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News on Medial
Paid leave to WFH - India Inc nudges employees to vote
Livemint
·
1y ago
Medial
Indian companies are taking steps to ensure their employees are able to vote in the upcoming national elections. Many firms, including Tata Consultancy Services, Amazon, and KPMG, are offering employees holidays, remote work options, and other flexibilities to enable them to participate in the democratic exercise. Some companies are allowing employees to travel to their voting constituencies and work remotely for a few days. Additionally, companies such as HCL Technologies, Flipkart, and Panasonic India have announced leave policies and paid holidays for voting. This concerted effort by India Inc. aims to encourage maximum employee participation in the elections.
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Related News
Amazon illegally called police on employees, terminated activist, alleges Labour
Livemint
·
1y ago
Medial
Amazon.com Inc. illegally called the police on employees, restricted discussions about organizing, and terminated an activist in the lead-up to a vote on unionization near Albany, New York, the US National Labor Relations Board alleged in a complaint Monday
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After receiving flak for 'laying off' employees under work stress, YesMadam claims no one was fired
YourStory
·
8m ago
Medial
YesMadam, a services marketplace, denies firing employees for being stressed at work after a LinkedIn post went viral. The post shared a screenshot of an email from the company's HR manager stating that employees who reported high stress levels in an internal survey would be let go. YesMadam clarified that employees were given a break to rest and recharge, and announced the launch of a corporate program called 'Happy 2 Heal', offering head massages and spa sessions at the workplace. The company will also introduce a 'De-Stress Leave' policy with six paid leave days annually and complimentary spa sessions at home.
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UK CEO gives employees paid leave for entire month of August.
Livemint
·
1y ago
Medial
Jo Hunter, CEO of 64 Million Artists, implemented a paid leave for her employees throughout August after noticing burnout and increased demand for creativity workshops. During this month, employees were not allowed to check emails or work on computers. Hunter believes the break led to better decision-making, clarity, and ambition, resulting in the company's significant growth. She challenges the conventional notion that hard work determines one's value, emphasizing the benefits of providing employees with space to pursue their interests.
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'Pushed me to take unnecessary leaves instead': Employee happy with European team, criticises Indian HR over WFH issue
Business Today
·
3m ago
Medial
An employee of a European company criticized the Indian HR for denying a work-from-home request due to a sprained foot, forcing unnecessary leave instead. The European manager had approved a week's remote work, but Indian management's restrictive policies created a toxic environment. This sparked Reddit discussions about HR roles, with users expressing that leave decisions should be manager-driven, not HR-dictated, highlighting cultural differences in work policies and approvals.
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Japan Brokerages Boost Pay, Perks to Keep Retirement-Age Workers
Livemint
·
7m ago
Medial
Japanese securities firms are increasing pay and benefits for employees who reach retirement age in an effort to retain talent in the country's aging workforce. Companies such as Daiwa Securities, Nomura Holdings, and Sumitomo Mitsui Financial Group are offering higher compensation, paid sick leave, and heavier responsibilities to senior employees aged 60 and above. As Japan's population ages and fertility rate declines, businesses are recognizing the importance of utilizing the experience and skill sets of older workers to stay competitive and address labor shortages.
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LTIMindtree asks employees to follow return-to-work mandate or lose leave
Livemint
·
11m ago
Medial
LTI Mindtree, one of India's largest IT services companies, has implemented a policy that links employee leave to their return to the office. The policy, called "Rhythm," categorizes employees into three groups based on their work nature and assigns them to work from the office for a certain number of days each week. In case of non-compliance, employees may lose leave days, and continuous violations could result in stricter disciplinary action. Other IT services companies in India have also been implementing similar policies to encourage employees to return to the office.
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Byju's gives up all office spaces except B'luru HQ, makes WFH compulsory for employees indefinitely
Business Today
·
1y ago
Medial
Indian edtech company Byju's has closed all offices across India, except for its headquarters in Bengaluru, as it faces a liquidity crisis. The move comes amid a dispute over the use of funds raised in a recent $200m rights issue. Byju's has around 14,000 employees in India and has made arrangements to ensure timely payments and continuous operations. The company has been dealing with layoffs, reduced venture capital funding and a slowdown in demand for online learning since the start of the Covid-19 pandemic. It is also facing an oppression and mismanagement suit from four investors.
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Gurugram-based agency grants Monday off over World Cup loss
Livemint
·
1y ago
Medial
Gurgaon-based advertising company, Marketing Moves & MARKETING MOVES AGENCY, granted its employees a one-day leave after India's loss in the ICC Cricket World Cup 2023. The company's decision to offer this leave was seen as a morale booster and an opportunity for the employees to recover from the loss and return to work with renewed energy. The move was praised for prioritizing employee well-being and promoting a value-driven culture. Australia defeated India by 6 wickets in the final match.
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Accepting over ₹2 lakh in cash? Financial advisor warns splitting payments won’t save you from full penalty
Business Today
·
4m ago
Medial
In 2024, the average attrition rate at India Inc showed a decline despite global uncertainties. This trend indicates that employees are prioritizing stability over exploring new growth opportunities during this period.
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Microsoft settles California probe over worker leave for $14 million
Economic Times
·
1y ago
Medial
Microsoft has agreed to pay $14 million to settle claims made by the California Civil Rights Department that the company illegally penalized employees who took medical or family-care leave. The allegations stated that Microsoft retaliated against California-based employees who used leave by denying them raises, promotions, and stock awards. The settlement, subject to court approval, would resolve a multiyear investigation and includes provisions for an independent consultant to review company policies and training for managers and HR personnel. Microsoft denies any wrongdoing and states it is committed to supporting its employees' leave needs.
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