What will the compensation and benefits landscape look like in the next five years?
BM The compensation and benefits (C&B) landscape in India is poised for significant transformation over the next five years driven by evolving workforce dynamics, economic conditions, India’s position in the global business ecosystem, regulatory changes, and the technological revolution. Employers will soon be increasingly focused on finding innovative ways to attract and retain top talent in a highly competitive job market.
India is growing rapidly and is projected to be 3rd largest economy globally in the next five years. In an increasingly volatile and uncertain world where both economic and geopolitical forces are in flux, the C&B landscape will remain extremely critical.
The demand for skilled professionals will continue to rise, especially in specialized fields. While the supply of untrained talent remains abundant, organisations will face mounting pressure to source and retain experts with domain-specific skills. At the...