Understanding Salary Benchmarking Salary Benchmarking is a detailed comparative remuneration process – more extensive, more relevant and more detailed than a traditional salary survey. The art of benchmarking is to give you a complete comparative breakdown of the whole compensation package in relation to specific roles – because the basic salary never tells you the… Continue reading The Basics Of Salary Benchmarking And 5 Ways In Which It Can Be Used To Create More Value
Tag: business
Making A Strategic, Operational, or Human Resources Decision? Framework & Information are Both Important.
Basics of Decision Making Most of us will recall from our school and college days – the most complex mathematical equations to solve are the ones where a minor error in an input value will lead to a solution that is away from the right answer by an order of magnitude. Do we continue to… Continue reading Making A Strategic, Operational, or Human Resources Decision? Framework & Information are Both Important.
5 Things To Consider Before Making Capacity Expansion Decisions
Capacity Expansion Decisions are Hard Decisions. Most companies, especially in the manufacturing industries struggle when they are faced with these situations that require significant amounts of investment in capital and leadership bandwidth. And unsurprisingly so, because the frequency of facing such situations is much lower as compared to productivity or efficiency improvement in existing capacity.… Continue reading 5 Things To Consider Before Making Capacity Expansion Decisions
Market Mapping: A Quick Tool for Competitive Advantage
“The most dangerous person is the one who listens, thinks and observes” – Bruce Lee As a sportsman, I have believed understanding your adversary in any sport is paramount to winning. It requires nothing more than detached observation to accomplish this. Business is no different. The importance of understanding the position of other players… Continue reading Market Mapping: A Quick Tool for Competitive Advantage
Greener and Cleaner: The Approaching Electric Vehicles Age
Current State of Electric Vehicles (EVs) The global Electric Vehicles fleet expanded significantly over the last decade, fuelled by supportive policies and technology advances. Sales of electric cars topped 2.1 million globally in 2019, surpassing 2018 to boost the stock to 7.2 million electric cars. ‘EV’ has become a buzz word both in technology and… Continue reading Greener and Cleaner: The Approaching Electric Vehicles Age
The FinTech Sector: An Overview in 2020
“We accept Paytm, GPay & PhonePe.” has already replaced, “All types of cards are accepted here.” in every other shop or store we know. This is how fast the FinTech Market is growing. The above statement is proof enough of its mass market penetration. What exactly is FinTech? As the name suggests, FinTech is basically… Continue reading The FinTech Sector: An Overview in 2020
Diversity & Inclusion Series: Women’s Participation in the Workforce
Circa 1905, “Sultana’s Dream” a feminist utopian story is written by Rokeya Sakhawat Hossain, a Muslim feminist, writer and social reformer from Bengal. She explores the concept of a Ladyland wherein women are able to run everything. The women are aided by science fiction-esque “electrical” technology which enables labour less farming and flying cars; the… Continue reading Diversity & Inclusion Series: Women’s Participation in the Workforce
4 Trends that will shape EdTech in 2021
With the rapid spread of the pandemic, thousands of schools and millions of teachers globally had to switch to remote classes almost overnight. Along with proving to be a dark horse for investors in 2020 with a whopping 223.2% rise in funding than the previous year (Source: Inc42+), EdTech has also made things easier. Trends… Continue reading 4 Trends that will shape EdTech in 2021
Catenon 2021 Hiring Forecast
2020 has been an extraordinary year! Immense positives have emerged in the midst of well documented gloom and tragedies. Adoption on new ways of doing business and technology adoption have been embraced wholeheartedly. Organisational lethargy and bureaucracy have been cast aside for once, in the effort to survive and remain relevant in the future. The… Continue reading Catenon 2021 Hiring Forecast
3 Objectives CHROs Need to Work Towards in 2022
Restarting the workplace as we knew it before the pandemic is going to be a mammoth challenge that awaits CHROs around the world. Although everybody in the professional arena knows that the workplace and workforce dynamic has changed owing to remote work, one cannot ignore the fact that ultimately most of the workforce will need… Continue reading 3 Objectives CHROs Need to Work Towards in 2022