Compensation & Benefits: HR News, Trends & Workplace Insights

Explore the latest Compensation & Benefits news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Feb 2021
Compensation & Benefits Trends for the year 2021
Compensation & Benefits

Compensation & Benefits Trends for the year 2021

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 […]

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HR Driving Financial Wellness in the Crisis Economy
Compensation & Benefits

HR Driving Financial Wellness in the Crisis Economy

HR Driving Financial Wellness in the Crisis Economy India has officially entered a technical recession, which experts expect to not end before 2022. In this genuinely unprecedented situation, it is imperative for leaders to be prepared with a plan to not just survive but grow in the crisis economy. The question is – Is your […]

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HR Budget-2021, Challenges Post COVID-19
Compensation & Benefits

HR Budget-2021, Challenges Post COVID-19

HR 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 crisis hits […]

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6 Best Practices to L&D Budgeting in the New Normal
Compensation & Benefits

6 Best Practices to L&D Budgeting in the New Normal

6 Best Practices to L&D Budgeting in the New Normal Organisations that fuel a culture of continuous learning and development are often considered more resilient and responsive from within. In a world driven by paradigm shifts and disruptive trends, the readiness of organisations to pivot nimbly comes from the ability to drive “dual transformation” which […]

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Top 5 Critical Things to Consider While HR Budget Planning
Compensation & Benefits

Top 5 Critical Things to Consider While HR Budget Planning

Top 5 Critical Things to Consider While HR Budget Planning My son wanted to understand fiscal deficit. I explained that every year, the government prepares a budget defining its expenditure and income. At the end of the year, if the government expenditure exceeds its income, that is known as fiscal deficit. The Government covers it […]

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Top 5 HR Priorities of HR Budget 2021
Compensation & Benefits

Top 5 HR Priorities of HR Budget 2021

Top 5 HR Priorities of HR Budget 2021 I remember reading an article sometime back where The Economist had conducted a study post the Global Recession and analyzed how it impacted major roles in the organizations. The biggest loser as per the study was CHRO as HR experienced the greatest budget restrictions. With the world […]

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Key Components of HR Budgeting, New Year Checklist
Compensation & Benefits

Key Components of HR Budgeting, New Year Checklist

Key Components of HR Budgeting, New Year Checklist There is nothing permanent except change. We have heard this umpteen time and experienced it exponentially in the past few months. Even household budgets, which seldom go through major changes, have been topsy-turvy. The definition of ‘essential items’ underwent a sea change and ‘weekend entertainment budget’ remained mostly unutilized. […]

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ITC Infotech HR Budget 2021, All Things Employee Benefits
Compensation & Benefits

ITC Infotech HR Budget 2021, All Things Employee Benefits

Backdrop Our workplace comprises of diverse workforce and individual requirements, aspirations, focus areas are varied. Now, with the COVID-19, stress levels are rising as the compulsions of a distributed workforce lead to a sense of disorientation, disconnection, disempowerment, and isolation. Workplace anxiety is leading to increased attention on well – being and sustained measures. At […]

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HR Budgeting in the midst of Covid-19 pandemic
Compensation & Benefits

HR Budgeting in the midst of Covid-19 pandemic

HR Budgeting in the midst of Covid-19 pandemic Budgeting has always been a complex and laborious annual exercise. It requires examining various scenarios and going through multiple iterations. There is a bit of a crystal ball gazing as well. However, this year it is even more challenging with increased uncertainty and economic turmoil. It is […]

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Compensation & Benefits trends post COVID-19
Compensation & Benefits

Compensation & Benefits trends post COVID-19

Compensation & Benefits (C&B) trends post COVID-19 COVID-19 has dealt with irreparable blows to human lives, economy, and nations in 2020. In business management, it has not only redefined every tenet of human capital strategy but also shaken the very foundations of wisdom and beliefs on which our HR architecture is built. Although no area […]

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Big Reset: Compensation Strategy in New Normal
Compensation & Benefits

Big Reset: Compensation Strategy in New Normal

Big Reset: Reviewing Compensation & Benefits Strategy in New Normal This unprecedented global pandemic is disrupting supply chains, consumer spending, business productivity, employee well-being, and the foundations of the way we work. As the “RESPOND” phase approaches, one of the key priorities for many companies is to conserve cash and ensure continuity. The COVD-19 crisis […]

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Variable Compensation and Its Relevance in New Normal
Compensation & Benefits

Variable Compensation and Its Relevance in New Normal

Variable Compensation and Its Relevance in the ‘New Normal’ All organizations value their human capital which is the most critical part of any organization’s success. In order to attract and retain talent in a tight volatile market, it’s imperative to offer compelling compensation and benefits packages to its employees. In most of the organizations, employee […]

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