At the ETPWLA 2023 Grand Felicitation Ceremony on August 4, 2023, the Economic Times announced 19 winners across 15 award categories selected from 76 profiles shortlisted from a record-breaking number of over 5,000 applications. These winners represent a significant leap in womens leadership, achieving historic firsts, setting new benchmarks and ushering in an era of women-led development and women-led transformation, reinventing the economy, perception of women in leadership and beyond.
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As the much-awaited Grand Felicitation Ceremony of the ETPrime Women Leadership Awards (ETPWLA) 2023 comes close, the Economic Times is delighted to unveil the shortlisted nominees for the DEI Ally of the Year Award. From promoting women in leadership roles to fostering diversity on the shop floor and championing inclusion to create an equitable work culture, these outstanding leaders have taken significant steps in driving organisation transformation and nurturing their allyship.
As many as 205 managers at Hindustan Unilever Ltd (HUL) took home more than Rs 1 crore in annual salary in FY23, up 25% from 163 in FY22. However, just a third of executives who drew eight-digit salaries were under 40 in FY23, reversing the decade-old trend when half the HUL crore club were people under that threshold.
Hindustan Unilever Ltd s (HUL) fiscal year 2023 salaries saw an increase in the number of executives earning over Rs 1 crore, with 205 managers compared to last year s 163. However, just a third of these executives were under the age of 40, reversing a decade-old trend when under-40s made up half of the crore club. Intense competition for talent from start-ups and direct-to-consumer firms are driving up the need for incentives to retain talent. HUL is known as a CEO factory and is keen to continue differentiating its rewards and careers to maintain and retain its top-tier talent.