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Merit Based Hiring

All articles tagged with #merit based hiring

Trump Signs Executive Order Ending DEI Practices in Federal Contracting
politics4 hours ago

Trump Signs Executive Order Ending DEI Practices in Federal Contracting

President Trump signed an executive order prohibiting racially discriminatory DEI practices by federal contractors and their subcontractors, requiring a DEI-discrimination clause in contracts under the Federal Property and Administrative Services Act, directing the OMB to issue compliance guidance and identify risky sectors, and allowing contract termination, suspension, or debarment for noncompliance. The order also directs the Attorney General to pursue False Claims Act actions and to align Federal Acquisition Regulations to enforce the ban, framing DEI as costly and counter to merit-based, efficient government contracting; it forms part of a broader effort to end DEI across the federal government.

Former CEO warns of more 'woke' company failures after SVB collapse.
business3 years ago

Former CEO warns of more 'woke' company failures after SVB collapse.

Former CEO Andy Puzder warns that "woke" companies that prioritize social issues over merit-based hiring and governance are at risk of failing, citing the recent collapse of Silicon Valley Bank as a "perfect storm" example. Puzder believes that many other businesses may face similar problems if they do not focus on how corporations are run and hiring people based on merit. The head of financial risk management at Silicon Valley Bank UK had spent months leading LGBTQ campaigns for the company before its collapse.