Share Market News: The post-pandemic Covid period has witnessed a lot of global changes, including India. From a hybrid work environment to rapid layoffs, the Indian market has gone through major changes, which also include salary fluctuations, especially the Indian CEOs. After COVID, an increase of about 40% has been seen in the salary of Indian CEOs. According to a report by Deloitte, the salary of Indian CEOs is now Rs 13.8 Cr.
Just like employees, CEOs’ salary is also given as a long-term incentive or share-based incentive. In the compensation of CEOs, more than 50% of the target compensation is paid risk. In this, the paid risk for professional CEOs is 57%. For promoter CEOs, it is 47% whereas professional CEOs are given 25% of their salary as a long-term incentive. If we talk about the increment of CEOs, then most companies use an overall scoreboard to check the performance of CEOs and CXOs in which the financial and non-financial scoreboard is used.
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