Power of influence | Machinex opens workplace daycare

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The Quebec company Machinex, established in Plessisville for more than 50 years, has just opened a subsidized private daycare next to its facilities in order to help its employees better reconcile family and work. Machinex, which develops and manufactures its own recycling technologies with advanced sorting solutions used around the world, invested $4.3 million in this project. The facility includes a triple nursery for babies aged 5 to 18 months, six multi-age groups from 18 to 48 months as well as two preschool groups from 48 to 60 months. According to Machinex, the Les Petits M daycare, which can accommodate 85 children, is another way of contributing to sustainable development. Daycare opening hours are adapted to work schedules, and parents do not have to travel extra miles to drive their children morning and evening.

Source: Machinex

Gesture

A woman in senior management

Only 22% of the 262,800 information and communications technology professionals in Quebec are women. This is what the 2021-2024 report indicates Portrait of the workforce in the information and communications technology sector in Quebec of TECHNO Compétences, the sectoral workforce committee in information and communications technologies. The Quebec company Cofomo, which offers consulting services in information technology (IT) and business, wanted to stand out in its industry by appointing a woman to the management of the organization for the first time. Lyne Lazure, who was hired at Cofomo in 2003, therefore becomes president and head of operations. Lyne Lazure is part of the top 50 of women leaders 2024 from Women We Admire, an organization of women executives and leaders in the United States and Canada. According to her company, Lyne Lazure is recognized for her local leadership promoting collaboration and she wants to include more women in the IT environment.

Source: Cofomo

The trend

Ghost posts

It’s not just employees who play ghosts, employers too with “ghost jobs”. These are advertised positions that an employer does not intend to fill – or which have already been filled – reports ABC News Australia, adding that there are potentially thousands of these bogus positions across the country. According to the Australian media, this strategy not only wastes people’s time, but also risks harming mental health and distorting labor market figures. Up to a third of all job postings could be ghost jobs. Advertisements older than 30 days are an indicator of a false position, as is the absence of a response to the application as well as a vague description of the position. What is the point of ghost work? Isn’t this a big waste of everyone’s time? No. For employers, there are advantages. Advertising these fake jobs helps give the impression that an organization is successful. Listing ghost jobs can also be a tactic to appease overworked staff, who believe the employer is really planning to hire staff to help them.

Source: ABC News Australia

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The board

Strategy for SME borrowers with high interest rates

First of all, don’t sit still if you see an opportunity to grow your business, the magazine advises Forbes. Don’t wait for an interest rate drop that might not happen right away. Consider the opportunity costs of inaction. Will you miss the opportunity to purchase property or sign a lease to build a new facility because you think the cost of capital is too high? If you had borrowed money last summer, your facility might already be up and running. If the location was lucrative, you lost a big opportunity by trying to wait. Then, compare prices. Whether the country is in a high or low interest rate environment, always shop around for the best deals. Finally, streamline your operations. If you need to borrow money to replace aging equipment, expand your operations, or open a new location, it’s important to understand that high interest rates will be around for some time. Look for ways to reduce costs in other areas.

Source : Forbes

Read the article by Forbes (in English)

The number

50%

Nearly half of Dell’s full-time employees in the United States chose to sacrifice the hope of getting a promotion to continue telecommuting. Last February, the tech giant asked workers to formally classify themselves as hybrid or remote workers. Those who have chosen to work remotely are no longer eligible for promotion and cannot change roles. Meanwhile, hybrid workers must come to the office 39 days per quarter, or about three days per week, and their attendance is monitored. Months after the return-to-office policy was announced, it appears it hasn’t worked, according to internal data on the entire full-time workforce seen by Business Insider. Rather than hoping to move up the company, employees preferred to prioritize spending time with family, exploring hobbies and meeting friends outside of the workplace. Returning to the office equates to a pay cut considering the costs of transportation, meals and clothing, according to employees interviewed by Business Insider.

Source: Business Insider

Read the article by Fortune (in English)