Greetings from National HRD Network!

National HRD Network brings you  21st National Conference 2018″ at Hyderabad International Convention Centre HICC  on 17th & 18thAugust 2018. On the theme: “Next Wave of Excellence”. Addressed in 4Tracks ,4 Mega, 4Master,12 Meta Sessions and HR Practices ,Young HR Thought Leader Competition .

Shri Venkaiah Naidu, Hon’ble Vice President of India is inaugurating conference and set the tone for the two days conference.

The Key attraction of the conference are as below ;

  • Best of Breed HR Practices Competition
  • Young HR Leader- Thought Paper Competition

Registered   participants for above competition with same payment are eligible to attend the conference.   

  • Biggest HR and TECH Expo
  • New Book Releases
  • Tech and Professional Talk
  • Mentors@Table


Delegates, Senior Business Leaders and Senior HR leaders  and  budding Human Capital Practitioners, from across the industry are  participating .


For more details, please log on to:

Download App:   Contact: 8801651261, 9490118810, 9494466189


Looking forward to see you along with your colleagues at the conference. Please find attached sponsorship details, and competition details.


I sincerely request you to attend and nominate large number of delegates to make this mega event a grand success.



  1. Ravikanth Reddy

Founder and CEO, PQuest Human Resources Pvt. Ltd.; &

Convener NHRDN National Conference 2018

Employee benefits in EPF

EPF Contribution Rate and Rules (Updated For 2018)

If you are an employee of a private company, you must be contributing to the EPF Scheme. This contribution is done on the basis of a formula. The EPFO has set the EPF contribution rate. You and your employer have to follow this rule. It is mandatory by law. In this post, I would give details of EPF contribution Rate and Rules.

EPF Contribution Rate

Minimum 12% Contribution by Employee and Employer

You have to deposit a minimum amount to EPF account. It is 12% of your salary. You have to deposit this amount every month. Your employer deducts this amount before paying salary to you.

According to the EPF rule, your employer has to also match your EPF contribution. Thus, it has to also deposit 12% of your salary. This amount goes to your EPF and EPS account.

However, in practice, most of the private employer makes their contribution a part of your CTC. Thus, in a way, whole 24% EPF contribution goes from your CTC salary.

8.33% Goes to Pension Scheme

The employee pension scheme(EPS) runs along with the EPF scheme. A part of the EPF contribution goes to this scheme. Out of 12% employer’s contribution, 8.33% is routed to EPS. The remaining amount goes to EPF account.

There is an upper limit of the pension contribution. It can’t be more than ₹1250/month. This amount of ₹1250 is 8.33% of the 15,000. You may be aware that EPF scheme is mandatory for the employee who earns ₹15,000 or less per month.

Employee Can Increase Contribution

The Minimum 12% EPF contribution is mandatory. But you are free to deposit more than this. You can give a mandate for a higher percentage of contribution. You can contribute up to the 100% of the basic salary. This excess deposit is called as the Voluntary PF contribution.

What is VPF

It is useful when you want better return along with tax benefit. The return from EPF account is 1% higher than the PPF account. Thus, It is the most beneficial and safe tax saving option.

The excess EPF contribution is not mandatory for the employer. It can keep contribution at the rate of 12%.

To avail benefit of higher contribution, you have to give this mandate to your employer. The new rate of contribution would be applicable from next financial year. It would remain same at least for the whole financial year.

Applicable Salary

Salary for EPFThe 12% rate is not applicable to your whole take home salary. Rather, the EPF contribution is calculated from your basic salary + DA (It also includes commission if it is given as a fixed percentage of the turnover).

You may be aware that most of the private employer keeps basic salary very low. A big chunk of salary is given as incentives and reimbursements. Thus, your EPF contribution remains low. It may seem beneficial as there is less deduction. But, it also jeopardizes your retirement savings.

Benefit of Tax Deduction

The contribution to EPF scheme gives you tax benefit as well. You can get all round tax saving from this scheme. It comes under EEE (Exempt, exempt, exempt) category of investment.

EPF tax benefits

  • The monthly contribution is eligible for tax deduction undersection 80C. You can enjoy tax deduction up to 1.5 lakh under this section.
  • The annual interest earning is tax also tax-free. Unlike NSC and FD, you are not required to factor in interest for taxation.
  • At last, the maturity amount is also exempted from tax. You may be aware that full withdrawal amount of NPS is not exempted from the tax.

The tax benefit of EPF comes with a condition. You have to contribute to EPF account at least for 5 years. If you withdraw EPF balance before completing 5 years, the withdrawal amount would become taxable. You can learn more about the EPF taxation.

Break in Service

As I have told above, the tax benefit of EPF scheme comes with the 5-year contribution. This contribution should be continuous. If there is any break in the service or contribution, your 5 year period would start afresh. Thus, to enjoy the tax-free maturity amount of EPF, you must contribute continuously for 5 years.

In case, you can’t deposit continuously for 5 years, the EPF would deduct TDS at the time of EPF withdrawal. This TDS would be 10% of your amount. It would become 34% if you have not given PAN.

Interest After Non-Contribution

There is the common concern of interest-earning in case you stop contributing to EPF scheme. The reason for this concern is an earlier circular. The EPFO had said that any EPF account which does not get any deposit for 3 years, becomes inoperative. And such account would not earn any interest.

Consequently, you did not get an interest in your EPF account if you don’t transfer or withdraw the balance after leaving a job. But now rules have changed.

According to new rules, you EPF account would always earn interestwhat if you stop contributing to it.

Also Read: Latest Interest Rate of PF Scheme by EPFO

Investment of EPF Corpus

You would be eager to know that where does your EPF contribution go? How does EPF use billions of rupees from EPF scheme?

The corpus is invested in following instruments.

  • Central and state government bonds
  • Bonds issued by public sector companies
  • Fixed deposits of public sector banks
  • Sensex and Nifty ETF of SBI, UTI and LIC

Among all these instruments the first three are the fixed income securities which are considered safe but give lesser return while the fourth one is the indirect investment into the share market. It gives a higher return but risky as well.

As of now, EPF is investing 15% of your new contribution into the ETFs. From 2018, you would get units for this ETF investment. The value of this unit would change according to the share market.

EPF allocation

How To Verify Contribution

It is good to keep a tab on your EPF contribution. You can do this by checking your EPF account statement. The EPFO has provided this facility in two ways.

The easiest and best method is the regular SMS update of your contribution. When you activate the UAN, the EPFO starts sending a monthly SMS. This SMS contains your recent contribution detail and EPF balance along with your UAN details.

You can also download your updated EPF passbook. This Passbook is available online at EPF portal. The EPFO has made a separate page to download the EPF passbook. You have to use your UAN and password to view detailed statement. You can learn more about the EPF passbook download.

Concession from Minimum Contribution

The EPF rules give concession from mandatory 12% contributions in certain conditions. The 10% rate would be applicable in the following condition.

  1. If a company employes less than 20 people.
  2. A company which is declared sick by the  Board for Industrial and Financial Reconstruction
  3. If a company has accumulated losses equal to or exceeding its entire net worth and
  4. The company is from any of these sectors
    (a) Jute (b) Beedi (c) Brick ( d) Coir and (e) Guar gum Factories

Contribution for EDLI

When you become a member of EPF scheme, you also get the benefit of a life insurance cover. The EPFO provides the death cover to all of its active members. This scheme of life insurance cover is called as the Employee Deposit Linked Insurance Scheme.

This scheme also runs on contribution. The employers have to contribute to EDLI scheme for every employee. The contribution rate for EDLI is .01% of the employee’s salary. The employer has to deposit minimum ₹200 for EDLI scheme, in case its total EDLI contribution does not cross ₹200.

Because of this scheme, the family members of a deceased employee get ₹6 lakhs.

Administrative Expense By Employer

Besides the 12% contribution, an employer has to also contribute for administrative expenses of EPFO. The rate for the administrative expense is 0.85% of the employee salary. Before 2015, it was 1.10%.

Earlier this rate was much higher. But now, because of the online operations, the EPFO could reduce its expense. Therefore, the employers have got the respite.

However, an employer has to deposit minimum ₹500/month as the administrative expense. If the establishment has no contributory member in the month, the minimum administrative
charge will be ₹75.

In case of Establishment is exempted under PF Scheme, Inspection charges @0.18%, minimum ₹5/- is payable in place of Admin charges.

In this post, I have told you all about the EPF contribution. Further, you can also learn about the UAN which has become very useful for the EPF scheme.

జాతీయ మానవ వనరుల (హెచ్‌ఆర్‌) సదస్సు ఆగస్టు 17, 18 తేదీల్లో హైదరాబాద్ HICC లో

 జాతీయ మానవ వనరుల (హెచ్‌ఆర్‌) సదస్సు ఆగస్టు 17, 18 తేదీల్లో హైదరాబాద్ HICC లో
లో జరగనుంది. నేషనల్‌ హెచ్‌ఆర్‌డీ నెట్‌వర్క్‌ (ఎన్‌హెచ్‌ఆర్‌డీ) మానవ వనరులపై దేశ వ్యాప్తంగా ప్రతి ఏడాది జాతీయ స్థాయి సదస్సును నిర్వహిస్తుంది. ఇప్పటి వరకూ 21 సదస్సులు నిర్వహించగా హైదరాబాద్‌లో జరగడం ఇది నాలుగో సారి .  ఆగస్టు 17, 18 తేదీల్లో హైదరాబాద్‌ ఇంటర్నేషనల్‌ కన్వెన్షన్‌ సెంటర్‌ (హెచ్‌ఐసీసీ)లో ఈ సదస్సు జరుగుతుంది. ‘నెక్స్ట్‌వేవ్‌ ఆఫ్‌ ఎక్సలెన్స్‌’ అనే అంశం చుట్టూ మొత్తం సదస్సు తిరుగుతుంది. దీన్ని దృష్టిలో ఉంచుకుని అన్ని ఉపన్యాసాలు, విశ్లేషణలు, చర్చలు జరుగుతాయి .  4వ తరం పారిశ్రామిక విప్లవానికి అనుగుణంగా..
ఇంటర్నెట్‌ ఆఫ్‌ థింంగ్స్‌ (ఐఓటీ) వంటి డిజిటల్‌ సాంకేతిక పరిజ్ఞానాలు నాలుగో తరం పారిశ్రామిక విప్లవాన్ని తీసుకు వచ్చాయి. ఈ నేపథ్యంలో మానవ వనరుల నిర్వహణలో విప్లవాత్మక మార్పులు వస్తున్నాయి. డిజిటలీకరణ వల్ల కంపెనీలు, సంస్థల రూపురేఖలు మారుతున్నాయి. మానవ వనరులు, సాంకేతిక పరిజ్ఞానాన్ని సమర్థంగా వినియోగించుకోవడంపై అవగాహన కల్పించడానికి ఈ సదస్సులో సిబ్బంది (పీపుల్‌), నాయకత్వం (లీడర్‌షిప్‌), సాంకేతిక పరిజ్ఞానం (టెక్నాలజీ), భవిష్యత్తులో పని విధానం (ఫ్యూచర్‌ వర్క్‌) అనే నాలుగు అంశాల (ట్రాక్‌లు)పై దృష్టి కేంద్రీకరిస్తారు. సిబ్బంది ఎలా మారాలి. వారిని నాయకులు ఎలా మార్చాలి. సాంకేతిక పరిజ్ఞానాన్ని ఏ విధంగా వినియోగించుకోవాలో వివరిస్తారు. కంపెనీలో విలువలు, వ్యవస్థలు (సిస్టమ్స్‌), పని వాతావరణంలో వస్తున్న మార్పులు మొదలైన వాటిపై చర్చ జరుగుతుంది. 16 ముఖ్యమైన సెషన్లు జరుగుతాయి. చర్చలు, పరిశోధన పత్రాల సమర్పణ ఉంటాయి. మానవ వనరుల నిర్వహణలో ఉత్తమ విధానాలను అనుసరించిన కంపెనీలకు అవార్డులు ప్రదానం చేస్తారు .  జాతీయ హెచ్‌ఆర్‌ సదస్సులో ఉప రాష్ట్రపతి ఎం.వెంకయ్య నాయుడు, వివిధ రంగాలకు చెందిన హెచ్‌ఆర్‌ దిగ్గజాలు ప్రసంగాలు చేయనున్నారు. క్యాప్‌జెమినీ కంట్రీ అధిపతి (భారత్‌), గ్రూప్‌ ఎగ్జిక్యూటివ్‌ కమిటీ సభ్యుడు శ్రీనివాస్‌ కందుల, ఐటీసీ కార్పొరేట్‌ హెచ్‌ఆర్‌ అధిపతి ఆర్‌.శ్రీధర్‌, విప్రో ప్రెసిడెంట్‌, చీఫ్‌ హ్యూమన్‌ రిసోర్సెస్‌ ఆఫీసర్‌ ఎన్‌. సౌరభ్‌ గోవిల్‌, టీసీఎస్‌ డిప్యూటీ గ్లోబల్‌ హెచ్‌ ఆర్‌ అధిపతి రితు ఆనంద్‌, సైయెంట్‌ ఎగ్జిక్యూటివ్‌ ఛైర్మన్‌ బీవీఆర్‌ మోహన్‌ రెడ్డి, తెలంగాణ డీజీపీ మహీందర్‌ రెడ్డి, నేషనల్‌ హెచ్‌ఆర్‌డీ  నెట్‌వర్క్‌ వ్యవస్థాపక ప్రెసిడెంట్‌ టి.వి.రావు, ఎల్‌ అండ్‌ టీ కార్పొరేట్‌ హెచ్‌ఆర్‌ సీనియర్‌ వైస్‌ ప్రెసిడెంట్‌ యోగి శ్రీరామ్‌ తదితరులు ప్రసంగిస్తారు. మొత్తం 80 మందికి పైగా వక్తలు ప్రసంగించనున్నారని, వెయ్యి మందికి పైగా ప్రతినిధులు పాలుపంచుకునే వీలుందని ఎన్‌హెచ్‌ఆర్‌డీ నెట్‌వర్క్‌, హైదరాబాద్‌ చాప్టర్‌ ప్రెసిడెంట్‌, సదస్సు కన్వీనర్‌, పిక్వెస్ట్‌ హ్యుమన్‌ రిసోర్సెస్‌ వ్యవస్థాపకుడు, సీఈఓ జె.రవికాంత్‌ రెడ్డి తెలిపారు. వివరాలకు ని చూడగలరు  #HR #NHRD 

Leadership Skills VUCA

*The n-H Leadership Model*

Leaders, who cease to grow, cease to inspire others. Fostering leadership skills, time and again, is essential for an organization’s growth. Read on to know more about n-H model of leadership and how it can be cultivated in an organization.

One of the critical talent problems faced by our industry is ‘Developing Leaders’. Identifying and addressing this problem is one aspect and further acting on developing leadership attributes is another.

The attempt should be to identify a leadership model which is suitable for India. The n-H leadership model talks about the Hs which leaders should cultivate in order to grow and prosper.


1. Listening: It is all about listening with understanding. Leaders need to question themselves- Do they listen to understand other person’s perspective or frame of mind? Or do they listen to respond? The answer will give you first leadership trait under humility. It forms an important trait in a humble person.

2. Respect for Diversity: Respect for diversity in the organization falls under category humility. A leader should be humble enough to respect diversity in the organization.


1. Empathy: Good leaders are humane and they have a sense of empathy towards others in the organization.

2. Compassion: Leaders need to act with compassion and extend helping hand to those who need it


Assertiveness: Leaders are always hopeful about their future outcomes. They are assertive in taking decisions and believe they will convert into right kind of results.


1. Leaders laugh at themselves: People with best sense of humor laugh at themselves, not taking themselves too seriously. We often tend to take ourselves too seriously. Leaders should have the capability to laugh at themselves .

2. Creating an environment of liveliness: Good leaders create a lively and positive environment for themselves and everybody around.

*How to convert this model into action?*

Human behavioral change is essential when we are trying to build leaders. It does not happen over a period of time. To bring in the change in leaders; it takes a considerable length of time – maybe – one year , two years or even three years . It can be done by creating powerful movements that are impactful.

*1. Appreciation*: Leaders need to learn to appreciate people in an organization. It is very important. Appreciation as a psychometric tool is to be learned and applied.

*2. Paradoxical intervention:* Under this, the effort is to ask a leader to undertake a difficult task, which he /she is afraid of. Identifying and then working on it.

*3. Group Dynamics*: It is the teamwork only which makes the organization successful. The roles and status of each person in a group determines its dynamics. The performance of a group depends upon a lot of things which are ingrained subconsciously in our mind.

*4. Competing commitment* – Competing commitment means when we want to do something but there is one different commitment that pulls us back. The challenge is to unearth these competing commitments in leaders and address them.

*5. Intervention* – Modeling , shaping and re-enforcing – these interventions are required to build leaders for our corporates.

*6. Reflection* – A competent leader will always reflect upon his actions

*7. Coaching and counseling* – Leaders themselves require coaching and counseling on leadership.

Whether it is developing skill in an organization or transforming organization or society as a whole, it is a leader that can bring such transformations.


Being honourable in your action actively endorising values and philosophies of inclusion where integrity and inner decorum dominates.

Honour demands trust and trust projects integrity and promise keepers .
Therefore, developing good leaders is of utmost priority in present VUCA times.