Page 12 - Labor
Daman & Diu administration showing below par: ADR
Performance of the Daman & Diu Union Territory Administration has been "below average" on most voter concerns like employment, drinking water and healthcare, according to a report by the Association for Democratic Reforms (ADR).
Jet staff blame government, lenders for crisis
Faced with delay in payments of salaries and prospect of joblessness, employees of now-grounded Jet Airways on Thursday blamed the Narendra Modi government and lenders for the collapse of the airline.
Australian Stocks Close Flat, Healthcare Counters Slip
Australian stocks ended on a flat note today as the sentiments in global markets were subdued ahead of the Easter holidays. A tepid performance by US stocks in overnight trades and selling pressure in major commodities also weighed on the stocks in Australia. Stocks in healthcare sector mostly witnessed selling pressure. The S&P/ASX 200 index edged up 3.4 points or 0.1% to end at 6,259.80. The index managed to gain for a third straight week, adding a nominal 0.1%. The All Ordinaries also ended flat at 6349.90. Markets will be closed on Friday and Monday for the Easter holidays.
87% Indians say no to workplace harassment: LinkedIn
A whopping 87 per cent of professionals in India say that harassment prevention at the workplace is a very important trend for the future of hiring and HR compared to 71 per cent globally, a new LinkedIn report said on Thursday.
Strawberry cultivation a sustainable source of income in J-K
Strawberry cultivation here, in the recent times, has become a major source of income and is providing ample employment opportunity to the youth.The commercial demand for strawberries has also increased over the years, yielding good profits from its cultivation.Speaking to ANI, Ramprakash, a farmer from Ritti village, said, "The government is also taking keen interest to promote the cultivation of strawberries. If small-scale farmers want to cultivate strawberry, the horticulture department provides subsidy to them."He further said that the central and state governments provide loans to young farmers to push them towards the farming business.The favourable climatic condition in the state has provided ample opportunities for the youth to take up strawberry farming as a business for better sustainability."Youngsters must engage themselves in strawberry cultivation as it demands less effort and gives more money. The market would bring down the graph of unemployed youth in the states," ...
Jet CEO says all jobs can't be secured during sale process
Hinting at job losses going forward, grounded carrier Jet Airways chief executive Vinay Dube Wednesday said the airline does not have an "answer" at present on the fate of its 20,000-odd employees during the stake sale process. The SBI-led consortium of lenders has offered prospective bidders ownership of the airline anywhere between 31.2 percent and 75 for which it had run an online bidding process between April 8 and 12 and had shortlisted four - Etihad Airways, NIIF, private equity funds TPG Capital and Indigo Partners-who can submit the final bids by May 10. "However, we must also be realistic that the sale process will take some time and will throw up several more challenges for us, many of which we don't have the answer today," Dube said in a communication to the harried employees who have not been paid since March. "For example, we don't have an answer today to the very important question of what happens to employees during the sale process," he ...
Unemployment rate doubled since 2011: Report
Unemployment rate in India has doubled in eight years to 2018 as 50 lakh lost jobs in last two years beginning with demonetisation in November 2016, a new research by a privately run university said. A report by Azim Premji University researchers led by Amit Basole said with the government not releasing results of the new high-frequency Periodic Labour Force Survey (PLFS) conducted by the National Sample Survey Office (NSSO), they used data from the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIC-CPDX) to understand the employment situation between 2016 and 2018. "Unemployment, in general, has risen steadily post 2011. Both the PLFS and the CMIE-CPDX report the overall unemployment rate to be around 6 per cent in 2018, double of what it was in the decade from 2000 to 2011," the report posted on the university's website said. India's unemployed, it said, were mostly the higher educated and the young. "Our analysis of CMIE-CPDX reveals that five million ...
5 million jobs lost between 2016-18, says report
Employment opportunities declined and five million men lost their jobs between 2016 and 2018, according to a report released by the city-based Azim Premji University. The decline in job opportunities coincided with demonetisation in November 2016, although no direct causal relationship can be established based only on these trends, the State of Working India-2019 (SWI) report said. "Accounting for the increase in working-age population, the decline in the workforce participation rate (WPR) amounts to a net loss of 5 million jobs during this period (2016-2018). "Recall that this analysis applies to men only. When we take women into account, the number of jobs lost will be higher," the report released on Tuesday read. Underlining that the last three years were "one of great turmoils" in the Indian labour market as well as in the system of labour statistics, the report pointed out that unemployment rose steadily post 2011. It found that the higher educated and the young were vastly over .
50 lakh jobs lost after note ban, youth worst hit
Nearly 50 lakh people in India lost their jobs between 2016-2018, a report said highlighting that the "beginning of the decline" coincided with demonetisation, although "no direct causal relationship could be established" between the trends.
Income Tax dept revises Form 16 for more details
The Income Tax department has notified changes in Form 16 that requires more details about deductions under tax saving schemes, investment in tax saving schemes and income from other sources.
Morale among Jet staff hit hard
Staff morale in crisis-hit Jet Airways has hit a new low, with more and more employees convinced that the airline is all set to fold up.
I-T dept revises format of TDS certificate issued by employers
The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help check tax avoidance. It will also include segregated information regarding deductions under various tax saving schemes, investments in tax savings instruments, different allowances received by the employee as well as income from other sources. Form 16 is a certificate issued by employers, giving details of employees' TDS (tax deducted at source) usually by mid June and is used in filing I-T returns. The revised Form, which has been notified by the Income Tax department, will come into effect from May 12, 2019. This means the income tax returns for financial year 2018-19 will have to be filed on the basis of revised Form 16. Among other things, the revised Form 16 will also include details of deductions in respect of interest on deposits in savings account, and rebates and surcharge, ...
Kerala government's score below par on top issues
Access to safe drinking water, better employment opportunities and healthcare were Kerala voters' top three priorities, the parameters on which the state government has performed "below average", says a report by the Association for Democratic Reforms (ADR), an election watchdog.
Nadella vows to act tough on harassment at Microsoft
Microsoft CEO Satya Nadella has said the company is making sweeping changes in its HR practices to address complaints of sexual harassment and discrimination at the workplace.
Hong Kong domestic worker fired for cancer awarded damages
A domestic worker sacked after a cancer diagnosis was awarded damages by a Hong Kong court Monday, in a case that highlighted exploitation of foreign women toiling as maids in the wealthy financial hub. Baby Jane Allas of the Philippines was diagnosed with stage three cervical cancer in January and fired the following month by her employer, who cited the illness as the reason for termination. The 38-year-old single mother of five instantly lost the right to healthcare and has had to regularly apply for visa extensions as she navigated Hong Kong's legal and immigration systems while battling cancer. She has been undergoing radiation therapy five days a week, along with chemotherapy one day a week. Allas and her former employer -- who was absent from Monday's proceedings -- reached a settlement of HK30,000 ($3,800) at Hong Kong's labour tribunal for sickness allowance, medical fees and wages in lieu of notice. "I am standing here right now to encourage more workers to come out if they ..
Chinese techies protest against very long work hours
Chinese tech employees have pushed back against the industrys notoriously long hours, known as the "996" schedule of working from 9 a.m. to 9 p.m., six days a week, the media reported on Monday.
RBI employees aren't government servants: Madras HC
The Madras High Court has observed that the employees of Reserve Bank of India (RBI) cannot be referred to as "government servants" while identifying their employment status.
Goyal says Congress 'Nyay' scheme recipe for scam, may burst like balloon
Union Minister and senior BJP leader Piyush Goyal Sunday said the Congress party's promise of a minimum income scheme for poor is a "disaster" in its design itself and could lead to another "scam" as selection of beneficiaries would be full of corruption. Goyal said he feels it will not be possible to implement this scheme as there is no data for income and salary levels and the Congress promise will "burst like a balloon". The Congress has promised to deposit Rs 72,000 annually into the bank accounts of 20 per cent of the poorest people across the country if it comes to power. While the Congress leaders and its president Rahul Gandhi have been saying the proposed scheme, which the party has named 'Nyay', has got a huge traction among the voters, the BJP has termed it totally impractical and against economic prudence. In an interview to PTI, Goyal said, "From the perspective of economic and financial prudence, obviously it is a disaster. I believe that it is near impossible because ...
Jet staff take out silent protest march at IGI airport
The employees of crisis-ridden Jet Airways took out a silent protest march demanding the payment of their dues outside the IGI airport's Terminal 3, here on Saturday.
Jet Airways employees seek PM Modi's intervention to help them out
Over 500 employees of Jet Airways on Saturday sought the intervention of Prime Minister Narendra Modi in saving the airline, which has not been able to pay the salary to its pilots and engineers for the last three and a half months.The employees of debt-ridden airline demonstrated at the Indira Gandhi International (IGI) here to press for their demand."Pilots and engineers have not got their salary for the last three and a half months. Livelihood of over 23,000 people is at stake. We request Prime Minister Narendra Modi to intervene in the matter and save the airline," said Captain Ashwini Tyagi.Terming the airline an asset for the country, Captain Rajeev Handa said: "This airline took India's hospitality to the world. Not only employees but our passengers also want this airline to survive given its unmatched services."Citing the figure of mere seven operational aircraft out of 127 aircraft in its kitty, Station Manager Abhijeet Angolkar said: "It is holiday season and air fares are ..