Page 37 - Appreciating Organization's Biggest Assets
P. 37

Are glass ceilings breaking and
                    sticky floors not sticky anymore?
                     Gen Z and Gen Y compensation

                           and benefits structure
                                                             Ruta Padhye.



             Commentary :
            1) The case investigates whether the traditional barriers to career
          advancement,  such  as  the  glass  ceiling  and  sticky  floors,  are  still
          prevalent in the compensation and benefits structures of organizations
          for Gen Z and Gen Y employees.

            2) There is a need for more comprehensive and transparent
          compensation  structures  that  account  for  differences  in  experience,
          education, and job responsibilities.

            3) Organizations should prioritize creating a culture of inclusion
          and  equity,  promoting  transparency  in  compensation  and  benefits
          structures,  and  providing  flexible  work  arrangements  to  attract  and
          retain Gen Z and Gen Y employees.
            4) The case suggests that organizations should regularly evaluate their
          compensation and benefits structures to ensure that they are equitable
          and provide opportunities for advancement for all employees.






        Introduction

        Motivating and retaining employees is
       an essential factor for any organization.
       Companies    cannot    keep    their
       employees with high salaries alone;
       they also have to develop compensation
       packages that address with needs of
       the employees. The dynamics of all
       businesses have changed  over the
       past  few  decades.  Focus  on  engaging
       employees, providing competitive

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