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Know your PF balance

Click on the following link to get to know what lies in your PF account – http://www.epfindia.com/MembBal.html

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Peace pact at Maruti Suzuki plant

Peace pact at Maruti Suzuki plant

Normal production is expected to resume in Maruti Suzuki Plant at Manesar.  This standoff of 33 days between the workers Union and the Management on the issue of recognition of their union and reinstatement of the suspended workers was smoothened up by the intervention of Harayana Government whereby bringing about a consensus.
It was the third [...]

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EPFO: My mistake is your problem !!

EPFO: My mistake is your problem !!

This is exactly what the Employers Provident Fund Organization is going to do. Over the years, overpayments to PF pensioners have risen steadily and it is largely because of non-updation of accounts or manual errors by the staff of EPFO.  Presently about Rs 10 crore is stuck in over payments and irregular payments.
It was literally [...]

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Air India Maharaja’s last breather kit

Air India Maharaja’s last breather kit

The Maharaja is bleeding and it requires a life support.  As of today, Air India’s debt stands at Rs. 42,570 crore and losses are to the tune of Rs. 22,000 crore. The recent infusion of the Rs 1,200 crore package has not had any affect in the financial position. The opposition parties are accusing the [...]

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Download for FREE all Statutory Forms and Formats

This is one store house and an essential kit for all HR Managers. Download all Statutory Forms and Formats under Labour Laws for Free at this link – http://www.hrindya.com/forms-formats/

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Now Indians also prefer Temporary Employment

Temp staffing companies have seen a rise of more number of permanent staff preferring temporary jobs. This is in contrast to the typical Indian employment mindset of placing job security ahead of opportunity. The change in mindset puts the following on priority -

better opportunity in terms of career profile and brand
employees get a higher pay [...]

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High attrition in IT & ITES Companies in Q1

According to a study conducted by MyHiringClub.com, the IT and ITES sectors saw the highest attrition rate of 23 % in the first quarter of 2010-11. The banking and financial services sector witnessed an attrition rate of 18 per cent, healthcare 12 %, FMCG 11 % and automobiles and manufacturing 11 %. The main reason [...]

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EPFO warns Employers from splitting salary to reduce PF contribution

It is common practice in India for employers to split wages into various smaller heads under the nomenclature of ‘allowances’ to avoid PF. In 2008 the PF Authorities had sent a circular to all its Inspecting Agencies to check the pay structures and the contract agreements of employers and ascertain if PF contribution was paid [...]

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Best Companies to work for in India

As per a study conducted by Great Place to Work Institute – Google India, Intel Technology, Makemytrip, American Express India, Marriott Hotels are top five among the top 50 best companies to work for in India.

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Few takers for job of Coconut plucking even at wages of Rs.14,000/-

Few takers for job of Coconut plucking even at wages of Rs.14,000/-

A coconut plantation farm in Thrissur, Kerala advertised for experienced coconut pluckers. What was interesting is the wage offered to the worker – Rs. 14,000/- per month with free accommodation. Even with this wage and perks, there are few takers of the job. Gods own country saw wages sky rocket with large scale migrant labour [...]

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