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    Aon strikes $17 billion deal for rival USI Insurance Services

    Aon will purchase rival USI Insurance Services for seventeen billion dollars. This acquisition aims to strengthen Aon's position in the middle-market segment. The deal highlights increasing consolidation within the insurance brokerage industry. USI, founded in nineteen ninety-four, offers various insurance and consulting services. The transaction is expected to finalize in the fourth quarter of twenty twenty-six.

    Nifty 50 firms get dismal score on gender pay parity

    Most Indian companies show a persistent gender pay gap, with women earning less than men. Only a small percentage of companies reported progress towards pay parity in the recent fiscal year. New labor codes strengthen legal foundations against wage discrimination for equal work. Structural career drivers and representation in high-value roles remain unchanged for women. Women are concentrated in junior roles and underrepresented in core business functions.

    Pay hikes at India Inc likely higher this year; Average rise expected at 9.1% from 8.9% in 2025

    Indian companies anticipate a 9.1% average pay hike in 2026, an increase from last year. Real estate and NBFC sectors are expected to offer the highest increments. Attrition rates have slowed to a five-year low. Companies are investing in critical talent and building sustainable compensation strategies. New Labour Codes are being assessed for their impact on pay structures.

    India Inc pay hikes seen at 9.1% in 2026: Aon

    India Inc employees can expect average pay hikes of 9.1% in 2026, up from 8.9% in 2025, with real estate and NBFCs leading at around 10%. Attrition levels have also declined to a five-year low of 16.2% in 2025, reflecting more targeted hiring and employee engagement efforts.

    India is not just a market, it’s a growth accelerator: Jennifer Richards, Aon Asia Pacific CEO

    Aon sees India as a key growth market in Asia-Pacific. The company expanded its capabilities through acquisition. An Aon survey reveals Indian employees are open to job changes. Rising healthcare costs and AI adoption are workforce trends. Geopolitical issues impact talent management in India. Companies are focusing on workforce efficiency. India is a hub for global delivery centers.

    Amid AI frenzy, HR wish list to bridge tech-people gap

    The chatbot-human facilitator to bridge the gap between technology and people is one of the top items on the HR wish-list of India Inc. It also includes other HR-centric profiles to deal with the new realities of a hybrid workforce and the changing dynamics of employee wellbeing that bring in a new set of challenges.

    The Economic Times
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