employees – The News Desk

Miral and Emirates Foundation train employees as part of ‘SANID’ Emergency Response Programme – Business Traveller

12Apr

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Travel

Miral and Emirates Foundation train employees as part of ‘SANID’ Emergency Response Programme – Business Traveller

Abu Dhabi-based creator of immersive destinations and experiences Miral has partnered with Emirates Foundation, a charity set up by the Government of the Emirate of Abu Dhabi, for a series of specialised employee training workshops that are part of the charity’s national emergency response volunteer programme, “SANID”. Part of Miral’s ongoing partnership with Emirates Foundation, the workshops will enable employees across the Group to enhance their skills in crisis management, disaster preparedness, and emergency response. The initiative delivers upon Miral’s Corporate Social Responsibility (CSR) strategy that includes skills development and educational programmes for employees, while aligning with the ‘SANID’ Programme goals to build dedicated teams of volunteers who are well-prepared t...

Moonlighting Checks: Cos Enlist Firms To Run Moonlighting Checks | India Business News

5Apr

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Business

Moonlighting Checks: Cos Enlist Firms To Run Moonlighting Checks | India Business News

BENGALURU: Four years after it became a rage during the pandemic, the Indian IT services industry is still grappling with moonlighting, forcing companies to enlist background verification firms to conduct dual-employment checks before onboarding new hires.While moonlighting — where employees take on external paid gigs while being full-time staff of a company — was as high as 4-5% of employees in an IT firm during Covid, it’s now pegged at 1-2%.This decrease is attributed to companies ensuring employees are back in office for at least a few days a week, making it harder for them to moonlight. Wriju Ray, chief business officer of identity verification platform IDfy, said that eight out of 10 clients are running moonlighting checks on their employees in the IT sector.Still, many employees fi...

Physics Wallah: Physics Wallah lays off over 100 employees

19Nov

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Business

Physics Wallah: Physics Wallah lays off over 100 employees

NEW DELHI: Edtech unicorn Physics Wallah has laid off some 70-120 employees, joining a batch of startupswhich have cut jobs this year amid a tepid funding environment. The company claimed that the decision was part of a performance based evaluation process. "At PW, we regularly assess performance through mid-term and end-term cycles. For the cycle ending in October, less than 0.8% of our workforce, ranging from 70 to 120 individuals with performance concerns—may be asked to transition,” chief human resources officer Satish Khengre said in a statement on Sunday.Backed by investors like Westbridge and GSV Ventures, the Noida-based company turned unicorn last year after it raised $100 million in funding at a valuation of $1.1 billion. Even as the startup claims to be profitable, the move com...

America’s Business Community Is AWOL in Local Politics

27Oct

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Health

America’s Business Community Is AWOL in Local Politics

Oct. 27, 2023 12:22 pm ETNew YorkAmerica’s business community directs most of its political efforts at the national level, which it perceives to be the most relevant to its interests. But in many cities, particularly in the Northeast, local government leads the charge to regulate business, particularly with respect to employment.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Market Research: Byju’s delays clearance of final dues of a batch of its laid off employees to November

18Sep

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Business

Market Research: Byju’s delays clearance of final dues of a batch of its laid off employees to November

NEW DELHI: Byju’s has deferred clearing the final dues of a batch of its laid off employees to November. “We regret and acknowledge the delays in settling dues of former employees. As we work through a difficult business restructuring, we are committed to meeting all our obligations as soon as possible,” the company said in a statement. In June this year, the troubled edtech firm had laid off some 500-1,000 employees in a bid to check costs, its second significant cost cutting exercise since October last year. The employees (those laid off in June) were earlier slated to get their final settlement by September, a company spokesperson said. The development comes at a time when the troubled firm has put its units Great Learning and Epic on the block in a bid to repay the $1.2 billion term l...