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Latest Articles in Compensation and Benefits

The State Of Employee Benefits 2024: Plum

India Inc investing in employee benefits despite constrained budgets and rising premiums - Median insurance coverage up 66 per cent, Preventive healthcare usage jumps 110 per cent, Flexible benefits adoption doubles

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Navigating Appraisal: Bridging Employee & Organisational Perspectives

"By fostering open communication, mutual understanding & a culture of collaboration, organisations can bridge the gap between employee aspirations and organisational goals, unlocking the full potential of their workforce," says Sankar Sundaralingam, Director- HR, BMW Group India

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"Employees Will Now Be Entitled To 10 Days Of 'Sad Leave' Per Year," Yu Dong Lai

This isn't the first time Fat Dong Lai has garnered attention for its employee-centric approach and associated benefits

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What Is Swiggy's 'Paw-ternity' Policy For Employees?

This progressive policy grants employees an additional paid day off, in addition to their standard annual leave entitlement, to help them accommodate their pets into their homes. It will also introduce bereavement leave for employees who experience the loss of a beloved pet

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Average CEO Compensation Stands At Rs 13.8 Crore: Report

As per the report, this figure is up by 40% compared with pre-COVID-19 levels

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SIDBI Partners With KarmaLife For Micro Loans To Gig Workers

This streamlined process will make it easier for gig workers to manage liquidity needs of their enterprise activities

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Salary Hikes In Senior Level Job Moves, Expected To Reach Average 20%: Survey

Notable surge in the need for professionals skilled in data analytics, generative AI, and machine learning across various sectors

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Pilot Compensation Dispute Sparks Flight Cancellations At Vistara

Recent reports indicate that at least 15 senior first officers resigned due to disputes over pay revisions. Some pilots are discontent with the airline's new contract, which reduces their compensation

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Wage Revision, Pension Liability Increases Cost-To-Income Ratio Of PSBs: Report

A CareEdge ratings report cites heavy expenditure on technology, branch expansion, wage revision and pension liability as some of the reasons for the increase in the cost-to-income ratio

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McKinsey Offers Staff 9-Month Severance Pay To Quit: Report

Managers within the UK division have been presented with the option of dedicating up to nine months to a "job search" period. During this time, they are permitted to focus on exploring new job opportunities without the obligation to participate in client projects, as per reports

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