TPC & TPMCPL_Govt. and Company Updates and Blogs

Press Information Bureau Government of India Ministry of Labour & Employment   ESI Corporation took important decision towards improvement in its service delivery mechanism   The ESI Corporation during its recently held 177th meeting under the Chairmanship of Shri Santosh Kumar Gangwar, Union Minister of State for Labour and Employment (I/C), has taken some important decisions towards improvements in its service delivery mechanism. The decisions include reduction in rate of ESI Contribution, Proposal for increasing the income limit for dependency of the dependent parents of an Insured Person for availing Medical Benefit, ESIC to bear full cost of ESI Scheme in the prescribed ceiling of per IP expenditure, Setting up of 500 bedded ESIC Model Hospital at Sheelanagar, Visakhapatnam, Up-gradation of ESI Dispensary into 30 bedded ESI Hospital, Sub-Committee formed to decide the quantum of enhancements of PDB/DB rates and Starting of DOTT and DMRT Courses. In the...

Government has come out with a new and universal definition of ‘wages’ to bring in parity amongst the four new Labour Codes as against the varied definitions under the extant laws. The new Labour Codes are likely to be effective from April 1, 2021 one of the most pertinent amendment introduced in the four new Labour Codes is the standardization of the definition of ‘wages’. Currently, multiple definitions have been specified in the different statutes for the purpose of calculation of Provident Fund (PF) contribution, gratuity liability, statutory bonus payment, maternity benefit, etc. which has led to practical challenges in the administration of salary structures as well as payments, contributions, and deductions to be made. Further, the interpretation of the terms wages/ basic wages etc. has been an ongoing contentious issue for employers. Hence, an attempt seems to have been made for harmonization and simplification in defining the very foundation of calculation of quantum and...

1: Clarify what you mean by a four-day workweek and what you  hope to achieve:- Different organizations handle this differently. t's important to be clear at the outset what your intention is and to clarify exactly what you hope to achieve An upfront assessment on the benefits potential drawbacks impact to operations and overall cost are critical. But don't try to come up with all of the answers yourself, Flexible Work Revolution Can Increase Productivity, Profitability and Wellbeing, and Create a Sustainable Future while maintaining their pay. The organization's goals, he said, should include input from employees about what they are expecting to get out of a four-day week. Leaders tend to want to step in and come up with all of the solutions, but, in fact, HR and leaders need to "get out of the way." Instead, let employees take the lead in determining how they will work differently to get their jobs done in a four-day week. You have to have the confidence to let ...