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Recent Editions
Human Times
North America
Recent actions by companies like Ford and Lowe's to dismantle their diversity, equity, and inclusion (DEI) initiatives have raised concerns about alienating LGBTQ+ employees. According to a survey by the Human Rights Campaign (HRC), nearly 80% of LGBTQ+ respondents indicated they would boycott companies that rolled back DEI policies. Furthermore, 20% stated they would consider quitting if their employer made such changes. The survey highlights that over 72% of participants felt their workplace experience would suffer due to these rollbacks. Despite some companies facing pressure to eliminate DEI programs, the data suggests that LGBTQ+ employees are closely monitoring corporate support for their community, with 93% believing that a perfect score on the Corporate Equality Index reflects strong support. As the backlash against DEI initiatives grows, it remains to be seen how companies will respond to the voices of their LGBTQ+ workforce.
Full IssueHuman Times
UK
PwC has told its UK employees that it will start monitoring their office attendance as the firm toughens up its hybrid work policy. A memo sent to staff on Thursday by managing partner Laura Hinton also told staff and partners that they should spend at least three days a week in the office or with clients, up from two or three days previously. “We will start sharing your individual working location data with you on a monthly basis from January as we do with other data such as chargeable hours,” Hinton wrote in the memo. “This will help to ensure that the new policy is being fairly and consistently applied across our business.” She added: “We all benefit from the positive impact of a hybrid approach, but the previous guidance of at least two to three days a week was open to interpretation.”
Full IssueHuman Times
Europe
Volkswagen's finance chief, Arno Antlitz, has warned that the core VW brand has "one, maybe two" years to implement significant cost reductions, including potential plant closures in Germany, if the brand is to survive the shift to electric cars. During a meeting with 16,000 workers, he highlighted a shortfall of about 500,000 cars, equivalent to two plants, due to a shrinking market post-pandemic. Works Council chief Daniela Cavallo expressed that management had "massively damaged trust" and urged CEO Oliver Blume to prioritise job security over costly software partnerships. Amidst rising economic challenges in Germany, Labour Minister Hubertus Heil emphasised the need for the company to secure employment while the government considers tax reductions to stimulate demand for electric vehicles. Volkswagen aims for a 6.5% profit margin by 2026, up from 2.3% in the first half of this year, but faces pressure from unions to address plant closure threats before wage negotiations in October.
Full IssueHuman Times
Middle East
In August, Saudi Arabia's private sector welcomed 37,009 new local employees, reflecting a 6.94% increase from July's figures. The National Labor Observatory reported that the total workforce in the private sector reached 11,572,408, marking a 0.86% rise from the previous month. This growth is attributed to the government's strategic initiatives aimed at enhancing local talent and aligns with the Vision 2030 goals to diversify the economy. Notably, Saudi nationals now make up 2,369,828 of the workforce, including 972,682 women, showcasing efforts to promote gender inclusivity. The Private Sector Empowerment Program, known as Tawteen, has been instrumental in encouraging Saudization by providing incentives for companies to hire and train nationals. The government's focus on job creation is seen as crucial for economic transformation, and is supported by reforms from the Ministry of Human Resources and Social Development.
Full Issue