Employee Benefits

Men go through postnatal depression too, but people mistake symptoms for tiredness or stress

Facts       May 14, 2019

  WASHINGTON:: People are almost twice more likely to identify signs of postnatal depression in women than in men, recent findings suggest.    The involved 406 British adults aged between 18 and 70. The participants were presented with case studies of a man and a woman both...

IRDA set to allow claim settlement in installments in healh & PA policies

Indian News       Apr 03, 2019

  Hyderabad: The insurance regulator will soon issue circular for allowing the Insurers to settle claims in installments in respect of personal accident and benefit based products.   A working group  constituted by the IRDA has laid down the details as how to implement the new system.  ...

'87% women would quit over sexual harassment, bias in hiring'

Facts       Mar 26, 2019

  In the wake of various public allegations of misconduct a recent survey has revealed that 87 percent of women would be likely to leave their job if a gender-based scandal like sexual harassment, bias in hiring among others occurred at the company they work for.  ...

Berkshire Hathaway’s vice chairmen Jain, Abel each made $18 mn in 2018

International News       Mar 19, 2019

  Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed Warren Buffett as the conglomerate’s...

Uber settles Driver Classification disputes for $20 mn

International News       Mar 13, 2019

  Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment.   Resolution of the long-standing fight over benefits and pay comes as Uber is preparing for its...

61% office-goers in India want commuting time to be included in working hours: Survey

Facts       Mar 13, 2019

  A majority of office-goers in India want commuting time to be included in their working hours, according to IWG Global Workspace survey. Over 80 per cent of the companies in India are introducing flexible working to help attract and retain employees, it said.   IWG, one...

Closing the Gender Gap

Articles       Mar 11, 2019

As girls, we were raised with the belief that we could accomplish anything, and that no barrier was insurmountable. Yet, for so many women, the reality doesn’t quite meet their aspirations. Things weren’t exactly equal in the relatively conservative middle-class society in India where we...

Women's Day 2019: Women with children under six make up about 10.2% of managers in India

International News       Mar 08, 2019

  Women are still under-represented at the top positions and face "motherhood wage penalty" globally, according to a UN report which said in India only about 10 percent of managers with children under six years of age are women as compared to nearly 90 percent of...

Arun Jaitley,union finance minister

Govt allows one more pension option for left over employees of PSU insurance cos

Indian News       Mar 03, 2019

  New Delhi: Bringing cheers to almost 43,000 existing and retired employees of the public sector insurance companies, the center has at long last decided to allow one more opportunity to employees of Public Sector Insurance Companies (PSICs) who joined on or before 28th June 1995,...

Include special allowance in employees' basic wage for PF deduction: SC

Indian News       Mar 02, 2019

  New Delhi: The Supreme Court has held that special allowances paid by an employer to its employees have to be included in "basic wage" for deduction towards provident fund. The top court said this while dealing with a question on whether special allowances paid by...

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