Spring is in the air, and we do hope that it lifts your spirits!

 

The 2022-2023 Union budget will provide positive momentum to both infrastructure and employment and continue to position India as a large growing economy. Leaders, talented employees and a whole new set of skills are likely to see enhanced demand in an already talent short market. Retaining leadership talent is going to require a long-term outlook and rewards will play a critical role in both existing and emerging businesses. Employees across the board will demand value, flexibility and sustainable lives. We predict that People will continue to dominate the board’s and CEO’s agenda, and the role of the CHRO will be most vital for the organization’s strategy and success.

 

Globally, our coveted research “Global Talent Trends 2022” is getting ready, to be released soon. We are looking forward to seeing what is top of mind for business and HR leaders, and employees and what the future holds for the HR profession. We will be delighted to invite you to our webcasts and to discuss the findings and outlook with you.

 

We hope you will find the newsletter enriching. Do share your comments, views at mercerindia@mercer.com we would love to hear from you.


Shanthi Naresh
Partner | Career Business Leader
Mercer India 


Long-term incentives are evolving: What do startup leaders need to know?

 

Mansee Singhal shares insights on how the COVID-19 pandemic has sparked immeasurable shocks to the business landscape with looming uncertainty, accurate revenue projections are nearly impossible. Read how this uncertainty has caused more organizations to develop or re-examine long-term incentive (LTI) components of the CEO compensation package rather than bolster short-term compensation. 

Leading the People Function | Five key attributes of Chief People Officers

 

The role of the CHRO/CPO has undergone a massive transformation. A spotlight has been placed on this role as it's carved out a strategic seat at the C-Suite table. All CPOs, whether newly on the job or seasoned professionals need to skill up and pay attention to the people agenda.

Pre-register | Global Talent Trends 2022

 

Find out 10,910 voices had to share. Discover how organizations are taking advantage of the opportunity to redesign work, working and the workplace. Pre-register to ensure you don’t miss out Mercer’s Global Talent Trends 2022..

Employee benefits accounting under INDAS19, AS15R

 

As an employer you would be ready to kick start the process for the fiscal year end 31st March 2022. For employee benefits like Gratuity, Leave you would need an actuarial valuation to report under Indian accounting standards. Leverage Mercer India, a leading global provider of actuarial and pension consulting services, with an established practice in India to help you comply with all required financial information. Enabling organizations cover all kinds of employee benefits valuation incl. Gratuity, Leave, Exempt Provident fund, Post retirement pension or medical, sick leaves, various service or stock awards for employees. With persistent uncertainties around Labor codes, Impact of Covid, Mercer is well positioned to give you a holistic advisory that helps you identify & mitigate financial risks associated with these benefits.

 

For more details contact Sanil Nair or Soumi De Bhowmick

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COVID-19 pushed organizations to leave behind their exclusive focus on growth, efficiency and return, and pivot to resilience, flexibility and agility—democratizing work more than ever before. Find out, how to seamlessly connect talent supply to project demand—while meeting employees on their terms.

Future Skills & Future Jobs | Survey Report

 

Leverage our latest Insights on the skills companies expect to be most and least important to them over the next three years.  This report aims to help bridge that gap, providing organizations with the wider market knowledge they need to make informed decisions around skills assessment, career development and workforce transformation.

Are Teams Better Than Individuals at Getting Work Done?

 

When it comes to getting work done, two heads are better than one. Except when they aren’t. Latest study from Wharton professor of operations, information and decisions Duncan Watts digs into the question of whether it’s better for employees to work in teams or alone — and the answer may be surprising for managers trying to figure out the best way to assign tasks.