New Delhi: The average annual compensation for a CEO in India stands at over Rs 2 crore and is nearly 2.6 times the pay package for other top business executives in the country, as per a new study. According to the top executive compensation report 2011-12, released by global management consultancy Hay Group on Thursday, the average CEO (Chief Executive Officer) compensation has crossed Rs 2-crore mark, on cost-to-company (CTC)...
Indian-born steel tycoon L N Mittal's pay packet is 33 times bulkier than average pay packets of CEOs in India. ...