“As doctors, we are so preoccupied with patients' health that we...
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Heat-dome: Indian Temperatures Beyond the Heatwave?
Robert Muir-Wood,Chief Research Officer, Moody’s RMS Mitigation is...
Term Plans: Protecting Professionals
Amit Jaiswal, Chief BALIC Direct Officer, Bajaj Allianz Life One of...
COVID-19 prompts workers, corporates to adopt gig economy
Experts believe that gig economy provides a win-win situation for both parties and its reach is slowly expanding from less-skilled services to high-skilled jobs.
“Gig economy has been there for a long time. It’s being embraced like never before, that too in India, due to both economic conditions and COVID-19 situation,” said Kaushik Banerjee, Vice President and Business Head of Teamlease.com and Freshersworld.com.
Most executives in India prefer continuing with remote working: Survey
“Seventy-four per cent of India”s executives said their business continues to use offline workflows, the lowest among all other countries surveyed (US 89 per cent, UK 98 per cent, Australia 98 per cent),” said ServiceNow Managing Director (India and SAARC) Arun Balasubramanian.
The survey was conducted during September 1-10 among 900 C-suite executives and 8,100 office professionals from companies of 500 or more employees in countries including the US, the UK, France, Germany, Ireland, Netherlands, India, Japan, Singapore, Australia, and New Zealand.
In India, The Work Survey was conducted amoung 100 C-suite leaders and 1,000 employees from various industries, including manufacturing, healthcare, financial services, telecommunications and public sector.
Nearly nine of 10 workers want to keep work-from-home option: survey
Cisco Vice President Gordon Thomson said companies would have to reconfigure how they operate to help meet the new demands of workers, who prioritised effective communication and collaboration above everything else.
Lloyd’s headquarters to be transformed into a workplace for the future:CEO
“The Lloyd’s building is almost 35 years old, so how can it be the right environment for the market to operate?For the first time, we have both a virtual capability and a real capability operating simultaneously at Lloyd’s. We’ve also set some ideas on the table to metaphorically rip up the underwriting room and decide what it should look like in the 21st century, and what the marketplace should look like in the 21st century,” said Neal while speaking at a Virtual Reinsurance Renewal Season fireside chats.hosted by Dominic Christian, global chairman of Aon’s Reinsurance Solutions,
Asia Pacific health care benefit cost expected to jump by 8.5% in 2021, Willis Towers Watson survey
The 2021 Global Medical Trends Survey, the largest of its kind, found that medical insurers in APAC project health care benefit costs will take a sudden drop in 2020 before rebounding to 8.5% in 2021, up from 6.2% this year and 7.5% in 2019.
Markets including China (9.3%), India (10%), Indonesia (12%), Malaysia (12.5%), New Zealand (20%), Philippines (8.8%), Singapore (8.2%), Thailand (8%) and Vietnam (10.2%) will see an increase in excess of 8% next year.
According to the study, cancer (79%), cardiovascular diseases (76%), and conditions affecting musculoskeletal and connective tissue (42%) are the top three conditions currently affecting medical costs in APAC, with cancer and cardiovascular diseases expected to remain so in the near future.
Freeport does a balancing act as world’s biggest gold mine grapples with COVID-19
“We’ve put the priority and the health of our workers and community at the top of our list,” Freeport McMoRan Chief Executive Richard Adkerson told Reuters. “From the outset, we recognized that (Grasberg) was a particularly vulnerable place due to the size of the workforce” of nearly 30,000 people.
Nurses suffer burn-out, psychological distress in COVID fight – association
“Our most recent survey of national nurses’ associations shows that more than 70% of them (the associations) were saying that nurses have been subject to violence or discrimination and as a result of that they are very concerned about extreme cases of psychological distress and mental health pressure,” said Howard Catton, a British nurse who is the ICN’s chief executive,
The figure was based on responses from roughly a quarter of its national nurses’ associations in more than 130 countries.
Microsoft to let employees work from home permanently: Report
“The Covid-19 pandemic has challenged all of us to think, live and work in new ways,” Microsoft’s Chief People Officer Kathleen Hogan said in a note to employees obtained by the tech news outlet.
“We will offer as much flexibility as possible to support individual workstyles, while balancing business needs and ensuring we live our culture.”
Indian CEOs less confident about economic growth; 62% took pay cuts: KPMG Survey
The CEOs have already seen accelerated progress in digital transformation during the pandemic and are likely to prioritise investments in new technologies to become future-ready, and 89 per cent of them plan to invest more on technology, the survey noted.
Safety of employees, customers, and quality of loan book top priorities for new SBI chief
At a time when the Indian banking system is hamstrung by the pandemic, SBI is witnessing credit growth of around 6-7% while business is “70-80% back to pre COVID-19 levels,” for the bank, Khara said in a press briefing after taking over the reins on Wednesday.