On 22 September 2022, HORNBACH Baumarkt announced that, from 2023, employees will be able to change their working hours to suit their needs.
The new working hour system aims to facilitate employees’ work lives and work-life balance and to address recruitment problems due to Germany’s growing shortage of qualified, skilled workers.
E-commerce giant Shopify changed its compensation system, introducing a new approach to reward employees with more financial flexibility as part of a long-term strategy to attract and retain talent.
Using proprietary software Flex Comp, employees can choose how they want to allocate their total reward between base salary, Restricted Stock Units (RSUs), and Stock Options, with new features like Shop Cash in the future.
On 29 September 2022, Paychex released its 2022 Environmental, Social, and Governance (ESG) Report, detailing the progress the company made as well as new initiatives related to the nine pillars of the ESG programme: Ethics, Governance, Privacy and security, Diversity Equity and Inclusion, Employees, Environment, Community, Empowering businesses and Occupational Safety.
In 2022, La Poste created a data and artificial intelligence (AI) division that combines the knowledge of 400 experts in data and AI and constitutes one of the five main players in the sector in France.
Considering the growing shortage of candidates trained in these professions, La Poste recently launched its Data and AI School, based on two values: ethics and inclusion.
On 1 May 2022, Goldman Sachs introduced a new global “flexible vacation” scheme that allows partners and managing directors to take time off when needed, without a fixed vacation day entitlement.