Aditya Prakash on LinkedIn: In the era of market-led economy the idea that one will hire an employee… (2024)

Sekhu Kamau Yojana: Get a stipend of up to Rs.1 lakh. Here’show

In this edition of the EWD Pulse, we are exploring the IIJA, WFD, and the CCCs. Click the link below to read the full article!https://lnkd.in/eYhKQU3VHow and where to allocate available funding is a critical element of any infrastructure project, especially if there is more than $1 trillion to be distributed. The Infrastructure Investment and Jobs Actof 2021 (IIJA) was specific in its focus when determining how to best use its $1T asset value.Four central U.S. government departments – the Departments of Energy, Commerce, Transportation, and Labor – are the primary beneficiaries of the funds, which are to be used to improve and innovate foundational community resources as well as develop the workforce that will keep those services working and in good condition. The ‘workforce development’ aspect encompasses more than just providing funding to pay workers. It also covers the costs of the incremental steps needed to get those workers ready to go: policy development, implementation strategies, and educational reorganization are all necessary to ensure the resulting labor force is well-trained for the work it is expected to perform. Consequently, the IIJA is facilitating an overhaul of the higher education sector to build the country’s future workforce training programs...#workforcedevelopment #socioeconomic #economicmobility #futureofwork #careerdevelopment

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EPF & PPFIn EPF, in most of the cases both the employer and the employee contribute 12% of the employee's basic salary plus dearness allowance (DA).PPF: On the other hand, PPF is a self-contributory scheme, where the individual makes voluntary contributions.In present EPF interest rate is 8.15%, while the current PPF rate is 7.1%EPF: The interest earned and the maturity amount are tax-exempt under specific conditionsPPF: The interest earned and the maturity amount are fully tax-exempt.

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Education - Labour Mismatch : how the IBCP offers a solution. Building 21st century skills in the changing labour market.In frame, one of the students' works picturing how students might desperately think about their future while having breakfast.#IBCP

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Hello #connections, Sharing an insightful case update on the EPF & MP Act, 1952: "The Regional Provident Fund Commissioner Vs Central Arecanut & Cocoa Marketing And Professional Co-Operative Limited" (2006) 2 SCC 381. The Division Bench of the Karnataka High Court recently ruled on the classification of 45 trainees under the EPF Act, emphasizing their status as 'apprentices' rather than 'employees.' The Division Bench's judgment highlighted that the trainees, paid a stipend during training with no obligation for future employment, fell under the 'apprentices' category as per the establishment's 'Standing Orders.' Consequently, they were not considered employees under Section 2(f) of the Act, resulting in the dismissal of the appeal.#hr #hrm #humanresourcemanagement #humanresourcesmanagement #pf #epf #providentfund #employeeprovidentfund #employeeprovidentact1952 #laborlaws #statutorycompliance

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Discover more about the 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗦𝗸𝗶𝗹𝗹𝘀 scheme 👉 bit.ly/Investing-in-Skills

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Government of SL says " 5000 Diploma holders will be given with Teaching opportunities " As we are running with a major budgetary deficits, we should stop recruiting unnecessary cadres to the government sector in Sri Lanka. This will deprive the government savings, funds available for balancing the economy and the government will be heading to a budgetary deficits as the total spent is greater than the income. Harsha de Silva hope you can raise this message in the debateplus after this avurudu season we can expect a rising trend in inflation again as the CBSL is expanding the supply of money irresponsibly, by granting consumer credits.

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TNCs ARE NOT THE ONLY COMPANIES THAT MAKE LIFE DIFFICULT FOR POOR. 🎯 Many domestic companies also come into that category. 🎯 TNCs however are fundamentally different from local THIRD world companies. their size and internationalism give them power over government that national firms don't have. 🎯 The sizable amount of money they have enables them to engage in activities that effectively harm the poor,more jobs is a carrot that TNCs often hold out for governments, yet the jobs created can be both fickle and few.🎯 TNCs activities often makes only weak links with national economic.

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UK relationship with CEDeFop: Calling employers who say they are not getting people with the skills they need, this event 29th January 2024 is sector specific to manufacturing & retail & should concern anyone advising employers in these sectors. We are getting left behind in collaboration & Cedefop is a good way of keeping up to speedhttps://lnkd.in/eZ9edAr5