Troubled edtech Byju’s has fired nearly 500 staffers amid a severe cash crunch. More details on this in today’s ETtech Top 5 ..read more

Law professionals said employees are likely to get an average salary increase of 10-15%, with high performers set to bag 20-25% increments as firms try to reward and retain top talent that gives them the competitive advantage. Bonuses for top performers could go as high as 120-150% of the initial targeted variable pay, said senior company officials. By contrast, average salary increments across industry sectors in India in 2024 could be 9%, marginally lower than last year’s 9.2%, said a recent survey by management consulting firm Deloitte ..read more

Linking CGHS ID with Ayushman Bharat Health Account ID is must for central government employees: Central Government Health Scheme (CGHS) beneficiaries must now link their CGHS beneficiary IDs with their Ayushman Bharat Health Account (ABHA) IDs. This directive, made mandatory as of April 1, 2024, aims to streamline healthcare delivery and record management for CGHS users. If a central government employee does not have an ABHA ID, he or she needs to create one and link the same with CGHS beneficiary ID. What is an Ayushman Bharat Health Account (ABHA) ID? How to create an ABHA ID? Here's a step ..read more

Apple layoffs come amid a wider restructuring in the tech industry. As per the report, 371 employees were let go from Apple’s main car-related office in Santa Clara, California, while dozens more at multiple satellite offices were impacted. Both the self-driving car and smartwatch products were scrapped by the tech giant earlier this year ..read more

The IT sector poses health challenges due to long work hours, affecting professionals' well-being. Solutions include promoting work-life balance, providing mental health support, and organizing physical fitness activities to ensure employee health and productivity ..read more

Fertility benefits covered include associated in-vitro fertilization (IVF), intrauterine insemination (IUI), genetic testing, associated surgeries, associated cryopreservation (egg/sperm/embryo freezing), fertility consultation, fertility medication, hormonal treatment, among others ..read more

This is the time for annual goal setting that will determine how you will be measured next year, your likelihood of success or failure and your prospects for growth ..read more

National Pension System : The Pension Fund Regulatory and Development Authority (PFRDA) has released an advisory about how NPS investments by government sector employees could be made safer by following certain advisories. These advisories relate to the entire NPS investment process starting from the investment stage to maintenance stage to withdrawal stage ..read more

Companies in Bengaluru are tackling traffic congestion by offering financial incentives for mass transit and carpooling. They are discouraging single-occupancy vehicles by charging for office parking. Firms like NetApp, Mashreq Bank, TCS, and Infosys are leading this effort in tech hubs like RMZ Ecoworld and Embassy Tech Village. Employees are offered transportation benefits, including shuttle services and metro passes, as part of their compensation. Carpooling is encouraged with incentives like preferential parking and monthly stipends. This strategy aims to reduce traffic pressure and promot ..read more

The Employee Stock Option Scheme, being a special resolution, required at least 75 per cent votes in favour. Only 63.8 per cent of the votes polled were in favour of the resolution with 36.19 per cent against, as per the filing ..read more