What is the salary of the Vice President - IT at Hindustan National Glass?

The Vice President - IT position at Hindustan National Glass & Industries Limited (HNGIL) commands an average annual salary of ₹21,93,333. The salary range for this role typically spans from ₹21,65,000 (minimum) to ₹22,50,000 (maximum).

Some approximate annual salaries for key positions at Hindustan National Glass & Industries Limited (HNGIL), based on available data:

1. President & CFO (Mr. Bimal Kumar Garodia): The salary for this senior leadership role is typically within a higher range, but specific details are not publicly disclosed.
2. Sr. Vice President – Strategy & Management Cell (Mr. Ajay Kr. Rai): The salary for this strategic planning and management role may vary based on experience and responsibilities.
3. Sr. Vice President – Management Audit (Mr. Somnath Sengupta): The salary for this position, responsible for ensuring compliance and efficiency, is competitive and aligns with industry standards.
4. Vice President - IT (Mr. Bharat Somany): The average annual salary for the Vice President of IT is approximately ₹21,93,333.
5. Vice President – Finance (Mr. Alok Taparia): The Vice President of Finance oversees financial planning, budgeting, and reporting, with a salary typically reflective of their expertise and responsibilities.
6. Assistant Vice President - HR (Mr. Manoj Bhaskaran): Salaries for Assistant Vice Presidents in HR can vary based on experience and company policies.

The key responsibilities associated with this role:

1. Strategic Planning:
   • Collaborate with senior management to define the IT vision, goals, and strategies aligned with overall business objectives.
   • Assess emerging technologies and recommend innovative solutions to enhance operational efficiency and competitiveness.
2. Technology Leadership:
   • Oversee the design, development, and implementation of IT systems, applications, and infrastructure.
   • Ensure technology investments align with business needs and provide a competitive edge.
3. Infrastructure Management:
   • Manage the company's IT infrastructure, including servers, networks, databases, and security systems.
   • Optimize infrastructure performance, scalability, and reliability.
4. Application Development and Maintenance:
   • Supervise software development teams to ensure timely delivery of high-quality applications.
   • Oversee maintenance, upgrades, and enhancements of existing applications.
5. Cybersecurity and Risk Management:
   • Oversee cybersecurity measures, risk assessments, and compliance to protect the organization's digital assets.
   • Collaborate with internal and external stakeholders to mitigate risks effectively.
6. Budgeting and Cost Control:
   • Plan the IT budget efficiently and allocate resources appropriately.
   • Monitor expenses, negotiate contracts, and optimize costs to ensure effective budget management.
7. Vendor Management:
   • Interact with technology vendors, negotiate contracts, and evaluate vendor performance.
   • Ensure effective partnerships and timely delivery of services.
8. Data Management and Analytics:
   • Establish data governance practices and leverage analytics and business intelligence for informed decision-making.
   • Drive initiatives to manage and utilize data effectively across the organization.
9. Team Leadership and Talent Development:
   • Build and lead a skilled IT team, fostering a positive work environment and encouraging professional growth.
   • Ensure team alignment with organizational goals and objectives.
10. Digital Transformation:
    • Drive digital initiatives such as cloud adoption, automation, and process digitization.
    • Champion innovation and adaptability to drive digital transformation across the organization.

Some additional benefits that a Vice President - IT at Hindustan National Glass & Industries Limited (HNGIL) might receive:

1. Health Insurance Coverage:
   • HNGIL may provide comprehensive health insurance coverage for the VP - IT and their dependents.
   • This coverage helps in managing medical expenses, including hospitalization, surgeries, and other healthcare needs.
2. Retirement Benefits:
   • The company may offer retirement benefits such as a provident fund (PF), gratuity, and other retirement savings plans.
   • These benefits ensure financial security for the VP - IT post-retirement.
3. Performance-Based Incentives:
   • In addition to the base salary, the VP - IT may be eligible for performance-based incentives or bonuses.
   • These incentives are linked to individual or company performance and serve as a reward for achieving set targets or milestones.
4. Professional Development Opportunities:
   • HNGIL may invest in the VP - IT's professional development by providing opportunities for training, certifications, seminars, and workshops.
   • These opportunities enhance the VP - IT's skills and expertise, ensuring they stay updated with the latest trends and technologies in the industry.
5. Flexible Work Arrangements:
   • The company may offer flexible work arrangements such as telecommuting, flexible hours, or compressed workweeks.
   • This flexibility allows the VP - IT to better manage their work-life balance and enhances job satisfaction.
6. Stock Options or Equity Participation:
   • As a senior executive, the VP - IT may be eligible for stock options or equity participation in the company.
   • This provides them with an opportunity to share in the company's success and aligns their interests with those of the organization.
7. Executive Perquisites:
   • Executive perquisites, also known as "perks," may include benefits such as executive dining, club memberships, car allowances, or personal assistants.
   • These perks enhance the VP - IT's lifestyle and may serve as additional incentives for top talent.