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Labour codes▼ −33% net tone today

3 stories today · 31 since 24 SeptHyundai Motor India −0.3% on Thu, 1 Oct

Often with, this weekJobs and layoffs16 EPFO3 8th Pay Commission2 Taxes2 AI1

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Data●

Factory Wages Rise Across India, But Jharkhand Bucks The Trend; Check State-Wise Data

Bihar recorded the sharpest wage rise among major states, at 16.7%
Bihar’s average factory wage reached Rs 1.63 lakh
Rising factory wages may increase labour costs for Indian manufacturers

Factory Jobs and layoffs Economic growth Labour codes1 source · 18h

Policy▼

‘Don’t cut salaries’: Govt’s clear directive to companies as EPF wage ceiling rises

Government directive says companies should not cut salaries as EPF coverage expands
EPFO wage threshold increased from Rs 15,000 to Rs 25,000 on September 17
Higher EPF coverage may raise payroll costs for Indian employers

EPFO Labour codes Jobs and layoffs1 source · 17h

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Switching jobs to get higher pay works best in these industries

Switching jobs can bring higher pay, with the strongest gains varying by industry

Jobs and layoffs Labour codes1 source · 4h

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