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Workplace/Employee Benefits
Empower parents, enable breastfeeding
In addition to their impact on children, family-friendly policies support women’s participation in the workforce, improve their physical and mental health, and enhance family well-being. They also advance business objectives and strengthen the economy. Such policies have been shown to increase employee retention, improve job satisfaction, and result in fewer absences. In short, family-friendly policies are good for families, babies and business.
Working more than 10 hours can increase risk of stroke
“The association between 10 years of long work hours and stroke seemed stronger for people under the age of 50. This was unexpected. Further research is needed to explore this finding,” said Alexis Descatha, the author of the study.
Be a smart manager: Resolving conflicts between employees can lead to higher productivity
“The data shows that companies reap the benefits when conflict among employees is reduced, there are certain types of conflict that can’t resolve themselves. This work can help managers identify those conflicts and actively step in to resolve them, ultimately leading to better performance,” said Brian Uzzi, Professor at Northwestern University in the US.
Found love at work? It may be unhealthy for the aspiring ‘power couple’
Author Arvind Parashar, who has worked with corporates like Dell, Genpact and GE in senior leadership roles before he took to full-time writing, said love is perceived to diminish when you attain the CXO level in the corporate world, but that is not actually the case always and several CEOs or power couples tend to be particular about the holidays and destinations with their family or partners.
Indian Millennials prefer buying larger Health Cover:Policybazaar
The latest trend of shifting preference towards buying policies with higher sum insured is in sharp contrast to the millennial buying trends five years back, when Rs. 3 lakhs and 2 lakhs were the most sought after health cover marks.
Cabinet launches pension covers for farmers and retail traders
The new UnionCabinet under PM Modi approved the Pradhan Mantri Kisan Pension Yojana under which small and marginal farmers will get a minimum fixed pension of Rs 3,000 per month on attaining the age of 60 years. Cabinet in its meeting also approved a new scheme that assures minimum monthly pension of Rs 3,000 to all shopkeepers, retail traders and self-employed persons after attaining the age of 60 years
Companies re-designing job roles due to changing industry trends: Survey
Nearly half (47 per cent) of senior HR professionals are predicting a skills shortage in the country in the near future and, as a result, over one-third (37 per cent) are focusing on making changes in job descriptions to swiftly adopt changing trends, according to the survey by job portal Shine.com.
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.
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
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.