2016

KERALA CONSUMER PRICE INDEX NUMBERS REVISED UNDER MINIMUM WAGES

Revised CPI numbers for Agricultural and Industrial Workers in Kerala for the month of November.

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EPF REMOVAL OF GRACE PERIOD

Removal of Grace period of 5 days. Payments of contribution by employers by 15th of following month

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ANDHRA PRADESH MINIMUM WAGES

Andhra Pradesh Minimum wages 

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KARNATAKA MINIMUM WAGES

Karnataka Minimum Wages

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Kerala - Consumer Price Index numbers revised under Minimum Wages, Act 1948

Kerala - Minimum Wages

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Pondichery - Minimum rate of wages revised under Minimum Wages Act,1948

Pondichery - Minimum Wages

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ESIC has been extended to all 2 districts in the State of Telengana

ESIC has been extended to all 2 districts in the State of Telengana - (No. S-38013/26/2016-SS.I ) Effective from 1st September, 2016

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KERALA CPI INDEX

Kerala CPI index is changed

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PUNJAB MINIMUM WAGE

Punjab Minimum Wage

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PROFESSIONAL EDUCATION VERSUS VOCATIONAL SKILLING: WHAT PAYS BETTER?

The 2012 edition of the TeamLease Jobs and Salaries Primer – an annual report we bring out – sprung a surprise. The analysis showed up a sharp rise in salaries of a bunch of blue collar job profiles. Further exploration proved that the phenomenon was not restricted just a handful of job profiles.

Many Blue Collar profiles commanded salaries that were appreciably higher than those for White Collar profiles, if not similar. The differential was observed for many job profiles and ranged in magnitude from nil to significant.

In this research report, we explore salary data related to vocationally skilled blue collar job profiles and those related to professionally qualified MBAs and Engineers. The comparison is aimed at identifying specific sectors and job profiles where salaries have either achieved equity or where salaries for vocationally skilled profiles have even overtaken either those for Engineers and / or those for MBAs.

The Inflection Point

The report objectives are to understand –

  • How salaries compare between vocationally skilled profiles, Engineers and MBAs
  • Carry out the comparion by sector and record observations of where the salary inflections lie
  • Draw broad and sector specific conclusions about salary trends
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ESIC has been extended to all 4 districts in the state of Karnataka

ESIC has been extended to all 4 districts in the state of Karnataka - (No. S-38013/35/2016-SS.I ) Effective from 1st September, 2016

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PF - INTEREST FOR INOPERATIVE ACCOUNTS

PF - Interest for Inoperative accounts

The government is all set to issue a notification authorizing retirement fund body EPFO to pay 8.8 percent interest to "inoperative" accounts, Union Labour Minister Bandaru Dattatreya said.

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PF - DIGITALIZATION OF REGISTERS

PF - Digitalization of Registers

Ministry of Labour & Employment (Mole) has taken a number of initiatives to bring transparency and accountability in enforcement of Labour Laws and also in reducing complexity in compliance due to multiplicity of Labour Laws and enforcement agencies. A Unified Shram Suvidha Portal has been launched by the Ministry of Labour & Employment since 16.10.2014, to facilitate transparent risk-based inspections, their timely reporting and submission of returns etc.

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ESIC - ASSAM AND UTTARAKHAND

ESIC – Assam and Uttarakhand

Implementation of ESIC Scheme in Biswanath & Chirang (Assam State), Tihri Garhwal & Pauri Garhwal (Uttarakhand)

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ESIC - ANDHRA PRADESH

ESIC – Andhra Pradesh

Implementation of ESIC Scheme in Chittor, Ananthapuram, Kadapa & Kurnool(Andhra Pradesh)

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Signaling Value of Skill Education and Hands on-job Report

TeamLease has persistently focused on catalyzing the hands-on (skilled) jobs market. Our Thought Leadership initiative has consistently aimed at structuring this rather unorganized domain and shaping the policy and perception issues associated with the hands-on jobs industry over the past several decades.

This Thought leadership series will delve into comprehending the ‘Signaling Value’ of skills education, mapping candidate aspirations and occupational options and modeling their decisions related to choice of jobs, career advancements and migrations. The current edition deals with the perceptions candidates and their influence networks hold about skills education and hands-on jobs.

According to the report, only 2% of the workforce has opted for formal skill training making it one of the least preferred streams of education. The report attributes the low penetration of vocational learning to the lack of appreciation for hands-on training, limited upward mobility, weak labour market linkages and strong perception of labour as inferior which commands mere subsistent wages.

Further as per the report, apart from social standing, the current vocational education system has not been able to impress the employers either. Employers viewed vocational educated candidates to be marginally better than the untrained. In fact, most corporates were skeptical about the quality of training and hence provided the recruits with in-house training. They were also wary of trained candidates attiring within a short period.

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LABOUR WELFARE FUND - GUAJARAT

LWF rate for Gujarat is increased.

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TELANGANA S&E FEE AMENDMENT

Fees under Telangana Shops and Establishments Rules, 1990 revised

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BONUS NOTIFICATION 02.01.2016

Payment of Bonus Amendment Act, 2015

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KERALA MINIMUM WAGES

Revised CPI numbers for Agricultural and Industrial Workers in Kerala for the month of November.

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