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Success of labour codes depend on how rules are framed, implemented, says expert

18 Oct 2020  by   Outlook India

The recent government regulation to subsume multiple labour laws into four codes is a major reform but the overall success of the labour codes would depend on how the rules are framed and implemented on the ground, says an expert. Parliament in its just-concluded session passed three labour code bills: the Industrial Relations (IR) Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code (OSH).

Board members need to be laser-focused on pay for performance for executives: David Knopping, president, Aon

27 Sep 2020  by   The Economic Times

The Covid-19 pandemic has had a profound impact on how companies manage their workforces and it will eventually drive changes in compensation strategy, said David Knopping, president and head of global rewards solutions at professional services firm Aon.

Fee cuts for outside directors: Tread with caution

04 Aug 2020  by   Forbes India

At upcoming AGMs, fees for non-executive directors will be tabled. How should companies balance between shareholder alignment and fairness?

Make this downturn your springboard

01 Aug 2020  by   People Matters

The real challenge for CEOs and Boards is – aligning or repositioning the organization on the critical (often competing) behaviors and activities that are required to meet the performance requirements of the current business, while reinventing (sometime dramatically) to be successful in the future.

‘Options’ on the Table – Dealing with Underwater ESOPs in the Current Scenario

02 Jul 2020  by   The Economic Times

Aon’s Executive Compensation Survey 2019-20 revealed that over 70% of the organisations in India have some form of Long-Term Incentive (LTI) as part of their management compensation package.

EPF contribution at 10% likely to push up your take home by only 1-2%

30 May 2020  by   The Economic Times

As per the analysis, a 4% gross increase of basic wages due to reduction in EPF contribution to 10% for both employers and employees for May, June and July 2020 may not make a material difference to an employee.

Aon Campus Study: Hiring Moving Towards a Muted Growth?

13 Feb 2020  by   Aayush Jain & Pashmina Uberoi

Aon launched the Aon Campus Study 2019-20 to understand the campus strategy and compensation philosophy adopted by companies across different campuses.

A day in the life of a Rewards professional during the salary revision cycle

15 Mar 2018  by   Gaurav Gupta

*RemLinkTM is an automated end-to-end compensation management solution powered by Aon. It aims to automate the salary review process and eliminate the dependence on spreadsheets and manual interventions. It also enables end-to-end compensation analytics, management and administration right from budgeting, matrix calculations, salary increase deployments, workflow tracking to letter generation and communication.

Compensation and Benefits Professional? Are these your typical conversations during salary revision cycle?

15 Mar 2018  by   Gaurav Gupta

*RemLinkTM is an automated end-to-end compensation management solution powered by Aon. It aims to automate the salary review process and eliminate the dependence on spreadsheets and manual interventions. It also enables end-to-end compensation analytics, management and administration right from budgeting, matrix calculations, salary increase deployments, workflow tracking to letter generation and communication.

Is it Time to Give a Pink Slip to Spreadsheets in Compensation & Benefits Management?

14 Feb 2018  by   Gaurav Gupta

As per the Talent Analytics 2017 study published by People Matters, “75% of the organizations still use spreadsheets. Going forward, organizations would increasingly need to shift to cloud-based or dedicated offline analytics software for HR, just like they are doing for their core business functions.”

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