labour welfare
11:02
Showing posts with label banking for women. Show all posts
Showing posts with label banking for women. Show all posts
Sunday, 29 May 2022
Saturday, 20 July 2019
Friday, 8 March 2019
Thursday, 30 November 2017
Wednesday, 4 October 2017
news
19:58
NATIONAL WOMEN OFFICERS' CONVENTION IN MUMBAI ON 4th & 5th NOVEMBER, 2017
NATIONAL WOMEN OFFICERS' CONVENTION IN MUMBAI
ON 4th & 5th NOVEMBER, 2017
Saturday, 18 March 2017
maternity leave
07:16
Maternity Benefits in Organized & Unorganized Sector
Maternity Benefits in Organized & Unorganized Sector
Social Security is an essential need regardless of the sector of their employment that they work in and live in. It is an essential kind of social protection which is required to be given to individuals of the general public, up and down their life. By and large, Social Security alludes to assurance reached out by the general public and state to its individuals to empower them to beat different possibilities of life and enable them to overcome various contingencies in order to have an honourable existence and dignified life.
The Maternity Benefit Act, 1961’s objective is to manage the of work and employment of women representatives in specific establishments for specific periods prior and then post labour benefits as well, also to accommodate maternity and provide certain different advantages to them.
The Act reaches out to the entire of India and is applicable to the organised sector only; i.e., each processing plant, mine or ranch (including those belonging to the Government) and a foundation occupied with the show of equestrian, aerobatic and different exhibitions, regardless of the quantity of representatives, each shop or foundation wherein at least 10 people are utilized or were utilized on any day of the former 12 months. Additionally, the State Government may extend the Act to whatever other foundation or class or foundations; mechanical, business, farming or something else.
In any case, the Act does not make a difference to any such industrial facility/other foundation to which the arrangements of the Employees’ State Insurance Act are material until further notice.
However, where the plant/foundation is administered under the Employees’ State Insurance Act, and the lady representative is not fit the bill to claim maternity advantage under segment 50 of that Act since her wages surpass Rs. 3,000 p.m. (on the other hand the sum so determined u/s 2(9) of the ESI Act), or for some other reason, then such lady representative is qualified for claim maternity advantage under this Act till she gets to be distinctly fit the bill to claim maternity advantage under the E.S.I. Act.
Maternity benefits is a reference to the fact that each and every woman is entitled to, rather that her employer is obligated for, the instalment of maternity advantage, which is the sum payable to her at the rate of the normal day by day wage for the time of her real non-attendance or absence.
The greatest period for which any woman might be qualified for maternity advantage should be 12 weeks in all whether taken before or after labor. In any case, she can’t take over a month and a half before her expected delivery.
Before the revision of 1989, a woman couldn’t get the benefit of the month and a half’s leave going before the date of her expected pregnancy; she was qualified for just a month and a half leave-taking after the day of her expected pregnancy. Be that as it may, by the above revision, the position has changed. Presently, in the event that a lady worker does not profit of a month and a half’s leave going before the date of her conveyance, she can benefit of that leave-taking after her conveyance, gave the aggregate leave time frame, i.e. going before and taking after the day of her conveyance does not surpass 12 weeks.
Each lady worker, regardless of whether employed directly or through a contractor, who has really worked in the foundation for a time of no less than 80 days amid the 12 months promptly going before the date of her normal conveyance, is qualified for getting maternity advantage. The qualifying time of 80 days might not make a difference to a lady who has moved into the State of Assam and was pregnant at the season of migration. For computing, the quantity of days on which a lady has really worked amid the previous 12 months, the days on which she has been laid off or was on siestas with wages might likewise be tallied. There is neither a wage roof for the scope under the Act nor there is any limitation as respects the sort of work a lady is occupied with.
A lady representative qualified for maternity advantage may give a notice in composing (in the recommended and prescribed format) to her manager, expressing that her maternity advantage might be paid to her or to her candidate (to be determined in the notice); that she won’t work in any foundation amid the period for which she gets maternity advantage; and that she will be missing from work from such date (to be indicated by her), which should not be sooner than a month and a half before the date of her normal conveyance. The notice might be given amid the pregnancy or as quickly as time permits, after the conveyance.
On receipt of the notice, the business might allow such lady to absent herself from work after the day of her expected delivery. The inability to pull out, in any case, does not disentitle the lady to the regale of the Act.
No business ought to purposely utilize a lady amid the time of a month and a half promptly taking after the day of her conveyance or premature delivery or therapeutic end of pregnancy. In addition, no lady ought to work in any foundation amid the said time of a month and a half. Advance, the business ought not require a pregnant lady worker to do an exhausting work including extended periods of standing or any work which is probably going to meddle with her pregnancy or cause unsuccessful labor or unfavorably influence her wellbeing, amid the time of 1 month going before the time of a month and a half before the date of her normal conveyance, and any period amid the said time of a month and a half for which she doesn’t benefit of the leave.
At the point when a pregnant lady absents herself from work as per the arrangements of this Act, it might be unlawful for her manager to release or expel her amid, or because of, such nonappearance, or pull out of release or expulsion in such a day, to the point that the notice will terminate amid such nonattendance or fluctuate to her weakness any of the states of her administrations.
Expulsion or release of a pregnant lady should not disentitle her to the maternity banquet or medicinal reward reasonable under the Act with the exception of in the event that it was on some other ground.
Apart from this, she is entitled to other benefits. If there should be an occurrence of unnatural birth cycle or restorative end of pregnancy, a lady might, on generation of the recommended evidence, be qualified for leave with wages at the rate of maternity advantage, for a time of a month and a half quickly taking after the day of her premature delivery or medicinal end of pregnancy.
If there should be an occurrence of tubectomy operation, a lady might, on creation of endorsed evidence, be qualified for leave with wages at the rate of maternity advantage for a time of two weeks promptly taking after the day of operation.
Leave for the greatest time of one month with wages at the rate of maternity advantage are passable if there should be an occurrence of sickness emerging out of pregnancy, conveyance, an untimely birth of youngster, unsuccessful labor or medicinal end of pregnancy or tubectomy operation.
Each lady qualified for maternity advantage might likewise be permitted a therapeutic reward of Rs. 250, if no pre-natal control and post-natal administer to by the business for nothing out of pocket.
The utilized is under an obligation to pay maternity advantage or potentially therapeutic reward and permit maternity leave and nursing breaks to the lady representatives, as per the arrangements of the Act. Not to connect with pregnant ladies in contradiction of segment 4 and not to reject or release a pregnant lady worker amid the time of maternity leave.
The critical privileges of a worker are to make a grumbling to the Inspector and claim the measure of maternity advantage dishonourably withheld by the business. To offer against a request of the business denying her of the maternity advantage or therapeutic reward or rejecting or releasing her from the administration, to the equipped expert, inside 60 days of the administration of such request.
For inability to pay maternity advantage as accommodated under the Act, the punishment is detainment up to one year and fine up to Rs. 5000. The base being 3 months and Rs. 2000 separately.
For rejection or release of a lady as accommodated under the Act, the punishment is detainment up to one year and fine up to Rs. 5000. The base being 3 months and Rs.2000 separately.
The 1961 Act covers ladies laborers utilized in manufacturing plants, mines, estates, shops and foundations with at least 10 workers, and whatever other foundations. This constitutes around 18 lakh ladies specialists. Take note of that around 90% of working ladies are in the disorderly segment and are not secured by the 1961 Act. In 2015, the Law Commission of India prescribed that the arrangements of the 1961 Act ought to cover all ladies, incorporating ladies working in the disorderly part. Ladies specialists in the chaotic part incorporate farming workers, regular laborers, local laborers or development specialists. They frequently work in unstructured conditions and may have various managers. Because of such work conditions, they will most likely be unable to demonstrate qualification under the 1961 Act, for example, constant work for a time of 80 days in the one year preceding the date of conveyance.
Right now, such ladies may assert maternity benefits under the Indira Gandhi Matritva Sahyog Yojana, a restrictive money exchange plot. Under the plan, Rs 6,000 is given to a pregnant lady to the introduction of two youngsters. Such plans give a singular amount instalment yet don’t completely address the issue of loss of pay or guarantee employer stability. This could make it troublesome for such ladies to bear the cost of rest from work to deal with their youngster and their own wellbeing.
In 2016, an amendment was introduced that broadly brings the following changes:
- The Act gives maternity surrender over to 12 weeks for all ladies. The Bill extends this period to 26 weeks. Be that as it may, a lady with at least two kids will be qualified for 12 weeks of maternity leave.
- The Bill acquaints maternity leave up with 12 weeks for a lady who receives a kid beneath the age of three months, and for authorizing moms. The time of maternity leave will be computed from the date the kid is given over to the assenting or appointing mother.
- The Bill requires each foundation with at least 50 representatives to accommodate crèche offices inside a recommended separate. The lady will be permitted four visits to the crèche in a day.
- A business may allow a lady to telecommute if the way of work doled out licenses her to do as such. This might be commonly settled upon by the business and the lady.
- The Bill requires a foundation to advise a lady of all advantages that would be accessible under the Bill, at the season of her arrangement. Such data must be given in composing and electronically.
- The unorganized sector, also known as informal sectors, can be broadly characterized as consisting of units employment engaged in the production of goods or services operating on a small scale and at a low level of organization without distinguishable division between labour and capital as factors of production.
The necessity of Social Security by the government is of greater significance in the case of people in unorganised sector. But the law does not protect the same.
Despite constituting a major part of the economy and playing an important role in the Indian economy, with more than 90 percent of the workforce in India accounted for by the Unorganised Sector, unfortunately, and sadly, no protection is given as such to this majority of socially as well as economically underprivileged sections of society. There is, therefore, a consistent need to ensure such protection, especially to pregnant women.
Source:ipleadres.in
Tuesday, 16 August 2016
flexible working hours
20:20
MPs' panel wants 'flexible working hours' for women in banks
MPs' panel wants 'flexible working hours' for women in banks
A parliamentary panel has lamented that its recommendation that "flexible working hours" be introduced for women in banks has not been adhered to, and reiterated that the government should take steps to implement it. "The Committee would unfailingly underscore again the need for providing women employees of all public sector banks with additional leeway in terms of flexi-working hours to bring in better work-life coherence," the Committee on Empowerment of Women said in its report 'Working Conditions of Women in Public Sector Banks' tabled in parliament during the just concluded monsoon session. The panel headed by BJP member Bijoya Chakravarty includes politicians Sushmita Dev (Congress), Supriya Sule (Nationalist Congress Party), Kanimozhi (DMK) and P.K. Sreemathi (Communist Party of India-Marxist)
Monday, 13 June 2016
banking for women
08:14
Temporary transfer/deputation of female staff when they are in their family way for max. 3 months
Temporary transfer/deputation of female staff when they are in their family way for max. 3 months
Bank has decided to consider temporary transfer/deputation of female staff when they are in their family way for max. 3 months
The Bank has decided to consider temporary transfer/deputation of female staff, when they are in their family way for maximum upto 03 months before the expected date of delivery for medical acclimatization and periodical check-up before delivery, to their any place of choice.
They shall automatically be relieved for the parent Circle/Office after availing maternity leave if any, without awaiting any instruction from the Circle/Office to which they have been temporarily transferred. This is permissible upto two children only.
The Competent Authority to consider the requests of employees/Officers upto Scale III will be the General Manager-HRMD.
(Ref.: HRMD Circular No. 312 /2016 dated 04.05.2016)
Wednesday, 9 March 2016
ICICI Bank
06:53
ICICI Bank to allow women employees to work from home for up to a year
ICICI Bank to allow women employees to work from home for up to a year
ICICI Bank Ltd is leaving no stone unturned for retaining its women. In its latest initiative, the bank said it will allow its 21,000 women to work from home for up to a year and even take their children and care-giver on business trips, in a move to retain talent.
The country’s largest private bank, which is headed by a woman, has about 70,000 employees, 30% of whom are women.
Two years ago, the bank conducted a survey among its women employees who left the bank and nearly two-thirds of those surveyed said they quit their job because of child care responsibilities, and long commutes, said the bank’s spokesperson.
Taking cognisance of this problem, it rolled out of its iWork@home initiative on a pilot basis a few weeks ago and while the programme will enable employees to work from home for up to a year initially, it can be further extended, said the bank.
However, some experts feel this initiative should have been rolled out to both men and women.
“It is not a great idea to make this available only to women. It reinforces the stereotype that it is women’s duty to take care of the child,” said Shachi Irde, executive director, Catalyst India WRC, a not-for-profit which works towards extending opportunities for women and businesses.
Moreover, she added, one does not always feels the need to work from home. “There are specific days and time when you need it,” she said.
Many companies this year increased the maternity leave option from three to six months, and also allowed work from home options, but few allowed a year.
The bank is giving women access to their required operating systems to help them work from home. This includes a facial recognition technology to ensure that no one can impersonate the employee and get access to its applications. The technology platform for this has been developed in-house by ICICI Bank in partnership with students from IIT, Delhi.
The news was first reported by The Times of India.
Announcing the launch of these initiatives in Mumbai on Monday, Chanda Kochhar, managing director and chief executive officer, ICICI Bank, said: ‘Although women form 48% of the population in our country, their representation in the workforce is much lower than men. Many women who join the workforce are sometimes forced to take a break or even leave their jobs, due to various life stage needs like maternity and child care.”
Lack of support system due to predominance of nuclear families, inadequate infrastructural facilities like crèches and long commute time further accentuates the problem, she said.
In addition to this, to support women managers, the bank felt that frequent travelling is a challenge for women with young children.
So it launched a policy meant for women managers with children up to three years of age. Here, the bank will provide them with the cost of travel and stay of the child and a care-giver (family member or child caretaker).
“Managerial responsibilities at times require them to travel outside city limits, for client interactions, business reviews or training. This will help our young managers to focus on their work without the emotional stress of staying away from their children,” said the bank in a release.
Irde believes that any flexi policy has to be made available to both men and women for it to be an inclusive workplace, else it only reinforces stereotypes.
Source:BankingUpdates
Tuesday, 8 September 2015
rural banking
09:37
Considered 'poor' customers are actually better at repaying loans says Grameen Bank founder Mohammad Yunus
Considered 'poor' customers are actually better at repaying loans says Grameen Bank founder Mohammad Yunus
Set up independent banks for poor, says Grameen Bank founder Mohammad Yunus
Nobel laureate and Grameen Bank founder Muhammed Yunus today called for the establishment of independent banks for the poor and underprivileged, as part of empowering women's self-help groups (SHGs) in drought-prone regions.
"It is imperative to establish independent banks for the poor and underprivileged. Poverty, illiteracy and unequal distribution of wealth are some of the unavoidable factual realities of life in every corner of the globe. Zero per cent poverty is not impossible but policies need to strive towards it systematically," Yunus said, while addressing a gathering organised at Hotel Palladium here.
"The current banking system is skewed towards serving prosperous sections of society," Yunus said.
Yunus who was awarded the Nobel Peace prize in 2006, was asked to provide assistance to the Maharashtra government to empower women SHGs in drought-prone Vidarbha and Marathwada regions in order to financially strengthen such families.
Several delegates from ministerial and bureaucratic circles were present on the occasion, as Yunus shared details of his work on Bangladesh's rural banking system, for which the received the Nobel prize.
He shared his experiences in implementing programmes related to micro-finance, self help groups as well as rural banking, among others, and the way it is helping to improve the situation of rural Bangladesh.
"A majority of the world's rural population is still deprived of the benefits and power of banking. Those otherwise considered 'poor' customers are actually better at repaying loans. Hence, it becomes all the more imperative to extend the banking system to them," he said.
He credited women for 97 per cent contribution towards the success of the Bangladeshi Grameen Bank
