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US President Joe Biden's ambassadorial nominee to India Eric Garcetti has assured the influential Indian-American community that he will work towards improving bilateral trade and underlined the importance of human rights and pluralism. ....
WASHINGTON, Feb 28: US President Joe Biden’s ambassadorial nominee to India Eric Garcetti has assured the influential Indian-American community that he will work towards improving bilateral trade and underlined the importance of human rights and pluralism. During a closed-door dinner meeting with prominent members of the Indian-American community, Garcetti, who is currently the Mayor of Los Angeles, said that President Biden has told him that the US-India relationship is the most important global relationship in his mind. During the interaction, hosted […] ....
Will new wage code hit your take-home pay? SECTIONS Share Synopsis Big-ticket components under analysis include a retrospective increase in liabilities for benefit plans, such as gratuity and leave encashment, particularly for organisations where the employee base is long-tenured. Getty Images Come April, you could see a restructuring of your salary package with a retrospective increase in gratuity and leave encashment provision impacting your take-home, and raising compensation costs for companies as the new wage code comes into effect. Companies, reeling under the Covid impact, are reviewing potential changes in the salary structure by running various models to comply with the wage code and determine compensation costs. Big-ticket components under analysis include a retrospective increase in liabilities for benefit plans, such as gratuity and leave encashment, particularly for organisations where the employee base is long-tenured. ....
WFH’s formalisation to help women in small cities find jobs SECTIONS Share Synopsis With the labour ministry’s draft model standing orders for the service sector proposing to empower companies to allow employees to work from home permanently, many IT firms are expected to hire more women, particularly in tier-2 and 3 cities where more women than men had lost their jobs during the pandemic. iStock CavinKare has reserved some positions especially for women in non-tier 1 cities. New Delhi: The government move to formalise remote working for the service sector is likely to help create more job opportunities for women, especially in smaller cities and towns, in the coming months, experts said. ....
Those who continue WFH but have not left their existing location may see a change in allowance components without any reduction in overall salaries. ....