Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
CEO Pay
Moreover, a user on Twitter shared a screenshot of the story in which the CEO responded to the question
Median employees in most sectors earn less than Rs 10 lakh per annum
Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India
Is the worst of inflation behind us? How can we solve India Inc's high CEO pay problem? Is it time to sell dairy stocks? Do you need to pay GST on rent? All answers here
There is a yawning chasm between CXO salaries and those of the other employees. Companies are expected to maintain a reasonable CEO-to-worker pay ratio. But are they doing it? Let us find out
HCL Tech, in its annual report, said that it provided a remuneration of Rs 123 crore to its chief executive officer (CEO) C. Vijaykumar last year, making him the highest-paid Indian CEO right now
Infosys CEO Salil Parekh saw his total pay jump by 43% to Rs 71.02 crore, the company's annual report showed
This compensation average includes both, promoter CEOs' salary as well as professional CEOs and also accounts long-term incentives (LTIs)
Is the auto industry on the fast lane? Why are startup CEOs getting salary jump before IPOs? What have the markets priced in before rate hike? Why is a Dutch firm key to all chip-makers? Answers here
Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there's much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Jane Stevenson, vice chair, Board & CEO Services at organisational consulting firm Korn Ferry said while it is good that women CEO's pay rose, there is still a lot to be done. I think the danger is to look at those cases of CEOs making more their peers and see a message about the pay gap being closed it's not, she said. Of the 340 CEOs in the latest survey of S&P 500 companies, 18 were women, up from 16 in 2020. Profits for S&P 500 companies rose roughly 50% and the index gained about 27%. Because the bulk of a CEO's compensation is tied to such ...
Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analysed for The Associated Press by Equilar. The gain towers over the 4.4% increase in wages and benefits netted by private-sector workers through 2021, which was the fastest on record going back to 2001. The raises for many rank-and-file workers also failed to keep up with inflation, which reached 7% at the end of last year. CEO pay took off as stock prices and profits rebounded sharply as the economy roared out of its brief 2020 recession. Because much of a CEO's compensation is tied to such performance, their pay packages ballooned after years of mostly moderating growth. In many of the most eye-popping packages, such as Expedia Group's, valued at $296.2 million and JPMorgan Chase's $84.4 million, boards gave ...
Corporate India's leading earners got a total paycheck of Rs 3,222.4 crore - up from Rs 2,424.9 crore a year ago
Intel has asked shareholders to vote in favor of its executives' compensation at the annual stockholder's meeting on May 12
Marcelo Claure was already one of the highest paid executives at the Japanese tech giant after earning a pay package of $17 million in 2020.
But they head smaller companies; rely more on senior management for feedback
The company said the primary concern of the investors was not Lal's reappointment or the proposed compensation
About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution
Vodafone Idea Limited (VIL) may bear expenses incurred by Takkar for the business of the company, the notice for the 25th annual general meeting of the company stated
The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry
His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in the range of 1.7-2.5 million euros per annum