The History of Labour Codes & The Code on Wages 2019

The History of Labour Codes & The Code on Wages 2019

It was in 2002 during the tenure of Shri. Atal Behari Vajpayee that it was envisaged to have four to five codes governing all the provisions under Labour Laws. Vajpayee’s Finance Minister, Shri. Yashwant Sinha had proposed that India’s labor laws be modified. Criticism was widespread, including from within his own party. Eventually, Vajpayee backed [...]

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2 Ways to hold on to your Best People

2 Ways to hold on to your Best People

Laszlo Bock, the former SVP of Google’s People Operations and author of the book “Work Rules!,” stated in a panel interview that most companies don’t know how to hold onto their best people. “People don’t stay for the money,” Bock said, noting that more than a third of Google’s first 100 employees are still working [...]

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The Trade Union Song – Industrial Relations rocks !!!

The Trade Union Song – Industrial Relations rocks !!!

Of the thousands of songs downloaded, some heard and some still unheard, my car stereo randomly caught upon a song from its collection. The vocals seemed mellowed and it stuck to a tempo of a folk song with these lyrics -
Now, if you want higher wages let me tell you what to do
You got to [...]

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Trade Unions as Business Partners – The Emerging Trend?

Trade Unions as Business Partners – The Emerging Trend?

Think of how the relationship between management of an organisation and the union of employees undergoes changes. All industrial relations managers would have experienced the ‘Form, Storm, Norm, Perform’ stages of building relations.
The latest organisation to experience this is Bajaj Auto. In a recent seminar Dilip Pawar (in pic), the articulate leader of Bajaj Auto [...]

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Should HR be split?

Should HR be split?

An article by Mr. Ram Charan in the Harvard Business Review and its counter article by Dave Ulrich gave that ‘split’ a thought.
Ram Charan is a business advisor to CEOs and corporate boards, and coauthor of the new book, Boards That Lead, with Dennis Carey and Michael Useem. His views –
I talk with CEOs across [...]

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PF wage limit enhanced to Rs.15,000

PF wage limit enhanced to Rs.15,000

1st September 2014 will see an increased PF contribution due to enhancement of the PF statutory wage limit by 130% from Rs. 6,500 to Rs.15,000. This social security measure will now match the ESI contribution limit.
Click for the Notification: PF Notification
Let’s look at the impact of the amendment in the gazette notification dt. 22-08-2014 –

The company [...]

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Companies shy away from health cover for employees’ parents

Companies shy away from health cover for employees’ parents

According to survey by Marsh Insurance brokers, while 60 per cent of the Corporates were providing employer-sponsored cover for parents of employees in 2009, this number was down to 36 per cent in 2012. On an average, every year around 10% Corporates with mediclaim stop sponsoring parental cover.
Faced with a rising outgo on account of [...]

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The Bell Curve – A recent HR disaster at Yahoo!

The Bell Curve – A recent HR disaster at Yahoo!

Yahoo CEO Marisssa Mayer has again hit on HR controversy with a new policy. Yahoo employees were up in arms about a new policy that forces managers to rank employees on a bell curve, then fire those at the low end.
As the company shrinks, the rigid distribution of the bell-curve forces managers to label a high [...]

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Office Politics: Use it to your advantage

Office Politics: Use it to your advantage

No matter what your company, you’ve probably encountered organizational politics. One of the most frequent complaints is that ‘it is difficult to get things done because of this Office Politics !!!.
But is it really possible to put politics aside? Is there an organization in which everyone’s personal interests are perfectly aligned with functional, business unit, [...]

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HR Service Delivery and Technology Survey – 2013

HR Service Delivery and Technology Survey – 2013

A survey was conducted by Towers Watson which provides interesting insights with implications in the Indian context too.
Watson Towers  - Who or what is?: Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management.

Each year, Towers Watson explores the changing landscape of HR service [...]

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