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Wages

Transition to vulnerable employment subsides in recent years: Report

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

Transition to vulnerable employment subsides in recent years: Report
Updated On : 05 Apr 2023 | 11:48 AM IST

MGNREGS pay still below minimum wage in several states, shows data

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

MGNREGS pay still below minimum wage in several states, shows data
Updated On : 26 Mar 2023 | 10:01 PM IST

Conflict and inflation: Indian realities

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

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Updated On : 12 Jan 2023 | 10:42 PM IST

Uniqlo parent Fast Retailing Co gives jolt to Japan Inc with 40% wage hike

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

Uniqlo parent Fast Retailing Co gives jolt to Japan Inc with 40% wage hike
Updated On : 12 Jan 2023 | 12:46 AM IST

What is a living wage?

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

What is a living wage?
Updated On : 03 Jan 2023 | 7:00 AM IST

Is it time for state-run banks to end industry-wide wage pacts?

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

Is it time for state-run banks to end industry-wide wage pacts?
Updated On : 01 Jan 2023 | 7:52 PM IST

Labour ministry looking to replace 'minimum wage' by 'living wage': Report

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

Labour ministry looking to replace 'minimum wage' by 'living wage': Report
Updated On : 29 Dec 2022 | 9:59 AM IST

EPFO wage ceiling likely to be raised from Rs 15,000 per month to Rs 21,000

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

EPFO wage ceiling likely to be raised from Rs 15,000 per month to Rs 21,000
Updated On : 24 Nov 2022 | 4:43 PM IST

Swiggy partners go on strike over wages in Kochi as talks with company fail

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

Swiggy partners go on strike over wages in Kochi as talks with company fail
Updated On : 16 Nov 2022 | 9:02 PM IST

UK needs to cut 200,000 govt jobs over next few years to avoid debt spiral

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.

UK needs to cut 200,000 govt jobs over next few years to avoid debt spiral
Updated On : 08 Oct 2022 | 9:23 AM IST

Ford India, Unions reach final severance deal for Chennai unit employees

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

Ford India, Unions reach final severance deal for Chennai unit employees
Updated On : 21 Sep 2022 | 8:21 PM IST

Ford India offers final severance package for Chennai unit employees

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

Ford India offers final severance package for Chennai unit employees
Updated On : 05 Sep 2022 | 11:34 PM IST

Why are public sector companies unable to attract talent for higher posts

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

Why are public sector companies unable to attract talent for higher posts
Updated On : 05 Sep 2022 | 12:21 AM IST

Employees will get 100% variable pay for June quarter, no delay: TCS

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

Employees will get 100% variable pay for June quarter, no delay: TCS
Updated On : 25 Aug 2022 | 12:11 AM IST

Delhi govt's worker training scheme: A wait for compensation, better wages

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

Delhi govt's worker training scheme: A wait for compensation, better wages
Updated On : 16 Aug 2022 | 9:35 PM IST

How a labour helpline is assisting informal workers in recovering wages

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

How a labour helpline is assisting informal workers in recovering wages
Updated On : 05 Aug 2022 | 10:02 AM IST

Concluding wage revision pact with coal workers highest priority: CIL chief

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

Concluding wage revision pact with coal workers highest priority: CIL chief
Updated On : 31 Jul 2022 | 4:41 PM IST

Hyundai Motor and its South Korean union agree on 9% wage hike deal

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

Hyundai Motor and its South Korean union agree on 9% wage hike deal
Updated On : 20 Jul 2022 | 11:15 PM IST

CIL aims to conclude wage pact for non-exec workforce at earliest: Govt

"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.

CIL aims to conclude wage pact for non-exec workforce at earliest: Govt
Updated On : 06 Jul 2022 | 6:11 PM IST

Tussle over $5 billion in wages is new risk to India's coal supply

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

Tussle over $5 billion in wages is new risk to India's coal supply
Updated On : 06 Jul 2022 | 1:32 AM IST