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Capital One invests more time in finding right staff

first_imgRelated posts:No related photos. Capital One invests more time in finding right staffOn 1 May 2001 in Personnel Today Credit card issuer Capital One has cut turnover at its Nottingham callcentre by spending more time recruiting to ensure it hires the right people forthe job. The firm has a turnover rate of 18 per cent among call centre staff, about10 per cent lower than average for the sector. Capital One’s management turnover is also about 10 per cent lower thanaverage at 5.8 per cent. Laurie Hibbs, head of management recruitment at Capital One, said thesefigures have been achieved by their painstaking recruitment process. He said, “We hire from the top 5 per cent in the workplace. We use acombination of psychometric testing, behavioural interviewing, case studies andsome elements of personal profiling. A lot drop out, but we’re sure we have thebest person for that role.” Hibbs told Personnel Today that the company’s excellent benefits alsocontributed to the low employee turnover. These include a gym, a subsidised restaurant,a generous pension scheme and an employee share purchase plan. Hibbs said although Capital One paid average salaries, the total rewardpackage for staff was in the top 10 per cent in the sector. A bonus scheme plays an important part of the firm’s reward strategy and isdirectly linked to an individual’s performance. Capital One also contributes £50 per person every quarter towards a funbudget that is used to organise parties, excursions and other team events. A staff survey revealed 95 per cent of employees were satisfied with thepeople they worked with and 93 per cent were proud to work for Capital One. By Ben Willmott Comments are closed. Previous Article Next Articlelast_img read more

Gorillaz, Metallica, The Who To Headline 2017 Outside Lands

first_imgHeading to Golden Gate Park in San Francisco, CA, the annual Outside Lands Music Festival has revealed their 2017 lineup! Scheduled from August 11-13, the 10th annual festival will see headlining sets from Metallica, The Who, Gorillaz (!!!!!) Lorde, A Tribe Called Quest, Alt-J, Queens of Stone Age, Above & Beyond, Fleet Foxes, Empire of the Sun, The Avett Brothers, Solange, and Belle and Sebastian.There are a lot of performances on the lineup for fans to get excited about, including Rebelution, Little Dragon, Tove Lo, Louis The Child, Sleigh Bells, Shovels & Rope, Thundercat, Dawes, and so many more.Check out the full lineup below, and head to the official website for tickets and more information.last_img read more

Policy Momentum in Illinois Toward Renewable- Energy Uptake

first_img FacebookTwitterLinkedInEmailPrint分享Midwest Energy News:A recent report highlighting the expansion of the clean-energy workforce in Illinois reflects a broader trend toward a Midwestern power system that is more networked, more decentralized, and more dependent on solar, wind and other renewable energy sources.Nearly 120,000 Illinoisans were working in clean energy in 2016, representing a 4.8 percent increase over the prior year, according to a study released last week.The analysis – which is based on U.S. Bureau of Labor Statistics data and a survey of thousands – was conducted by Clean Energy Trust (CET), a Chicago-based cleantech accelerator, and Environmental Entrepreneurs (E2), a national group of business leaders that advocates for economic and environmental policies.Recent legislation and private investments suggest that the clean energy workforce in Illinois will continue to grow.Many hope last December’s passage of the Future Energy Jobs Act will spark a boom in renewables, efficiency and smart grid activity in the state. The act requires that at least 4,300 megawatts of new solar and wind power be built in Illinois by 2030. It also provides $750 million for programs that provide training for new energy jobs and for utility-bill subsidies for low-income customers, seniors and disabled veterans.“Illinois is definitely a regional leader,” says Parson. “We expect with the passage of the Future Energy Jobs Act that there will be even more growth in the industry. That policy fixes the broken [renewable energy standard] and also is encouraging utilities to do more energy efficiency.”Earlier this year, utility ComEd doled out $30 million to area business associations to “develop training programs related to solar and energy efficiency as a part of the FEJA’s goal to prepare a workforce ready for the future energy industry.” The utility opened a brand-new training facility last year in southwest Chicago, made possible by the state’s 2011 smart grid law.Illinois is also gearing up for the launch of NextGrid, an 18-month consumer-focused study of critical issues facing the state’s electric utility industry in the coming decade and beyond. The Illinois Commerce Commission, a regulatory body, is managing the process, and, in August, it was announced that the Power and Energy System Area of the Electrical and Computer Engineering Department at the University of Illinois at Urbana-Champaign, will be the lead facilitator. A launch event is scheduled for September 28.Smart grid or “advanced grid” jobs make up only a sliver of the Illinois clean economy, the survey found – a mere 1,430 jobs or 1.2 percent of the state’s clean-energy jobs. That figure is up 2.1 percent over the previous year. Over 70 percent of Illinois advanced grid jobs are in energy storage, while the rest are categorized as “smart grid” jobs.The vast majority – 78.4 percent – of Illinois clean-energy jobs are in the energy efficiency sector. “Traditional HVAC” jobs leads this category and Illinois clean-energy jobs overall, with 36,058 jobs. E2 described the category in an email to Midwest Energy News:“Jobs in traditional HVAC include technicians that install energy star appliances and count any portion of their work toward advanced efficiency technologies. We find this category helpful because it gives us a sense of how the industry is changing and how more HVAC workers are doing work in energy efficiency.”More: Advocates expect continued growth in Illinois clean energy jobs Policy Momentum in Illinois Toward Renewable- Energy Uptakelast_img read more

The costly career mistake millennials are making

first_imgMore than 60% of millennials don’t negotiate salary when receiving their first job offers. It’s costing them big time over the course of their Kerri Anne RenzulliWhen millennials land job offers, it seems the only question they’re debating is whether to accept. But they should also be thinking about the terms of that acceptance, since there’s a good chance they’re being offered less than they deserve.Maybe it is because we are just grateful to get any job offer, or maybe we feel we don’t have enough leverage to make a strong case, but only 38% of millennials negotiate their first salary, according to a new survey from NerdWallet and Looksharp, a company that helps connect graduates with jobs.That unwillingness to haggle and ask for more is costing us thousands of dollars a year. Three-quarters of employers said they could raise starting salary offers by 5% to 10% during negotiations, according to the survey, which collected responses from 700 employers and almost 8,000 recent grads who entered the job market between 2012 and 2015.There appears to be little risk in asking for a modest pay bump. Of the grads who did ask for a salary increase, 80% were at least partially successful. The vast majority of hiring managers—90%— said they had never retracted an offer because an entry-level candidate attempted to negotiate. Rather, 76% said candidates who negotiated appeared more confident for doing so. continue reading » 22SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Three disruptive forces shaping the future of banking

first_imgFinancial institutions are facing pressure from all angles to adapt their business Andrew TilburyThree forces are shaping the future of banking: Technology innovation, demographics, and the emergence of new business models.For most traditional financial institutions, technology innovation is a weakness. Instead of innovating, many credit unions and banks rely on third-party firms—from established core providers to startups—to provide them with a mix of products they can repackage and resell to their members and customers.True innovation—the kind that challenges existing business models and creates new sources of value—for the most part is not happening in financial institutions.Instead, nontraditional financial services firms—including technology, retail, and telecom sectors—are driving innovation with the potential to disrupt the banking industry and challenge the dominance of traditional financial institutions. continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

9 ways to cut costs for a week & maintain a budget

first_img 46SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Saving money can be really challenging — sometimes after basic necessities like food, phone, and rent, it can seem like we already don’t really have anything left to put away. However, there are actually plenty of ways to cut your spending this week alone, and they’re usually in places that we don’t even think about.In an article on cutting your spending in U.S. News and World Report, CPA and bestselling author of Save Wisely, Spend Happily Sharon Lechter said, “Either you are a master of your money, or a slave to it. Use your mind and have fun.” On her personal website, Lechter suggested many tips for saving more, and the bulk of them come down to small, everyday tips as opposed to huge, life-altering changes. It usually just comes down to becoming aware of the places we spend money without even really thinking about it — like going to an evening movie instead of a cheaper matinee, or buying books when we have a library right down the street.If you’ve recently taken stock of your finances and decided that you want to spend less and save more but don’t know where to begin, don’t fret. I’ve compiled nine extremely simple tips that you can try for a week or two to cut your daily expenses — and they almost all entail minimal self-sacrifice. continue reading »last_img read more

Glen Cove Man Tried to Film Woman in Bathroom, Cops Say

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York An employee at a Glen Head restaurant has been arrested for allegedly trying to record a video of a customer using the woman’s bathroom at the eatery, Nassau County police said.A 27-year-old woman reported to police that she was going to the bathroom at Jack’s Shack Organic Eatery on Glen Cove Avenue when she noticed a recording cell phone taped under the sink pointed at her shortly before 2 p.m. Wednesday, authorities said.The victim saw a male employee leaving the women’s room prior to the incident, police added.The employee, 43-year-old Edward Ramirez of Glen Cove, was charged with attempted unlawful surveillance. He will be arraigned Thursday at First District Court in Hempstead.last_img read more

COVID-19 impacts across Indonesia’s business sectors: A recap

first_imgTopics : Read also: Coronavirus cancellations continue to hit tourism in super-priority Labuan BajoThe Indonesian Travel Agents Association (Astindo), meanwhile, recorded an almost 90 percent drop in sales due to cancellations as of March 12. The association noted that potential losses in February alone could reach Rp 4 trillion (US$244.96 million) among its members.These cancellations directly affected the livelihood of tour guides. Agustinus told the Post on March 16 that at least 511 licensed tour guides in NTT had lost their main source of income due to the recent turn of events.PHRI chairman Hariyadi B. Sukamdani said the total estimated losses calculated from January due to tourists canceling their trips was about $1.5 billion, of which $1.1 billion were from cancellations made by Chinese tourists and $400 million from cancellations by tourists from other countries.Hotel industryHotel occupancy rates have plunged well below the seasonal average across Indonesia, an industry group reported. PHRI secretary-general Maulana Yusran said the country’s overall occupancy rate had fallen to 30 to 40 percent since the outbreak started in early January, below the regular low season average of 50 to 60 percent, with some hotels dropping as low as 20 percent after Indonesia announced its first cases on March 2.Read also: Hotel occupancy hit hard by coronavirusPHRI regional head in Batam Muhammad Mansur told the Post on Friday that between March 23 and March 26, as many as nine hotels in Batam had shut down operations, laying off more than 1,000 workers, as their occupancy rates had plunged to below 5 percent. Aviation industryIndonesian airlines have seen a drastic decline in passenger numbers since early March, prompting many to take efficiency measures and laying off their employees.Indonesia National Air Carrier Association (INACA) chairman Denon Prawiratmadja said on Thursday that all airlines had cut their flights and routes by 50 percent or more because of a drop in passengers.Passengers sit and wait for flight departure schedule at the Domestic Departure Terminal, I Gusti Ngurah Rai International Airport, Bali on March 18, 2020. (Antara/Fikri Yusuf)State-owned airport operator PT Angkasa Pura I (AP I) reported as many as 12,703 flight cancellations affecting 1.67 million passengers in January and February. Of them, 11,680 were domestic flights and 1,023 were international.The airport operator suffered financial losses of up to Rp 207 billion due to the cancellations, president director Faik Fahmi said on March 6.Read also: 12,000 flights canceled over virus fears: AP IFood and beverages industryPT Moka Teknologi Indonesia, a homegrown start-up that provides digital cashier services to more than 30,000 merchants in Indonesia, reported that out of the 17 cities it observed, the food and beverage (F&B) industry in 13 experienced a significant decrease in daily earnings.Internal data from the company showed that Surabaya in East Java and Bali saw the biggest drop, with the F&B industry in Surabaya experiencing a 26 percent fall in daily earnings and Bali 18 percent. They are followed by Greater Jakarta, particularly Depok in West Java, Tangerang in Banten, West Jakarta and East Jakarta.As a result, major restaurant chains that employ thousands of workers in total have chosen to temporarily shut down operations. Among them are Ismaya Group, which has more than 20 restaurant brands with more than 60 outlets in the country, and the Boga Group, which runs more than 150 restaurants and employs more than 5,000 people.Retail industryAccording to Moka’s internal data, the retail industry in seven cities and municipalities out of the 17 have been affected by the pandemic, with the five most impacted being West Jakarta and Central Jakarta municipalities, South Tangerang in Banten and Depok and Bandung in West Java. The biggest decline in daily earnings was recorded in West Jakarta, which suffered a 32 percent fall in daily earnings per outlet. The number of visitors to shopping malls has also decreased, prompting several malls to temporarily close their doors but still opening access to tenants serving basic needs, such as supermarkets and drug stores. In Bandung, six shopping malls have partially closed as of Wednesday.Read also: Jakarta mall tenants object to idea of citywide lockdownIndonesian Shopping Center Tenant Association (Hippindo) chairman Budihardjo Iduansjah told on March 16 that the number of mall visitors had dropped by up to 50 percent following the first announcement of positive COVID-19 cases. That number fell further after the government urged people to stay home in mid-March. (ydp) The Jakarta Post has followed recent developments closely and compiled the adverse impacts of COVID-19 on the country’s economy so far. Travel industryPopular holiday destinations in Indonesia have grappled with cancellations from hundreds of thousands of tourists, incurring losses worth trillions of rupiah. The Indonesia Tour Guide Association (HPI) regional head for East Nusa Tenggara (NTT), Agustinus Bataona, said on March 11 that around 45,000 tourists had canceled their plans to visit major destinations in the region from January to May.center_img It is only three months into 2020, but businesses across different sectors in the country have been hit hard as the COVID-19 pandemic wreaks havoc on economic activities nationwide. The highly infectious pneumonia-like disease has spared only a few businesses, mostly offering healthcare products and services, while many others, from airlines and hotels to retail and food and beverage industries, have taken a hard hit. The government officially announced the first two confirmed COVID-19 cases at the beginning of March. Several sectors felt the blow in the form of major disruptions in cash flow and business operations as the outbreak spread like wildfire, forcing some employees to work from home, while others became victims of unemployment. last_img read more

First Lady Frances Wolf Joins Advisory Commission on Asian Pacific American Affairs to Honor Pennsylvanians

first_img Asian Pacific American Affairs,  First Lady Frances Wolf,  Governor’s Residence,  Press Release Harrisburg, PA – First Lady Frances Wolf today joined Governor Tom Wolf’s Advisory Commission on Asian Pacific American Affairs (GACAPAA) to host the first annual Asian American and Pacific Islander (AAPI) Recognition Ceremony to celebrate the beginning of AAPI Heritage Month. 31 Asian Americans from across the commonwealth were recognized at the Governor’s Residence for their outstanding contributions and dedicated service to the AAPI community and Pennsylvania.“Those being honored today have made incredible contributions to their respective communities – and to the commonwealth. Many of them have also overcome significant challenges along the way,” said First Lady Frances Wolf. “That is exactly why Tom and I, along with the Governor’s Advisory Commission on Asian Pacific American Affairs, are welcoming them to the Governor’s Residence today in celebration of Asian American and Pacific Islander Heritage Month. It is important for us to pause and recognize the profound contributions each of these individuals has made to Pennsylvania.”“According to the U.S. Census Bureau, the AAPI communities in Pennsylvania saw an 18.3 percent increase between 2010 and 2015, compared to an increase of only 1.3 percent for the total population in the commonwealth,” said Commission Chair Bibhuti Aryal. “This community is rapidly growing, and the 31 individuals being honored today are a great representation of the more than 400,000 AAPIs currently in Pennsylvania.“On behalf of the GACAPAA, we are honored to join First Lady Frances Wolf to recognize these 31 individuals for their outstanding contributions to the AAPI communities across Pennsylvania. These individuals deserve recognition, and we are honored to share their unique stories and accomplishments.”View Governor Wolf’s proclamation commemorating May 2018 as AAPI Heritage Month.05.01.18 – GACAPAA by Governor Tom Wolf on Scribd First Lady Frances Wolf Joins Advisory Commission on Asian Pacific American Affairs to Honor Pennsylvanians May 01, 2018center_img SHARE Email Facebook Twitterlast_img read more

OGTC Gets Positive Response to Its First ‘Call for Ideas’

first_imgThe oil and gas industry has said it may be one step closer to transforming well plug and abandonment (P&A) as 45 potential solutions were submitted for its first ‘Call for Ideas’.The OGTC received ideas and concepts that could have a material impact on this transformation, against three specific themes: modelling the probability of hydrocarbon flow to the surface; verification of permanent barriers; and new barriers – placement and materials.Applicants now have three stages to navigate if they’re to grab a slice of the c.£1 million fund:Discover: Ideas are assessed independently by a review panel.Develop: Applicants successful at the discover stage are invited to work with the Oil & Gas Technology Centre team to further develop their idea.Deliver: Ideas that are fully developed and viewed as suitable for deployment are reviewed with industry partners to enable final investment decisions and project sanction.Malcolm Banks, well construction solution centre manager for the Oil & Gas Technology Centre, said: “We’re delighted with the response to our first Call for Ideas. There is an urgency from industry to find more cost-effective and efficient methods of P&A and we hope the ideas submitted are the next step in delivering this.“We received a wide range of ideas across the three themes and we look forward to working with our expert panel to review these in the coming weeks.”The OGTC  two further Calls for Ideas ongoing, focused on using robotics to enhance pressure vessel and tank integrity, and solutions which could help unlock the 225 marginal discoveries in small pools across the UK Continental Shelf (UKCS). More information can be found on our website.last_img read more

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