The central government has decided to make life easier for Senior Citizens to submit their Annual Life Certificate for the continued pensions. Now pensioners under the EPFO can submit their life certificates online anytime during the year. The retirement fund body said the reforms initiated in submission of life certificate or Jeevan Pramaan Patra benefits around 64 lakh pensioners.
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One process which
is universally applicable but unanimously disliked is perhaps the performance
management process. Everyone might vote for an objective, unbiased and
pro-employee process instead of a subjective, bureaucratic, time consuming and
templated process. However, not many companies have been able to crack the
code.
Perhaps it is required that we look at the issue with a different lens and shift the discussion from...
Companies are expected to increase average pay by 9.1% in 2020 vs 9.3 % in 2019
Slowdown in the economy is reflected in subdued salary increase projections in the country. The average pay increase in 2020 is projected to grow at 9.1 percent, which is the highest in the Asia Pacific region but is at its lowest level...
Joining the Amazon India is certainly not easy, candidates go through up to 12 rounds of screening. However, the silver lining is that, once in, the candidate can stay on for as long as he/she likes, or so it seems, because unlike most organizations, which retire their employees at 58 or 60 years of age, Amazon India has set...
EPFO will launch an e-inspection system across the country for monitoring voluntary compliance of the EPF scheme by employers.
The EPFO is a firm believer in voluntary compliance and wants to understand the industry issues in case of default and non-compliance of the scheme, Central Provident Fund Commissioner Sunil Barthwal said.
"The EPFO will start an e-inspection system to monitor voluntary compliance by the employers,"...
The Labour and Employment Ministry said procedures and policies are being streamlined to ensure speedy redressal of grievances related to EPFO, ESIC and other entities under it. In 2019, there were a total of 9,02,203 complaints on the EPFi Grievance Management System (EPFiGMS) and out of them, 8,38,579 complaints were disposed of, as per official data provided to the...
Performance reviews have always been a crucial way to assess employee's performance and productivity. It is a key component to measure employee’s performance in an organization. It also helps employees to work in the right direction to achieve goals and therefore facilitates better working relationships. Annual performance review gives you a chance to build a healthy relationship with your...
The Former Head- Human Resources of Carl ZEISS India, Sudipto Mandal joins Star Cement Ltd, a listed company and part of a billion-dollar conglomerate - Century Plyboard (I) Limited as Vice President and CHRO - HR & Admin.
In his new role, Sudipto is a member of the Leadership Team and reporting to the CEO. He will head the...
French company Alstom has announced on Monday, 17th Feb, that it has signed a Memorandum of Understanding with Bombardier Inc. and agreed to buy the rail division of Bombardier.
“I’m very proud to announce the acquisition of Bombardier Transportation, which is a unique opportunity to strengthen our global position on the booming mobility market. This acquisition will improve our...
In years of having led performance management systems,
training the managers to conduct effective appraisals have been a constant
factor in skill-building or the annual leadership programs. There are number
of articles written about what are the best ways of conducting appraisals, most
managers know these practices cognitively as well. In this article sharing my
experiences to enable managers for quality appraisals.
Let me start...