17 Dec

VCIO guidance on managing your credit union’s remote workforce

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Remote workforce technology like virtual private networks (VPN) is nothing new for most financial institutions, though the technology has been primarily viewed as a secondary channel for working. In early 2020, the COVID-19 pandemic forced a new reality upon most businesses, requiring the adoption of a new perspective on how we work.The Race to Standup VPNsAs businesses faced the reality that most, if not all, employees and peers were going to be forced to shelter in place, the sudden need to implement or expand VPN access was a logical reaction. However, this proved to be a frustrating exercise for many institutions.Financial institutions faced several challenges as they worked to provide their employees with VPN access. The rush to acquire laptops created a supply issue, and the sudden demand created a backlog for many IT departments and vendors working to configure new laptops. There was also the issue of remotely teaching employees, some of whom were not familiar or comfortable with the laptop formfactor or connecting to a VPN, how to do so while working remotely.last_img read more

27 Sep

Swedish daycare: International example or cautionary tale?

first_imgIMFC 10 September 2015  Sweden is a pioneer in public, tax-subsidised, out-of-home daycare. In 1975, the Swedish government made public daycare available and affordable to all. Daycare expanded greatly during the 1980s and was made even cheaper in 2002 when a maximum fee (maxtaxa) was introduced. No matter how many children, no matter how many hours children spend in care, no matter how high your income – you never pay more than a fixed maximum amount, which is SEK 2574 monthly, or just below CAD $400. A low income family with one child would pay around CAD $150 per month.1Daycare in Sweden is tax-subsidised at a rate of between CAD $18,000 to CAD $23,000 per child annually. Parents who stay home, in most municipalities, receive no benefits of any kind. In high-tax Sweden this forces many home care families into poverty.The result, not surprisingly, is that daycare is the new norm in Sweden. Over 90 percent of all 18 month to 5-years-olds are in daycare.2Since Canadians look to Sweden as an international example, it is wise to ask: Is the Swedish model a best practise to copy or a cautionary tale?How Swedish daycare got its startIn 1978, the women’s caucus of the ruling Social Democratic party, a party that was in power for the better part of 40 years, published The Family of the Future: A Socialistic Family Policy.3The pamphlet strongly called for state-funded, affordable daycare. The goals were 1) better outcomes in child social development and academic achievement, 2) class equity, and 3) gender equity (or, as they put it, the liberation of women from their maternal instincts).The resultsForty years later, official statistics show that the anticipated outcomes have not been realized. Poor outcomes are acknowledged across the political spectrum, but these are not connected to the daycare system in any way. Furthermore, there is surprisingly little interest in finding out why they exist at all. The following list shows what the outcomes are.Rapidly declining psychological health in youthIncreased sick leave among womenThe deteriorating quality of parenthoodHighly gender segregated labour marketPlummeting school resultsDisorder in Swedish classroomshttp://www.imfcanada.org/issues/swedish-daycare-international-example-or-cautionary-talelast_img read more