Performance pay helped top India Inc executives get hikes in 2013
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Randstad pegs the average tenure for top executives at 6.8 years and estimates 60 per cent of Indian CEOs to be holding office for less than 5 years.
Sector-wise, senior executives in many industries such as telecom, automobiles, infrastructure, real estate, power and aviation had the most disappointing time owing to slowdown, falling rupee, rising cost of fuel and raw material as well as difficulty in raising funds for business operations.
In contrast, top corporate leaders across IT, ITES, healthcare, FMCG, hospitality, retail, e-commerce, education had a relatively rewarding year.
"Rupee depreciation augmented the good performance of companies with export opportunities," Randstad's Uppaluri said.
"Power and Infrastructure has definitely been the worst hit last year owing to a tough political scenario as projects haven't moved well and it has been difficult to perform," Spectrum's Gupta noted.
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