Employee Benefits
Latest news, explainers and analysis on Employee Benefits. Tracking 3 stories on Arth Vani.
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Latest on Employee Benefits
Finance Ministry Gives No Commitment on Five-Day Bank Work Week, Report Says
The Union Finance Ministry has reportedly not committed to the long-standing demand from bank unions for a five-day work week. This development comes from a report by The Hindu, indicating continued uncertainty for public sector bank employees.
BreakingCentral Govt Employees Seek ₹21,000 Dussehra Bonus Ceiling Amid Wage Revision
Central government employees are demanding a three-fold increase in their annual Dussehra bonus ceiling, pushing for a hike from ₹7,000 to ₹21,000. This demand, submitted to the Cabinet Secretary by the National Council, stems from the recent revision of the minimum wage to ₹21,000 per month, which they argue alters the bonus calculation formula.
MCD Considers Regularising Contractual Staff, Extending DA & Benefits
The Municipal Corporation of Delhi (MCD) is reviewing a proposal to offer one-time regularisation to its contractual employees. This move could also extend entry-pay, Dearness Allowance (DA), various allowances, and leave benefits to these workers, significantly impacting their financial stability.
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