by AIP Online Bureau | Oct 6, 2022 | Indian News, Non-Life, Workplace/Employee Benefits
“The ministry of finance wants the unions to agree for the performance based wage revision in future before effecting the new revision of 12 per cent hike with five years of arrears for the workforce of the general insurance industry,” said sources in the...
by AIP Online Bureau | Aug 17, 2022 | Health, Indian News, Non-Life
The GIPSA, the coordinating agency for four PSU general insurers and GIC Re, on Tuesday has informed that the department of financial services has agreed to revive the free health cover facilities for GMDs who were affected by the Delhi HC judgment in “Ravi Vs...
by AIP Online Bureau | Aug 11, 2022 | Indian News, Non-Life, Policy
“Pay scales offered to us as on 01st August 2017 with loading factor of 10 per cent put us in most disadvantage when compared to those granted to LICI and ECGC,’’ said unions in their letter to Suchita Gupta, chairperson of GIPSA, the official coordinating...
by AIP Online Bureau | Aug 4, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
The unions of PSU general insurance industry are yet to respond to the new proposal However, there are indications that the unions will reject the latest wage revision proposals from the GIPSA and would like to stick their demand for a pay parity with Life Insurance...
by AIP Online Bureau | Jul 30, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
In a letter to Suchita Gupta, chairperson, GIPSA, on Tuesday, unions had pointed out,“Failure of the DFS and our managements to address the genuine demands of the workforce have created a lot of distrust which needs to be rebuilt. You must have noticed the anguish of...
