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Workplace/Employee Benefits

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Surprise! India has the third highest expat salary packages in Asia

The average expatriate pay package provided by companies in Japan to mid-level employees is $386,451 a year, eclipsing what’s on offer anywhere else in the region, according to a report by consultancy ECA International. Japan also saw the biggest increase in expat package values last year, thanks to a stronger yen and steeper housing costs, said Lee Quane, a regional director at the firm.

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

The research team believes that much more can be done to promote a better understanding of paternal postnatal depression, so people don’t brush it off as simply tiredness or stress. This is particularly important as many men who experience symptoms of depression following the birth of their child may not be confident about asking for help and may be missed by healthcare professionals in the routine assessments of new parents 

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

IRDA has favoured the concept of payments of claims in installments in respect of personal accident policies issued by general and health insurers and benefit based health insurance policies issued by all insurers as  claims offer an income in the hands of the claimants for a reasonable period of time on the happening of the contingent event insured under an underlying policy. 

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Closing the Gender Gap

Women make up almost half of the world’s working-age population of nearly 5 billion people. But only about 50 percent of those women participate in the labor force, compared with 80 percent of men. The losses to an economy from economic disempowerment of women were estimated to range from 10 percent of GDP in advanced economies to more than 30 percent in South Asia and in the Middle East and North Africa.

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Uber pledges to fight UK Court decision that drivers should be treated as workers

Though the U.K. ruling will not apply to employees outside the country, it is part of a trend in which regulators are more closely scrutinizing a quickly evolving workplace and challenging traditional employment models. Only this week, Britain published its Good Work Plan, promising to clarify the tests around employment status as suggested by the landmark Taylor Review last year

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