Page 5 - Wages

MGNREGS ensured work for a year, now states are running out funds for it

States are running out of money to pay wages to workers even as demand for the rural employment guarantee programme has risen because of the Covid-19 pandemic

Labour Min hikes minimum wages for central sphere workers from Oct 1

The average CPI-IW for the months of January to June, 2021 was used for undertaking the latest VDA revision

Hollywood workers reach deal on fresh contract, avert strike

An 11th-hour deal was reached on Saturday, averting a strike of film and television crews that would have seen some 60,000 behind-the-scenes workers walk off their jobs

81% received full wages in first wave of Covid-19 pandemic: Survey

70% of firms didn't cut jobs; in fact, health sector increased employment

CIL might hike coal prices by 10-11% to tide over cost push, wage revision

Mining major Coal India Ltd might raise prices of the dry fuel by at least 10-11 per cent to mitigate the impact of increased costs and an impending wage revision

'Lot depends on them': Junior doctors demand better pay as they fight Covid

Young doctors and medical staff have had to protest during pandemic for even basic rights: salaries, protection from assaults by patients' families, better staffing, poor quality hospital equipments

Almost 92% casual workers didn't get wages during lockdown: SWAN survey

The survey, which was conducted among 1,396 worker groups, adding up to 8,023 people that included 4,836 women and children, showed that 76 per cent of the workers had less than Rs 200 left with them

Labour ministry constitutes an expert group to fix minimum wages

The government has constituted an expert group led by Prof Ajit Mishra, that will give recommendations on fixation of minimum wages and national floor minimum wage. "The Ministry of Labour & Employment issued an order and has constituted the Expert Group to provide technical inputs and recommendations on fixation of Minimum Wages and National Floor Minimum Wages," a labour ministry statement said. Minimum wage is different for different categories of workers. National floor refers to the minimum level of wage that is applicable to all categories of workers across the country. The group has been constituted for a period of three years from the date of notification. To arrive at the wage rates, the group will look into the international best practices on the wages and evolve a scientific criteria and methodology for fixation of wages. The expert group is chaired by Prof Ajit Mishra, Director, Institute of Economic Growth. The members of the expert group include Prof Tarika ...

Rejig wage structure to benefit from EPF rule change, say analysts

If employer contribution is low, get salary restructured to enjoy higher tax-free interest

Share of wages in industry GVA is highest since 1992-93, shows data

Imputed cost of finance to industry rose, share of profits in GVA fell in 2018-19

Wage revision clause in settlement proposal worries BPCL employees

Staffers fear the new owner of to-be-privatised firm will move to lower wages

Air India pilot unions warn of 'industrial action' over salary cuts

Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts

Industry bodies to press for holding back new wage definition

Representatives of industry bodies, including from CII and FICCI, will hold a meeting with the labour ministry top brass on Thursday

Khatabook rolls out app for micro-entrepreneurs to manage staff, payments

Khatabook is looking at leveraging its user-base to push the new app as it targets 1 million users over the next two months.

Amazon offers 'special recognition bonus' to employees in India

The announcement comes amid a global campaign #MakeAmazonPay, which alleges that the e-commerce giant made big profits, but at a huge cost to workers and the planet.

Amazon's $3,000 signing bonuses irk workers who got $10 coupons

Amazon has been a primary beneficiary of the pandemic since so many businesses closed during lockdowns and many Americans prefer shopping online

Indian IT cos to pay 40% higher wages due to new visa rules: US think tank

Major players likely to ramp up local hires in US and go for offshoring to dodge visa and other cost issues

Rescuing the economy

Ensure price support for agriculture, subsidise wage costs of MSMEs and accelerate public construction activities

World coronavirus dispatch: Fresh outbreak in Beijing gathering momentum

Hundreds of flights in and out of Beijing were cancelled on Wednesday as authorities stepped up measures to rein in a sudden outbreak of coronavirus in the Chinese capital

SC verdict today on MHA's order to pay full wages to staff amid lockdown

Earlier, the Supreme Court observed that some negotiations have to happen between employers and workers to iron out what has to be done for the salary for these 54 days