Wages

Fewer distress-induced job transitions occurred in Q2CY2021, and only around 20 per cent of salaried and self-employed workers transitioned either into casual-wage work or exited the labour force

Gap remains despite a hike of up to 10.4% notified by the Centre for the coming financial year

Policymakers must be wary of using frameworks tailored by rich countries to address rich country problems when crafting India's inflation-control strategy

The move by the firm is likely to heighten focus on worker pay ahead of annual spring labour negotiations

Inflation has hit the poor most. It is one of the reasons why the government is now mulling 'living wage' over the existing 'minimum wage'. Living wage is indexed to inflation. Here's more about it

While there is still a large talent pool in state-run banks, the reality is that it may not walk in as in the past

The move may play a significant role in helping India meet its Sustainable Development Goal to eliminate extreme poverty by 2030

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

Protests gather steam as earnings dwindle and fuel prices surge; some say the earnings have declined by as much as 50%

Public-sector wages are on track to increase 5% this year, around half the current rate of inflation but higher than budgeted when spending plans were drawn up in 2021.

Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards

So far, more than 90 per cent of TCS employees have received the variable payout, according to the largest software exporter in India.

Mission Kushal Karmi, launched by Delhi govt in July, aims to train 200,000 workers in one year

In nine months, the India Labourline phone helpline for migrant/informal workers has registered more than 3,600 cases related to compensation and wage theft

The latest wage revision which would benefit around 2.39 lakh non-executive manpower of coal India has been due since July 1, 2021.

The union, one of the biggest in South Korea with more than 46,000 members, said that a total of 62% of its voting members approved the tentative agreement reached last week, while 38% rejected it

"Coal India Ltd (CIL) has held five meetings under NCWA XI so far. Negotiations for mutually agreeable pact (is) in progress," the Ministry of Coal said in the statement on Wednesday.

Workers are seeking a 47 per cent increase in wages - having earlier demanded a 50 per cent hike - while Coal India has offered a 3 per cent raise