Employee

'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

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

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

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

Proposes to align their hiring process with that of MD

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,

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

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,

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 ...

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

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

Sebi board to meet today amid allegations against chairperson Buch

Board expected to informally address conflict of interest claims and employee grievances

Tata Electronics to hire 20K more employees at Hosur unit: Chandrasekaran

Chandrasekaran was attending the groundbreaking ceremony of the Rs 9,000 crore manufacturing unit by Tata Motors

ELI schemes likely to favour large companies, Labour Ministry told

Employer bodies share concern as part of stakeholder meet with govt

Grievances unreported: Why many companies show zero employee complaints

According to recent data, 944 companies in India reported no health and safety complaints, and 920 companies disclosed no complaints about working conditions

70% of employees unhappy at work, 54% looking to quit, finds report

Among various industries, the Fintech sector is ranked as the happiest, with the Real Estate sector emerging as the least satisfied

Despite gruelling hours, 'golden handcuffs' keep Nvidia staffers in place

Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'

72% employers intend to hire freshers in second half of 2024: Report

The study also highlighted that employers were particularly seeking candidates with skills in cybersecurity, cloud computing, data analytics, and search engine optimisation

TVS Mobility, Mitsubishi Corp sign deal for employee exchange programme

MC Japan will host employees from TVS Mobility and train them in automotive and mobility sectors

Employer-employee hiring expectations gap continues to grow: Report

Around 34 per cent of organisations in the country struggle to find the right talent and one in three grapples with retaining existing employees as the gap between employer expectations and employee realities regarding hiring and retention continues to grow, according to a report. Even as employers and job seekers agree that flexibility, higher salaries and career progression are top priorities, employees value company culture and ethics more than the organisations realise while organisations overvalue the importance of brand and incentives, said Michael Page 'Talent Trends 2024 - India Expectation Gap' report. Coming out of the pandemic, a convergence of factors resulted in a subtle but transformative change in workplace dynamics, with people thinking more holistically about the value their job gives to their lives, said Nicolas Dumoulin, Michael Page Senior Managing Director for India, Thailand, Philippines, and Vietnam. Michael Page 'Talent Trends 2024 - India Expectation Gap' .

73% of Indian workers surveyed content with their salary: ADP Survey

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%)