Hindustan Unilever has released its salary data for the last fiscal year, according to a report published Business Insider.
The company paid out Rs14.2 crore to CEO and Managing Director Sanjiv Mehta, while Chief Financial Officer P B Balaji received Rs8.33 crore – both had their salaries frozen for 2016-17.
Pradeep Banerjee, Executive Director for Supply Chain, and Executive Director for Legal & Corporate Affairs, Dev Bajpai, both saw their stipends rise 8 percent to Rs4.75 crore and Rs4.69 crore respectively.
On average, managerial staff received a pay rise of 3.1 percent, while those in non-managerial roles saw their salaries increase 5.57 percent.