Average salary of CEO in the country increased in the first wave of epidemic, mid level salary decreased

The wealth of the rich has increased during the two years of the Kovid-19 pandemic.

The wealth of the rich has increased during the two years of the Kovid-19 pandemic. There has been a huge increase in the salary of the people present in the post of CEO of different companies in India.

wealth of rich people covid-19 pandemic (Covid-19 Pandemic) increased during the two years. Number of people present in the post of CEO of different companies in India salary (Salary) There has been a great increase in However, the salaries of mid-level employees have come down. According to a Business Standard report, the average salary of the country’s top executives has seen an increase of 2.6 percent in the first two years of the Corona epidemic. CEO (CEO) The average CEO salary has increased from Rs 11.51 crore in FY 2019 to Rs 11.81 crore in FY 2021 ie the first wave of Kovid-19 pandemic.

However, the salaries of mid-level employees have fallen by 0.5 per cent from the pre-pandemic levels. According to the analysis, the CEO of the company has received a salary of Rs 11.81 crore in the financial year 2020-21. During this time, a mid-level employee got a salary of Rs 6.4 lakh.

The analysis is based on a sample of 76 companies from the Nifty 100 Index. It has been told in the report that the difference of earnings between the top management and the general employees is more than that reported in Divi Laboratories. In that report, the CEO’s compensation in the financial year 2020-21 was Rs 80.84 crore. Whereas, the salary of a mid-level employee is Rs 4.5 lakh.

Minimum difference in Coal India

On the other hand, income inequality is lowest in Coal India. In this, the salary of CEO is Rs 63.82 lakh in FY 2021. Whereas, the salary of a mid level employee is Rs 17.14 lakh.

Among sectors, pharma companies have been the biggest difference between top executive salaries and mid-level employees. After this comes the automotive and telecom sector. The banking sector has the least income inequality. The average salary of CEO in this sector in the financial year 2020-21 is Rs 5.51 crore and that of mid-level employee is Rs 6.1 lakh.

read this also



Apart from this, let us tell you that there has been a tremendous increase in the salary of Salil Parekh, CEO of Infosys. Infosys has increased the salary of its CEO by 88 percent. Salil Parekh’s annual salary has increased from Rs 42 crore to Rs 79.75 crore after 88 percent increase in salary. The software company justified the tremendous increase in the salary of the CEO and said that Infosys has made tremendous growth under Salil’s leadership.

Source link

Leave your vote

Related Articles

Back to top button

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.