Shaping the Future of HR

Hybrid work models, a focus on mental health, advancements in DEI (diversity, equity, and inclusion), and AI integration in recruitment, performance, and engagement are setting the stage for the future of HR. As businesses adapt, hiring is expected to increase, driven by the growth of GCCs (global capability centres) and KPOs (knowledge process outsourcing) in India, creating a demand for specialised talent.

Hiring & Salary Trends

In 2024, CXO salary trends in India saw significant growth, especially for CEOs, whose compensation packages surged by 35-40% compared to pre-Covid levels. The technology sector led this trend, fueled by demand for AI and cloud computing expertise. Looking ahead to 2025, salary trends are expected to continue upward, with emerging technologies such as AI, machine learning, and sustainable innovation driving compensation growth.

AI Shaping the Future of Business

AI has been a game-changer in 2024, impacting sectors like healthcare, finance, manufacturing, and retail. It's improving decision-making, enhancing customer experiences, and driving innovation. The shift toward AI-enabled solutions, like AI-based recruitment and personalized learning journeys, has reshaped the workplace, offering new opportunities for innovation and employee engagement.

Skills Are the New Currency

In 2024, it became clear that skills are the new currency in the workforce. Building a comprehensive skills inventory is essential for identifying and addressing gaps, helping organizations remain competitive in a disruptive world. As we move into 2025, leaders must prioritize innovation, agility, and the development of a skills-based workforce to stay competitive and adapt to future challenges.