Hotel, restaurant industry hoping for more foreign exchanges to raise employee standards

DAVAO CITY -- The Council of Hotel and Restaurant Educators of the Philippines (COHREP) hopes to strike more international faculty exchanges as a means of raising standards for staffing in the tourism industry.

Netflix to let shareholders nominate board members

NETFLIX INC on Wednesday amended its bylaws to allow its shareholders with a 3 percent stake to nominate board members, a year after shareholders voted in favor of such a proposal, known as proxy access.

Rising corporate market power could hit workers, investment: IMF

WASHINGTON -- The growing market power of a small fraction of companies in wealthy countries could crimp investment and hurt workers, the International Monetary Fund said on Wednesday, as the growing role of tech giants like Google fuels debate about regulation of the industry.

Three common biases of employers against job applicants

By Rey Elbo
I’m a 48-year old balikbayan who lived in the United States for 15 years. Now, that I’m back for good, I’d like to secure a permanent job here. What are my challenges in seeking employment here? -- Lady Dragon.

Filipinos preferred under Japan’s new special worker program

THE Department of Labor and Employment (DoLE) said Filipino workers covered by a new bilateral agreement with Japan for workers with specialized skills are assured of better pay because of Japan has decided to extend preferential treatment for workers from the Philippines.

‘Nut rage’ fallout: Korean Air chief exec ousted from board

SEOUL -- Korean Air Lines Co Ltd shareholders removed chief executive Cho Yang-ho from its board in a landmark vote on Wednesday, making him the first founding family member of any South Korean corporate giant to be forced off a board.

Commerzbank management pay cuts contrast with Deutsche Bank

FRANKFURT -- Commerzbank’s chief executive was paid 32 percent less in 2018, contrasting with sharp rises for the top management at its potential merger partner Deutsche Bank.

Online recruiting picks up in January, February — Monster

MONSTER.COM said online recruiting in the Philippines grew 16% year-on-year in January with growth slowing to 11% in February, with hospitality and health care jobs in greatest demand.

Hiring and retaining the brightest managers

By Rey Elbo
Hiring people and losing them in a short period of time is always an expensive situation for any organization. In our case, it’s almost 50%-50% for those who resigned voluntarily and involuntarily within their first year of employment. Knowing this, what are the best strategies to reduce the chance of the wrong people being hired? How do we screen and hire the best and the brightest who will stick to our organization? -- Water Lily.

Women on brink of top roles less confident about skills

OTHERWISE-QUALIFIED women rate their skills with less confidence when asked to consider leadership roles, according to a study conducted by the Makati Business Club (MBC) and the Philippine Business Coalition for Women Empowerment (PBCWE).

Microsoft finds AI adoption rate of less than half at PHL firms

MICROSOFT CORP said one of its studies has found that most employers believe Artificial Intelligence (AI) will have a positive effect on productivity, though less than half have started to plan for the more widespread use of AI.

OFW’s photos champion migrant workers

IN NOVEMBER 1996, Georgia left her home while the children were sleeping one evening. With only P20 (about four US cents) she traveled with her husband to the airport. She was scheduled to take a flight to Singapore to become a domestic worker.