HR Indya

Friday (05-08-2011) saw most of the employees of nationalised and old generation private banks going on a day-long strike to protest against the banking sector reforms. All banks, except new generation private owned banks, remained closed throughout the day.

Download all Bonus Act Forms here at the following link – http://www.hrindya.com/forms-formats/bonus-act-forms/

Amidst protest in the parliament for not having paid salaries to the employees for the months of June & July 2011, the PM, Mr. Manmohan Singh stated that, whatever be the out come of the recommendations for restructuring, the Govt would find means and ways of paying salaries to AI Staff soon.

The Air India staff have not been paid their salaries for the last 2 months and the salary for the month of July is also not assured of. Air India is bleeding at a loss of Rs. 20 crores per day. Borrowing and selling are the only means the employees are left with to sustain.

The Blackberry manufacturer cut down its workforce by 2000 workers and that accounts to almost 11% of the total workforce.

Please find the relevant notification attached to this link – Notifications_ESI_Reg_Amendment_1 May 2011

ONGC recruited the highest 1,426 personnel, followed by IOC with 989 recruitments. BPCL hired 362 persons, Engineers India Ltd 291, HPCL 275, Oil India Ltd 237 and GAIL India Ltd recruited 218 personnel. Balmer Lawrie hired 42, Beicco Lawrie 15 and Numaligarh Refinery Ltd 17. Of the 3,872 personnel hired, 1,494 were management cadre and rest 2,378 non-management cadre.

As per a study conducted by Great Place to Work Institute – Google India, Intel Technology, Makemytrip, American Express India, Marriott Hotels are top five among the top 50 best companies to work for in India.

SBI, ICICI Securities Primary Dealership (I-Sec PD), Reliance Capital and HSBC Asset Management Company have been appointed fund managers for the Employee’s Provident Fund Organisation’s more than 3-lakh- crore corpus for the next three years.SBI will manage 35% of the funds, I-Sec PD will manage 25% while the other two will manage 20% each.

If you wanted to know everything about leaves, its rules, applicability in Factories or in establishments governed by the Shops and Establishments Act of each State, here it is. A compilation of Leave Rules for ready reference and implementation – http://www.hrindya.com/hr-managers-toolkit/leave-rules/