News Roundup

News Roundup (1225)

Home Depot Boosts Pay with $1B Investment Amid Low Profit Forecast  

Home Depot is betting a $1 billion investment to lift hourly wages will pay off even as it predicts a weak sales environment and a hit to its profits this year. So reports CNBC.

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Goldman Sachs To Shell Out $215M To Settle Gender Bias Suit

Goldman Sachs is paying millions to quash a class action lawsuit that alleges the Wall Street investment banking giant is bias against women when it comes to pay and promotions. So reports Reuters.

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New Law Subjects AI Employment Decision Tools To Bias Audits  

New York City has adopted a rule that seeks to keep a close eye on so-called automated employment decision tools and artificial intelligence that are used by employers. So reports The National Law Review.

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HR Takeaways from Forgoing Meetings for One Month

One company’s decision to put all meetings on hold for a month is helping it evolve its overall communications approach. So reports Human Resource Executive.

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Bare Minimum Mondays: TikTok’s Newest Viral Workplace Craze  

The dreaded feeling of starting another workweek inspired a woman to show how she is fighting back and now her TikTok video has become viral. So reports CNBC.

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McDonald’s Reorg Means Hundreds Of Layoffs  

McDonald’s employees are feeling the pain from a reorganization plan announced in January that will translate to hundreds being laid off. So reports Restaurant Business.

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What Email Sign-offs Reveal About Your Work Mood

A recent survey finds that 46% of respondents say they know how cheery or blah their work colleagues are based on how they sign off in their email. So reports a recent Preply blog post.

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Biden-Harris Admin Launches $1 Billion+ Global Gender Equality Effort

The Biden-Harris Administration is targeting Africa with the launch of a public-private initiative to narrow the economic and digital gender gap. 

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Maternity Benefits Provider Offers Birth Doula Service  

A maternity benefits provider is helping human resources and benefit provider teams to expand their family benefits to include birth doulas. So reports Employee Benefit News.

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PepsiCo Deploys Delivery Trucks As Recruitment Platforms  

PepsiCo recently outfitted 28 of its delivery trucks with the logo “She is PepsiCo”, along with a photos of women employees and in conjunction with a TV and digital advertising campaign to highlight its female workforce. So reports Human Resource Executive.

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