'Indians least willing to take pay cuts for ideal job'

Indian executives were the least willing to take a pay cut for an ideal job, said a study by PricewaterhouseCoopers (PwC) and London School of Economics (LSE). The study-'Making Executive Pay work -Psychology of Incentives', showed that around 50 per cent of the executives in India choose a clearer pay package than a more ambiguous one of the same or potentially higher value. The executives from across the world said that they would take a 28 per cent pay cut for their ideal job. Indian executives said that they would take 24 per cent pay cut, the lowest cut across the nations surveyed.