TCS' CHRO Milind Lakkad announced the benefits at the company's post-earnings conference call. He notified the remaining staff that their pay would be variable based on the performance of their business unit
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Delivery executives claim their base salary remains at Rs 20 although their delivery radius has risen from 4 km to 6 km
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Furthermore, at the end of the agreement, practically all UAW employees at the automaker will be paid $39.24 per hour in basic wages
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Since July, central staff and pensioners have been expecting a rise in their dearness allowance, which is expected to increase from 42% to 45%
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It is not without reason that it is said ‘what gets measured gets done’. When measuring pay inequity is not even on the radar of an organisation, the chances of getting it right are very remote, hence the vicious cycle continues until it becomes a legal mandate
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The ministry raised the gratuity limit for LIC agents from 3 lakh to 5 lakh and term insurance cover from Rs 3,000-10,000 to Rs 25,000-1,50,000
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The partnership comes after the company missed multiple deadlines in the past and failed to pay employees for the month of August
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The programme will cover both full and part time employees in food, grocery delivery apps and courier platforms. The insurance cover includes Rs 2 lakh for life insurance and Rs 2 lakh for accidental insurance
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