Federation of Indian Chambers of Commerce & Industry president and Emami managing director Harsha Vardhan Agarwal, Hills Raghav Aggarwal and Prasanta Sahu.
Amid concerns of low growth in salaries and wages, he says adequate compensation for talent is of utmost importance for companies looking for growth and innovation. Excerpts:
Corporate profitability has multiplied in recent years, but it's not adequately reflected in compensation increases for the staff. How do you see it from an industry perspective as it may impact consumption?
In today's free economy, good and talented manpower is one of the biggest assets that a company can have. In a competitive world, if they don't increase salaries as per the market rates or as per what is expected, (talent) will go to other companies immediately.
What more can the government do to ensure that companies invest more in manufacturing?
This story is from the December 13, 2024 edition of Financial Express Kolkata.
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This story is from the December 13, 2024 edition of Financial Express Kolkata.
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