1.
Delhi
employees to get paid leaves during G20 Summit
The
govt had announced public holiday in the capital city from September 8 to
September 10. Delhi government has directed shop owners, businesses and
other commercial establishments to provide paid leaves to their
employees in during the G20 Summit, that is, on September 8, 9 and 10. The
government had earlier announced a public holiday in the capital city from 8
September to 10 September for the G20 Leaders’ Summit. The event
is set to occur at the recently built convention centre situated in Pragati
Maidan, within the New Delhi area. Following this, all
proprietors operating shops, commercial ventures and enterprises within the
boundaries of New Delhi and the National Capital Territory (NCT) are
obligated to cease their activities during the said time period.
Furthermore, the authorities had proclaimed the temporary shutdown of banks,
financial entities, and business establishments situated in the region.
The event will host 29 national leaders, in addition to prominent
representatives from the European Union (EU), guest countries, and 14
leaders heading international organisations.
2.
Standard Chartered offers
20 weeks of paid paternity & adoption leave
The
Bank has enhanced its leave benefits to make them more inclusive. Standard
Chartered has unveiled has enhanced its paternity and adoption leave benefits,
with effect from 1 September, 2023. This initiative reflects the bank’s
commitment to promoting equitable parenting responsibilities among its
employees, irrespective of gender, relationship status, or the circumstances
under which a child becomes a permanent part of an employee’s family.
Under these progressive enhancements, employees will have the opportunity
to avail up to 20 weeks of paid paternity and adoption leave. This
groundbreaking policy underscores the Bank’s dedication to cultivating an
inclusive work environment that empowers employees to effectively balance their
personal lives with their professional aspirations.
3.
Hexaware
Technologies offers 120% variable payout to employees
The
company also plans to hire 6,000 employees in 2023. Hexaware
Technologies, a global IT services leader, has introduced an exciting variable
payout plan for employees, offering 100 per cent to employees, with the
top performers receiving an impressive 120 per cent over two years. This
reflects the company’s strong commitment to employee well-being, even during
uncertain times. Recognising how happy employees boost productivity and
creativity, Hexaware’s modern compensation approach aligns with its
growth-focused decisions. A recent 2023 Brand Finance Report raised Hexaware’s
rating to AA, acknowledging a remarkable 66 per cent brand growth in
three years.
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