1. JPmorgan to hire 500 employees for Latin American offices.
JPMorgan is all set to hire more than 500 employees across the Latin American region as it witnesses growth in the market.
According to a report carried out by Yahoo, the hiring plans of JPMorgan for the next three years are mainly centred around Buenos Aires hub. The new hires will add to the 3,850 employees of the bank based across the Latin American countries namely Chile, Colombia, Peru, Argentina, Brazil and Mexico.
Alfonso Eyzaguirre, JPMorga’s CEO for Latin America and Canada aid, “For 2022, we believe the region will have a challenging year, as Covid is not going away, the Fed is expected to taper and raise rates, local central banks are also increasing rates, and we will have our own idiosyncratic Latin America issues, mostly on the political front.”
2. Google increases parental leaves for employees, offers more vacation time.
Tech behemoth Google has ramped up wellbeing benefits for its full-time employees across the world in 2022, increasing parental leave to nearly six months and offering additional vacation time. The Sundar Pichai-led search engine giant on Thursday announced that it has expanded parental leave to 18 weeks for all parents (previously 12 weeks) and 24 weeks for parents who give birth (previously 18 weeks), media reports said.
It will also let employees take up to eight weeks of caregiver leave, doubling its previous allowance, starting April 2. Also, employees will now get a paid vacation time to a minimum of 20 days a year, up from 15, starting April 2.
In an emailed statement, Fiona Cicconi, Google's chief people officer, said that more than 40% of their employees are in the 'sandwich generation,' where they might find themselves both bringing up their children and caring for aging family members.
"We want to support our employees at every stage of their lives and that means providing extraordinary benefits, so they can spend more time with their new baby, look after a sick loved one or take care of their own wellbeing," Cicconi said.
3. KPMG to give out $160 mln in salary increases.
KPMG has allocated about $160 million of investment on a salary hike of around 35,000 employees. According to a report carried out by HRD Asia, company CEO Paul Knopp made the announcement in a statement.
In the statement, Paul said, “This increase in salaries embodies our commitment to quickly recognise the value our people create for our clients and firm in times of change. Moreover, it reflects our appreciation for their resilience and consistent dedication to serving our clients and the capital markets with quality.” This announcement follows the declaration of the Total Rewards benefits package by the company which aims at enhancing employee benefits in terms of mental, physical, social, and financial well-being. In the statement, Paul further added that this increase was done with reference to a previous study conducted by the company which revealed that employee value proposition is viewed as the "top operational priority to achieve growth objectives."
Additionally, the company will continue to focus on prioritising people through all the employee-oriented initiatives some of which are:
> Diversity, equity, and inclusion ambition defined by Accelerate 2025, which Knopp said sets the company's plan to make measurable progress and make sure all of their employees thrive.
> The $1.5B global investment in expanding our ESG capabilities, focusing on training all their professionals to enable clients and businesses to fully embed ESG into KPMG's strategy and day-to-day.
> The hybrid future, which reflects hundreds of conversations with employees and focuses on a bottom-up approach to define how an individual, a team, and a business works.
No comments:
Post a Comment