IT CEO pay shot up 835% in a decade while fresher’s salary grew 45%.
While the median annual pay of CEOs zoomed from Rs 3.37 crore in FY12 to Rs 31.5 crore in FY22, the median fresher package grew just 45 percent — from Rs 2.45 lakh to Rs 3.55 lakh — over the course of a decade.
In this episode, I talk about the pay parity between salaries of a fresher and a CEO of a company. I also talk about various possible reasons behind this disparity and ways to resolve shorten the gap.
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Content Credit:
Moneycontrol.com
analyticsindiamag.com
