Feb 5, 2007

The truth about Rs 1-crore pay packages

The truth about Rs 1-crore pay packages

Four of the graduates from IIM-Ahmedabad,recently bagged annual packages touching a staggering Rs 1 crore each.

But here is the catch:

Only 50 % of the package compromises the salary.

The rest of the package compromises of performance based incentive.

If these graduates fail to exceed expectations they stand to loose nearly 50% of their 1-crore pay package.

So there is only 50% truth in these 1- crore pay packages eh! The other 50% is just hot air.

Perform or Rs 1-crore pay packages perish-India-NEWS-The Times of India