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Industry leaders report that multinational corporations are offering substantial compensation packages to recruit experienced professionals for their global capability centers (GCCs) in India. Over the past two years, there has been a noticeable increase in GCCs offering annual salaries ranging from Rs 3-6 crore to specialized leadership talent. This rise reflects the advancement of captive units, which are taking on more strategic responsibilities and assuming a greater number of global leadership roles from India, according to insights from search firms and corporate executives.

CEO compensation in India Inc is on the rise, with median pay reaching Rs 9.3 crore in FY24. The average CEO compensation has surged to Rs 13.8 crore, up 40% from previous levels. About three out of every four CEOs in India now earn more than Rs 5 crore, the survey has found. CEOs earning more than Rs 20 crore in target total compensation has doubled over the last four years. Every second CEO had a target compensation of more than Rs 10 crore in FY24, compared with every third CEO in FY20.

An RSU is typically a certain number of company shares allotted to an employee as an incentive after completing a specified tenure

Demand for independent directors has become urgent, with more than 2,000 set to complete their tenures by April

A Deloitte study on CEO compensation at Nifty 50 companies reveals that nearly half of the chief executives earned over ₹20 crore in FY23, compared to 27% five years ago. Additionally, half of the promoter-incumbents earned over ₹20 crore in FY23, compared to 33% in FY18. The study also highlights that CEO compensation in India has grown 12% annually over the past five years, more than double the growth observed in the US. Pay for performance remains a focus, with over half of CEO compensation being linked to performance.