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Health and motor insurance renewal date further extended till May 15
“With a view to mitigate hardship to policyholders whose health&motor (3rd party) insurance policies are due for renewal during lockdown, Govt. has issued a notification allowing policyholders to make payments on or before 15.05.2020 towards renewal of their policies,” said Finance Minister N Sitharaman .
Japan minister Shinjiro Koizumi becomes first to announce paternity leave
Both parents can take up to a year off in Japan , with additional renewable six-month periods if a nursery place is unavailable.But only six per cent of fathers take parental leave, compared to more than 80 per cent of mothers who use their allowance beyond the mandatory eight weeks after birth.
Mandatory standard health policy to have lifelong renewability:IRDA
General and health insurers should offer this product from April 1, 2020 onwards.Irdai has fixed the minimum entry age as 18 and maximum as 65 years and said the policy is subject to lifelong renewability
Bank of England enhances scrutiny of Lloyd’s whistleblower systems
No menopause policy for women employees in government, private sectors
The minister said the National Health Mission envisages achievement of universal access to equitable, affordable and quality health care services that are responsive to peoples needs.
The strategy is based on provision of comprehensive care through the five pillars or thematic areas of reproductive, maternal, neonatal, child and adolescent health and is guided by central tenets of equity, universal care, entitlement, and accountability, and it has been developed to provide an understanding of ‘continuum of care’ to ensure equal focus on various life stages.
Salaries in India may rise over 9% in 2020, real wages by 5%: Global report
“Given the increasing cost pressures on the businesses, fixed salary sees a slow growth whereas high performers will continue to see a steady growth in total remuneration including performance incentives (short and long term),” .
IRDAI makes it mandatory for general insurers to offer a standard health product
All insurers may endeavour to provide coverage for one or more systems covered under “AYUSH treatment” provided, the treatment has been undergone in the hospitals or healthcare facilities subject to the guidelines as may be specified by the Authority from time to time.”
Cabinet approves Industrial Relations Code Bill
It also provides for imparting flexibility to the exit provisions relating to retrenchment and others, for which the threshold for prior approval of appropriate government has been kept unchanged at 100 employees, but added a provision for changing ‘such number of employees’ through notification (executive order)
AI, analytics among tech skills highest in demand: Infosys
“There is not just a talent war — it’s a famine. To succeed, companies must hire, develop, and retain talent better than their competition,” said Pravin Rao, Chief Operating Officer, Infosys.
Mexico oil company Pemex offers health bonuses for employees with skinnier waists
A more productive method of encouraging wellness among employees is to incentivize healthy behaviors, said Dr. Scott Kahan, director of the National Center for Weight and Wellness in Washington. These can include giving workers’ insurance rebates for trips to the gym, or encouraging participation in lectures on healthy eating and living. Also, companies can reduce sweets and provide healthier snacks in the office, or give employees’ more time during their lunch break to buy wholesome food or exercise.