The markets in INDIA have inclined and many companies are on the profit track. Though we hear that there are recovery from the global economy shock, business and employees still facing few issues like - Salary freezes, less promotions, reduction in benefits and downsizing.
There are change in the nature and complexity of work has changed considerably in past some time. Combine with enhanced social demands work life balance holds significant space. Apart from this flexibility of work and awareness programs also plays an important role in motivation factor. Managing workplace dynamics done via ensuring fairness in the form of equity and Absence of favoritism in hiring and promotions.
This year companies are taking corrective actions to deal with downturn. most of which related to compensation,benefits and growth.
Wednesday, June 23, 2010
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