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WAGE AND COMPENSATION
Elon Musk, world's first trillionaire, on what it would take to reach $1,000,000,000,000,000 and become a quadrillionaire- Company triples workload but gives no salary hike: LinkedIn post on employee's 2-year pay freeze goes viral
- SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'
- Supreme Court recognises homemakers as 'nation builders', sets Rs 30,000 monthly compensation for domestic workThe Supreme Court of India has declared homemakers as nation builders. A monthly compensation of Rs. 30,000 will now be awarded for the los...11 Jun, 2026, 12.07 PM IST
- EV, FinTech jobs set to deliver biggest raisesIndian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors le...09 Jun, 2026, 04.24 PM IST
- 'Manager wants me to work after firing me': Employee locked out of every system without warning, then fired and asked to train his replacement the very next morningA remote worker in Texas, employed by a California company, was fired without warning and then asked to train their replacement. The employ...09 Jun, 2026, 03.11 PM IST
- ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...08 Jun, 2026, 12.48 AM IST
- EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...06 Jun, 2026, 07.11 AM IST
- Musket balls and a burnt hull: First shipwrecks linked to Pirates of the Caribbean discovered in Nassau Harbor, The BahamasNassau, Bahamas, once a pirate haven, has yielded six shipwrecks. Three wrecks are linked to the Golden Age of Piracy. These discoveries ar...05 Jun, 2026, 02.25 PM IST
- Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...04 Jun, 2026, 08.25 PM IST
- Employee has to work on a holiday, but when HR claims she can't get paid overtime, the boss has a clever suggestionAn hourly employee faced a payroll nightmare after working on a paid national holiday, only to have overtime pay vanish. HR blamed a system...04 Jun, 2026, 03.03 PM IST
- EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...30 May, 2026, 02.47 PM IST
- 3 steps private sector employees and managers can take if they disagree with disciplinary committee actionPrivate sector employees and managers facing disciplinary action can protect themselves. Understanding labour laws and principles of natura...30 May, 2026, 08.00 AM IST
- US inflation rises to 3.8% in April, highest level in nearly 3 yearsThe PCE price index, which is the US Federal Reserve's primary measure of inflation, increased 0.4 per cent from the previous month and 3.8...29 May, 2026, 08.04 PM IST
- Labour Code set to bring long-term gains, but transition may test India IncIndia's new labour laws promise easier business operations ahead. However, companies face a complex transition period. Navigating different...28 May, 2026, 01.32 PM IST
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...27 May, 2026, 10.08 AM IST
- Employees terminated for business reasons are entitled to compensation and re-skilling funds under New Labour CodeNew central government rules under the Labour Code offer significant benefits to employees facing job loss due to business reasons. These w...27 May, 2026, 07.11 AM IST
- 8th Pay Commission salary calculator: Railway employee body proposes 5 fitment factors; check pay calculationsThe Indian Railway Technical Supervisors' Association has proposed a significant change for the 8th Pay Commission. Instead of a single fit...26 May, 2026, 04.11 PM IST
- H-1B pool down 39% in FY27 on Trump revisalsH-1B visa registrations have seen a sharp decline this year. Stricter US immigration rules and increased costs are pushing companies to be ...23 May, 2026, 06.00 AM IST
- TCS awards 5-8% pay hikes in FY26Tata Consultancy Services, India's largest IT firm, has announced pay increases for its employees. Eligible staff will receive average hike...19 May, 2026, 06.00 AM IST
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