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What a last couple of weeks it has been! The Covid- pandemic has been unprecedented in terms of th...
See-saw sacred ownthe downturn certainly doesnt stay down! As I jogged in the park, my eyes fell o...
Why flexible leadership overrides experience in dynamic times Leadership faces several challenges, p...
While the disruption caused by Covid-19 pandemic is unprecedented and will likely have serious economic consequences, start-ups in India have also been experiencing headwinds in terms of a slowdown in India’s economy over the last 2-3 quarters. Many younger entrepreneurs, investors and other stakeholders have been reaching out to me over the last few weeks […]
No one alive has experienced a global crisis like the Coronavirus and its unprecedented impact on personal and professional lives. Personal and family health will always have priority. We all mourn with those that mourn and we take care of our loved ones. However, with a global time out -caused by travel restrictions, social distancing, closed restaurants […]
Total Rewards is a key instrument to attract and retain talent. But it is also one of the major areas of concern for both employees and employers. Employees think that remuneration hardly commensurate with skills, experience, efforts, and output and for employers, it is not viable to offer cash to meet employees’ expectations. It’s the […]
Today’s talent landscape is powered by Digitization, Artificial Intelligence and Machine Learning are the biggest disruptors; accompanied by a plethora of challenges with predictability being the biggest talent challenge. Unlike previous eras talent, today comes with multiple definitions and varying expectations and employers globally are in a continuous effort to “get it right” for a […]
There has been a steady growth in GCCs in India over the past decade. The growth coupled with changing the technology landscape has posed significant challenges for GCCs. The tools and processes which are currently beings used may become obsolete in the near future thus making the current skill sets redundant and creating a need […]
In this dynamic world, where massive changes are happening in the environment, it’s time for us as Rewards Leaders to start rethinking about moving away from the traditional rewards mechanism and proactively plan, for the future. As we enter a new decade and 2030 appears on the horizon, the world is at a crucial juncture. […]
The Compensation strategy relates to the Compensation Philosophy of the organization. The strategy needs to clearly state the key strategic behaviors and values, which are in alignment with the Organization’s Core values. (Value and behavior which are guidelines for the Human Resource strategy of Hiring, Training, and development, Performance evaluation and Engagement.) Robust Integration of […]
PayPal India has announced the launch of its new employee benefit plan, ElderCare@PayPal. According to the company statement, ElderCare is an in-house curated programme that facilitates holistic wellness for employees ’ parents and parents-in-law. These parents may or may not be living with their children, may not have access to proper health and well-being services […]
The following stories are inspired by 2 real-life incidents. The names and situations have been changed to respect and protect the privacy of the individuals concerned. Scenario- 1 Avik has been the star performer at Big World Corporation from the time he joined. He clearly remembers the day BWC had come to his college campus […]
The Gen-Z population often referred to as Gen Zers, is the generation born between the late 90s and late 2010s and account for almost 35% of the workforce population. This high-flying generation can be spotted in casuals with smart wearables around their wrists and necks, they care about the world and aspire to save the […]
The social contract through which organizations motivate and engage individuals to expend discretionary effort is through what we have now come to christen as Total Rewards. Organizations look to reciprocate the value that employees bring to the table through the elements of compensation, benefits and a host of other elements that have evolved into reality […]
Total Rewards Optimization, “From Motivation 2 A Model 4 Emulation” As the field of Personnel Management evolved beyond just the 3Rs (Recruit, Retain, Retire) in the last few decades to Human Resources Management with key verticals such as TA, PMS, TMS and especially C&B (Compensation & Benefits) made significant contributions to the organisations, in the […]
