Bharat Forge top brass takes pay-cuts, Kalyani leads
Desperate times call for desperate measures. The ongoing recession has also seen many tough steps being taken, the latest being the Obama administration deciding to put a $500,000 cap on the pay of senior executives at companies hoping for government bailout money. This means that senior executives could be forced to take a pay cut. Back home in India, the scene is not too rosy either with job cuts all over. Should CEOs voluntarily take a pay cut?
Comments
0 comment