Axis Bank’s CEO gets a 7.8% hike with basic pay of Rs 2.9 crore News July 4, 2018 At Axis Bank, the staff cost has increased by 10.82 per cent from Rs 3,891.86 crores in fiscal 2017 to Rs 4,312.96 crores in fiscal 2018.
Pay raises eat into profits: Where does it stop? Exclusive Features July 11, 2016 The employee cost of organisations has increased from 7.6 per cent of the revenue in 2012, to 11.3 per cent in FY16.
