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DIVERSITY
A PwC report says improving workforce diversity is important for 90 per cent of Indian CEOs, which is significantly higher than the global average of 82 per cent, China (84 percent) and Russia (51 per cent). The report also reveals that by 2030, the wage gap between developed economies and some emerging nations would have been bridged significantly. However, India and Philippines will still enjoy significant difference in wages when compared against mature markets.
HUMAN RESOURCE
Employees as brands
Here’s a new brand on the horizon – the humble employee. A report by the Boston Consulting Group says that employees have become an essential component of brands, Antonella Mei-Pochtler, lead author, said, “Brand experiences are now largely shaped by the people on the front lines who interact daily with customers, who have rising expectations. Employees have become, in effect, brand ambassadors.” Now, that should make employees puff out their chests with pride!
LEADERSHIP
P&G on top For the second consecutive year, Procter & Gamble topped the list of Hay Group’s annual Best Companies for Leadership study. It was followed by General Electric, Coca-Cola and IBM. The study ranks the best companies for leadership around the globe. A key finding from this year’s study was that 80 per cent of the top 20 companies had established clear career paths for their employees, compared to only 48 per cent of all other companies.
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