MUMBAI: 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. 孟买:六个月到新的财政年度,积极的就业市场的温暖的光辉是感受到在公司层次结构。在新工作工资上涨,而签约奖金和保证股票期权又有了抬头复苏的趋势。 MUMBAI: 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.
\n
\nSenior executives are increasingly agreeing to have a higher variable pay attached to sector performances, which reflects a confidence in the months to come. A
\n
\n25% 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.
\n
The September-to-mid-December period is usually the brightest in the hiring<\/a> calendar, but Vohra adds hiring intensity will keep increasing. \"In the next five to six months, we expect an unprecedented spin in salaries with government policy boosting industries,\" he says. It is precisely this confidence in greenfield industries, infrastructure and real estate that has seen senior executives agreeing to higher variable packages attached to markets.
\n
\nSrinivas Nanduri, partner board and leadership hiring, Maxima Global Executive Search placed a COO in a real estate company for a mere 5% increase in fixed component but a 40% jump in variable.
\n
\"More want to take up challenging roles and salaries linked to the industry<\/a>’s performance than before,\" says Nanduri. Going further, things will only get better, say others.
\n
\n\"Senior executives should hold on instead of taking the plunge. At the most they can get a 20% to 25% increase, similar to last year, but 2015 may be better,\" says Arun Shankar Das Mahapatra, chairman and partner, India initiative for search firm Heidrick & Struggles.
\n
\nMahapatra has placed 15 CEOs last year and around six till date. In the 2010-2011 market revival, he explains, the top brass could command a 50% salary increase in some cases but those days are gone.
\n
\nHowever, with a nudge from the new government, infrastructure projects will open up and demand for top roles will increase, he adds. Recruiters say companies in their pre-IPO stage or in the ecommerce sector are attracting talent with long-term incentive plans.
\n
\nThe short-term increase in a senior executive’s salary may show a 20%-25% jump but those entering e-commerce and about-to-be-listed firms will see a 100% increase in their long-term payout, says Navnit Singh, chairman and regional managing director India for KornFerry International.
\n
A senior executive of a Mumbai-based search firm says he recruited the chief technology officer of an e-commerce company for $1 million. The candidate is of Indian origin, worked in a global e-commerce company and will return to India for his new role, adds the recruiter<\/a>, who does not wish to be named.For those in the middle and lower rungs, job options have shot up by at least 10%, according to ABC Consultants.
\n
\nIncrease in counter offers and the rise in number of job postings show companies are increasing their intake. A 40% increase is now a possibility for those earning between Rs 10 lakh and Rs 40 lakh, says Kamal Karanth, MD of Kelly Services.
\n
\nAn average of 30% raise is already being seen in the FMCG, retail and pharmaceutical sectors. With the market looking up, companies are creating retention hooks and exit barriers for employees.
\n
\nConsequently, long-term incentives and better benefits are being re-evaluated, according to consulting firm Aon Hewitt. \"The middle management can expect at least a 15%-20% increase in salaries while making the shift whereas last year, it was a mere 1%-12%,\" says Ajit Isaac, chairman and MD of Ikya Human Capital Solutions, which looks at middle order hiring. With new projects being launched across sectors, the demand supply gap has gone up, and companies need middle managers to manage ventures.
\n
\nEmployees in this segment typically come with 8 to 15 years of work experience across industries. Staffing firms, which provide contract employees to companies, have seen demand for more candidates, although salary levels of 20% increase are similar to last year.\n<\/p>
\n
\n\"The number of contract workers has increased by 10% for each client, but salary increase when changing jobs at the lower rung is 15%-30%, compared with 10% to 20% in the same period last year,\" says Aditya Narayan Mishra, president – staffing, Randstad India.\n\n<\/body>","next_sibling":[{"msid":41488181,"title":"Telecom firms like MTS India, Vodafone India, Aircel and others ramp up digital ad spends","entity_type":"ARTICLE","link":"\/news\/industry\/telecom-firms-like-mts-india-vodafone-india-aircel-and-others-ramp-up-digital-ad-spends\/41488181","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":41489987,"entity_type":"ARTICLE","title":"Salaries go up by 25-30% for senior executives; sign on bonuses, stock options make a comeback","synopsis":"Six months into the new financial year, the warm glow of a positive job market is being felt across company hierarchies.","titleseo":"industry\/salaries-go-up-by-25-30-for-senior-executives-sign-on-bonuses-stock-options-make-a-comeback","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2014-09-02 08:50:52","lastupd":"2014-09-02 08:52:43","breadcrumbTags":["industry","Hiring","career","recruiter","Bonus","Career Series"],"secinfo":{"seolocation":"industry\/salaries-go-up-by-25-30-for-senior-executives-sign-on-bonuses-stock-options-make-a-comeback"}}" data-authors="[" devina sengupta"]" data-category-name="Industry" data-category_id="18" data-date="2014-09-02" data-index="article_1">
越来越多的高管同意有更高的可变工资部门表演,这反映了对未来几个月的信心。一个
高级管理人员工资提高25%到30%已经是一个现实的基础设施和电子商务空间,而去年,这里有几乎没有开口,Atul Vohra说猎头公司的管理合伙人Transearch印度。
September-to-mid-December时期通常是最聪明的招聘日历,但Vohra说招聘强度将继续增加。“在未来的五到六个月,我们预计前所未有的自旋与政府政策促进行业薪水,”他说。正是这种信心在绿地行业,基础设施和房地产,高管同意更高的可变包附加到市场。
斯Nanduri,合作伙伴和领导招聘,Maxima全球猎头放在一家房地产公司的首席运营官仅仅增加5%固定组件但变量增长40%。
“更想接受具有挑战性的角色和工资有关行业比以前的表现,”Nanduri说。更进一步,别人说,事情只会变得更好。
“高管应该抓住代替了。最多可以得到20%至25%的增长,与去年类似,但2015年可能会更好,”阿伦说Shankar Das塔,主席和伙伴,印度猎头公司海德思哲的倡议。
马哈放置15的首席执行官去年大约6至今为止。在2010 - 2011年市场复苏,他解释说,高层可以命令工资增长50%在某些情况下,但那些日子已经一去不复返了。
然而,随着新一届政府的推动,基础设施项目将开放和顶级角色需求增加,他补充道。招聘人员说公司在上市前阶段或在电子商务领域与长期激励计划吸引人才。
短期内增加一位高管的薪水可能增长20% -25%但那些进入电子商务和about-to-be-listed公司将看到他们的长期支出增加100%,主席Navnit辛格说印度KornFerry国际和地区董事总经理。
孟买搜索公司的一位高管说,他招募了一个电子商务公司的首席技术官为100万美元。印度裔的候选人,在全球电子商务公司工作,为他的新角色将回到印度,添加了招聘人员,不愿具名。对于那些在中下游梯级,工作选择至少上升了10%,根据ABC顾问。
增加计数器提供工作职位数量的上升显示公司增加摄入量。现在年收入的可能性增加40%之间Rs 10十万卢比和Rs 40十万卢比,凯利服务的Kamal Karanth博士说。
平均30%的提高已经被快速消费品,零售和制药行业。随着市场查找,公司为员工创造保留钩子和退出壁垒。
因此,长期激励和更好的福利被重新评估,根据翰威特咨询公司。“中层管理人员可以预期至少15%的转变时,工资增加-20%,而去年仅为1% - -12%,”特艾萨克说,董事长兼总经理Ikya人力资本解决方案,这中间看着招聘。新项目是跨部门发起,供应缺口的需求上升,公司需要中层管理者来管理企业。
这部分的员工通常有8到15年的工作经验在行业。猎头公司提供合同员工的公司,要求更多的候选人,尽管工资水平类似于去年增长20%。
“合同工人的数量为每个客户端增加了10%,但是加薪当换工作在低一级阶梯是15% - -30%,相比之下,去年同期的10%到20%,”Aditya Narayan Mishra说,印度总统——人员、职业发展。
\n
\nSenior executives are increasingly agreeing to have a higher variable pay attached to sector performances, which reflects a confidence in the months to come. A
\n
\n25% 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.
\n
The September-to-mid-December period is usually the brightest in the hiring<\/a> calendar, but Vohra adds hiring intensity will keep increasing. \"In the next five to six months, we expect an unprecedented spin in salaries with government policy boosting industries,\" he says. It is precisely this confidence in greenfield industries, infrastructure and real estate that has seen senior executives agreeing to higher variable packages attached to markets.
\n
\nSrinivas Nanduri, partner board and leadership hiring, Maxima Global Executive Search placed a COO in a real estate company for a mere 5% increase in fixed component but a 40% jump in variable.
\n
\"More want to take up challenging roles and salaries linked to the industry<\/a>’s performance than before,\" says Nanduri. Going further, things will only get better, say others.
\n
\n\"Senior executives should hold on instead of taking the plunge. At the most they can get a 20% to 25% increase, similar to last year, but 2015 may be better,\" says Arun Shankar Das Mahapatra, chairman and partner, India initiative for search firm Heidrick & Struggles.
\n
\nMahapatra has placed 15 CEOs last year and around six till date. In the 2010-2011 market revival, he explains, the top brass could command a 50% salary increase in some cases but those days are gone.
\n
\nHowever, with a nudge from the new government, infrastructure projects will open up and demand for top roles will increase, he adds. Recruiters say companies in their pre-IPO stage or in the ecommerce sector are attracting talent with long-term incentive plans.
\n
\nThe short-term increase in a senior executive’s salary may show a 20%-25% jump but those entering e-commerce and about-to-be-listed firms will see a 100% increase in their long-term payout, says Navnit Singh, chairman and regional managing director India for KornFerry International.
\n
A senior executive of a Mumbai-based search firm says he recruited the chief technology officer of an e-commerce company for $1 million. The candidate is of Indian origin, worked in a global e-commerce company and will return to India for his new role, adds the recruiter<\/a>, who does not wish to be named.For those in the middle and lower rungs, job options have shot up by at least 10%, according to ABC Consultants.
\n
\nIncrease in counter offers and the rise in number of job postings show companies are increasing their intake. A 40% increase is now a possibility for those earning between Rs 10 lakh and Rs 40 lakh, says Kamal Karanth, MD of Kelly Services.
\n
\nAn average of 30% raise is already being seen in the FMCG, retail and pharmaceutical sectors. With the market looking up, companies are creating retention hooks and exit barriers for employees.
\n
\nConsequently, long-term incentives and better benefits are being re-evaluated, according to consulting firm Aon Hewitt. \"The middle management can expect at least a 15%-20% increase in salaries while making the shift whereas last year, it was a mere 1%-12%,\" says Ajit Isaac, chairman and MD of Ikya Human Capital Solutions, which looks at middle order hiring. With new projects being launched across sectors, the demand supply gap has gone up, and companies need middle managers to manage ventures.
\n
\nEmployees in this segment typically come with 8 to 15 years of work experience across industries. Staffing firms, which provide contract employees to companies, have seen demand for more candidates, although salary levels of 20% increase are similar to last year.\n<\/p>
\n
\n\"The number of contract workers has increased by 10% for each client, but salary increase when changing jobs at the lower rung is 15%-30%, compared with 10% to 20% in the same period last year,\" says Aditya Narayan Mishra, president – staffing, Randstad India.\n\n<\/body>","next_sibling":[{"msid":41488181,"title":"Telecom firms like MTS India, Vodafone India, Aircel and others ramp up digital ad spends","entity_type":"ARTICLE","link":"\/news\/industry\/telecom-firms-like-mts-india-vodafone-india-aircel-and-others-ramp-up-digital-ad-spends\/41488181","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":41489987,"entity_type":"ARTICLE","title":"Salaries go up by 25-30% for senior executives; sign on bonuses, stock options make a comeback","synopsis":"Six months into the new financial year, the warm glow of a positive job market is being felt across company hierarchies.","titleseo":"industry\/salaries-go-up-by-25-30-for-senior-executives-sign-on-bonuses-stock-options-make-a-comeback","status":"ACTIVE","authors":[{"author_name":"Devina Sengupta","author_link":"\/author\/479212895\/devina-sengupta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479212895.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479212895,"author_name":"Devina Sengupta","author_seo_name":"devina-sengupta","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2014-09-02 08:50:52","lastupd":"2014-09-02 08:52:43","breadcrumbTags":["industry","Hiring","career","recruiter","Bonus","Career Series"],"secinfo":{"seolocation":"industry\/salaries-go-up-by-25-30-for-senior-executives-sign-on-bonuses-stock-options-make-a-comeback"}}" data-news_link="//www.iser-br.com/news/industry/salaries-go-up-by-25-30-for-senior-executives-sign-on-bonuses-stock-options-make-a-comeback/41489987">
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