employers | Common News Update

Jan292021 by adminNo Comments

OSHA offers new virus safety guidance for employers

Health

President Joe Biden’s administration released new workplace guidelines Friday that signaled a more proactive approach to protecting workers from the coronavirusBy JOSEPH PISANI AP Business WriterJanuary 29, 2021, 10:12 PM• 2 min readPresident Joe Biden's administration released new workplace guidelines Friday that signaled a more proactive approach to protecting workers from the coronavirus.The new guidance from the U.S. Occupational Safety and Health Administration seeks to protect all types of workers, not just ones who are deemed to be at higher risk of contracting the virus depending on where they work.It also asks employers to shield workers from retaliation if they complain about conditions and sets up ways for them to voice complaints anonymously. And it wants employers to g...

Sep242020 by adminNo Comments

Grappling with childcare while working from home? How employers plan to help

Finance

10'000 HoursAs employee benefits enrollment season rolls in, companies are weighing new ways to accommodate working parents.About 4 out of 10 large companies polled by benefits consultancy Willis Towers Watson said they believe the programs they currently have in place do an effective job of supporting these employees.The firm surveyed 553 U.S. employers, most of whom have at least 1,000 employees, on the week of Sept. 7."The reality is that employers have looked at a variety of tactics, considering the pandemic and closed schools," said Rachael McCann, senior director of health and benefits at Willis Towers Watson.More from Invest in You:How to plan for retirement in your 50sWith remote work flexibility, some people opt to relocate ahead of retirementDreaming of retiring abroad? Here's wh...

Mar32020 by adminNo Comments

81% employers feel new income-tax regime not to benefit staff: Survey

Finance

MUMBAI: A survey of HR and finance professionals across companies has found that a vast majority (81 per cent) of them don't consider the new optional income tax regime beneficial for their employees. The government in Budget 2020-21 offered new tax slabs for taxpayers forgoing all existing deductions and exemptions. The survey conducted by HR specialist Mercer across HR and finance professionals from 119 companies found that as much as 81 per cent of their employees feel that the new tax regime will not benefit them. As much as 60 per cent respondents feel that those within the income bracket of Rs 5-10 lakh and Rs 10-25 lakh will be impacted by the new tax regime. "A higher 80 per cent of responding employers think that the new tax regime will adversely affect the retirement savings beha...

Jul182017 by adminNo Comments

Europe says employers must warn job applicants before checking them out on Facebook

Finance

Facebook reaches 2 billion monthly usersEurope has a message for employers: Think twice before you check the social media profiles of job applicants. European officials have issued new guidelines that warn bosses about the legal hazards of scrolling through the social media profiles of potential hires. The rules require employers to issue a disclaimer before they check applicants' online accounts, including Facebook(FB, Tech30), Instagram, Snapchat(SNAP), Twitter(TWTR, Tech30) and LinkedIn. If applicants don't see the warning, the company could be in breach of European Union data protection rules. Employers are also barred from compiling social media data as part of the hiring process unless it is "necessary and relevant" for a particular job. The guidelines are part of a lengthy docum...