International Business News: As Covid-19 ravaged the world last year, CEOs' big pay packages seemed to be under as much threat as everything else. Fortunately for those CEOs, many
Pandemic no bar, top execs to see 6% pay hike in 2021: Aon
The median compensation, excluding long-term incentives, for owner-promoter CEOs is Rs 15 crore, Rs 12.92 crore for a Sensex CEO, and Rs 3.63 crore for CEOs at Indian private firms
Vidya S | April 14, 2021 | Updated 19:38 IST
India Inc s top honchos are likely to get a 6 per cent salary hike in 2021, with the pandemic affecting executive salaries less significantly than the global financial crisis of 2008-09, according to a study by global professional services firm Aon. At 6 per cent, the 2021 projected salary increase for senior executives is down by 1.4 per cent from 2020. The COVID-19 pandemic had less of an impact than the 2008-2009 Global Financial Crisis, when projected salary increases for senior executives dropped by almost 5 per cent, said Nitin Sethi, partner and CEO of Aon s performance and rewards business in India.
Updated Feb 18, 2021 | 12:55 IST
Reports also suggest that the percentage of women CEOs dropped to 2.4% in FY20 vs 4.1% in FY16. IRM: Why there are so few women CEOs in India
New Delhi: A recent study by executive research firm EMA Partners found that in FY20 only six of the top 250 companies CEO are women, out of which, three are founders or belong to the family of promoters. According to the global general gap report 2021, it is going to take about 100 years to achieve gender equality based on the current rate of progress.
Reports also suggest that the percentage of women CEOs dropped to 2.4% in FY20 vs 4.1% in FY16. In this segment of India Revival Mission Council, ET Now discussed the role played by women in business and huge companies.