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Union Cabinet approves 03 Labour Law Codes
Labour Law

Union Cabinet approves 03 Labour Law Codes

Union Cabinet approves 03 Labour Law Codes at a meeting held on 8th September Three labour codes involving what the government called “important labour reforms” were approved by the Union cabinet at a meeting held on 8th Sept evening. The codes involve social security, occupational safety, health and working conditions, and industrial relations, sources said. […]

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EPFO: Deposit Linked Insurance benefits hiked to Rs 7 lakh
Labour Law

EPFO: Deposit Linked Insurance benefits hiked to Rs 7 lakh

The Employees’ Provident Fund Organisation (EPFO) on Wednesday increased the maximum assurance benefit to up to Rs. 7 lakh from the existing cover of Rs. 6 lakh under the Employees’ Deposit Linked Insurance (EDLI) scheme. Employees’ Deposit Linked Insurance, EDLI is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal […]

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EPFO to pay 8.5% interest on Provident Fund in 2 tranches
Labour Law

EPFO to pay 8.5% interest on Provident Fund in 2 tranches

EPFO to pay 8.5% interest rate in two tranches of 8.15% & 0.35% The Retirement fund body EPFO or Employees’ Provident Fund Organisation has decided to keep the interest rate unchanged at 8.5 per cent for the current financial year 2019-20, the government said on Wednesday. However, the interest payable to provident fund subscribers will […]

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HCL Technologies opens new centre, to hire 3,000 people
Jobs

HCL Technologies opens new centre, to hire 3,000 people

HCL Technologies opens new centre in Colombo, to hire 3,000 people IT services major HCL Technologies on Tuesday said it has opened a global development centre in Colombo, Sri Lanka, and expects to hire over 3,000 people in the next few years for the facility. The new centre was inaugurated by Sri Lanka Prime Minister […]

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Google introduces a three-day weekend for employee
Jobs

Google introduces a three-day weekend for employee

Google introduces a three-day (Friday, Saturday, Sunday) weekend for employee After extending its work-from-home model until 2021 summer, the tech giant, Google has now introduced a three-day weekend to ensure employees’ well being during the Coronavirus pandemic. With an aim to make sure its employees are maintaining their peace of mind and not letting the […]

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How do we need to be viewing culture in New Normal
Guest Appearance

How do we need to be viewing culture in New Normal

In conversation with Siobhan McHale on Organisational Culture in New Normal Siobhan, Culture Transformer, Author, Head of HR at DuluxGroup, Thinker50 Radar 2020. She has worked across four continents, helping thousands of leaders to create more agile and productive workplaces. She spent the first decade of her career as a management consultant, jetting in and […]

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Larsen & Toubro hires dozens of ex-Cognizant executives
Survey & Report

Larsen & Toubro hires dozens of ex-Cognizant executives

Larsen & Toubro hires dozens of ex-Cognizant executives Larsen & Toubro (L&T) has employed just about a dozen senior executives from Cognizant after the latter had a management shakeup to reinvigorate the organization. The main hires apply the final 12 months’ acquisition of Mindtree, indicating that the $21 billion engineering conglomerate has giant plans to scale its […]

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Prasad Kulkarni joins CITCO as SVP- HR Business Excellence
CHRO Move

Prasad Kulkarni joins CITCO as SVP- HR Business Excellence

Prasad Kulkarni joins CITCO as Senior Vice President – HR Business Excellence Prasad Kulkarni joins The Citco Group of Companies as Senior Vice President – HR Business Excellence, based out of Pune, Maharashtra. The Citco Group of Companies is a privately owned global hedge fund administrator headquartered in the British Virgin Islands, founded in 1948. Prior to […]

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Karnataka approves new IT policy, to create 60 lakh jobs
Jobs

Karnataka approves new IT policy, to create 60 lakh jobs

Karnataka cabinet approves new IT policy, to create 60 lakh jobs Karnataka cabinet on Thursday approved the new IT (information technology) policy for 2020 -25 that aims to generate over 60 lakh direct and indirect jobs in the state. The policy would also enable the IT industry contribute approximately 30 per cent to the country’s goal of creating […]

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SBI announces new VRS scheme for employees
Jobs

SBI announces new VRS scheme for employees

State Bank of India introduces a new voluntary retirement scheme State Bank of India (SBI), has announced a voluntary retirement scheme (VRS) that gives an option to employees who do not get promoted beyond a certain level to move out. The scheme will be opened for three months, from December to January, every year, and […]

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Cabinet approves Mega HR Reform for Govt employees
Jobs

Cabinet approves Mega HR Reform for Govt employees

On Wednesday, Hitting a reset on civil services, the union cabinet approved Mission Karmayogi, a mega human resource reform for all the government employees, and decided to put in place a four-tier mechanism including a PM HR Council to review performance, productivity, and capacity of the bureaucracy. Cabinet approves “Mission Karmayogi“- National Programme for Civil Services Capacity Building (NPCSCB) […]

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