Labor management involves the strategic planning and supervision of a workforce to achieve organizational goals efficiently. It encompasses several key aspects: 1. **Workforce Planning:** Assessing staffing needs and skills required for various roles within the organization. 2. **Recruitment:** Attracting, selecting, and onboarding new employees to fill positions effectively. 3. **Training and ...

Employee State Insurance (ESI): ESI is a social security and health insurance scheme in India that provides medical and cash benefits to employees and their dependents in case of sickness, maternity, disablement, or death due to employment injury. Both employers and employees contribute to the ESI fund. The employer's contribution is higher than the employee's contribution. The ESI Act applies ...