Paycheck
Hero MotoCorp Chairman Pawan Munjal to take 20% cut in fixed salary
Hero MotoCorp on Wednesday said its board has approved a 20 per cent reduction in the fixed salary of Chairman Pawan Munjal following his request. Earlier this year, Munjal decided to separate the roles of the Chairman & CEO and appoint a CEO for the company, Hero MotoCorp said in a regulatory filing. "Following this transition, he has now volunteered to reduce his fixed salary by 20 per cent. The same was approved by the Board of Directors at its meeting today (November 1) following the recommendations of the Nomination & Remuneration Committee," it added. The updated remuneration of the executive chairman will be effective January 1, 2024, the company said. According to the company's annual report for 2022-23, Munjal's remuneration was Rs 99.55 crore in the fiscal. In March this year, Hero MotoCorp announced the elevation of Niranjan Gupta as the new CEO from Chief Financial Officer, Head - Strategy and M&A, and assumed the new role with effect from May 1, 2023. Munjal ..
 "Hero MotoCorp Chairman Pawan Munjal to take 20% cut in fixed salary")
How personality affects your paycheck
Most generally, these personality traits start to correlate more strongly with income when workers are in their early 30s, and their influence peaks between the ages of 40 and 60, dwindling thereafter
