Telangana is the first State to announce uniform HR policy for PACS employees: TSCAB chairman
Contents News/Article Date: 21st December 2022
Relating to which Act: 14 Laws That Every HR Manager Should know from the perspective of Human Resource Management
Applicable to which State: All the States and Establishments where the Acts are applicable depending on the number of employees
Type: Telangana is the first State to announce uniform HR policy for PACS employees: TSCAB chairman
Pertains to: Employers and Employees and all relative stakeholders
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Now Karma Global is also fully in labour compliance for nearly 18 years and is helping both establishments and workers fulfillment of obligations as per the laws of the land. It has over 200 staff, both direct and indirect on its rolls and operates on a Pan India basis. Recently, it has diversified into foreign shores as well, into countries like the US, UK, UAE, Canada, Philippines, and South East Asia for handling payroll, outsourcing, recruitment, and governance.
Karma Global is an HR Oriented Organization and its expert staff keeps on playing the role of HR & compliance Managers for its various clients in shaping the client’s organizations to grow bigger. The experts are an integral part of HR activities right from recruiting, inducting, training and development, performance assessment, grievance resolution, exit formalities, salary and wages, recognition, rewards and promotions, retention and finally maintaining a satisfactory level of employees. HR
However, as you go up the chain, legal knowledge becomes indispensable. If you are drafting a leave policy for a company, and fail to check the relevant Shops and Establishments Act of the state, you will almost certainly get it wrong. The consequence can be paying heavy fines by the company if an inspector comes visiting, a potentially negative report in the media, and the client’s leadership getting upset with the impact and implications and this is how Karma Management keeps all its clients at the lowest risk by taking care of all the compliance work diligently and efficiently.
Some of the important acts are listed below for matters of proper regulations by any establishment where such acts are applicable.
1) Shops and Establishments Act
2) Employment Exchange Act
3) Sexual Harassment Act
4) The Factories Act
5) Employees Provident Fund Act
6) The Apprentices Act
7) The Maternity Benefit Act
8) The Workmen Compensation Act
9) The Payment of Gratuity Act
10) The Payment of Wages Act
11) The Industrial Disputes Act
12) The Payment of Bonus Act
13) Employees State Insurance Act
14) Child Labour Regulations Act
In this instance, Telangana was the first State in the country to announce such an HR policy and provide job security, and enhancement of salaries by announcing pay scales.
Subject: Telangana is the first State to announce uniform HR policy for PACS employees: TSCAB chairman
For greater details, appended below is the complete news item
Telangana is the first State to announce uniform HR policy for PACS employees: TSCAB chairman
Telangana was the first State in the country to announce such an HR policy and provide job security, and enhancement of salaries by announcing pay scales.
Karimnagar: Telangana State Cooperative Apex Bank (TSCAB) Chairman Konduru Ravinder Rao said Chief Minister K Chandrashekhar Rao had taken a courageous decision while announcing a uniform Human Resources (HR) policy for the employees of Primary Agricultural Cooperative Societies (PACS).
Telangana was the first state in the country to announce such an HR policy and provide job security, enhancement of salaries by announcing pay scales, and promotions on par with any cooperative bank employee, he said and added that the PACS employees would be also given 25 percent quota in the filling up of vacancies in the District Cooperative Central Banks (DCCB).
Ravinder Rao was participating in the closing ceremony of the training of PACS employees on the system-based generation of financial statements audit organized in association with NABARD at Karimnagar DCCB main office here on Wednesday.
The new uniform HR policy announced by the State government also stipulated norms of computer knowledge to all the employees of PACS including its CEOs. Stating that the new policy fixed minimum qualifications for various posts, Rao said employees of PACS would be transferred every three years according to the bank rules.