As a token of gratitude for the employees’ commitment, efforts and faith in the company, team members associated with the company will be eligible to surrender up to 25% of vested stock options
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As part of the ESOP, Sharp Sighters at all levels of management of the company and its subsidiaries will be eligible to participate in the scheme
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If intimation is not made by the employee, it shall be presumed that the employee continues to be in the default tax regime and has not exercised the option to opt out of the new tax regime.
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The ILO-UNICEF joint report (Child Labour Global Estimates 2020) highlights a broader policy imperative in the form of the immediate need to extend social protection for children and their families to mitigate the poverty and economic uncertainty that underpin child labour.
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The Central Government has also enacted the Contract Labour (Regulation and Abolition) Act, 1970 to regulate the employment of contract labour in certain establishments and to provide for its abolition in certain circumstances.
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At present, there are 160 ESI hospitals across the country, out of which 51 hospitals are run by ESI Corporation directly and 109 hospitals are run by State Governments under the ESI scheme.
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News mills are going crazy over leading companies taking the conservative route to trim employee perks from their balance sheet but key voices from the industry have pointed out that the approach is cyclic and nothing new.
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The VRS has been designed in line with the vision to make the organization agile and ‘future-ready’, consolidating roles and reducing layers to increase empowerment and agility
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