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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Maruti Vs Union; Locks horns again

After having gone on a 13 days strike from 4th of June 2011, the Manesar Plant (Haryana) of Maruti Suzuki again saw fresh trouble brewing. Five workers were suspended for having allegedly beaten up a Supervisor of the Plant. The workers went on 1 hour tool down strike immediately protesting against forcible eviction of five [...]

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EPFO loses case (20.07.2011) on Minimum Wage applicability to PF

A few days back in the case of Assistant Provident Fund Commissioner, Gurgaon Vs. G4S Security Services (India) Limited & Anr, 2011 LLR 316, the Punjab & Haryana High Court held that the provident fund contributions are not necessarily to be paid on the wages as fixed under the Minimum Wages Act.
Aggrieved by the Order, [...]

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Maruti locks horns with its Union on recognition

Maruti locks horns with its Union on recognition

The new Maruti Suzuki Employees Union (MSEU) at Manesar Plant (near Gurgaon, Delhi) demand recognition as a Union and the Management doesn’t seem to be interested in letting that happen. The Management is of the stern view that there is already a recognized Union by name Maruti Udyog Kamgar Union (MUKU) and the workers who [...]

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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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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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Health Insurance for Domestic Workers

Health Insurance for Domestic Workers

The Union Cabinet has approved a health insurance scheme under the Rashtriya Swasthya Bima Yojana (RSBY) for domestic workers in the country. The insurance is intended to provide cashless smart-card health insurance of upto Rs. 30,000 annually. Around 47.50 lakh domestic workers are engaged in India and this scheme will benefit all those under the [...]

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New PF Returns generating software for Employers for FREE

Employee Provident Fund Organization has introduced a new PF returns software that can be installed by all employers and by keying in data all the required returns can be generated.
Check out the link – http://www.epfindia.com/Employers_eReturn.htm

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Resurrecting Sick PSU’s

The Ministry of Heavy Industries in looking to revive some of its sick PSU’s. Adverse working conditions and lack of motivation are seen as some of reasons for their poor performance. The 54 sick PSUs posted combined losses of 14,424 crore in 2008-09, a 40% increase over the previous year. West Bengal-based Eastern Coalfields recorded [...]

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