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Workplace/Employee Benefits

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Infosys, TCS, Cognizant join WEF coalition to tackle workplace racism

”With just 1 per cent of Fortune 500 companies led by Black chief executives, the need to tackle racial under-representation in business is urgent and obvious,” WEF Managing Director Saadia Zahidi said.

The founding members of the coalition also include AP Moller-Maersk, AlixPartners, AstraZeneca, BlackRock, Bloomberg, Boston Consulting Group, Bridgewater Associates, Centene, Cisco, Cognizant, Dentsu International, Deutsche Bank, EY, H&M, Henry Schein, HP and IKEA.

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New online tool can calculate COVID-19 transmission risk in poorly-ventilated places

Scientists agree that the vast majority of Covid-19 cases are spread through indoor transmission, whether via aerosols or droplets.The researchers noted that it only takes a matter of seconds for aerosols to spread over two meters when masks are not worn, implying that physical distancing in the absence of ventilation is not sufficient to provide safety for long exposure times.

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At least five mine workers killed in blast in southern India

Karnataka, home to the tech hub of Bengaluru, has vast mineral deposits and stone quarries, but the safety of mine workers has remained a concern.Karnataka Chief Minister B.S. Yedyurappa said five people were confirmed dead and three people including the owner of the quarry had been detained and an investigation was ongoing.

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India reports 70 lakh burn injuries annually with 1.4 lakh mortality rate:Harsh Vardhan

“Burn injury is one of the biggest causes of workforce loss and this is an issue of concern for countries like India. The nation reports as many as 70 lakh burn injuries annually with a mortality rate as high as 1.4 lakh per year and an additional 2.4 lakh patients end up with severe deformities. Due to its large population, most of the burn care facilities are overburdened and the state-of-the-art burn care is negligible. There is a dire need for a healthcare facility that can provide high-quality care for a large fraction of the population. The new Burns and Plastic Surgery Block has been conceived with the vision of providing state-of-the-art care in the field of burns management and research at All India Institute of Medical Sciences, Delhi.,” Vardhan said at the inauguration ceremony.

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Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

“The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS.

“The coronavirus pandemic is a reminder that risk management and business continuity management need to further evolve in order to help businesses prepare for, and survive, extreme events. While the pandemic continues to have a firm grip on countries around the world, we also have to ready ourselves for more frequent extreme scenarios, such as a global-scale cloud outage or cyber-attack, natural disasters driven by climate change or even another disease outbreak,” he said.

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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge

during the pandemic, the central government was successful in getting Parliament’s approval for three labour codes on Industrial Relations, Social Security and Occupational Health Safety & Working Conditions (OSH) this year

The Code on Wages was approved by Parliament last year and its rules have been firmed up. But the implementation of the rules for Code on Wages was held back because the government wanted to implement all four labour codes in one go

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