Category:

Workplace/Employee Benefits

EU plans new safety rules for the workplace wherever it is

In guidelines to protect almost 170 million EU workers over the 2021-2027 period, it will also seek to produce recommendations on mental health at work before the end of 2022.

Work-related accidents and illnesses cost the EU economy over 3.3% of gross domestic product per year, the Commission said. It said estimates showed that for every euro invested in occupational health and safety, the return for the employer is around twice as much as employees take less sick leave.

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CRISIL launches ESG scores of 225 companies

Said Ashu Suyash, MD & CEO, CRISIL, “ESG is already playing a material role in the decisions of governments, regulators, investors, lenders and corporates. This will not only transform the investment management industry, but also redefine corporate India’s approach to risk management for sustainable value creation. Our survey shows over 80% of issuers and institutional investors intend to integrate ESG in their decision-making. Our India-focused framework sieves through the challenges of disclosure quality and standardisation by leveraging our deep sectoral expertise and proprietary databases. Our ESG research, data, insights, assessments and solutions will empower customers and stakeholders to make decisions with conviction, and contribute to sustainable progress globally.”

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India is making collective efforts to reduce gender gaps in labour force participation

The minister added that the new Code on Social Security may now include even self-employed and all other classes of work force into the folds of social security coverage. A voluntary and contributory pension scheme introduced in 2019 for the unorganised sector workers provides for minimum assured pension after the age of 60 years.

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Govt working on real-time translation tool to bridge language barrier among people

This ambitious language translation project, with a timeline of 5-7 years, is being developed using artificial intelligence and modern technologies to end the language barrier in the country.
”We have started working on a very ambitious national language translation mission. See the magic of new technology. For centuries we have lived with the reality that a person who knows only Bengali cannot communicate with a person who knows only Malayalam. This will change,” MeitY Secretary Ajay Prakash Sawhney said while speaking at a NIXI event.

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Labour rights still fighting for recognition after ten years of ILO adoption

The COVID-19 pandemic has exacerbated working conditions that were already very poor, the report says. Domestic workers were more vulnerable to the fallout from the pandemic because of long-standing gaps in labour and social protection. This particularly affected the more than 60 million domestic workers in the informal economy.

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3 in 4 Indian workers keen on flexible remote work, says Microsoft report

“As every organisation fundamentally reimagines itself for the hybrid work era, we are collectively learning and innovating on how we will shape the future of work in India. It’s time to embrace work as a frame of mind, not a place you go,” said Rajiv Sodhi, Chief Operating Officer, Microsoft India.

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NGT forms 3-member committee to evaluate risk over Nayara Energy expansion

“The committee may recommend safety measures to prevent accidents on account of operation of the activities by ensuring proper on-site and off-site emergency plans and hospital backup and awareness in the local residents,” said the bench, also comprising Justice M Sathyanarayanan.

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Labour codes : Companies’ PF liability to go up, workers’ take-home pay to shrink

The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021. These four labour codes will rationalise 44 central labour laws.

The ministry had even finalised the rules under the four codes. But these could not be implemented because many states were not in a position to notify rules under these codes in their jurisdiction.

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