What is the story about?
What's Happening?
As India's festive season approaches, the demand for temporary and gig workers is rising, particularly in retail, e-commerce, and logistics. Companies are enhancing compensation packages with incentives like completion bonuses and performance-linked bonuses to attract and retain talent. However, pay parity between temporary and permanent employees remains complex, with disparities persisting across industries despite legal requirements for equal pay.
Why It's Important?
The ongoing challenges in achieving pay parity for temporary workers highlight broader issues in labor rights and compensation structures. This situation could impact workforce morale and retention, affecting productivity and service delivery during peak seasons. Addressing these disparities is crucial for fostering a fair and equitable labor market, which could lead to improved employee satisfaction and reduced attrition rates.
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