Well guys,
the biggest reason as why many still want to join banks like ICICI/HDFC n FMCG packs like HUL/ITC as they give pay u as per your caliber ...but OP bhatt of SBI(chairman) annual compensation is very less just at 27 lakhs while shikha sharma of axis bank is over 3 crores..it is interesting to note that ca final topper of 2007 who also completed cs with rank is getting just above 27 lakhs..it would be waste of time to mention highest salary of fresher IIM grad which is already over 50 lakhs per annum..By his(op bhatt) own admission , he cannot afford to retire on the pension of SBI. “I need to work to support my family,” he says rather humbly over coffee in his rather spacious 18th floor office in Mumbai’s central business district — Nariman Point.However, there is something about that list which bothers him. He points out that he is the lowest-paid CEO on the Fortune 500 list. (The SBI chairman’s compensation in the last financial year was Rs 27 lakh, while on an average a Fortune 500 CEO earns more than $10 million or Rs 47 crore a year)....
CAclubindia
