IN AN IDEAL WORLD, remunerations of leadership teams and employees should show positive correlation. If the CEO’s pay grows, so should the employee’s.
At ₹1,825.8 crore, total remuneration (which includes bonus and stock options wherever applicable) of the top 50 executives at Fortune India 500 companies grew by ₹243 crore or 15.35% in FY19. What about growth in employees’ pay? Just 7.26% in FY19, compared to 10.22% growth recorded in FY18. One may argue there is positive correlation, but what about the difference? There are six executives who earned more than 1,000 times the median remunerations of their respective employees.
Esta historia es de la edición December 15, 2019 - March 14, 2020 de Fortune India.
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Esta historia es de la edición December 15, 2019 - March 14, 2020 de Fortune India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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