Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Average pay worked out to Rs 44.8 lakh per employee; The company is yet to find buyers for the unit
A significant percentage of female blue collar employees in India are confident they receive equal pay, says a survey. According to leading job site Indeed's report titled 'The Pulse of India's Blue Collar Workforce', over 95 per cent of Indian female blue collar employees are confident they receive equal pay and 93 per cent of male employees have also said the same. The research was conducted by Censuswide on behalf of Indeed with 508 employers and 1,001 employees in the blue collar segment. The survey examined the state of men and women representation among the blue collar workforce in India and how blue collar organisations measure up in terms of diversity and work culture. "Our data shows that men and women in blue collar are more or less on the same page when it comes to equal pay, importance of equal gender representation and the benefits of it," Sanjukta Ghosh, Social Impact Manager at Indeed, said. The survey further noted that in case of pay disparity, 70 per cent of the
Global media outlet NPR plans to lay off about 10 per cent of its current workforce, about 100 employees, as its financial outlook has "darkened considerably over recent weeks."
Without any formal orders by the Pakistan government, Balochistan government have found a 50% cut in their salaries on the grounds that they are required to contribute to the Turkey relief aid
Elon Musk is still laying off Twitter employees as dozens of workers across sales and engineering departments were laid off last week, including one of Musk's direct reporting executive
Punjab Cabinet led by Chief Minister Bhagwant Mann gave nod to the Policy for Welfare of Adhoc, Contractual, Daily Wages, Work Charged and Temporary employees, paving way for regularising the services
According to a new report, 34% of the surveyed employees feared burnout, 25% feared failure at psychologically unsafe workplaces
Psychological safety at workplace is a crucial need for corporate India as it leads to higher employee retention and engagement, says a report. Psychological safety refers to employees believing that they can take risks without being shamed by other members. According to leading job site Indeed's report on Diversity, Inclusion and Belonging (DI&B) at Indian Workplaces, 45 per cent of all employers surveyed believe that psychological safety is a strong performance indicator and 47 per cent believe it is a crucial need. This study was carried out by Valuevox on behalf of Indeed across 15 sectors and 16 cities, involving 1,200 employers and 1,500 employees of small, medium, and large businesses. According to Rohan Sylvester, Talent Strategy Advisor, Indeed, amidst various global uncertainties, organizations are looking to build high-performing teams. "In the last couple of years, employees have faced various stressors related to work such as burnout, mental health issues, overwork ..
Robot vacuum cleaner maker iRobot has announced to cut around 7 per cent of its workforce or about 85 employees.
Finance sector employees also don't see their jobs being at risk: MLIV Pulse survey
Several Salesforce employees just came to know that they have been fired, as the company began laying off 7,000 workers or 10 per cent of its workforce as announced earlier last month
The government on Thursday said it is examining a Supreme Court judgement which upheld Employees' Pension (Amendment) Scheme, 2014 and allowed employees to opt for enhanced pension coverage alongside their employers in four months' time. "Yes, sir. The directions of the Supreme Court in the judgment are under examination," Minister of State for Labour & Employment Rameswar Teli said in a written reply to Rajya Sabha. Teli was replying to a question on whether the government is aware about the Supreme Court verdict of November 4 on EPF pension scheme and by when it will implement the verdict and instruct the EPFO (Employees Provident Fund Organisation) to take actions for giving higher pension. In another written reply, Teli said the court judgement has legal, financial, actuarial and logistical implications. The scheme has provided for an extension of four months' time for eligible employees to opt for enhanced pension. The apex court order provides that employees who were ...
Billionaire Elon Musk is actively searching for a new chief executive officer for Twitter Inc, CNBC reported on Tuesday, citing sources
Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, who paid $44 billion to acquire the social media platform, and hundreds more subsequently resigned
There has been a substantial decline in the number of regular employees in various Central Public Sector Enterprises since 2014, while the number of contractual employees has increased
An increase in the worker population ratio reflects the higher engagement of people in productive activities, said union minister Jitendra Singh
Fresh challenge for reviving Jet as union opposes sale of assets until employees get provident fund and gratuity
According to regulatory filings by Paytm and Zomato, key managerial personnel have been rewarded ESOPs worth crores during the first half of FY23
The ceiling was last revised in 2014 from Rs 6,500 per month to Rs 15,000 and is applicable only to enterprises that have more than 20 workers