Ambanis fight for talent | Latest News India - Hindustan Times
close_game
close_game

Ambanis fight for talent

None | ByVenkatesh Ganesh, Mumbai
Jan 31, 2006 02:18 AM IST

Anil is doling out substantial salary hikes to some executives at Reliance Info, reports Venkatesh Ganesh.

You don't have to be nice to a brother you aren't talking to. Or do you? Anil Ambani, for one, doesn't believe in Bollywood values. If it's war, it's war: hit the mattress and look after the boys.

HT Image
HT Image

Anil has drawn up a list of Reliance Infocomm employees who he wants to keep at any cost. In the reorganisation following the split of the Reliance empire, these employees can stay or join another group company.

HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

Junior Ambani doesn't want to lose some of these people. And here is how he is keeping them: an upfront 10-20 per cent pay hike, backed by a three-year projection of career and salary growth possibilities, sources in the know say.

To qualify, employees have to impress Anil. They must be specialists and must look of critical use in the long run. At least two people were selected from each department for this special treatment.

When contacted, a Reliance Infocomm spokesperson declined to comment.

The strategy appears to be working. Some employees have announced they are staying. But some are moving on -- and these are mostly people who joined when Mukesh Ambani was in charge.

"Some executives, mainly chemical engineers who don't have any career prospects in Infocomm, are in the process of moving to RIL," says a source.

While RIL pay levels average less than Infocomm, Mukesh is offering fatter pay packets for his new retail venture.

So, who’s winning this one?

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!

Get Current Updates on India News, Lok Sabha Election 2024 live, Infosys Q4 Results Live, Elections 2024, Election 2024 Date along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, April 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On