Six months into the new financial year, the warm glow of a positive job market is being felt across company hierarchies. Pay packets have gone up in new jobs, while sign on bonuses and guaranteed stock options have made a comeback. Senior executives are increasingly agreeing to have a higher variable pay attached to sector performances, which reflects a confidence in the months to come. A 25% to 30% pay increase for senior management is already a reality in the infrastructure and e-commerce space, while last year, there were barely any openings here, says Atul Vohra, managing partner of search firm Transearch India.
Read the Economic Times news report here.