The study showed that stress due to financial cash flows, fear of failure and disagreements with partners or family members are the top stressors, irrespective of their age and years in business. Majority of the respondents (40%) were in the 40-50 years age group, while 34% were in the 30-40 years age group.
The mandate, intended to motivate the top management and make it more responsible, may instead end up reducing the lure of banking sector among domestic and global professionals, some experts warned even while others welcomed the new pay guidelines based on “pay for performance principle”.
To begin with, BoB brought the entire set-up under a four-tier structure that it originally had, created more zones and regions, and adopted a unified reporting structure. “This exercise we did in April helped smoothen the other business processes and systems that had to be aligned,” said Roy.
Organisations have become better at planning their talent needs strategically rather than responding tactically: Mario Ferraro
Many Asian organisations still work with a limited number of policies, relatively fewer assignees, less segmentation and typically most of the assignees are from headquarters.
The report examines the role immigration in fueling productivity and growth, the need to support international mobility of talent across borders, and the critical role business schools play as gatekeepers to skilled immigration and talent development.
Startups are looking for senior executives to help them scale and expand, having attracted a rush of investors as they remain unscathed by the macroeconomic headwinds.
Several leading firms are trying to make their workplaces plastic free with sustainable alternatives without affecting convenience or comfort of employees.
Talent acquisition will be one of the key areas of focus and we are focusing on the whole candidate onboarding experience.
Reasons for rise in reporting attributed to greater awareness of PoSH rules and corresponding efforts made by companies to make the workplace safer for women.
Psychiatrists and psychologists now have more callers who complain of work stress and fear of losing jobs.
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