India beat its arch rivals Australia 2-1 in a 4-match test series, retaining their top spot in the process and thereafter Indian captain was presented with the test mace. The recent change at the helm in BCCI has seen transactions being cleared and sorted out. No irregularities in the money allotment to the associations and an experienced selection panel have been drafted in.
BCCI is the richest board in the world and pays heavily for its players and support staff. BCCI recently in its annual conference doubled the salary of 32 players in its central contract for the year 2017. 7 notable players like MS Dhoni, Virat Kohli, Ajinkya Rahane, Ravichandran Ashwin, Murali Vijay, Cheteshwar Pujara and Ravindra Jadeja bagged A-grade contracts. Their annual retainer fee has been doubled to 2 crores per annum. Grade-B players will get 1 crore annually while grade-C players will get 50 lakhs each. Suresh Raina and Harbhajan Singh were big names to miss out on a contract. Rising star Rishab Pant has been granted grade-C contract.
Match fees have also been increased for players in the starting XI. Fees for a test match has been increased to 15 lakh from 7.5 lakh, ODI fees to 6 lakh and T20I to 3 lakh. A number of hard work players put in will reap them better awards which will be effective from 1st of October. The decision was taken after consulting the national selection committee.
BCCI has also awarded the national men's team for their incredible performance throughout the home season defeating every team that came their way. The board announced a reward of 50lakh for each player of the squad, 25Lakh for head coach Anil Kumble and 15 lakh for each member of the support staff.
These rewards are just the right thing for the amount of hard work the players put in and the effort of the support staff behind them. Certainly, good times for the team both professionally and commercially.
BW Reporters
The author is a correspondent with BW Businessworld with keen interest in HR and employee welfare.
