Tag: basic salary

Will the Government increase fitment factor 3 times?

For some time now, employees of the Central government have been demanding that the fitment factor be hiked. The question is, will it be...

New Wage Code discussed at Labour Ministry meeting

The Ministry of Labour called an important meeting with industry to discuss what the salary and allowance structure will be under the New Wage...

Salary may be hiked for Central govt staff, CTG cap removed...

This New Year, Central government employees may receive a salary hike. If all goes well, as per media reports, an increment may be announced...

Labour Codes: 12 hours of working from Oct 1, hike in...

Time for the workforce to brace for the new labour law. While the working hours have been increased from 9 to 12, the good...

30% increment for Telangana govt staff

Government of Telangana has announced a 30 per cent pay hike for its over 9 lakh government staff, including contractual and outsourced employees. While...

Over 56 lakh COVID-19 advance claims settled by EPFO by December...

Employees’ Provident Fund Organisation (EPFO) has paid over Rs 14,000 crore towards settlement of 56.79 lakh COVID-19 non-refundable advance claims, last year. Following the virus...

Bharti Airtel extends support to staff of distributors/franchisees

Bharti Airtel has decided to lend a helping hand to the workforces of its distribution partners and retail franchise network during this difficult time....

Employees earning less than Rs 30,000 will be paid twice a...

A slew of amazing initiatives for the Reliance industries employee amidst this COVID-19 outbreak proves that humanity does exist. Mukesh Ambani’s Reliance Industries announced that...

‘Basic wages’ masked as ‘allowances’ will be considered for PF contribution

The Supreme Court of India yesterday passed a path-breaking judgment, which ruled that ‘special allowances’ were actually part of the basic pay but only...

Employee strikes in European countries

On January 25, 2023, at Berlin Brandenburg Airport (BER), all passenger flights were canceled as airport staff walked out because of a dispute over...

Latest

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

Zomato announces openings for 800 people across 5 roles

Zomato's founder, Deepinder Goyal, announced in a LinkedIn post that the company is planning to hire 800 people for various positions including engineers, product...

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...

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...

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...