Bharti Airtel MD Salary: These are the most expensive employees of Bharti Airtel, take more salary than Sunil Mittal

Bharti Airtel MD Salary: These are the most expensive employees of Bharti Airtel, take more salary than Sunil Mittal

Bharti Airtel is one of the largest business groups in the country. Airtel has been the country’s largest telco for decades. Right now the business of the company runs in many other countries besides India. Along with traditional telecom services, Bharti Airtel is now offering satellite internet services. It is natural that the top executives of such a big company would be getting salary in crores, but you may be surprised to know that there are people in Bharti Airtel who get more salary than the chairman.

In the annual report of the company, information has been given about the salary of the top executives of the company. According to the report, the total remuneration of Bharti Airtel Chairman Sunil Mittal in the financial year 2022-23 was Rs 16.77 crore. The company’s Managing Director Gopal Vittal’s salary was more than him. Vittal’s total remuneration during the last financial year stood at Rs 16.84 crore.

This is the reason for the difference in 2022-23

The reason for this is also revealed by the report. In fact, there was no significant change in the salary and allowances of Chairman Mittal. The amount of salary and allowances he was getting in the financial year 2021-22, he remained almost at the same level in the financial year 2022-23. Mittal’s annual salary and allowances stood at Rs 10.06 crore during the last financial year. On the other hand, in the case of Vittal, there was an annual increase of 10.4 per cent and the figure reached Rs 10.09 crore in the last financial year. During -22, the total annual remuneration of Mittal was more than that of MD Vittal, but there was not much difference in the total remuneration of both. In the financial year 2021-22, where Mittal’s total remuneration was Rs 15.39 crore, Vittal received a total of Rs 15.25 crore from the company. After that, as soon as the annual salary and allowances of Vittal increased during the last financial year, his total remuneration exceeded that of Chairman Mittal. According to the report, during the last financial year, Vittal’s total remuneration of Rs 16.84 crore included salary and allowances of Rs 10.09 crore and some other components. He got a performance-linked incentive of Rs 6.74 crore. Apart from this, Vittal also got some additional facilities. While Mittal’s remuneration of Rs 16.77 crore included Rs 10.06 crore in salary allowance, Rs 4.5 crore in performance linked incentive and Rs 2.2 crore in perquisites.

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