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Remunerations paid to top bosses in corporate India are increasingly coming under scrutiny, just as the gap between salaries of workers and top bosses widens.

Indian corporate boards and their nomination and remuneration committees are closely examining CEO compensation amid challenging economic conditions. With declining revenues and profits for many companies, there is greater emphasis on linking CEO pay to performance, financials, and market valuation.

GM CEO Mary Barra's compensation was worth $29 million in 2022, while Ford CEO James Farley received nearly $21 million from his salary and stock awards.

That question is at the heart of the United Auto Workers union's strikes at assembly plants owned by Ford, General Motors and Chrysler parent Stellantis. UAW President Shawn Fain initially asked for a 40% increase in worker's pay over the next four years - a figure based off an approximately 40% increase in CEO pay at the companies over the last four years at a time of stable profits for two of the three automakers. CEO pay and benefits have skyrocketed in recent decades, but worker pay has not kept pace.

Key Insights Air New Zealand will host its Annual General Meeting on 26th of September CEO Greg Foran's total...