As any HR manager dealing with the subject quickly discovers, there is no template for designing or running the perfect employee benefits scheme. Each workplace will demand different solutions, and so-called best practices aren’t always the perfect solution for every employer “One size does not fit all!”
The purpose of this book which is created after dealing with many of our clients in different sectors and after implementing many strategies in our own company is to help understand and rationale involved in deciding the structure of Employee benefit policies.
Group health insurance increases employee wellness and productivity to a certain extent while keeping the other factors constant. Employee productivity cannot be measured directly as it involves many factors contributing to an employee’s productivity. These factors could be organizational culture, perks and salary benefits, job role, team cohesion, reporting supervisor, and employee benefits such as […]
Employee engagement is the degree to which an employee feels a bond or connection to his or her organization and is actively engaged in work.
The Employees State Insurance Corporation (ESIC) is a statutory body under the Ministry of Labour and Employment, Government of India. Employees earning less than Rs.137 per day are exempted from payment of their contribution.
With employment opportunities galore and an open war for talent, employers are trying to find innovative ways to win over the 60% of the population that is under the age of 25. Indian companies historically have provided employee benefits such as health coverage, leave benefits and statutory retirement programmes. These were fairly standard in old […]