Average salary of Indian CEOs hits 3-year high of Rs 11.2 cr in FY22

Indian CEOs in FY22 got an average compensation of Rs 11.2 crore, with median compensation of Rs 7.4 crore, which is the highest in three years, the Economic Times reported.

According to the 2022 Deloitte India Executive Remuneration Survey, the average compensation of CEOs in FY21 was Rs 9.4 crore (Rs 6.4 crore median), while in FY20, it was Rs 9.8 crore (Rs 6.9 crore median), the report said.

This compensation average includes salaries of both promoter CEOs as well as professional CEOs. It also accounts for long-term incentives (LTIs).