Tuhin Kanta Pandey, chairman, Securities and Exchange Board of...
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Workplace/Employee Benefits
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Climate risks cost EU farmers 28 billion euros a year, EU says
“Climate change and its consequences could restrict farmers’ access...
Use of term ‘bouncer’ intended to invoke fear terror in public mind: HC
It also observed that the primary reason for engaging the services...
Under new Australian laws, jail, heavy fines for wage thieving employers
Under the proposed laws, the maximum criminal penalty for employers who are found to have intentionally engaged in wage theft will be increased to a 10-year imprisonment and fines worth up to 7.8 million Australian dollars ($5.03 million), or three times the amount...
Judge allows age-discrimination lawsuit against Elon Musk’s X to proceed
Elon Musk Illston ruled that the federal law banning workplace age bias allows plaintiffs to bring so-called “disparate impact” claims in a class action, an issue that has divided courts. A California federal judge has refused to dismiss a lawsuit accusing X, the...
Sompo International appoints Vicky Sarjeant as Head of Energy Insurance, Asia Pacific
Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has appointed Vicky Sarjeant as Head of Energy Insurance, Asia Pacific. She will be based in Singapore, and report to Paul O’Neill, President of Commercial Lines,...
DFS asks GIPSA to include GIC Re and AIC as its members
The move by the DFS has come at a time when GIC Re had already expressed its desire to the DFS to be treated separately from the rest of PSU general insurers in some areas particularly deciding wages and allowances of its employees New Delhi: The Department of...
World needs to move beyond cyber security to cyber immunity: Kaspersky Labs CEO
“In an age where technology can be used by good guys and bad guys alike, traditional cyber security is no longer enough. We need to revolutionise our defences to ensure we create a more secure digital world,” Kaspersky Labs CEO Eugene Kaspersky Bali (Indonesia): As...
India’s aviation watchdog reviewing fatigue data after pilot death
The rare review, which has not previously been reported, comes after an IndiGo pilot collapsed and died before his flight last week. That has sparked complaints from some Indian pilots that they are being stretched to the brink by airlines, even though they comply...
US sues SpaceX, alleges hiring discrimination against asylum recipients, refugees
“The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status, in violation of the Immigration and Nationality Act,” the...
Swiss Re ordered to pay former underwriter $1.6M for sexism, unfair dismissal
Ms. Sommer was awarded 1.29 million pounds in a ruling published on Thursday, which the tribunal said was for “injury to feelings, personal injury and aggravated damages” and other financial losses, including the loss of a bonus in 2021 London: A former Swiss Re...
Majority of employees report low levels of wellbeing at workplace: Report
Over 67 per cent of employees said their employer was responsible for their wellbeing while they were at work, the report said. Some factors like inclusivity, acceptance, respectful interactions, and the presence of supportive managers improve the wellbeing at a...
More than one-third of desks in offices around the globe are unoccupied all week: Report
“It’s time to rethink the humble desk.They dominate space in our offices, they’re expensive and we’re just not using them the way we were pre-pandemic. Companies just need less of them now that people do the majority of their focus work at home. Companies should...