Changes in the Executive Bonus Payment Patterns in India Between 2008 - 2016: Some Evidences

Changes in the Executive Bonus Payment Patterns in India Between 2008 - 2016: Some Evidences This article provides a brief overview of the trends in bonus payment to executives in India. Using data from the voluntary web based survey of Paycheck India, which is a part of WageIndicator Foundation, this article analyzes the trends in five types of bonuses, viz., performance, end-of-year, festival, profit-share and others, from 2008 to 2016, across public and private sectors and four types of industries, viz., manufacturing and construction; trade, transport and hospitality; commercial services; and public sector, health care and education. The results suggest that performance bonus is the most popular type of bonus, while profit-share is the least popular. However, from 2008 to 2016, the shares of all types of bonuses in both sectors (Public and Private) and all industries have been declining, and in most of the large industries and firms, bonuses in terms of cash payments are now restricted to fewer executives. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Compensation & Benefits Review: The Journal of Total Compensation Strategies SAGE

Changes in the Executive Bonus Payment Patterns in India Between 2008 - 2016: Some Evidences

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Publisher
SAGE
Copyright
© 2018 SAGE Publications
ISSN
0886-3687
eISSN
1552-3837
D.O.I.
10.1177/0886368718757095
Publisher site
See Article on Publisher Site

Abstract

This article provides a brief overview of the trends in bonus payment to executives in India. Using data from the voluntary web based survey of Paycheck India, which is a part of WageIndicator Foundation, this article analyzes the trends in five types of bonuses, viz., performance, end-of-year, festival, profit-share and others, from 2008 to 2016, across public and private sectors and four types of industries, viz., manufacturing and construction; trade, transport and hospitality; commercial services; and public sector, health care and education. The results suggest that performance bonus is the most popular type of bonus, while profit-share is the least popular. However, from 2008 to 2016, the shares of all types of bonuses in both sectors (Public and Private) and all industries have been declining, and in most of the large industries and firms, bonuses in terms of cash payments are now restricted to fewer executives.

Journal

Compensation & Benefits Review: The Journal of Total Compensation StrategiesSAGE

Published: Apr 1, 2017

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