Tata Sons<\/a>, the holding company of the diversified Tata Group<\/a>, and several operating entities<\/a> in the salt-to-software conglomerate have already restored staff salaries and will likely announce pay increases<\/a> in 2021 after top executives took an estimated 20% pay cut last year<\/a> to hold down costs through the Covid-induced economic downturn.

TCS, Voltas, Tata Consumer, Titan,
Tata Motors<\/a>, Tata Chemicals<\/a>, Tata Power, Tata Steel, Trent and TataCapital are among the group blue-chip entities that have already announced pay increases and staff bonuses. Top group officials said they are optimistic about the India growth story, with the country likely regaining its position as the world’s fastest-expanding major economy.

Compensation of top management executives is being restored by the end of this month and pay increases are being finalised across group companies.

Bhaskar Bhat, Tata Sons director, said there is optimism about business prospects in the country.

\"Businesses in smaller towns are roaring and I am very optimistic about the Indian consumer,” Bhat said. “The wheels of growth are driven by the consumer. The group focused on protecting its employees last year and kept costs in check. Going ahead, profits will be driven by business growth too.\"

To be sure, the hospitality company that runs the
Taj<\/a> chain, Indian Hotels, continues to face growth challenges and may not raise pay, group insiders told ET.

Significant cost compressions such as electricity, security and food costs have gone straight to the bottom line, the CEO at a group company said.

“No one is talking about how much infrastructure costs they saved, with employees working from home,”said a top
industry<\/a> executive.

\"\"
<\/span><\/figcaption><\/figure>
Optimism evident<\/strong>
Companies such as Tata Power have also seen improved business.

\"Also, as essential services, our employees have shown great resilience and commitment toward their roles despite health concerns and we find it appropriate to acknowledge and reward their contribution to growth,\" a top company official said. A
Tata Capital<\/a> spokesperson said monthly business disbursements are back to similar or higher levels than last year.

\"Monthly collection efficiencies are also moving to a better level than the same time as last year. Focus on more use of digital channels for sales, service and collections across products has brought down cost to income ratios. We are optimistic about the India growth story next year, with the country becoming the fastest growing economy\" she said.
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Tata Sons恢复工资,可以提供支付上涨很快

管理高管的薪酬是由这个月底恢复并在集团公司加薪被敲定。

卡拉Vijayraghavan Rajesh Mascarenhas
  • 更新2021年3月24日12:14点坚持
塔塔的儿子控股公司的多样化塔塔集团,一些操作实体在salt-to-software集团已经恢复员工工资和可能会宣布加薪2021年高管估计减薪20%去年降低成本通过Covid-induced经济衰退。

TCS,沃尔塔,塔塔消费者,泰坦,塔塔汽车(Tata Motors),塔塔化工,塔塔,塔塔钢铁,特伦特和TataCapital集团蓝筹实体已经宣布加薪和员工奖金。集团高层官员说他们印度增长持乐观态度,与该国可能恢复全球增长最快的主要经济地位。

广告
管理高管的薪酬是由这个月底恢复并在集团公司加薪被敲定。

Tata Sons导演巴斯卡尔·巴特说,有对商业前景的乐观情绪。

“企业在小城镇咆哮,我非常看好印度消费者,“Bhat说。“增长的车轮是由消费者驱动的。去年集团专注于保护其员工和保持成本。马上要开始了,利润也将推动业务增长。”

可以肯定的是,酒店经营的公司泰姬玛哈链,印度酒店,继续面临增长的挑战和可能不提高工资,集团内部人士告诉等。

显著的成本按压如电,安全与食品价格已经连续的底线,在集团公司首席执行官说。

“没有人谈论他们得救了,多少基础设施成本与员工在家工作,”说行业执行官。


乐观情绪明显
塔塔电力等公司也看到改进业务。

”也基本服务,我们的员工表现出了极好的韧性和承诺对他们的角色,尽管健康问题和我们找到适当的承认和奖励他们的贡献增长,”公司的一名高级官员说。一个塔塔的资本发言人说每月业务支出比去年回到类似的或更高的水平。

广告
“每月收集效率也搬到一个比去年的同时更好的水平。关注更多的使用数字渠道销售,服务和集合产品带来了成本与收入比率。我们看好印度明年增长故事,随着中国成为全球经济增长最快的”她说。
  • 发布于2021年3月24日12:14点坚持
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Tata Sons<\/a>, the holding company of the diversified Tata Group<\/a>, and several operating entities<\/a> in the salt-to-software conglomerate have already restored staff salaries and will likely announce pay increases<\/a> in 2021 after top executives took an estimated 20% pay cut last year<\/a> to hold down costs through the Covid-induced economic downturn.

TCS, Voltas, Tata Consumer, Titan,
Tata Motors<\/a>, Tata Chemicals<\/a>, Tata Power, Tata Steel, Trent and TataCapital are among the group blue-chip entities that have already announced pay increases and staff bonuses. Top group officials said they are optimistic about the India growth story, with the country likely regaining its position as the world’s fastest-expanding major economy.

Compensation of top management executives is being restored by the end of this month and pay increases are being finalised across group companies.

Bhaskar Bhat, Tata Sons director, said there is optimism about business prospects in the country.

\"Businesses in smaller towns are roaring and I am very optimistic about the Indian consumer,” Bhat said. “The wheels of growth are driven by the consumer. The group focused on protecting its employees last year and kept costs in check. Going ahead, profits will be driven by business growth too.\"

To be sure, the hospitality company that runs the
Taj<\/a> chain, Indian Hotels, continues to face growth challenges and may not raise pay, group insiders told ET.

Significant cost compressions such as electricity, security and food costs have gone straight to the bottom line, the CEO at a group company said.

“No one is talking about how much infrastructure costs they saved, with employees working from home,”said a top
industry<\/a> executive.

\"\"
<\/span><\/figcaption><\/figure>
Optimism evident<\/strong>
Companies such as Tata Power have also seen improved business.

\"Also, as essential services, our employees have shown great resilience and commitment toward their roles despite health concerns and we find it appropriate to acknowledge and reward their contribution to growth,\" a top company official said. A
Tata Capital<\/a> spokesperson said monthly business disbursements are back to similar or higher levels than last year.

\"Monthly collection efficiencies are also moving to a better level than the same time as last year. Focus on more use of digital channels for sales, service and collections across products has brought down cost to income ratios. We are optimistic about the India growth story next year, with the country becoming the fastest growing economy\" she said.
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