The salary of the Chairman of L&T Group, who advised employees to work for 90 hours a week, has increased by about 50 percent to 76.25 crore in FY25. According to the company’s annual salary report, the salary of Group Chairman SN Subramanian has increased by more than 50 years as compared to last year. His salary was Rs 51.05 crore in the year 2023-24. The main reason for increasing their salary from the company has been explained to ESOP.
S. N. Subramanian said in a meeting of the company a few months ago that I am very sorry that I am not able to get you working on Sunday. I also work that day. What do you guys do by sitting in the house? You can stare at the wife for how long. Everyone should work for 90 hours a week. There was a lot of discussion about his statement. The debate about the work life balance started.
Why increased salary
On increasing the salary of the chairman, the company said that the increase in salary has been high in base salary, bonus, performance linked incense and ESOP. ESOP means employee stock option plan. Under this, he earned more through shares, due to which his discussion has started again.
Salary of the rest of the company of the company
L&T’s full-time director and CFO R Shankar Raman received a salary package of Rs 37.33 crore in 2024-25, while Deputy Managing Director and President Subramanian Sarma was given Rs 44.55 crore. These figures show that corporate sales in India are fixed on the basis of the role and performance of Employees. In the salary of the L&T chairman, the news of the insurance has come at a time when discussion is going on in India’s corporate governance and transparency of CEO salary. While investors are focusing on the returns of shareholders, the top officers are raising questions in the salary.
