As it has been mentioned earlier that under the present context, it is doubtful whether the companies would be able to enhance pay for performance, or to strictly follow the policy of equal pay, it equally creates doubt whether they would be able to fulfill the basic demands of the situation like engaging their employees or garnering competitive advantage from them. There are other views that are doing rounds too.
Monday, 12 June 2017
Sake of survival
Under the circumstance, the market too has become too sluggish, where the demand has significantly diminished than the supply. Consequently, many companies have changed hands and many changed their area of operation just for the sake of survival. Countries too are either suffering from devaluation of their currency or inflation, and consequently, the governments too are out of clue regarding the formulation of the future plan of growth. Overall, the situation clearly providing less returns against any investment, or, in other words, it is forcing the companies to provide more for less!
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