Tag: Wage structure

Tata Motors wage pact is all about giving workmen their due...

The blue-collared workers are set to receive their share of respect, acknowledgement and compensation as the company recently signed a landmark agreement with its Pune plant workers, linking wages to performance.

Wider pay gap leads to slower economic growth – ILO

In India, the top 10 per cent take away around 42.7 per cent of the total wages, whereas the share of the bottom 50 per cent is only 17.1 per cent.

Perceptual Error: Missing link of Union-Management relationship

Any right can only be demanded in return for duty, and that has to be understood by the employees as well as the management.

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

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Increase in retirement age to 64 is unalterable: French Labour Minister 

On February 1, 2023, the French Labour Minister, Oliver Dussopt, declared that the increase in retirement age to 64 is unalterable. This statement came...

UAE firms enroled their employees in job loss insurance scheme

A job loss insurance scheme took effect on January 1, 2023 in the UAE, and many companies have registered their employees for it. The...

SC refuses to overturn NCLAT ruling, Jalan Fritsch consortium to pay Jet Airways employees 

The Supreme Court has declined to overturn the decision made by the National Company Law Appellate Tribunal (NCLAT). The tribunal had ordered the Jalan...

CFO highest paid CXO amongst BSE 100 companies

The chief technical officer (CTO) is the second highest paid CXO amongst BSE 100 companies. So, who earns more than a CTO? It is...

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...