Wage growth slows, but not for senior executives

Quick Summary:

While some companies are implementing minimal raises, senior executives continue to receive substantial compensation increases.

Salary increases in India's industrial and automation sectors are showing significant disparities.

For instance, Bosch India employees received a meager 0.6% raise, while their MD received a 15.5% increase.

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Article Details

Author / Journalist: Veena Mani

Category: EconomyBusiness

Markets: India

Topics: Business news Wage growth Schneider Electric salary increases Senior executives compensation Talent retention strategy Cummins India MD compensation Bosch India Salary hikes 3M India salary increment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 03:29:17 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23575576

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 25 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

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Publisher ID: #28

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