Entries with tag us employment.

US Court Rejects Settlement in Silicon Valley Employee-Poaching Case

A US district court judge has rejected a settlement in a wage-fixing lawsuit involving Silicon Valley employers including Apple and Google, saying the proposed $324.5 million in damages is too low. Judge Lucy Koh of the Northern District of California in San Jose said her ruling was based on a related settlement in another wage-fixing case last year in which Lucasfilm, Pixar, and Intuit settled with the plaintiffs for a combined $20 million. The current suit alleges that executives of four firms—Adobe Systems, Apple, Intel, and Intuit—concocted a plan to not hire each other’s employees to hold down wages. The original class-action lawsuit was filed against all seven companies covering roughly 65,000 people who worked for them between 2005 and 2010. The remaining four firms--Adobe Systems, Apple, Google, and Intel--agreed to settle, and the two sides agreed on a $324.5 million payment. Koh ruled that the total should be on scale with the earlier settlement and thus should be “at least $380 million.” The plaintiffs originally sought $3 billion in damages at trial, which would have been tripled under antitrust law were the suit successful. Intel said it is “disappointed that the Court has rejected preliminary approval of an agreement that was negotiated at arm's length over many months.” (Reuters)(CNET)

Survey: US Software Developers Expect to Become Millionaires

More than half of US software developers expect to make millions before they retire. This is according to a recent survey of 1,000 U.S.-based software developers about their attitudes regarding their position in business and society, conducted by automation platform vendor Chef. Of those surveyed, 56 percent expect to become millionaires in their lifetime while another 66 percent expect to get raises in 2015. The survey found the respondents to be “well aware of their value in society and extremely optimistic about their future.” Another optimistic finding is that 69 percent of respondents said their jobs were “recession-proof.” The survey, according to Chef, also debunks various stereotypes about software developers. They are socially active and involved in political and civic activities, including as community volunteers. (SlashDot)(Application Development Trends)

Study: Many NYC Tech Jobs Don’t Need Employees with Four-Year Degrees

A new study of “accessible” technology jobs in New York City finds 44 percent – about 128,000 jobs – don’t require candidates to have a Bachelor's degree. Kate Wittels, a director at HR&A Advisors, a real-estate and economic-development consulting firm, wrote the report, which assessed tech-specific jobs and those jobs supported by technology. Among the jobs not requiring a four-year degree are computer user support specialists, customer services representatives, telecom line installers, and sales representatives. The study did not examine who holds those types of jobs and whether people with those types of jobs are under-employed. Many people holding these types of non-degree jobs may have degrees. New York Computer Help, for example, says roughly 75 percent of its 25 Manhattan-based employees hold a Bachelor’s degree and half are in IT-related subjects. (SlashDot)(Computerworld)(The New York City Tech Ecosystems)

US Electrical-Engineering Hiring Slumps

The number of employed electrical engineers in the US dropped 10.4 percent in 2013, according to the IEEE-USA’s newly released analysis of US Labor Department data. This represents a loss of 35,000 jobs, which moved the profession’s unemployment rate to 4.8 percent. According to the Labor Department data, 300,000 people now work as electrical engineers in the US. In 2002, this number was 385,000. Rochester Institute of Technology assistant professor of public policy Ron Hira told Computerworld the findings are “truly disturbing.” “Just like America's manufacturing has been hollowed out by offshoring and globalization,” he explained, “it appears that electrical and electronics engineering is heading that way.” (SlashDot)(Computerworld)

Pending US Immigration Legislation Would Increase Visas for Technology Workers

A comprehensive proposed US immigration bill would raise the ceiling for H-1B visas, used in part to let domestic companies hire technology professionals from other countries. The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 would raise the ceiling from 65,000 to 110,000 and eventually perhaps 180,000. In addition, the bill would require the US Labor Department to create a website to which employers must post job openings at least 30 calendar days before hiring an H-1B applicant for the position. This is designed to make sure companies try to fill openings with US citizens or legal residents first. In the past, H-1B visas have been controversial. US technology firms say the limit should be raised so that they can hire the best available employees to fill openings for which they can’t find domestic workers. Organizations representing US engineers have contended that companies want to hire lower-paid workers from outside the country. The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 would also exempt people with doctorates in science, technology, engineering, and mathematics from employment-based permanent-resident visa limits, enabling more of them to live and work in the US. Supporters say they want to see the legislation passed by June of this year. (SlashDot)(Computerworld)(CBSNews)
 

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