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Job cuts still a fact of life in better business climate

first_img Comments are closed. Almost 70 per cent of people havebeen made redundant or know someone personally who has, a study has found.The report by careerconsultancy Penna Sanders & Sidney concludes that redundancy is a fact ofworking life in the UK.Over a quarter of 1,000people interviewed in Edinburgh, Manchester, Birmingham and London have beenmade redundant at least once. A similar proportion have seen family membersmade redundant and a third know friends whose jobs had been cut.Just over a quarterwere made redundant in the early 1990s when the recession was at its peak, buttwice as many lost their jobs as the economy picked up.Over a fifth were maderedundant this century, despite unemployment being at an all time low.Sally Davis, directorof Penna Sanders & Sidney, said, “The perception is that redundancy issynonymous with recession. Our experience is that in good times whenorganisations are investing, merging, internationalising or restructuring theyare also likely to increase redundancies.”A total of 45 per centfeel employers have a duty to help staff find other work, but only 15 per centthought the opposite.Dr Diana Winstanley,senior lecturer in HR management at Imperial College Management School, said,”As redundancy becomes more commonplace at all levels, employers have aresponsibility to support outgoing staff to minimise the negative impact ofwhat is a very shocking experience.”www.sanderssidney.co.ukBy Ben Willmott Related posts:No related photos. Job cuts still a fact of life in better business climateOn 10 Apr 2001 in Personnel Today Previous Article Next Articlelast_img read more

BYU Women’s Volleyball Earns No. 4 Seed For NCAA Tournament

first_img Written by FacebookTwitterLinkedInEmailPROVO, Utah-Despite a disappointing 3-0 loss to Loyola Marymount to end the regular season, the highly successful BYU women’s volleyball team still earned a No. 4 seed in the upcoming NCAA Tournament as confirmed late Sunday evening when the bracket was released.The 27-1 Cougars will host Stony Brook, the champions of the America East Conference, Friday evening at 7:00 pm at the Smith Fieldhouse.The Seawolves come in with a record of 21-8. The Smith Fieldhouse also hosts the Utah Utes’ match against the Denver Pioneers at 4:00 pm Friday afternoon as the Cougars were selected to be the host team for this pod.This tournament berth commemorates the seventh consecutive season the vaunted Cougars’ volleyball team has qualified for the NCAA Tournament. This is the 31st overall berth in program history for BYU, the seventh-most for a program in NCAA women’s volleyball history.The Cougars have been the top-ranked team in 11 of this season’s 14 American Volleyball Coaches Association coaches’ polls by virtue of their 27-match winning streak.This saw the Cougars vanquish top overall seed Stanford, No. 14 seed Marquette and other Power 5 conference squads Duke, Syracuse, Utah and USC.Senior outside hitter Roni Jones-Perry has been BYU’s brightest star, as she has amassed 487 points on the season. Brad James Tags: America East/BYU Women’s Volleyball/Denver Pioneers/Duke/Loyola Marymount/Marquette/NCAA Tournament/Roni Jones-Perry/Stanford/Stony Brook/Syracuse/USC/Utah November 26, 2018 /Sports News – Local BYU Women’s Volleyball Earns No. 4 Seed For NCAA Tournamentlast_img read more

UnWired conference

first_imgUniversity of GeorgiaThe “UnWired: Rural Wireless Conference” will be Nov. 1-2 at the University of Georgia’s Tifton, Ga., campus. It will bring wireless experts, researchers and users to rural south Georgia.”Anyone who attends this conference will walk away with a much better understanding of the potential of this technology,” said Craig Kvien, chair of the UGA National Environmentally Sound Production Agriculture Lab in Tifton, Ga.The conference keynoter, Hans-Werner Braun, spearheads the High-Performance Wireless Research and Education Network at University of California at San Diego.Funding agencies and those who’ve had wireless projects funded will be at the conference, too.Preregistration is $100. The cost is $125 at the door. A one-day registration is $50. To learn more, go to www.nespal.org/unwired05/.last_img read more

Swiss first-pillar fund AHV reshuffles fixed income portfolio

first_imgSwitzerland’s first-pillar AHV fund is shifting its portfolio away from alpha towards bonds, according to Christoph Zimmermann, head of external investments.In a panel discussion at the Swiss pensions conference Fachmesse 2. Säule, Zimmermann said the CHF30bn (€24.5bn) fund had now invested 10-15% of its 70% fixed income allocation in senior loans, high-yield bonds and emerging market debt.He said another segment the fund was looking to for diversification was convertible bonds.“We have had positive experiences with senior-loan fund products, especially in Europe, as they are very liquid, which was not the case in the past,” he added. Marco Netzer, chairman of the board at AHV, pointed out to IPE earlier this year that the portfolio served the needs of three different funds combined under the Compenswiss umbrella.This, he said, necessitated a relatively conservative approach to investment.The fund also manages money for invalidity compensation scheme IV (CHF4.7bn) and EO, the scheme for people in military service or on maternity leave (CHF600m).At the conference, Zimmermann said the the AHV was “very content with the equity share of 24% ex real estate equities”, which adds another 6% to the fund’s equity allocation.He said the fund had “not yet looked into smart-beta strategies” such as low volatility or dividend strategies, as “around 50% of a total return on equities comes from dividends anyway”.“This means you already have a spread between the dividend yields and bonds, which is very comon in Germany, France, Switzerland and the UK at the moment and slightly less so in the US – this makes the case for a Nestlé share rather than a bond,” he said.This year, the fund will “continuously add indirect Swiss real estate funds” to the portfolio, as costs for the funds “have come down over the last year, from which we are profiting”.Infrastructure, on the other hand, was “not an option” for the AHV, as the fund has a shorter time horizon relative to other schemes, Zimmermann said. At the same time, the AHV has also announced it would diversify its real estate exposure to other parts of Europe and the US.last_img read more

LaLiga Set to Thrill Fans at 2019 Copa Lagos

first_imgAs the 2019 COPA Lagos Beach Soccer kicks off Friday at the Eko Atlantic City in Victoria Island, Lagos, Spanish Football League LaLiga, is set to thrill fans at this year’s edition.The league which is a global partner of Beach Soccer Worldwide (BSWW), will be engaging fans with three days of intense and exciting activities starting today through Sunday, November 3, 2019.As part of the activities line up, LaLiga will engage fans with a LaLiga themed fan zone where they will have the opportunity to experience the various LaLiga clubs. During the event, participants will also have the chance to showcase their football skills with an exciting “Goal Scoring Header” game, all courtesy of LaLiga. This initiative is in line with LaLiga’s efforts in enhancing football experience for its fans across the world.Commenting on the initiative, LaLiga Delegate in Nigeria, Guillermo Perez Castello, said “Copa Lagos offers a great opportunity for us to continue supporting the sport and to reach as many fans as possible. Not only is it a sport that is part of the great football family, but it is also a young and fresh game, through which we aim to reach new audiences. With the series of activities lined up for participants, we hope this event connects us even more with our Nigerian fans”.Since inception in 2011, Copa Lagos has grown from being the first ever international beach soccer event in Nigeria and Sub-Saharan Africa to being recognized as one of the most prominent sporting and entertainment events in the World.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more