Culture, not pay alone, will attract CXO talent
Jan 4, 2024According to a survey, the top three factors that a CXO hunting for a job in 2024 will look for are company culture, potential for growth and empowerment (see graphic). Compensation comes fourth, finds the survey conducted by global search firm Executive Access among 225 CXOs/CEOs across industries and geographies. On the other hand, top traits that organisations want to see in talent are adaptability, growth mindset and resilience. The demand for top talent - which is adaptable and can deliver in any environment - is tied-in with India's standing globally.
Race for talent: Salaries go up in turbulent year
Dec 28, 2023Consultants, AI specialists, cloud engineers, and marketing gurus took home the highest average pay in 2023, according to a report by Randstad India. Professional services emerged as the top-paying industry, followed by internet & e-commerce sectors and IT-enabled services. Energy & utilities and retail, FMCG & FMCD industries also offered competitive salaries. Bengaluru topped the charts in salary pay-scales across all levels, followed by Mumbai. The report predicts continued growth in salary trends for 2024.
FMCG companies eye demand recovery as prices cool
Dec 27, 2023FMCG companies are looking to put a tough year behind and are expecting consumer demand to improve in the New Year. Industry experts said that price reductions by players in the fast-moving consumer goods industry will help boost demand. The year 2023 has been a rather difficult one for major FMCG companies as they struggled with volume growth while fighting to guard their market share from local players that mushroomed as inflationary pressures cooled off.
Sleeping beauty: How skincare & wellness is blending
Dec 25, 2023Consumers are recognizing the connection between beauty and overall well-being, shifting their focus beyond external appearance. Market research shows that lifestyle factors such as stress, lack of sleep, unhealthy diet, and physical inactivity negatively affect skin health. Indians prioritize getting enough sleep and eating healthily to prevent signs of aging. Brands have the opportunity to tap into the mind-body connection trend, with products that promote holistic wellness. Studies show that sleep deprivation affects facial skin parameters.
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