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Globalization Partners | January 25, 2022
On January 24, premier global employment, Globalization Partners announced that it raised $200 million in investment from Visa Credit Partners (VCP). VCP is a subsidiary of Visa Equity Partners. Following the investment, Globalization Partners is now valued at $4.2 billion.
Globalization Partners is a platform that specializes in enabling companies to build a remote workforce. The company has an annual recurring revenue of approximately $1 billion. It plans to use the investment to expand...
Walmart | March 11, 2020
Walmart has created a "COVID-19 emergency leave policy" in response to the novel coronavirus, according to a March 10 email the company sent to its U.S. associates and shared with HR Dive. Effective immediately, Walmart associates can take this leave under certain circumstances. If workers think they are "unable to work or are uncomfortable at work," they may stay home. Walmart will waive its attendance policy through the end of April. To be paid for this time, workers will n...
Kronos | August 04, 2020
National Overview: According to the U.S. Workforce Activity Report from Kronos Incorporated for July 27-Aug. 2, shift work volume1 remained essentially flat between the weeks ending July 26 and Aug. 2, growing just 0.5% week-over-week. This slightly outpaces the 0.3% weekly average shift work growth that occurred since the week ending June 28. While shift work grew 32% during the first 11 weeks of the recovery, which begin the week ending April 12th, it has grown just 1.5% since late June....
Walmart | May 13, 2020
Walmart will pay employees another cash bonus to recognize them for their work during the COVID-19 pandemic, according to a company press release. The bonus will be available to associates employed as of June 5, and will be paid out June 25.Full-time hourly associates will receive $300, and part-time hourly and temporary associates will receive $150. In total, Walmart will award more than $390 million in special bonuses with the payout.This will be the third round of bonuses the comp...
Talent Management, Talent Acquisition
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