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The author is Editorial Lead at BW Disrupt, BW Businessworld
India’s projected salary increase is highest in Asia Pacific for next year as optimism returns over improved business outlook in the next 12 months
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While highlighting the critical need for building a positive and hesitation free environment for employees, Raman Kumar Singh said, “It becomes even more important for managers to be empathetic today as it equips them to deal with varied experiences better while continuing to have an engaged and cohesive team, even when some of them are working remotely”
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Highlighting the critical need for sync in the company’s promises and actions, Vibhash Naik, Chief Human Resources Officer, HDFC Life emphasises on seamless implementation of people policies and said, “Walk the talk–if you are talking inclusion, let people recognise that your policies support it. Redraft, recreate, and re-launch policies that have clear communication on inclusion and diversity”
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While speaking about the capabilities of India’s youth today, Paneesh Rao, CPO, Mindtree, asserts, “Industry-academia collaboration will have to be broadened further for it to scale up to the needs of the post-pandemic economy. India already has an edge as the talent hub for today’s digital world”
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The process of campus hiring has absolutely taken a new shape resulting in various challenges and advantages. Around 90 per cent of millennials and Gen-Z do not want to return to full-time office work post-pandemic. HR leaders’ perspective on how the companies would address the issues of Gen Z as they enter the workforce post the recent unprecedented global event
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Out of the 18 sectors analyzed in the report, 17 out of 18 sectors have shown has positive net apprenticeship outlook (NAO). Manufacturing & Engineering (68%), Retail (58%) & Automobile and Ancillaries (58%) are the top sectors hiring apprentices
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Although remote working may have offered a break from the hectic daily commute, digital fatigue and increased screen times have introduced many issues in balancing work and life. Talking on the same lines, Maneesh Menda, Head - HR, NatWest Group India highlighted how companies are supporting employees and also shared the strategies to build a healthier workforce mentally and physically
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Almost 1 in every 3 people personal life is affected due to work stress, results showed from cities like Delhi, Hyderabad and Kolkata. Prominently (89%) people expect employers to implement health and wellness programs and only (75%) are satisfied with what is being currently offered
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Employee attrition is one of the business problems that every employer has to tackle, especially when there is a boom in job opportunities. The IT Industry witnessing the talent acquisition war, on one end companies are offering higher salaries to suitably skilled top talent and on the counter side many existing employees are not the best fit for current demanding tech projects, hence upskilling themselves. And the problem continues…
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Not just employees, even companies are also gaining benefits from it as they can save on a lot of costs, including rent, Utilities (electricity, Wi-Fi), maintenance, equipment, furniture, among others
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