All Central and State Government employees are eligible to receive Pension on retirement at the age of 58. The benefit was not available to employees in the private sector. However, the Government of India, with the view to support the employees in the private sector legislated the Employees Provident Act in the year 1952. Controlled…
The success of any organization wholly rests with the Human Resources Management team. Where the focus is to achieve the objectives of the organization, clear procedures have to be followed and this entails adopting and implementing rules and procedures that promote employee engagement and well-being. The HR team recruits and helps keep talent so that…
Introduction In today’s rapidly evolving corporate landscape, organizations are realizing the significance of investing in employee training and development. It not only enhances individual skills but also improves overall organizational performance. With the advent of technology, various training methods and techniques have emerged to cater to diverse learning needs. This article explores the top 10…
Introduction The Employees Provident Fund Organization (EPFO) is one of the two main Social Security schemes under the Government of India, the other being Employees State Insurance (ESI). The EPFO comes under the aegis of the Ministry of Labour and Employment and is responsible for the regulation and management of Provident Funds in the country….
Introduction The Labour Welfare Fund is an initiative by the Government of India to extend a measure of social assistance to employees in the unorganized sector. It is a kind of financial assistance for workers to improve their working conditions and standard of living. Out of the 36 states and Union Territories, only 16 States/UTs…
Introduction The Shops and Establishment Act was established to protect the rights of employees in commercial establishments like business houses, offices, stores, warehouses, hotels, amusement parks, theatres, etc., nationwide. The provisions of the Act form one of the most important regulations required to be complied with by businesses. Every state has framed its own separate…
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