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60 per cent of Indian companies to use AI for employee rewards, compensation by 2028: Report
The Statesman Bhubaneswar
|February 28, 2025
EY, in its report titled 'Future of Pay 2025', said 60 per cent of Indian employers are keen to explore the potential of AI for employee rewards and compensation strategies over the next three years.
It said that 6 in 10 employers are looking to leverage AI across critical areas such as salary benchmarking, real-time pay equity analysis, and customizable benefits for employees.
Firms are poised to transition from manual pay benchmarking and fixed incentive models to AI-driven predictive analytics and real-time salary adjustments by 2028.
With AI-powered compensation platforms, companies can now personalize benefits, optimize reward structures, and ensure pay equity across diverse workforce demographics, the report said.
Denne historien er fra February 28, 2025-utgaven av The Statesman Bhubaneswar.
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FLERE HISTORIER FRA The Statesman Bhubaneswar
The Statesman Bhubaneswar
Chhath festival begins in UP
The four-day-long Chhath festival begins today in Uttar Pradesh with Nahay-Khaay, celebrated with great religious fervor.
1 mins
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The Statesman Bhubaneswar
El Clásico showdown: Real Madrid and Barcelona clash at the Bernabéu in a title-defining battle of pride and revenge
Sunday's encounter between Real Madrid and Barcelona is far more than a routine league fixture ~ it’s the iconic ElClasico, and the stakes could hardly be higher.
2 mins
October 26, 2025
The Statesman Bhubaneswar
Bengal SIR: CEO’s office to introduce two-tier electoral administration
The office of the Chief Electoral Officer (CEO), West Bengal, will introduce a two-tier daily electoral administration system in the state immediately after the notification for the Special Intensive Revision (SIR) in the state is issued.
1 min
October 26, 2025
The Statesman Bhubaneswar
Illegal commercial complex razed in Meerut on SC orders
A 35-year-old commercial complex, built illegally on a plot originally allotted for residential purposes, has been demolished here on the directive of the Supreme Court.
1 min
October 26, 2025
The Statesman Bhubaneswar
SIT recovers gold from Sabarimala heist
In a major breakthrough in the Sabarimala gold theft case, the Special Investigation Team (SIT) has recovered a substantial quantity of the stolen gold from a jewellery outlet in Bellari, Karnataka.
1 mins
October 26, 2025
The Statesman Bhubaneswar
RIVERS AND THE VESSELS OF THE PEOPLE
India has a history of traversing the sea for over five millennia. The earliest records can be found in the Harappan (Indus Valley) civilization. Terracotta models and engravings from Lothal and Mohen-jo-Daro depict ships with high prows, pointed sterns, central cabins, and sails, suggesting vessels capable of coastal and open-sea navigation.
3 mins
October 26, 2025
The Statesman Bhubaneswar
Centre to set up 10 new IICTs to boost media, digital sectors
In a move to strengthen India's creative, entertainment, and digital industries, the Ministry of Information and Broadcasting has announced plans to establish 10 new Indian Institutes of Creative Technologies (IICTs) across the country over the next decade, offering specialised, industry-oriented courses in these sectors.
1 min
October 26, 2025
The Statesman Bhubaneswar
Malda traders seek extension for Income Tax return filing
The Malda Merchants' Chamber of Commerce and Industry (MMCCI) has urged Union finance minister Nirmala Sitharaman to extend the deadline for filing Income Tax Returns (Audit) for the Assessment Year 2025-26.
1 min
October 26, 2025
The Statesman Bhubaneswar
LIC rejects Washington Post allegations, Cong demands JPC probe
The Life Insurance Corporation of India on Saturday strongly refuted recent reports published by The Washington Post alleging irregularities in its investment practices even as the Opposition Congress demanded a Joint Parliamentary Committee (JPC) investigation into the matter
1 min
October 26, 2025
The Statesman Bhubaneswar
Naval commanders’ meet focuses on readiness, security
Naval Commanders deliberated on issues of operational preparedness, maritime security, capability development, and Tri-Service integration during the second edition of the biannual Naval Commanders' Conference 2025 which concluded at the Nausena Bhawan, here on Friday.
1 min
October 26, 2025
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