dc.identifier.citation | Varkkey, B., Korde , R., & Wadhawania , S. (2017). Changes in the executive bonus payment patterns in India between 2008-16: Some evidences. Compensation and Benefits Review, 49(2), 63-86. doi:https://doi. org/10.1177/0886368718757095 | en_US |
dc.description.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-ofyear, 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. | en_US |