Employee Rights Employee rights encompass a range of legal and moral entitlements designed to protect workers from exploitation, discrimination, and unfair treatment in the workplace. These rights ensure that employees are treated fairly, compensated adequately, and provided with a safe and respectful work environment. Common Employee Rights 1. Right to Fair Treatment: Employees… Read More »
Pensions Pension schemes is a retirement benefit provided by employers, government agencies, or other organizations to eligible employees. It’s essentially a form of income paid regularly to retirees during their post-employment years. Pensions are designed to replace a portion of the individual’s pre-retirement income, ensuring they have a reliable source of funds to cover living… Read More »
Atal Pension Yojana (APY) Atal Pension Yojana named after the former Prime Minister of India, Atal Bihari Vajpayee launched in May 2015 by the Government of India. The primary objective of APY is to provide a pension scheme for workers in the unorganized sector, who often lack access to formal pension schemes and social… Read More »
Provident Funds (PF): Provident Funds (PF) is a vital financial tool design to ensure employees have a secure retirement. It is a government-manage, mandatory savings scheme that offers numerous benefits to employees in various sectors. What is Provident Funds? Provident Fund is a government-back savings scheme where both employees and employers contribute a… Read More »
Employee Policies & Benefits Employee policies and benefits encompass guidelines governing workplace conduct, expectations, and perks provided by employers. They include health insurance, retirement plans, paid time off, and other incentives designed to enhance employee well-being and job satisfaction. Understanding Employee Policies: Employee policies serve as the blueprint for maintaining consistency, fairness, and compliance within… Read More »