Executive Salaries & Perks: SJVN Chairman's Role & REC Insights

The Chairman and Managing Director of Satluj Jal Vidyut Nigam Ltd (SJVN) earns an average annual salary of ₹55.5 lakhs¹. He oversees the company's project department¹ and has successfully managed several crucial projects over his 35-year career, including the Tanakpur Hydroelectric Project on the Sharda River in Uttarakhand¹. He is currently enthusiastic about the ongoing construction of the Subansiri Lower Power Project on the Subansiri River near North Lakhimpur, Uttar Pradesh, which is India's largest hydroelectric project with a capacity of 2,000 megawatts¹. He has planned to operationalize at least one unit (250 megawatts) before his retirement¹.

Certainly! Perks are additional benefits or advantages that employees receive beyond their regular salary. These perks can vary from company to company and may include:

1. Health Insurance: Coverage for medical expenses, hospitalization, and other health-related costs.
2. Life Insurance: Provides financial protection to the employee's family in case of their demise.
3. Paid Time Off (PTO): Includes vacation days, sick leave, and holidays.
4. Retirement Plans: Such as a 401(k) or pension plan to save for retirement.
5. Flexible Work Hours: Allows employees to adjust their work schedule.
6. Work-From-Home Options: Especially relevant in recent times.
7. Company Car or Transportation Allowance: For commuting or business travel.
8. Meal Subsidies or Cafeteria Services: Access to meals during work hours.
9. Gym Memberships or Wellness Programs: Encourages physical fitness.
10. Childcare Assistance: Helps with childcare expenses.
11. Education Reimbursement: Support for continuing education or professional development.
12. Stock Options or Equity: Ownership in the company.
13. Travel Benefits: Discounts on flights, hotels, etc.
14. Mobile Phone or Internet Reimbursement: Covers communication expenses.
15. Employee Assistance Programs (EAP): Provides counseling and support services.

Remember that perks can vary based on the organization's policies and the employee's position. It's essential to check the specific perks offered by your employer. 😊

Here are the average annual salaries for other executives at Rural Electrification Corporation (REC) based on the latest available data: