Tag: academic staff

Revised allowances for government teachers and academic staff

The Ministry of Human Resource Development (MHRD) is reported to have approved the 7th Pay Commission’s recommendations for the teachers and academic staff of...

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

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Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

7 companies lay off their workforce globally

 Match Match Group Inc, the company behind popular dating platforms such as Tinder, Hinge, and OkCupid, announced on Wednesday that it would be laying off...

‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...