Employees

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Employees - Total results - 116
Infosys among UK firms accessing Rishi Sunak’s COVID-19 job saving scheme; IT major furloughed 3% of staff
Business

Infosys among UK firms accessing Rishi Sunak’s COVID-19 job saving scheme; IT major furloughed 3% of staff

The COVID-19 job saving scheme was unveiled by the Indian-origin finance minister, married to Murthy’s daughter Akshata, at the peak of the crisis and is set to gradually wind down until it is fully closed at the end of October.

COVID-19 Impact: Retail trade lost business worth Rs 9 lakh cr in 60 days; businessmen facing acute financial crunch, says CAIT
Business

COVID-19 Impact: Retail trade lost business worth Rs 9 lakh cr in 60 days; businessmen facing acute financial crunch, says CAIT

CAIT said domestic trade is facing its worst period as shops and commercial markets across the country since last Monday could register only 5% of business, and only 8% of workforce could resume their duties in shops.

Trade unions stage protests against suspension, tweaking of labour laws by some states during lockdown
Business

Trade unions stage protests against suspension, tweaking of labour laws by some states during lockdown

Ten central trade unions on Friday held protests across the country to oppose suspension and tweaking of labour laws by states

Trade unions to go on strike on 22 May to protest against labour laws suspension by some states during the lockdown
Business

Trade unions to go on strike on 22 May to protest against labour laws suspension by some states during the lockdown

Ten central trade unions on Friday gave a call for a nationwide strike on 22 May to protest against the suspension of labour laws by some states during the lockdown period, and also decided to take the matter to International Labour Organization (ILO)

Lockdown: EPFO not charging penalty from companies for delay in payment of provident fund dues
Business

Lockdown: EPFO not charging penalty from companies for delay in payment of provident fund dues

Retirement fund body EPFO has decided not to impose any penalty for delay in payment of employees' provident fund contributions by firms during the natiowide lockdown

Kotak Mahindra Bank declares 10%  pay cut for staff with over Rs 25 lakh annual salary
Business

Kotak Mahindra Bank declares 10% pay cut for staff with over Rs 25 lakh annual salary

Private sector lender Kotak Mahindra Bank has decided on a 10 percent pay cut for the employees earning above Rs 25 lakh per annum, in a business sustainability move amid the COVID-19 pandemic, according to a communication

Around 93% of employees are stressed about returning to office post-lockdown, finds survey; 85% want safety guidelines enforced
Business

Around 93% of employees are stressed about returning to office post-lockdown, finds survey; 85% want safety guidelines enforced

Employees expect their employers to take responsibility to ensure a healthy and safe environment for them as they prepare to return to work post-coronavirus and lockdown.

Coronavirus Pandemic: Most firms across industries keeping salary hike budgets unchanged, says survey
Business

Coronavirus Pandemic: Most firms across industries keeping salary hike budgets unchanged, says survey

With the unprecedented situation arising out of COVID-19 pandemic, companies across the world have re-evaluated their HR practices, and while 50 percent organisations across industries are keeping their salary hike budgets unchanged, 36 percent have opted for a decline, says a survey

Govt freezes DA, DR for 1.1 cr central govt employees, pensioners: Here's all you need to know about Dearness Allowance
Business

Govt freezes DA, DR for 1.1 cr central govt employees, pensioners: Here's all you need to know about Dearness Allowance

Dearness Allowance is paid by the government to its employees as well as a pensioner to offset the impact of inflation

Coronavirus Outbreak: AirAsia India cuts staff salaries by up to 20% for April to tackle airline’s finances
Business

Coronavirus Outbreak: AirAsia India cuts staff salaries by up to 20% for April to tackle airline’s finances

AirAsia India has cut the April salary of its staff by up to 20 percent to tackle the airline’s finances amid the suspension of all commercial services till 3 May due to the lockdown, a source has said

Coronavirus Outbreak: EPFO settles 1.37 lakh PF withdrawal claims worth around Rs 280 cr to ease lockdown woes
Business

Coronavirus Outbreak: EPFO settles 1.37 lakh PF withdrawal claims worth around Rs 280 cr to ease lockdown woes

Retirement fund body EPFO on Friday said it has settled 1.37 lakh provident fund withdrawal claims worth Rs 280 crore to provide relief to subscribers during the lockdown

BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme
Business

BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme

State-run telecom firms BSNL and MTNL have released over Rs 10,000 crore for employees who have opted for voluntary retirement scheme, according to a statement

Coronavirus Outbreak: IndiGo confirms no deduction of salaries or leaves of employees during domestic flight suspension
Business

Coronavirus Outbreak: IndiGo confirms no deduction of salaries or leaves of employees during domestic flight suspension

Budget carrier IndiGo has assured its employees that it will not make any deduction in their salaries or leaves due to the suspension of domestic flights till 31 March

Govt says its contractual employees will be paid during period of absence due to coronavirus lockdown
Business

Govt says its contractual employees will be paid during period of absence due to coronavirus lockdown

The Finance Ministry on Monday said contractual employees will be paid even if they are unable to report on duty due to lockdown imposed by authorities

Coronavirus outbreak: Work from home, staggered working hours for central govt employees
Business

Coronavirus outbreak: Work from home, staggered working hours for central govt employees

The Central government on Thursday allowed 50 percent of its employees to work from home and the remaining to attend office every day besides implementing different time slots for working hours in its effort to further check the spread of the coronavirus disease

Nearly 81% employers feel new income tax regime not to benefit staff; communication with employees to become biggest challenge: Survey
Business

Nearly 81% employers feel new income tax regime not to benefit staff; communication with employees to become biggest challenge: Survey

They also fear the new income tax regime will deter employees from taking up voluntary benefits from their employers, and this will force those drawing higher incomes to look for other investment options.

Cathay Pacific asks 27,000 employees to take unpaid leave as virus hits demand; says conditions as grave as 2009 financial crisis
Business

Cathay Pacific asks 27,000 employees to take unpaid leave as virus hits demand; says conditions as grave as 2009 financial crisis

Hong Kong’s Cathay Pacific Airways asked its 27,000 employees to take three weeks of unpaid leave, saying preserving cash was key for the carrier and that conditions were as grave as during the 2009 financial crisis due to the virus outbreak

IT companies may shed 30,000-40,000 mid-level staff this year as growth slows down: Mohandas Pai
Business

IT companies may shed 30,000-40,000 mid-level staff this year as growth slows down: Mohandas Pai

India's information technology services companies may shed 30,000 to 40,000 middle-level employees this year as growth slows down, IT industry veteran T V Mohandas Pai said on Monday

After Cognizant, now Infosys is laying off over 10,000 middle, senior level executives
Business

After Cognizant, now Infosys is laying off over 10,000 middle, senior level executives

After Cognizant, now Infosys is laying off over 10,000 middle, senior-level executives

Microsoft says 4-day work weeks, other reforms boost sales in overworked Japan; new system cuts costs too
Business

Microsoft says 4-day work weeks, other reforms boost sales in overworked Japan; new system cuts costs too

In a country notorious for overwork, Microsoft Japan trialled a radical idea: working less and it found that four-day weeks and other reforms both boosted sales and cut costs