Business Standard

Tuesday, January 21, 2025 | 05:47 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Big enterprises are better employers

Average wages paid by listed companies is more than twice the salaries paid by other enterprises

Image
Premium

Mahesh Vyas
Listed companies had employed a record 10 million employees in 2021-22. Wages paid by listed companies to these employees was of the order of Rs.700,000 per employee. This is much higher than the average salary received by factory employees, which is close to Rs.300,000 or the average wages received by all salaried employees employed by listed / unlisted or big or small enterprises according to CMIE’s Consumer Pyramids Household Survey, which was Rs.263,000 during 2021-22.

Average wages paid by listed companies is more than twice the salaries paid by other enterprises. 

Listed companies are the bigger enterprises. These companies are
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in