Exploring the AirAsia CEO Salary on the Industry

Everyone gets ready for affordable travel around Asia with one of the top low cost airlines AirAsia. It is a Malaysian startup which provides very low cost tickets for all. It covers more than 160 locations across 25 countries in which you can discover beaches, cultural treasure and vibrant metropolitan cities. airasia ceo salary changes over the period of time. So in today’s article we are going to explore the role of ceo and how much the airasia ceo salary is. So stay connected till the very end.

Overview of CEO Roles and Responsibilities

The airasia ceo is highly responsible for the growth of the well know carrier throughout Asia. Here are the list if ceo responsibility of ceo are as follows:

• The CEO establishes and maintains the strategy regarding airasia ceo salary per month in rupees. It includes following market trends, fleet growth and give great competition to its competitor.

• Financial Performance: The CEO is responsible for the financial performance of AirAsia. It includes the management of cost management initiatives, budgeting, and managing revenue creation plans.

• Brand Leadership: The other responsibility of a CEO is to shape the company reputation and image by Managing the crisis management, having food ties with government organizations , public relations and having good investors as well as industry partners.

• Operational Excellence: The CEO helps AirAsia to run smoothly as they manage day to day operations , follow strict safety regulations, promoting constant development through all the divisions such as customer service, marketing and by flight crew and ground crew.

• Company Culture: The ceo helps in enhancing the company culture and inspires and motivates the airline staff members. This helps in maintaining cooperation and customer focused mind-set within the business.

Importance of CEO Compensation

Here we have prepared a list for you about the importance of ceo Compensation.

• Alignment with Corporate Strategy: A compensation of the CEO should be structure in such a way that it should align with the company overall role and strategies.

• Performance Driven: Some of the portion of ceo Compensation should tied to their performance to see their interest are perfectly aligne with the company goals and objectives.

• Attracting and Retaining Talent: Having attractive and competitive Packages helps the company to attract highly skilled and experienced individuals for the CEO roles.

• Shareholder Value: The cel Compensation should be structure according to the shareholder value to drive the business results.

• Risk oversight: Compensation should be make very carefully so that they can encourage responsible risk taking and reduce the unmanner behavior. 

• Encourages long term thinking:  The Compensation should be plan in such a way that the CEO must have long term thinking and make the right decision to gain more profits.

• Helps in Talent Recruitment: Having a competitive compensation package will have tough competition to hire for the CEO role.

• Transparency and Accountability: The Compensation of CEO should transparent and meetings should be for discussing their compensation decision.

Factors Influencing The AirAsia CEO Salary

Here are some factors listed below which influence the airasia CEO salary.

Performance of the CEO

• The payment of ceo mostly depends upon their performance.
• Their compensation and incentives are frequently increase in response to their financial performance, exceeding shareholder expectations and expanding in market share.
• On the other hand , reduction in ceo Compensation is the result of low Performance and reduction in profits.

Industry Guidelines

• The Compensation of the CEO is frequently compare to the peers in the business.
• To make the airlines top and to earn more profits it can provide attractive compensation packages.
• The airasia ceo salary compensation is very similar to other Asia airlines CEO.

Size and Complexity of The Company

• Due to many Responsibilities and difficulties involved in the company the CEO Compensation is much higher from the complex organization.
• One well known airline which fits under this category is AirAsia.

Experience and Aptitude in Leadership

• Ceo who has much experience and lots of expertise in this sector must demand higher pay. 
• The CEO’s knowledge, abilities to solve the problem very quickly and have effective leadership qualities must receive a Higher compensation.

Educational Background

• The CEO who has a high advance degree from a prominent University like an MBA or other degree may help them to get higher Compensation.
• While educational background may have its role but the experience and records of leadership are given more weightage.

Supply and Demand

• Sometimes the payment of the CEO depends upon the demand for the qualified and experienced individuals.
• If there is limited vacancy for the eligible candidates for the post of ceo then the compensation may increase.

Previous AirAsia CEO Salary

Current airasia ceo salary

Ceo: Dato Seri Dr. Fernandes

Tenure: 2004- present

Achievements

• He has transformed AirAsia to a multi-national airline group in Asia.
• Mainly focused on affordability.
• Has oversaw the significant growth in the market share and brand value.

Comparison with airasia ceo salary on the Airline Industry

Conclusion

In the end, the salary of the Airasia CEO depends upon various reasons such as their performance, their role, how they manage difficulty, their education qualification and many such things that matter in order to have good compensation and salary. Each year their salary increases according to the company’s growth and capabilities of gaining profits.

All the things are kept into the consideration and the ceo are select according to their capabilities, talent and experience.

FAQ

Disclaimer

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