'We know from survey data that people are feeling very burnt out,' Alexia Cambon, senior research director at Microsoft. 'The multiplication, the intensity and the length of the workday is really creating a lot of friction for a lot of employees.'
The Karnataka government has proposed changes to the Shops and Commercial Establishments Act, increasing the work hours from 9 to 10, with a maximum of 12 hours a day, including overtime
Cognizant has also informed that it will give merit pay increases (salary hikes) effective August 1, 2025, one year after the previous increase
A delegation of Technicolor employees and KITU met the State Labour Commissioner in Bengaluru on March 4. The Labour Department issued a notice to the firm and called for a conciliation meeting on March 11.
Infosys has asked employees to work from home on December 31 and instructed security not to allow anyone onto the campus.
The 70 staffers are part of a wider group of 5,000 employees who earned a staggering Rs 9,000 crore in total, thanks to healthy ESOP payouts, as reported by Moneycontrol earlier
The Karnataka High Court has ruled that a relationship of "employer and employee" exists between Ola and its "driver-partners".
Supporters say the law gives workers the confidence to stand up against the steady invasion of their personal lives by work emails, texts and calls, a trend that has accelerated since the Covid-19 pandemic scrambled the division between home and work
Karnataka IT-BT secretary Ekroop Caur was speaking at Moneycontrol’s Startup Conclave in Bengaluru last week, discussing the state's strategy to maintain its tech and startup hub status.
The average pay per government employee is, however, expected to drop, ending eight years of annual increases
The Economic Survey 2023-24 said exports of business, consultancy, and IT-enabled services can expand by leveraging the initiatives taken by the Central government
Karnataka State IT/ITeS Employees Union (KITU) alleges that the proposal to amend the Karnataka Shops and Commercial Establishments Act will facilitate tech employees working more than 12 hours a day and not exceeding 125 hours in three continuous months.
A larger proportion of their revenue goes into servicing pensions
The labour department has received complaints from nearly 200 employees amounting to around Rs 4.5 crore in dues.
In an order, the Department of Personnel and Training (DoPT) asked ministries concerned to direct the public sector undertakings (PSUs), banks, autonomous institutions and statutory bodies under their administrative control to undertake the exercise of periodic review of employees.
A group of Byju’s employees is planning to take the company to the National Company Law Tribunal, where the edtech firm is already embroiled in legal battles with seven of its stakeholders.
Sources in the know said around 20 employees may have received termination letter from the airlines.
This comes a day after Moneycontrol reported that the cash-strapped edtech company has rolled out a new policy linking sales staff’s salaries to the revenue they generate every week.
Byju Raveendran, the founder and CEO of the company has taken on more personal debt to make payroll for the month of March, a source told Moneycontrol.
For SoftBank-backed Meesho, this is the fourth ESOP buyback programme. It first started buying back shares from employees in February 2020
The Indian Banks' Association and employee unions have agreed on a 17% wage increase and approval for all Saturdays as holidays, benefiting 8 lakh employees.
Under the current arrangement, most of Flipkart's employees work from the office for three days and from home for two days each week.
EPFO sets 8.25% interest rate, a three-year high, on EPF deposits for 2023-24, providing potential growth for retirement savings.
The development follows a communication Byju’s sent to its employees in December, assuring that the salaries will be credited the first day of every month
The airline has placed the biggest order for commercial aircraft even as it consolidates its position as one of the two dominant airlines in the country