Tag: Retirement

Tax liability of EPF subscribers will increase with lower contribution

As part of the stimulus package, the Government had lowered the contributions of the employers and employees, towards the Employees’ Provident Fund (EPF) from...

BSNL VRS scheme: Highest payout at 90 lakhs

Telecom operator BSNL has announced all employees above the age of 50 will be eligible for retirement and they will be giving out lumpsum...

Why employees deserve a parting gift

The act of gifting is a gesture of appreciation and respect. It’s been a part and parcel of our cultural values for ages. This...

Indians score high on retirement preparedness: Aegon survey

A survey by Aegon, the Dutch multinational insurance company, reveals that Indians are the most optimistic in terms of preparedness for life after retirement. The...

Why you should plan for retirement before you join work

There is a saying ‘make hay while the sun shines’. The meaning of this proverb is that if there is a task that needs...

Government to leverage experience of retired employees

The Government wants utilise the talent pool of retired professionals to carry forward its flagship programmes.

Retirement and death benefits to Orissa government employees joining after Jan,...

As per the new provision of the NPS, the employees would be entitled to 26 months’ salary at the time of retirement or death during service

DoPT makes retirement of Central Government employees easy

A mobile app will help retiring officials monitor the progress of their pension settlements.

Edith Cooper, head of human capital management, Goldman Sachs to retire...

She will be handing over charge to Dane Holmes, who is the global head of investor relations and global head of Pine Street.

From recruitment to retirement: How HR Anexi’s all-in-one offerings were conceived

HR Anexi was conceived to be a one-stop-solution for all HR requirements.

V Raja of Philips India taking early retirement

The CMD had taken charge in December 2015.

Volkswagen offers early retirement proposal

The move is a part of its initiative Transform 2025+, which aims at cutting the workforce and improving productivity.

KPMG India CEO Richard Rekhy to hang up his boots

KPMG India CEO, Richard Rekhy’s decision to retire has been accepted by the board but he will continue to serve in the position till a successor is found.

Should retirement age be increased to 65+?

In June, the government raised the retirement age of doctors to 65 years. Doctors anyway continue to practice till the last leg of their life but from government’s perspective, it wanted to retain the talent pool in Central Health Service. It’s a growing concern for the government as more than 28 per cent of the central government employees are above 50 years of age. This implies that not only the government will lose experienced high- level personnel but it will even entail unquantifiable costs as new recruits will require training and on-the-job skills.

If professionals such as doctors, lawyers and CAs, can continue to work for post 60, then why can’t other professionals be it an engineer, bureaucrat or a clerk do so. The official retirement age was fixed at a certain 58 years or 60 years because then the life expectancy was low. Now with better medical facilities, people above 60 are quite active and healthy. HRKatha tries to find a rationale.

Wake up call: Young India inadequately prepared for retirement

The next decade or two may see retirees in India facing the challenge of inadequate incomes.

Are you ready to retire?

A research to determine employees’ readiness to retire found that a surprisingly large number of the respondents look forward to their lives after retirement. Countries, such as India, Brazil and China have shown relatively higher rates of retirement readiness than others.

LEARN- ENGAGE- TRANSFORM

POWERED BY SUMTOTAL

Young inquisitive employees require continual learning

With four generation of employees at the workplace, the game has changed drastically for organisations today. There is a greater need for the leaders...

Employee Benefits & Engagement

POWERED BY VANTAGE CIRCLE

How Ugam keeps employees engaged with its unique formal and informal activities

Ugam, the analytics company, a subsidiary of the Merkle Group, has managed to focus on employee engagement even during these tough times. In the...

5 big challenges of working from home and how to overcome them

The COVID-19 pandemic has brought many new challenges to our professional and personal lives. Employees around the world are in a crisis, as businesses...

Relieving the lockdown monotony of IndiGo employees

A lockdown can get quite monotonous, especially for people who cannot work from home, such as the employees working for the airlines sector. That is...

Latest

Telangana government to continue implementing pay cuts for all government employees for May too

As the country is grappling with severe disruption in every sector, the impact is huge in states, such as Telangana, owing to excessive financial...

“At Ajanta-Orpat, we don’t cut salaries for being out of business for a few...

Ajanta-Orpat Group, manufacturer of clocks, fans and calculators, has been paying full salaries to its employees with zero layoffs, despite a halt in production...

At JLL India, employees have the option to work from office

While work-from-home (WFH) was the sought after option by employees in the past, in the new normal, employees at Jones Lang LaSalle (JLL) India...

How Ugam keeps employees engaged with its unique formal and informal activities

Ugam, the analytics company, a subsidiary of the Merkle Group, has managed to focus on employee engagement even during these tough times. In the...

DIALOGUE

video

“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...
video

“A true leader is not dependent on title or designation,” Dwarakanath

It was a Friday afternoon, when the HRKatha team got the opportunity to meet a man who is not just a recognised leader but...