Amazon boosting wages and hiring incentives to keep up in competitive labor market

Amazon boosting wages and hiring incentives to keep up in competitive labor market

Amazon believes there is a need to raise wages and incentivize it to fill some of its vacancies, resulting in higher costs on its fulfillment network. “We are certainly seeing increased demand for labor,” said Brian Olsavsky, Amazon’s chief financial officer, on a conference call with reporters. “So far we have had good recruitment successes … Read more

Opinion | We Need Laws to Take On Racism and Sexism in Hiring Technology

Opinion | We Need Laws to Take On Racism and Sexism in Hiring Technology

American democracy depends on everyone having equal access to work. In reality, people of skin color, women, people with disabilities and other marginalized groups suffer from disproportionately high rates of unemployment or underemployment, especially given the economic impact of the Covid-19 pandemic. Now, employing artificial intelligence for hiring can exacerbate these problems and further influence … Read more

Facebook reportedly investigated over ‘systemic’ racism in hiring

Facebook reportedly investigated over 'systemic' racism in hiring

Facebook has made a public commitment to fighting racism, but there are concerns that don’t translate into its recruiting practices. According to Reuters sources, the US Equal Employment Opportunity Commission (EEOC) is investigating possible “systemic” racism in the recruitment and promotion of Facebook employees. Facebook program manager Oscar Veneszee Jr. and four candidates have reportedly … Read more