Improving Employee Compensation and Motivation Strategies

Created using ChatSlide

This presentation begins with an introduction to Lykis Ltd.'s OT policy, outlining its objectives and current state. We will explore essential aspects like manager approval, standard rates, and the importance of authorized OT. A market comparison highlights discrepancies between Lykis’s current OT rate of ₹50/hr and the market range of ₹90–₹120/hr. We propose revising the OT rate to ₹80/hr, aligning with inflation and industry standards. The benefits of this adjustment include improved...