Page 5 - Employee
LIC Housing Fin Q1 net nosedives 81% to Rs 153 cr on spike in impairment
Total income declined to Rs 4,859.04 crore from Rs 4,977.5 crore a year ago. Sequentially also income fell marginally from Rs 4,964.3 crore in Q4FY21
 "LIC Housing Fin Q1 net nosedives 81% to Rs 153 cr on spike in impairment")
J&K to retire 'ineffective' staff after 22 yrs of service or 48 yrs of age
Jammu & Kashmir administration has asked secretaries to initiate a process to identify employees who are 'ineffective in work or not fit to continue' after 22 years of service or 48 years of age.
 "J&K to retire 'ineffective' staff after 22 yrs of service or 48 yrs of age")
Jet staff to get plummeted relief, only Rs 52 cr earmarked for employees
It is not yet a happy ending for the Kalrock-Jalan consortium of Jet Airways as employees of airline are unhappy with relief they are being offered which is slashed down from the actual claims
 "Jet staff to get plummeted relief, only Rs 52 cr earmarked for employees")
Ikea France executives face verdicts for alleged employee spying
A panel of judges is to rule Tuesday whether officials of the French subsidiary of Ikea, spied on union representatives, employees and some unhappy customers
 "Ikea France executives face verdicts for alleged employee spying")
Credit Suisse Group to hire over 1,000 IT employees in India in 2021
Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank
 "Credit Suisse Group to hire over 1,000 IT employees in India in 2021")
Tata Motors Jamshedpur plant to undergo block closure from May 18-22
Homegrown automobile giant Tata Motors will undertake a block closure at its Jamshedpur facility from May 18 to May 22, as per an internal communication sent to its employees
 "Tata Motors Jamshedpur plant to undergo block closure from May 18-22")
Amazon violated employees' rights by firing outspoken workers: Labour board
The National Labour Relations Board has found that two outspoken Amazon workers were illegally fired last year
 "Amazon violated employees' rights by firing outspoken workers: Labour board")
Bosses are clueless that workers miserable and looking to leave: Survey
A total of 46 per cent of respondents said they are planning to move to a new location this year
 "Bosses are clueless that workers miserable and looking to leave: Survey")
New York sues Amazon over worker safety during Covid-19 pandemic
AG accuses e-com giant of failing to adequately protect staff at 2 warehouses
 "New York sues Amazon over worker safety during Covid-19 pandemic")
BPCL privatisation: Govt rules on worker protection, asset stripping later
Preliminary expressions of interest or EoIs are due on September 30, which will be followed by qualified bidders being asked to submit financial or price bids.
 "BPCL privatisation: Govt rules on worker protection, asset stripping later")
J&K to suspend recruitments under rule allowing only basic pay for 5 years
Principal Secretary Rohit Kansal tweeted on Monday to state that the decision was taken in a meeting of the Administrative Council, chaired by Lt Governor G C Murmu
 "J&K to suspend recruitments under rule allowing only basic pay for 5 years")
SC verdict today on MHA's order to pay full wages to staff amid lockdown
Earlier, the Supreme Court observed that some negotiations have to happen between employers and workers to iron out what has to be done for the salary for these 54 days
 "SC verdict today on MHA's order to pay full wages to staff amid lockdown")
Oyo asks all employees to take 25% pay cut; some to be sent on furlough
OYO CEO for India Rohit Kapoor communicated the decision through an email to employees after a company townhall on Wednesday
 "Oyo asks all employees to take 25% pay cut; some to be sent on furlough")
Employee can't claim over Rs 8,000 if injured while in service: Madras HC
Even if the salary of a person permanently injured while working exceeds Rs 8,000, the compensation should be fixed
 "Employee can't claim over Rs 8,000 if injured while in service: Madras HC")
Air India employee unions write to PM Modi, seek waiver of airline loans
Against the backdrop of the government working out the modalities for Air India disinvestment, seven employee groupings have also said the carrier can be turned around
 "Air India employee unions write to PM Modi, seek waiver of airline loans")
UP DElEd 2nd semester result 2018 declared: Check marksheet on btcexam.in
The Uttar Pradesh DElEd 2nd semester result are available on the official website of the UP BCT 2019, btcexam.in
 "UP DElEd 2nd semester result 2018 declared: Check marksheet on btcexam.in")
Govt dilutes proposal to give universal social security coverage to workers
In the latest draft of the Code on Social Security Bill, 2019, the government has decided to stick to the current thresholds for providing social security benefits to workers by industry
 "Govt dilutes proposal to give universal social security coverage to workers")
With 10% salary hike, a good year for employees of listed companies
Average salary may have grown fastest since at least 2014-15
 "With 10% salary hike, a good year for employees of listed companies")
How a clutch of firms is changing the way employee performance is assessed
Infosys, Tech Mahindra and Accenture India are at a different stage of the transition but all agree that quarterly or short-term feedbacks help carve out a path for their long-term goals
 "How a clutch of firms is changing the way employee performance is assessed")
