Big Bucks: L&T Chairman SN Subrahmanyan Who Wants 90Hr Workweek Earns ₹51Cr-Whopping 535X More Than Average Employee!

(MENAFN- Live Mint) Larsen & Toubro (L&T) Chairman SN Subrahmanyan who has expressed support for 90 hour workweeks for company employees, is pulling in the big bucks - earning around ₹51 crore per year, which is a whopping 535 times more than his average employees' annual salary.

According to The New Indian Express, Subrahmanyan's salary for 2023-24 was an eye-popping ₹51 crore. Here's a breakdown: Base salary of ₹3.6 crore, prerequisites worth ₹1.67 crore, Commission of ₹35.28, and retirement benefits of ₹10.5 crore - totalling ₹51 crore.

Also Read | Deepika Padukone SHOCKED at L&T Chairman's remark on 'working on Sundays'

As per HR Katha, his salary is 534.57 times higher than the median salary of L&T employees, which was around ₹9.55 lakh in FY23-24.

Also Read | L&T clarifies Chairman Subrahmanyan's 90-hour workweek remark L&T Clarifies Stance

L&T on January 9 issued a clarification on Subrahmanyan's remark on the 90-hour workweek. A company spokesperson, in a statement, said Subrahmanyan's remarks reflected the larger ambition for India, which emphasised achieving extraordinary outcomes by making extraordinary efforts.

“The chairman's remarks reflect this larger ambition, emphasising that extraordinary outcomes require extraordinary effort. At L&T, we remain committed to fostering a culture where passion, purpose, and performance drive us forward,” said the Larsen and Toubro spokesperson, while clarifying the chairman's comment.

“At L&T, nation-building is at the core of our mandate. For over eight decades, we have been shaping India's infrastructure , industries, and technological capabilities. We believe this is India's decade, a time demanding collective dedication and effort to drive progress and realise our shared vision of becoming a developed nation.”

Also Read | 'Why shouldn't he stare at his wife?', Jwala Gutta blasts L&T chairman Netizen Points Out Reality of Life

Posting on social media platform X (formerly known as Twitter), a netizen addressed Subrahmanyan's thoughts, and posed the common man's lifestyle.

“Dear sir, after one or two years of marriage, nobody stares at their wife or spouse. But yes, those hardworking people who work for your company don't have 7 to 8 servants to do the pending jobs piling up at home like washing clothes, cleaning cars, taking their kids for a movie, or clearing their doubts, or just simply cleaning out a cupboard or getting a haircut,” user Poornima wrote.

She added,“Let your young employees enjoy family life. Give them an option to work on Sundays or enjoy a holiday. Family life and leisure time is as important as work life and money. When did you last receive a call from your loved one saying we are waiting for you at home and dinner is ready ?? I receive such a call everyday, and I consider myself the richest daughter in the world.”

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