Moneycontrol
Get App
Last Updated : Dec 14, 2019 12:04 PM IST | Source: Moneycontrol.com

Reporter's Take | Variable pay, part of CTC of employees may rise to 50%

Members of the senior management at most companies could see their variable pay at 50 percent from the current 40 percent.

In 2020, variable payments that are part of the cost to company (CTC) of employees mostly in the corporate sector could witness a 10 percent rise.

Members of the senior management at most companies could see their variable pay at 50 percent from the current 40 percent.

The move does not necessarily mean that salaries would rise as variable pay depends on the performance of a company in contrast to that of an employee.

Close

In this episode of Reporter’s Take, Moneycontrol’s Jerome Anthony talks to M Saraswathy to find out why variable pay could rise in 2020.

Watch the video for more.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Dec 14, 2019 12:04 pm
Sections
Follow us on