Tag: employee compensation
Pocket FM concludes first ESOP buyback
Pocket FM, the audio entertainment platform, has recently concluded its inaugural Employee Stock Ownership Plan (ESOP) buyback, amounting to $8.3 million, as announced by...
Rajasthan govt raises DA by 4%
The Rajasthan government has announced a significant four per cent increase in dearness allowance (DA) for state-government employees and pensioners. The decision, finalised during...
Aavin’s financial strain amidst hike dispute
Employees of Aavin have called upon the Tamil Nadu Cooperative Milk Producers Federation to disburse the eight per cent dearness allowance (DA) owed to...
China firm relocates to evade compensation payouts
Companies have been known to increase workload or put employees through difficult assessments in an attempt to weed out non-performers or reduce workforce. A...
J&K raises DA for employees and pensioners
The Jammu and Kashmir (J&K) government has announced a raise in the dearness allowance (DA) of its government employees and pensioners. The decision announced...
Hotel workers on strike in LA and California, demand better wages
On July 2, thousands of hotel workers in Los Angeles and Southern California made history by going on strike. This massive strike, organised by...
Ministry of labour registers 17.9 lakh employees under ESIC
The ministry of labour has released the provisional payroll data for the employees' state insurance corporation (ESIC) for April 2023, revealing a significant addition...
Short video app Chingari to lay off 20% of workforce
Chingari, a short video streaming application in India, has announced plans to lay off 20 per cent of its employees in an organisational restructuring...
Wrongfully sacked employee at BMW Oxford awarded 16,000 pounds
According to The Mirror, an employee of the German automaker BMW won more than 16,000 pounds after being fired for collecting his lunch during...