Hindustan Unilever (HUL) Managing Director Rohit Jawa’s salary has increased by 3.75% in the financial year 2024-2025. This brings his total annual salary to Rs. 23.23 crore.
As per the reports by the company Jawa’s compensation included a fixed salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a performance bonus of Rs 3.78 crore, and long-term incentive benefits amounting to Rs 2.76 crore.
Jawa’s earnings for FY25 were 146.47 times the salary of HUL’s median employee. This is comparatively less than FY24, when his salary was 153.03 times that of his company’s median employee.
The Managing Director’s increase in salary comes with reports of HUL’s workforce shrinking by 8.46%. As of March 31, 2025, the company had 6,604 permanent staff, compared to 7,215 from a year prior.
Though HUL’s workforce has reduced in number, its media employee compensation did increase by 8.39% over the span of a year. The non-managerial staff in the company saw an average salary hike of 4.62%, excluding any promotional increases. The company emphasised that the increase aligned with the market standards and business performance.
“In this environment, we remained focused on driving volume-led growth and enhancing our competitiveness,” Jawa shared while talking about softened urban demand and slow recovery in the rural areas. HUL’s Chairman Nitin Paranjpe added that the company’s business saw many challenges in the last year, with unpredictable weather patterns, volatile commodity prices, and weak consumer sentiment.
That said, Paranjpe has faith in India’s long-term growth, claiming that the country is “well-poised to deliver strong and consistent growth with rising affluence, a burgeoning middle class, a vibrant young working population empowered by a strong public digital backbone and growth-oriented policies”.
“Economic development, technological advancements and a better quality of life have fuelled the aspirations of our consumers. These new dynamics present a significant opportunity for the FMCG sector,” Paranjpe added. He cited HUL’s recent acquisition of Minimalist as the company’s focus on building a robust portfolio for future growth.