{"id":505121,"date":"2022-07-14T09:19:52","date_gmt":"2022-07-14T03:49:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=505121"},"modified":"2022-07-14T10:49:48","modified_gmt":"2022-07-14T05:19:48","slug":"lt-ceo-subrahmanyan-gets-115-jump-in-salary-in-fy22-as-business-grows","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-ceo-subrahmanyan-gets-115-jump-in-salary-in-fy22-as-business-grows\/","title":{"rendered":"L&amp;T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows"},"content":{"rendered":"<p>Engineering giant Larsen &amp; Toubro (L&amp;T) handed out a pay cheque of Rs 61.27 crore to its chief executive officer (CEO) and managing director (MD) SN Subrahmanyan in the last financial year (FY22), which is a near 115 per cent hike over FY21, as executive compensation at India Inc comes under sharp focus after two years of Covid-19.<\/p>\n<p>In fact, the total compensation of L&amp;T&#8217;s executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company&#8217;s employees, data from its FY22 annual report shows. This points to sharp hikes that the top management saw in their remuneration during the period, experts in human resources said. In FY21, L&amp;T&#8217;s executive compensation was 56 to 337 times the median remuneration of company employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Engineering giant Larsen &amp; Toubro (L&amp;T) handed out a pay cheque of Rs 61.27 crore to its chief executive officer (CEO) and managing director (MD) SN Subrahmanyan in the last financial year (FY22), which is a near 115 per cent hike over FY21, as executive compensation at India Inc comes under sharp focus after two years of Covid-19. In fact, the total compensation of L&amp;T&#8217;s executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company&#8217;s employees, data from its FY22 annual report shows. This points to sharp hikes that the top management saw [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-505121","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/505121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=505121"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/505121\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=505121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=505121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=505121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}