Compensation is a key factor in an individual’s choice of career paths, particularly at the junior levels. As the year draws to a close, HR professionals around the world are united in facing compensation-related quandaries, particularly in terms of increments for the coming year. At the same time, with attrition rates still elevated across sectors, companies are struggling both to hire new talent and to retain existing employees.
A recent India CHRO Forum session in Delhi, organised as a free-wheeling peer-to-peer exchange, brought out learnings, perspectives and best practices. This podcast summarises these discussions.