{"id":24620,"date":"2024-12-19T11:29:21","date_gmt":"2024-12-19T05:59:21","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2024\/12\/19\/ifcci-and-pluxee-india-release-comprehensive-total-rewards-study-report\/"},"modified":"2024-12-19T12:30:00","modified_gmt":"2024-12-19T07:00:00","slug":"ifcci-and-pluxee-india-release-comprehensive-total-rewards-study-report","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/12\/19\/ifcci-and-pluxee-india-release-comprehensive-total-rewards-study-report\/","title":{"rendered":"IFCCI and Pluxee India Release Comprehensive Total Rewards Study Report"},"content":{"rendered":"<p style=\"text-align: justify;\">Indo-French Chamber of Commerce and Industry (IFCCI) in collaboration with Pluxee India released a report on <strong>&#8220;Redefining Total Rewards: Fueling Business Ambitions &amp; Employee Aspirations&#8221;<\/strong> at an event in Mumbai that brought together HR leaders, industry experts, and thought leaders to explore innovative Total Rewards strategies that bridge employee expectations and organizational goals.<\/p>\n<p style=\"text-align: justify;\">The IFCCI &amp; Pluxee Total Rewards Survey Report was unveiled by Mr. Suraj Chettri, Chairperson of the IFCCI HR Committee and VP, Head of HR for India &amp; South Asia &amp; Ms. Suvarna Mishra, HR Director, Pluxee India.<\/p>\n<p style=\"text-align: justify;\">This comprehensive study highlights trends in compensation, well-being programs, and workforce engagement strategies.<\/p>\n<p style=\"text-align: justify;\">The survey was shared with 140+ prominent companies, all members of the IFCCI HR Committee and of the respondents, 87% were Indian subsidiaries of French enterprises from diverse sizes and sectors of activities.<\/p>\n<p style=\"text-align: justify;\"><strong>Key Insights from the Survey:<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Holistic Rewards<\/strong>: 72% of organizations prioritize wellness programs, while 94% have adopted flexible work arrangements to boost employee satisfaction.<\/p>\n<p style=\"text-align: justify;\"><strong>Performance-driven Compensation<\/strong>: Companies are increasingly adopting pay-for-performance models, linking salary increments to skill growth and performance.<\/p>\n<p style=\"text-align: justify;\"><strong>Personalized Benefits<\/strong>: Customized rewards such as hybrid work options and mental health support are gaining traction to meet diverse workforce needs.<\/p>\n<p style=\"text-align: justify;\">The launch event covered key themes such as:<\/p>\n<p style=\"text-align: justify;\"><strong>Future-proofing Benefits<\/strong>: Exploring the role of preventive care, digital tools, and value-based benefits in enhancing employee well-being.<\/p>\n<p style=\"text-align: justify;\"><strong>Proactive Rewards<\/strong>: How tailored rewards can help organizations navigate business challenges and retain top talent.<\/p>\n<p style=\"text-align: justify;\"><strong>Mr. Anish Sarkar, Managing Director &#8211; Pluxee India &amp; Director &#8211; India\/ Philippines\/ Indonesia Cluster<\/strong>, emphasized, <em>&#8220;We are committed to supporting organizations with insights that drive meaningful change. This report reflects our dedication to fostering workplaces where employees feel valued, motivated, and empowered.&#8221;<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>Ms Payal S. Kanwar, Director General, IFCCI<\/strong>, remarked<em>, &#8220;We are proud to present this collaborative report with Pluxee India, which highlights the evolving dynamics of Total Rewards as a cornerstone of workforce management. The insights from this survey offer a valuable benchmark for companies to understand emerging trends and best practices, enabling employers to make informed decisions and optimize their employee offerings.<\/em><\/p>\n<p style=\"text-align: justify;\"><em>&#8220;<\/em>The event concluded with a roundtable discussion, <strong>&#8220;Devil is in the Details,&#8221;<\/strong> where HR leaders shared actionable insights and strategies to implement forward-thinking Total Rewards frameworks.<\/p>\n<p style=\"text-align: justify;\"><strong>About Pluxee India<\/strong><\/p>\n<p style=\"text-align: justify;\">Pluxee is a leader in employee benefits and motivation, supporting businesses in attracting, engaging, and retaining talent through a broad range of solutions across Meal, Wellbeing, Learning, Rewards &amp; Recognition &amp; whole range of other offerings. With 27+ years of expertise in India, Pluxee partners with 11,000+ companies across the public and private sectors also fostering a trusted network of 150,000+ merchant partners on meal and 5 million+ merchants on other benefits. Every day Pluxee India works to supports 3.5 million+ consumers in 1,800+ towns nationwide.<\/p>\n<p style=\"text-align: justify;\">Powered by innovative technology and a dedicated team, Pluxee India delivers meaningful and personalized experiences through a single card and app to enhance the well-being of its consumers at work and beyond. Carrying forward a 45+ year global legacy, Pluxee is committed to creating a positive impact on local communities, promoting sustainability, and enabling its stakeholders to do what matters the most. For more information visit <a href=\"http:\/\/www.pluxee.in\/\">www.pluxee.in<\/a>.<\/p>\n<p style=\"text-align: justify;\"><strong>About Indo-French Chamber of Commerce &amp; Industry (IFCCI)<\/strong><\/p>\n<p style=\"text-align: justify;\">Established in 1977, the Indo-French Chamber of Commerce and Industry is one of the most active bilateral chambers in India. IFCCI represents a dynamic business platform of over 750+ company members and 17 Sector &amp; Function led Committees offering an extensive range of business services and giving access to people and information.<\/p>\n<p style=\"text-align: justify;\">The Chamber belongs to a worldwide network of 119 French Chambers (CCI France International) in 92 countries with over 37,000 companies with the mission:<\/p>\n<p style=\"text-align: justify;\">To facilitate business and networking opportunities between Indian and French companies\u00e2\u0080\u008b<\/p>\n<p style=\"text-align: justify;\">To develop trade relations between our members and the Indo-French business community\u00e2\u0080\u008b<\/p>\n<p style=\"text-align: justify;\">To encourage economic, commercial and investment relations between France and India<\/p>\n<p style=\"text-align: justify;\">To help members liaise with the state and central governments for Ease of Business<\/p>\n<p>Featured Article<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indo-French Chamber of Commerce and Industry (IFCCI) in collaboration with Pluxee India released a report on &#8220;Redefining Total Rewards: Fueling Business Ambitions &amp; Employee Aspirations&#8221; at an event in Mumbai that brought together HR leaders, industry experts, and thought leaders to explore innovative Total Rewards strategies that bridge employee expectations and organizational goals. The IFCCI &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[23105,23108,15189,23104,23106,1869,62,23102,23107,23103],"class_list":["post-24620","post","type-post","status-publish","format-standard","","category-business-english-news","tag-benefits-trends","tag-corporate-compensation","tag-employee-benefits","tag-employee-compensation","tag-hr-report","tag-ifcci","tag-india","tag-pluxee-india","tag-reward-strategies","tag-total-rewards-study"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IFCCI and Pluxee India Release Comprehensive Total Rewards Study Report - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"IFCCI and Pluxee India unveil a comprehensive Total Rewards Study report, offering key insights into employee compensation and benefits trends in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/12\/19\/ifcci-and-pluxee-india-release-comprehensive-total-rewards-study-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFCCI and Pluxee India Release Comprehensive Total Rewards Study Report - 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