Tag: Benefits

Menstrual leaves for women staff of AU Small Finance Bank

That diversity and inclusion are important for AU Small Finance Bank is clear from the recent announcement of the menstrual leave policy for women...

Elon Musk slashes several employee benefits at Twitter

After the massive layoffs, the majority of the benefits that Twitter used to give its employees have apparently been reduced by Elon Musk. These benefits...

‘Engage all employees on fixed terms by Feb. 2023’: UAE labour...

To ensure more flexibility, the United Arab Emirates' (UAE) ministry of human resources has amended its employment relationship regulations. As per the new labour law,...

Why hyper-personalising employee rewards & benefits calls for caution

Customising employee rewards & benefits is welcome, but organisations must manage and strategise the process with care, point out HR leaders. The importance of rewarding...

Seagate to lay off 3,000 as part of restructuring

With revenues dipping 35 per cent in quarter one of financial year 2023 and demand for falling too, Seagate Technology has decided to undergo...

US Labour Department proposes to redefine the status of gig workers

The US Labour Department has proposed to redefine the status of gig workers or contract workers in the country. The move is expected to...

Do employees want better pay and less benefits or vice versa?

The age when employees used to settle for whatever their employers offered is long past now. Today’s employees are actively seeking better pay and...

Amazon drivers to get pay hike, education reimbursement

Amazon wishes to spend over $5,000 on education reimbursement for its drivers. It also plans to provide them financial assistance for a 401(k) investment...

Googlers demand abortion benefits for contract workers too

The landmark case of Roe Vs Wade was overturned by the US Supreme Court, holding that the country no longer offers federal constitutional right...

Cashless medical scheme for UP government staff, pensioners

A scheme has been rolled out by the Government of Uttar Pradesh, which offers cashless medical facility to government staff, pensioners and their family...

Odisha hikes minimum wage; offers ESI benefits to core sanitations workers

The Government of Odisha has revised the minimum daily wages of unskilled, semi-skilled, skilled and highly skilled workers to Rs 326, Rs 366, Rs...

P&G India extends company benefits to partners of LGBTQ+ employees

Procter & Gamble (P&G) has announced that the partners of the LGBTQ+ employees at P&G, will also enjoy the medical benefits offered by the...

Air India staff to get social security benefits under EPFO

Following the privatisation of Air India, its employees have now been covered under the Employees' Provident Fund & Miscellaneous Provisions Act 1952, starting December...

New benefits, hike for KSRTC employees

With the present contract having expired about five years, the Kerala State Road Transport Corporation has come up with a new salary contract after...

Claims for unemployment benefits drop drastically in the US

Never has the US witnessed such a dip in the number of applications for unemployment benefits since 1969. However, experts attribute this to seasonal factor...

Kellogg’s wants union to allow employees to vote on the latest...

Since September 8, the Kellogg's workers at four plants of the Company in America, namely Michigan, Nebraska, Pennsylvania and Tennessee have been on strike....

Workers at Volkswagen’s Mexico unit negotiate 5.5% raise in pay, benefits

After three weeks of negotiations, Volkswagen’s Mexico unit has agreed to increase the pay and benefits of workers by 5.46 per cent, with increase...

Diageo staff can now avail 26-week parental leave

Employees of Diageo India, the alcohol and beverages company, may now enjoy a 26-week long parental leave post birth or adoption of a child....

Bumble makes week-long holiday twice-a-year affair

Last month, Bumble, a dating and social-media app, announced a week-long break for all its employees, globally, in order to tackle the issue of...

Labour Ministry ensures more social security via EPFO, ESIC schemes

Ministry of Labour and Employment has introduced more benefits for its employees via schemes run by the Employees’ Provident Fund Organisation (EPFO) and the...

Subway hopes to hire 40,000 in May amidst growing sales

Subway is gearing to hire 40,000 in May across the US for various roles, from entry to managerial level. The surge in sales has...

Gig workers may be better protected in the US now

The rule that would have facilitated classifying gig workers as independent contractors rather than employees may soon be on its way out, if the...

“Extend benefits,” says Air India Employee Union

The Air India Employee Union (AIEU) is seeking a meeting with Civil Aviation Minister Hardeep Puri, to request an extension of medical scheme, leave...

Remote.com raises $ 35 mn in Series A funding

Remote.com, the human resources technology platform has secured $35 million in Series A funding led by Index Ventures and Sequoia Capital. Angel investors Aaron...

EPF subsidy relief for employers, staff

For two consecutive years, the Government will cover the 24 per cent that employees and their employers contribute towards the Employees’ Provident Fund (EPF)...

Amazon to hire another 100,000 across the US and Canada

Tech giant, Amazon, plans to hire around 100,000 operations executives across 100 new fulfilment centres, delivery stations, sortation centres and other sites in the...

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

Latest

Whom to hire? Employees laid off from Google, Amazon, Microsoft or Meta?

The series of layoffs that have swept across large technology companies, such as Google, Amazon, Microsoft and Meta, have created an abundance of talent...

Maternity leave issues across the globe

In India, about 40 government doctors in the state of Tamil Nadu are being denied maternity leave and associated benefits. These doctors who went...

Bombay HC: Financial crisis is no excuse for not paying employee

A city labour court ruled that  financial crisis cannot serve as a reason for not paying employee salaries and ordered a computer services company...

Employers need to change work contracts warns UAE

The United Arab Emirates (UAE) has recently announced a change to its labour law, requiring employers to transfer their employees to limited-term contracts. The...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...