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Understanding the Salary Structure in India

Salary is a monthly remittance undertaken by an employer in favour of their employees as compensation for all the wor

Top 5 Must-have Digital Skills For HRs

In an all-digital world, it’s only normal for company stakeholders to expect the HR department to be highly tech-savv

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17May
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Body Remote working has been the latest modification in the way businesses operate. Earlier, it was a luxury for the employees to work remotely, but it became a necessity in the past couple of years and might become a norm in the future. It will eventually give exposure for talents from tier 2 and tier 3 towns more opportunities by enabling flexible working, which would not mandate them to migrate. As talent boundaries expand due to the current scenario of working from home, organisations need to focus on being inclusive in their compliance approach by promoting flexible working. The business world might witness the much-anticipated unified labour code roll-out in 2022, which will simplify compliances. A close working of human resources and information technology has always been a boon for the organisations, and it has grown drastically since 2020, considering the hybrid working models. It becomes more crucial for HR and IT to collaborate as more technology influences how employees perform their jobs. Organisations need to focus on promoting leaders to manage change, identify new opportunities, and execute new strategies in the currently evolving business environment. Businesses have started recognising the value of skills in terms of leadership development for a broad range of managers. In 2021, businesses witnessed a higher turnover of employees because of industrial expansion, which resulted in a sudden decline in talent demand. As per the estimates, in 2022, organisations will avoid buying talent from outside and focus more on building organic talent. Share on: */

Performance Management for Business Strategies

The corporate world is defined by processes and tools that help manage every aspect of a business in a bid to ensure

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11May
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Body As per a recent study conducted by Tracking Happiness, the employees seem to be less happy when it takes more time to commute to work. The survey stated that more than 25% of employees travel less than 10 minutes to commute to work. About 15% travel less than an hour, whereas 10% travel for less than 50 minutes to reach their workplace. About 2% of the employees travel less than 90 minutes to work. The average travel as per the survey comes to 40 minutes. The data provided is for the one-way commute to work. A negative correlation is evident after the comparison between commute times and average employee happiness scores. The data revealed that the employees' happiness decreases if the commuting time is more. The study even revealed that the average happiness scores remained relatively stable when the commute time is less than an hour. However, if the commuting time exceeded over an hour, then the happiness scores fell drastically. Another declaration of the survey states that remote work arrangement makes the Millennials happiest. The survey included responses from 12,455 respondents, and most of the young people from them appeared to be happy with the remote working arrangement. The study revealed that millennials who were allowed to spend an extra day working remotely seem to show signs of increased happiness by 4% at the workplace. The data even revealed that the youngest and oldest generations are the happiest at work. The study even concludes that the return of the work from office set up after two years of work from home has reduced the happiness of the employees. Share on: */
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10May
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Body Lieutenant Governor of Jammu & Kashmir has announced that minimum wages of daily wagers, as well as casual labourers, have been increased from ₹ 225 per day to ₹ 300 per day in the state. The hike will apply to all government departments. The decision is still temporary, but the formal revision of the wage rates would be decided by the Department of Labour and Employment. A significant sector of the workforce from the government departments, municipalities and local bodies would be benefitted from the revision rates. Prior to the proceedings of the revision, the state government’s Labour and Employment Department will evaluate the current minimum wages in other states and Union Territories. The process is estimated to take three months to complete. In North Bengal, Tea trade unions are looking forward to protesting via strikes, rallies and dharnas to make sure that the government notices their condition and acts accordingly to fix a reasonable minimum wage for the State’s tea industry consisting of over three lakh workers. Although tea planters’ associations held several meetings and discussions to address the issue, but results were futile. Tea planters are still not clear as to why the basics such as food, clothing and shelter are not considered while calculating the minimum wage. The Tea union has even indicated an industry-wide strike if the authorities fail to make a relevant decision. Share on: */

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