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EMPLOYEE BENEFITS
Microsoft buyouts: Which 60,000 employees in the US, UK and Canada qualify, benefits, severence package and more. Read the full memoMicrosoft buyouts: Microsoft is offering voluntary buyouts to eligible employees in the US, UK, Canada and India. Employees have until earl...
Labour ministry resolves industrial dispute in Bihar; over 10,000 employees to benefitThe Labour Ministry on Tuesday said it has resolved two industrial disputes between Bihar Gramin Bank management and employees’ organisatio...
UP cabinet approves cashless medical cover of up to Rs 5 lakh for 1.70 lakh non-teaching staffThe Uttar Pradesh Cabinet on Tuesday approved cashless medical treatment of up to Rs 5 lakh for 1,70,366 non-teaching employees associated ...
'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for adviceA Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
EPS-95 pension row: Retirees challenge 2007 EPF amendment over lower pension; Karnataka HC rules against themThe Karnataka High Court ruled against retired employees challenging amendments to the Employees' Pension Scheme, 1995. The court found the...
ET HR Excellence Awards 2027: Exploring 40+ categories across Organisation and Team Excellence, and Leadership HonoursThe ET HR Excellence Awards 2027 honor groundbreaking efforts from organizations, HR professionals, and leaders aimed at improving workplac...
NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...
"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...
EPS-95: Private sector employees win higher pension case in Bombay High Court despite PF Trust wage ceiling limit cap; know whyEPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped ...
Retired employee gets income tax notice over Rs 9.29 lakh leave encashment; ITAT Jaipur cancels it and gives him full tax exemption, here's whyMr. Gupta, a former employee of the State Bank of India, found himself facing an income tax notice concerning Rs 9.29 lakh in leave encashm...
Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...
Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
Can you really pay to increase your Social Security benefits? What the 2027 COLA scam looks like and how to spot it before it costs youSocial Security COLA scam warning: Got a call offering a bigger Social Security cheque in 2027? Here is why you should hang up before you p...
Amazon to recruit over 300,000 workers for holiday season in first hiring jump in three yearsIn a significant move, Amazon plans to hire over 300,000 employees in the US for the upcoming holiday season, marking its first recruitment...
These state govt employees can apply for Old Pension Scheme over NPS if they satisfy the conditions in this 2026 govt orderApproximately 275 teachers in Jammu and Kashmir have faced issues with their pension scheme status. They were regularised after January 1, ...
Salary up to Rs 25,000: EPFO reveals how you can enrol for EPF, EPS and ELDI schemesThe government recently raised the wage ceiling for the Employees' Provident Fund to Rs 25,000, allowing a broader range of workers to acce...
UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...