Saturday December 14, 2019
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Jet Informs Employees, It Can Not Provide Mediclaim

"In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,"

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Lenders of Jet Airways led by SBI are currently in the process of selling the airline to recover their dues of over Rs 8,400 crore. Pixabay

Faced with severe liquidity crisis, grounded Jet Airways has informed employees that it will not be able to fund the premium of Group Mediclaim Policy and advised them to take medical cover of their choice.

IANS first reported on April 27 that Jet employees face uncertainty over extension of their Mediclaim provided by the company.

“In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,” the airline Chief People Officer Rahul Taneja wrote in a letter to its employees.

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We are working with them proactively to find opportunities to revive our beloved airline. Pixabay

He said that the Group Mediclaim Policy lapses on the midnight of April 30, 2019, adding that “these circumstances are not of our doing and much as we would wish to do things differently, we are left with little choice”.

Taneja, however, sounded optimistic and gave hope about revival of the airline.

Also Read: Rajasthan’s Pokhran Village People Near Nuclear Test Site Cries For Help

“I must also state that we have not yet given up on our efforts and continue to engage with the lenders and support them in the bid process. We are working with them proactively to find opportunities to revive our beloved airline. As soon as we have more clarity on this matter, we will share the same with you,” he said.

Lenders of Jet Airways led by SBI are currently in the process of selling the airline to recover their dues of over Rs 8,400 crore. Private equity firm TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF) and Etihad Airways are in the race to buy a stake in the grounded Jet Airways. (IANS)

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82% Indians Believe Technology Improves Workplace: Study

82% Indians believe technology is enhancing work environment

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Many Indians believe that technology is enhancing workplace and providing access to better jobs and opportunities. Pixabay

Smart technology has already transformed the workplace, and it is now helping to create more diverse work environments, as a new study on Thursday revealed that 82 per cent Indians believe that technology is enhancing work environment and providing access to better jobs and opportunities.

A new study conducted by Lenovo, surveyed over 15,000 individuals from around the globe including the US, Mexico, Brazil, China, India, Japan, UK, Germany, France and Italy, and found that employees share many positive opinions around the world regarding technology and its role in the workplace, such as its ability to improve job opportunities and job quality.

“Millennials & Gen-Z comprise — 60 per cent of the workforce and expect their employers to provide them seamless access to cutting-edge technology. At Lenovo, our vision is to provide smarter technology for all,” said Rahul Agarwal, Chief Executive Officer & Managing Director, Lenovo PCSD India.

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‘Smart technology’ encourages ‘smart workplace’. Pixabay

“Lenovo is well positioned to meet the demands of the new-age workforce and enable ‘smarter workplaces’,” Agarwal said.

The study revealed that 73 per cent respondents in India believe tech helps people like them get good jobs and enhance careers.

Worldwide, 56 per cent strongly believe tech is making it easier to advance to the next career level: this rang most true among workers in India (85 per cent ), Mexico (74 per cent) and Brazil (72 per cent), the study said.

Also Read- Indian Frontline Employees Don’t Feel Connected: Facebook Report

The survey also showed that 83 per cent of employees from India are happy for artificial intelligence (AI) to take over the ‘boring’ parts of their jobs, as compared to 52 per cent respondents globally.

This includes tasks such as paperwork, timesheets and invoices, cleaning and organising and notetaking. (IANS)