PARENTAL LEAVE POLICY
Social media companies list out worries as Centre readies data protection rules
Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.
Microsoft settles California probe over worker leave for $14 million
Microsoft agrees to pay $14 million to settle claims of retaliating against workers for taking leave in California. The settlement also mandates hiring a consultant and providing training to prevent future discrimination.
Why these Chinese working mothers don't want more babies
A woman leading a financial team earning more than her husband, another pursuing a dream to become a civil servant, and a budding influencer aiming to be the family breadwinner are all young mothers in China who have one thing in common: they are raising one child and don't want another, regardless of their husbands' opinions or the government's incentives aimed at addressing an aging population.
Not just employers with benefits! India Inc looks to be more to woo talent
Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent
Kejriwal hugs children, touches parents' feet before surrendering at Tihar jail after bail ends
Kejriwal's wife Sunita, son Pulkit and daughter Harshita also accompanied him for his surrender. Sharing visuals of the family's last moments together, the AAP wrote in a post on X, "Bharat Mata's brave son Arvind Kejriwal ji took blessings from his parents and hugged his children before going to jail to save democracy. Kejriwal will not bow down to dictatorship."
US stocks listless in countdown to Nvidia results, Fed minutes
All eyes will be on whether semiconductor bellwether Nvidia's first-quarter results, due after markets close, can meet sky-high expectations and sustain the bumper gains the company's shares and other AI-related stocks recorded. The Nasdaq briefly touched a fresh record high in choppy trading.
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Focus on inclusion; representation will follow, says Balaji Sreenivasan, EVP-HR, Colgate-Palmolive India
Companies focus on Diversity, Equity, and Inclusion (DEI) for societal change and business benefits. Balaji Sreenivasan of Colgate-Palmolive India highlights authentic representation, an inclusive work environment, and the extended Supportive Caregiver Policy. They introduce the Workplace Inclusivity Policy, gender-neutral primary caregiver leave, and benefits for people with disabilities (PwDs).
India Inc embraces gender-neutral parental leave policies for inclusive work environment
India Inc revamps parental leave policies to support changing family structures and foster inclusion. Companies like Colgate-Palmolive and Hindustan Unilever introduce gender-neutral initiatives. Volvo Group and Standard Chartered enhance parental leave programs. Expert Mansee Singhal emphasizes economic benefits for organizations.
Wanted: Policies that support womens’ advancement in the workplace
In India, women face significant barriers in the workplace, from the burden of unpaid care work to the gender pay gap. Despite anti-harassment policies like the POSH Act, compliance remains a challenge, contributing to the "leaky pipeline" where women exit the workforce.
Explained: Why WhatsApp is willing to leave India over encryption
After the messaging platform said that forcing it to break message encryption may lead to its exit from India, the Delhi HC has said the right to privacy can’t be absolute. Here’s a look at why the company is arguing that its end-to-end encryption cannot be compromised
Wall Street Week Ahead: Lofty US stocks leave investors punishing earnings disappointments
Strong reports from Microsoft and Google parent Alphabet on Thursday helped propel the S&P 500 to its biggest weekly gain since early November following its first 5% pullback of the year. The S&P 500 is up about 7% in 2024 and some 24% since late October.
Wealth Redistribution Row: 50% of your wealth should go to public? Sam Pitroda clarifies stance on inheritance tax
Indian Overseas Congress Chairman, Sam Pitroda, elaborated on the party's stance on wealth redistribution. Speaking to ANI, he described it as an intriguing policy that benefits not only the super-rich but also the general populace.
What’s new in paw-some perks? Insurance, leaves & more
New-age companies like WeWork, DriveU, InMobi, Simpl, and Bizongo are embracing pet-friendly policies and practices to accommodate employees with canine companions. These companies offer pet insurance plans, special leave for pet care, employee resource groups, adoption drives, and time off to mourn the loss of pets. Pets are considered a part of the family and have a positive impact on morale, productivity, and stress reduction.
Swiggy expands definition of parenthood to include pet parents
The company has rolled out the 'Paw-ternity Policy' that allows employees with pets time off and other benefits to care for their pets.
The SAT’s return has frantic parents hiring $500-an-hour tutors
The demand for SAT tutors has surged as elite colleges reintroduce standardized testing requirements. Kat Cohen, CEO of IvyWise, notes an uptick in families seeking tutoring services, realizing the importance of standardized tests in college admissions. Kaplan, a major test prep agency, reports a significant increase in enrollment, attributing it partly to the transition to digital SATs and the return of mandatory testing at some universities.
Three is best: How China's family planning propaganda has changed
China's one-child policy, once strictly enforced, has transitioned to promoting a pro-birth culture. However, birthrates continue to decline despite financial incentives, beauty pageants, and rap videos. Critics point out the challenges of an aging population and rising costs in raising multiple children. The government now emphasizes self-reliance and family support.
HUL rolls out kinship caregiver leave policy
Hindustan Unilever Ltd (HUL) introduces a foster/kinship caregiver leave policy, offering up to 4 weeks of leave to employees for pre-adoption foster care or becoming legal guardians. The policy emphasizes diversity, family wellbeing, and compliance with guidelines and acts.
China to improve childbirth policies, boost support for elderly
The measures come after China's population fell for a second consecutive year in 2023, with new births dropping to about half of those in 2016, while marriages hit a record low in 2022.
Medical education regulator asks States, UTs to do away with seat leaving bond in medical colleges
The National Medical Commission (NMC) urges states and UTs to eliminate the seat leaving bond policy in medical colleges to support students' mental health. Instead of a heavy bond, states can consider debarring students who wish to leave the seat from admission in their state for one year. The NMC has received complaints about high levels of stress, anxiety, and depression among medical students, especially PG students.
Rules set to school coaching centres divide students, parents, and experts
The new guidelines direct coaching centres, among various things, not to enrol students below 16, not make misleading promises, not charge exorbitant fees, ensure mental welfare of students and have an exit policy for those wanting to leave a course midway.
Vedanta introduces 12-month sabbatical leave for new mothers
Vedanta Ltd. has implemented a comprehensive parenthood policy, including a 12-month sabbatical for new mothers. The policy provides options for working from home or flexible hours after maternity leave. It also supports career growth during maternity leave. The benefits extend to all employees, including single parents and LGBTQIA+ individuals.
What is most tax-efficient way to encash my leaves before March 2024?
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Mamaearth parent Honasa’s IPO at a crossroads, and other top tech, startup stories this week
This week the much-awaited initial public offering (IPO) of omnichannel retailer Honasa Consumer Ltd, the parent of beauty and personal care brands such as Mamaearth and The Derma Co, was launched.
Volvo Group rolls out gender-neutral programme for new parents within workforce
Volvo Group India has introduced a gender-neutral parental leave programme, which allows 26 weeks of leave for primary caregivers either paid or unpaid, and a month of leave for secondary caregivers, available in tranches up to a year later. The company also plans to build more opportunities for women leaders with its career re-entry programme for women who break their careers to care for family and its Empower initiative, targeting women for promotions. The company has flexible working hours to let employees work from home.
After workforce, Elon Musk cuts down Twitter's parental leave to 14 days from 20 weeks
Twitter, which Elon Musk bought for $44 billion last year, has not only fired half of the employees, but also implemented several new rules as cost-cutting measures
Companies warm up to liberal parental leave policies
From April 1, financial services firm JP Morgan will be increasing paid paternity leave in India from the current 10 days to 16 weeks; adoptive/surrogate parents will also be entitled to the same. Pfizer India announced a 12-week paternity leave policy for both biological and adoptive fathers.
Pfizer announces 12-week paternity leave policy for biological, adoptive fathers within workforce
The policy offers birthing and non-birthing fathers the flexibility to avail leaves over a period of two years. The minimum number of leaves that can be availed in a single tranche is two weeks and the maximum is six weeks. In case of any complexity, the employee will be allowed to take additional leaves under the company's leave policy which includes casual leave, elective holiday, and wellness days.
Zeta rolls out slew of initiatives towards parental support
The company is moving away from gender-based differentiation for parental leave and will instead look at the role of primary or secondary caregiver. Secondly, there will be no differentiation on natural birth, surrogacy, or adoption.
Diageo India announces equal parental leave for all employees; introduces 26-week paternity leave
Effective July 30, 2021, this policy is applicable to all new parents, and can be availed by new fathers anytime within 12 months of the birth/ adoption of the child, thereby allowing the mother to better manage her career as well as other priorities.
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