Hiring or Not? What are ghost jobs, the work trend that employees must be wary of?
Applied for a job and didn't hear back? It might be a ghost job. These are postings that have been up online for long, but companies have no intention to fill them. While recruiters have their reasons for such listing, they are a menace for job seekers
Explained: Should India’s salaried class opt for EPFO’s higher pension option?
The Employee Provident Fund Organisation, the government retirement fund body, has issued new rules under which members as on 1 September 2014 can go beyond the pensionable salary capped at Rs 15,000 per month. However, does this come with a trade off?
'It's unjust': The uproar over Wipro's 50% salary cut to freshers
Wipro, the IT company headquartered in Bengaluru, reached out to freshers to whom it had earlier rolled out an offer of Rs 6.5 lakh per annum, and asked them if an offer of Rs 3.5 would be acceptable
Light of Day: Cambridge study finds four-day week makes companies more profitable, keeps employees happy
The study showed that the majority of the companies reported better outcomes both in terms of financial gain and productivity. Stress and burnout declined by 71 per cent
Zoom to slash jobs for nearly 1,300 employees, CEO will take 98 per cent pay cut
Zoom's Chief Executive Officer Eric Yuan stated that he and other executives will take a significant pay cut. In the message to employees, he admitted to making 'mistakes' in how quickly the company grew during the pandemic
Explained: Why is Microsoft laying off thousands of more employees from today?
According to media reports, Microsoft may announce layoffs in its engineering divisions. The job-slashing plan is the largest among recent layoffs that have impacted the once-unassailable US tech sector
What is rage-applying, the new workplace trend helping Gen Z get ‘big raises’?
Quiet quitting is so 2022. The new workplace trend is rage-applying. It involves channelling your anger towards your job into sending out rèsumès to multiple companies to find a new role and get a hefty salary hike quickly
Will recession put an end to work from home in 2023?
A shortage of labour gave employees more say in the last two years, but this could change in 2023 as a recession looms large. If companies have the upper hand will they arm-twist their workers into returning to the office full-time? Will we see remote work privileges being curtailed?
Twitter, Meta, Amazon and more... Why are tech titans laying off employees?
Big names in the tech industry are letting go of employees in large numbers. These lay-offs are a combination of lower than expected earnings as well as consumers holding back spending due to the looming threat of a recession
Explained: Why Punjab’s decision to revert to Old Pension Scheme could be disastrous
Punjab’s Bhagwant Mann announced that his government was looking into the possibility of reverting to the old pension regime, which was discontinued in 2004. In recent times, states such as Chhattisgarh, Rajasthan, Jharkhand have reverted to the old scheme, much to the concern of financial experts
This US company pays its employees 'to leave', here's why
Taking to his official LinkedIn account, the founder of the marketing company Gorilla Jon Franko stated that his agency offers a 10 per cent to all of his employees serving their notice period
Domestic carriers face tough time as employees' anger over low salaries rise
A significant section of aircraft maintenance technicians of IndiGo and Go First have gone on sick leave in the last one week to protest against their low salaries
No PSB bank employees found involved in Rs 14,349-crore ABG Shipyard fraud case, says Nirmala Sitharaman
ABG Shipyard was granted a loan under consortium arrangement led by ICICI Bank, and the account was declared as a non-performing asset (NPA) by the lender banks in August 2013
CEO who laid off 900 employees over Zoom call takes time off as company looks to build 'positive culture'
On 1 December over a Zoom call that lasted less than three minutes, Garg abruptly fired more than 900 employees, about 9 percent of the company's workforce.
Spanx CEO Sara Blakely surprises employees with first-class plane tickets and $10,000 in cash
Blakely’s present comes as a celebration of the company’s 1.2-billion-dollar deal with private equity Blackstone
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
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
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
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
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