Employee cost divides power regulator

March 23, 2017, 6:14 PM

KOCHI: Kerala State Electricity Board's (KSEB's) spiralling employee cost has left the chairman and members of the Kerala State Electricity Regulatory Commission(KSERC) divided. This has happened when KSEB had approached the commission for the permission to 'true up' its financials for FY13. Truing up is the accounting adjustment done to the revenue and expenditure accounts of a firm to reflect the actual figures, rather than the original estimates, which might be high or low. KSERC chairman T M Manoharan made a dissenting view in commission's latest order released on Wednesday, saying that there is no reason to approve the excess employee cost for FY13. It is understood that

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Indian Bank staff say swapping bosses may not help IDBI Bank
March 23, 2017

Even as the Government of India for the first time swapped the top executives of two public sector banks -- Indian bank and IDBI Bank Ltd -- employees of the former asserted that the government could have looked at other traditional options if it had to appoint a new head for IDBI Bank. They said the current decision may not serve the purpose it

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Rajasthan government to decide on 7th pay commission after its panel’s report
March 23, 2017

The Rajasthan government on Wednesday said a decision on implementing the recommendations of the seventh pay commission in the state would be taken after a committee it constituted to look into it files its report. Replying to supplementary during the Question Hour, Industries Minister Rajpal Singh Shekhawat, on behalf of the Finance Minister,

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7th Pay Commission: Committee on Allowances submits report, keeps HRA at 30 per cent
March 23, 2017

The Committee on Allowances, headed by Finance Secretary Ashok Lavasa, has submitted its report on higher allowances, under the 7th Pay Commission recommendations, to Union Finance Minister Arun Jaitley.  New Delhi, Mar 23: The Committee on Allowances, headed by Finance Secretary Ashok Lavasa, has submitted its report on higher allowances,

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Transfer & Posting order of SAG / HAG IRTS
March 23, 2017

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10 More Facts on How Employee Substance Misuse Impacts Businesses
March 23, 2017

More than 70 percent  of U.S. employers are feeling the direct impact of prescription drug misuse in their workplaces, according to a recent survey by the National Safety Council. The survey also found that although 71 percent of employers agree that prescription drug misuse is a disease that requires treatment, only 39 percent of employers

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4 Ways to Personalize the Employee Experience
March 23, 2017

The employee experience is what makes or breaks retention. Simply put, if employees enjoy their work, they will stay. However, this is no easy feat. The best way to improve the employee experience is by giving them a personalized experience. Employees don’t want to feel like just a number in the books. They want to feel special and have an

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