India Inc’s staff costs rise among amid falling sales
India Inc's staff cost relative to sales and total operating expenses rose to a decade high in 2014-15, according to the ET Intelligence Group's analysis of the BSE500 companies. At the aggregate level, staff cost of the sample was 11.9 per cent of operating expenses and 9.2 per cent of revenue in 2014-15.
India Inc's staff cost relative to sales and total operating expenses rose to a decade high in 2014-15, according to the ET Intelligence Group's analysis of the BSE500 companies. At the aggregate level, staff cost of the sample was 11.9 per cent of operating expenses and 9.2 per cent of revenue in 2014-15.
