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Several companies are handing out more than 100% variable payouts - May 31, 2011

31-Dec-1969 - As a result of the record double-digit growth rates in sales and profits in 2010-11, Indian companies have showered one of the best performance-

As a result of the record double-digit growth rates in sales and profits in 2010-11, Indian companies have showered one of the best performance-linked bonuses on employees this year. Some of them doled out more than 100% of the target variable pay for top performers.

Source : www.economictimes.com, May 31, 2011. “Mahindra Satyam, Samsung, LG & Essar Group among companies handing out more than 100% variable payouts”

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