
It’s not a man’s world anymore in India
Both Indian men and women expect their salary to rise at the same rate of 8%, reflecting that gender pay equality is coming close to becoming an achievable reality in the Indian workforce.
Both Indian men and women expect their salary to rise at the same rate of 8%, reflecting that gender pay equality is coming close to becoming an achievable reality in the Indian workforce.
E-commerce continues to be the highest employer of women frontline workers in FY23, contributing to 64% of the total women workers employed
Majority of new members joining EPFO are in the age group of 18-25 years, constituting 58.45% of total new members' additions during the month
The Employees' Provident Fund Organisation (EPFO) added 17.89 lakh net members in June
The Employees' Provident Fund Organisation (EPFO) added 17.88 lakh members in April.
The ILO estimates that the implementation of a global social protection floor for older persons, would have profound demographic and economic effects in low-income and lower-middle-income countries.
Among males aged above 15 years, the unemployment rate stood at 9.2% in the March quarter as against 9.6% in the December quarter.
Out of 13.40 lakh members added during the month, around 7.58 lakh new members have come under the ambit of EPFO for the first time.
The economy is creating millions of jobs in next-gen sectors like solar power, electric vehicles, semi-conductor and defence, but companies need to upskill their employees first.
The report says that India is amongst the seven countries including Brazil and the United Arab Emirates (UAE) where job growth has been slower in the social sector as compared to non-social jobs.