Tag: LIC
LIC unions decline 14% salary raise, saying performance not reflected
The employee unions of the Life Insurance Corporation of India (LIC) dismissed the company's proposed 14 per cent salary increase, on Friday, 16 February....
LIC can punish employees with minimum pay scale, clarifies MP HC
The Madhya Pradesh High Court has ruled that the Life Insurance Corporation (LIC) can demote employees to the minimum pay scale as punishment under...
Centre approves 16% hike for LIC staff
More than one lakh employees of Life Insurance Corporation of India (LIC) will receive 16 per cent hike in wages, as approved by the...
Wage revision for LIC staff?
More than a lakh employees of Life Insurance Corporation of India (LIC) may finally have some reason to celebrate. If all goes well at...
LIC India hiring management trainees and assistant managers
Housing Finance of Life Insurance Corporation (LIC) is hiring for nine vacancies of management trainees and 11 vacancies for assistant managers. Interested candidates can...
LIC employee unions stage protest
An hour-long protest was held by the employee unions of the Life Insurance Corporation (LIC) yesterday, to express their disapproval of the Government’s decision...
LIC employees not in favour of IPO
While, the government is planning to sell a part of its holding in the Life Insurance Corporation (LIC), the employees of the financial institution...
Shefali Suri joins Raheja QBE as head-HR
Raheja QBE, the general insurance company, has appointed Shefali Suri as executive vice president and head-HR. In this new role, she will be heading...
LIC posts 1753 vacancies
An online preliminary examination will be conducted by the Life Insurance Corporation (LIC) to shortlist candidates for the posts of apprentice development officers (ADO),...
Employees of public-sector insurance companies eligible for pension
Approx. 42,720 employees of the Life Insurance Corporation (LIC) and other public-sector insurance companies who have joined on or before 28 June, 1995, are...