Aon Survey projects 6% salary hike in 2021 for senior executives in India

Study analysed 504 firms from over 20 industries. Variable pay plus LTI as a percentage of total compensation is 52% of CEOs in India compared to 87% in the US

Down by 1.4 per cent from 2020, leading global professional services firm Aon Plc has projected a six per cent salary increase for senior executives in 2021.

According to the latest Executive Rewards Survey in India by Aon, excluding long-term incentives (LTI), the median chief executive officer (CEO) compensation in India ranges from Rs 15 crore for owner-promoter CEOs to Rs 3.63 crore at Indian private companies.

The study analysed data across 504 companies from more than 20 industries. The sum of variable pay and LTI as a percentage of total compensation is 52 per cent of CEOs in India