India Inc has long way to go in employing disabled people
Only 34 lakh of the about 1.34 crore people with disabilities (PwDs) in the employable age have a job in India, according to Equiv.in, a recruitment platform that cited government data for the numbers. That is an unemployment rate of more than 70%.
Employers work overtime to send the message: Smoking kills
A week back, Japanese marketing company Piala announced it would be giving its non...
All-in-one digital repository of official data in the works
An information portal collating official data on employment, health, GST and trad...
Union-busters help IT companies manage conflicts
Google contractor HCL Technologies had enlisted management consultant Eric Vanetti of Vantage Point Alliance to “create awareness” among employees to cast their votes against unionisation. Vanetti’s Twitter bio read that he’s an expert in workforce solutions and union avoidance.
Can I claim deduction on my contribution to NPS as well that put in by the employer
The contribution from your employer will be exempt up to 10% of basic salary + dearness allowance for deduction under Section 80CCD(2). There is no upper limit (in terms of amount) on this tax deduction and it is available only to employees.
The Code on Wages, 2019: Understanding the key changes to wages, remuneration and bonus
The Code has expanded the definition of “employer” as well as “employee”, resulting in a broad based applicability of the regulations and is now applicable to employees in both organised and unorganised sectors.
Cabinet approves code to allow fixed-term employment
Fixed-term employment, which the govt had allowed for all sectors last year, has now been codified.
Punjab releases Rs 1,353 crore for power subsidy, retirement benefits
Disclosing this here, a spokesperson of the Chief Minister’s Office said that funds to the tune of Rs. 400 crore had been released to the PSPCL for agriculture power subsidy to farmers, with another Rs.181.63 crore released for making payments for retiral benefits including GPF/Leave Encashment to employees who had retired up to September 30, 2019.
Government focusing on improving data credibility: FM
The aspects which are being looked at include Gross Domestic Product (GDP), inflation and employment, she said. The comments come months after the government has been accused of adopting faulty data computation methodologies which may throw up convenient conclusions.
Employment growth in India slowed in last two years: CARE Ratings
CARE Ratings pointed that most of the core industries have witnessed 'virtually negative growth in headcount'.
It's all about the money: Salary package most important for freshers, delayed response from employers a major turn-off
Traditional benefits like healthcare coverage, retirement plans & life insurance are preferred.
Young population weaning away from rural employment guarantee scheme: Narendra Singh Tomar
As per the Management Information System (MIS), the average share of workforce under Mahatma Gandhi NREGS in the age group of 18-30 in 2018-19 stood at 9.10% or 70.74 lakh of the total workforce (777.41 lakh) under MRNREGA as compared to 10.07% or 72.74 lakh in 2015-16 when the total workforce under MGNREGA stood at 722.59 lakh.
Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.
More formal jobs have been created in the economy: KV Subramanian, CEA
The chief economic advisor, Krishnamurthy Subramanian, said that there has been a significant change in the nature of employment in the coun...
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