Tata Group: Due to the sound of recession, tough decisions are being taken in companies all over the world, from retrenchment to cuts in the salary of employees. In Ace, the country’s Tata Group has gifted a handsome salary hike to its top executive. The country’s Rs 22 lakh crore Tata Group has seen a spectacular increase in the income of top executives by 16-60 per cent.
Top executives of these Tata Group companies got handsome pay hikes
Top executives of Tata Group’s high-growth businesses such as Indian Hotels, (IHCL), Tata Power, Trent and Tata Consumer have received handsome salary hikes compared to many groups in the country in terms of income. In order to make Tata Sons the fastest growing conglomerate in the history of the country, a sales revenue growth of $ 97 billion has been achieved. Along with this, tremendous growth of 20 percent has been seen in its entities. According to a report published in Economic Times, this news has come out.
What is included in Pay Hike
Under this salary hike for all, total package salary, commission and other benefits as well as prequalifications have also been included. The increase has been seen due to the effect of increase in the cash flow of the company. Among the top executives of the Tata Group who have received huge salary hikes, the name of Rajesh Gopinathan is also included, who has been the former CEO of Tata Consultancy Services (TCS).
Know which top executives’ salary has increased tremendously
Trent’s P Venkateshlu There has been an impressive increase of 62 per cent in the salary of
of Indian Hotels punil chatwal The income has been increased by 37 percent.
Tata Consumer’s Sunil D’souza There has been an increase of 24 per cent in the salary of
of Tata Chemicals R Mukundan There has been an increase of 16 percent in the salary of
Tata Power’s Praveer Sinha There has been an increase of 16 percent in the salary of
of tcs Rajesh Gopinathan There has been an increase of 13 percent in the salary of
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