The COVID-19 pandemic has brought to light the importance of a human-centric EVP that supports the overarching needs of the workforce.
By Simon Kent
Recruiting and retaining great talent has never been about one thing. Salary can be important for candidates, but so too can health and well-being support, discounts, and memberships afforded through employment, the social life around work, and the brand image of the business itself. According to Gartner HR research, companies increasingly need to take a holistic approach to what it means to be employed. Bundling these elements under the company’s employee value proposition (EVP), Gartner’s 2021 Benchmarking Survey found only 31% of HR leaders believe their current employees are actually satisfied with what they’re getting from work.
To meet its ambitious economic growth goals, India will need to embrace its evolving workplace demographics.
By Marta Chmielowicz
India’s economy is experiencing a moment of transformation as it faces technological growth, government investment, globalisation, and demographic changes in its workforce. Home to the world’s largest population of youth, with over 600 million people under 25 years old, the country is one of the fastest-growing economies in the world and is aiming to become a $5 trillion economy by 2025—up from $2.7 trillion in 2019.