Employment

Asiabiz Provides Personalised Employment Pass

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In order to facilitate the contribution of global talents to Singapore, the country introduced a new scheme called the Personalised Employment Pass (PEP).

Through PEP, foreign professionals are allowed to work in Singapore for up to 5 years and the holder is not tied to one single employer. PEP is granted based on individual merits and this visa can be applied individually without first securing a job in Singapore. There is a grace period of six months from the collection of the visa to secure employment.

Currently, the Employment Pass or EP can only be granted on the basis of confirmed employment with a specific employer. Unless the EP holder finds employment with a new company, the work pass is immediately cancelled and the EP holder has to leave Singapore the moment the employment ends or the EP holder leaves. A new EP application is needed when the holder needs to move to a new job with a different company or employer. PEP is granted on the strength of an applicants individual merits and does not tie the holder to any employer, thus, a PEP holder is allowed to remain in Singapore for up to six months in between jobs to evaluate new employment opportunities.

The following requirements are needed in order to be eligible to apply for the PEP:

* Must have a minimum monthly fixed salary of S$7,000 and the last drawn salary is not more than than 6 months at the time of application
* A former P1 category Employment Pass holder who resides overseas and is not unemployed for more than a continuous period of six months at the time of application.
* A current P1 category Employment Pass holder.
* A current P2 category Employment Pass holder with at least two years of working experience in a P category of Employment Pass and earns an annual income of at least S$30,000.
* A foreign graduate from institutions of higher learning in Singapore that has at least two years of working experience on a P or Q1 category Employment Pass (please take note that your annual income should be a minimum of S$30,000).

PEP pass holders cannot start their own company in Singapore. However, they are allowed to hold a minority Shareholding in the company including acting as one of the Directors.

Having a PEP affords job flexibility. They can be employed with any sector. In case they change jobs, PEP holders do not need to re-apply for a new pass.

PEP holders are also given the flexibility of a continuous period of up to six months without a job to evaluate employment or work opportunities. However, at this time, such PEP holders cannot leave the country.

Foreign professionals who are eligible for PEP are the following:

* Overseas foreign professional with at least S$7,000 monthly salary overseas. The last monthly salary overseas should be drawn not more than six months from the time of the application
* Former P1 Pass holders who are presently overseas residents
* Former P1 Pass holders should not be unemployed for a continuous period not longer than six months at the time of application.
* P1 Pass holders. Upon application, P1 Pass holders will be accorded In-principle Approval for the PEP
* P2 Pass holders. P2 Pass holders must have at least two years of working experience under a P Pass. A fixed salary of at least S$30,000 should be earned by them in the preceding year.
* Q1 Pass holders. Q1 Pass holders must have at least five years of working experience under a Q1 pass. They should earn a fixed salary of at least S$30,000 in the preceding year.
* Foreign graduates from tertiary academic institutions in Singapore. Foreign graduates from tertiary academic institutions in Singapore with at least two years of work experience on a P or Q1 Pass. They should earn a fixed salary of at least S$30,000 in the preceding year.

Employment

Variety In Opportunities For Rrb, Nic & Nmdc Recruitment 2013 Luring Candidates With Pride

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People, in general, like to be open to opportunities which gives them different options, especially in the field of employment. Nowadays, a number of companies in India have become existent, which lets people have these kinds of opportunities. Companies and agencies like RRB, NIC, NMDC, etc can be highly alluring for the candidates, especially those who have passed out recently because of their stature in Indian society.

RRB or Railway Recruitment Board is present in 19 different railway zones of the country, which presents a large number of employment opportunities. It is known to everyone that the Indian Railways is one of the largest recruiters in the world and the majority of the recruitment in the railways, is done through the different railway recruitment boards in the country. Therefore RRB recruitment 2013 is an opportunity for people to get to the jobs and increase the chances of improvement in their lives. Starting from the grade 4 vacancies to the various posts such as railway station master and such, most of these recruitments are done through the RRBs, which are spread in different parts of the country.

There are different reasons for employment in the railways and one of the many reasons why people have been coming for the RRB recruitment 2013 is that of the large number of options that the railways present. National Mining Development Corporation is a Navratna company under the Ministry of Steel in India. It is one of those public sector enterprises of India, which bring strength to the Indian economy and a variety to the employment opportunities. To be a part of NMDC is a matter of pride for the recruits and they are opting for the company because there are a number of jobs found with the company.

NMDC recruitment 2013 is therefore sought by people, usually after they pass out from their education. Starting from pharmacist post to that of the engineers, there are plenty of vacancies published by the public sector company for the people who are interested to work in one of Indias leading PSUs. Also, there are a number of offices and mining units under the NMDC, where recruitment is going on and the massive expansion plan is to be rightly corroborated with the help of NMDC recruitment 2013.

Another major company under the Government of India is that of the National Informatics Centre, which is responsible for various IT related works. These activities are carried out in large numbers in the country, now that the government is trying for computerisation and IT linking of the various organisations. Due to the rapid rate of work going on through the NIC, the NIC recruitment 2013 is a prospective time for the students who are seeking to get into various posts in the National Informatics Centre.

For the present, there are vacancies announced for scientific officers and Junior Research Fellow in different places of NIC offices. These are opportunities which people will not be leaving out because they have the potential to put a big jump in the careers of people. The variety of jobs has been the primary reasons, for which people from various areas of the country have been coming out for vacancies in NIC, NMDC and RRB.

Employment

Book Review The General Theory Of Employment Interest And Money by John Maynard Keynes

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It seems that most editorials about John Maynard Keynes are have an tremendous political slant and are generally done by those who have never even read this book. Primarily they are against his core conclusion that broadened government participation is required in the economy for stabilization functions. The key to comprehending Keynes is the idea that at unique times in the business cycle, an economy can become over-productive (or under-consumptive) and consequently, an agressive spiral is started that results in considerable layoffs and cuts in production as businesses try to balance aggregate supply and demand.

Thus, full employment is simply one of several or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to enhance or spark demand to generate full employment. This something could possibly be business investment but The General Theory Of Employment states because of the logic and unique characteristics of investment choices, it is less likely to rapidly reestablish full employment.

Keynes logically seizes upon the public budget and government expenditures as the shortest way to restore full employment. Borrowing the money to fund the deficit from private households and businesses is a fast, direct approach to restore full employment while at the same time, redirecting or transfering off the funds from the private sector which prompted the over-production in the first place. This book is essential to understand modern economics.

There are many things The General Theory Of Employment and Keynes was right about as well as completely wrong about. However, understanding his perspective is important when weighing alternative viewpoints. It is also important to compare his ideas with the actions of governments. You will at times see massive deviations from his theory into areas that he never suported to such extent that he wrote an open letter to FDR protesting his actions while trying to recover from the Great Depression.

About the Author: Walter provides over a decade of market information, economic knowledge and other great book reviews on his website http://bidhitter.com.

Copyright 2010 BIDHITTER

Employment

Most Common Clauses In An Employment Contract And Agreement

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Employment contracts and agreements defines the terms and conditions of the working relationship between an employer and an employee.

The contract shows the duties and responsibilities of the employer to the employee and vice versa.

Although each company has its own template, an employment contract usually contains the following clauses:

Parties Involved

This will specify that the agreement is between the employer and the employee.

Position and Duties

The employment agreement should also specify the title of the position that the employee will be holding, together with the specific duties that the employee will perform as set out by the job description that will be attached to the agreement.

Place of Work

This refers to the location where the employee will be tasked to perform his/her duties.

Working Hours

This refers to the required number of hours the employee must meet.

The employment contract should specify the number of hours the employee must work per week and the number of days in a week.

It should also specify the time that his/her job starts and finishes.

Pay

In this part of the employment contract, the employer can specify the equivalent annual salary that the employee will receive.

The contract should also specify the following:

The period that will be covered for each pay day
The day the payment will be made
The method of which the payment will be given

Public Holidays

This part of the employment agreement specifies that the employee is entitled to be paid for the time worked during a public holiday.

Conflict Resolutions

This part of the employment agreement can specify the process and policies that apply in resolving possible conflicts in the future.

This could include the grievance processes that can be used by the employee to report any practices or policies that they feel are unfair or unjust.

This clause may also include the preferred alternative dispute resolution (ADR) process to resolve employment disputes.

The most common type of ADR process is arbitration because it is much more similar to a court proceeding compared to other ADR forms.

Other Clauses

The employer may also include other clauses that aim to protect the operations and the interests of the company.
Some of them are:

Non-compete clause This prevents an employee from accepting employment from a competitor or start their own venture that will compete with your own company.
Non-solicitation clause This clause prevents your employee from soliciting your clients, customers or suppliers.
Non-disclosure clause This prevents an employee from divulging non-public or proprietary information. The contract should stipulate what defines confidential information.
Anti-raiding clause This prevents former employees from soliciting current employees to leave their employment.
Anti-disparagement clause This prevents employees from making statements that opposes the interest of the company.

Employers are advised to seek help from an expert employment law attorney to make sure that all important areas are covered and that no existing laws are being undermined.

Employment

Using FMLA law as an Weapon against Employment Discrimination Charge

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It has been a long time describing such a typical case of FMLA laws in Ohio. It is an employment issue with an employee who had been out of the office for the treatment of cancer. After the person gets well and wiling to be back on job, the employer is not in a position to take back the employee to his company. There can be a serious allegation against Ohio employee rights violation.

So, how to tackle the situation? Will it be termed as employment discrimination under the law of FMLA act? Is it the employer who seems to be guilty for not retaining the employee after his/her recovery?

Know the employers view point:

Before we start analyzing the way outs let’s view the genuine constraints for the employer. Yes, it is a deliberate confession. The employer is running a small company with the strength of only 15 employees. While the employee was out on leave, the economy was shattering leaving out lots of lay offs and salary cuts on work. Under such circumstances of slow business the employer can’t afford the employee now.

Apprehension for legal penalties:

But again there is always a possibility of legal intervention that may sue the employer for not allowing the employee to continue with the job. Of course, it’s a true confession by the employer that he would retake the employee once the things get fine. But how certain and safe is the position of the employer against law? The concern finally ended up with the petition to an Ohio FMLA lawyer.

What best can be done to protect the employer?

Fortunately being a small company, the employer can take advantage of the loopholes of FMLA law. Employment discrimination rules under FMLA act apply for the companies having 50-75 workers only. So it seems the employer is too small to be covered under the federal law. Moreover Ohio does not have any family law at the state level.

Employer’s job:

However there is the rapidity required for the employer’s point of view also. During last salary cuts or lay offs the employer should have eliminated the employee position and informed him/her about the decision at that time only. By doing this it would be easier to avoid being appeared that the employer is not illegally discriminating the employee by using FMLA laws.

Concluding the whole discussion the final solution could be like this- First allow the employee to join the office and let him/her work for 2 weeks. Then eliminate the employee position. The reason is that while making the internal changes the employer didn’t lay off the employee. But now in this current situation the employer can do it and it wouldn’t be regarded as discrimination too.

In this context one shouldn’t forget that companies with strong employee strength can’t escape the loopholes as discussed. In such case personal attention from an attorney on employer-employee rights is the priority all the times. Consulting resourceful online legal directories for attorney search can also be an apt solution in most of the cases.

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