From politics to policies - HRD looks at the newsmakers in HR this week.
Silicon Valley just doesn’t stop hiring
A survey of hundreds of hiring managers in Silicon Valley shows 41% of firms in the region intend to increase hiring in the coming quarter, while less than 5% intend to decrease hiring. About 80% of the 13,600 jobs added to California in the past quarter were in the San Francisco Bay Area, which is seeing the highest job growth in the state. And with all that hiring, no doubt there’s plenty of room for new HR positions.
AOL CEO Tim Armstrong still not winning any favors
At AOL’s invitation-only Makers Conference last week, CEO Tim Armstrong refused to take questions from the audience. The conference, which claimed to “reset the agenda for women in the workplace”, raised eyebrows for its timing soon after Armstrong’s controversial comments about “distressed babies”.
Minimum wage set for retailer
In the US, retailer Gap Inc. announced it would set a US$9 minimum hourly rate for its US workforce, which would then be upped to US$10 next year. This comes about as the US federal government debates an increase to a minimum wage of US$10.10 an hour by 2016, The NY Post reported.
“To us, this is not a political issue. Our decision to invest in front-line employees will directly support our business, and is one that we expect to deliver a return many times over,” Glenn K. Murphy, chief executive of Gap, said.