The US Securities and Exchange Commission has filed criminal complaints against former Nissan Chairman Carlos Ghosn and another former executive, Greg Kelly, on suspicion that they underreported Ghosn's income. Prosecutors in Japan reportedly suspect Ghosn's income was underreported by roughly $80 million over five years. USA Today/The Associated Press (12/10)
Employers need all levels of management Companies facing challenges in finding both lower-skilled and higher-skilled workers are turning to automation for lower-skill tasks and focusing on "upskilling" current employees. A DHL study of companies in the logistics industry found that 46% of those surveyed had trouble finding middle management, 73% had trouble finding high-level management and 58% said finding employees with a combination of tactical and operational experience was difficult. CNBC (12/7)
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Companies giving anniversary rewards in lieu of pay hikes With the unemployment rate at 3.7%, some companies are rewarding employees for their years of service by providing anniversary awards. The 2018 Benefits Survey of the Society for Human Resource Management found that 63% of companies offer workplace anniversary rewards, with rewards rising 9% in a year. Reuters (12/10)
The HR Leader
Leadership practices to remember during hard times Facing difficulties and losing hope at some point while being in a leadership position is expected, Jeanie Cockell and Joan McArthur-Blair write. Overcoming this feeling of despair can be done by finding things to appreciate, asking positive questions and keeping track of progress. SmartBrief/Leadership (12/6)