Managements of companies always complain about the total amount of salary being paid to their employees. BSNL Management is also on the same line. But what are the facts?
The CEOs and Directors of companies are being paid very high salaries, even to more than 5% of the total revenue of the company to the CEO and similar to directors also. According to the rules there is a cap of 5% which is also violated. At last the government wants to know how much the CEOs and Directors are given in comparison with the median wage the employees are getting. As such the companies will now be asked to report about the comparison of the wages of the top executives and the other employees.
The BSNL Management should also declare what is total salary bill, the perquisites and also other monetary benefits that is being paid to the CMD and the Directors