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It is also observed that participation of the female workforce in the organised sector has been the highest in the last 12 months. Overall, employee provident fund organization (EPFO) has added 18.36 lakh net members in the month of June this year. The provisional payroll data of EPFO released on August 20 highlighted that for the month of June, the net member addition has increased by 9.21 per cent as compared to the previous month of May.

The PwC's India Workforce Hopes and Fears Survey 2022 showed that the shift to hybrid work is expected to continue with 31 per cent of those who can work remotely already working in a hybrid way. The report also showed that a significantly higher proportion of Indian employees (71 per cent) are concerned about being overlooked for career advancement as compared to their global peers (21 per cent).

An EPF balance check can be done in 4 different ways. You can do it online either through the EPFO portal or UMANG App. But, if you don’t have powerful internet services to do it online, then you can also check offline via SMS or Missed call services, so long as your phone number is associated with that account. Here, we are going to tell you exactly how to check your EPF account balance. 

"Our aim behind sharing insights from the hiring industry is to help recruiters and job seekers be well versed with the latest trends and help in making an informed decision. A prevalent problem in the hiring industry is the prevalence of recruitment scams. Keeping the issue in mind, Hirect is ensuring the safety and security of the users by eliminating the consultants in between," said Raj Das, Global Co-Founder and CEO of Hirect India, in a statement.

According to layoff aggregator Layoffs.fyi, at least 20,514 people have lost their jobs at tech startups globally since April globally and the US is leading the race. The number doubled over the past two weeks, indicating that the labour market for the sector has taken a turn for the worse, reports Nikkei Asia. Ironically, this figure does not take contractual workers into accounts which have lost their jobs in the startup funding winter.

According to layoff aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month, reports TechCrunch. Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally. Tech companies are facing multiple issues like rising inflation, recession fear, Russia-Ukraine war.

Malaysia is expected to be the largest beneficiary among the ASEAN (the Association of Southeast Asian Nations) members from the RCEP in terms of export gains, Xinhua news agency quoted the Ministry as saying. The country is expected to see a $200 million increase in export gains, making the RCEP a vital tool in recovering from the economic disruptions caused by the Covid-19 pandemic, it said.

 Indian-American CEO Vishal Garg-run digital mortgage company Better.com on Wednesday started laying off thousands of employees in the US and India who received severance cheques in the payroll app. The layoffs were meant to be announced by the company on Wednesday, but one employee told TechCrunch that "they accidentally rolled out the severance payslips too early."

Indian-American CEO Vishal Garg-run Better.com is reportedly planning to lay off nearly 4,000 employees or nearly 50 per cent of its current staff this week. Better.com has employees around the world, including in the US and India. According to TechCrunch, the move comes three months after the New York-based digital mortgage lender laid off 9 per cent of its staff -- 900 people -- during a Zoom call that went viral and led to several lay-offs at the top.

The onset of the Covid-19 pandemic made working from home the new normal for many job roles. According to Naukri.com, the job platform has seen 93,000 permanent and temporary remote jobs being listed since July last year. Of these, 22 per cent jobs were for permanent remote roles only. In the last six months, Naukri.com has seen 32 lakh job searches for permanent and temporary remote jobs, by Indian job seekers.