Payroll data: Over 23 lakh formal jobs created in November
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).
Your ESOPs can be HNIs’ investment opportunity
Employee stock options, including those in unlisted companies, is a new bet many institutions ...
Govt plans to cut EPF contribution rate, take home pay would rise: Will employees benefit?
Currently, employee contribution to PF is 12 perce...
How to update job leaving date yourself in EPFO records online
EPFO has launched an online facility where EPF account holders can update the exit date in the records.
EPFO notifies new rules for stenographer's recruitment
EPFO is seeking employment of 187 stenographers at Level 4 pay scale, to be revised for 30% of stenographers to Level 6 on completion of five years of regular service. As per the notification, the central board in consultation with the central government may relax any of the provisions of these rules with respect to any class or category of persons.
ESIC payroll data shows over 19 lakh additions in November
The net addition to the ESIC, after excluding those who ceased paying their contribution during the month, was 6.97 lakh, the highest for any month in the current fiscal year.
Lower PF contribution may be allowed for select class of workers
A senior government official told ET that lower contribution rule under PF will not apply to all.
Maintaining database: National Business Register on anvil
It will have a district-wise list of all enterprises and establishments dealing in goods or services.
Apple lawsuit tests if an employee can plan rival startup while on payroll
Apple filed the lawsuit in Santa Clara County Superior Court against Gerard Williams III, who left the company last year after more than nine years as chief architect for the custom processors that power iPhones and iPads to start Nuvia Inc, which is designing chips for servers.
GlobalGyan Academy and Future Supply Chain (FSC) join hands for professional skills training of FSC employees
GlobalGyan has trained 200 young engineers and managers of FSC across India, with its ValYou Starter, a digital campus to corporate programme for entry-level professionals. ValYou also allowed FSC to co-create courses exclusively for its employees with customised company content. Involving gamification and interactive lessons, the curriculum provided 50 hours of instruction on professional skills.
How the new Social Security Code will benefit employees
The proposed Social Security Code integrates eight laws, covering provisions relating to Employees' Provident Fund (EPF), Employees State In...
Air India to set up internal panel to address privatisation-related issues of employees: Source
At a meeting between the minister and representatives of over a dozen Air India unions in New Delhi on Monday, the minister also "assured" the employees of full payment of their arrears, according to the source.
Working women in Maximum City get late-night bus service
Shree Sankalp Pratishthan starts free pick-up and drop service for working women.
Netcore completes ESOP buyback for past and existing employees
In a parallel exercise, Netcore’s holding company also completed a buyback scheme of shares held by current and ex-employees.
4045 times is the highest CEO pay ratio in India Inc for FY19
At HEG, a graphite electrode manufacturer, the CEO earned 4,045 times the median remuneration of its staff.
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