Cost of living doesn't influence salaries; Pune among safest cities: KPMG Survey - Work4u

Wednesday, 29 May 2024

Cost of living doesn't influence salaries; Pune among safest cities: KPMG Survey

A survey by KPMG revealed that cost of living differences across Indian cities do not affect compensation decisions, with most HR leaders stating there is no city compensatory allowance anymore. Employees consider various factors like rent, property indices, and local purchasing power when evaluating cost of living. Pune is highlighted for excelling in safety, while other cities like Chennai and Navi Mumbai excel in connectivity and healthcare. Companies are tapping into talent pools in satellite cities like Gurugram and Navi Mumbai.

from Careers-Economic Times https://ift.tt/SGRgqIA