Mumbai, March 13 : Hindustan Lever Ltd (HLL), the highest paymaster for entry-level managers in the FMCG industry, has hiked the cost to the company on this count by nearly 30 per cent to Rs 6.67 lakh this year.Last year, HLL paid Rs 5.15 lakh to entry-level managers as the cost to the company, which includes the salary. The number of managers recruited at the entry-level this year - ie 38 managers - is more or less the same as in the previous years. The cost to the company includes salary, housing, transport, and other perquisites.
According to HLL's HR head Prem Kamath: "The total cost to the company last year, over that of 1999 (Rs 3.14 lakh), was extraordinarily high - a 64 per cent jump - as the company had aligned the salary of entry level managers to confirmation levels. Now we do not treat our entry-level managers as trainees."
The four main qualities which the company observes while recruiting managers are: analytical ability, creativity, leadership qualities and knowledge about the socio-economic environment.
"We want our managers to be realistic, so that they can travel in rural areas - HLL derives 50 per cent of its sales from rural markets - with ease. We always look out for such qualities in entry-level managers," Mr Kamath said.
Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.