Latest Compensation & Benefits HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Compensation & Benefits.
The company mistakenly paid times an employee his salary last month. The company paid the employ...
A union representing thousands of Rolls-Royce workers in the UK has rejected the engineering groups...
Popular global audio streaming service, Spotify Technology Chief Executive Officer Daniel Ek has inf...
India’s second-largest IT services firm, Infosys chief executive Salil Parekh’s total compensation has increased 43% to Rs 71 crore in the fiscal year 2021-22. The revised compensation comes into force as Salil Parekh is reappointed as CEO and MD of the company from 1 July 2022 and ending on 31 March 2027. Salil said in his […]
Software giant, Microsoft said it would be slowing down some of its hirings to become more cautious about adding staff. The company would be reducing the pace of hiring people for the software group that develops its Windows, Office, and Teams applications. If the company plans to expand its headcount, new hires for the software […]
Software giant, Microsoft Corporation CEO Satya Nadella said in a memo to staffers that the company is increasing compensation for its employees as the labor market tightens and employees contend with increasing inflation. Microsoft has planned to “nearly double” its budget for employee salary increment and boost the range of stock compensation to give some workers by […]
Pilots of India’s largest passenger airline, IndiGo are disappointed over the recent 8 per cent salary hike announced by the airline. They were expecting the restoration of the 28 per cent cut, that was imposed two years back. “Around 28 per cent of our salary was cut during the pandemic, instead of restoring it to […]
Pay inequality is real and statistically established. It has always been there, in all societies and nations, industries all and sundry, regulated or unregulated. Legislations to combat unfair pay has had some effect over the past couple of centuries but there is a long way to go still before we can eliminate this evil from […]
Recently in an Interview with SightsIn Plus, Saurabh Govil, President and CHRO, Wipro Ltd said that Attrition has always been a concern for the industry however now we are witnessing an unprecedented war for talent. He added, “We look at attrition at different levels. One level is the point at which attrition is happening and […]
Major Compensation Challenges in 2021 As the fiscal draws to a close and COVID-19 vaccination already a reality, there is hope all around. Many countries including India are projected to have a V-shaped recovery and uncertainties of the last 6 months are now, for the most part, behind us. This optimism brings interesting challenges for […]
Top C&B Trends to Look-out for in 2021 Compensation is one of the key differentiating factors for an organization to remain at the top. Many studies and analysis of exit interviews reveal that one of the main reasons for attrition, especially at entry-level to middle management, is compensation. Hence, to remain competitive, devising a compensation plan that […]
Incentive & Variable Pay Trends in 2021 and Beyond Remuneration continues to remain one of the prime drivers of human behavior in contractual relationships. To orient strive of people and to shape outcomes, changes in remuneration structure & formats have been a continuous effort for long. Though form & extent of mix varies among different […]
Human Resources Budget- 2021, Challenges Post COVID-19 We all come across phrases like “This is the new normal”. I do not believe in the statement as there is nothing called a new normal. What seems new normal today, organizations are going to evolve and make processes and strategies to deal with the situation till another […]
Top 5 Employee Compensation Trends for 2021 Throughout 2020, the COVID-19 pandemic challenged every aspect of life and society as we knew it. In the business world, the HR function became pivotal in helping steer their organization’s response to the pandemic and contribute to a strategy for recovery in 2021 and help strengthen resiliency against […]
Compensation & Benefits Trends for the year 2021 The economic effects of COVID-19 have forced companies to re-evaluate and be cautious of the compensation structure, and salary increment budget for 2021. According to a recent publication by Mercer, 6 out of 10 organization in APAC are uncertain how the COVID-19 induced pandemic will impact the 2021 […]
