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In slowing India, demand grows for labour reform

Call for national minimum wage
The 44th Indian Labour Conference (ILC) on Wednesday suggested a national minimum wage and a higher monthly wage ceiling for the Employee Provident Fund (EPF) Act, from Rs 6,500 to Rs 15,000. The increase is expected to bring more people under the EPF Act. In Focus; Flurry of new models expected in MarchThe two-day conference - a tripartite forum for government, industry and workers' unions - focused

After two-month delay, Jet to pay salaries today

Jet Airways says it hopes to clear payment of salary to all employees by Wednesday, after having delayed it for the second month in a row to pilots, managers and senior executives. The airline said,

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Bankers' pay cheques now under RBI scrutiny

If you are a private or foreign banker, Big Brother will keep a watch on your salary structure. The Reserve Bank of India (RBI) on Friday came out with a set of stringent guidelines to govern

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Singapore leaders face massive pay cut
Facing public anger over soaring housing costs and growing income inequality, Singapore's prime minister has agreed to accept a hefty 36 percent pay cut — and still earn $1.7 million a year.

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Facebook offers Rs 70 lakh package to IIT student

Kanpur: Social networking giant Facebook has offered about Rs 70 lakh per annum package to an IIT student here in the ongoing campus placements. "M Tech (computer science and engineering) student

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APNewsBreak: MLB avg salary up 2.7 pct to $3.1M
The average major league salary increased 2.7 percent this year to nearly $3.1 million, the largest rise since 2008.

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