Jobs And Employees

'No sick leaves': Company restricts employees from taking offs, viral photo

Netizens were not pleased with a boss's notice about vacation limits, which included 'not taking any sick days.' People are disappointed by the sad conditions that employees usually face at work

Bhavish Aggarwal-led Ola Electric plans restructuring; to impact over 500

The restructuring looks to enhance operational efficiency and improve profit margins as the company works towards achieving profitability

Why did EY fire dozens of US staff for attending mandatory training events?

Several of the fired employees expressed disbelief, arguing they were unaware they were breaking any rules and that their intention was merely to attend interesting sessions

Boeing prepares layoff notices for thousands of workers as turmoil deepens

While Su has previously spoken with Boeing and the striking West Coast factory workers' union, it is her first time in Seattle meeting both sides in person

Most Indian employees seek self-harm coverage in health insurance plans

In India, 43 per cent of organisations reported that their group medical insurance plans do not include any mental health benefits, a report stated

Employee background verification discrepancies surge 44% in key industries

The rise in remote work and the prevalence of fake employment verification services led to the employment verification discrepancies rising to 14.26 per cent in FY24 as opposed to 9.9 per cent in FY21

Japanese bonds yields rise in step with US peers after blowout jobs report

The two-year JGB yield was up 3.5 bps to a two-month high of 0.4 per cent

Byju Raveendran apologises to employees, pledges support amid challenges

As a small token of appreciation, Raveendran said he has managed, against all odds, to borrow some funds and to compensate the employees and urged them to continue teaching

Empathy, inclusive upskilling key to foster thriving work cultures: Report

The 2024 Global Culture Report highlights that employees are six times more likely to be engaged when their leaders demonstrate genuine empathy and not merely as 'understanding'

Fresh formal hirings face marginal decline in June, shows EPFO data

The data is signalling a slowdown in the formal labour market

India's top 5 IT firms continue headcount decline for 7th straight quarter

In the first quarter of FY25 ending June 30, the total number of employees at Tata Consultancy Services, Infosys, Wipro, HCLTech, and Tech Mahindra fell by 2,034 compared to the previous quarter

Employer-employee hiring expectations gap continues to grow: Report

Around 34 per cent of organisations in the country struggle to find the right talent and one in three grapples with retaining existing employees as the gap between employer expectations and employee realities regarding hiring and retention continues to grow, according to a report. Even as employers and job seekers agree that flexibility, higher salaries and career progression are top priorities, employees value company culture and ethics more than the organisations realise while organisations overvalue the importance of brand and incentives, said Michael Page 'Talent Trends 2024 - India Expectation Gap' report. Coming out of the pandemic, a convergence of factors resulted in a subtle but transformative change in workplace dynamics, with people thinking more holistically about the value their job gives to their lives, said Nicolas Dumoulin, Michael Page Senior Managing Director for India, Thailand, Philippines, and Vietnam. Michael Page 'Talent Trends 2024 - India Expectation Gap' .

Formal job creation hits 10-month high with 985K new subscribers: EPFO data

Surge in young and female subscribers signals recovery in labour market

Karnataka Labour Minister presses Byju's to resolve former employees' dues

Labour Minister Santosh Lad revealed that approximately 160 to 200 employees had approached the Labour Department, with total outstanding dues amounting to around Rs 4.5 crore

73% of Indian workers surveyed content with their salary: ADP Survey

ADP's annual flagship survey, People at Work 2024: A Global Workforce View, reveals that salary continues to be the most important factor for Indian workers surveyed in a job (55%)

14% Indians feel they are thriving in workplace, 32% feel stressed: Report

A report by Gallup 2024 State of the Global Workplace revealed that 35 per cent of Indian respondents were experiencing daily anger, the highest in South Asia

Tech firm AiDash announces launch of first ESOP buyback programme

Enterprise SaaS firm has more than 300 employees in India

Employers taking measures to promote diversity, gender parity, says report

A significant percentage of employers in India are taking active measures to promote diversity and gender parity through progressive policies, upskilling, and flexibility and have realigned their hiring strategies by mandating women hiring at every level across sectors, says a report. According to New research conducted by ManpowerGroup India, 54 per cent of employers in India expressed optimism on their company's Diversity, Equity, Inclusion and Belonging (DEIB) initiatives being on track in increasing women participation at different levels, way above the global average of 46 per cent. The survey that examined 3,150 Indian employers, noted that internal leadership development programmes are most effective to help retain and secure diversified talent. Sector-wise, the Information Technology (IT) sector leads the way in strengthening its diversity ratio, closely followed by the healthcare and life sciences sector and financials and real estate sector, whereas the consumer goods and

Job applicant sends their CV through Blinkit: "The hustle is real"

A job applicant was looking for a job and shared his CV and cover letter through Blinkit. An X user, Aditya, shared a post on X and wrote "the hustle is real"

Asked to work from home, then fired: How Stellantis laid off 400 employees

Stellantis laid off around 400 employees in a video call after asking them to do work from home on a particular day. They will now get a comprehensive separation package and transition assistance