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Top executives in Indian companies made 184 times their employees in FY21

The analysis is based on a common sample of 76 companies from the Nifty 100 index

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Sachin MampattaKrishna Kant Mumbai

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Managing directors, chief executive officers (CEOs), and other top earners in India’s largest companies saw a faster rise in compensation after the Covid pandemic, even as the median employee salary declined.

The median CEO salary in India’s top listed companies is up 2.6 per cent in the past two years, from Rs 11.51 crore in 2018-19 (FY19) before the pandemic to Rs 11.81 crore in 2020-21 (FY21).

The median employee salary in these companies is, however, still down 0.5 per cent from its pre-pandemic levels.

A typical (or median) employee in these top companies earned Rs 6.4 lakh in FY21,