Tag: gratuity

‘Can’t forfeit dismissed employee’s gratuity unless employer incurs financial loss’: Chhattisgarh...

The bench of Justice Narendra Kumar Vyas at the Chhattisgarh High Court (HC) has ruled that the forfeiture of the gratuity of a dismissed...

Gratuity, leave encashment are components of salary: SC

According to the Supreme Court, gratuity and leave encashment are components of the salary. This ruling went against the argument of the advocate representing...

Jet Airways’ employees unhappy with resolution plan, call it ill planned

The employees of Jet Airways feel the Airline is forcing them to waive off the pending payments that they are owed, especially gratuity, bonus...

Gratuity of staff who damage employer’s property may be forfeited

It has been observed by the Delhi High Court that employers may forfeit the gratuity of employees who have been fired for causing damage...

‘Disinvestment will not impact PF and gratuity’: Air India

Many employees of Air India were quite uncertain about their employment and benefits after the privatisation of the national carrier. But now, the Government...

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...

Provisional pension for Central govt staff retiring during pandemic

Employees of the Central government who are retiring during the COVID-19 pandemic will now receive provisional pension, till their regular pension payment order (PPO)...

Gratuity to be paid on termination of employment only after 5...

As per the Code on Social Security 2019, employees will become eligible for payment of gratuity only after their employment is terminated after completing...

Payment of Gratuity (Amendment) Bill, 2017 to double tax-free gratuity to...

The maximum limit of gratuity for private-sector employees, who are covered under the Payment of Gratuity Act, 1972, also increased

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

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....

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...

Ford, Gemini, Innovaccer, and Inmobi lay off employees

Gemini Gemini, a US-based crypto exchange, announced that it will  let go of 10 per cent of its employees. The reason given for the layoffs...

Fintech giant BharatPe hiring product managers for cutting-edge projects

In a time when many tech companies are laying off employees, fintech platform BharatPe is bucking the trend by inviting applications for the role...

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...