Menstrual leave A digital media company in India is offering "menstrual leave" to female staff as part of its official policy and calling on authorities to legislate to give all working women the option of taking the first day of their period off work. The firm, which has 75 female workers, announced the policy in a video on YouTube . It features female employees talking the first day of their periods and reacting to the news of the company's "First Day of Period (FOP) Leave" policy. Menstruating women and girls are considered unclean and impure and are subjected to discrimination during their periods when, for example, they may not be allowed to go to the temple, or prepare and touch certain food. In the video, which has had over 150,000 views since July 3 2017, Culture Machine's female staff talk of their experiences at work on the first day of their periods and the taboos and lack of understanding around the issue of menstruation. "Sometimes with male bosses, you have to be a little discreet," said one female employee. The company has also launched a petition on change.org calling on India's Minister for Women Maneka Gandhi and the Minister for Human Resources Prakash Javadekar to adopt a similar policy for all women irrespective of where they work. The petition, which has attracted over 25,000 signatures in a week, asks why menstruation be kept hidden and why women have to show up for work despite the pain and use "silly excuses". Marriage leave ; Khaitan launches new leave policy ; Khaitan & Co is one of India’s oldest and full service law firms comprising over 530 fee earners and consultants including 115 partners and directors. The firm has introduced reinstatement of leave dependent on the number of days a member has worked for more than 7 hours a day when on planned leave. The other changes include five days for Marriage Leave, fourteen days for Paternity Leave, and reduced work hours for three months, for mothers who rejoin the firm after Maternity Leave. With a view to addressing the taxing schedules of corporate lawyers, the firm has introduced Recuperation Leave for firm members who do intense work on a continuous basis. Members who have completed five continuous years with the firm are also eligible for a three-month Sabbatical Leave. Health Benefits— Health benefits are often included as part of an employee’s indirect financial compensation. Specific areas include health, dental, and vision care. Most Americans who have health insurance through their employer (and many who are self-insured) are enrolled in some type of a managed care plan - either an HMO or PPO. The most common types of managed care plans are health maintenance organizations (HMOs) and preferred provider organizations (PPOs). Facts [+] Although most Americans still get their health coverage through their jobs, new research from the Employee Benefit Research Institute shows that fewer workers have access to this benefit. The report notes that the percentage of the population with employment-based health benefits is lower, most recently due to the recession, but also as part of a longer-term trend that has seen fewer workers with access to health coverage. Fewer employers are offering health coverage to their workers. Between 1997 and 2010, the percentage of workers offered health benefits from their employers moved from 70.1% to 67.5%. Zomato - Period (menstrual) leave 08.08.2020 : Zomato a food delivery company introduce this period leave to build a more inclusive work culture, and on a move to "foster a culture of trust, truth and acceptance", will give female employees, including transgender people, up to 10 days of "period leave" (menstrual leave) per year that is woman employee can only take one period leave for each menstrual cycle. These leaves should only be availed if you are really unable to attend to work In case women in this situation face any unnecessary harassment, or distasteful comments from men or women about the fact that you applied for a period leave, or that you are vocal about it, please report them to – Zomato prevention of sexual harassment (POSH) team will quickly spring into action - CEO said. Security Benefits Security benefits include retirement plans, disability insurance, life insurance, and supplemental unemployment benefits. Feb 2012, WASHINGTON: The US House of Representatives passed a compromise bill on Friday extending a payroll tax cut and jobless benefits through 2012, measures aimed at boosting the US economy. The bill passed by a vote of 293 to 132 and nine abstentions, with broad support from Democrats and Republicans, after a bipartisan deal was reached to end a long and bitter fight over a key proposal by President Barack Obama. The cost of the package has been estimated at $150 billion. The plan is expected to extend a cut in the Social Security tax rate -- from 6.2 to 4.2 per cent -- for another 10 months, and extend unemployment benefits through the end of the year. It will mean a salaried worker making $50,000 a year will be getting about $1,000 more in take-home pay over the course of the year. Private retirement plans provide income for employees who retire after reaching a certain age or having served the firm for a specific period of time. In a defined benefit plan, the employer agrees to provide a specific level of retirement income that is either a fixed dollar amount or a percentage of earnings. A defined contribution plan is a retirement plan that requires specific contributions by an employer to a retirement or savings fund established for the employee. A 401(k) plan is a defined contribution plan in which employees may defer income up to a maximum amount allowed. An employee stock ownership plan (ESOP) is a defined contribution plan in which a firm makes a tax-deductible contribution of stock shares or cash to a trust. Workers’ compensation protects employees from job-related accidents and illnesses. Some firms, however, provide additional protection that is more comprehensive.
Group life insurance is a benefit commonly provided to protect the employee’s family in the event of his or her death. Although the cost of group life insurance is relatively low, some plans call for the employee to pay part of the premium. A pay and benefits an employee receives when they leave employment at a company. Severance packages are most typically offered for employees who are laid off or retire. Severance pay was instituted to help protect the newly unemployed. Sometimes, they may be offered for people who resign, regardless of the circumstances; or are fired. Policies for severance packages are often found in a company's employee handbook, and in many countries are subject to strict government regulation. Typically, severance pay amounts to a week or two of pay for every year that the employee was with the company. Executives may receive a month's pay for each year of service and senior executives generally receive severance pay as outlined in the employment contract. In addition to pay, severance packages can include extended benefits, such as health insurance and outplacement assistance to help the employee secure a new position. More >> Employee Services Organizations offer a variety of benefits that can be termed employee services. These benefits encompass a number of areas including relocation benefits, child care, educational assistance, food services/ subsidized cafeterias, and financial services.
Facts [+] The employer trend of providing on-site childcare continues as more businesses discover the positive impact child care has in attracting and retaining quality workers. Eighty-five percent of employers report that providing child care services improved employee recruitment and almost two-thirds of employers found that providing child care services reduced turnover.
Domestic partnership benefits A domestic partnership is a legal or personal relationship between two individuals who live together and share a common domestic life but are neither joined by marriage nor a civil union (legally recognized form of partnership similar to marriage.). In some jurisdictions, such as Australia, New Zealand, the American states of Oregon, Washington, Nevada, and California, a domestic partnership is almost equivalent to marriage, or to other legally recognized same-sex or different-sex unions, while in other jurisdictions, domestic partnerships may confer lesser relationship rights than other jurisdictions' civil unions and more than de-facto cohabitation. More organizations are offering benefit coverage to domestic partners. According to a recent Human Rights Campaign report, the number of companies offering domestic partnership benefits increased by nearly 13%. This trend is driven by several factors, including changing demographics, the desire to be fair, the need to diversify the workplace, and to improve employee morale. If an employer offers domestic partnership benefits, this allows an employee to obtain for his or her partner (and sometimes their children) benefits that typically have been limited to married spouses. These can include health insurance, family leave, bereavement, relocation, tuition waiver, etc., and vary from employer to employer. Such benefits are not transferable from job to job; if a given employer offers domestic partnership benefits, they are offered as specific terms of employment. If you leave your job, you also leave the benefits. Voluntary retirement benefit When a company realizes that it needs to downsize its scale of operations, its first task is to examine alternatives to layoffs. One of the most popular of these methods is early or Voluntary retirement. In case of voluntary retirement the normal retirement benefits are calculated and paid to all such employees who put in a minimum qualifying service Sometimes the employer may encourage the employees to retire voluntarily with a view to reduce surplus staff and cut down labour costs. Attractive compensation benefits are generally in built in all such plans (referred to as golden handshake scheme). To reduce post retirement anxieties companies these days organize counselling sessions, and offer investment related services (e.g. Citibank , Bank of America) Some companies extend medical and insurance benefits to the retirees also e.g. Indian Oil corporation. More >> Facts [+] To reduce its excess and non-performing employees, state-run Oil & Natural Gas Corp (ONGC) has come up with a sweetened separation package. ONGC's new voluntary retirement scheme (VRS) offers lucrative medical benefits without any cost to employees. It will be available until the first week of July. Its previous VRS scheme did not provide free medical support after retirement. In the past six years, barely 476 people opted for VRS. ONGC's more than 33,200 employees produce 26.92 million tonnes of oil a year. In comparison, 1,450 employees at Cairn India produce 10 million tonnes a year. At Cairn India's level of productivity, ONGC would be able to do its job with less than 4,000 people, although the state-run firm says it is not a fair comparison because ONGC is an integrated energy company. Premium Pay Compensation paid to employees for working long periods of time or working under dangerous or undesirable conditions.
Festival gifts Especially India is the land of many Hindu festivals, art which Diwali festival is very special and well celebrated festival by almost all Indians as Diwali stands for victory of good or evil. On this auspicious day many organisations give gifts to their employees so as to boost the morale of employees and to motivate them. The diamond trader and the owner of Shri Hari Krishna Exports has gifted 600 cars as Diwali bonus to his employees. Here we have compiled all cars gifted by Savji to his employees till date. Savji Dholakia, the renowned diamond trader from Gujarat is into the headlines once again for an obvious reason. The owner of Shri Hari Krishna Exports has gifted 600 cars to his employees on the occasion of Diwali. This is not the first time that Savji has gifted such a massive Diwali bonus to his employees. The Gujarat businessman started appearing in the news and gathering attention since the year 2016. Savji says that he loves gifting cars to his employees and by getting such a gift, an employee feels motivated and at the same time, feels a lot more confident and looks for a long association with the company. Here is what all cars Savji has gifted to his employees till date and how many employees have got lucky till date. Renault Kwid and Maruti Suzuki Celerio This Diwali, Savji Dholakia has gifted 600 cars to his employees as Diwali bonus. 1,500 employees have been selected under the loyalty programme by the company out of which 600 have opted for cars while 900 will be handed over fixed deposit certificates. Dholakia said that for the first time, the employees of his company will be receiving certificates and car keys from the hands of the PM. According to Dholakiya, the company will pay gifts worth close to Rs 50 crore under the loyalty programme this year. Mercedes-Benz GLS 350d Last month, Dholakia gifted three Mercedes-Benz GLS SUVs to his employees upon their completion of 25 years of association with the company. The on road price of the Mercedes Benz GLS SUV in Surat is presently close to Rs 1 crore. The Mercedes-Benz GLS 350d gifted by Savji Dholakia to his employees. Datsun redi-GO Savji Dholakia gifted 1200 units of the Datsun redi-GO cars to his employees out of which 650 cars were delivered by Datsun on a single day. The brand new cars were gifted to those employees who had not received any incentives in the past year. However, there is a catch to it. All cars were purchased on down payment by the company with a five year EMI plan that was to be fulfilled by the company. In case an employee parts ways with the company, the remaining EMIs was to be submitted by him. The Datsun redi-GO was also a part of the 1260 cars that Savji gifted to his employees on Diwali in 2016. Maruti Suzuki Alto Savji Dholakiya gifted 1260 cars to his employees on Diwali 2016 and the Maruti Suzuki Alto constituted the major part of the fleet. Apart from gifting 1260 cars, the business tycoon also 400 flats to his employees as Diwali bonus. The company had revealed that it has offered Diwali bonus worth Rs 51 crores to the employees in the said year. Fiat Punto On the occasion of Diwali in the year 2014, Savji Dholakiya gifted 500 Fiat Punto cars to his employees. A total of close to 1200 employees were selected under the loyalty programme under which they were asked to choose between a brand new car, jewellery and a flat. While gifting Diwali bonus to his workers, Savji that all his dreams have come true through his workers. He also added that his company is the first in the world to offer Rs 3.60 lakh worth incentives to each of 1200 diamond workers. https://www.financialexpress.com/auto/car-news/gujarat-businessmans-massive-600-cars-diwali-bonus-list-of-cars-gifted-by-savji-to-his-employees-till-date/1360889/ Funeral expenses- In case if an employee demise (if death occurs while doing work in the factory premises or in the course of employment, such cases attracts Workmen's Compensation Act, 1923, however payment of the expenditure towards funeral is mandatory according to the section 4(4) ) i.e. Rs.5000/- according to the amendment in the year 2009) most of the organisations pay funeral expenses to their family members to meet expenditure towards Cremation or burial of an deceased employee which depends on their religious customs and traditions. If a deceased employee is a member of trade union under the Trade union Act 1926, the deceased employee's family members can approach office bearers of that trade union according section 15 of the Trade union Act 1926, for requesting funeral expenses or religious ceremonies of the deceased employee. |
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