Do Indian employers resent giving you annual leave?
Close to half of the respondents (employees) in India reported excessive pressure at work. Around one-third of them pinned the blame on “overwhelming” productivity demands from employers.
Allowing employees to go on leave affects productivity, is a silent notion that most promoters led companies to believe in. This preoccupation with productivity often manifests itself in other ways as well.
The rise of flexible employment in India
The Indian organized flexi-staffing industry is set to get much bigger, with the transition to the goods and services tax (GST) expected to have a positive influence.
Indian flexi staffing penetration levels are far lower at ~0.5% than some developed countries and the global average (~1.6%)
Centre yet to fix minimum monthly national wage
The bill was introduced in the Lok Sabha earlier last month. “Recently, some news reports have been published regarding the fixation of the minimum wage as Rs18,000 per month by the central government. It is clarified that the central government has not fixed or mentioned any amount as national minimum wage in the Code on Wages Bill, 2017.
Formalising’ the Economy: What’s in It for Workers?
The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense of the informal.
Demonetisation failed to achieve its stated goals, at the heaviest cost to the poorest; the jury is still out on GST (which, it should be remembered, enjoys cross-party support). Enterprises in the informal sector are clearly struggling to comply with a system that requires computer literate accountants, a luxury most small firms and artisans are unable to afford. The lack of physical infrastructure – such as dedicated offices to accept returns and offer advice on compliance – is entirely characteristic of the Indian state’s propensity to cut costs at the expense of those who need the most help. Meanwhile, delays in refunds add to the working capital difficulties of small firms.
5 Laws Every Working Woman Should Know About
Over the years, several enactments have been passed for the welfare of the working people and protection of Indian employee rights. Some of these enactments carve out special provisions for the women workforce. In recent times we have seen an increase in the number of women professionals in organizations, both public and private, due to the immense opportunities available and with the booming of specific industries like IT and start-ups.