A nightmare on Wall Street | Are employers ready to hire workers without degrees? | Musk's nonunion stance violates labor law, NLRB says
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Mike Picarella was only one victim of Eileen Hedges, a Wall Street executive who nurtured a toxic culture of bullying and sexual harassment that went unchecked for years, David Dayen writes. Dayen details Picarella's experience of reporting Hedges to HR, hiring a lawyer and enduring unexpected fallout that overlapped with federal accusations of money laundering, internal investigations and a shocking trial verdict. HuffPost (7/12)
As competition for workers increases, a survey shows that 66% of organizations say they're open to hiring candidates with a recognized certification or a certificate instead of a bachelor's degree. Other research reveals a degree gap in some occupations, including supervisors and secretaries, where degrees are asked for, but few candidates qualify. Society for Human Resource Management online (tiered subscription model) (7/11)
House panel votes to postpone tax on high-cost plans, suspend ACA penalties The House Ways and Means Committee approved a bill that would postpone a tax on high-cost employer-sponsored health plans until 2022 and suspend employer-mandate penalties incurred from 2015 through 2019. The panel also advanced legislation that would permit anyone to buy a catastrophic plan and allow consumers to use the Affordable Care Act's tax credits for plans bought outside of ACA exchanges. The Hill (7/12)
Researchers are concerned workplace automation in factories throughout Southeast Asia will increase human trafficking and labor abuses, according to a report from supply chain analyst Verisk Maplecroft. As robots replace low-skilled workers, these individuals likely will have to take jobs that pay less and put them at risk of exploitation, Annie Kelly writes. The Guardian (London) (7/12)
Workplace Chatter
Sorry, AC/DC: Rock 'n' roll is noise pollution -- to lady beetles When researchers played AC/DC at loud volumes, lady beetles ate nearly half as many soybean aphids -- an agricultural pest -- as when they ate in silence. Country and folk music, however, had no impact on the beetles' appetites, writes researcher Brandon Barton. The Conversation (US) (7/10)
Familiarity with danger makes a brave man braver, but less daring.
