Page 5 - Jobs And Employees

Explained: Why millions of white-collar employees want to switch jobs

Millions of white-collar employees want to switch jobs, call the shots as job markets recover

Uber to let office staff work up to half their time from anywhere: Report

Uber Technologies Inc will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, the transport app company plans to announce

Young workers can drive an extra $1.9 trillion in corporate profits: Citrix

A Citrix Systems research found disconnect between what born digital employees want and what leaders think in India

Deals back for IT firms but shortage of skilled workforce a concern

According to an industry executive, attrition is likely to reach pre-Covid levels of 17-20 per cent as employees switch jobs.

India Inc figures out new salary structures to meet labour codes

The new definition under the Code of Wages, 2019, includes three components: Basic pay, dearness allowance and retention payment.

Govt can look to provide tax deduction for employees working from home: PwC

Following the outbreak of COVID pandemic early last year, many companies adopted a work from home policy for their employees.

Subscribers to get 8.5% EPF savings interest at one go on 'market boost'

The EPFO had decided that 8.15 per cent interest from its debt income would be credited immediately

OYO hands out pink slips to 300 workers from renovation, operations dept

This is in line with the company's efforts to drive technology-enabled synergies and realign of some business functions to other verticals, leading to some redundancies across a few functions

Hired more than 7,000 employees in UK in last five years, says TCS

Women make up 28 per cent of employees, much higher than the 17 per cent average in the UK IT sector.

Walmart to give 4th round of bonuses to workers since coronavirus

Walmart says for the fourth time during the pandemic it will be giving its 1.5 million U.S. part-time and full-time employees additional cash bonuses for their work.

Khatabook rolls out app for micro-entrepreneurs to manage staff, payments

Khatabook is looking at leveraging its user-base to push the new app as it targets 1 million users over the next two months.

Thyssenkrupp slashes another 5,000 jobs to 'stop the bleeding'

The group remains in crisis and CEO Martina Merz said more painful restructuring will be needed to stop burning cash.

India Inc hands out an austerity parcel to employees this festive season

With contactless exchanges becoming the new normal, companies are preferring e-gifting options.

IBC rule on personal guarantees no help to promoters blaming managers

Payment of bank loans by a company is an obligation under the contract law and fraud by professionals is a criminal matter, says government official.

Axis Bank launches 'Gig-a-Opportunities' to hire up to 1,000 in a year

Axis Bank has plans to employ nearly 1,000 people under its new hiring initiative 'Gig-a-Opportunities', a model devised to attract skilled talent that can work with the bank remotely

HR dept has its work cut out as companies manage layoffs, work from home

Inducting new employees virtually and deciding about earned leave: HR managers have lots of decisions to make.

India's services activity stayed in deep contraction in June: PMI

June was the fourth straight month the index was sub-50, the longest such stretch since a ten-month run to April 2014

Job confidence, not tax cuts, will help boost consumption spend: DBS

The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.

Hiring by American employers shoots up in August, says ADP report

However, the figures come a day before a much more closely watched government report and the two are frequently out of step

Jobs grew at medium and large companies, but at a slow pace: Study

The study, carried out by CARE Ratings, is based on annual reports of 969 medium and large companies