India Inc to match personnel needs with personal plans
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India Inc is gradually moving away from fixed rewards to more differentiated rewards rooted in personalisation including holistic/life stage-based benefits and comprehensive coverage for well-being, according to Mercer Benefit Monitor (MBM) survey report shared exclusively with ET.
ET confirmed with a bunch of companies such as DS Group, Meesho, Yes Bank and Sterlite Power, whose executives said they are chalking out customised initiatives for employees based on seniority, gender and age. Flexibility in some form will also continue for these firms, they said.
Indian conglomerate DS Group has recently developed a robust in-house learning and training platform called Disha, which is tailored to the unique needs of each employee, across all levels.
For 2025, DS Group is looking at personalised development plans and targeted interventions to boost individual, team and overall group productivity, its senior vice president-HR Simin Askari said. Also, it has readied a flagship ‘Luminary Circle’ programme that will identify and nurture high-potential leaders, she said.
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