Businesses benefit from having substantial shareholders as directors on audit committees, but only when they are utilising swing trades, new research shows. The research compares the presence of these experienced directors as opposed to independent directors in management of Australian companies listed on the ASX.
In recent months, debates about global economic inequality have reached boiling point. In Britain, voters will soon decide whether to exit the European Union against the backdrop of a growing Brexit movement fuelled by perceptions of an unfair European trading system.
The Obama Administration issued new rules this week that will allow millions more Americans to qualify for overtime pay. The Labor Department regulation, which will take effect in December, will double the annual threshold that helps determine who qualifies for overtime when they work more than 40 hours in a week.
Under the new rules, anyone who makes less than US$47,476 will be eligible for overtime pay (the old threshold was $23,660).
Reading the headlines on Gen Y, Gen X and millennials it’s clear many people believe distinct generational categories exist, that there are very real differences between them,
The world today is characterised by increasing variety, interdependency and connectivity, complexity, change, ambiguity, seamlessness and sustainability. There’s no doubt that more intelligent leaders are needed to deal with these emerging challenges and demands.
However, the world is relentlessly fast and dynamic. This means that leaders face a real risk of becoming merely the sum total of unreflected, undigested, constantly and rapidly accumulating experiences and information.
The head office of the 7-Eleven franchise is dismantling an independent claims panel headed by Professor Allan Fels, established in the immediate wake of the underpayments scandal. In its place, 7-Eleven Stores Pty Ltd (7-Eleven) intends to process any outstanding wage claims in-house.
In response, Professor Fels is calling for the Senate to reopen the original inquiry into the scandal now that the compensation process has been railroaded by head office:
Uber, the popular ride-hailing app, just announced it has settled two class action lawsuits in California and Massachusetts in which drivers sought classification as employees and entitlement to overtime pay and more transparent handling of tips.
The outlook is often bleak for young adults with autism spectrum disorders (ASD). Even when they manage to graduate from high school or college, it is very difficult for them to find a full-time job.
While there are many programs that help them interact with society when they’re young, those services are typically cut off by the time they graduate, leaving them with few options if they’re unable to navigate the work world on their own.
