Page 10 - Employee

Top executives at Better.com resign after CEO fires 900 employees

The mortgage company's top three executive have left the company, the Insider reported

Indian IT services sector to see 4.5 lakh gross employee addition in H2

Indian IT services sector is expected to see a gross employee addition of about 4.5 lakh in the second half of the fiscal ended March 2022, according to a report by market intelligence firm UnearthInsight. With higher attrition in the second half of around 17 to 19 per cent, the industry is expected to have a net employee addition of about 1.75 lakh in H2 FY22, the 'IT Industry Q2 Insights & FY22 Forecast' report said. "Our H2FY22 report unveils insightful findings, and it further brings out the fact that the IT industry's perceived 'War on Talent' is real and it's getting intense with attrition is a rising concern for the industry. It's crucial for the industry to focus on Employee Value Proposition (EVP) even more aggressively to keep attrition in check," UnearthInsight founder and CEO Gaurav Vasu said. Vasu added that one of the highlights of first half is the way top IT firms have delivered upskilling programmes in completely digital format and have developed robust ...

MSRTC suspends 1,135 employees over strike, total rises to 2,053

The MSRTC on Thursday suspended more of its employees

5 in 10 workers now pick employer based on work-life balance: Study

Business leaders and employees significantly disagree on the future of work and new research showed on Tuesday that 57 per cent of employees will now select an employer based on work-life balance

New Zealand expands vaccine mandate, 40% of workers to get fully vaccinated

The changes will mean that about 40 per cent of all New Zealand workers will need to get fully vaccinated against the coronavirus or risk losing their jobs, up from about 15 per cent previously.

Over 82% Indian employers want vaccination to be made mandatory: Survey

Nearly half of all employees leave vaccine transparency in the hands of their employers

Govt asks depts to promote five-minute yoga break among its employees

Ministry of Ayush had designed and developed five minutes duration yoga protocol, named Y-break, for work place by an expert committee in 2019 and module was launched in January 2020 on pilot project

LIC Housing Fin Q1 net nosedives 81% to Rs 153 cr on spike in impairment

Total income declined to Rs 4,859.04 crore from Rs 4,977.5 crore a year ago. Sequentially also income fell marginally from Rs 4,964.3 crore in Q4FY21

J&K to retire 'ineffective' staff after 22 yrs of service or 48 yrs of age

Jammu & Kashmir administration has asked secretaries to initiate a process to identify employees who are 'ineffective in work or not fit to continue' after 22 years of service or 48 years of age.

Jet staff to get plummeted relief, only Rs 52 cr earmarked for employees

It is not yet a happy ending for the Kalrock-Jalan consortium of Jet Airways as employees of airline are unhappy with relief they are being offered which is slashed down from the actual claims

Ikea France executives face verdicts for alleged employee spying

A panel of judges is to rule Tuesday whether officials of the French subsidiary of Ikea, spied on union representatives, employees and some unhappy customers

Credit Suisse Group to hire over 1,000 IT employees in India in 2021

Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank

Tata Motors Jamshedpur plant to undergo block closure from May 18-22

Homegrown automobile giant Tata Motors will undertake a block closure at its Jamshedpur facility from May 18 to May 22, as per an internal communication sent to its employees

Amazon violated employees' rights by firing outspoken workers: Labour board

The National Labour Relations Board has found that two outspoken Amazon workers were illegally fired last year

Bosses are clueless that workers miserable and looking to leave: Survey

A total of 46 per cent of respondents said they are planning to move to a new location this year

New York sues Amazon over worker safety during Covid-19 pandemic

AG accuses e-com giant of failing to adequately protect staff at 2 warehouses

BPCL privatisation: Govt rules on worker protection, asset stripping later

Preliminary expressions of interest or EoIs are due on September 30, which will be followed by qualified bidders being asked to submit financial or price bids.

J&K to suspend recruitments under rule allowing only basic pay for 5 years

Principal Secretary Rohit Kansal tweeted on Monday to state that the decision was taken in a meeting of the Administrative Council, chaired by Lt Governor G C Murmu

SC verdict today on MHA's order to pay full wages to staff amid lockdown

Earlier, the Supreme Court observed that some negotiations have to happen between employers and workers to iron out what has to be done for the salary for these 54 days

Oyo asks all employees to take 25% pay cut; some to be sent on furlough

OYO CEO for India Rohit Kapoor communicated the decision through an email to employees after a company townhall on Wednesday