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Corporate social responsibility
26 March 2020
Danone guarantees jobs and salaries to all its employees worldwide for 3 months.
On 26 March, during an interview on French radio (RTL), Emmanuel Faber, CEO of the French food group Danone, stated the following commitment on air, “All employment contracts at Danone and all salaries, worldwide, are guaranteed for the next three months.” In addition to not laying off employees because of Covid-19, Danone will cover “all income up to salary level” in the event of recourse to partial unemployment measures, due to supply disruptions in a factory, or the inability of people to...
Managing the fallout of Covid-19
10 March 2020
Great Britain: financial sector still failing to narrow the gender pay gap
While companies with more than 250 staff have until 05 April to comply with the legal requirement to publish their third annual gender pay gap data (c.f. article No. 11073), initial indications from roughly a quarter of these businesses have already started to leak through to the press. One thing standing out from the leaks is that the UK’s dominant financial sector continues to be a laggard. The BBC has calculated that the average salary gap in this sector based on these preliminary numbers has risen to 23.1%...
5 March 2020
Great Britain: investors increasingly more vociferous over the gender gap
The Investment Association, a trade body representing UK investment managers, has written to 63 companies listed on the FTSE 350 criticizing them for the lack of female participation on their supervisory and management boards (BoM). In the letter the IA has called on these major companies to explain how they were working towards improving gender balance and encouraged them to reach the goal of 33% female management board participation by the end of the year, as per the Hampton-Alexander Review recommendation (c.f....
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Digital tools
16 October 2019
Digital tools : UK start-up ‘predicts’ employee resignations
Oxford-based visual data management start-up, Zegami, has just launched a new tool for employers that will enable them to predict which employees are most likely to resign from their jobs. Called Zegami HR, the platform operates using a tailor-made algorithm developed from work carried out at the Oxford University Computational Biology division into the factors that made people happy at work in a company. The algorithm uses relevant data and includes age, salary, career path, academic history, career satisfaction...
30 September 2019
Digital tools: when companies offer work experience that is 100% virtual
Doing an internship at a multinational firm without even leaving the house, and perhaps while still in one’s pyjamas, is now a possibility, thanks to the concept of virtual work experience offered by the Australian start-up InsideSherpa. Since 2017, the company has offered short work experience programmes, exclusively online, at companies from all over the globe. While students see the platform as an unprecedented opportunity to discover large companies and gain experience, employers using this method hope to...
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HR practices
2 April 2020
Sodexo: launches a global employee support program with financing from senior group executives
In a press statement released on 02 April, French food services and facilities management company Sodexo announced, ‘Despite all our efforts, we know that this once-in-a-lifetime crisis currently confronting us will regrettably mean lay-offs for some of our on-site staff in some countries, while strictly adhering to local employment legislation. As a result, we have decided to establish a global Sodexo Employee Relief Program to help on-site staff, who face layoffs.’ The global program will be administered...
Managing the fallout of Covid-19
1 April 2020
Enel: implements insurance cover for all staff globally who need Covid-19 related hospitalization
On 26 March 2020, Italian energy company, Enel Group announced an agreement was signed with the professional services and financial risk-mitigation firm Aon SpA to provide a “Covid-19 Insurance Policy” for all its 68,000 employees worldwide. In the press release, it specified that this insurance was specifically designed to meet Enel Group’s needs and that it represented a pioneering initiative aimed at guaranteeing transnational support against the ongoing global health emergency. The policy...
Managing the fallout of Covid-19
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Industrial relations
3 April 2020
Spain: Inditex keeps Zaragoza logistics centre up and running thanks to volunteer staff who will work two days
Trade unions and management of the main logistics centre of Spanish clothing giant Inditex, which owns Zara, have struck an agreement on how the site’s operations will be curtailed during the total shutdown of the Spanish economy until 9 April, as decreed by the government. The social partners agreed to keep activity at a minimum during this period, with teams working two days on a voluntary basis and in three shifts of four hours each. This volume of operation corresponds to 15% of the site’s usual weekly...
Managing the fallout of Covid-19
2 April 2020
France: crisis agreement struck at Renault includes solidarity mechanism to boost compensation during short-time working and prepares for resumption of activity
The CFE-CGC, CFDT and FO unions announced yesterday, on 1 April, that they are to sign a contract “of solidarity and for the future”, which guarantees 100% remuneration for employees placed on short-time working because of the coronavirus and sets out the conditions for business resuming.
Managing the fallout of Covid-19
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Legal developments
2 April 2020
EU: EU Commission seeks to mobilise €100 billion to support short-time working measures
After having adapted its budget and state aid rules, the European Commission is now proposing a ‘second wave’ of measures aimed at mitigating the economic impact of the Coronavirus pandemic. Presented on 02 April, this second wave includes the establishment of a European support system for short-time working schemes, of up to €100 billion in total, called SURE (Support to mitigate Unemployment Risks in an Emergency).
Managing the fallout of Covid-19
2 April 2020
Austria: social partner agreement for faster access to partial unemployment
On 01 April, the Austrian Trade Union Federation (ÖGB) and the Austrian Federal Economic Chamber (WKÖ) announced that they had reached an agreement “for maintaining company operations”, which in particular provides for faster procedures for partial-unemployment  applications. Going forward, the formerly mandatory WKÖ agreement for each request concerning “Covid-19 partial unemployment” (c.f. article No. 11724) will in principle already have been acquired. The “Austrian Employment...
Managing the fallout of Covid-19
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