Dear Friends and CiteHR,
It's in our benefit to make a long-term study plan to understand the basics and fundamentals in various HR/IR courses. It may not be possible to stay in the field and perform consistently without self-help. It's true, like the law of nature we observe in real life. Furthermore, to rise high and grow professionally successful, agile, and confident in HR/ER by practicing in a shortcut method is a process but not advisable.
Please read on the neutralization of dearness due to price hikes. The concept is that employees are receiving wages/salaries at certain constant rates and assumptions. The price hike on certain minimum consumption of items like rice, flour, potato, onion, etc., does not allow meeting the daily needs of family members. You will find the Consumer Price Index, a factor that has been analyzed to approximate the price hike city-wise. HR professionals must conduct a careful study and keep abreast of this model and also about ILOs, which cover basic and elementary needs, genesis, and the process of discipline that has allowed the growth of labor legislations - a way to resolve grievances in India.
CiteHR has a plan to host this type of event for the benefit of HR practitioners. It is requested to organize an orientation program for our colleagues to learn the prevailing practices across the country and around the globe.
Regards,
RDS Yadav
Management Advisor and Trainer
Director, Future Institute of Management Technology