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Aon appoints Pothen Jacob and Surya Shekhar De in its senior leadership team

13 May 2021  by   The Economic Times

acob joins Aon to lead the Executive Compensation & Governance Practice for India and Shekhar De joins Aon’s Human Capital Business to lead the Financial Services Sector in India.

How BFSI sector is looking at performance evaluation of its employees

16 Apr 2021  by   The Economic Times

Roopank Chaudhary, Partner and Chief Commercial Officer - India & South Asia, Aon, said, “Bonus for 2020 - paid out in 2021 - showed a drop from 19.3 per cent of fixed pay in 2019 to 16.8 per cent of fixed pay in 2020. This is expected to recover for 2021 as per the early indications.”

CEOs and CXOs in India to get 6% pay hike in 2021: Aon survey

15 Apr 2021  by   The Economic Times

As per the median projection, CEOs are likely to draw a compensation, a mix of fixed and variable, of ₹4.36 crore compared with ₹3 crore in 2018-19 for businesses with turnover of ₹10,000 crore.

Second COVID wave postpones firms' reopening plans; transition to office plan to be slow, staggered: Experts

11 Apr 2021  by   The Economic Times

Corporate India's return to office plan is likely to be staggered as the pandemic will continue to provide challenges. In a bid to ensure continuity and productive output, companies will have to provide convenient locations, latest technology and allow flexibility in tandem with evolving circumstances, they said.

Indian IT’s mega offices will outlive the pandemic

08 Apr 2021  by   Quartz India

Home to almost 30,000 employees, Infosys’ headquarters on the outskirts of Bengaluru is a mini-city of sorts. Spread out across 81 acres, the distributed low-rise campus has 4.2 million square feet of built-up space across several buildings.

A restructuring of your salary package impacting your take-home is on the cards

21 Mar 2021  by   The Economic Times

According to a February 2021 report, come April, you could see a restructuring of your salary package with a retrospective increase in gratuity and leave encashment provision impacting your take-home, and raising compensation costs for companies as the new wage code comes into effect.

Inside the mad scramble to comply with the new labour codes

16 Mar 2021  by   Mint

Under the new code that is set to be implemented in the next fiscal year, the role of contract workers and fixed-term employment will see a drastic change.

National floor level minimum wage: Leave the balance to be decided by state governments, urge industry experts

06 Mar 2021  by   The Economic Times

The Code on Wages prescribes a statutory floor level minimum wage for the country. The intent is to roll out the four labour codes from April 1 this year and hence the need for determining the minimum floor wage at the earliest.

Flexi work-week and issues of productivity

05 Mar 2021  by   Business Line

Many experts are of the opinion that increasing the working hours will not necessarily yield more.

Urban jobless rate falls below 7% for the first time in 2 years

02 Mar 2021  by   Hindustan Times

Urban joblessness fell to 6.99% in February from 8.08% in January, according to the Centre for Monitoring Indian Economy (CMIE), mirroring the gradual revival of the economy.