Looks like it is `acche din' for the salaried class, more so for those categorized as high performers.With appraisal season looming over the employee fraternity , early signs fromHR practitioners suggest an increase in variable payouts (performance bonuses) this year, on the back of improved business sentiment and need for talent retention amid fierce talent war.
Staffing firm Ranstad expects payouts to be generous this year for high performers.Aditya Narayan Mishra, president of staffing at RandstadIndia anticipates India Inc to be generous in their variable pay purely on the back of improved economic outlook, specially to incentivize those who have displayed high performance. “On an overall basis, the variable portion of the employee benefits will be marginally higher by 5-10% across sectors though companies will differentiate sharply among employee levels,“ Aditya said.
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