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Total Rewards Trends in Digital Era
Compensation & Benefits

Total Rewards Trends in Digital Era

Managing Total Rewards is both an art and a science. Managing Total Rewards is a science in that there are specific approaches and tools that can be used to study, design, and improve the system. There are some ‘right answers’ that can be discovered through the use of correct methods and correct data. Mistakes can […]

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Maruti Suzuki cuts 3,000 contract jobs due to slowdown
Jobs

Maruti Suzuki cuts 3,000 contract jobs due to slowdown

India’s largest carmaker Maruti Suzuki has let go of 3,000 contract employees due to the ongoing slowdown in demand and rising inventory. Company’s Chairman R.C. Bhargava said on Tuesday, 27th Aug 219 the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand. Safety […]

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How VR is reshaping the face of HR and L&D
HR TECHNOLOGY

How VR is reshaping the face of HR and L&D

Virtual reality is going to have a major impact on every function in human resources, from recruitment to training and retention. Meeting HR Challenges Head-on The main challenge of human resources in business is simple on paper: recruit, retain and train employees, making them happier, more productive and more engaged. If your employees are having […]

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The Future Compensation & Employee Benefits Trends
Compensation & Benefits

The Future Compensation & Employee Benefits Trends

In past for a quite long time, designing compensation and benefits program is a relatively simple and straightforward exercise, largely confined to finding the right mix of compensation and traditional benefits, such as health insurance and vacation time, etc. Look like those days are over. For a long time, we are seeing rapid change in […]

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Reviewing Salary Structure: When, Why and How?
Compensation & Benefits

Reviewing Salary Structure: When, Why and How?

India is perhaps the only large country in the world with a salary structure that has a multitude of allowances, other than Basic Salary. It was not always this way though. The evolution of the concept of allowances has been a process-driven from both regulatory and tax structures, and also based specific nuances of some […]

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What is Agility and How Agile is Your HR Function?
Culture & Behaviour

What is Agility and How Agile is Your HR Function?

HR function traditionally has been geared to create and implement HR policies aimed at the smooth functioning of the business with a long term perspective. As a result, all its activities around HR administration, training, recruitment, and other employee life cycle are mostly designed for steady-state business. With the onset of the digital era and […]

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Publicis Sapient to hire 10,000 people in India
Jobs

Publicis Sapient to hire 10,000 people in India

Sapient, which was acquired by French advertising major Publicis in 2015 for $3.7 billion, plans to double its headcount to nearly 20,000 in India in the next three to five years. – ETtech/May 19 Currently, Publicis Sapient has 10,000 employees in India and focuses to create a core talent pool for digital transformation at its India […]

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HCL aims at creating 8,000 local jobs
Industry

HCL aims at creating 8,000 local jobs

HCL Tech inks pact with Maharashtra Airport Development Co, to create 8,000 jobs, Key highlights as below. HCL aims at creating 8,000 local jobs Launched Tech Bee – HCL’s Early Career Program – a work-integrated career program for students who have completed class XII HCL to conduct Mega Recruitment Drive in Nagpur on 24-25 August […]

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Compensation– Fairness & Transparency
Compensation & Benefits

Compensation– Fairness & Transparency

Manager: Here’s your revised salary. Keep it confidential. Employee: Don’t worry Sir. I am equally ashamed of it!! This joke I read on the internet recently sums up the topic that I am attempting to discuss in this article. To say that communication around compensation is a sensitive matter would be a gross understatement. And […]

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Slowdown: Hyundai announced ‘No Production Days’ at Chennai Unit
Industry

Slowdown: Hyundai announced ‘No Production Days’ at Chennai Unit

Hyundai Motor India Ltd (HMIL) declared “no production days” this month for some of its production departments owing to tough market conditions for the automobile sector. As per the announcement at the plant, the Korean auto major said, “due to prevailing market conditions, there will be no production in passenger cars, powertrain system, and related support […]

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Total Rewards – Statutory Benefits 2019
Compensation & Benefits

Total Rewards – Statutory Benefits 2019

Total Reward is a concept that describes all the tools available to an employer that may be used to attract, motivate and retain employees. To an employee, the notion of total rewards includes perceived value as a result of the employment relationship. “In the last five years, we have seen so many New Corporate have […]

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