate Than Ever: Report

Women are leaving the top ranks of companies at higher rates than ever before — as female employees remain less likely to get promoted into leadership roles in the first place. For every woman at the director level who gets …

Many Companies Lack Targets for Employee Mental Health: Study

Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear evidence” that such targets can save money. CCLA’s new investor benchmark, which assessed …

Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon)

A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a tool that employers can use to measure and improve the mental health of their workers. The assessment, known as the …

Proposed Australian Law Would Make It Employers’ Job to Stop Sexual Harassment

New legislation introduced into Australia’s Parliament will place a “positive duty” on employers to prevent workplace sexual harassment, as part of sweeping changes to improve worker safety. Under the proposed law, introduced by the government into Parliament on Tuesday, employers …

Swiss Re Underwriter Wins Sex Discrimination Suit After Boss Joked About Her Breasts

A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her “If I had breasts like yours I would be demanding too.” Julia Sommer was unfairly dismissed after …

London Workers Could Save Money by Returning to Offices as Bills Soar: Research

City of London workers looking to save money may want to embrace the office over winter as the cost of working from home soars alongside energy bills. Those prepared to go into the office every day could save about £50 …