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Your salary hike in 2020
Survey & Report

Your salary hike in 2020

Companies are expected to increase average pay by 9.1% in 2020 vs 9.3 % in 2019 Slowdown in the economy is reflected in subdued salary increase projections in the country. The average pay increase in 2020 is projected to grow at 9.1 percent, which is the highest in the Asia Pacific region but is at […]

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Amazon India has set no retirement age for its employees
Jobs

Amazon India has set no retirement age for its employees

Joining the Amazon India is certainly not easy, candidates go through up to 12 rounds of screening. However, the silver lining is that, once in, the candidate can stay on for as long as he/she likes, or so it seems, because unlike most organizations, which retire their employees at 58 or 60 years of age, […]

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EPFO to start e-inspection to monitor voluntary compliance of EPF scheme
Labour Law

EPFO to start e-inspection to monitor voluntary compliance of EPF scheme

EPFO will launch an e-inspection system across the country for monitoring voluntary compliance of the EPF scheme by employers. The EPFO is a firm believer in voluntary compliance and wants to understand the industry issues in case of default and non-compliance of the scheme, Central Provident Fund Commissioner Sunil Barthwal said. “The EPFO will start an e-inspection system to […]

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EPFO, ESIC related grievances will be resolved quickly: Labour minister, S K Gangwar
Labour Law

EPFO, ESIC related grievances will be resolved quickly: Labour minister, S K Gangwar

The Labour and Employment Ministry said procedures and policies are being streamlined to ensure speedy redressal of grievances related to EPFO, ESIC and other entities under it. In 2019, there were a total of 9,02,203 complaints on the EPFi Grievance Management System (EPFiGMS) and out of them, 8,38,579 complaints were disposed of, as per official […]

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Learning at the center of performance reviews
Performance Appraisal

Learning at the center of performance reviews

Performance reviews have always been a crucial way to assess employee’s performance and productivity. It is a key component to measure employee’s performance in an organization. It also helps employees to work in the right direction to achieve goals and therefore facilitates better working relationships. Annual performance review gives you a chance to build a […]

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Alstom agreed to buy Bombardier’s train division
Merger & Acquisition

Alstom agreed to buy Bombardier’s train division

French company Alstom has announced on Monday, 17th Feb, that it has signed a Memorandum of Understanding with Bombardier Inc. and agreed to buy the rail division of Bombardier. “I’m very proud to announce the acquisition of Bombardier Transportation, which is a unique opportunity to strengthen our global position on the booming mobility market. This […]

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Enabling Managers to Conduct Performance Appraisals
Performance Appraisal

Enabling Managers to Conduct Performance Appraisals

In years of having led performance management systems, training the managers to conduct effective appraisals have been a constant factor in skill-building or the annual leadership programs. There are number of articles written about what are the best ways of conducting appraisals, most managers know these practices cognitively as well. In this article sharing my […]

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ESIC increases confinement expenses to Rs 7,500 for pregnant women
ESIC

ESIC increases confinement expenses to Rs 7,500 for pregnant women

The ESI Corporation has decided to increase Confinement Expenses paid to pregnant women, who are not able to avail maternity services of ESIC dispensaries from Rs 5,000 to Rs 7,500. The decision was taken at the 181st meeting of the corporation held on Thursday under the chairmanship of Labour Minister Santosh Kumar Gangwar. “Keeping in […]

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Providing Meaningful Performance Feedback
Performance Appraisal

Providing Meaningful Performance Feedback

When Raj resigned from the position of Area Sales Manager in a large consumer durable company his HR head met him to understand the reasons for his departure and amongst the other reasons, the most important thing that came up during the discussions was that he never got feedback about his performance from his seniors. […]

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India Inc. back in hiring mode, talent demand up by 12%
Jobs

India Inc. back in hiring mode, talent demand up by 12%

RecruiteX – TimesJobs’ recruitment index – registered 12% M-o-M and 4% Y-o-Y growth in talent demand in January 2020. This trend marks the starting of the New Year on an optimistic note and brings the much-awaited cheer in the Indian job market. The RecruiteX January 2020 edition saw FMCG and Healthcare sectors posting the maximum […]

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