Deepak Dhawan, founder CEO of Talentonic, said, “The way the HR community in India has dealt with the crisis has been remarkable. They have been on ground zero of the great reset and the role of HR and future challenges have emerged.”
Despite severe impact on revenue and cash, the display of compassion and community outreach have produced a spontaneous level of commitment and loyalty from employees, and job cuts and salary adjustments have not been as widespread an occurrence as originally apprehended. This was revealed at the CII study ‘Reimagining the Organisation for the New Normal: Role of HR’, conducted in partnership with Talentonic, the HR solutions major.
Prominent insights from it include:
- Reducing headcount has been given seventh priority out of 13 when it comes to what actions were taken to deal with the Covid-19 crisis;
- Reducing or postponing salary or other payouts has been given the ninth priority out of 13 when it comes to what actions were taken to deal with the crisis;
Source: Financial Express
