Wipro aligns top executives' incentives to company performance

Wipro, India’s third largest IT services company, has tweaked the inducement structure for its high executives, whereby fifty per cent of the weightage are given to the performance of the corporate whereas determinative the incentives as compared to a specific business unit or account. the opposite fifty per cent of the weightage would tend to Individual performance and performance of the team.

The changes has been created effective Apr one this year. The new changes, aside from boosting the harmony that's crucial for the company performance, conjointly offer some level of variability within the high level compensation.

According to Sourabh Govil, president and chief human resources officer of Wipro, the concept behind these changes is to herald a larger quantity of harmony that's pretty much needed for the team’s performance. "The central plan behind this shift is that not solely will we need people and their groups to win, however their victories ought to contribute to the success of the organization,” Govil was quoted during a media report.

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