This Working Life Companies that are recruiting must get to grips with the changed dynamic of hiring new staff in a remote-working environment While the economic impact of Covid-19 has forced some companies to cut jobs, many of those that continue to recruit in the weeks and months ahead will need to get to grips with the ins and outs of selecting and onboarding new hires in a remote-working environment. Right now, about 17,000 available positions are being advertised online on Indeed.com’s...

The union representing some workers at a meat packing plant south of Calgary says there are dozens of confirmed COVID-19 cases at the facility and it should be closed for at least two weeks to come up with a plan. The Cargill plant in High River — about 60 kilometres south of Calgary — has roughly 2,000 workers, and the union said it could be hit hard by the illness, given provincial projections on how the virus spreads. Last week, Premier Jason Kenney said provincial modelling showed that...

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Crisis environments are always tough for the investment chiefs of super funds. It’s important to recognise the range of demands they face during a crisis. You shouldn’t expect most CIOs to make “heroic investment calls”. In addition to extra operational demands from a range of different areas, CIOs are expected to be the central source of investment knowledge during a crisis, its impact on portfolios, and ultimately provide knowledge authority. The coronavirus situation is especially...

This may sound like headline grabbing but I’m not being flippant: AustralianSuper’s decision to conduct an out-of-cycle valuation of its private assets creates a raft of issues for the superannuation industry. Hopefully, it leads to stronger internal and prudential policies, and a more robust industry, providing better outcomes and greater consumer confidence. When we think superannuation liquidity risk, it’s natural to think cashflow liquidity. However, this is just one point of a trident of...