Pay of Indian CEOs outpaced performance in last 5yrs: Report
The growth in CEO salaries in India's top 500 companies has outpaced performance in the past five years, as per an analysis by proxy advisory firm IiAS. While the revenue and profit grew by 48% and 45% respectively, the CEO salaries rose 85%. Further, executives getting paid over â¹10 crore has increased by 16% in the past year to 123.