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Two-wheelers are among the most preferred modes of transport in India. Their popularity as a preferred commute option could be gauged from the fact that in 2019, two-wheeler sales in India reached an all-time high of over 21 million units. Moreover, despite the COVID crisis and the ensuing lockdown which dampened the consumer spirit in the country, over 17 million two-wheelers were sold in 2020 till October
[1]. And with top-six auto manufacturing firms posting a 16 per cent spike in sales, we might as well see the sales crossing the last year’s figure despite the COVID crisis
[2].
This surge in two-wheeler sales may partly be due to the fact that while people have to get back to their daily lives with regular commute to and from work, they do not prefer to use public transport and prefer to commute using their own vehicles to avoid the risk of contagion in crowded public spaces. Nevertheless, two-wheelers have been popular in India even before the crisis due to their multi-dime
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Covid Impact: Companies Moving to Quarterly/Half-Yearly Appraisal System
In the post-pandemic world, the mechanism of employee performance management is set to undergo a radical shift. AI and ML are set to play a more active role as well say, experts
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Pandemic has given a new outlook to performance management of employees within organisations. More and more companies are opting for quarterly or half-yearly appraisal systems instead of yearly while encouraging active feedback mechanisms for scheduled appraisals. Take for example the impact of the pandemic on employees at IndiGo, the country s largest low-cost carrier. My personal belief is that even as we deal with imminent economic turbulence, we need to weigh our balance sheet against employee expectations and find a middle ground that is fair to both. This is best achieved by mid-year check-ins laced with transparent discussions that will help to bring back the focus on potential opportunities,�