Pandemic no bar, top execs to see 6% pay hike in 2021: Aon :

Pandemic no bar, top execs to see 6% pay hike in 2021: Aon


Pandemic no bar, top execs to see 6% pay hike in 2021: Aon
The median compensation, excluding long-term incentives, for owner-promoter CEOs is Rs 15 crore, Rs 12.92 crore for a Sensex CEO, and Rs 3.63 crore for CEOs at Indian private firms
Vidya S | April 14, 2021 | Updated 19:38 IST
India Inc's top honchos are likely to get a 6 per cent salary hike in 2021, with the pandemic affecting executive salaries less significantly than the global financial crisis of 2008-09, according to a study by global professional services firm Aon.
"At 6 per cent, the 2021 projected salary increase for senior executives is down by 1.4 per cent from 2020. The COVID-19 pandemic had less of an impact than the 2008-2009 Global Financial Crisis, when projected salary increases for senior executives dropped by almost 5 per cent," said Nitin Sethi, partner and CEO of Aon's performance and rewards business in India.

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