Incentives to executives for skill development: New mantra for India Inc. - August 23, 2011

India Inc’s senior managers will now be more accountable for the motivation, ability, attrition and employability of their teams with the recent trend in salary structure.

India Inc’s senior managers will now be more accountable for the motivation, ability, attrition and employability of their teams with the recent trend in salary structure. Many of the corporates have designed their executive salaries such that a major chunk of a manager’s variable pay will now depend on his/her team’s above mentioned attributes.

Source: www.economictimes.com, August 23, 2011. “Wipro, iGate-Patni, LG, Godrej, Sutra, MTS peg incentives for executives to nurture skills”

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