Willis Towers Watson today also said that China's base salaries across all job grades are higher than in India by 64-100 per cent.

Millennials in India are inadequately prepared for their post-retirement life as retirees are facing challenges in form of rising consumeri...

According to the global professional services company, organisations are increasingly expecting employees to take greater responsibility fo...

The average monthly starting pay in India is around USD 400 (Rs 24,000), less than one-fifth of the equivalent paid in South Korea and Sing...

The survey forecasts the real salary increase (increase net of inflation) to grow from 3.3% to 5%.

Introducing more flexibility in the benefits programme, the employers feel, could address this gap between rewards and valuation, according...

The survey reveals half of the organisations do not inform their top talent and high-potential employees about their status, a trend that g...

Towers Watson has forayed into the employee benefits brokerage space in the country with the acquisition of a stake in Metis Insurance.

With this acquisition, Metis Insurance would now be known as Towers Watson Insurance Brokers India Private Limited, the company said today.

As part of this move, Sambhav Rakyan Global Data Services Practice Leader - Asia Pacific, has been relocated to India, which reaffirms Towe...

Globally, companies with the most effective H&P programmes are more productive and generate 34 per cent higher revenue per employee.

India has more affordable labour than China, where the pay is more than double of what is being offered locally, a Towers Watson report say...

Employers also recognise the need for innovation with almost one-third offering or planning to offer non-traditional benefits.

Indian firms continue to offer high salary increases to attract and retaining critical talent, but soaring inflation end up eroding much of...

Housing & children's expenses are top two motivators for Indians above 35 to save. Also health status and financial decisions are closely r...

According to the report, the overall funding of total defined benefits liabilities has increased from 80% in 2011 to 86% in 2012.

The combined estimated liabilities for employee benefits across BSE 100 companies has increased by 45% at Rs 2,90,000 crore as on March 31,...