The UAW contract includes hiring and raises for GM Components Holdings employees

Options investors in the US on edge, movements in the bond market keep an eye on

November 10 Tentative labor agreement between United Auto Workers and General Motors includes jobs and significant wage increases for the General Motors Components Holdings plant. According to an information package detailing the tentative agreement and published by the UAW, “sufficient work” has been secured at the GMCH plant to “employ at least 150 people.” According …

Read more

RBCx hires former SVB employees to increase support for seed-stage and life sciences startups

RBCx hires former SVB employees to increase support for seed-stage and life sciences startups

RBC joins a growing list of Canadian banks to acquire talent from the now-defunct SVB Canada. The Royal Bank of Canada’s technology and innovation arm, RBCx, has hired four former Silicon Valley Bank (SVB) Canada employees, becoming the latest in a growing list of Canadian banks to poach employees from the collapsed tech financier. …

Read more

New Jersey Public Employees’ Pension Fund Posts Surprisingly Strong Gains Despite Volatile Fiscal Year

New Jersey Public Employees' Pension Fund Posts Surprisingly Strong Gains Despite Volatile Fiscal Year

New Jersey’s public employees’ pension fund gained more than $5 billion in market value in the fiscal year ended June 30, bringing its total value to about $91.4 billion as it continued to rebound after heavy losses in 2022. That represents a 9.1% gain on investments, outperforming the funds’ benchmark and its long-term expected rate …

Read more

No COLA increase in 2024? How employees could lose next year

Each year, the government advances COLA on Social Security recipients' benefit checks based on the rate of inflation.  In 2024, they will receive a 3.2% increase to take inflation into account.

A survey released Monday found that workers have received large raises over the past few years, but amid economic uncertainty they could soon disappear. Nearly half (49%) of 600 business leaders surveyed this month by ResumeBuilder.com said they would not provide cost-of-living adjustments (COLAs) to employees next year, and 26% said they either would not …

Read more

4 Things That Make a Powerful CEO | Entrepreneur

4 Things That Make a Powerful CEO |  Entrepreneur

The opinions expressed by Entrepreneur authors are their own. You are reading Entrepreneur India, an international franchise of Entrepreneur Media. The desired position of CEO is to earn the respect of employees and inspire the organization. Being a CEO is challenging and demanding, and a lack of good leadership at the helm can easily sink …

Read more