New data shows that office workers in India have spent on average 241 hours using AI over the course of the year. In 2024, that number is expected to rise. A new study conducted by DeskTime found that Indian office workers spent, on average, 241 hours over the course of 2023 using various AI...
Government employees and trade unions across Haryana have announced their participation in the nationwide Bharat Bandh call by farmers, scheduled for February 16. The coordinated efforts between protesting farmers, trade unions and government employees seek to press for various demands including...
Spicejet has delayed payment of salaries to many of its employees and also defaulted in PF contributions payment, according to a CNBC-TV18 report citing sources. It was reported recently that the carrier is also planning to reduce its headcounts to lessen the salary bill load. Also read: Punishment...
The Madhya Pradesh High Court has clarified that the term ‘lower’ grade/post in Clause 39(1)(d) of LIC Staff Regulations includes punishment to the ‘lowest’/’minimum’ grade or post. The division bench, comprising Justices Sujoy Paul and Vivek Jain, held that the regulation makers did not intend to...
Bloomberg: Have you suffered an “involuntary career event” recently? Perhaps you were a casualty of “corporate outplacing”, the unfortunate, yet ostensibly necessary result of your company “rightsizing”. Managers are running out of ways to say you no longer have a job. Layoffs in the first month of...
Budget carrier SpiceJet plans to lay off 1400 employees as part of manpower rationalisation and save about Rs 100 crore annually. The move, aimed at streamlining operations and slashing costs, comes amid ongoing legal battles and delays in fundraising, raising concerns about the airline’s future...
Ayub Ali has been appointed as Corporate HR – Head of Ramee Group of Hotels. Before this appointment, Ayub was associated with Aaverina Hospitality as Group HR and Training Head. On this development, Ali said, “I am convinced that nothing we do is more important than hiring the right...
The Employees’ State Insurance Corporation (ESIC) on Saturday decided to extend medical benefits to superannuated insured persons with relaxed norms. The decision was taken at the 193rd meeting of ESIC under the chairmanship of Union Minister Bhupender Yadav, a labour ministry statement said. The...
The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has fixed an interest rate of 8.25% for Employees’ Provident Fund (EPF) accounts for 2023-24, news agency PTI reported on Saturday. Last year on March 28, the EPFO declared an interest rate of 8.15 per...
New Delhi: Retirement fund body EPFO has hiked the interest rate on employees’ provident fund (EPF) deposits for 2023-24 to 8.25%, a three-year-high. The decision was made during a meeting of the EPFO’s apex decision-making body, the Central Board of Trustees (CBT), on Saturday. Also...
