Who gets monetary benefits under each Legislation, in case of unfortunate demise of an employee?

Posted by: The ADP Team on 15 August 2019 in Compliance

Where an employee engaged in any Shops, Commercial Establishments, Manufacturing Establishments, Mines and any other establishments, if deceases, the benefits are received by his/her nominees or dependents.  Who shall be such nominees/dependents, under each employment, social security legislations are listed below: Undisbursed wages The Code on Wages, 2019 – Section 44 (1) All amounts payable...

Two Ways AI will Help to Create More Meaningful Jobs

Posted by: The ADP Team on 14 August 2019 in Human Capital Management, Innovation & Technology, Thought Leadership, Trend Views

What are you working for? The answers may vary a lot depending on the group or individual that you’re posing the question to. Millennial and Gen Z would probably answer around their personal aspirations, while their senior counterparts may tend to focus more on family and social responsibilities. It is a simple but very important...

Specifics in Payment of Gratuity – Case Study

Posted by: The ADP Team on 7 August 2019 in Compliance, Finance, HR, Human Capital Management, Non classé

(Coffee Break Compliance Guide – Volume 50, by Subramaniam Anandan) One of my friend who is a Human Resource representative, shared the following few cases and was asking about the compliance under coverage of Payment of Gratuity Act, 1972. Case study 1:    A candidate who wanted to take up a position in the establishment...

Employment Brand: Tell Your Story Differently Using Visuals

Posted by: The ADP Team on 6 August 2019 in Human Capital Management

The difficulty of recruiting in today’s tight labour market is no secret. Creating engaging employment branding and telling your story differently can position your business ahead of the competition as you look to attract top talent. To that end, organisations are now taking a more creative approach to telling their story and using visuals. Images...

Employee Deposit Linked Insurance (EDLI) scheme in EPF – A Snapshot

Posted by: The ADP Team on 2 August 2019 in Compliance

(Coffee Break Compliance Guide – Volume 49, by Subramaniam Anandan) Employee Provident Fund & Miscellaneous Provisions (EPF & MP) Act is the largest Social Security Benefit Act enacted in 1952 which provides major long term savings scheme for the employees engaged in the private sector.  To extend the benefits of life insurance, the government has...