Page 4 - Employees

Government likely to increase DA for all govt employees and pensioners

The government may soon increase the DA and DR by 3 per cent for central government employees and pensioners. PM Modi can approve the proposal in a cabinet meeting

The die is cast: How shrinking of CPSE jobs has changed the reservation mix

Some segments have gained greater share amid a drop in overall employment

Byju's rolls out new social media policy for employees amid layoffs

Any violation will be taken up by the company seriously and may result in appropriate disciplinary and legal action initiated against the employees, according to the internal company document

Precarious employment conditions may increase risk of early death: Study

People without a stable job contract can reduce their risk of premature death by 20 per cent if they find permanent work, according to a study

After quiet quitting & quiet firing, are companies now quiet cutting?

Quiet cutting is a move by companies where they remove positions but do not fire any employees

86% of employees feel reskilling can help decrease unemployment: Report

Over 86 per cent of respondents feel reskilling and upskilling can reduce unemployment and help employees easily adapt to the evolving demands of the modern work environment, a report said on Saturday. The report by HR solutions provider Genius Consultants revealed that 86 per cent of employees interviewed feel reskilling and upskilling can help in reducing unemployment, however, 8 per cent disagreed saying that it will not have much effect on the current scenario. With the rapid advancement of technology and its integration into various work processes, 88 per cent of employees consider reskilling and upskilling is crucial for professional growth, it added. The report is based on an online survey among 1,148 employees from June 14 to July 25, across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media among others. The report further revealed that 77 per cent of employees .

Amazon illegally called police on employees, labour board alleges

Last November, a federal judge in New York in a different case ordered Amazon to stop retaliating against employees for workplace activism

Quest Global plans to double India headcount to 20,000 in next 3-5 years

Quest Global is also betting on semiconductor chip design and fabrication machinery

Elon Musk to fund legal bill of people treated unfairly due to posting on X

Musk on Sunday tweeted, "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill. No limit. Please let us know"

Manipur govt to invoke 'no work no pay' rule for staff not attending office

The Manipur government has decided to invoke "no work, no pay" rule for its employees who are not attending office. The General Administration Department (GAD) has been asked to furnish details of employees who are not able to attend their official work due to the prevailing situation in the state. A circular issued on Monday night by GAD Secretary Michael Achom said: "In pursuance of the meeting chaired by the Chief Minister on June 12 and decision taken at para 5-(12) of the proceedings, all employees drawing their salaries from General Administration Department, Manipur Secretariat are informed that no work, no pay may be invoked to all those employees who do not attend their official duty without authorised leave." Manipur government has one lakh employees. The circular also asked for all administrative secretaries to "furnish details of those employees who could not attend their official duty due to prevailing situation in the state indicating the details of employees such as

AI threatens jobs but more than a quarter of workers still plan to quit

The study found that more than one in four (26%) unspecialised office workers, like administrative assistants, are looking to change jobs in the next 12 months, up from 19% a year ago

As work-from-office resumes, TCS employees get less time to upgrade skills

Average learning hours fell from 121 in Financial Year 2021-22 (FY22) to 82 in FY23, according to TCS' annual report

44% of small biz in US, Canada to hire fewer people owing to AI: Report

The report suggested that two out of three business owners said that they will try generative AI for work within a year, indicating that most small business owners will be using it

Mensa Brands lays off 30 from recently-bought India Lifestyle Network

In November 2021, Mensa Brands raised $135 million at a valuation of nearly $1.2 billion, making it the fastest Indian start-up to reach unicorn status

Sign of the times: Infosys cuts employees' variable pay for Q4 FY23 to 60%

In a sign of approaching headwinds, IT firm Infosys has cut the average variable payout at an organisational level to 60 per cent for the fourth quarter of the financial year 2022-23 (FY23), according

IT major Infosys rewards employees with equity shares under 2 schemes

Under the 2015 Stock Incentive Compensation Plan, 104,335 equity shares were allotted and 407,527 shares were allotted under the Infosys Expanded Stock Ownership Program 2019

Microsoft freezes salaries of full-time workers due to economic uncertainty

The company will, however, consider raising rates for hourly workers while maintaining a bonus and stock award program without "overfunding" it, Nadella said without elaborating

Lenovo begins laying off employees as PC business takes a beating: Report

According to a report in CRN, the job cuts at Levono are "part of a roughly $115 million cost-cutting plan"

Lyft plans job cuts, may hit 30% of employees as it struggles over profit

The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs

News outlet 'Insider' to lay off 10% workforce including staff writers

The digital publication, however, denied that its experiments with AI chatbot ChatGPT for writing assignments is behind the job cut move, reports The Daily Beast