The female workforce in India remains much smaller (at 32 percent) compared to the opposite gender. In this article, we look at ways in which companies can achieve greater gender diversity in their workforce, ultimately helping their bottom line in the Indian market.
The latest issue of India Briefing Magazine, focusing on Hiring, Terminating and Terminating employees in India, is out now and available to subscribers as a complimentary download through the month of March.
In this article we look at two bills that were passed to help foreign companies resolve disputes. This is expected to further help India move up in the World Bank’s Ease of Doing Business report.
The newest issue of Asia Briefing magazine, titled “China, India & Vietnam: Setting Up in Asia’s Investment Hotspots”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
Payroll confidentiality is difficult to maintain in Indian workplaces. For many SMEs in India, payroll support services are a business-critical function.
Foreign companies should begin preparing for labor reforms at the state level in the coming year. Following national labor reforms in November 2014, public and private interest groups have renewed calls for labor reforms in 2015.
India’s Provident Fund Scheme (PFS) was amended several times in 2014, particularly following the election of Prime Minister Narendra Modi and his BJP party in May. Recent reports indicate further changes to the PFS have now been proposed and are in the pipeline to be implemented this year.
The average Indian salary in 2015 will be much the same as in 2014, according to two recently published reports on income trends in Asia. Findings show that while the overall average salary in India will rise by around 11 percent, inflation will cut the increase in “real terms” to around 3.5 percent.