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Employee

60% of Indian employers plan to use AI for salary benchmarking, rewards: EY

India Inc. expected to witness average salary increase of 9.4% in 2025, says wide-ranging report

Updated On: 27 Feb 2025 | 10:34 PM IST

Indian Oil ties up with Novac Technology Solutions for employee upskilling

This strategic partnership between IOCL and Novac Technology Solutions signifies a monumental leap forward in workforce development and learning innovation within the energy sector

Updated On: 27 Feb 2025 | 4:45 PM IST

Gurgaon employee fired within 20 days for 'tea breaks,' 'leaving on time'

20 days after starting work at a startup, a Gurugram employee was fired for allegedly having an 'attitude problem' and for 'leaving on time' and having tea breaks with coworkers

Updated On: 25 Feb 2025 | 6:04 PM IST

Back to office? Not so soon: Nearly 50% workers prefer flexibility

Post-pandemic, work-from-home (WFH) has emerged as a key priority for employees, with human resource (HR) professionals struggling to strike a balance between remote and in-office work

Updated On: 18 Feb 2025 | 11:01 PM IST

Booze breaks & hangover leave: Japan's IT firm is redefining work culture

Trust Ring Co, an Osaka-based IT company, believes that a little fun can go a long way in keeping employees happy

Updated On: 12 Feb 2025 | 12:50 PM IST

BlackRock planning to hire 1,200 people to expand 2 support hubs in India

BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin

Updated On: 05 Feb 2025 | 10:08 AM IST

8 months' pay to quit? Trump's offer to 2 million federal workers explained

The Trump administration expects up to 200,000 workers- about 10 per cent of the federal workforce- to accept the deal, potentially saving $100 billion

Updated On: 29 Jan 2025 | 5:26 PM IST

78% of Indian employees prioritise family over work, reveals report

Amid debate over striking a work-life balance and L&T chairman SN Subrahmanyan recommending a 90-hour work week, a report has revealed that 78 per cent of employees interviewed said their aim is to prioritise family.. According to global job site Indeed's 'Future Career Resolution report there is a significant shift in the priorities of Indian employees, with nearly four in five (78 per cent) stating they aim to prioritise family time with spouses, children and parents over career advancement in 2025. Employees want less stress and more focus on mental well-being while being in well-paid jobs that they enjoy and offer flexibility for family and personal interests, it added. "We're definitely seeing a shift in what matters to Indian workers. More and more, people are telling us they want to find a better balance between work and home life. While earning more is important, the dream career for most isn't about moving up the ladder - it's about feeling secure, being paid fairly, and .

Updated On: 28 Jan 2025 | 6:17 PM IST

We're confident of hiring 40,000 freshers from campuses this year: TCS CHRO

He talks about why this quarterly decline is not indicative of a slowdown in demand, and how TCS is positioning itself as an AI-first organisation

Updated On: 13 Jan 2025 | 6:00 AM IST

Biden signs law to increase Social Security benefits for public employees

President Joe Biden on Sunday plans to sign into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs. Advocates say the Social Security Fairness Act rights a decades-old disparity, though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis. The bill rescinds two provisions the Windfall Elimination Provision and the Government Pension Offset that limit Social Security benefits for recipients if they get retirement payments from other sources, including public retirement programmes from a state or local government. The Congressional Research Service estimated that in December 2023, there were 745,679 people, about 1 per cent of all Social Security beneficiaries, who had their benefits reduced by the Government Pension Offset. About 2.1 million people, or .

Updated On: 05 Jan 2025 | 9:04 PM IST

'Who Is This Bloody Person?': FIITJEE chairman DK Goel berates employees

A video showing DK Goel, the chairman of FIITJEE, scolding employees in an online conference has gone viral. The video shows Goel speaking to an employee in an aggressive manner

Updated On: 12 Dec 2024 | 5:57 PM IST

EPS subscribers with Rs 1,000 pension increases by 3% to 3.66 mn in FY24

The annual report data also shows that the central government provided a support of Rs 957 crore during FY 24 for the minimum pension

Updated On: 04 Dec 2024 | 11:25 PM IST

India reshapes its workforce to plug into the electric vehicle era

TaMo to upskill half its workforce in 5 years; Tamil Nadu teams up with World Bank to fuel the transition

Updated On: 27 Nov 2024 | 12:40 AM IST

Mkt regulator Sebi mulls new appointment process for key officials at MIIs

Proposes to align their hiring process with that of MD

Updated On: 22 Nov 2024 | 10:49 PM IST

Ensure employees' UAN is active to avail ELI scheme benefits: Govt to EPFO

The Ministry of Labour & Employment has directed the EPFO to ensure the Universal Account Number (UAN) of employees is active to avail the benefits of Employment Linked Incentive (ELI) Scheme. EPFO will involve their zonal and regional offices for effective outreach, the ministry said in a statement. "To ensure that maximum number of employers and employees benefit from the ELI Scheme, it has directed EPFO to work in a campaign mode with employers and ensure activation of UAN of employees," the Ministry said. UAN activation provides employees with seamless access to EPFO's comprehensive online services, enabling them to efficiently manage their Provident Fund (PF) accounts, view and download PF passbooks, submit online claims for withdrawals, advances, or transfers, update personal details, and track claims in real time. This allows employees 24/7 access to EPFO services from the comfort of their homes, eliminating the need for physical visits to EPFO offices. In the first stage,

Updated On: 21 Nov 2024 | 11:36 PM IST

Bhavish Aggarwal-led Ola Electric plans restructuring; to impact over 500

The restructuring looks to enhance operational efficiency and improve profit margins as the company works towards achieving profitability

Updated On: 21 Nov 2024 | 4:50 PM IST

Over 90% workers found absent from work at J&K's Shopian District Hospital

Authorities in Jammu and Kashmir's Shopian district on Wednesday found more than 90 per cent of the employees, including doctors, at a hospital absent from their duties and sought an explanation from them, officials said. The employees were found absent during a surprise inspection of the Shopian District Hospital at 10:10 am, conducted by the additional deputy commissioner on the directions of the deputy commissioner, they added. During the inspection, most of the doctors, medical officers, paramedical staff and ministerial staff were found unauthorisedly absent from their duties according to the biometric attendance report provided by the hospital's medical superintendent, the officials said. They said of the 198 employees of the hospital, only 17 were present, while 181 were absent when the inspection was carried out. The irregular attendance of the doctors, medical officers, paramedical staff and ministerial staff at the hospital causes significant inconvenience to the public,

Updated On: 14 Nov 2024 | 7:50 AM IST

Employers up 6.6% at 766,000; members rise 7.6% in FY24: EPFO report

Retirement fund body EPFO has seen a 6.6 per cent year-on-year rise in contributing employers to 7.66 lakh while recording 7.6 per cent growth in members to 7.37 crore in 2023-24, a labour ministry statement stated. According to a statement issued on Sunday, the labour secretary and Chairperson of the Executive Committee, Central Board, Employees' Provident Fund Organization (EPFO), presided over the 109th Meeting of the Executive Committee on November 8, 2024, at EPFO Head Office in the national capital. This was the first meeting of the Executive Committee after the re-constitution of the panel on September 27, 2024. The Executive Committee is a statutory panel under the EPF Act 1952, with the mandate of rendering assistance to the Central Board of Trustees, EPFO in the discharge of its functions. The Annual Report for the year 2023-24 on the functioning of EPFO was also considered by the Executive Committee. As per the statement, while deliberating on the Annual Report, the ...

Updated On: 11 Nov 2024 | 5:13 PM IST

Employee background verification discrepancies surge 44% in key industries

The rise in remote work and the prevalence of fake employment verification services led to the employment verification discrepancies rising to 14.26 per cent in FY24 as opposed to 9.9 per cent in FY21

Updated On: 08 Oct 2024 | 5:12 PM IST

HC stays order declaring Ola's relation with drivers as employer-employee

The Karnataka High Court has stayed a single judge verdict, which had classified the relationship between ANI Technologies Private Limited (Ola) and its drivers as that of employer-employee. The original ruling required Ola to address complaints of sexual harassment involving its drivers. The interim order that stayed the original judgment was passed by a vacation bench consisting of Justice S R Krishna Kumar and Justice M G Uma, following an appeal by Ola against the earlier judgment dated September 30. In the original order, the single judge had directed Ola and its Internal Complaints Committee (ICC) to pay a compensation of Rs 5 lakh, along with Rs 50,000 in legal costs, to a woman who had filed a complaint of sexual harassment against an Ola driver. The court criticized Ola and its ICC for failing to take appropriate action, citing deliberate negligence. The single judge had ruled that Ola's refusal to act on the complaint based on the claim that drivers are not employees unde

Updated On: 05 Oct 2024 | 1:20 PM IST