Workplace/Employee Benefits

Santosh Gangwar, Union Labour & Employment Minister

Govt looks to implement all 4 labour codes in one go by December: Gangwar

Indian News       Sep 27, 2020

New Delhi: The government is aiming to implement all the four labour codes in one go by December this year and complete the final stretch of labour sector reforms, Union minister Santosh Gangwar has said. Parliament in its just concluded session passed three labour code...

Next Insurance raises $250 million, valuation exceeds $2 billion

International News       Sep 24, 2020

London: Next Insurance, an insurance startup serving small businesses and freelance workers on Wednesday said it raised $250 million (196.45 million pounds) in funding. The company was valued at over $2 billion, more than doubling its valuation from late last year, said Chief Executive Officer...

Shift towards digital banking is going to be permanent: SBI Chairman

Indian News       Sep 24, 2020

  Mumbai: State Bank of India Chairman Rajnish Kumar on Wednesday said the number of consumers moving away from branch level transactions and adopting digital modes is increasing, and this change is going to be permanent. He said currently only seven out of 100 transactions are...

Microsoft develops 'virtual commute' for remote workers amid Covid-19

Facts       Sep 24, 2020

Millions of employees now commute from their bed to a desk at home. After the initial euphoria of skipping traffic jams and cramped train compartments, a new reality has dawned in which the work day blends into the rest of life, like a never-ending video...

Businesses cheer, unions fear contentious Indian labour reforms

Indian News       Sep 24, 2020

  NEW DELHI: Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India’s parliament this week, aimed at making hiring and firing workers easier and imposing restrictions on trade unions. The reforms to India’s decades-old labour laws are a key part of Prime...

Long due labour reforms to ensure well-being of workers, give boost to economic growth: PM

Indian News       Sep 23, 2020

  New Delhi: Prime Minister Narendra Modi on Wednesday hailed the passage of key labour reform bills by Parliament, saying it will ensure well-being of workers and give a boost to economic growth. The new labour code universalises minimum wages, timely payment of wages and gives...

Lok Sabha approves labour reforms amid union protests

Indian News       Sep 22, 2020

NEW DELHI: India’s lower house of parliament on Tuesday approved long-pending, disputed labour reforms in the teeth of a boycott by opposition parties and protests from trade unions. The three new labour codes - making it easier for firms to hire and fire workers and...

TCS sets up 11 COVID-19 isolation centres for staff, their dependents

Facts       Sep 20, 2020

New Delhi: India's largest software services firm Tata Consultancy Services (TCS) has set up 11 first-line COVID-19 isolation centres within its premises in various cities in India, including Mumbai, Indore and Nagpur. According to an email to employees, these centres will provide medical support to...

India 72nd on global list with average monthly wage of Rs 32,800: Report

Facts       Aug 28, 2020

India has been ranked a lowly 72nd among 106 countries in terms of the average wage per month, while Switzerland topped the chart, according to a global ranking of average wages prepared by Picodi.com. With an average monthly wage of Rs 32,800 ($437), India has...

EPFO settles 46 lakh COVID-19-related claims worth Rs 920 crore

Indian News       Aug 28, 2020

  New Delhi: Retirement fund body EPFO on Friday said it has settled 46 lakh EPF withdrawal claims and disbursed Rs 920 crore to its subscribers to meet exigencies due to the COVID-19 situation. Under Pradhan Mantri Garib Kalyan Yojna (PMGKY), the government had made a...

1 2 3 4