Research from Deloitte India and Randstad India suggests that employees embracing additional responsibilities are rewarded with better compensation, promotions, and career advancements.
This approach benefits companies by retaining talent, fostering internal skill development, and reducing hiring costs. Notably, companies like Simplilearn and Nobroker.com are offering significant salary hikes to employees who exceed their roles.
This trend is widespread, with surveys indicating a positive impact on talent retention and employee engagement.