Home News 52% Of Employees Believe the New Labor Codes Will Impact HR Policies

52% Of Employees Believe the New Labor Codes Will Impact HR Policies

52% Of Employees Believe the New Labor Codes Will Impact HR Policies

According to the latest survey conducted by Grant Thornton Bharat, 60% of the respondents say they use multiple apps and portals for employee engagement. The report states that about 70% of the employers have not made any changes in the compensation structure post-pandemic.

The findings of this survey reflect that 50% of employers prefer the hybrid model of HR operations (in-house and outsourced)

An increasingly virtual work environment brings challenges related to employee engagement, governance, compliances, etc., and therefore, it is essential for organizations to gear up their internal systems to meet these challenges. The report highlighted over 60% of the respondents believe that payroll/compliances can be outsourced or managed in a hybrid manner.

The survey found that 65% of respondents believe that delayed approval is one of the biggest challenges they face with HR systems today. Emotional connections amongst employees, quick approvals, less miscommunication, etc., have become as important as ever and it is paramount for HRs to cater to these issues through solutions like AI for faster approvals, facial recognition for attendance, mood bots, and happiness index evaluator, rewards and recognitions, etc. Additionally, 62% of the respondents prefer using multiple apps and portals for employee engagement. The rest of the respondents hinted at the need for a single tool that acts as a gateway to connect organizations and employees for formal and informal connections, physical and mental wellbeing, etc.

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