PERKS
Diamantaires offering perks to skilled cutters and polishers amid massive manpower shortage in Surat
“There is a shortage of manpower at the diamond cutting and polishing units. Diamantaires have in many cases increased labour charges and they are willing to pay more. Demand has picked up and the trade wants to leverage this and meet the orders,” Dinesh Navadiya, regional chairman of the Gem & Jewellery Export Promotion Council of Gujarat, told ET.
2021 Tough Job: Buoyancy in the job market may continue to be missing, but bad news won’t get worse
The Make-in-India drive will bring in som...
Manufacturers to step up hiring at IIMs, IITs as business recovers
At least a dozen manufacturers in sectors such as automobiles, metals, min...
India Inc perks staff up with hikes, promotions this Diwali
Many IT firms also recently announced hikes, including Tata Consultancy Services (TCS) and Wipro. “The salary increase will be across all bands, and it will be similar to what we have done in the past,” said Milind Lakkad, executive vice president and CHRO, TCS.
China's inflation fails to perk up, defies broader recovery
Consumer inflation was also soft, easing to an 11-year low as pork prices snapped a year-and-a-half of steep increases that were fuelled by critical shortages of the popular meat.
Tax optimiser: Salaried Kapoor can save Rs 19,000 tax via NPS, perks
Taxspanner estimates that Kapoor can save almost Rs 19,000 if his salary structure is rejigged and he invests more in NPS on his own. Also, Kapoor should ask his company to replace the leave travel allowance (LTA) with tax-free perks like newspaper allowance and food coupons.
Financially-hit due to COVID, DMRC slashes employees perks, allowances by 50%
The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the COVID-19 situation, sources said.
View: Make every day a payday to bolster finances and reduce stress
There is a need to transfer cash to the individual to perk up the demand side of the economy. Giving people access to their money more quickly represents one small, but important, step to reducing an epidemic of employee financial stress.
Unprincipled for senior officials to exclude their perks from cost-cutting measures: AI pilot unions
It is unprincipled for the senior officials of Air India to exclude their perks and entitlements from the cost-cutting measures that the airline has implemented during the last few days, said the two leading pilot unions of the carrier on Friday.
How the pandemic changed the way we look at jobs
Certain new things are taking root in Covid's wake. They could soon mark a critical change of tack.
People prefer govt employment for jobs security: Survey
"The outbreak of COVID-19 pandemic has transformed the job scenario in the country with regular reports of layoffs, furlough, pay cuts and other uncertainties. This has led to an increase in the demand for government jobs with 82.33 per cent respondents looking to apply for government jobs," according to a study by Adda247.
China's factory output perks up but consumers stay cautious
Analysts say signs of improvement continue to be seen in China ranging from steel production and car sales to more lights being turned on in industrial parks. However, they warn it could take many months for broader activity to return to pre-crisis levels.
Power demand perks up as mercury soars, industrial activities rise
The peak power demand met is the highest energy supply during the day across the country.
Perks of former JK chief ministers withdrawn by government
According to a gazette notification on Wednesday, the government amended the Jammu and Kashmir State Legislature Members' Pension Act and increased the pension amount to Rs 75,000 per month from Rs 50,000. Section 3-C of the Act, under which former chief ministers of Jammu and Kashmir were entitled to various privileges and perks, has now been omitted.
