Indian Demonetization Has Little Impact
World Economy

Indian Demonetization Has Little Impact

Demonetization in India did not impact this year’s increments in spite of all speculations to the contrary as companies doled out as much as 20% to key talent in the appraisal process, finds out a survey, MoneyControl reported. Post November 2016, air was rife with speculation about the cash recall’s impact on the hiring landscape and it was felt that the job market would be highly affected. According to a survey by Antal International Network India, though the job market did seem a bit slack at the start of 2017, it picked up pace gradually. The survey noted that as many as “85% respondents said demonetization did not impact this year’s increments at all in spite of the speculations”. The survey analyzed benchmarking data and key insights on appraisal trends across disciplines. Finance professionals within logistics and engineering sectors were offered the highest increment of 20% whereas retail saw the lowest 5% followed by telecom and, banking, financial services and insurance.


Short URL : https://goo.gl/mUs74s
  1. https://goo.gl/LfcWbE
  • https://goo.gl/voQdgP
  • https://goo.gl/G9Jkwy
  • https://goo.gl/Acx9BR
  • https://goo.gl/9jfq9h

You can also read ...

Blue Economy Movement Gaining Traction in Africa
An increasing number of African countries are now embracing...
Japanese Prime Minister Shinzo Abe (C) speaks as European Commission President Jean-Claude Juncker (L) and European Council President Donald Tusk listen during  a joint press conference at Abe’s official residence in Tokyo on July 17.
Japan and the European Union signed a landmark deal on Tuesday...
The trade war began when Donald Trump introduced tariffs on imported steel and aluminum.
Rising trade tensions between the United States and the rest...
There are indications that investments in digital economy will...
The parliament approved a five billion pound start-up capital for the fund called “Egypt Fund”.
Egypt is setting up a sovereign wealth fund with a capital of...
Striking Amazon Employees in Europe Demand Better Working Conditions
Thousands of workers walked off their jobs on Tuesday at...
SNB to Raise Rates in 2019
The Swiss National Bank will continue tracking its eurozone...
Canada Growth Robust, Housing Sector Cooling
On July 13, the executive board of the International Monetary...

Add new comment

Read our comment policy before posting your viewpoints