To Find Happiness, Forget About Passion

Several years ago, a friend decided she wanted to follow her passion. She loved the liberal arts and academe. She was a talented graphic designer, a great writer, and was the president of a student club. But the prospect of working a nine-to-five job was never interesting. I can’t blame her. After all, ours is a millennial generation proselytized to… Continue reading

7 Myths of Executive Compensation

  “Executive compensation may be the lightning rod for shareholders in the wake of the financial crisis, but the truth about how pay should be structured is clouded by a lot of popular myths,” says David Larcker, who is James Irvin Miller Professor of Accounting and Director of the Corporate Governance Research Program at the Stanford Graduate School of Business.… Continue reading

Exclusive: HR workers yearn for responsibility

Organisations risk losing their HR professionals unless they offer them more opportunities for career development, warns a report highlighting the amount of untapped potential and ambition within the function. Professionals in HR are ‘hungry’ for career development, but their employers are failing to give them sufficient opportunities, according to new research. A survey of nearly 1,800 HR professionals both in… Continue reading

Can money and freebies retain employees?

Companies often use compensation and benefits as dangling carrots to attract, retain and push employees to perform. However, is this really sufficient to stimulate minds, drive innovation and produce exceptional results? Vipul Singh, VP and head HR, ADP India explains,”There are many employers in the market who are willing to lure candidates with great compensation and benefits. But, for the… Continue reading