Author: Ananya Mehrotra
-
Walmart’s Compensation Strategy to Retain Talent
When the employee attrition rate increases for companies with high turnover costs, one of the many changes they can implement is a modification in compensation. This could involve simply increasing the base salary or altering the pay mix strategy. The…
-
Kai Group’s Strategic Expansion in India: Boosting Razor Production
Kai Group’s Expansion in India Kai Group, a Japan-based manufacturer of personal care products and kitchen equipment, announced an investment of 300 million yen (around Rs 17.17 crore) to expand the production capacity of its manufacturing facility in Neemrana, Rajasthan.…
-
Quick Exits: Challenges of Fresher and Infant Attrition
Deloitte’s Campus Worforce Trends Survey Report revealed infant attrition rates as high as 25% for top MBA hires. The primary reasons for high attrition include unmet expectations, lack of proper mentorship, and insufficient career growth opportunities. Freshers often feel disconnected…
-
ADP’s “People at Work” Report: Six Key Findings Shaping HRM Trends
Earlier this month, The ADP Research Institute released its “People at Work” report, based on detailed survey responses from over 34,000 workers across 18 countries. The report highlights six key findings regarding worker demands and HRM trends. These metrics are…
-
EU-China Trade Tensions
Context: Earlier this year, the EU launched investigations into China’s state support for its wind turbine and solar panel suppliers. These probes aimed to determine whether Chinese subsidies were creating unfair competition for EU manufacturers. The investigations cover imports in…
-
India’s Labour Market Trend – Dec 2023
In December 2023, formal job creation in India saw a modest uptick, with new monthly subscribers to the Employees’ Provident Fund (EPF) reaching 840,584, a 10% increase from November. Notably, young adults aged 18-28 constituted 67.17% of new subscribers, indicating…
-
Wage hike refused by LIC employee unions
The employees’ union of LIC has rejected the government’s offer of a 14% wage hike, demanding at least a 25% increase. Citing the company’s strong financial performance, All india national life insurance employees federation (AINLIEF) along with other unions of…
-
Britain’s Wage Dilemma: Balancing Growth and Inflation in the Face of Economic Uncertainty
Towards the end of 2023, wages (excluding bonuses) increased by 6.2% in Britain. Despite the concerns of the economy entering a shallow recession, this is only a slight decline from 6.7% growth in the previous quarter. It can be attributed…