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Kumar will fulfil a five-year term, beginning 5 February, 2017.
KPMG India CEO, Richard Rekhy’s decision to retire has been accepted by the board but he will continue to serve in the position till a successor is found.
People who don’t quite fit the bill have been found to make the most significant impact on a company’s success.
Indian fraudsters are younger in age and initiate acts of fraud much earlier in their careers, use technology to complete the act, are high performers, are driven by personal greed and more often act in groups.
Corporate wellness initiatives should also focus on how people’s personal and social lives can be made happy.
The company will allow all onshore employees to work 20 per cent less at full contractual pay, for up to six months— after they return to work, post childbirth or adoption— apart from 18 weeks of maternity leave and one week of paternity leave.
Last year, performance management had to adapt to dramatically changed worldviews. It is expected that many such HR concepts will come under scanner this year. Read to find out more.
A sizeable part of India Inc. considers ESOPs as a great motivational tool and performance enhancer. While 41 per cent have successfully tested it as a motivational tool, almost 10 per cent confirm its effectiveness as a tool for increasing profitability.
The deal will add tremendous value to KPMG’s People & Change practice.
CHROs becoming CEOs is not a traditional choice but evidences point out several advantages.