Now, the bank employee's family will get a pension at uniform slab of 30 per cent of last drawn salary. This move would raise the pension benefits for families to Rs 30,000 to Rs 35,000, Debasish Panda, Secretary, department of financial services, ministry of finance, said.

Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR). As with other business assets, the goal is to make effective use of employees, reducing risk and maximizing return on investment (ROI).

A reduction of hours in an employee's employment is a COBRA triggering event that would generally occur when an employee goes from full-time to part-time, is temporarily laid off, takes a leave of absence, or has hours reduced due to a strike or lockout.

The Concurrent list includes subjects like Education including Technical education, Medical education and Universities, Population control and Family Planning, Criminal law, Prevention of cruelty to animals, protection of wildlife and animals, forests etc.

What is organizational development in HR? Organizational development in HR involves changes and improvement of the processes and structures that are part of HR's responsibility. These include processes and systems related to performance management, talent management, diversity, employee wellness, and so on.