The Central government has amended the Employees Pension Scheme (EPS), 1995 giving withdrawal benefits for employees with less than six months of service. According to a government statement on Friday, the amendment is believed to benefit more than 7 lakh EPS members who leave the scheme with less than six months of contributory service. The … Read more
In a landmark ruling, the Karnataka High Court has pronounced specific regulations for international workers within India’s provident fund law as unconstitutional and arbitrary. To comprehend this decision, it’s essential to review the legislative context: The provident fund legislation defines an international worker as an employee who holds a foreign passport and is employed in … Read more
As the world is beginning to depend a little more on Artificial Intelligence (AI) each day, a viral video on Reddit has shown a new and unique way the technology is being applied. In the viral video, AI is seen surveilling the workers to check their productivity during work hours. The countdown for the employee … Read more
IN A RECENT survey of North American chief executives and chief financial officers, nearly 80% listed corporate culture as one of the five most important factors driving their company’s financial performance. A growing body of empirical evidence supports their belief that culture matters—and can boost profitability. Yet, in the same survey, an even higher number … Read more