Mohit Malhotra took the charge of CEO in 2019 and is working tirelessly to bring the company to the peak of success since then. Malhotra received Rs 14.60 crore as his salary in FY22, which mounted by 42.85% from the Rs 10.22 crore in remuneration he received in FY21. According to reports, Raj Subramaniam’s net worth is around USD 13.5 million. As of September 2022, it was estimated that Subramaniam is the owner of over 1,373 units of FedEx Corp stock.
Mukesh Ambani – Highest paid CEO in IndiaOne of the richest people in India and also the world, Mukesh Ambani is the CEO of one of India’s most valuable companies Reliance Industries. From a small but a fast going industry to one of the Fortune global 500 companies, Ambani has contributed on this journey of Reliance a lot. Currently, his salary is said to be INR 15 Crore and it has been the same for 12+ years. Salil S Parekh – CEO of Capgemini | Top CEO salary in IndiaSalil S Parekh is the CEO of a $10-billion IT firm.
This starting salary of the Chief Operating Officer position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount. You should try to negotiate the highest starting salary of the COO position that you can in India. This starting salary of the COO position will become the basis for all future increases while you are employed at the firm. These charts show the average base salary , as well as the average total cash compensation for the job of COO in the United States. The base salary for COO ranges from $369,500 to $615,700 with the average base salary of $475,000.
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Parekh has seen through successful acquisitions and strong business turnarounds in the past. The salary of Salil Parekh was Rs 71.02 crore between FY 21-22, making him the third-highest paid Indian CEO among Indian IT firms. Besides, Salil Parekh’s term was also extended by the company till 2027, along with a hike in his package, which has now become Rs 79.75 crore. The Aon’s 11th annual Executive Rewards Survey in India, which analysed data across 475 companies from more than 20 industries, further noted that the median CEO compensation has reached ₹7.05 crore.
CXO roles refer to common c-suite executives including CEO, chief financial officer , chief operating officer , and chief information officer . Dive into the most extensive database of job salaries available. In addition, see detailed job descriptions and get information on job satisfaction, job demographics, common job skills and how pay varies over time and between locations. Also, the average compensation of CXOs in FY22 was Rs 3.2 crore with almost 40% of total pay being at risk and long-term incentives accounted for 20% of pay. The median pay was at Rs 2.4 crore, which has remained stagnant at this level for the last two years. In FY21, the average pay of CXOs was at `3 crore and, in 2020, it was Rs 3.5 crore.
Om, as he’s fondly called, has a bachelor’s degree in veterinary science and a PGDM from IIM Ahmedabad. Om Manchanda’s salary was last reported at more than Rs 33.20 crore in FY22. Thierry Delaporte – CEO ad MD of WiproThierry Delaporte is the CEO and MD of Wipro Ltd. The Bangalore-headquartered Indian multinational conglomerate stands as one of the top IT firms in India today. Delaporte has been appointed as the CEO and MD of the company in July 2020 and has been sincerely serving the role since then.
The chart shows the base salary for Chief Operating Officer ranges from ₹3,991,257 to ₹62,859,391 with the average base salary of ₹14,503,113. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Chief Operating Officer may get paid difference by industry, location, and factors. The chart shows the base salary for COO ranges from ₹4,019,952 to ₹63,311,323 with the average base salary of ₹14,607,384. The base salary of the COO may get paid difference by industry, location, and factors.
In 2016 only, Karan Adani was approved of an annual salary of INR 1.5 Crore. This company is an Indian multinational automotive manufacturer. It is also said to be the second-largest commercial vehicle manufacturer in India. The Alumni of IIM Ahmedabad has received a salary of INR 10.7 Crore in FY21. Marico Limited is a multinational consumer goods company from India and Saugata Gupta has been serving as the CEO of the Marico since 2013.
- The man is serving as the Managing Director and CEO of Tata Consultancy Services since 2017.
- C P Gurnani has been a part of many big shots such as HCL Corporation and Petrot Systems.
- L&T is an Indian multinational conglomerate that deals with engineering, manufacturing, construction, technology, and financial services, and its headquarters is situated in Mumbai.
- “The last few years have been relatively volatile and, therefore, unpredictable due to multiple ‘one-off’ events, both in India as well as globally.
- Mukesh Ambani – Highest paid CEO in IndiaOne of the richest people in India and also the world, Mukesh Ambani is the CEO of one of India’s most valuable companies Reliance Industries.
The Frenchman received a compensation of Rs 79.8 crore in FY22, which was a hike from the earlier package of Rs 64.3 crore in FY21. Vijayakumar’s salary was last reported to be $16.52 mn in FY22, which he received after getting a two-year long-term incentive . This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. As President and Chief Operating Officer at FEDEX CORP, Rajesh Subramaniam made $4,974,973 in total compensation. Of this total $1,115,453 was received as a salary, $548,915 was received as a bonus, $1,518,721 was received in stock options, USD 1,053,213 was awarded as stock and USD 738,671 came from other compensation. This information is according to proxy statements filed for the 2022 fiscal year.
Base salary of Kapur will be 1.5 million dollars, which is Rs 12.35 crore in Indian currency. In 2024, BizJounrals.com, he will get a salary as much as 17 million dollars, including incentives. See how different employers pay, how satisfied their employees are and what it’s really like to work there. The realised earnings from this component could drop to zero in case of poor share price and/or fundamental company performance.
Infosys CEO Salil Parekh’s annual pay touched Rs 71 crore in FY 2021-22
Not only that, in 2017 he was ranked 8th by India Today magazine on India’s Most Powerful People 2017. He has contributed to the pharmaceutical industry immensely for which the Government of India honoured him with Padma Shri in 2016. Sanghvi drew a salary of Re 1 during FY18-19, which made him one of the lowest-paid CEOs in the pharmaceutical industry. Parag Agrawal – CEO of Twitter | Top CEO salary in IndiaWith a love of Mathematics, cars and computers, Parag Agrawal joins the top CEOs club that shares an Indian origin. Agrawal was recenty promoted to the position of the CEO of Twitter on November 29, 2021, replacing Jack Dorsey, who stepped down. Parag Agrawal is an alumnus of IIT Bombay and Stanford University.
Get live Share Market updates and latest India News and business news on Financial Express. “The last few years have been relatively volatile and, therefore, unpredictable due to multiple ‘one-off’ events, both in India as well as globally. As the negative economic impact of Covid-19 subsided over time, the focus has largely shifted from cost optimisation alone to also talent retention,” Deloitte said in a statement. According to an Economic Times report, he earned Rs 28.57 crores in the fiscal year 2020. Coordinate with Data & Digital team to make management dashboard more insightful. Collaborate with the Action Owners to drive improvements to meet targets.
In 2017, he ranked 42nd position by India Today in their list of India’s 50 Most Powerful People. The survey said that the annual LTI for CEOs on an average is 125 per cent of fixed pay. Most companies use a mix of performance and retention-based grants, with at least 50 per cent of the grant amount linked to performance measures such as shareholder return, profit, revenue and cash flows. Across most roles, size of the company had a greater influence on the pay levels as compared to sector in which the company operates. The increase in pay levels is accompanied by a strong performance linkage. For companies with a long-term incentive plan, 91% had a vesting period of three or more years, it said.
He and his wife took R 87.5 crore each in FY22, which included ex-gratia and bonus. Mohit Gujral – Co-CEO of DLF Limited | Top CEO salary in IndiaAn architect by background, Mohit Gujral is the Co-CEO of DLF Limited since August 2015. He is the man behind architectural marvels such as DLF Emporio, DLF Promenade, and Cyber Greens at Gurgaon.
In deriving an average wage, the lowest annual salary is ₹8,92,216, and the highest rate is ₹15,62,124. We’ve got serious career advice, with a side of sass, on careers, salary of coo in india salary negotiation and professional growth – and the data to back it up. For the CEO, 84% of short-term incentives are dependent on company performance.
Similarly, in FY21, the average was Rs 9.1 crore while the median stood at Rs 6.2 crore, which was again lower compared to 2020 when the average stood at Rs 9.7 crore and median at Rs 7.1 crore. The Tata Sons chairman received a pay package of Rs 58 crore for fiscal 2020, according to the Times Of India report. Mukesh Ambani is the owner of Reliance Industries and holds about 44 percent stake in the company. He has kept his annual salary from his flagship firm capped at Rs 15 crore per annum in 2020, according to a Business Standard report. T. V. Narendran is the CEO of Tata Steel, on eof the world’s largest steel producer. He took the charge in the year 2017 and has done his MBA from IIM Calcutta.
Job Description Job Description Reporting to the COO, the VP Mining will be part of the technical management team, working on a cooperative basis with the EVPExploration and the VP Projects, and.. Job Description Job Description Reporting to the COO, the VP Mining will be part of the technical management team, working on a cooperative basis with the EVP Exploration and the VP Projects.. Employees work assessment, employee coordination, project handing, project supervision and part of.. Project status reporting, and implementing change control processes.Works closely with COO on other.. Work deeply with the healthcare ecosystem, and save lives.The role would involve working closely with the COO and company CA.Please note. Maintains efficient daily operations of by initiating, coordinating, and enforcing personnel policies and procedures.
Common Health Benefits for a Chief Executive Officer (CEO)
The CEO and MD of Bajaj Auto received an annual salary of Rs 39.86 crore in FY 2020, reported Livemint. The average coo salary in India is ₹ 1,500,000 per year or ₹ 601 per hour. Entry-level positions start at ₹ 775,000 per year, while most experienced workers make up to ₹ 3,755,000 per year. Salary.com provides trusted global salary data in over 100 countries to organizations like yours to attract and retain top talent.
The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Chief Operating Officer in India can differ based on any or all of these varying factors. The average Chief Operating Officer salary in India is ₹14,503,113 as of March 18, 2021, but the range typically falls between ₹3,991,257 and ₹62,859,391.
India
Berry’s salary has witnessed a jump from Rs 10.52 crore in FY21 to become Rs 11.47 crore in FY22. Rajiv Bajaj – CEO, Bajaj Auto | Highest paid CEO in IndiaRajiv Bajaj took the position of CEO of the Bajaj Auto in 2005. He was re-appointed as the MD and CEO of the famous motorcycle manufacturing company of India in 2020. He makes the company one of the strongest ones in the country by his leadership and since then it has never looked back. He changed the two-wheeler industry of India by introducing the Pulsar range of motorcycles.
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The graduate from IIM Ahmedabad immediately become the CEO after his joining and since then has been working continuously to lead the company to the top. The first Non-Parsi to head the TATA group, he’s credited for making TCS reach a market capitalization of more than $70 billion. The company has also achieved the distinction of becoming the largest private-sector employer in India under his guidance. Chandrasekaran is an avid marathon runner, having competed in marathons across the globe. The last salary that Natarajan Chandrasekaran drew is Rs 58 crore in FY20.
Kalanithi Maran – CEO, Sun Group | Highest paid CEO in IndiaKalanithi Maran founded Sun Group in the year 1993, a media conglomerate company, the headquarters are in Chennai, India. The organization consists of 48 FM Radio stations two newspapers, five magazines, one DTH satellite service, and an IPL franchise. Kalanithi Maran with his contribution has made Sun Group a successful company that deals with media and now is one of the highest-paid CEO of a company in India.
