Pay of HR heads rises as finance sector expands

January, 2020

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The expanding gamut of the financial services sector is leading to an increase in crorepati human resource professionals, with salaries of chief HR officers catching up with those of chief executive officers in finance and compliance functions.

The emergence of new segments like small finance banks and financial technology companies, and the expansion of non-banking finance corporations, with a flood of private equity money backing these businesses, are opening up high-profile opportunities for HR executives, driving big movements and payouts in this space.

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