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Since the pandemic and the rise in people working from home, employers’ use of employee-monitoring programs has been growing rapidly. Employers say they’re tracking workers’ activity mainly for two reasons: to promote security and to boost productivity. What monitoring tools they use and how aggressively they use them vary widely. But the...
There’s a changing of the guard underway in Australia’s banking industry, at least in terms of what investors think Australia's biggest banks are worth. Macquarie Group recently overtook ANZ Bank to become the nation’s fourth-largest bank by market capitalisation, and it wouldn’t take a dramatic change for Macquarie to also knock Westpac off...
It’s the next big breakthrough in technology. It’s a joke. It’s a marketing strategy. It’s a techno-dystopian nightmare. It’s the metaverse, and Facebook’s CEO Mark Zuckerberg believes it is the future of the internet and of his trillion-dollar company. Facebook’s investment in the metaverse is something we should take seriously. If the...
Companies pay disproportionately high salaries to CEOs and other high-powered professionals willing to live and breathe their jobs, on-call 24/7, ready to pick up and travel. It’s a phenomenon Harvard historian and economist Claudia Goldin calls “greedy work” and she says it’s a big reason why the pay gap between men and women persists...
With businesses and governments around the world acknowledging their practices and policies are critical factors to address climate change on a global scale, most organisations are creating sustainability plans so their operations contribute to the long-term health of the planet. The Forbes Communication Council provides 16 ways that...
The Chinese foreign ministry says people should not be “maliciously hyping up” the controversy surrounding tennis player Peng Shuai, as questions over her well-being continue. The remarks by ministry spokesman Zhao Lijian came one day after Peng gave assurances about her safety in a video meeting with the International Olympic Committee (IOC)...
This episode of the This Working Life podcast investigates whether a hyperpersonalised workplace can accommodate neurodiversity and individual skillsets. Aaron McEwan, a behavioural and coaching psychologist talks about why it should be applied to a post-covid lockdown workplace, and...
Australian small publishers will get a leg up in their fight to secure licensing deals with Google and Facebook after the country's richest person said his philanthropic organisation would seek a collective bargaining arrangement for them. The Minderoo Foundation, established and funded by mining tycoon Andrew Forrest and his partner Nicola,...
In this episode of the Future Tense podcast, historian and economist, Marc Levinson, discusses how we have entered the fourth age of globalisation. An era, he says, that will be driven by the movement of “bits and bytes, not goods”...
In a major shift for a country long reluctant to accept immigrants, Japan is looking to allow foreign nationals in certain blue-collar jobs to stay indefinitely starting as early as the 2022 fiscal year. Under a law that took effect in 2019, a category of "specified skilled workers" in 14 sectors such as farming, construction and sanitation...