More HR makes companies higher profits, survey finds

first_imgMore HR makes companies higher profits, survey findsOn 31 Oct 2000 in Personnel Today Previous Article Next Article Comments are closed. The greater the number of HR practices built into a company, the more profit per employee, research has confirmed.David Guest, professor of organisational psychology and human resource management at Kings College, London, said his research project had found that investing in HR practices leads to improved financial performance. “Having few HR practices is damaging,” he warned at the conference last week.The study – The Future of Work Programme on HRM and Performance, funded by the European Social Research Council and the CIPD – also found that the number of grievance procedures a company faces has a negative effect on financial performance. But he said that despite a swelling body of evidence of the benefits of investing in so-called high-performance HR practices in areas such as recruitment, training, job security, involvement and team-working, the message was not being taken up by businesses.Only 13 per cent of private-sector workplaces had eight or more HR practices while no company in a sample of 610 companies had more than 14.Ron Collard, UK human resource operations partner at PricewaterhouseCoopers, said, “Not doing things for cost reasons damages the business more than playing around with innovative experiments.”According to John Purcell, professor of HR Management and director of the Work and Employee Relations Centre at Bath University, who is working on 12 case studies for the project, said companies which invest in HR tend to have “a big idea at the top”.He said, “They have a vision that is simple, clear and binding. They know the relationship between the way people are managed and financial performance.”Dina Gray, director of intellectual capital at Henley-based software house AIT – one of Purcell’s case study companies – said investment in HR involved consultation with multiple teams, tai chi, poetry readings, charity work, singing and an emphasis on “fun” at work.By Stephen Overell Related posts:No related photos.last_img read more

Real Madrid set £44m asking price for Arsenal to seal Dani Ceballos transfer

first_imgCeballos played his way back into Arteta’s plans (Picture: Getty)That salary reduction is set to last for the next 12 months and the Gunners have even shelved contract renewal talks with Pierre-Emerick Aubameyang and Mesut Ozil due to the ongoing health crisis.Ceballos is likely to have his loan deal extended if the Premier League are permitted to finish the 2019/20 season this summer.The Spaniard spoke out about his future this week and revealed he still expects to be given a chance to prove himself at Real.‘I haven’t spoken to Zidane since I left,’ Ceballos told Movistar. More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘It has to be difficult to have a dressing room with so many players. I don’t think Zidane talks to the loan players. ‘Hopefully [I will play for Real Madrid again]. I now have a contract with Arsenal. ‘At the moment in Madrid it is difficult to play with the players that are there. ‘Now I am focused on being important at a club.’MORE: Jack Wilshere explains why Arsenal never won Premier League with Mesut Ozil and Alexis SanchezMORE: Dani Ceballos hoping for Real Madrid return after Arsenal loan but has had no contact with Zinedine ZidaneFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Comment Real Madrid set £44m asking price for Arsenal to seal Dani Ceballos transfer Advertisement Coral BarryTuesday 28 Apr 2020 11:03 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link345Shares Advertisement Ceballos is on loan at Arsenal (Picture: Getty)Arsenal will have to pay £44million to seal the permanent transfer of Dani Ceballos, according to reports in Spain.Real Madrid expect the midfielder to return to the club at the end of his loan spell and have not ruled out the possibility of promoting Ceballos to the first-team.Eager to keep hold of his place in the Spain national side, Ceballos has prioritised regular football ahead of next season and managed to win the trust of Mikel Arteta after initially falling down the pecking order at the Emirates.Read the latest updates: Coronavirus news liveADVERTISEMENTArsenal are keen to sign Ceballos permanently or bring him back to the club on another season-long loan following his performances this term.AdvertisementAdvertisementAS claim Real are only prepared to sell the 23-year-old if a club offers £44m (€50m) for Ceballos.Due the ongoing coronavirus pandemic, such a bid would be difficult for Real to turn down.Arsenal, however, are not expected to have a big transfer kitty to spend this summer after asking their first-team players and Arteta to take a 12.5 per cent pay cut.last_img read more

Fans can’t get enough of Mayank Agarwal’s picture with his grandparents

first_imgAdvertisement b4kwxNBA Finals | Brooklyn Vsaqw57bWingsuit rodeo📽Sindre E8fdk( IG: @_aubreyfisher @imraino ) hmolWould you ever consider trying this?😱4e45rrCan your students do this? 🌚a2jRoller skating! Powered by Firework Advertisement Mayank Agarwal, who had fans going crazy after his double century against South Africa and Bangladesh, has yet again won his fans over with a photo with his grandparents that he posted on twitter captioned “20 years ago when we moved into our home, my grandfather took me for this walk. Even today, after I come back from every tour, the tradition continues.” Mayank’s fans have showered him with love in the comments.Advertisement The Karnataka opener played his first Test match last year in Australia, but it has not taken long for him to emerge as the star of the second Test match after hitting double centuries. The debutante scored 76 at the Boxing Day Test match. After his superb performance at the Test match, he is now one of the top 10 Test players.After an impressive 76 score, the player kept showing off his capability in the match between India and South Africa, where he scored a century. He kept the spirits up and scored another 100 on the grounds of Indore, during the match between India and Bangladesh.Fans have yet to see whether their favourite opener can make it a triple century when India will play against New Zealand in the upcoming two-Test series, next year. Advertisementlast_img read more

Bird Development in Stunning Video

first_imgThe orchestration of a bird from egg to chick is shown in astonishing detail by Illustra Media.While the Editor is on travel, we bring this informative and educational video by Illustra, found on The John 10:10 Project.A BIRD IS BORNThis short film, along with dozens of other stunning productions, are easily shared on social media. Visit TheJohn1010Project.com for a list of available films, and consider subscribing and supporting the project as they plan and produce additional films like this.(Visited 418 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Why Private Access to Public Assets Will Decide the Fate of Smart Cities

first_imgRelated Posts How IoT Will Play an Important Role in Traffic … Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. Tech experts knew it was a long time coming: The interest in smart homes gave way to a desire for smart cities, and the U.S. is running into smart city development full force. A whopping 66 percent of U.S. cities indicated in 2017 that they were investing in smart technology — and 25 percent of the cities that haven’t invested yet are looking for ways to do so.But constructing smart cities comes with a complication not experienced by smart homes: access. Homeowners who invest in upgrading their homes can choose what they do — and don’t — invest in, from smart thermostats to video doorbells to security systems. The only input they have to take into account, beyond their own, revolves around recommendations from the technology providers and their insurance companies.Smart cities, however, run into the problem of local governments needing to grant access to private technology providers. These municipalities are used to providing services on their own or building partnerships with providers who are locked into their operations. City governments rarely have had to make accommodations or open their assets to private sector businesses, but that’s exactly what needs to happen for smart cities to become a reality.Open Access Isn’t AcquiescenceKevin Muldoon, the former mayor of Newport Beach, Calif., and an attorney and the chief business development officer for InMyArea, has been on both sides of the divide. Currently a member of the Newport Beach city council, Muldoon understands what public officials worry about most regarding sharing public assets with private firms: control, aesthetics, and pricing.“City staff likes to have complete control over city-owned assets and to protect data,” he says. “Elected officials want the residents to be pleased with the aesthetics of their city. And the staff wants to maximize the value of the city-owned assets by getting fair market value for attachment rates.”Many city governments have painstakingly laid out their cities, with budgets allotted for urban planning and anticipated growth. They’ve also invested in what they hope to attract to the city — London, for example, formed a high-tech area called Tech City as a result of a national government initiative; the city’s East End saw the number of digital and creative businesses in the sector increase from 11 to 300 within a three-year period.Muldoon says this is the double-edged sword of tech investments: In order to reap the benefits of technology, cities have to meet tech firms halfway. Treating them as partners, rather than transactional associates, gets them both the outcomes they want. “The strategic placement of attachments, coupled with aesthetics — including technology and shrouding — allows cities the ability to enable ubiquitous coverage while avoiding upsetting residents who could view the technology as unsightly or unwelcomed in their neighborhoods,” Muldoon says. “The long-term advantage to finding the balance is a more connected community for residents and businesses.”What Lies Behind Private AccessMuldoon and the founder and CEO of InMyArea, Michael Gleason, encourage cities to be open to allowing wireless cellular attachments on streetlights. While some argued that integrating technology into street fixtures would hurt their cities’ attempts at preserving history and maintaining their appeal, Gleason and Muldoon argued that the alternative was worse. Cities would restrain their own long-term growth by inhibiting their ability to keep up with technological demands. Access to 5G technology would enable cities to boast better connectivity, meaning residents would have fewer dropped calls and faster downloads.Ignoring the impact of these improvements is essentially neglecting to see our modern world for what it is, Gleason says. As the founder of multiple innovative technology and online publishing companies, Gleason has seen society shift to accommodate high-tech ventures and sees the trend continuing. “Balanced access to public assets will result in the development of a robust mobile communications system in cities throughout the U.S.,” he explains. “Allowing the deployment of more fiber connections and wireless infrastructure will result in denser networks that can deliver faster and stronger wireless connectivity. Cities can expect a need for stronger wireless networks as emerging IoT technology is introduced.”As those demands come from citizens who will benefit from businesses’ improved technology, cities will have to adapt and provide access to the private sector, but the benefits are mutual and the relationships reciprocal. Forward-thinking businesses can’t survive — let alone thrive — without city intervention. “Private companies need less expensive access to real estate, like publicly owned street furniture, and a cost-effective way to deploy new infrastructure,” Gleason says. “Cities should offer street furniture for wireless technology attachments and make the planning and permitting process of those attachments more predictable and efficient.”This two-way relationship should give relief to cities aiming to become “smart” — because tech companies need access and want residents to be satisfied with their work, just like city officials do, they have a vested interest in meeting city standards and improving the quality of life. These businesses know, more than companies in any other industry, that they can quickly be replaced by a competitor. Their aim, then, is to deliver the future that their cities need but can’t achieve on their own.“Tech experts believe the government needs to rethink its approach to technology regulation and the value it offers to its citizens. Assisting wireless companies in their race to quickly and cost-effectively deploy the latest communications technology will allow new IoT technology that is reliant upon wireless communication to be used by citizens in the not-too-distant future,” Gleason says. The key, he says, is that cities and tech firms both want to offer value to citizens — they’re just currently not in agreement about what’s most valuable.If cities and tech companies don’t come to an understanding of what private access to public assets can do, they’ll both suffer. Muldoon says, “In the short term, residents will be frustrated with poor connectivity; in the long term, cities risk being left behind in the technology age.” Brad AndersonEditor In Chief at ReadWritecenter_img Surveillance at the Heart of Smart Cities How Connected Communities Can Bolster Your Busi… For Self-Driving Systems, Infrastructure and In…last_img read more

Oklahoma Turnpike Authority expands Pikepass use in Texas

first_imgOKLAHOMA CITY — Oklahoma travellers with Pikepass stickers on their vehicles can now use the payment tags on more Texas tollways.The Oklahoma Turnpike Authority on Monday announced an agreement with two agencies that operate several toll roads in the Houston and Austin areas.Oklahoma officials say a Pikepass can now be used to pay for travel on roads operated by the Fort Bend County Toll Road Authority and the Central Texas Regional Mobility Authority.Oklahoma Turnpike Authority spokesman Jack Damrill (DAM’-ril) on Tuesday said the Pikepass already worked on North Texas Tollway Authority roads in the Dallas area.Damrill says Oklahoma officials hope to expand Pikepass use to more toll authorities in the Austin and Houston areas during 2019.The Associated Presslast_img read more

Aurora Cannabis buying Whistler Medical Marijuana in deal worth up to 175M

first_imgCompanies in this story: (TSX:ACB) EDMONTON — Aurora Cannabis Inc. has signed a deal to buy Whistler Medical Marijuana Corp. in an all-stock deal worth up to $175 million, including certain milestone payments.Edmonton-based Aurora says the acquisition of the privately held company is expected to provide it with a suite of premium and organic certified products.Whistler operates two indoor licensed production facilities, include one in Whistler, B.C.,  and another a short drive from the resort town.Once the second location reaches full capacity, the facilities are expected to have a combined production capacity of over 5,000 kilograms per year.The deal is subject to customary closing conditions, as well as third party and regulatory approvals.Shares in Aurora closed at $8.47 on the Toronto Stock Exchange on Friday. The Canadian Presslast_img read more

Mens Lacrosse No 7 Buckeyes beat No 20 Boston 159 behind dominant

Then-sophomore attackman Jack Jasinski heads for the goal in the fourth quarter during the first round of the NCAA tournament against Loyola Maryland on May 14, 2017. Credit: Sheridan Hendrix | Oller ReporterThe No. 7 Ohio State men’s lacrosse team remained undefeated at home with its 15-9 victory against No. 20 Boston University Saturday afternoon.The Buckeyes (2-0) showed exactly why their ranked seventh in the country is deserved during the first half, scoring 10 goals while holding the Terriers (1-1) to just one.The first Ohio State two goals came within the first two minutes of the game. Freshman attackman J.T. Bugliosi scooped up a ground ball and fired a shot past Terrier goalie Joe McSorely to put the Buckeyes ahead early.Ohio State sophomore midfielder Christian Feliziani won the ensuing face-off seconds later and ran through an unprepared Boston defense to score his team’s second goal.An illegal procedure penalty on Ohio State in the second period resulted in a man-up advantage for the Terriers, who capitalized on the opportunity to record their first goal of the game.The Buckeyes, however, remained focused and continued their first-half dominance. They won 12-of-13 face-offs and picked up 23 ground balls compared to Boston’s 14 in the first half.“Both offensively and defensively we were clicking. I think we were moving the ball super good on offense and we were getting good chances,” Ohio State sophomore attackman Tre Leclaire said.At halftime, senior goalie Matthew Smidt said head coach Nick Myers told the Buckeyes to remain focused and to not get complacent with a nine-goal lead during the second half.“He said it’s a new ball game,” Smidt said. “You got one half and you got another half, and you’ve got to take care of business in the second half.”The Terriers came out swinging after halftime and quickly scored four unanswered goals during the third period. But junior attackman Jack Jasinski, assisted by midfielder John Kelly, scored for the Buckeyes to stop Boston’s momentum with 6:19 left in the third period.“After they had a couple goals on us I think we just took a deep breath and relied on our game plan and executed that plan,” said Leclaire.Boston outscored Ohio State 5–3 in the third period and 3–2 in the fourth, but could not overcome the first-half deficit.“We came out a little slow in the second half — partially on me — but we took a step back and we did our thing and we came out with the W,” Smidt said.Nine different Buckeyes recorded goals, with four coming from freshman midfielder Jackson Reid and three contributed by Leclaire.Smidt said the team’s goal going into the match was to keep their heads down, focus on the job that needed to be done and do it — but to have fun playing in the process.“We’re here to do a job. That’s to keep the record in here and to keep grinding,” Smidt said. “We have all our parents here and all that stuff – it’s more fun than anything. Playing in front of your home crowd is something unbelievable.”The Buckeyes will look for another home win when they face Hofstra at the Woody Hayes Athletic Center on Feb. 17. read more

Torres plans to leave Spain

first_imgFernando Torres has confirmed that he will be leaving Spain this summer, after announcing his departure from Atletico Madrid at the end of this seasonThe former Liverpool star has struggled to make an impact at the Estadio Wanda Metropolitano this season and the arrival of Diego Costa in January has seen Torres fall further down the pecking order under head coach Diego Simeone.In light of his increasingly restricted opportunities at Atletico, Torres recently announced that he will be leaving his boyhood club for the second and final time at the end of the season with clubs from both the Chinese Super League and the Major Soccer League believed to be heavily interested in signing the 2010 World Cup winner.But Torres, while ruling out joining another club in Spain, did suggest to Cadena SER that he may be open to a move elsewhere in Europe.“I have not made the decision. I will say it as I have said: that I leave Atletico.” said the 34 year-old, according to Sky Sports.“I will not continue in Spain. Europe? I don’t know. One has an idea that can then change.”Fati and Suarez shine against Valencia at Camp Nou Tomás Pavel Ibarra Meda – September 15, 2019 With a mesmerizing first half from Ansu Fati and a brace from Luis Suarez in the second half, Barcelona demolished Valencia at Camp Nou.Valencia…Also looking likely to follow Torres in leaving Atletico this summer are Antoine Griezmann and goalkeeper Jan Oblak.While Torres is keen for the highly-rated duo to remain at the Spanish capital, he insisted that Atletico must prove their worth against Europe’s elite to convince the pair to stay.“I don’t know if he wants to stay. I do not speak with him about that. I would love it if he wanted to stay.” admitted Torres.“Griezmann has been third in the Ballon d’Or without winning titles. You have to offer him the possibility of winning them. He has to see Atletico at the level of the big [clubs].”And on Oblak, Torres said: “I have not seen a goalkeeper like him. He’s spectacular. I would do everything possible so that he stays. He will stay if the club lives up to his ambition.”last_img read more