Indian CEOs’ average salary up by about 9.1%

The average Chief Executive Officer (CEO) compensation has increased by 21%, over the last four years

January 31, 2023

Over the last four years, the average CEO compensation has increased to INR 8.4 crore

The sum of variable pay and Long-Term Incentives (LTI) for total compensation increased to 40% of the total compensation

The increasing salary trend among senior executives indicated the value that they bring to the organization

LTI, among the Bombay Stock Exchange’s (BSE) top 30 companies, is provided at 176% of fixed pay for CEOs

The average salary of senior executives and CEOs in India has increased by nearly 9.1% this year, according to a report from global professional services firm Aon.

According to the report, the average CEO compensation has increased by 21% to INR 8.4 crore over the last four years. Additionally, the sum of variable pay and long-term incentives (LTI) for total compensation increased to 40% of the total compensation, in comparison to 26% in FY16. 

The report, which analysed data from across 519 companies from more than 25 industries, mentioned that the increasing salary trend among senior executives indicated the value that they bring to the organization and was a way of rewarding them.


Source:Mint

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