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Bringing you Human Resource news from around the globe...compliments of Astron Solutions
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Israel represents the highest concentration of innovationand entrepreneurship in the world today: the most start-ups per capita; the highest percentage of GDP invested in civilian R&D; more companies on NASDAQ than all of Europe, Korea, Japan, India, and China combined; and the biggest destination for global venture capital per capita. Israel raises 2.5 times as much global venture capital as the U.S., 30 times more than Europe, 80 times more than India, and 350 times more than China.So why Israel? Why would a country so small and so often under attack be seen as a positive place to do business for people throughout the world? And why would Israel having a military matter? Senor explains:
The military is where many Israelis learn to lead and manage people, improvise, become mission-oriented, work in teams, and contribute to their country. They tend to come out of their years of service (three for men, two for women) more mature and directed than their peers in other countries. They learn “the value of five minutes,” as one general told us. They even learn something more uniquely Israeli: to speak up — regardless of ranks and hierarchy — if they think things can be done better.And how does the United States treat military "experience"?
U.S. military career adviser Al Chase told us that a number of the vets he’s worked with have walked a business interviewer through all their leadership experiences from the battlefield, including case studies in high-stakes decisionmaking and management of large numbers of people and equipment in a war zone, and at the end of it the interviewer has said something along the lines of, “That’s very interesting, but have you ever had a real job?”This is one place the United States may be missing out. The United States is now employing an entire workforce in Iraq, Afghanistan and around the world. Those people are getting experiences beyond the type of stress anyone would see in a workplace. They are being asked to work together in teams and/or given leadership positions. Yet when they come back from the war we need to see actual work experience? True the lack certain of the technical competencies needed for certain jobs, but more often than not, I fear that we ignore the example set by Israel and dismiss our military veterans on the job force when they could be one of our greatest assets.
Many companies over the years have migrated from siloed leave policies that designate a specific number of days for vacation, sick leave and personal time off to paid time off (PTO) banks programs that provide a total set number of days off that employees can use for any reason. Newer, even more flexible, programs now provide employees with more informal personal time and vacation arrangements with their managers when it suits them, guided mainly by their ability to perform their jobs successfully.Now this is much like an honor system, and like any honor system, you have the chance of abuse or free riders. But the idea makes sense. With people permanently tethered to Blackberries and the internet, the job doesn't have to stop when you leave the office. If people don't abuse the system, they'll get their job done and be happy, which should increase productivity even more. I once interviewed for a job that was run like this, though they expected you to make up for the time you missed...but you could miss as much as you wanted.
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As a recipient of TARP funding and under ARRA regulations, Capital One will not sponsor new H-1B petitions or transfer existing H1B Visas.I was curious myself. So I did some research. The Washington D.C. Employment Law Update laid it out in March:
The United States Citizenship and Immigration Services (USCIS) announced that employers receiving funds through the Troubled Asset Relief Program (TARP) or under section 13 of the Federal Reserve Act (covered funds) must meet additional requirements before hiring foreign nationals to work in the H-1B specialty occupation category.And if you still want to hire that person, you need to answer some more questions that basically guarantee the government that you didn't displace a US worker for this job.These new requirements were established by the Employ American Workers Act (EAWA), a component of the American Recovery and Reinvestment Act (ARRA) – otherwise known as the stimulus package – signed into law on February 17, 2009. Under EAWA, companies receiving covered funds must guarantee that they will not displace citizen employees
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