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What Is the New ELI Scheme?

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The ELI Scheme is designed to: Encourage companies to hire freshers. Support youth who are joining the workforce for the first time Promote job opportunities, especially in the manufacturing sector Offer financial incentives to both employees and employers Part A: For First-Time Job Seekers If you're starting your first job and your employer registers you with EPFO (Employees’ Provident Fund Organisation), you can get up to ₹15,000 directly from the government — no strings attached! How it works: You must be earning up to ₹1 lakh/month. You’ll get the benefit in two parts: ₹7,500 after completing 6 months in the job Another ₹7,500 after 12 months. A portion of the money will be kept in a savings account for your future Part B: For Employers Who Hire More People Companies…
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Are You Eligible for EPS (Pension) Under EPF? Here’s What You Need to Know

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If you’ve recently joined a job and are wondering whether you're eligible for pension benefits under the Employees’ Pension Scheme (EPS), this quick guide will help you understand how the rules work — especially after the 2014 changes. The Key Rule: If you had become a Member of EPF after August 1, 2014, and your monthly salary (basic + DA) at the time of joining was more than ₹15,000, and if your PF Contribution is contributed on the actual Basic + DA, you are not eligible to join the Employees' Pension Scheme (EPS), incase If, Basic + DA is only up to 15,000. You are eligible for the pension scheme. Who Is Still Eligible? If you joined before August 1st, 2014, you're already covered, regardless of yoursalary, provided that you…
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How a Leading Restaurant Chain Saved ₹25 Lakhs/Year with Smart Salary Structuring.

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Client Overview A renowned Food & Beverage chain with 3000+ staff, operating multiple outlets and central kitchens. The client is known for its consistent quality, rapid expansion, and strong brand recall in the F&B sector. The Challenge With over 3000 employees, the client was incurring significant costs towards their salaries & perks,Goal: Optimise salary structure to reduce costs while ensuring 100% compliance and no reduction in employee take-home pay. Our Intervention Our team conducted a payroll audit and designed a compliant salary restructuring model: 📊 Analysed existing payroll structure across roles ✍️ Reworked salary components to align with Compliance thresholds 💬 Enabled smooth rollout with clear internal communication and documentation ✅ Ensured zero disruption to payroll operations and full statutory compliance. Impact 💰 ₹25 Lakhs saved annually in Working Costs.🧍‍♂️…
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The Impact of Safety Compliance on Indian Government Relations and Financial Performance

The Impact of Safety Compliance on Indian Government Relations and Financial Performance

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Introduction: In our previous blog, we delved into the importance of creating a safe workplace by ensuring compliance with Indian factory safety laws. Beyond the ethical and moral obligation to protect employees, adhering to these safety measures also has significant implications for a company's relationship with the Indian government and its financial performance. In this follow-up blog, we will explore how safety compliance can influence a company's standing in the eyes of the various regulatory authorities and its financial stability. Positive Government Relations: Compliance with Indian factory safety laws demonstrates a company's commitment to upholding legal and regulatory requirements. This commitment can enhance the company's reputation and build positive relations with the Indian government. By consistently meeting safety standards, a company signals its responsibility as a corporate citizen, which can…
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Creating a Safe Workplace: Ensuring Compliance with Indian Factory Safety Laws.

Creating a Safe Workplace: Ensuring Compliance with Indian Factory Safety Laws.

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Introduction: Safety should be the foremost priority in any workplace, and Indian factories are no exception. With the aim of protecting workers and preventing accidents, India has implemented stringent factory safety laws and regulations. In this blog post, we will provide a detailed analysis of the key aspects of Indian factory safety laws and explore practical examples to ensure compliance and foster a safe working environment for all employees. Understanding Indian Factory Safety Laws: Indian factory safety laws are primarily governed by the Factories Act, 1948, and the rules and guidelines derived from it. These regulations cover a wide range of safety measures, including building and structural requirements, machinery safety, occupational health, hazardous substances handling, and emergency preparedness. Building and Structural Safety: Compliance with building and structural safety standards is…
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Employee Onboarding and Retention in the Indian service and Manufacturing Industry.

Employee Onboarding and Retention in the Indian service and Manufacturing Industry.

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Introduction: Welcome to the fast-paced world of the Indian automobile and manufacturing industry In this dynamic field, finding and keeping exceptional talent is a key ingredient for success. How can you ensure that your employees feel welcomed, supported, and motivated? In this blog post, we'll dive into the best practices for employee onboarding and retention, customised specifically for the Indian automobile and manufacturing sector. Building a Solid Onboarding Program: Picture this: a new employee walks through your doors, excited and ready to contribute. Make their transition smoother by implementing a well-structured onboarding program. This program should give them insights into your company's culture, values, policies, and procedures. Help them understand their roles and responsibilities from day one. Assign a friendly mentor or buddy who can guide them through the initial…
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Employee Compensation and Benefits – An Understanding

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What is Compensation and Benefits? Compensation and benefits is a branch of human resources that deals with the payments to employees and the provision of benefits. It includes the process of determining how much an employee should be paid and deciding what benefits should be offered and inclusions vis a vis the exclusions as well. Compensation and benefits are crucial functions of human resource management. A rewarding compensation and benefits plan attracts high-performing candidates and helps foster staff motivation, retention and a positive workplace experience. Compensation covers people's direct pay, their salary, while benefits cover employees' indirect pay, such as health insurance and stock options and  also social benefits that include the likes of parental leave, etc. Compensation is the financial value that a team member receives in exchange for…
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Emerging trends for HR in 2023

Emerging trends for HR in 2023

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HR departments and human resource professionals and teams will haveto understand better how technology is changing to embrace thechanging industry standards. The future of HR will be driven byautomation and innovation, with little human involvement needed forroutine tasks. Projected human resources trends for the near future and beyondinclude a more significant shift towards the People Operation process, orProcess optimisation programs (POPS). Other trends include increasedautomation and meaningful employee experiences. Hiring for powerskills, organisational flexibility, and change management will becomemore critical than ever seen before. The common threats in recent days to HR professionals includeincreasingly stricter employment laws and litigious employees. Further,HR departments may need to overcome stereotypical negative views ofthe HR function, thereby making this activity of handling the new normsand mindset of employees on top priority in the following…
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Environment resposibility – a must for businesses

Environment resposibility – a must for businesses

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Under the Environmental Responsibility of the Corporates, it is expected to operate in amanner that protects the environment. Going beyond business activities and taking careofthe environment can bring business benefits. Now corporate companies have realised thatbusiness activity in an environmentally responsible way is not only a legal duty but also aresponsibility. Over the past few years, even shareholders increasingly require corporateorganisations to become more environmentally aware and responsible. CSR activities ofcorporate organisations affect their bottom line and the long-term success of their business.The environmental aspect of Corporate Social Responsibility has been debated over thepast few decades and it’s a matter of every business house. Governments too on their parthave maintained the principle of environmental responsibility for ensuring environmentalconservation and management as well. A concept of “earth jurisprudence” was introduced, which…
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