Scarcity of Holistic CEOs to Push CEO Compensation North

Global management consultancy Hay Group released the Top Executives Compensation report today, revealing that the average CEO's compensation in India has crossed the INR 2 crores / USD 400,000 mark, on a cost to company (CTC) basis.

New Delhi, India (prHWY.com) March 1, 2012 - Global management consultancy Hay Group released the Top Executives Compensation report today, revealing that the average CEO's compensation in India has crossed the INR 2 crores / USD 400,000 mark, on a cost to company (CTC) basis.

*CEO compensation at large, complex organizations has crossed the INR 7 crores mark.

*Greater focus on linking performance to CEO compensation reflected in higher proportion of short term variable pay and evolving prevalence of LTIs.

*Benefits have been on a decline, with chemicals sector at 16% of CTC and transportation at 6% of CTC.

The Top Executive Compensation Report 2011-2012 features insights from about 87 organizations across sectors, analyzing compensation practices of top executives - CEOs, their direct reports, and heads of businesses as well as functions.

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Tag Words: management consultant, management consultancy, management consultants, employee training, training of employees

Categories: Management

Press Release Contact
Nidhi Mehra
Email : nidhi.mehra@haygroup.com
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http://www.haygroup.com/in/

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