As Artificial Intelligence (AI) continues to transform workplaces, a new report by Unstop Hiring Kart: Skills & AI 2024 has revealed fascinating insights into the job market. The study highlights the growing recognition of AI-related skills and their impact on …
As businesses brace for the rapidly evolving future of work, the HR landscape is poised for a significant overhaul in 2025. Artificial Intelligence (AI) stands at the forefront of this transformation, reshaping learning and development (L&D) strategies, enhancing compliance training, …
The Employees’ Provident Fund Organization (EPFO) is planning to launch a special card designed to streamline access to Provident Fund (PF) accounts. This initiative, resembling a debit card system, will allow employees to access and withdraw their PF money with …
Employees’ Provident Fund (EPF) is a crucial resource for employees looking to make significant life investments, like purchasing a new home. The Employees’ Provident Fund Organization (EPFO) has streamlined the process of withdrawing EPF funds online for such purposes. According …
The holiday season is a time for celebrations, but it also comes with risks that HR must proactively manage. During a recent presentation, Jonathan Segal, a partner at Duane Morris, highlighted key areas of concern. From managing inappropriate gifts and …
The world of work is evolving rapidly as we approach 2025, with three major forces converging to reshape the workplace landscape. Insights from ADP and the Academy to Innovate HR (AIHR) reveal seven key trends driving this transformation: AI’s integration …
Retired steel employees of Visakhapatnam Steel Plant (VSP) are protesting delays by the Employees’ Provident Fund Organisation (EPFO) in sanctioning higher pensions as per the Supreme Court’s November 2022 directive. Despite depositing ₹410 crores collectively for higher pensions, approximately 1,800 …
Transferring your Employee Provident Fund (EPF) balance when switching jobs is crucial to keep earning interest on your savings. If left untransferred, your old EPF account may become dormant and stop earning interest after a few years. The Employees’ Provident …
Labour’s recent budget overhaul has significantly reshaped the UK’s pension landscape, sparking widespread debate. Key changes include removing inheritance tax (IHT) exemptions for pension funds, which were previously a favored savings vehicle due to generous tax breaks. Critics argue these …
AI is transforming workforce productivity by enhancing time management, automating repetitive tasks, and revolutionizing collaboration tools. With solutions like Microsoft Outlook’s AI assistant, Zapier, and Miro, businesses are streamlining operations and empowering teams to focus on innovation and strategic goals. …
India’s female Labour Force Participation Rate (LFPR) has seen a notable rise, surging from 24.6% to 41.5% between 2017 and 2022-23, particularly in rural areas. A recent working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) challenges …
Professional Tax is a state-level tax imposed on individuals earning an income through employment, business, or profession. It is governed by Article 276 of the Indian Constitution, which empowers state governments to levy this tax. Here’s an overview of …
Citigroup has introduced two advanced AI tools, Citi Assist, and Citi Stylus, designed to improve efficiency and simplify workflows for its 140,000 employees across eight countries. These tools aim to reduce the time spent on repetitive tasks, allowing employees to …
New research has sounded the alarm about the increasing use of artificial intelligence (AI) in the workplace, specifically focusing on technologies like Algorithmic Affect Management (AAM). This cutting-edge technology uses biometric data to track and manage workers’ emotions, raising …
In today’s fast-paced and technology-driven world, the Human Resources (HR) function is evolving into a cornerstone of organizational success. This shift was a central theme at the UNLEASH World 2024 event in Paris, where industry thought leader Josh Bersin, Founder …
Fran Maxwell’s insightful Forbes article sheds light on the transformative role HR can play in integrating artificial intelligence into organizational operations. As companies increasingly adopt AI, HR teams are uniquely positioned to lead this change, ensuring that both tools and …
As the world evolves, so does the role of HR. HR leaders are blending technology with empathy to enhance innovation, inclusion, and employee wellbeing.
As organizations navigate rapid change, CHROs are increasingly viewed as key drivers of growth, with 89% of CEOs emphasizing their strategic importance. Yet, only 45% of companies provide conditions enabling CHROs to unlock their full potential. Insights from research across …
The Employees’ Provident Fund Organisation (EPFO) has announced major changes in its rules for Provident Fund (PF) claims, offering relief to employees struggling with Aadhaar requirements. Now, employees from specific groups can submit their PF claims without linking their Universal …
Employee attrition continues to be a pressing concern for organizations, with 44 million U.S. workers voluntarily leaving their jobs last year alone, as per the U.S. Chamber of Commerce. High turnover rates disrupt workflows, increase hiring costs, and lower employee …
The Employees’ Provident Fund Organization (EPFO) has announced a significant increase in the auto claim settlement limit from ₹50,000 to ₹1 lakh, providing relief to millions of employees. This decision aims to enhance the “Ease of Living” for account holders …
Since its launch on November 30, 2022, OpenAI’s ChatGPT has had a profound impact on HR functions globally. Within two years, generative AI has shifted from being a novel technology to a strategic partner in HR operations, offering efficiency and …
India’s fast-evolving corporate landscape faces a pressing challenge—employee wellbeing. As one of the world’s fastest-growing economies, India’s strength lies in its workforce, yet rising cases of lifestyle diseases, stress, and burnout highlight the urgent need to integrate well-being into workplace …
In a major move that could expand social security coverage to millions of workers, the government is considering raising the wage ceiling for mandatory inclusion under the Employees’ Provident Fund Organisation (EPFO) and the Employees’ State Insurance Corporation (ESIC). …
The HR landscape is undergoing a seismic shift as organizations prepare for a transformative 2025. From embracing generative AI to prioritizing cultural integration and transparency, HR leaders are paving the way for innovative and sustainable growth. Let’s dive into the …
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Amnesty Scheme for Employers
The Employees’ Provident Fund Organisation (EPFO) has introduced an amnesty scheme aimed at encouraging employers to disclose and rectify past non-compliance with EPFO regulations. This initiative provides a penalty-free opportunity for employers to align with EPFO …
India’s manufacturing sector faces significant hurdles in scaling its operations across key industries like textiles and electronics. Despite being the world’s second-largest producer of cotton, India lags behind countries like Bangladesh in garment exports. With $13 billion in apparel exports …