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HOLIDAY LIST – HYDERABAD TWIN CITIES

Notification of National and Festival Holidays with wages to all employees employed under Shops & Establishments Act, for the year 2017

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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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MAHARASHTRA MINIMUM WAGES - LIQUOR INDUSTRY

Minimum Wage revision (i.e. in BASIC) pertaining to “Liquor industry”

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DADRA NAGAR HAWELI - MINIMUM WAGE NOTIFICATION

Revised rates of Minimum Wages for all Industries/ categories in Dadra Nagar Haweli

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CHANDIGARH - MINIMUM WAGE NOTIFICATION

Chandigarh - Minimum wage notification

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WEST BENGAL MINIMUM WAGES FOR CLINICAL NURSING HOME

Revised rates of Minimum Wages for Clinical Nursing Home in West Bengal 

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Uttarakhand - ESIC

New ESIC implemented locations in Haridwar District of Uttarakhand State 

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EMPLOYEES PROVIDENT FUND (AMENDMENT) 2016

A male employee unemployed for 2 or more months can withdraw 90% of own PF contributions & interest. A female employee not employed for 2 or months due to:
a) her marriage,
b) pregnancy, or
c) birth of her child can withdraw 90% of own PF contributions & interest.

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KERALA CPI FOR AGRICULTURAL LABOURERS AND INDUSTRIAL WORKERS

Kerala Consumer Price Index Numbers for Agricultural Labourers and Industrial Workers

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2018

TEAMLEASE EMPLOYMENT OUTLOOK REPORT- HALF YEARLY EDITION 2017-18

Comprehensive overview about the mechanics of hiring, job growth, salaries and their drivers, for the period October’17 to March’18. The net employment outlook for the coming six months (Oct'17- March’18) will see an incremental increase of 2 percentage point. The positivity in the outlook is attributed to the increase in government spending and the stable hiring growth exhibited by few of the sectors and cities. Around six of the eighteen sectors surveyed have indicated positive hiring sentiments. Though the gains are mostly incremental the overall sentiment is positive. Talent in Financial Services will be the biggest gainer of this upbeat mood. The financial services industry alone is expected to see a 3 point rise in employment outlook. In fact, the RBI’s thrust on increasing banking penetration and its decision to give more licenses to private sector players is expected to boost the sector significantly. Further, GST is expected to improve state finances by the Reserve Bank of India and, thereby, bolster bank finances. The other key sectors that will also experience positive hiring intent are Knowledge Process Outsourcing and Health & Pharmaceuticals. While the sentiment in the Knowledge Process Outsourcing sector is not as high as Financial Services, the sector tops the list with regard to job creation. The sector will experience a 14.16% growth in jobs. With a 7 and 4 percentage point drop the laggards in the coming half year are construction & real estate, Agriculture & Agro Chemical and Travel & hospitality respectively.

 

KEY FINDINGS OF THE STUDY

  • A momentary respite for the job market as the Net Employment Outlook looks up incrementally (+2 points) following the previous HY's downtrend.
  • The minor recovery is thanks to the hiring sentiment for senior roles (+4), Blue Collar (+4) and Engineering profiles (+3), and large businesses (+2) looking to hire in Metro and Tier-1 cities (+2). The gains are mostly incremental and, while the overall sentiment is positive, the outlook remains subdued across most of the sectors and geographies
  • Likewise, Mumbai and Hyderabad's 3 point lead is significantly diminished by Pune (-4), Chennai (-4), Bangalore (-2) and Kolkata (-1).
  • Hiring sentiment continues to be positive among large businesses (+2), while small businesses remain pessimistic (-5).  The medium sized are slowly getting back on their feet (-2).
  • The silver lining is a clutch of clusters that show promise for the HY
    • KPO hiring in Bangalore (+5), Mumbai (+4) and Hyderabad (+4)
    • Ecommerce/Tech Startups hiring in Hyderabad (+6), Chennai (+5), Bangalore (+4), Delhi (+4) and Ahmedabad (+4)
    • Financial Services in Mumbai and Ahmedabad (+4 each)
    • Power & Energy in Ahmedabad (+5) and Mumbai (+4) and
    • Healthcare & Pharmaceuticals in Pune (+4)
  • Three of the seven Functional Areas – Engineering (+3), Blue Collar (+3) and Office Services(+2) – are sought after by employers. Marketing (-4) and Human Resources (-3) are associated with negative sentiment.
  • Manufacturing makes a smart recovery, although hiring sentiment in the sector remains slightly negative (-2, up from -5 during the previous HY). The pall of gloom projected in public discourse seems to be based more on hearsay than on hard facts.
  • Financial Services (+3) and KPO (+2) lead the gains with less than substantial sentiment growth. Construction & Real Estate (-7), Agriculture & Agrochemicals (-4) and Travel & Hospitality (-4) are looking bleak.

 

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2017

gazette oct
October 2017 Gazette
Productivity suite mailer
TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL 2017 TO SEPTEMBER 2017

The net employment outlook for the imminent six months April 2017-September 2017.

The report aims to :
•Measure trends in hiring sentiment across the country, and estimate Job Growth, by city and sector.
•Drill across geographies, business size and hierarchy to provide additional dimensions of the statistic.
•Identify the key drivers of hiring sentiment at a ‘big-picture’ as well as sector-level.
Note: The Employment Outlook and Job Growth statistics need to be read together for each sector for better understanding of the trends.

Employment Outlook dips sharply, by 6 percentage points, for the forthcoming half year, April – September, 2017. Sectors are equally split between positive and negative hiring sentiment as they gradually recover from the after-effects of demonetization
•Sentiment is negative across geographies, but tier-2 cities more so (6 points down) than the rest. Employers are scaling down Entry (8 points down) and Mid level (5 points down) hiring quite drastically, and Senior level hiring is up significantly (5 points up).
•Large businesses are the least affected and are set to hire more during the coming half year (sentiment up 3 points), while the sentiment for small businesses is substantially down (10 points). Medium sized businesses plan to hire less as well (sentiment down 3points).
•IT, Engineering and Blue Collar roles gain prominence as sentiment for these improve by 4, 2 and 2 points respectively. Lesser Sales and Marketing jobs would be created over the next six months as employer sentiment is significantly down (7 and 5 points respectively).
•The Financial Services sector makes the most of the cashless environment with a 5 point increase in hiring sentiment. Healthcare & Pharma and Knowledge Process Outsourcing improve further (3points each) on their consistent track record. Construction & Real Estate and Manufacturing, Engineering and Infrastructure are the worst affected (8 and 5 points down, respectively).

The top three sectors (by city) in terms of employment outlook growth are -
•Mumbai: : Financial Services (5%) | Telecommunication (3%) | Healthcare & Pharma (2%)
•Delhi: Financial Services | Ecommerce & internet startups | KPO (4% each)
•Bangalore: KPO (4%) | Ecommerce & internet startups (3%) | Financial Services (3%)
•Kolkata: Financial Services (3%) | Media & Entertainment (3%) | Educational Services (2%)
•Chennai: Financial Services (3%) | Telecommunication (3%) |Retail (2%)
•Pune: Telecommunication (4%) | Ecommerce & internet startups (4%) | KPO (3%)
•Hyderabad: Media & Entertainment (5%) | Financial Services (4%) |Ecommerce & internet startups (3%)
•Ahmedabad: Agrochemicals | Retail | Travel & Hospitality (2% each)

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Durga Pooja
Durga Pooja
Superannuation Emailer
The New Landscape of Hiring Report
Notification-Contract Labour (Regulation and Abolition) Central Rules, 1971

Notification-Contract Labour (Regulation and Abolition) Central Rules, 1971

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PGA - Upper ceiling on Gratuity Amount

PGA - Upper ceiling on Gratuity Amount PGA - Upper ceiling on Gratuity Amount  20 Lakhs increased

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