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It Pays More to be an Independent Director at Top Indian Firms
It Pays More to be an Independent Director at Top Indian Firms
The IT services industry continues to be the top CEO paymaster in India despite business headwinds in the past two years, going by FY23 numbers when seven out of the 10 highest earning CEOs in the country were from this sector
In the financial year 2023, India witnessed a notable increase in the compensation of independent directors, with 151 individuals joining the crore-plus pay club compared to 67 in FY18
An analysis of Nifty 50 companies by specialised executive compensation advisory firm, Exec-Rem Advisors shared with ET has revealed