Certain MSMEs, particularly those in the textile industry, fear that the implementation of this new rule could affect their relationships with suppliers and buyers
Read More
This decision stems from a substantial surge in Amazon's stock prices, which have surged by over 75% in the past year. While the increase in stock prices typically results in higher overall earnings, it also gives the reason to refrain from increasing cash-based salaries
Read More
56.41% of new members were aged 18-25, reflecting young entrants into the organised workforce. Female membership rose by 3.03 lakh
Read More
The ex-gratia payout will be a one-time lump sum based on the employee's current grade as of 31 March
Read More
Under the new policy, employees in Grade 12 and below, including junior and mid-management levels, will receive merit-linked payouts instead of a standard salary increase spread over 12 months
Read More
For state employees and pensioners, the hike comes in effect from 1 January 2024
Read More
While lower than last year, increment projections for 2024 are higher than pre-covid levels across all sectors except IT and BPOs/KPOs
Read More
The company announced that the buyback programme would offer wealth-creation opportunities to approximately 1,700 existing and former employees
Read More
