Fixed salaries, another casualty of pandemic
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Mumbai, Sept. 16 -- Fixed salaries have become a casualty of the pandemic as more companies try to cut employee costs and link pay to performance in an economy that sliding. Conveyance and meal allowances aren't being paid out, and the proportion of variable pay has been increased at a time when employees work longer hours from home. But organizations are now trying to rethink the incentive components of salaries to make them relevant to the world of remote working. HR experts say companies are beginning to realize that salaries and benefits need to be reassessed and new heads introduced in order to ensure employees get their due.
Media tech company Amagi realized it couldn't pay out conveyance and fuel reimbursements since people weren'...
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