Indian CEOs Average Salary At Rs 13.8 Cr, Up 40% Compared To Pre-Covid 19: Report
According to Deloitte, CEO compensation in India has seen high-single-digit annualised growth rates.
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According to Deloitte, CEO compensation in India has seen high-single-digit annualised growth rates.
India News: NEW DELHI: The average CEO compensation in India stood at Rs 13.
The average CEO compensation in India stood at Rs 13.8 crore, up 40 per cent compared with pre-COVID-19 times, and more than half of the overall remuneration is linked to short-term and long-term incentives, says a Deloitte report.
According to Deloitte, CEO compensation in India has seen high-single-digit annualised growth rates.
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.