New Delhi [India], July 30 (ANI): The common compensation for Chief Govt Officers (CEOs) in India’s listed corporations touched ₹7.2 crore, rising at an annual fee of 9 per cent during the last decade, in keeping with a report by govt search agency Useful resource Bridge.
The report noticed that Chief Monetary Officers (CFOs), by comparability, drew a median of ₹2.3 crore, with compensation ranges rising 1.7 instances over the identical interval.
The report signifies that CEO compensation has doubled within the final 10 years, whereas CFO pay has registered a major, although comparatively reasonable, development.
“CEO’s compensation greater than doubled, from ₹3.3 crore in FY15, to ₹7.2 crore in FY24 – a 9 per cent CAGR development over a 10-year interval,” the report finds.
Apparently, CEOs within the manufacturing sector proceed to command a few of the highest pay packages, whereas CFOs in service-led industries have emerged as high earners amongst their friends.
A notable regional disparity additionally comes via within the knowledge as CEOs and CFOs in northern India command the very best compensation throughout the nation, whereas these primarily based within the east constantly earn the east. The pattern holds throughout sectors and firm sizes.
Possession construction additionally performs a decisive position in govt compensation. Multinational firms, in keeping with the report, proceed to outpace Indian-owned corporations when it comes to pay on the high ranges. Moreover, corporations that cross vital turnover thresholds of ₹5,000 crore, ₹50,000 crore and ₹1 lakh crore present a pointy upward inflexion in govt pay.
The commentary additionally reveals a stark distinction in pay between multinational corporations and Indian corporations. In accordance with the report, multinational corporations (MNCs) in India pay their staff about 10-11 per cent greater than similar-sized Indian corporations.
The CEO Compensation Report 2025 and CFO Compensation Report 2025 are the end result of a three-month evaluation of annual reviews from practically 1,000 listed corporations, coupled with open-source monetary knowledge within the public area.
Spanning over 20 business sectors and backed by knowledge from FY15 to FY24, the report positions itself as some of the complete compensation research for high management roles within the nation. (ANI)