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The Unified Shram Suvidha Portal has been envisaged as a single point of contact between employer and enforcement agencies bringing in transparency in their day-to-day interactions. For integration of data among various enforcement agencies, each inspectable unit under any Labour Law has been assigned one Labour Identification Number (LIN).
In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund). Over and above, employer has to bear 0.50% as administrative charges on EPF and 0.50% as EDLI (employer’s Deposit linked Insurance) Charges. So employer has to bear total 13% of basic wage as discussed above. [20]
The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing ...
These are companies totally or significantly owned (directly or indirectly) by their employees. [1] Employee ownership takes different forms and one form may predominate in a particular country. For example, in the U.S. over 5,700 of the roughly 6,400 employee-owned companies have an Employee Stock Ownership Plan (ESOP). [2]
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high ...
From January 2008 to December 2012, if you bought shares in companies when John S. Chen joined the board, and sold them when he left, you would have a 42.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
From January 2008 to December 2012, if you bought shares in companies when Jacqueline K. Barton joined the board, and sold them when she left, you would have a -17.6 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
A study conducted in 2006 by Forrester Research, Inc. showed that 46 percent of large companies used a portal referred to as an employee portal.Employee portals can be described as a specific set of enterprise portals and are used to give an interface for employees to personalized information, resources, applications, and e-commerce options.