McKinsey & Company forecasts that by 2030, 70 per cent of the 90 million new jobs anticipated in India will fall under the category of blue-collar roles
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Median insurance coverage up 66%, Preventive healthcare usage jumps 110%, Flexible benefits adoption doubles
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The Tata Group product is in the process of merging Vistara into Air India
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Unlike traditional promotions, where employees receive a salary increase along with a change in job title, dry promotion entails elevating an individual's position without a corresponding boost in pay. Essentially, while the employee's responsibilities and workload escalate, their compensation remains stagnant
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In a lawsuit filed in a US court, an employee claimed that TCS exhibited bias towards H-1B visa-holder employees of Indian/South Asian origin while targeting older American workers for termination to make room for Indian nationals and "freshers"
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This decrease follows a consistent trend of decline over the past two quarters, with the company reporting a net fall of 5,680 employees in Q3 FY24 and 6,333 employees in Q2 FY24
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"Going forward, HR leaders will likely focus on further enhancing employee engagement, fostering a culture of continuous improvement, and prioritising employee well-being," says Bijender Vats, Global CHRO, Crystal Crop Protection
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The report says women control about 20 per cent of the Industry assets under management (AUM)
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