WebAn employee's wage is calculated by reference to the number of hours the employee ordinarily works. For the purposes of calculating the wage of an employee by time, an … WebOct 10, 2024 · With the 12 per cent hike along with five years of arrears, wage bill for National Insurance will be around Rs 2,177 crore, Rs 2,080 crore for New India Assurance (NIA), Rs 2,135 crore for Oriental …
"Basic Conditions of Employment Act" (2024)
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Performance-linked wage revision for PSU insurers - Times of India
WebNov 12, 2024 · Wage revision talks will be held once the government gives the nod," General Insurance Employees All India Association (GIEAIA) General Secretary K. Govindan told IANS. Advt. According to him, the wage revision is due from August 1, 2024 and only one round of talks has been held with the GIPSA. "The first round talks were … WebAug 24, 2024 · Aug 24, 2024, 15:19 IST IANS With talks on wage revision on between the unions in the public sector general and reinsurance companies, the General Insurers' (Public Sector) Association of... WebAug 27, 2024 · Since long time ,wage revision of LIC & GIC was at par. GIPSA & DFS should change their attitude and may conclude a meaningful wage revision. Reply Dhrishta on August 27, 2024 at 6:14 pm shoe carnival women\u0027s