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The Q2 bonus is also higher than the firm's Q1 FY25 bonus, which was around 80 per cent, and significantly higher than the 60 per cent bonus in Q4 FY24
Relations with workers have been particularly strained by a strike that lasted for more than seven weeks and consumed much of Ortberg's first months on the job
Union Minister Mansukh Mandaviya has suggested integration of the Centre and state portals for comprehensive data on employment and emigration trends, an official statement said on Tuesday. The Union Minister of Labour & Employment and Youth Affairs & Sports made these suggestions on Monday during a meeting focusing on the key issues related to employment data and overseas emigration trends, the statement said. "Mandaviya highlighted the need for a mechanism to have complete data of citizens going abroad for jobs/ studies to ECR/ Non-ECR countries. "He also suggested that there should be an integration of National Career Service (NCS) portal, MY Bharat Platform, MADAD, eMigrate, eShram portals, state portals etc for a comprehensive view of supply and demand side of employment," the statement said. The industry associations can play a pivotal role in collating the employment data and NITI Aayog can facilitate the compilation of employment-related data from various ministries, ..
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
The low-code tools in Agentforce enable organisations to easily build and deploy custom agents, said the company
In a press release, the regulator stated that its junior employees were misinformed about automatic promotions and being underpaid despite having a cost-to-company of Rs 34 lakh per annum
Employees could choose the investment plan of their choice based on their contribution and 10% contribution by the government
iPhone contract manufacturer Foxconn wants women employees in India to take up lead positions in design and other technology-related positions, a top company official has said. Foxconn has 48,000 employees across India and 25 per cent of its new hires are married women. "We see not only the assembly work for women but also some design, technology-related positions. Lot of our current employees are highly educated. We would like to give them more opportunity to advance their position, not just limited to assembly work," Foxconn Chairman Young Liu told PTI. The Foxconn factory has about 70 per cent women and 30 per cent men. The company recently inaugurated a women-only residential complex built by the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) in Sriperumbudur near Chennai that can house over 18,000 women employees working with Foxconn. Liu had then said there is an upward trend in all types of hiring by the Taiwanese electronics manufacturing major in India and
The proposal was presented in a meeting called by the labour department with various stakeholders in the industry recently
The Assam government has declared two days of special casual leave in November for its employees to spend time with their parents or parents-in-law, the chief minister's office (CMO) said on Thursday. The special leaves cannot be used for personal enjoyment and those without parents or parents-in-laws will not be eligible for the leaves, it added. "The Assam government, under the leadership of CM Dr @himantabiswa, has declared special casual leave for state government employees on November 6 and 8, 2024, to spend time with their parents or parents-in-law," the CMO said in a post on X. It said the leave must be used "solely for spending time with aging parents or parents-in-law to honour, respect, and care for them, and not for personal enjoyment". The leaves can be availed along with holiday for Chhat Puja on November 7, second Saturday holiday on November 9 and Sunday on November 10, the CMO said. It said that employees in essential services can avail it in a phased manner, and t
ADP's annual flagship survey, People at Work 2024: A Global Workforce View, reveals that salary continues to be the most important factor for Indian workers surveyed in a job (55%)
A bus ferrying employees of a private company ploughed into the boundary wall of a group housing society in Noida on Tuesday, killing a fast food seller who had set up his shop outside the residential complex, police said. The deceased has been identified as Nepali-origin Deepak (30), while his younger brother Sushil (18) suffered severe injuries in the crash and has been hospitalised in critical condition, the police said. However, eye-witnesses claimed that one more person who worked at the momo stall suffered injuries in the episode. The bus had ploughed some five metres into society after crashing its boundary wall and was barely 10-15 metres away from one of the low-rise towers in the society and lay crashed on perpendicularly on an inner peripheral road of the housing complex. Shortly after the incident, several locals, including women and children, gathered at the spot. Some utensils, momo steamers, vegetables and other items were seen lying underneath the bus, too. The pol
Akasa Air is well on the path to profitability and will fly to more international destinations, including in South Asia and Southeast Asia, according to its Co-Founder Aditya Ghosh. In less than two years of taking to the skies, Akasa Air has a fleet of 24 planes and has more than 4,000 employees. In an interview to PTI in the national capital, Ghosh, who has donned multiple and diverse roles during his career, said that airlines are becoming more of a consumption story in India. "We will increasingly see it as consumer-focused businesses where the learnings which are there from ecommerce companies will help us address the needs and behaviour of consumers better in the transportation business," he said. Among other roles, he had served as IndiGo's President and Whole Time Director for ten years till 2018. When a customer-focused and employee-centric organisation is being built, it is also important to build a financially sustainable business, Ghosh said and emphasised that Akasa A
Microsoft remains committed to China and will continue to operate there and other markets, the spokesperson said
Most startups don't give leave for menstruation but many do for miscarriage
Person days lost to industrial disputes see a decline
While the guideline isn't enforceable by law, it does require all firms in Singapore to set up a process for employees to submit a formal flexible-working arrangement request