Have you read these stories?

This may be the 'whatever it takes' moment for Modi

For now, the economy will have to be put in a deep freeze. The fight will have to be led by GoI.


06 April, 2020, 12:10 AM IST



Covid-19: Public, pvt cos told not to cut salaries, lay off staff

The government asked public and private establishment employers not to cut salaries or lay off employees during the coronavirus pandemic.

Jobs in times of coronavirus

For now, most employers are holding off, with many seeking govt intervention.

Coronavirus: ‘Special leave’ to ensure isolation doesn’t hit pay

Top cos are tweaking their policies to include special provisions to ensure ...

  • Its staff function as outsourced service providers for its over 2,000 Indian clients, including many biggies.

    India produces millions of engineers a year, only few of whom find jobs due to inadequate skills.

    The study on India’s blue collar jobs industry takes a closer look at the job situation in the blue collar sector in India and how it is going to shape up in 2020. With over 1.3 million monthly active users and over 426 active clients present across 200+ cities, the conversion ratio of selections made-to-jobs posted was 33.85% in 2018, which rose to a whopping 70% in 2019.

    According to details provided by minister for labour and employment Santosh Kumar Gangwar, the number of jobs generated under PMEGP plummeted from about 5.9 lakh in 2018-19 to about 2.6 lakh in 2019-20 (until December 31, 2019). The fall is less sharp compared to 2017-18 when the number of persons benefited was 3.9 lakh.

    HR heads see it as a win-win solution helping employees save on commute time and cos to cut establishment cost, raising productivity. HR heads also say arrangements such as hot-desking will become more common, bringing down establishment costs.

    Customers using apps for shopping has meant shifting dynamics in jobs at the bottom of the urban pyramid.

    Proposed changes could include providing unemployment benefits of up to 50% of the last drawn salary for three months as against 25% of the salary available under the Atal Beema Vyakti Kalyan Yojana (ABVKY) currently. Time period could be extended further if needed, the official said.

    India’s biggest delivery brands need experienced riders, so pick up your phone immediately and call us, said a message sent by Releski Jobs to workers in the restaurant industry. Releski Jobs is an online portal which connects job seekers and employers in the restaurant, hospitality and retail sectors.

    This is the worst job loss since March 2009 during the depths of the global financial crisis, and the biggest jump in the jobless rate in more than 45 years.

    The average hike of Rs 20 in the wages of rural workers is part of the Rs 1.7 lakh crore fiscal package announced recently to mitigate the economic crisis arising out of the outbreak of COVID-19. According to the statement, focus of Mahatma Gandhi NREGS may be on individual beneficiary-oriented works which directly benefit SC, ST and women headed households as well as small & marginal farmers and other poor households.

    Startups, though, are revising growth plans and consequently, hiring is mostly on hold. “Almost 50% of ongoing interviews, new requirements, onboardings have stopped for the last two weeks now, particularly in the IT sector,” said Kamal Karanth, cofounder of Xpheno, a staffing agency that focuses on hiring for tech services companies and startups.

    The government has been publishing the data on employment created in the formal sector using information on the number of subscribers who have subscribed under three major schemes, namely the Employees’ Provident Fund (EPF) Scheme, the Employees’ State Insurance (ESI) Scheme and the National Pension Scheme (NPS).

Load More...

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service