Items tagged with Employment
After being put under the microscope by the media and, more recently, by its customers following a rash of suicides that occurred at its Shenzhen, China factory, Foxconn said it is issuing another round of significant pay raises, the second time that this has been done this week. According to a report in The New York Times, Foxconn plans to raise basic salaries for most of its 800,000 workers in China to nearly $300 a month within the next 90 days. That's about double what the workers were making just a couple of weeks ago, and also is indicative of rising labor costs in China's biggest manufacturing hubs. Lost in the shuffle of all the suicides that have taken place, market analysts say that...
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The folks over at Glassdoor.com have been busy mining through their data of user-submitted information and have assembled lists of the best and worst places to work. The lists are based on data from almost 75,000 participants in 2008, representing over 11,000 companies, from a 20-question survey. A number of tech companies made significant showings in "The Top 50" best places to work, including Netflix (rank: 3), Adobe (rank: 4), and Google (rank: 7). For a company to be considered for the list, it must have at least 25 user-submitted reviews from U.S.-based employees, "satisfied" or better ratings in all categories, and at least a 50-percent approval rating for its CEO. Because of the requirement...
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You've got your CEO, CFO, Division Managers and so forth. CIO came with the importance of electronic communications and the internet. But now we add another title to the alphabet soup of corporate management: CSO, or Chief Security Officer. Research from the Economist Intelligence Unit shows the number of CSOs taking ultimate responsibility for the security of a business has almost doubled year-on-year. Although the CIO still has sign-off on security decisions in 30 per cent of organisations, 12 per cent of respondents said they now have a CSO who assumes that responsibility. This is up from seven per cent last year. Denis McCauley, director...
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