Tag: basic pay

4% DA hike likely for government employees

Government employees can expect a four per cent increment in dearness allowance (DA) this time. The hike will reportedly come into effect from 1...

Wage Code: Is it beneficial to the employees or the employers?

The Code on Wages Bill 2019 has become a topic of much chatter. The new rule states that the allowances cannot be more than...

Labour Code 2020: Lesser take-home salary, more gratuity for private employees

As per the Code on Wages, which will come into effect in April, private companies will have to take a relook at the salary...

DoPT issues new instructions for night duty allowance

The practice of giving night duty allowance to the employees of the Central government with a particular Grade Pay has been terminated. As per...

BEST employees to get 17% pay hike and Diwali bonus

The Brihanmumbai Electric Supply and Transport (BEST) management, has entered into an agreement with a workers’ union led by the Shiv Sena. The Memorandum...

Employers need to change work contracts warns UAE

The United Arab Emirates (UAE) has recently announced a change to its labour law, requiring employers to transfer their employees to limited-term contracts. The...

Latest

GITPRO, FIIDS helping 2 lakh laid-off Indians in the US find jobs

Many Indian techies and IT professionals who have been rendered jobless in the recent layoff spree have become part of WhatsApp groups aimed at...

Mass layoffs causing burnout for HR

Layoffs are becoming increasingly common in today's business environment, and can create a difficult and unpleasant situation for both the organisations and the affected...

Spotify is planning to cut jobs while Vox Media and MediBuddy layoff employees

Spotify, a music streaming platform, is reportedly planning to lay off some of its employees in an effort to cut costs, according to Bloomberg....

ATS launches initiative for employee development & community growth

ATS has introduced a new program aimed at promoting personal and professional development for its employees and leaders. The goal is to foster strong...

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...