NDTV Ltd, an Indian news channel owned by the multinational conglomerate Adani group, made an announcement regarding the implementation of a salary increase across all departments of the news network. The decision to raise salaries followed a rigorous and transparent appraisal process conducted within the organization.
According to a statement from NDTV, the news network has announced an overall salary increase of 11.50%, surpassing the industry average by a significant margin.
The salary hike in the news network follows the indirect acquisition of NDTV Ltd by the Adani Group from its founders and former owners, Prannoy Roy and Radhika Roy, approximately six months ago.
NDTV emphasized that the focus was on performance-linked merit appraisals, aligning with industry best practices to ensure that employees are acknowledged and rewarded based on their performance.
This approach aims to foster a culture of fairness throughout the entire organization, as stated by NDTV. In its statement, NDTV also emphasized its commitment to staying at the forefront of the transformative changes occurring in the media industry.
With technological advancements, evolving consumer preferences, and diversification of viewership, NDTV aims to leverage its expertise and innovative approaches to deliver world-class programming to its viewers.
The statement also highlighted NDTV’s determination to adapt to these changes and maintain its position at the cutting edge of the industry.