Salary hike: No hikes, but more perks and performance-linked

Salary hike: No hikes, but more perks and performance-linked pay for blue-collar workers


Synopsis
Companies in ecommerce and logistics are reducing their fixed costs by not hiking salaries and, instead, giving out bigger performance-linked incentives, according to recruitment firms such as Betterplace, Waah Jobs, TeamLease and ManpowerGroup.
Agencies
The performance-linked model reduces risk in the event of an economic downturn. At the same time, workers can make more money when they perform well and when the company makes money.
Wages for blue-collar workers have largely stayed where they were last year, but employees are getting some respite now in the form of joining perks and more performance-linked pay.
Companies in ecommerce and logistics are reducing their fixed costs by not hiking salaries and, instead, giving out bigger performance-linked incentives, according to recruitment firms such as Betterplace, Waah Jobs,

Related Keywords

Pravin Agarwala , Alok Kumar , Sudeep Sen , Union Cabinet , Teamlease Services , Waah Jobs , Olive Sen , Sriperumbudur Industrial Area , Tamil Nadu , Salary Hike , Incentives , Blue Collar Workers , Performance Linked Pay , Teamlease , பிராவின் அகர்வாலா , அலோக் குமார் , சூடீப் சென் , தொழிற்சங்கம் மந்திரி சபை , குழு வெளியீடு சேவைகள் , ஆலிவ் சென் , சிரிபெரும்புதூர் தொழில்துறை பரப்பளவு , தமிழ் நாடு , சம்பளம் உயர்வு , சலுகைகள் , நீலம் காலர் தொழிலாளர்கள் , செயல்திறன் இணைக்கப்பட்டுள்ளது செலுத்த , குழு வெளியீடு ,

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