The prosperity of a nation is not solely measured by its GDP; it is equally linked to the wellbeing and happiness of its people. Implementing policies that support employee growth and satisfaction can significantly enhance the overall economic development of a country.
Many employees dread performance reviews and consider it downright unhelpful. But you shouldnt treat it trivially as appraisals reflect your past and future prospects. Here's how to get the best out of them
As a labour-intensive industry, the success of hospitality businesses heavily relies on a skilled and dedicated workforce. The Union Budget 2023-24 allocated US$ 290.64 million to the Ministry of Tourism, signaling the government's recognition of the sector's need for job creation.
The construction sector, a cornerstone of the national GDP, faces significant hurdles due to a severe shortage of skilled labour. In response, robust training programs have been established to equip workers with the necessary skills.
India is moving towards replacing the minimum wage with a living wage, a more comprehensive measure that considers the actual cost of living and aims to ensure a dignified standard of living for workers and their families.
Microsoft's $1.7 billion investment in Indonesia includes a major skilling initiative, targeting 840,000 people with technical and vocational AI training
Megha Goel, CHRO at Godrej Properties shares how meeting the evolving needs of talent with effective rewards and recognition programmes also ensures better engagement, productivity, and retention.
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