Tag: Dearness Allowance

Aykroyd Formula to replace 7th Pay Commission

In future, the remuneration of Central-government employees will in all likelihood be fixed by a new system known as the Aykroyd formula, instead of...

18% hike in DA for WB State Govt. employees

In addition, a 10 per cent interim relief will also be implemented from January 2019. 

Cabinet approves 2% DA for Central-Government employees

This will benefit about 48.41 lakh Central-Government employees and 61.17 lakh pensioners.

Central Government increases dearness allowance (DA) by 1 per cent

This increase is aimed at compensating for the price rise.

Govt plans meagre 2–4% hike in dearness allowance; makes labour unions...

The unions feel the proposed hike would be unable to offset the real impact of price rise.

PARTNER POSTS

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Greek to follow six-day workweek; unions unhappy

Workers in Greek will soon be working for six days a week with flexible working hours. The Parliament of the country has given its...

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Thousands gather to demand restoration of OPS

On 1 October 2023, the Ramlila Maidan in Delhi was witness to a huge gathering of employees of the Central government and 20 state...

UK employees took avg. 7.8 days of sick leave in last 1 year

Number of employees taking sick leave has reached a record high in the UK. On an average, employees reportedly took 7.8 days of sick...

Citigroup CEO urges bold change, challenges staff to embrace transformation

Jane Fraser, CEO, Citigroup is determination to give Citigroup a new shape and she wants full cooperation from the workforce. In a message to...

Indian aviation agencies undergo significant workforce expansion

The Ministry of Civil Aviation (MoCA) has introduced a range of initiatives to strengthen the institutional framework and enhance the workforce in critical aviation...

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