The global socio-economic and political climate is undergoing tremendous change. Organisations are trying their best to adjust strategies while leveraging opportunities and mitigating risks. Those who are driving business strategies to success or failure are the CEOs, executive directors and key management personnel. Their selection, remuneration and job conditions have naturally come into focus. Volatile performance, corporate governance issues, scarcity of top management talent, complex environments, have underlined the need for a robust compensation strategy for executives.
Based on our research, the total pay has increased for India-based CEOs by over 70 per cent in the last three years and
