The average yearly compensation of chief executive officers (CEOs) in India stands at ₹13.8 crore, up 40 per cent from 2020, when it was 9.8 crore, a survey released on Monday showed.
It added that in the past four years, the number of CEOs earning more than 20 crore had doubled.
The survey titled Deloitte India Executive Performance and Rewards Survey 2024, based on the analysis of 400 organisations, said that 75 per cent of all CEOs in India now earned more than ₹5 crore annually. This was 66 per cent in 2020. The percentage of CEOs earning between ₹25 crore and ₹10 crore annually has decreased to 26 per cent from 35 per cent. But the percentage of those earning between 10 crore and ₹20 crore has increased from 22 per cent to 27 per cent. The percentage of CEOs earning more than ₹20 crore has doubled from 10 per cent to 21 per cent.
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