Page 57 - Labor
More Jet Airways employees hit by salary default
After delaying salary to its pilots and engineers along with senior management, Jet Airways has now defaulted on the payment of September salary to other categories of employees as well, an airline source said Wednesday. The Mumbai-based full-service airline, partially owned by UAE national carrier Etihad Airways, has been facing financial problems for quite some now. The Naresh Goyal-controlled airline is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce. "We generally get our salary on the 1st of (every) month. Last month, the airline had paid to all employees except senior management, pilots and engineers on time. "But this time (September), they have failed to pay even to other categories of employees such as manager and above levels," the source said. The source said the employees in A1-A5, O2 and O3 grade, or whose salaries are up to Rs 75,000 per month, were paid on October 1, while the rest of the ..
Amazon raises minimum wage to $15, urges rivals to follow
(Reuters) - Amazon.com Inc said on Tuesday it would raise its minimum wage to $15 per hour for U.S. employees from next month, giving in to critics of poor pay and working conditions at the world's second most valuable company.
Fed chairman Powell: U.S. outlook "remarkably positive" with low unemployment, tame inflation
BOSTON (Reuters) - U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a "remarkably positive outlook" for the U.S. economy that he feels is on the verge of a "historically rare" era of ultra-low unemployment and tame prices.
Amazon increases minimum wages for all US employees to USD 15 per hour
Online retail giant Amazon announced Tuesday it would increase minimum wage of its all US employees to USD 15 per hour, a move welcomed by the Trump Administration and US lawmakers as a significant step that benefits workers. Effective November 1, the new wage will benefit more than 250,000 Amazon employees, as well as over 100,000 seasonal employees who will be hired at Amazon sites across the country this holiday. "We listened to our critics, thought hard about what we wanted to do, and decided we want to lead," said Jeff Bezos, Amazon Founder and CEO. "We're excited about this change and encourage our competitors and other large employers to join us," said Bezos, who is also owner of The Washington Post. "We will be working to gain Congressional support for an increase in the federal minimum wage. The current rate of USD 7.25 was set nearly a decade ago," said Jay Carney, senior vice president of Amazon Global Corporate Affairs. "We intend to advocate for a minimum wage increase ...
U.S. Senator Bernie Sanders applauds Amazon for wage hike
(Reuters) - U.S. Democratic Senator and prominent Amazon critic Bernie Sanders praised the company's move to increase minimum hourly wages to $15 on Tuesday and said other companies should follow its lead.
Amazon raises its minimum wage in US to $15/hour
Amazon.com on Tuesday said it was raising the minimum wage for all its US employees to $15 an hour, starting from November 1.
Amazon to raise minimum wage to $15 for U.S. employees
(Reuters) - Amazon.com Inc said on Tuesday it would raise its minimum wage to $15 per hour for its U.S. employees from next month as it faces criticism for pay disparity from lawmakers and labor unions.
Yuva Nestham scheme not launched for electoral gains: Naidu
Allaying fears of jobless youths in Andhra Pradesh, Chief Minister N Chandrababu Naidu said the unemployed graduate allowance scheme -- Mukhyamantri Yuva Nestham -- launched Tuesday will not be discontinued midway like the case in other states and that it has not been rolled out eyeing electoral gains. Naidu said corruption will not be tolerated when about 20,000 vacant government posts are being filled and that private jobs will also be given to local youths. Under the Nestham scheme, a monthly allowance of Rs 1,000 will be given to eligible jobless graduates who are below the poverty line (BPL). Further, such youths will be given skill training to increase their employability. The unemployed youth allowance scheme was one of the poll promises of the Telugu Desam Party (TDP) in its election manifesto in 2014. The assembly poll is due next year. "This is not done for electoral gains. This has been done to build your (the youth) career and future. This scheme will not be discontinued .
Amazon ups wages for 350K, says it will advocate better pay
Amazon, which has faced political and economic pressure to raise pay for thousands of employees, is boosting its minimum wage for all US workers to USD 15 per hour starting next month. The wage hike will benefit more than 350,000 workers, which includes full-time, part-time, temporary and seasonal positions. Employees at Whole Foods, which Amazon now owns, will get the same pay hike. Amazon's hourly operations and customer service employees, some who already make USD 15 per hour, will also see a wage increase, the Seattle company said. Amazon, with more than 575,000 employees globally, took it a step further Tuesday, saying that it would become an advocate for better pay everywhere. A public policy team employed by Amazon will begin pushing for an increase in the US federal minimum wage of USD 7.25 per hour. "We intend to advocate for a minimum wage increase that will have a profound impact on the lives of tens of millions of people and families across this country," Jay Carney, ...
NAREDCO inks pact with Housing and Urban Affairs ministry for skill training
Realtors body NAREDCO Tuesday said it has signed agreement with the Ministry of Housing and Urban Affairs to provide skill training and jobs in the construction sector for 2.5 lakh poor people. "NAREDCO has entered into a Memorandum of Understanding (MoU) with the Ministry of Housing and Urban Affairs, Government of India, to strengthen the skill trainings and employment opportunities in the construction sector for the urban poor under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission," the association said in a statement. On the partnership, National Real Estate Development Council (NAREDCO) President Niranjan Hiranandani said: "There are two objectives of this MOU, first is to provide employment to urban poor waiting to enter construction sector and secondly up-skill the semi-skilled construction workers working on construction sites to a skilled category." NAREDCO would ensure the implementation of this initiative through training providers. A majority of the fresh and .
'Expect to reach regular production at Chennai plant'
Royal Enfield Tuesday said it expects to reach regular production levels at its manufacturing unit here as the company was holding discussions with striking employees "to amicably resolve all concerns raised by them." The employees of the plant at Oragadam, about 45 km from here, Monday resumed their agitation, a day after deciding to end their over week long strike following a settlement, accusing the management of placing unacceptable conditions. They had reached an 'amicable' settlement with the management Saturday on their demands, including wage revision and bonus and decided to call off the strike launched on September 24. Union sources had claimed that nearly 4,000 employees out of the workforce of 6,000 were participating in the strike. Royal Enfield,in a filing to the stock exchanges Tuesday, said the manufacturing facility at Oragadam has been operational since September 29 "after part of the work force did not report for duty since September 24." "We expect to
'Kisan Kranti Padyatra' to reach Delhi today, security tightened
Heavy security has been deployed at the Delhi-Uttar Pradesh border ahead of the arrival of 'Kisan Kranti Padyatra', which is being staged by farmers under the banner of Bharatiya Kisan Union.Earlier on September 30, the Union had announced that their 'Padyatra' that has begun from Haridwar will reach the national capital on the occasion of the 149th birth anniversary of Mahatma Gandhi on October 2.Farmers participating in the movement are demanding for complete loan waiver and reduction in electricity tariff, among other requirements.They are also seeking a provision of a pension to every farmer aged above 60.
'Mukhyamantri Yuva Nestham aims at creating more employable youth in Andhra'
Andhra Pradesh IT Minister Nara Lokesh has said that the state government's 'Mukhyamantri Yuva Nestham' scheme is aimed at creating more employable youth."The Andhra Pradesh government will tomorrow (Tuesday) start dispersing funds of the monthly unemployment allowance of Rs 1,000 to the eligible jobless youth of the state as a part of 'Mukhyamantri Yuva Nestham' scheme," Lokesh told ANI on Monday."The scheme aims at creating more employable youth. We have recognised 10 lakh unemployed youth in the state and out of them, 5.60,000 have applied and 2,80,000 applications have been verified," Lokesh added.Earlier on September 12, Andhra Pradesh Chief Minister N. Chandrababu Naidu said that the scheme's major motive is to empower the youth by providing skill development, self-employment opportunities and use the youth power for the development of an economy."The state government has been providing skill development training to 10 lakh youth and providing employment opportunities to them. ..
Haryana govt hikes social security pension
The Haryana government has enhanced the social security pension by Rs 200 per month, state Finance Minister Abhimanyu said Monday. The enhancement would be effective from November 2018. With this increase, the beneficiaries under all the social security pension schemes will get the benefit of Rs 207 crore annually, he said. The minister said the Manohar Lal Khattar government is moving forward in a fast pace towards fulfilling all its promises. In this series, the elderly pension has been increased to Rs 2,000 per month from Rs 1,800 currently. Widow and destitute women pension, disability pension, Ladli Social Security allowance, dwarf allowance and eunuchs allowance has also been increased from Rs 1,800 to Rs 2,000. The destitute children will get Rs 1,100 instead of Rs 900 and children with disability who are not able to attend school would get Rs 1,400 instead of Rs 1,200 earlier. Abhimanyu said at present, there are 15,13,602 beneficiaries of old age pension, 6,73,629 of widow ...
INLD demands reservation in jobs for Haryana youths
Indian National Lok Dal (INLD) leader Dushyant Chautala on Monday knocked on the doors of the Raj Bhawan, demanding employment and justice for the youth of Haryana. Presenting a memorandum to Governor Satyadev Narayan Arya here, the Hisar MP accused the ruling Bharatiya Janata Party of going back on its promises to the youth while seeking their support during the 2014 Lok Sabha poll. Chautala reminded that the BJP had failed to fulfil its promise in its manifesto to reserve 25-per-cent jobs in private sector for the youth of the state, as well as giving a monthly allowance of Rs 6000 and Rs 9000 per month to unemployed Class XII pass, graduates and post-graduates in return of 100 hours of part-time jobs. The INLD leader demanded that there should be reservations in jobs for the Haryana youth in the private sector. He drew the attention of the governor to the rules in vogue in many states of the country that reserve jobs for its bonafide residents. For example, he said, in Himachal ...
Bedi honours workers for implementation of cleanliness drive
Puducherry Lt Governor Monday honoured the best sanitary workers of the rural commune panchayats and Swachchta mission supervisors and workers for the excellent implementation of the cleanliness drive. Presiding over the celebration of 'Swachchta Hi Seva' programme on the eve of Gandhi Jayanthi at Raj Nivas here, she said construction of individual household toilets in Puducherry had restored the safety of women saving them the ignominy of defecating in the open and also subjecting them to harassment. The former IPS officer said with the participation of various organisations, Puducherry would certainly become the "cleanest and finest union territory.
Royal Enfield employees resume strike; Yamaha, MSI workers'
A day after deciding to end their over week-long strike following a settlement, the employees of Royal Enfield Monday resumed their agitation accusing the management of placing unacceptable conditions. The employees of the Royal Enfield's plant at Oragadam, about 45 km from here, had reached an 'amicable' settlement with the management Saturday on their demands including wage revision and bonus and decided to call off the strike launched on September 24, Working People Trade Union Council and Royal Enfield Employees' Union Vice-President R Sampath said. However, they did not resume duties Sunday as the permanent employees were asked to deposit their mobile phones at the security office before entering the factory while contract workers were allowed to carry their phones, he said. "We have been allowed with mobile phones for last five years. The condition by the management was not acceptable to us and from today we are resuming our protest," he told PTI. He claimed that ...
Strike-hit Ryanair warns on profits, signals job cuts
Ryanair slashed its profits forecast Monday and signalled job losses in the Netherlands and Germany, as the Irish no-frills airline revealed the fallout of pan-European strikes by its disgruntled staff. The Dublin-based carrier cut its annual net profits forecast by 12 per cent owing to recent walkouts by pilots and cabin crew that has forced it to cancel hundreds of flights over the summer peak season. Ryanair lowered its estimate for annual profits after tax to 1.10-1.20 billion euros (USD1.27-USD1.39 billion) from a range of 1.25-1.35 billion euros for its financial year ending next March. The airline posted net profit of 1.45 billion euros in 2017-18. "Ryanair cannot rule out further disruptions... which may require full-year guidance to be lowered further," the airline said in a statement. It added that from November 5, it would leave eight aircraft on the tarmac, equivalent to a 1.0-per cent reduction in its winter capacity. All four aircraft will be taken out of its Eindhoven ..
Andhra's jobless youth to get monthly allowance from tomorrow
Andhra Pradesh Chief Minister N Chandrababu Naidu will Tuesday give away monthly unemployment allowance of Rs 1,000 to the eligible jobless youth in the state, marking the official launch of the 'Mukhyamantri Yuva Nestham' scheme. More than 2 lakh unemployed youth have been registered on the web portal of the scheme, the objective of which is to provide financial security to educated and unemployed individuals until they find an appropriate job. This was one of the promises made by Telugu Desam Party (PDP) in its election manifesto in 2014. "The chief minister will distribute the unemployment allowance certificates to the beneficiaries tomorrow. He will also interact with the beneficiaries," a senior state government official said. Around 400 beneficiaries will attend the event from 13 districts. The top officials from private companies like Kia Motors, Foxconn and Amara Raja will also be present. Simultaneously, local ministers and MLAs will distribute the unemployment allowance ...
Govt working on scheme to provide skill-training to youth: CM
Maharashtra Chief Minister Devendra Fadnavis claimed Saturday that his government is working on a proposal to provide skill-training to the youth as per the industry's demand. He was speaking at 'Balasaheb Thackeray employment fair' organised by the industries department of the state government at Ozar near here. "Maharashtra is attracting huge investment and ranks first in the country. Investment brings more employment opportunities. EPFO (Employees' Provident Fund Organisation) data tells us that over eight lakh jobs were generated in Maharashtra in just seven months (in 2017-18)," he said. "Skill-training is more important, alongwith regular education. We need to provide training to the youth which the industry needs and the government is working on this," he said. As many as 66 companies had put up stalls in the job fair which was attended by youths from Nashik, Dhule and Nandurbar districts after registering for the event online, an official release said. The chief