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World of Work

Driving India’s Economic Future: 5 Essential Reforms for Job Creation and Growth

World of Work IEF Editorial Team India Employer Forum May 8, 2024
Reflecting on history, Leonard Woolf’s poignant words in 1967 resonate profoundly: timely actions could have averted much of the suffering that accompanied India’s delayed but inevitable independence. Today, I contend that India stands at a similar juncture, facing a crucial need for five long-overdue economic reforms to ignite the creation of 200 million new formal […]
advantages-and-disadvantages-of-gig-economy

Exploring the Gig Economy: Advantages and Disadvantages of Gig Work in India

World of Work IEF Editorial Team India Employer Forum April 29, 2024
In recent years, the gig economy has emerged as a significant force in the Indian employment market, offering flexibility and opportunities to millions of workers. Gig work in India, characterised by short-term contracts and freelance engagements, has witnessed exponential growth, driven by technological advancements and changing work preferences. However, like any other employment model, gig […]

Empowering Corporate India: Shifting Dynamics in the Labor Market

World of Work IEF Editorial Team India Employer Forum April 25, 2024
The traditional dominance of multinational corporations (MNCs) in India’s labor market has undergone a significant shift, presenting a favorable opportunity for Corporate India. Historically, MNCs enjoyed privileges such as preferred status in prestigious educational institutions, deferential treatment in media coverage, and societal approval as desirable employers. However, perceptions of India’s talent pool have evolved, with […]

The Merits of a 4-Day Workweek in Developing Economies

World of Work IEF Editorial Team India Employer Forum March 28, 2024
In the pursuit of economic growth and societal advancement, developing countries often grapple with various challenges, including unemployment, underemployment, and balancing productivity with employee well-being. As the global workforce evolves and businesses adapt to changing dynamics, the concept of a 4-day workweek emerges as a potential solution worth exploring in the context of developing nations. […]

Nurturing a Culture of Continuous Growth: The Power of Rewards and Recognition

World of Work IEF Editorial Team India Employer Forum March 27, 2024
As we understand the business landscape today, fostering a culture of continuous growth is essential for organisations striving for long-term success. This culture not only drives innovation and productivity but also attracts and retains top talent. However, achieving this requires more than just setting lofty goals; it demands a comprehensive approach that includes nurturing talent, […]

Decoding Happiness: Exploring the Intersection of Economic Prosperity and Personal Well-being

World of Work IEF Editorial Team India Employer Forum March 26, 2024
In the universe of human existence, the pursuit of happiness weaves seamlessly with the quest for economic prosperity. As we commemorate the International Day of Happiness on March 20th, let’s embark on a journey to unravel the intricate connection between these two facets of life. Ruma Batheja, Director of People, Technology, and Transformation at Knowledgetics […]

Green Economy Initiatives and Carbon Zero Goals

World of Work IEF Editorial Team India Employer Forum March 19, 2024
In the face of escalating climate concerns and the urgent need to mitigate environmental degradation, the world is witnessing a paradigm shift towards a green economy. Sustainable practices, coupled with ambitious carbon-zero goals, have become imperative for businesses across sectors. At the forefront of this transformative movement are electric vehicles (EVs), heralding a cleaner and […]

India’s Manufacturing Journey: Embracing the China Plus One Strategy for Growth

World of Work IEF Editorial Team India Employer Forum March 18, 2024
India’s manufacturing sector is charting a strategic course towards sustainable growth by embracing the China Plus One strategy. This approach, which involves diversifying supply chains away from sole reliance on China, has emerged as a key driver in India’s quest to establish itself as a formidable manufacturing hub on the world stage. For decades, China […]

Empowering Women: Strategies for Bringing Them Back to Work

World of Work IEF Editorial Team India Employer Forum March 13, 2024
In the realm of economic empowerment, the issue of low female labour force participation rates (LFPR) remains a significant challenge across the globe. Despite strides in gender equality, women still encounter barriers that hinder their full participation in the workforce. However, addressing this issue is not just a matter of equality; it’s also a smart […]

India’s Manufacturing Renaissance: Leveraging the China+1 Strategy for Global Success

World of Work IEF Editorial Team India Employer Forum February 22, 2024
In the wake of geopolitical shifts and economic uncertainties, businesses worldwide are reevaluating their supply chain strategies. The China+1 approach has emerged as a pivotal strategy for companies seeking to mitigate risks and optimise their manufacturing operations. For India, this presents a golden opportunity to position itself as a premier destination for global manufacturing investments. […]

Empowering India’s Workforce: A Closer Look at Budget Allocations for Education and Skill Development

World of Work IEF Editorial Team India Employer Forum February 20, 2024
In a significant move aimed at fostering human capital development and enhancing the nation’s workforce, the recent budget allocation towards education and skill development stands out as a pivotal step towards realising India’s potential as a global economic powerhouse. The budgetary provisions underscore the government’s commitment to equipping its citizens with the necessary tools and […]
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