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Interesting Facts About CEO Salaries In India – CEOs In India Make An Avg Rs.2 Crore Per Year

According to the top executive compensation report 2011-12, released by Hay Group, a global management consultancy the average annual compensation for a CEO in India stands at over Rs.2 crore and for the next level of top executives the average pay package is now above Rs.1 crore.

Indian CEOs make truckloads of money

Indian CEOs make truckloads of money

This is nearly 2.6 times the pay package for other top business executives in the country. The report also stated that the compensation has crossed Rs.2 crore mark, on cost-to-company (CTC) basis. A CTC pay package usually includes salary, bonus, commissions, reimbursements, and various other benefits.

And according to the data given by certain listed companies, in 2010-11, their top-management remuneration increased by 36%, while the rise in overall staff costs was about 18 %.

The data given by the government shows that India’s per capita income raised by 15.6 % to cross Rs. 50,000 level for the first time in 2010-11 and expectations are made that this value will further increase and cross Rs. 60,000 level in this current fiscal year, which ends on March 31st, 2012.

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