Transforming compensation and benefits strategies

Transforming compensation and benefits strategies
Keeping all employees, regardless of their location, goes a long way in keeping them happy, engaged and productive. Choosing the right benefits is the way forward in the uncertain and complex future of work.

Remote work was an option for employees for short time periods in only a few companies. But the Covid-19 pandemic has brought remote work into the mainstream. Several organisations were forced to adopt it, rather hastily, when the pandemic hit. Over the past 2 years, organisations have experienced firsthand the many benefits of remote work including productivity gains, cost savings and long-term value creation.

Several employees are looking to shift to companies with more flexible work options when their current employers aren’t able to provide remote work opportunities. Further, experts believe that in the post-pandemic reality, we are headed towards a hybrid work world with organisations having a mix of remote and on-premises workforce. So, there is a higher adoption of remote work among organisations of all kinds.

Today, formal remote work policies and strategies exist as a result of conscious restructuring and redesigning by organisations. This is to ensure the retention of the workforce and its critical talent in the present and in the future.

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Pavithra Urs & Sanjeevv Himachli

currently is Associate Director, People Operations in a Leading Entertainment Company & Sanjeevv Himachli currently is Principal Strategist, HRTales Media Private Limited.

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Pavithra Urs & Sanjeevv Himachli

currently is Associate Director, People Operations in a Leading Entertainment Company & Sanjeevv Himachli currently is Principal Strategist, HRTales Media Private Limited.

Sanjeevv Himachli

Principal Strategist, HRTales Media Private Limited

Oct. 2022 Issue

Diversity, Equity and Inclusion

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