Amid slowdown, top heads salaries grow in double digit for FY-15

Posted on 24th Jul 2015 | 1006 views

4 avg. rating (80% score) - 1 votes

Amid slowdown, top heads salaries grow in double digit for FY-15

The Indian automotive sector on a path of slow recovery but some leading automobile firms doubled the salaries of top heads for taking additional responsibility. A recent report on compensation trends found that top executives in seven companies show that while most such executives received double-digit pay hikes, in some cases the compensation was doubled or tripled. Ashok Leyland managing director got 213.21% increase in pay followed by TVS Motor, Mahindra & Mahindra, Tata Motors and Bajaj Auto. Even the amid slowdown, companies paid higher payouts to company heads and seniors in executive roles to retain them for future growth and maintain continuity.

0 Comments on Amid slowdown, top heads salaries grow in double digit for FY-15

Comment as a guest:

POPULAR POSTS

What is Appointment letter Format?

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

How clearly do recruiters explain the details of a job to you?


Very clearly

Moderately clearly

Not at all clearly

Vote

Press Corner

View All

Face Book Twitter Google Plus Instagram Youtube Linkedin Myspace Pinterest Soundcloud Wikipedia

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status