Delhi has to go a long way in becoming a world-class city in terms of quality of living, due to its relatively poor health and sanitation conditions, a recent survey suggests.
The projected pay hike in India is expected to be 11.3 percent, which after adjusted against an inflation of 4 percent, translates into a real salary hike of 7.3 percent.
India's largest exploration firm Oil and Natural Gas Corporation is considering giving 2-3 per cent of its equity shares to workers as employee stock options.
Chief Minister Arvind Kejriwal and his deputy Manish Sisodia are likely to give a tour of the school to the US first lady and brief her about the 'happiness curriculum' introduced by the AAP government, the sources said.
European cities offer the best quality of life.
In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year, Mumbai was ranked 114th on the list.
More emphasis will be on performance-linked packets.
Employees in Asia fare poorly compared with the rest of the world.
Indian cities do not fare well compared to their global peers in the list of best cities.
Faced with a challenging and unfavourable economic backdrop, institutional investors should focus on agility, flexibility and efficiency.
According to the study conducted by staffing consultancy Mercer, organisations are planning to hire aggressively this year, when competition could grow further for right talent.
In 2016, one in two companies is planning to increase head count with hi-tech, shared services and life sciences leading the pack
Rediff.com encapsulates all the sporting action from the past week in this eye-catching photo feature.
HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
Executives in India are likely to take home a fatter salary than their peers across Asia this year as average base pay for heads of organisations in the country are likely to rise by 8.3 per cent, says a report.
Though Bengaluru has been ranked as India's best city, it has been placed at 141st position worldwide.
European cities are the best places to live in, finds the Mercer survey.
The survey covered 214 cities across five continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment.
With exorbitant executive payouts attracting severe criticism in the wake of the global financial crisis, most banks have reworked their compensation structures, especially cutting down bonuses, a survey by HR consultancy Mercer says.
A recently published Cost of Living Survey from Mercer is full of surprises.
With economic slowdown casting a shadow on profits, companies may increasingly turn towards offering flexible benefit programmes to employees, among other measures, for managing costs and attracting the right talent, a survey by global HR consultancy Mercer says.
In one of the first surveys of homegrown companies that are expanding globally, human resource consultancy firm Mercer has identified the latest international assignment policies for managing a globally mobile group of employees and the challenges faced by employers. "Some of the most common challenges faced by employers of international assignees are those regarding competitiveness of expatriate packages, issues with different tax structures and of overall cost containment.
Of those employers granting base pay increases, the average increase is expected to be 2.7 per cent in 2010, down from an actual 3.2 per cent in 2009.
Mumbai is one of the most expensive cities of the world along with Hong Kong and Singapore.
Indians enjoy the highest number of holidays in a year but they figure at bottom when it comes to the number of paid leaves, says a survey.
As many as 65 per cent of the 233 companies surveyed across the region plan to provide base salary hikes for executives, compared with only 30 per cent in 2009.
The threat of a terror attack remains low for the Vancouver Winter Olympics with only a small contingent of demonstrators expected, the head of security for the Games said on Wednesday.
According to the Worldwide Quality of Living survey 2010 for 221 cities globally, Bengaluru remains the best placed among Indian cities in the global list at 140th rank this year, an improvement from its 142nd rank in last year's list.
While European cities dominated the top ranks in Mercer's 2009 Quality of Living survey, no Indian or Chinese cities featured in the list of top 50.
Strengthening rupee and growing aspirational demand has made four Indian cities -- Delhi, Mumbai, Bangalore and Chennai -- increasingly expensive for expatriates to live in, a latest global survey says.
'Total rewards' is a talent management strategy sketched around three factors -- compensation, including basic pay and incentive; benefits inclusive of retirement plans and work-life programmes; and careers which incorporates stretch assignments, training and development and other opportunities within the country.
Of the 48 Indian companies surveyed across 22 sectors, 69 per cent don't anticipate a freeze on base salaries in the next 12 months as a result of the recent economic events though most of them expect options to be re-priced, according to a new report by consulting firm Mercer.
Majority of companies in the country are trying to be selective in planning the workforce, compensation and benefit cuts for 2009, while they anticipate a decline in their company's business performance next year, according to global HR consultancy Mercer.
A top Member of Parliament in the UK has asked if the government knew about the US missile strike in Pakistan which killed an on-the-run militant from the UK.
As Boomers leave the work force, there are not enough Gen-Xers to take their place, a report has revealed.
CEOs must answer this question from employees if change initiatives have to be successful.
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