What is salary benchmarking Salary benchmarking is a tool to identify the market value of talent in a scientific way. Companies use it to determine their relative positioning in terms of compensation and benefits in the market. It is a process that tells you where your organization stands in terms of compensation and benefits in… Continue reading Salary Benchmarking – Why a ‘One-size-fits-all’ Approach Does Not Work
Tag: Manufacturing
The Global Manufacturing Dilemma And Opportunities In India
The industrial sentiment around India is very positive and this will certainly lead to companies moving their supply chains to our country. We are in between an unanticipated pandemic that has disrupted the way businesses operate around the world. With almost every industry trying to combat manufacturing challenges and ensure survival with resilience, the changed… Continue reading The Global Manufacturing Dilemma And Opportunities In India
8 in 10 manufacturing professionals willing to migrate for professional opportunities, reveals Catenon India’s latest report ‘Manufacturing in India’
Eight in 10 manufacturing professionals are willing to migrate to other locations for professional opportunities, finds a report by global talent search and consulting firm Catenon. The survey, titled ‘Manufacturing in India: Insights into Human Capital and Locations 2020’, states that India ranks high as an attractive destination for doing business, with its lenient policy… Continue reading 8 in 10 manufacturing professionals willing to migrate for professional opportunities, reveals Catenon India’s latest report ‘Manufacturing in India’
The Global Manufacturing Conundrum: India At The Horizon
As economies around the world work relentlessly towards combatting manufacturing challenges created by China, relocation has become an important consideration for business. The focus of most organisations is now on employees & their wellbeing, understanding business risks and managing the supply chain disruptions caused by the spread of COVID-19. Logistics & supply chain decisions have… Continue reading The Global Manufacturing Conundrum: India At The Horizon
How India can emerge amidst the global manufacturing dilemma
Amidst the global dilemma, many manufacturing opportunities in India are coming to the forefront To say that Covid-19 has disrupted the way businesses operate around the world would be an understatement. With almost every industry trying to scout for new and improved manufacturing opportunities, the new normal has made it clear that a major change… Continue reading How India can emerge amidst the global manufacturing dilemma
The Basics Of Salary Benchmarking And 5 Ways In Which It Can Be Used To Create More Value
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
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