Top CEOs globally, including India, received 9% pay rise in 2022, employees took 3% pay cut
Image Credit: economic times
Top CEOs globally, including India, received a real-term 9 per cent pay rise in 2022, while workers worldwide took a 3 per cent pay cut during the same period, a report showed on Monday. Around 150 of the top-paid executives in India received $1 million on average last year, a real-term pay rise of 2 per cent since 2021. A single Indian executive makes in just four hours more than an average worker earns in a year.