Chapter 11: Human Resource Management - McGraw-Hill Introduction to Business

Grocery Chains Pay for Workers to Get Vaccinated

February 4, 2021

With vaccines from major pharmaceutical companies becoming more widely available every day, it is imperative that as many people as possible get vaccinated in order to finally contain the pandemic. Grocery store employees have been especially vulnerable to the virus over the last year, with at least 28,000 workers being exposed to a positive case of Covid-19. That’s why grocery chains like Aldi, Trader Joe’s, and Dollar General are paying their employees to get vaccinated when they are able to. Continue reading →

Product Distribution, Coronavirus, Operations Management, Vaccination, Ethics, Human Resources, Benefits

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 15: Distribution

The U.S. Lost 140,000 Jobs in December 2020

January 12, 2021

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According to the Labor Department, the U.S. economy lost 140,000 jobs in December 2020 as businesses across the country continue to struggle during the pandemic. While restaurants and bars have been hit especially hard since winter weather has shut down outdoor dining, states have also laid off thousands of teachers and other public workers. All told, 9.8 million fewer Americans are working now than at this time last year.

And as long as the pandemic persists, it will be difficult Continue reading →

Health, Layoffs, Coronavirus, Ethics, Unemployment

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management

Face Mask Sales Send Etsy Stock Skyrocketing

December 10, 2020

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The e-commerce site Etsy was founded in 2005 as a place where crafty, independent creators could sell their wares online to consumers. In 2015 the company went public and greatly expanded its product offerings to include items from larger brands. The following years saw Etsy struggle with its brand identity as it cycled through different leadership and organizational structures. Then came 2020 and the coronavirus pandemic, which has caused countless businesses to struggle or outright close in the last few Continue reading →

Entrepreneurship, Etsy, Layoffs, E-commerce, Supply & Demand, Coronavirus, Stocks, Marketing, Product Distribution

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 6: Entrepreneurship, Chapter 11: Human Resource Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Bonus Chapter B: Technology and New Media

Mall Santas to Follow Pandemic Precautions

December 1, 2020

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With the holiday shopping season in full swing, retailers are hoping that they can attract lots of Christmas customers to offset the losses of an especially hard year. In normal circumstances, stores would roll out the red carpet for Santa Claus and his elves to set up shop and learn about exactly what kids wanted to see under their trees. But due to the pandemic, this year mall Santas will be following extra precautions that could take away from the Continue reading →

Promotions, Marketing, Seasonal, Operations Management, Holidays, Ethics, Remote working, Human Resources

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media

Big Companies Grant Employees Time Off to Vote

November 3, 2020

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Today is election day, and major companies across the country are taking measures to ensure that their employees can go out and vote. While Bank of America workers will receive three hours of paid time off to go to the polls, Best Buy stores will remain closed until noon so staffers can vote in the morning. Paypal offered paid half days for employees who volunteer at polling places. “Companies can’t do everything, but we can function in civil society in Continue reading →

Election Day, Paid leave, Ethics, Human Resources

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

High Unemployment Rate Continues in Strained Economy

October 22, 2020

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Last week, another 787,000 Americans filed for unemployment benefits. This represents a drop from the stretch of months where more than 1 million people filed for unemployment week after week, but it nevertheless reflects a deeply strained economy. “The ranks of people applying for extended unemployment are starting to make it look like a traditional recession,” said economist Diane Swonk. “This leaves scars in the labor force, is demoralizing, and increases health risks for workers…We’re not calling people back Continue reading →

Human Resources, Unemployment, Coronavirus, Stimulus, Economics, Ethics

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Bonus Chapter A: Business Law

Retailers Stock up on Seasonal Warehouse Workers

October 13, 2020

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As brick-and-mortar retailers struggle to make ends meet during the pandemic, e-commerce outlets like Amazon are thriving as consumers purchase more products from home than ever before. Experts expect that this trend will continue into the holiday shopping season, which can drive as much as 30 percent of retailers’ overall sales. So while companies would normally be hiring extra cashiers to prepare for Christmas, this year they’re bringing in warehouse workers to handle the high volume of online orders. Continue reading →

Operations Management, Health, Ethics, Product Distribution, Human Resources, E-commerce, Coronavirus, Seasonal hiring

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 15: Distribution, Bonus Chapter B: Technology and New Media

Major Airlines Cut 32,000 Jobs as Relief Expires

October 1, 2020

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Back in March, airlines received $25 billion in relief so that workers could stay on the payroll as the coronavirus pandemic caused a massive disruption in world travel. But with that money now spent, major carriers had been hoping for another round of economic stimulus from the federal government as demand for travel remains low. Legislators have been unable to come to an agreement so far, however, leading American Airlines and United Airlines to announce that more than 32,000 employees Continue reading →

Coronavirus, Airlines, Economic Stimulus, Operations Management, Global, Ethics, Regulation, Unions, Health, Labor Relations, Travel

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Winter Could Bring an End to Outdoor Dining in 2020

September 29, 2020

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According to the National Restaurant Association, during the pandemic more than 100,000 restaurants have closed either indefinitely or permanently and millions of jobs have been lost. Experts expect that the nation’s eateries will lose more than $240 million this year and warn that the worst could be yet to come. Along with takeout and curbside business, many restaurants have relied on outdoor dining to drive sales as many customers remain wary about eating inside. With winter on the horizon, however, Continue reading →

Ethics, Entrepreneurship, Health, Product Distribution, Supply & Demand, Coronavirus, Operations Management

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion

Unemployment Claims Surpass 1 Million Once Again

August 27, 2020

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For nearly every week since March, millions of Americans have filed for unemployment benefits as the economy continues to struggle with the effects of the coronavirus pandemic. And last week was no exception: once again more than 1 million people filed for unemployment for the first time. All together, more than 27 million people applied for benefits as the jobless rate hovers around the 10 percent mark.

“It’s massively concerning that five months into this crisis we are still Continue reading →

Ethics, Human Resources, Labor Relations, Unemployment

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law