Global HR headlines: Probation policies on the way out, companies willing to pay big for crypto talent, and rudeness can be deadly
Companies and countries are trialling new methods of work, from reduced days to no probation period.
Despite strong revenue growth at Amazon, the incoming CEO will need to address a restless workforce and attempts at unionisation. Talent is the talk of the town as companies start to eliminate the need for a probation policy as a competitive recruitment edge and salaries skyrocketing at crypto companies. Meanwhile, Japan does the unthinkable by asking employers to consider a four-day work week – and a new study shows that rudeness in the workplace can have deadly consequences.
No probation a competitive edge for companies
Data analytics solutions company Clairvoyant has eliminated its probation policy. This is part of the evolution of HR policies that companies are leveraging to manage retention rate and get a competitive edge in recruitment. The company said that new hires will now be confirmed on day one with full eligibility to several benefits, reports ET HRWorld.
Under the changed policy, all offers will now have a confirmation clause effective the date of joining and the services of all its current employees who are under probation will be confirmed.
Restless workforce challenge for new Amazon CEO
Andy Jassy has replaced Amazon founder Jeff Bezos as CEO, taking over the reins as the company navigates the challenges of a world fighting to emerge from the Covid-19 pandemic.
Jassy takes the helm at a time when the trillion-dollar company has more than tripled its profits and is posting record revenue as customers grow more dependent on online shopping.
Internally, however, Amazon faces activism from a restive workforce just as a rapid economic recovery causes a labour crunch that has retailers, manufacturers and other companies competing for workers with higher wages and other benefits, reports AP.
Bezos takes over the role of executive chair, with plans to focus on new products and initiatives.
Workplace rudeness can have deadly consequences
A study, published in the Journal of Applied Psychology, has found that rudeness can boost negative emotions, narrowing workers'’perceptions and incurring biases in judgment. The findings suggest that these behaviours can have deadly consequences in certain situations, reports ANI.
“While small insults and other forms of rude behaviour might seem relatively harmless compared to more serious forms of aggression, our findings suggest that they can have serious consequences,” said lead researcher and post-doctoral fellow Binyamin Cooper.
“Our work demonstrates how dangerous these seemingly minor behaviours can be, whether they are experienced directly or even if people just observe incidental rudeness,” he added.
Four-day work week for Japan
Japan, known for its rigid work culture, is entertaining changes to the standard workweek few would have predicted even several years ago.
The country’s annual economic policy guidelines unveiled plans to push employers to adopt four-day work weeks, to support employees who want to further their education, take care of family members or simply to go out, spend money and even meet others.
In proposing four-day weeks, Japan joined Spain, which is launching a three-year, nationwide, voluntary 32-hour week experiment, and several other countries have been mulling the prospect, according to The Washington Post.
Crypto talent in high demand
A frenzy of interest in digital currencies has taken the world by storm, as the biggest companies on the market are looking for top-notch talent. However, experience remains a key issue. The director of talent acquisition at Crypto.com, Tom Lau, says finding experience in the field of crypto is a challenge most crypto firms have to tackle, according to The Strait TImes.