Other Briefings
Expect Labor Reforms at the State Level in 2015
Foreign companies should begin preparing for labor reforms at the state level in the coming year. Following national labor reforms in November 2014, public and private interest groups have renewed calls for labor reforms in 2015.
India’s Provident Fund Scheme to see Significant Change in 2015
India’s Provident Fund Scheme (PFS) was amended several times in 2014, particularly following the election of Prime Minister Narendra Modi and his BJP party in May. Recent reports indicate further changes to the PFS have now been proposed and are in the pipeline to be implemented this year.
Average Indian Salary to See Minor Increase in 2015
The average Indian salary in 2015 will be much the same as in 2014, according to two recently published reports on income trends in Asia. Findings show that while the overall average salary in India will rise by around 11 percent, inflation will cut the increase in “real terms” to around 3.5 percent.
An Introduction to Sourcing from India, Part 1: India’s Sourcing Edge
Choosing where to source from can be a stress-inducing process. In this excerpt from an article in our latest India Briefing magazine, we discuss some of the key advantages that India possesses as a sourcing destination over one of its principal rivals: China.
India Announces 2015 Holiday Schedule
The Indian government has recently released its holiday schedule for 2015. The schedule differs in several instances to 2014’s calendar, with a number of restricted holidays changing status to become gazetted (public) holidays, and vice-versa.
Average Indian Salary to Increase by 10 Percent in 2014
Salaries in India are projected to increase by an average of 10 percent in 2014, according to Aon Hewitt’s Annual Salary Increase Survey, released on Wednesday.
India Announces 2014 Holiday Schedule
The Ministry of Personnel, Public Grievances and Pensions has announced the official holiday schedule for 2014. In this article, we highlight the relevant holidays and corresponding dates for our readers in India.
New Issue of Asia Briefing: Payroll Processing Across Asia
In Asia Briefing Magazine’s first issue of 2014, we provide a country-by-country introduction to how payroll and social insurance systems work in China, Hong Kong, Vietnam, India and Singapore. We also compare three distinct models companies use to manage their payroll across various countries with external vendors, and explain the differences among three main models: country-by-country, managed, and integrated models while highlighting some benefits and drawbacks of each.
