Boeing reportedly looks to cut up to 8,000 jobs this year | Research indicates having women in leadership boosts reputation | Most recruiters hire for salary, not skills, survey finds
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Boeing plans to cut as much as 10% of the 80,000-person workforce in its commercial aviation business, as part of its effort to cut costs by $1 billion and better compete with rival Airbus, people familiar with the matter told Reuters. A Boeing spokesman said the company doesn't have a specific target for job cuts and that the 8,000 figure is hypothetical.
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Organizations with women in senior management benefit from a boost in reputation, according to research from Weber Shandwick. The reputation boost can help recruitment efforts and increase positive exposure to consumers.
Sixty-two percent of hiring managers say they regularly choose candidates based on salary requirements, not skills, according to a TimesJobs.com survey. The survey, which aimed to identify common hiring mistakes, found that 55% of organizations fail to post clear job descriptions and only 58% carry out reference checks on potential hires.
About 35% of working millennials are offered free food at work by their employers, but just 29% have employer-sponsored health insurance, 22% have dental insurance and about 20% have a 401(k) plan, according to a survey from Jobvite, which makes recruiting software. Many millennials have part-time or freelance jobs, and some may have health insurance through an Affordable Care Act marketplace, says Rachel Bitte, chief people officer at Jobvite.
Bank of America is extending paid time off for maternity, paternity or adoption leave from 12 weeks to 16 weeks for US employees. Health and wellness benefits executive Jim Huffman said the change was spurred by employee feedback and changes in the marketplace.
About one-fifth of employees are willing to sell their work passwords to hackers, a SailPoint survey has found. That's up from 2015, when just 1 in 7 said they would sell their account details. US workers were most likely to say they would sell their passwords, while employees in Australia and the Netherlands were least likely to do so.
The Software Guild CEO Eric Wise brings prospective hires in for at least a full day to see what they can do in a real work environment. "You would never hire a wedding band without a demo, and yet it surprises me how many people get hired without showing how well they can perform," he writes.
