Performance pay helped top India Inc executives get hikes in 2013

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India Inc pay hikes: 'Performance of many executives has been better this year compared to last year and despite the global slowdown.' (Reuters) India Inc pay hikes: 'Performance of many executives has been better this year compared to last year and despite the global slowdown.' (Reuters)
SummaryTop India Inc executives weather 2013 storm as performance-linked pay gets them 10-22 pct pay hikes.

hospitality, retail, e-commerce, education had a relatively rewarding year.

"Rupee depreciation augmented the good performance of companies with export opportunities," Randstad's Uppaluri said.

"Power and Infrastructure has definitely been the worst hit last year owing to a tough political scenario as projects haven't moved well and it has been difficult to perform," Spectrum's Gupta noted.

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