Infosys supports 'gig work' for employees but is against dual employment, has fired people who were moonlighting, CEO Salil Parekh said in a media interaction on Thursday
According to the 'Employment Guarantee during Covid-19' report, the spending on the MGNREGA needs to go up by three times
HCL Technologies on Wednesday weighed into the issue of moonlighting, that has created quite a stir in the industry, and said while it does not approve of dual employment, the issue is not a major one within the company. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. "Dual employment while working for HCL Tech...we do not approve of that. Everybody who signs up to work for HCL Tech is signing up employment contract which requires exclusivity. The requirements around confidentiality, and non compete... all those provisions that are there we expect our employees to honour those commitments," Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing. Fortunately, he said, moonlighting has not come up as a big problem within HCL Technologies. "We don't have that as big problem that we have too many people indulging in dual employment. It is not a big problem. We have had one or two stray
Taking a tough stand against those involved in moonlighting, IT services giant Wipro sacked 300 employees in September; here's how they caught the moonlighters
The government needs to enact a 'Right to Work' legislation and invest at least 5 per cent of GDP, that is Rs 13.52 lakh crore, per year to ensure full employment in the country, as per a study by the People's Commission on Employment and Unemployment. The People's Commission on Employment and Unemployment, set up by Desh Bachao Abhiyan, released its study 'Right to Work: Feasible and Indispensable for India to be a truly Civilized and Democratic Nation' on Tuesday. The report stated that full employment cannot be achieved through a piecemeal approach as it requires drastic changes in the legal, socio-political and economic aspects. It suggested that the government should enact a 'Right to Work' law to ensure decent livelihood for citizens. It stated that creating employment for 21.8 crore people needs investment of Rs 13.52 lakh crore per annum or 5 per of the GDP (gross domestic product). It also stressed on increasing this expenditure by 1 per cent of the GDP per annum for the n
While consumer expectations grew in both rural and urban regions, the rate of increase was much higher in urban than in rural areas
Under the Ministry of Labour and Employment, the NCS portal acts as a bridge between job seekers and employers. It also provides career counselling and training to the candidates
Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22
KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations
The committee is particularly concerned about the third edition of the scheme, as placement figures fall below 10%
At least 91 per cent of leaders feel the shift to hybrid work has made it challenging to have confidence in employees being productive, a Microsoft study
All the heady optimism has overlooked the vulnerable state of the macro-economy. Caution, not complacency, is the more appropriate sentiment for now
Across-the-board improvement in mortality rates over the years, shows govt data
Besides health, trade and IT/BPO sectors saw vacancies increasing during the pandemic's Omicron phase
Mfg sector was worst hit with 140,000 job cuts, followed by education (22,204) and construction (8,954). IT/BPO created most new jobs at 370,000, followed by the health sector (93,701)
He added the days when employees signed up with big tech majors and spent their lives on the job were long gone
The Factories Act is one such, but its provisions don't apply to firms that don't run a factory; many states have their own laws on the matter
Nasscom calls for firms to re-imagine engagement models
Around 2,000 people have got direct employment while conditions for indirect employment have been made
According to its Economic Survey, in 2021-22, Haryana's per capita net state domestic product at Rs 2,74,635 was nearly twice the national average of Rs 1,50,326