Tag: gratuity
HDFC announced Rs 1,500 crore to staff under ex-gratia
In the wake of a remarkable performance in the fourth quarter of FY24, HDFC Bank has announced an ex-gratia payment totaling approximately Rs 1,500...
‘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
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Revolut to expand global team by 40% in 2024
Revolut, the UK-based challenger bank, has announced plans to bolster its workforce by 40 per cent in 2024. The aim is to reach approximately...
Latest
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
Spotify’s layoff fallout: CEO admits challenges despite profits
Spotify, the music-streaming platform, made headlines last December when it executed its largest ever round of layoffs under the leadership of Daniel Ek, CEO,...
Why are so many H-1B workers in the US switching jobs?
A recent study has revealed that more and more H-1B visa holders in the US are switching jobs. In fact, there was a record...
Pragya Misra first to be part of OpenAI team India
Pragya Misra is the first to be hired by OpenAI in India. She will reportedly help with establishing and maintaining government relations as OpenAI...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
