In all, the global premium pool is set to increase by almost...
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Share of organised employment in India on the rise: Finance Ministry report
The EPFO net payroll addition stood at 1.47 crore members during...
Blurb We’re seeing a lot of investment in Africa by China and India...
Insurers can now offer mandatory Arogya Sanjeevani Policy without Rs 5 lakh cap in sum assured: IRDAI
Hyderabad:: The insurance regulator IRDAI has now allowed the general and health insurers to offer mandatory,“Arogya Sanjeevani Policy” for a minimum sum insured of less than Rs.1 lakh and maximum sum assured of above Rs 5 lakhs . According to the...
Bajaj Auto unions demand factory halt after 250 workers catch COVID-19
Workers and union leaders say Bajaj has taken steps to ensure social distancing on the factory floor and in its cafeteria, besides arranging separated seating on its buses and providing masks and sanitisers for staff. But they say this is not enough.
France to rein in reduced-time work scheme as covid crisis eases
From Oct.1,workers will get 60% of their normal gross wages under the scheme, down from 70% currently, President Emmanuel Macron told employers and unions. Meanwhile, the state will reimburse employers up to 60% of the cost, instead of 85% currently.
However, a company can only tap the existing furlough arrangements for up to six months, and on Wednesday the government also outlined a new longer-term programme that is more generous for the employee and company, but demands commitments to safeguarding jobs.
The programme will allow workers to receive up to 70% of gross wages, with the state reimbursing firms up to 85% if the programme is tapped before July and 80% afterwards.
Insurers need to be flexible with customers following unemployment spikes,says GlobalData
“Insurers need to be flexible with their customers in order to reduce the impact of rising unemployment. Payment holidays can help for a limited time period. Insurers should also be flexible and allow their customers to adjust their level of cover to one that is more affordable for them. The development of usage-based policies and short-term, on-demand policies with lower premiums will also help insurers retain some of their customers during difficult times, said Yasha Kuruvilla, Insurance Analyst at GlobalData
Work-from-home:Best Practices
According to Northwestern Medicine, a lack of routine can cause people to experience stress, poor sleep, poor eating, poor physical health, and perhaps most importantly for remote work — an ineffective use of time. Find a routine that works for you and follow through consistently.
Digital health passports could help get fans back into stadiums
The digital health passport is a web-based platform that shows a person’s COVID-19 testing status and history by scanning a QR code to secure access to any venues where safety is a concern.
No coercive action against pvt firms for non-payment of full wages during lockdown: SC
The Ministry of Home Affairs (MHA), in its March 29 circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.
Italy to protect businesses from liability if workers catch Covid-19
While infections are categorized as workplace accidents under the government’s decree on reopening the economy, business owners won’t automatically face penalties if employees contract the illness, said Franco Bettoni, president of Inail.
ILO warns Indian states on scrapping of workers’ rights
In April, the government in Gujarat allowed factories to increase workers’ shifts from eight to 12 hours.There is also a proposal to increase the threshold of the number of workers employed for factories to need prior government permission for layoffs, retrenchment and closure, from 100 to 300.
“Businesses need to restart facilities with care and caution after coronavirus lockdown”:AGCS
“Restoring operations at a facility that was once idle or vacant presents another set of loss prevention challenges, particularly to manufacturing plants with hazardous equipment or processes,” explains Stephen Clark, Global Technical & Expertise Manager for Property Risk Consulting at AGCS.