Hot Topics

Latest insights on Human Resource and Workforce related topics in India and articles from HR thought leaders at Aon.

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. Companies, reeling under the Covid impact, are reviewing potential changes in the salary structure by running various models to comply with the wage code and determine compensation costs.

Read More

The Economic Times