#workplaceculture

[codingbit-001]

Discover and Analyze the Best HR Solutions with Strat-Board

Strat-Board is a consultative HR Marketplace helping discovery and adoption of new age and contemporary HR services across the employee life cycle.

https://www.strat-board.com/

[aiiinaire]

Leaked CIA research reveals Brain waves ritual attracts money to you!!

The purported revelation of leaked CIA research suggesting a connection between brainwave rituals and attracting wealth has sparked intrigue among individuals seeking unconventional methods for financial success. The concept implies the existence of a technique that harnesses the power of brainwaves to draw money toward the practitioner. While the authenticity of such claims remains uncertain, the notion of utilizing mental focus and frequencies for prosperity has intrigued many. Those curious to explore this potential avenue for personal development are encouraged to click here for further information and delve deeper into the alleged CIA findings, although it's crucial to approach such subjects with a discerning and critical mindset.

click here

[marbleboxindia]

Do you care about your employees? If not, they won't care about you. It’s easy to hire people, but how easy is it to retain them? Let's find out:

[sofiajade]

I'd like to extend a big thank you to ZilMoney for giving us a tour of their office. It's evident that the company cares deeply about creating a safe, comfortable, and successful working environment for its team. To see such a positive work culture in action is truly inspiring and encouraging. Thank you for allowing us to have a glimpse into an organization that appreciates and values its team members and their ideas.

[monriatitans]

WOMEN'S HISTORY MONTH QUOTE 2 OF 3 Wednesday, March 1, 2023

"While we are all forced to participate in the games of office politics; it is a very defeatist position for a Black woman. Many would argue that White men in America write the rules, manage the courses, and call all the plays. They are trusted to lead organizations and are in key positions to make positive change. I believe that at this moment in time, the onus shouldn't be placed on the underdogs to pull themselves up. The onus is on White men in power to create work environments that are both inclusive and sustainable for marginalized people." - Talisa Lavarry, Confessions From Your Token Black Colleague: True Stories & Candid Conversations About Equity & Inclusion In The Workplace

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Check out The National Women’s History Alliance for educational resources! The image was made with and, initially, shared via the Quotes Creator App to Instagram; check it out here! Interested in seeing where the quote came from? If so, click here!

[stevens-automotive-corner]

(via Loyal Employees are Assets - Not Liabilities! )

[solveprogrammingproblems]

HR

[sankhlaco]

Diwali Bonus Act: Understanding the Festive Bonus Tradition in India

Introduction

Overview of Diwali: Brief introduction to Diwali, the festival of lights, and its cultural significance.

What is the Diwali Bonus?: Explanation of the Diwali bonus tradition in India, where employers offer bonuses to employees during the festive season as a token of appreciation.

History of the Diwali Bonus

The Origin: How the Diwali bonus originated as a tradition, particularly in labor-intensive industries like textiles and manufacturing.

Significance of Festive Bonuses: Explain the cultural and emotional importance of the Diwali bonus, considering it a way to support employees in celebrating the festival with joy.

Legal Framework: Payment of Bonus Act, 1965

Introduction to the Act: Overview of the Payment of Bonus Act, 1965, which mandates bonuses for eligible employees in India.

Eligibility and Coverage: Discuss who is covered under the act (employees earning below a specified wage limit).

Minimum and Maximum Bonus: Outline the minimum and maximum bonus percentages (8.33% to 20%) as per the law.

Bonus Calculation: Explain how the bonus is calculated, typically based on company profits and employee salary.

How Diwali Bonus Differs from Annual Bonus

Nature of Bonus: The Diwali bonus is often a goodwill gesture rather than a legal requirement unless specified in contracts.

Link to Profits: While annual bonuses are often tied to performance, Diwali bonuses may be granted even in the absence of high profits as a festive gesture.

Key Points for Employers and Employees

For Employers: Tips on how to determine and distribute Diwali bonuses while maintaining legal compliance and employee satisfaction.

For Employees: Understanding entitlements, how to calculate expected bonuses, and recognizing the difference between the Diwali and other bonuses.

Recent Changes and Trends

Modern Trends in Festive Bonuses: How companies are adopting more flexible or innovative approaches, like gift cards, vouchers, and experiences.

Impact of Economic Factors: Discussion on how economic changes impact bonus distribution.

Conclusion:

Festive Spirit and Employee Relations: Conclude with thoughts on the importance of the Diwali bonus as a symbol of goodwill, respect, and motivation.

Encouraging Festive Spirit in Workplaces: The role of Diwali bonuses in building positive employer-employee relationships.

[jay-chua]

🌟 Why Hiring Positive People is the Key to Success! 🌟

🧐 Ever wondered why hiring positive people with a great attitude is more important than hiring experienced but negative individuals? 🤔 The answer might just change the way you think about building your team! 💼👥

In my latest Medium article, I dive deep into the power of positivity in the workplace 🌞 and how it can impact your company’s growth 📈, culture 🌱, and long-term success 🏆. If you're a business owner, manager, or HR professional, this article is a must-read! 💡

✨ Read it here: Why Hiring Positive People with a Great Attitude is Better Than Hiring Experienced, Negative Ones ✨

👀 What you'll discover: ✅ The benefits of a positive mindset in the workplace ✅ How negative attitudes can affect team productivity ⚠️ ✅ Why choosing attitude over experience can lead to better results

Let positivity lead the way! 🚀😊

[johnalisha88]

Unlocking Potential: The Importance of Diversity, Equity, and Inclusion Training

Explore the significance of Diversity, Equity, and Inclusion (DEI) training in today’s workplaces. This training fosters an inclusive culture, enhances team collaboration, and drives innovation. Learn how to implement effective DEI strategies to create a respectful environment that values every individual’s contributions.

Visit us : https://willinteractive.com/catalog/healthcare/deib

[digigen-technology001]

"Cheers to the weekend! 🎉 After a week of hard work, it’s finally time to unwind, recharge, and enjoy a little downtime. A huge shoutout to our amazing team for making each day productive and inspiring! Take this weekend to relax, refresh, and come back with renewed energy and creativity. 🌟 Let's make every moment count – enjoy your Saturday, team!"

CFBR & Kindly share your CV at info@thedigigen.com

📞+91-9811233735/7048915951

https://lnkd.in/gjjEKcx Follow us for more/upcoming opportunities 👆

[codingbit-001]

HR Torch Bearers - Featuring Reema Purohit

At Strat-Board, we celebrate the leaders who are shaping the future of HR. Today, we feature Reema Purohit, an influential HR leader whose powerful philosophy is:

"To win in the marketplace, you must first win in the workplace."

Reema believes that fostering a positive and productive work environment is key to organizational success. By focusing on employee well-being and engagement, businesses can unlock their true potential and build stronger, more resilient teams.

Her approach inspires HR professionals and organizations to prioritize their workforce as the foundation of growth and innovation. Let’s champion the importance of creating supportive workplaces that drive business excellence!

Stay tuned for more inspiring HR torch bearers!

https://www.strat-board.com/

[projectmanagertemplate]

10 Reasons Not to Adopt Agile Project Management. Agile can be a powerful approach when implemented correctly and in the right environment, but it's not the best fit for every organization or project. Before jumping into Agile, it's essential to evaluate whether its principles align with your team's strengths, your client's needs, and the nature of your projects. Otherwise, you might find that the flexibility of Agile comes with trade-offs that could hinder rather than help your project's success.

[shoury01]

EMBRACING AUTHENTICITY AT WORK: KEY BEHAVIORS, BENEFITS, AND POTENTIAL PITFALLS

Authenticity is surely the buzzword of the past year and much has been written recently about bringing our “whole” selves to work. But what does it look like in practice to “be real” in a professional setting?  And is it truly advisable? And if so, for whom? It sure has its positives. It does increase our overall well-being and happiness, creates psychological safety that strengthens…

[advmannucompliance]

Diwali bonus as per payment of bonus act

Under the Indian Factories Act, 1948, there are specific provisions related to bonuses, although the act itself does not mandate Diwali bonuses specifically. However, the concept of bonuses in industrial and factory settings is often guided by various labour laws and regulations.

Here are some key points regarding Diwali bonuses in the context of the Factories Act:

1. Bonus Payments

The Payment of Bonus Act, 1965, governs the payment of bonuses to employees in factories and other establishments. This act provides the framework for calculating and distributing bonuses based on profits and the number of employees.

The bonus is typically calculated as a percentage of the employee's salary based on the profits made by the company in the previous accounting year.

2. Eligibility

Employees who have worked for a minimum of 30 days in a financial year are generally eligible for bonuses under the Payment of Bonus Act.

3. Minimum and Maximum Bonus

The act stipulates a minimum bonus of 8.33% of the salary (or ₹100, whichever is higher) and a maximum bonus of 20% of the salary.

Employers may also provide additional bonuses, including Diwali bonuses, at their discretion.

4. Discretionary Bonuses

While the Payment of Bonus Act sets certain guidelines, companies can also offer discretionary bonuses, such as a Diwali bonus, as part of their employee welfare programs or to enhance employee morale.

5. Timing of Payment

Although not specified in the Factories Act, many companies choose to disburse Diwali bonuses before the festival to help employees with their celebrations.

6. Tax Implications

Bonuses paid to employees are subject to income tax under the Income Tax Act. Companies are required to deduct tax at source (TDS) on the bonus amounts paid.

Conclusion

While the Factories Act does not specifically address Diwali bonuses, it lays the groundwork for bonus payments in general through the Payment of Bonus Act. Companies are encouraged to establish fair and transparent bonus policies that recognize employees’ contributions and align with their profitability.

If you need more specific information or have questions about how these regulations might apply to a particular scenario, feel free to ask!

[todayfinserv]

💡 Instead of hiring more people who will eventually quit, figure out why your current employees don’t want to stay.

At Today Finserv Consulting India, we believe retention is more valuable than replacement. Understanding employee needs, addressing concerns, and creating a positive work environment helps build a loyal and motivated workforce. Let’s focus on people-first solutions for long-term success!

📞 Call Us at +91-9354350073, +91-7827114145 🌐 Visit us at Today Finserv | hello@todayfinserv.com